Posted by Jeflin on July 23, 2008
Wall Street continue to finish higher on Wednesday. Dow Jones ended up 0.3%, Nasdaq composite gained 
almost 1%, and the S&P 500 was 0.4% higher.
Falling oil prices and the likely approval of a House bill which will stabilize the collapsing residential properties sector cheered the market.
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Posted in Stock Indices, Stocks | Tagged: Amazon, bear, bear rally, blue-chips, Dow Jones, Fannie Mae, Freddie Mac, Nasdaq, Northwest Airlines, Oil, ST Index, Stock Volume, Stocks, Washington Mutual, Yahoo | 1 Comment »
Posted by Jeflin on June 12, 2008
I have not written market analysis for a while because the situation is too volatile to track on a daily basis. Just when you think oil has taken a beating, it surged back to the fore but before the ink has dried, it beat a hasty retreat again the very next day.
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Posted in Stock Indices, Stocks | Tagged: bear, Dow Jones, global stock market, oil inventories, rally, ST Index | Leave a Comment »
Posted by Jeflin on June 5, 2008
Bull vs Bear battle rages on in the Singapore stock exchange. The Straits Times Index increased by a mere 9.09 points to 3143.89. Trading volume was weak at 1002.7 million. Gainers/Losers stood at 234/268.
To me, such a market performance is poor especially when we consider a multitude of positive news for the US economy.
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Posted in Banking, Economy, Entrecard, Inflation, Oil, Stocks | Tagged: banks, bear, bull, depression, Federal Reserve, Inflation, Oil, SGX, stock exchange, stock market, Stocks | 1 Comment »
