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(Post 3551 of 15224) 11/06/2003.19:48:00 |
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Market's direction. |
| (Post 3552 of 15224) 11/06/2003.19:59:16 |
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SkyFox, was that you? Hee... 
 WLL |
| (Post 3553 of 15224) 11/06/2003.21:40:33 |
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had a good laugh ... |
| (Post 3554 of 15224) 11/06/2003.21:43:19 |
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Huh, European markets all green and Nasdaq future trends to green...
Sino88 06 Nov 2003 04:24pm [ Station User ] Posting #3523 Viewing #3523 of 3556 Index Value : 1761.75 [ Bookmark ] [ Reply ] Fanny, what does the Japnese election get to do with the markets of rest of Asia? Is there a perceived big difference for whichever party or whichever person wins the office? How accurate are futures for telling tomorrow's markets? many times, the futures showed deep in red only to reverse when our market were cloded. Is this job data release on coming Friday such a big deal? Can the workers/businesses increase their produce forever more? If that is possible, we probably no need to reproduce ourselves! The US markets are going to be scared of bad job data? Unlikely, if there is any sell-off, it is perhaps tomorrow is Friday! Relax, make the best of the situation! |
| (Post 3555 of 15224) 11/06/2003.21:49:02 |
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Sino88... relax urself first.. I just went to play golf w my angmoh friends. They told me to let the market dance for itself b4 they go in for a big one. So relax...   |
| (Post 3556 of 15224) 11/06/2003.21:52:43 |
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Maxlim, yeh...did you also feed the jobless angmohs so that they did not their first claims... |
| (Post 3557 of 15224) 11/06/2003.21:52:56 |
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Business - Reuters
Jobless Claims Plunge to Jan. 2001 Low 17 minutes ago Add Business - Reuters to My Yahoo! WASHINGTON (Reuters) - The number of Americans filing first-time claims for jobless benefits took an unexpectedly sharp plunge last week, reaching a level not seen since before the economy tumbled into recession in 2001, a government report showed on Thursday. Related Quotes DJIA NASDAQ ^SPC 9820.83 1959.37 1051.81 0.00 0.00 0.00 delayed 20 mins - disclaimer Quote Data provided by Reuters Missed Tech Tuesday? Fend off nasty viruses and get the tools to zap those pests. Plus, a brief history of the computer virus. Initial claims for state unemployment aid fell 43,000 to 348,000 in the week ending Nov. 1 from a revised 391,000 in the prior week, the Labor Department (news - web sites) said. It was the lowest claims level since late January 2001, two months before the recession began. Wall Street economists had expected claims to slip to 380,000 from a strike-elevated 386,000 initially reported for the week ending Oct. 25. A spokesman for the department said he could not point to any special factors to account for the big drop in claims last week, but said problems with seasonally adjusting the data could be a factor. "Every week we encourage (looking at) the four-week average. This is certainly one of those weeks," he said. The four-week average, which smoothes weekly volatility to present a better picture of labor-market trends, fell 10,000 to 380,000 last week, its lowest level since March 2001, the month the economy tumbled into recession. Initial claims and the four-week average have been below the 400,000 level for five weeks. Economists see that level as a divide between an improving and a deteriorating labor market, and the report suggested a long period of job losses may have finally run its course. On Friday, the department releases its employment report for October. Financial market economists are looking for U.S. payrolls to rise 55,000 after a 57,000 gain in September. They expect the jobless rate to hold steady at 6.1 percent. |
| (Post 3558 of 15224) 11/06/2003.21:53:44 |
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Max, will it be a tango, salsa, or waltz???
