Today stock market Chua Sai

[blankk]

Will chua sai until when? Chua sai until now many points STI? Buy, sell or hold?

 

[TiOnGSquare]

chua sai until usa finish off russia..

 

[cheong79]

Crude oil chua sai thus sti oso chua sai. Two way flow, bro.

 

[platopus]

last night (15 dec) S&P 500 drop till go under 2000 again, so morning continue.
But as of now (17 Dec 1am) S &P chiong back up le.

Earlier today was a good time to buy some stocks on the corrections, tmr should resume chugging up with a slow long term drop perhaps in the next 2 years

 

[coolhead]

the stock market sai chua back up again...

 

[peterchan75]

Sigh.... timing the stock market sometimes is a bitch...

 

[Bedokian]

Sigh.... timing the stock market sometimes is a bitch...

Heard this from somewhere:

Why BEAT the market when you can BE AT the market.

 

[anewbie]

My theory is it's has something to do with recent climate talks. If a deal is made to cut green house gas emission mutually, there will be a global correction. The market is anticipating that now.

 

[coolhead]

My theory is it's has something to do with recent climate talks. If a deal is made to cut green house gas emission mutually, there will be a global correction. The market is anticipating that now.

 

[simon_84]

happily vested with reits, come next month is CD period again.
just that the blue chips that are the worrying counters

 

[Bedokian]

My theory is it's has something to do with recent climate talks. If a deal is made to cut green house gas emission mutually, there will be a global correction. The market is anticipating that now.

There is also the ruble crisis, the oil price plunge, the slowing of China's growth, etc. playing a part as well.

 

[lcornwisky]

Gamblers

Sent from GAGT Android App

 

[Darkzi0n]

My theory is it's has something to do with recent climate talks. If a deal is made to cut green house gas emission mutually, there will be a global correction. The market is anticipating that now.

doubt so......

 

[platopus]

Anewbie,

Climate hasn't been on the mind of central banks n feds for a long time.

I wished it was, I studied geography in university, but climate is not a financial concern for now, even though it can bring down the world

 

[anewbie]

Good discussion. How would oil price impact stock market? Except a few oil&gas energy-related stocks are positively correlated to oil price, I'd think majority are negatively correlated, coz lower oil price, lower logistics cost, lower bottom line, stock market should rise, no?

 

[coolhead]

Good discussion. How would oil price impact stock market? Except a few oil&gas energy-related stocks are positively correlated to oil price, I'd think majority are negatively correlated, coz lower oil price, lower logistics cost, lower bottom line, stock market should rise, no?

1) oil price has a 0.6-0.7 positive correlation with djia. Furthermore, oil price is a leading indicator to djia in this regard. This is because lower oil demand is a symptom that manufacturing has slowed. This is not a good economic sign.
But I believe this correlation will get slightly weaker as US is making the drive towards alternative energy sources eg Natural gas, nuclear power etc.


2) Highly leveraged middle oil firms have a chance of going bankrupt with worries of contagion effect.

In all, I hope what you say comes true, but the volatility stems from discerning if this oil price slump is good news. There is a lot of noise in the market making out of this pricing and HOPEFULLY, it's due to oil supply increase rather than oil demand fall.

As of now, I'm leaning towards oil supply increase from mostly reliable evidence and research.

 

[tt32003]

Yesterday STI almost flat despite DJ went up 2++ points.

Last night DJ up another 4++ points.

Will STI regain all the lost this week ?

 

[Shion]

This STI...really...no eye see...

 

[platopus]

Upping LA, climb back to 3300 today likely