Archive for October, 2006
KUALA LUMPUR: Bursa Malaysia said it is deferring the launch of regulated short-selling/securities borrowing and lending (RSS/SBL) activity on the exchange until January 2007. frankly, i’m disappointed with the repetitive deferment of this simple yet useful & common practice of “short-selling” … in other matured markets, short-selling has been lauded as an important contribution to […]
... written on Oct 14 2006Mattel would be announcing it’s earning next monday, 16-oct-2006 bmo … the holiday season is shaping up & Mattel Inc.’s HyperScan, a minor-league entry that seeks to carve a niche by combining a console with something else boys are known to like: collectible cards … furthermore Cramer believes that the toymaker may have finally gotten […]
... written on Oct 13 2006DJIA yesterday closed higher by almost 100 points challenging 12,000 level … i expect djia, nasdaq, s&p500 to be within positive territory as these 3 main indexes plus russell, dow transport, semiconductor closed higher by 1% … couple this with good earning by utility TNB (tenaga nasional berhad) which improved its’ net profit by 52% […]
... written on Oct 13 2006Stocks advanced thursday, with the dow jones industrial average crossing 11,900 for the first time, after big consumer names like mcdonald’s corp. gave investors hope that earnings would be strong despite a slowing economy. McDonald’s corp., the world’s largest fast-food chain, forecast third-quarter earnings above wall street’s expectations thursday after posting strong increases in same-store […]
... written on Oct 12 2006Will someone please ask the bull if it really getting ready for a charge ? as of 4 p.m. today (12-oct-2006), the bull seems like teasing us to watch if we have enough guts to jump-in the ride … 970 has been breached and the 967 become our support … but at the current 976 […]
... written on Oct 12 2006one of my favourite, StarBucks (nasdaq : SBUX) is running out of steam since it’s gap-up on 5th-oct-2006 … yesterday closing of below the support of $ 38.00 confirmed the other indicators (rsi, stochastic, macd) that it’s bearish … moreover, stocktube indicator points to the bulls are slowing down since then … as such let’s […]
... written on Oct 12 2006Bursa Malaysia will be closed for trading from Oct 23 to Oct 25 in conjunction with the deepavali and hari-raya aidilfitri celebrations, according to a schedule posted on the bourse’s website … Meanwhile, the Association of Banks in Malaysia (ABM) said Oct 23 will also be observed as a holiday for banks …
... written on Oct 11 2006My scanning today produced a couple of stocks which caught my attention and i specially like what i see in mbfhldg (mbf holdings bhd) … it triggered the macd buy signal … not only that, the stochastic shows a reversal from what seems to be consolidation as the continuity of bullishness … rsi shows the […]
... written on Oct 11 2006I’ve been watching berjaya shares since 2 years ago as it has not moved quite as normal as during pre-1997 asean financial crisis. Berjaya is famed for it’s restructuring exercise every now and then, the latest involved BJCorp. Anyway, based on the chart, it seems BJCap has break away with high volume since 13-sept-2006 with […]
... written on Oct 10 2006Today is the birth-date of this blog http://www.financetwitter.com – I believe stock market is an in-efficient buyer-seller marketplace which consists of 3rd entity called blind-factor (kinda like black-hole) that sometime influences the pricing of individual stock without logical explanation.Hence it’s up to the taste of the player/investors whether Warren-Buffet or George Soros style suits their […]
... written on Oct 09 2006