|
| (Post 3559 of 15224) 11/06/2003.21:56:15 |
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Well... Sino88, I can't say anything.. They're right beside me reading your lastest posting. They told me you're Mr Nice guy.. |
| (Post 3560 of 15224) 11/06/2003.21:56:36 |
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Tommorow, STI will bounce back 26 points. |
| (Post 3561 of 15224) 11/06/2003.21:57:09 |
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ECONOMIC REPORT
Productivity jumps 8.1% in Q3 Unit labor costs fall 4.6%, real compensation up 0.8% By Rex Nutting, CBS.MarketWatch.com Last Update: 8:40 AM ET Nov. 6, 2003 WASHINGTON (CBS.MW) - Productivity of the U.S. non-farm business sector surged at an 8.1 percent annual rate in the third quarter, the Labor Department estimated Thursday. Free! Sign up here to receive Thom Calandra's StockWatch e-Newsletter! INFORMATION FOR DJIA: Create an alert for DJIA Add DJIA to my portfolio More cool charts on DJIA Discuss DJIA NEWS FOR DJIA Cisco rises after beating targets after the bell U.S. stocks close mixed after late rally Priceline.com sinks on results, forecast More news for DJIA Quote & News Charts Financials Analysts Options SEC Filings TRACK THESE TOPICS My Portfolio Alerts Column: Economic Report Create Get Breaking News sent directly to your inbox Edit My Portfolio | Edit Alerts It was the biggest increase in six quarters, but it failed to match expectations of Wall Street economists, who were forecasting, on average, a gain of 8.7 percent. Productivity rose a revised 7.0 percent in the second quarter, up from the 6.8 percent estimated two months ago. Productivity - defined as output per hour worked - increased 4.7 percent in the past year, more than double the long-term average. It took just 95.3 workers to do the amount of work that 100 workers did a year ago. The surge in productivity has been driven by the necessity to cut costs while maintaining market share. With productivity rising so fast, in the short run there is no need to hire workers. Unit labor costs fell 4.6 percent. Output in the non-farm business sector rose 8.8 percent, the most since 1992. Hours worked rose 0.7 percent. Unit non-labor costs, including profits, rose 11.6 percent. Real hourly compensation rose 0.8 percent. In the manufacturing sector, productivity increased at an 8.6 percent annual rate. Manufacturing unit labor costs fell 4 percent, with output up 2.9 percent and hours worked down 5.2 percent. Real hourly compensation rose at a 1.9 percent annual rate. Productivity increased 3.8 percent in the past year in the manufacturing sector. Based on the hours worked data from the monthly business establishment surveys, economists expected total hours worked to decline in the quarter. However, the productivity measure also covers self-employed workers not covered in the establishment survey. In a separate report, the Labor Department said the number of new claims for state unemployment benefits fell to the lowest level since the recession began more than two and a half years ago. The average weekly number of seasonally adjusted new claims over the past four weeks fell by 10,000 to 380,000. Rex Nutting is Washington bureau chief of CBS.MarketWatch.com. |
| (Post 3562 of 15224) 11/06/2003.22:00:15 |
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Sino88, Thx 4 da upbeat economic data!!!
Tomorrow STI will cheong again!!! |
| (Post 3563 of 15224) 11/06/2003.22:00:57 |
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Huh, when they cannot improve unit output any more, they have to hire more people...no such things as jobless recovery forever.
Sino88 06 Nov 2003 04:24pm [ Station User ] Posting #3523 Viewing #3523 of 3556 Index Value : 1761.75 [ Bookmark ] [ Reply ] Fanny, what does the Japnese election get to do with the markets of rest of Asia? Is there a perceived big difference for whichever party or whichever person wins the office? How accurate are futures for telling tomorrow's markets? many times, the futures showed deep in red only to reverse when our market were cloded. Is this job data release on coming Friday such a big deal? Can the workers/businesses increase their produce forever more? If that is possible, we probably no need to reproduce ourselves! The US markets are going to be scared of bad job data? Unlikely, if there is any sell-off, it is perhaps tomorrow is Friday! Relax, make the best of the situation! |
| (Post 3564 of 15224) 11/06/2003.22:02:17 |
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hope dun just cheong in the morning part only hor.. morever those "S" are selling and taking profits.. it is hard to say about rally. |
| (Post 3565 of 15224) 11/06/2003.22:02:35 |
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US Jobless claim |
| (Post 3566 of 15224) 11/06/2003.22:03:22 |
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Sino88... Today STI posting from cover page to back page all yours |
| (Post 3567 of 15224) 11/06/2003.22:04:07 |
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Jobless claims at pre-recession levelLast week's claims were lowest of Bush's presidency
By Rex Nutting, CBS.MarketWatch.com Last Update: 8:38 AM ET Nov. 6, 2003 WASHINGTON (CBS.MW) - The number of new claims for state unemployment benefits fell to the lowest level since the recession began more than two and a half years ago, the Labor Department reported Thursday. full article |
| (Post 3568 of 15224) 11/06/2003.22:05:45 |
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ok let me rephrase. Tomolo STI will cheong all day long
|
| (Post 3569 of 15224) 11/06/2003.22:07:50 |
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Maxlim, hands all tied up...get nothing better to do mah. |
| (Post 3570 of 15224) 11/06/2003.22:10:12 |
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Sino88, u got F.P ? |
| (Post 3571 of 15224) 11/06/2003.22:12:27 |
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SESDAQ (Daily) - Still trying to find a footing. . . 
