Archive for January, 2008
Did you notice the volatility displayed by the technology stocks on Nasdaq today? This is what a trader would love to see. A huge plunge follows by a reverse trend to the green, just like how the Dow and Nasdaq composite swung. FinanceTwitter had blogged that Baidu.com, Inc.’s (Nasdaq: BIDU, stock) support was at $350 […]
... written on Jan 07 2008As their competitor you got to hate them but as their customer you simply got to love them, although you might have thousand and one reason to criticize them because you were comparing an apple and an orange. Before the creation of this creature called AirAsia Berhad (KLSE: AIRASIA, stock-code 5099), not many people can […]
... written on Jan 07 2008Just what could be the problem with Malaysia’s fifth Prime Minister Abdullah Badawi’s administration? He got the highest votes from the public during his first election since taken over from former premier Mahathir but it appears he’s screwing it up pretty fast. Hold on! It was not only the votes that Badawi gotten the highest […]
... written on Jan 06 2008Weaker job growth and a rise in the unemployment rate enabled Wall Street to take the 3-digit plunge again Friday. The Dow fell 256.54 (1.96 percent) to 12,800.18, below the psychological 13,000 points while the Standard & Poor’s 500 index declined 35.53 (2.46 percent) to 1,411.63. Meanwhile The Nasdaq composite index dropped 3.77 percent or […]
... written on Jan 05 2008Who would have thought that the traditional boring plantation stocks will be the sector that jump-starts the New Year 2008 with a bang? People would most likely put their bet on financial, property or even oil and gas companies to be the hero entering the new calendar. But the crude palm oil (CPO) prices appears […]
... written on Jan 04 2008While Baidu.com, Inc. (Nasdaq: BIDU, stock), the Chinese search engine that often said to be Chinese version of Google, lost their Chief Financial Officer, Shawn Wang, who died in an accident in China, its stock is still mourning. With the next support at $350 the stock could see further downtrend – another $20 to go […]
... written on Jan 03 2008Fuel prices touched the frightening level of $100 a barrel before eased Thursday. Light, sweet crude for February delivery fell 38 cents to $99.24 a barrel in Asian electronic trading but not before rose $4.02 to $100 a barrel Wednesday, only to slipped back below $100 to a record $99.62 – up $3.64. The $100 […]
... written on Jan 03 2008The first political casualty from the ruling government starts the second day of the New Year 2008 today when Malaysian Health Minister cum MCA vice president, Dr Chua Soi Lek, announced his resignation (or sacked by his own boss?) one day after he refused to do so. Chua Soi Lek’s sex DVDs scandal proves too […]
... written on Jan 02 2008What a day to start the first day of the New Year 2008. And if you’re living in the land of a nation called Malaysia, you should be proud of the great abundant of stories that never fail to amuse you. While everyone was celebrating the New Year with great fireworks, you have groups of […]
... written on Jan 01 2008
