Archive for January, 2009

Unemployment – How Bad Could It Get?

It surely feels good to see Apple Inc. (Nasdaq: AAPL, stock) shares trading above $90 bucks a share after my previous article. I suppose it’s time to take money off the table *grin* today as Friday is always a good day to lock in profit, if you know what I mean. In fact the best […]

... written on Jan 30 2009

Country is already in Recession – Forever a Liar

I thought I would be able to make another 100% profit on my AAPL Call Options after the company announced its earnings that beat analyst estimates. The stock jumped almost 10% after trading hours to $90.70 a share. For the quarter, the company earned $1.61 billion (or $1.78 per share) up from $1.58 billion (or […]

... written on Jan 23 2009

Barack Obama inauguration – the 17 minutes speech

Barack Obama’s inauguration will be televised as well as live-streamed and simulated in virtual worlds. Web sites such as Joost, Twitter, Flickr are some of the many sites readied in broadcasting Tuesday’s events live. Of course you can tune in to CNN (Astro subscribers) to enjoy the historical moment with popcorns, chips, Cokes or beers […]

... written on Jan 20 2009

I Have A Dream – A Day When Money Can’t Buy Votes

Citigroup Inc. (NYSE: C, stock) was splitting (what happen to the financial supermarket buzzword? *grin*) and Bank of America (NYSE: BAC, stock) was getting a whopping $138 billion government bailout. What a major milestone in the history of American capitalism. Nobody dares or cares to predict the bottom because the fact is the United States […]

... written on Jan 19 2009

Time DotCom, the Blood-Sucking Leech that never dies?

Remember how one of the worst and dying companies in town was awarded the precious 3G license while another successful company was denied not many moons ago? The puzzle was solved when Time DotCom Berhad (KLSE: TIMECOM, stock-code 5031) was literally given free 27.5 million shares in DIGI.com Berhad (DIGI : stock-code 6947) in exchange […]

... written on Jan 16 2009

Part-2 of financial problems haunting the Stock Market

Share prices of U.S. banks are unbelievably cheap nowadays and if you think it’s already damn cheap it could go down further. Faith is fast fading for stocks such as Citigroup Inc. (NYSE: C, stock) and Bank of America (NYSE: BAC, stock). The problem could be bad enough for Citigroup to let go of controlling […]

... written on Jan 15 2009

Muhyiddin, the newly crowned AP King of the Kings?

In case you missed this piece of classic jokes, here’s the headline whereby the bumiputra motor traders asked for APs (approve permits) system to be extended until 2020 and guess what, the International Trade and Industry Minister said “Aye”. Under the National Automotive Policy (NAP), the AP system is to be phased out by Dec […]

... written on Jan 13 2009

Why Recession is important and we still need it?

We can argue until the cows come back and debate until we foam at the mouth why do we keep experiencing this 10-year economic cycle. If we are capable of sending spacecraft deep into Mars ever since 1960s, can’t we plug this hole called “Recession”? There should be some sort of formulas to solve this […]

... written on Jan 12 2009

More data coming, more volatility, lesser ammunition left

What have you been doing right after the fireworks to welcome the New Year 2009? To be precise, did you rush in to the stock market – local or overseas? I did write that Jan 2009 is the month of orgasm but I also pointed out that unless you’re a swing trader, don’t try to […]

... written on Jan 08 2009

Boycott US-made products? No Thanks, it won’t work

Violence in the Middle East may just push the saggy crude oil prices higher much to the delights of the OPEC members who have been scratching their heads in disbelieve recently as to why their efforts previously didn’t work. Russia’s dispute with Ukraine (again?) over natural gas supplies will help the situation (higher prices) but […]

... written on Jan 06 2009

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