Investing & Trading
The U.S. stock market joined a sell-off around the world today (Monday) in the first trading since Standard & Poor’s downgraded American debt by one notch – from AAA, the highest rating, to AA+. The Dow Jones industrial average fell more than 250 points minutes after the opening bell on Wall Street. As expected the […]
... written on Aug 09 2011Chaos ruled the trading floor when investors sold their stocks in a big wave triggering what appears to be the worst stock-market selloff since the middle of financial crisis in early 2009. Both Dow Jones and S&P-500 dropped more than 4% while the Nasdaq lost 5% on fear that the still-trying-to-recover United States may hit […]
... written on Aug 05 2011Dr. Colin Lee Soon Soo, the founder and former managing director of TMC Life Sciences Bhd (KLSE: TMCLIFE, stock-code 0101) has set up his own new fertility center after sold all his 120.4 million shares (at RM0.52 a share) in TMC to Singapore billionaire Peter Lim Eng Hock. This is an expected move since he […]
... written on Jul 30 2011With less than 100 hours (Aug 2) before the world’s largest economic powerhouse, United States of America, is set to default on its debt obligations or otherwise, the global stock markets are trembling with fear. It’s very unlikely but should it happens, the U.S. economy may tumble by 5% and the stock market may drop […]
... written on Jul 29 2011Apple’s stock jumped as much as 7.5% to $405 a share in extended trading hour, after its earnings announcement. This is one company which grows as if there’s no tomorrow and leaves the competitors miles away especially in the tablet market. It was nice to read that iPhone sales actually quadrupled from a year ago […]
... written on Jul 20 2011Seriously, I hate to see Najib goes down faster than his predecessor, although I did write an article back in Jan 2010 that Najib’s administration may be short-lived, shorter than former PM Abdullah Badawi (you can read here). It seems there’s serious brain-drain in premiership succession that every new prime minister is worse than the […]
... written on Jul 15 2011Was away on a short holiday trip but that didn’t stop me (or you) from selling or buying the stocks or options, as long as you’re connected to the internet. Can you imagine the trading or investing landscape changes between now and ten years ago? Now, as long as you’ve a smartphone with connectivity to […]
... written on Jun 22 2011I‘ve said this before and I’m going to say this again – BlackBerry is toast and its latest earnings announced just after the stock market closed proves this. As expected Research In Motion Limited’s (Nasdaq: RIMM, stock) reported an awful set of forecast during the conference call. The fact that RIM still managed to give […]
... written on Jun 17 2011Dubai had the world’s fastest- growing property market until mid-2008 when the subprime crisis originated from US arrived at the kingdom. The collapse of the emirate’s property sector was partly due to heavy speculation where borrowing was as easy as buying groceries from the supermarket. An estimated of 60% in housing prices was wiped out […]
... written on May 27 2011Jim Cramer was right when he was furious about the LinkedIn Corp’s IPO yesterday. He was absolutely right that the IPO was “outrageously overvalued and preposterous” and that it’s the most ridiculous IPO since TheGlobe.com. Seriously, who can blame him when he accused the underwriters of playing the same game everyone played back in the […]
... written on May 20 2011
