Read? STI Entering Bear Market Soon???
Sep is over. Oct crash?
Market takes Big Steps down; but climbs back up in small steps! Bo pian!
Read? How to know you have achieved Mastery?
Bear coming to DOW on Monday?
Bear also coming to STI after that?
Uncle8888's war plan to hoot the new Bear!
Stocks tumbled Friday to cap a brutal week for financial markets, as surging interest rates and foreign currency turmoil heightened fears of a global recession.
The Dow Jones Industrial Average tumbled 486.27 points, or 1.62%, to 29,590.41. The S&P 500 slid 1.72% to 3,693.23, while the Nasdaq Composite dropped 1.8% to 10,867.93.
The Dow notched a new low for the year and closed below 30,000 for the first time since June 17. The 30-stock index ended the day 19.9% below an intraday record, flirting with bear market territory. At one point, the Dow was down more than 826 points.
Wah! New low in 2022 for DOW!
Let see how STI reacts on Monday!
Read? After Point X.....
Uncle8888 finally realized this - with each passing year as retiree who cashed out 100% of dividends received and any realized capital gains to fund household expenses; there will be diminishing bear market impact to his portfolio! No BS!
1. 100% of dividends received and any realized capital gains.
2. Just recycle any recovered investment costs into his War Chest to fight the next pull back, correctio or market crash to calibrate investment income.
A few more years; it will become freehold investment income for life! Best in Singapore SGX! LOL!
Kep Corp has completed its $500M share buyback program. The last share buyback was on 13 Sep 22.
A spike in closing price from 7.23 at 16:59 to 7.31 at 17:04 and then closed at 7.31 with 77% of total day volume!
This huge last minute buy up was not supported by Kep Corp share buyback program and also disappearance of sellers below 7.31. Who are these buyers at closing? Interesting reference for next week market actions.
Walau! Let see how STI react today! Income investors in SGX also panic???
Stock futures inched slightly higher in overnight trading Tuesday after another hot inflation reading sent the major averages tumbling to their worst day since June 2020 and dampened investors’ expectations of a less hawkish Federal Reserve.
Futures tied to the Dow Industrial Average last added 68 points, or 0.22%, while S&P 500 futures and Nasdaq 100 futures each inched about 0.2% higher.
During Tuesday’s regular trading session the Dow sank 1,276.37 points, or 3.94%, to close at 31,104.97, while the S&P 500 slid 4.32% to 3,932.69. The Nasdaq Composite toppled 5.16% to 11,633.57. All the major averages broke a four-day winning streak.
The market moves came after August’s consumer price index report showed headline inflation rose 0.1% on a monthly basis despite a drop in gas prices.
The hot inflation report left questions over whether stocks could go back to their June lows or fall even further. It also spurred some fears that the Federal Reserve could potentially hike even higher than the 75 basis points markets are pricing in.
“It caught the market off guard,” said LPL Financial’s Quincy Krosby. “The market had been expecting at least that we had leveled off — perhaps not moving downward but certainly not climbing higher. It was the wrong direction and the concern, of course, is always translated into what does this mean for the Fed.”
All 30 Dow stocks and S&P 500 sectors finished the session lower, led to the downside by communications services. The sector fell 5.6% and finished its worst day since February, dragged down by shares of big technology names like Netflix and Meta Platforms, which tumbled about 7.8% and 9.4%, respectively.
A reading of the producer price index is due out Wednesday morning and could offer further clues into the state of inflation before the Fed’s rate-hike meeting
Walau! Party music is still strong! Shiok!
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% , 214% and 215%!
Read? Blog posts relating to Past, Present and Future
Read? Round 56 SCI @ $1.63 Unexpectedly Became The Latest 2-Bagger To Join The Rank Of Multi-Baggers
In the market; can we really study the Past, access the Present and then forecast the Future based on FA, TA or FATA?
Dogs become Stars!
Thursday, 25 August 2022
A new ATH from 188%, 189%, 191%, 193%, 196%, 198% ,199% , 201% , 202% , 204% , 207%, 208%, 211% , 212% and 214%!
This time is powered up by Kep Corp! A new 52WH @ 7.45 exceeding Temasek offer price @ $7.35! Sibei steady!
Read? Kep Corp: Round 103 Sold $7.12
Round 102-2: ROC 11.5%, 114 days, B $6.57 S $7.35
Round 103: ROC 2.2%, 4 days, B $6.94 S $7.12
Round 102-1 (50%): ROC 7.4%, 100 days, B $6.57 S $7.08
Round 94: ROC 2.3%, 154 days, B $9.85 S $10.14 (Bought back at higher price. Last sold @ $9.05)
Round 93: ROC 5.7%, 67 days, B $8.50 S $9.05
Round 92: ROC 10.6%, 166 days, B $7.98 S $8.89
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