Archive for October, 2007
Oil prices dominated most of the businesses, stocks and economies discussion lately. Due to the fact that the fuel prices affect our daily life, we simply cannot ignore its impact no matter how hard we try. One of my friends who bought a brand new BMW 3-Series recently somehow didn’t looks happy after spending some […]
... written on Oct 18 2007When the subprime crisis exploded, the U.S. largest mortgage lender, Countrywide Financial Corp was perhaps the most talked about company after Merrill Lynch analyst ticked off the possibility of a bankruptcy. And now The Securities and Exchange Commission is investigating the obvious insider-trading when Countrywide CEO Angelo R. Mozilo sold some $130 million in Countrywide […]
... written on Oct 18 2007It appears both Apple Inc.’s (Nasdaq: AAPL, stock) and Google Inc. (Nasdaq: GOOG, stock) behave very well in the morning trading session today. So I’ll just let it trade whichever direction it wish to. As blogged earlier, Google is expected to announce its earning tomorrow, Thursday 18th Oct 2007 after the market close. What would […]
... written on Oct 17 2007StockTube has been bashing Yahoo Inc. (Nasdaq: YHOO, stock) whenever the opportunity presents itself in favor of Google Inc. (Nasdaq: GOOG, stock). While you might see me as a mean-creature just short of sexually abuse both Jerry Yang and David Filo, in contrast my intention was for “Yahoo’s own good” *evil grin*. I simply can’t […]
... written on Oct 17 2007Google Inc. might have breached the $600 level and currently floating comfortably above this level but the stock’s vulnerability has increased with the current market pulses. If Dow Jones keeps on dropping as if there’s no tomorrow, sooner rather than later the stock price will follows. Even though I’m still holding GOOG Nov 570 Call […]
... written on Oct 16 2007In early Monday morning trade, New York’s main oil futures contract, light sweet crude for delivery in November, was 16 cents higher than the US$86.13 a barrel amid mounting tension between Turkey and Kurdish rebels in Iraq. This is a bad news for airlines which are stupid enough not to hedge their fuel price but […]
... written on Oct 16 2007Now that the Muslim festival, Hari Raya Aidilfitri, has entered its third or final day before the stock market re-open tomorrow, the shift has been on the sustainability of the bull which could see the charges gaining momentum towards the year-end window dressing. After that you have the Chinese Lunar Year celebration which falls on […]
... written on Oct 15 2007Vincent Tan’s Berjaya Corporation Berhad (KLSE: BJCORP, stock-code 3395) has attracted punters and speculators for the last 2 weeks with great interest. The stock price more than doubled since end of September 2007 when the stock breached the resistance level of RM0.52 confidently and never look back. FinanceTwitter had blogged about the stock earlier as […]
... written on Oct 13 2007Now you know which position is the most powerful in the global economy. Although you might not command the same salary or wages as those of CEO that rewards you with millions in stocks option, basically everyone is at your mercy, if you’re the U.S. Federal Reserve Chairman. It’s funny that the only barometer that […]
... written on Oct 12 2007This is what you call a world-class leader, a person who can debate and argue with perfect common sense. What surprises me was how this 84-year-old Singapore former premier Lee Kuan Yew keep up-todate information using IT-technology and I bet he bring along his own PDA where-ever he goes. If only Malaysia has leaders with […]
... written on Oct 11 2007