Stock Market: Where Are We Now?

Joes
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13 years 5 months ago #4688 by Joes

Replied by Joes on topic Re:Stock Market: Where Are We Now?

There is a theory that the North Korea incident is part of a plan for N Korea to make money by short-selling markets before the live firing. N. Korea is so poor it would have likely done so.

N. Korea is so weak that it actually cannot risk a war. The US and S. Korea have the fire power to finish off the N.Korean dynasty. China also does not want to fight a war in defence of N. Korea - it would be stupid of China to alienate itself from the rest of the world in this way.

Therefore, the N Korea tension now is no good reason for us investors to exit from the market in fear and selling stocks cheaply. In fact, it is time to accumulate the good stocks trading at attractive valuations after the Korean-inspired correction.

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Joes
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12 years 11 months ago #6097 by Joes

Replied by Joes on topic Re:Stock Market: Where Are We Now?

Who remembers the N Korea issue in Dec 2010 (re posting below)? I barely could recall what the situation was , which goes to show that many 'crisis' are like passing storm clouds..... after a few months, the sky clears and the markets regain their footing.

now, what are we preoccupied with? Euro debt crisis? Ok, it is a big one, but ....

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Rich
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12 years 11 months ago #6176 by Rich

Replied by Rich on topic Re:Stock Market: Where Are We Now?

Dow has fallen overnight, and should be adjusting to the up and down of the US econ data. The reality is the US growth is weak -- no point denying that. Asia is strong and stocks are not overvalued - just frightened and uncertain. I think accumulation opportunities will be available - and are avail already - for some stocks. It's a question of yr holding power, your patience -- and your target businesses delivering what they seem able to do, instead of coming up with accounting scandals or disappointing financial results.

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asiapacfinance
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12 years 11 months ago #6181 by asiapacfinance

Replied by asiapacfinance on topic Re:Stock Market: Where Are We Now?

LinkedIn IPO at 20x sales valuation, Groupon looking for 10x sales vauation for IPO, despite $540m losses last year. Feels alot like the dot com boom. China companies in the US, and everywhere else, in the limelight as usual for accounting irregularities. And Greece debt woes still in play. Brokers expecting correction in the near term.

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observer2
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12 years 10 months ago #6426 by observer2

Replied by observer2 on topic Re:Stock Market: Where Are We Now?

Dear forummers,
The big market downturn this time seems to be more severe for many stocks although the drop in the STI never reached the low point of last year’s correction in May. Many are running out of patience, waiting for the market to turn around; hopefully by the end of this month (window dressing time). CLSA Feng Shui Index then, may just be spot on in forecasting a good upturn for the market for the months of July and August, as mid-July to August is also the reporting season for 2Q results. A good set of results from many companies would certainly help to lift up market sentiments.
Those interested in CLSA Feng Shui Index can read the full report in –
www.clsa.com/assets/files/reports/CLSA-FSI-2011.pdf
If the bull market is still intact, we should continue to see the market climbing up “a wall of worry” and to higher levels soon; otherwise it would slide down “the slope of hope & despair”.

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csltay8033
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12 years 10 months ago #6427 by csltay8033

Replied by csltay8033 on topic Re:Re:Stock Market: Where Are We Now?

Hey observer2, great observation skills from u. Very good morning to u. So u are observing Feng Shui when buying shares? So for the 2nd half of 2011, how is S'pore STI going to perform when the European Debt Crisis is bothering every investors' mind for quite a long period of time? Are u still holding onto stocks? Thanks & have a good weekend.

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