Hopefully can get support at 110. . . 
Previous pix |
| (Post 3572 of 15224) 11/06/2003.22:14:04 |
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Ochartist, any chances this Nov ? |
| (Post 3573 of 15224) 11/06/2003.22:15:14 |
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Hongbao, probably negative, what is F.P.? |
| (Post 3574 of 15224) 11/06/2003.22:15:48 |
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full ah peh.. |
| (Post 3575 of 15224) 11/06/2003.22:18:53 |
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Mep, any tips with this magnitude web page |
| (Post 3576 of 15224) 11/06/2003.22:25:39 |
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Hi Hongbao,
There is always a traditional Chinese New Year rally..
Don't think this year should be any different.
We should all get a Big RED Hongbao when the time come! |
| (Post 3577 of 15224) 11/06/2003.22:32:41 |
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Siow liao...already holding thousand lots of Thakral... tomorrow up ... Monday D DAY up somemore ...... do or die lah... Tomorrow buy frist thing in the morning :
Federal Kings SW Tech Group CAO Beyonics ACCS and ..... what else ? |
| (Post 3578 of 15224) 11/06/2003.22:34:48 |
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DJIA Red
Nasdaq GREEN |
| (Post 3579 of 15224) 11/06/2003.22:47:04 |
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Cherokean....Also don't forget to buy Neratel, SembCorp, ST Assembly, JurTech, King's SW, TPV, Citiraya...
So tomolo all set to cheonngggggggg |
| (Post 3580 of 15224) 11/06/2003.23:13:14 |
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Greenspan comments not very good hor.
See http://cnnfn.com |
| (Post 3581 of 15224) 11/06/2003.23:31:59 |
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Dear Hongbao, how did you interprete not good? Quote:
"NEW YORK (CNN/Money) - Federal Reserve Chairman Alan Greenspan said Thursday that the U.S. labor market seemed likely to improve, but the strength of that improvement was still in doubt, and the Fed could afford to wait before raising interest rates." The premise of stock mkts is that without interest rate rise, equities are good. So AG using excuse of lack of strength in the job mkt as an alibi to delay the raise of interest rates. Issn't this giving credence that he wants to see Wall St higher in the weeks/mths ahead? A good stock mkt rise in the Dec month will ensure good hong bao as Xmas bonuses to workers and set the home economy more robust with spendings. |
| (Post 3582 of 15224) 11/06/2003.23:38:18 |
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Quite neutral to me...  ...at least he says odds favour job growth...isn't this all is concerned about:
"While slow job growth could "hamper the vigor of the expansion," he said, "the odds ... do increasingly favor a revival in job creation." Greenspan took hope from the extremely low levels of inventories and the efforts by companies to slash their costs. "Efforts to rebuild inventories and a dwindling pool of possible efficiencies seem a combination that could generate a notable pickup in hiring should growth in final sales remain firm," he said." This is what I said today that you cannot forever increase your efficiencies. Interesting that the market expects both higher productivity and hiring. If you want jobs, better lower your expectation on productivity. Also take a not of how different headlines read: CBS Market Watch |
| (Post 3583 of 15224) 11/07/2003.00:57:30 |
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Papabull, i am looking those good comments that will set off major movements. Something totally new and solid good ! guess for this one many have anticipated liao. |
| (Post 3584 of 15224) 11/07/2003.05:38:38 |
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How about a comment on emerging markets like this one by By Charles Roth Of DOW JONES NEWSWIRES dated 7 November 2003
......Local stock indexes are trading near all-time highs in Argentina, Brazil and Mexico, and at their highest levels in about a year-and-a-half in Taiwan, South Korea and Singapore. Hong Kong's main stock index reached a 27-month high on Monday. In dollar terms, Thai stocks have skyrocketed 88% since the beginning of the year, according to the MSCI. While it would be natural enough to expect selling on such gains to kick in, and some already has, many emerging market equity fund managers and strategists remain bullish, far more so than their peers running bond funds. Thailand is a case in point. "For the dedicated investor who has to be Asia, there is no reason to sell if the story remains good, even if it is obviously the case that the easy money has long since been made," Credit Lyonnais Asia equity strategist Christopher Wood wrote in a report last week. "For every dedicated investor who is sitting on massive capital gains, there is a global investor who has not put a single cent into Thailand since the (1997/98) Asian crisis." It's not too late for global investors to join the party: Despite the huge run in Thai share prices, valuations, Wood noted, are not high, with the 36 Thai stocks tracked by Credit Lyonnais trading at 10 times forecast 2004 earnings. The same is true elsewhere, as well...... |
