STI: End of the Road?
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Stock market will not be able to fight rising fuel price and interest rate. I believe it is about time for equity investor to be more careful about the stock market. Exit might be a good option.Originally posted by k4korny:STI closed flat on Fri at 2286.4.
for the week, it is down 16.8 pts..
As expected, 'Analyst' blames the current drag on oil.
Investors may look for leads in LHL's National day rally. But i din hear much that will create a big stir. if anything, probably will be in the p'ty sector cos of the Marina/ Orchard rd project, upgrading of the older estates, and subsidies for the lower income group. -
rising cost (due to oil) and debt leverage due to interest rates are major concerns..Originally posted by Gazelle:Stock market will not be able to fight rising fuel price and interest rate. I believe it is about time for equity investor to be more careful about the stock market. Exit might be a good option.
but on the other side of the equation, demand and revenues is also rising. Most of the company results in the past quarters has been pretty decent.
I think, it has become a question of whether revenues will outrun the rising cost. -
Past quarters result have already been reflected in today's stock prices. What we should be looking at is the result ahead of us. I think most company has already reach its peak and moving ahead, profit is likely to come down.Originally posted by k4korny:rising cost (due to oil) and debt leverage due to interest rates are major concerns..
but on the other side of the equation, demand and revenues is also rising. Most of the company results in the past quarters has been pretty decent.
I think, it has become a question of whether revenues will outrun the rising cost. -
Over the past 2 days, STI has dropped 18pts (-0.78%) over concerns of higher oil prices, as traders wait for the assessments of the damages caused by Hurricane Katrina.
oil has breached $70 per barrel tho some may think that the price is unsustainable. Nonetheless, it has dampen market sentiments and has made investors worried about its effect on the profitability of the companies. -
I cant smell that the bears are coming. The trend of the oil price no longer move in accordance to supply demand, and it is clear that those who are responsible for it are in control of the oil price.Originally posted by k4korny:Over the past 2 days, STI has dropped 18pts (-0.78%) over concerns of higher oil prices, as traders wait for the assessments of the damages caused by Hurricane Katrina.
oil has breached $70 per barrel tho some may think that the price is unsustainable. Nonetheless, it has dampen market sentiments and has made investors worried about its effect on the profitability of the companies.
the next thing to happen is rising interest rate and bursting of the property bubble in the USA. -
recently, there's a lot of talk about oil manipulation and an oil bubble.. there was this article in Today about it.Originally posted by Gazelle:I cant smell that the bears are coming. The trend of the oil price no longer move in accordance to supply demand, and it is clear that those who are responsible for it are in control of the oil price.
the next thing to happen is rising interest rate and bursting of the property bubble in the USA.
but the thing about bears are that nobody will predict it coming.. the story about rising interest rates, oil prices and property bubble has been ard for quite some time liao. Even terrorism is factored into the market.
Consumer confidence is still high, growth momentum is high and unemployment is low. IMO, the market will probably move sideways, or downwards, but unlikely into recession. but there are still gems ard. Only time will tell...
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STI has been see sawing betw 2310 and 2280 lately..
news papers has run out of ideas.. They are always talking either abt sell down due to oil, or profit taking on selected bluechips... come up with something more creative leh!
But there's been an absence of leads.. so also dunno wat to post. :s
BTW, I need another MOD! anyone wants to apply?
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The index is now 2300+ STI index will break 2500 by next year.
the property market in singapore is unique people buy first then build later. with the property now in full swing with all the new IR / condo launches and new business district all these things have yet to be built. And with so many projects in the pipeline the construction sector will white hot beginning next year. -
whats there to mod? so few posts.Originally posted by k4korny:STI has been see sawing betw 2310 and 2280 lately..
news papers has run out of ideas.. They are always talking either abt sell down due to oil, or profit taking on selected bluechips... come up with something more creative leh!
But there's been an absence of leads.. so also dunno wat to post. :s
BTW, I need another MOD! anyone wants to apply? -
nah.. not that. cos recently has been very bz.Originally posted by onefour02:whats there to mod? so few posts.
no time to log in even. so need someone else to watch over the forum.