Posts from ‘July, 2009’

Gold has been shooting once again.

I am sure you would have noticed. (Hmm.. market up, gold also up? lol)
Did you see how fast it shot up on the hourly chart?

And on the slightly longer outlook.
Them guys better pump up the volume much faster, else how would Gold Prices might Rise 20% to 30% [...]

I was curious when I saw the following article published on the New York Times: After Rescue, New Weakness Seen at A.I.G.
One passage caught my attention.

But state regulatory filings offer a different picture. They show that A.I.G.’s individual insurance companies have been doing an unusual volume of business with each other for many years — [...]

The 13.8 pt decline from yesterday’s high is emotionally charged because of the proximity to the “magic” 1,000 level. But in reality the decline is no different than the several other 13 to 15 point declines since the 8 June low.
When that pattern changes, then the bears may get the upper hand. Right now you [...]

Can the S&P make 1,000 today?

As we can see from AlphaTrends chart, that’s going to be a tough breakout and, even if we do make it, can we hold it? In yesterday’s post I said we were ready to switch off our brains and BUYBUYBUY the rally and our breakout levels did all hold [...]

Here’s a financial news report that should win an award!

YHS’ 2Q net profit up 27-foldWritten by Loong Tse MinFriday, 31 July 2009 10:54
PETALING JAYA: Drinks and food products maker YEO HIAP SENG (M) BHD (YHS) posted a 27-fold jump in net profit to RM2.1 million in its second quarter (2Q) ended June 30 from RM79,000 [...]

Posted this morning: IOI Corp: If Investors Are Not HappySaw some extra comments made on the Financial Edge Daily’s version: IOI’s Lee: Dividend payouts not in jeopardy

On the use of the RM1.2 billion proceeds, Lee said, “The funds will be kept for investment opportunities.”
On whether any investment targets had been identified, he said: “Not [...]

This has been a good environment for trading. As of now market is overbought and late reversal today was not a good sign. But earnings related breakouts continue to work in this market.
Stockbee

The stock trading technique called ‘Buying Dividends’ is becoming more and more popular. It is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.
When you [...]

In the United Kingdom, chocolate bars will need to start shrinking, and not just due to inflationary factors or to save the manufacturers money. The British Food Standards Agency is requesting that chocolate-based bars, be reduced in size to a maximum of 50 grams, versus the 58 grams of Mars bars, as an example. They [...]

The stock trading technique called ‘Buying Dividends’ is becoming more and more popular. It is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.
When you [...]