| (Post 3585 of 15224) 11/07/2003.09:27:42 |
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My target of 26 point up for STI today still got hope. |
| (Post 3586 of 15224) 11/07/2003.09:31:37 |
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DJ MARKET TALK/SG: MS Still Bearish Singapore Stks - Report
Is there such a thing as a villain who is normal? I thought all villains are evil. Now I understand why MS downgraded Singapore stocks! it's the work of a villain!
"07 November 2003, 09:04 [Dow Jones] Morgan Stanley still bearish on Singapore stocks after last month's surprise underweight call: Straits Time quotes analyst Norman Villain as saying better economic outlook already priced in by investors and "the good news should start to flatten out as we move into the first half of next year." His initial report sent Singapore stocks lower, came two months after he advised clients to put more money into local shares. Other analysts more upbeat though, and STI +0.8% so far.(RXM) |
| (Post 3587 of 15224) 11/07/2003.09:33:28 |
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Mep, once a villain always a villian - |
| (Post 3588 of 15224) 11/07/2003.09:38:17 |
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An evil one, 2 months ago ask ppl to buy (suppossedly they were selling then).
Let's exorcise this bugger. |
| (Post 3589 of 15224) 11/07/2003.09:46:19 |
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Leeeta,  lately you are very pek chiek with this Monster Spider which (crafty insect) uses its web to trap its victims (the investors)for its food (profit gain). Spray some toxic insecticide to get rid of this spinning crafty insect for good. |
| (Post 3590 of 15224) 11/07/2003.09:47:55 |
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Listen to Mr. Market lah. dont blame the villian. |
| (Post 3591 of 15224) 11/07/2003.09:48:03 |
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Thot his name is Villainman... |
| (Post 3592 of 15224) 11/07/2003.09:52:28 |
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STB, you see, the problem is market listens to villian. |
| (Post 3593 of 15224) 11/07/2003.09:57:28 |
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Watch the 10MA and 20MA for clearer signs, coupled with volume. Both still yet to cross 50MA (downwards).....hence trend still intact. |
| (Post 3594 of 15224) 11/07/2003.09:59:19 |
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The Morgan Stanley open his mouth to downgrade the more I will buy. Buy, average, hold and sell!
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| (Post 3595 of 15224) 11/07/2003.10:00:57 |
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Yes, listen to Mr. Market lah !
Give that poor guy a break, he is only doing his job and get monthly salary, didn't you heard in business news last night that money from US and Europe are pouring into Asia Singapore included ? If they do not talk down the market, how can they buy cheap and have a share of this pie ? |
| (Post 3596 of 15224) 11/07/2003.10:02:14 |
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Hope none of you get caught buying at the highs of today.
Market is very volatile. Good for nimble traders. Stay focused instead of indulging in idle chatting. |
| (Post 3597 of 15224) 11/07/2003.10:04:59 |
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Mephisto, Villian helps cool the market from overheating. |
| (Post 3598 of 15224) 11/07/2003.10:05:23 |
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Hi Jos, nice to hear from you. Yes very the pek check. Got any Baygon?
|
| (Post 3599 of 15224) 11/07/2003.10:06:14 |
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01, how to stay focused when i have nothing to monitor?! |
| (Post 3600 of 15224) 11/07/2003.10:08:04 |
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Spare, you sold all already? Can always monitor and wait for the chance to enter again... |
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