Philip Chua Business Blog

Posts Tagged ‘average’

Risk markets shrugged off the previous day's bearish Moody's/Greece news and pushed higher from the European open. The S&P500 is currently up 2.1%, back to 19 May levels, and breaking above the 200d moving average (the market has been fi xated by this indicator for the past few weeks). The

We have fiddled around in recent days with key inflection points in risk, including the 200-day moving average in the US S&P500 and the Ichimoku cloud level in USDJPY, not to mention the 200-day moving average in risk trades like USDCAD, but today seemed to offer a rather definitive statement

DO WE need a 'wall' on Wall Street? The question looms after traders' computers spiralled out of control and sent the Dow Jones Industrial Average into a nearly 1,000-point plunge last week. It appears that Wall Street is becoming less a place where businesses raise capital and more a traders' playground. Billion-dollar investors and their million-dollar computers are an expanding reality in sto... more

IT WAS another relatively good week for stocks, with our portfolios advancing an average of 1.1 per cent. But this was a shade paler than the 1.2 per cent chalked up by the blue chips Straits Times Index.
Our star portfolio last week was that made up of the highest dividend yield. It advanced 1.8 per cent. The biggest contributor to the portfolio’s gain was Hong Leong Asia, which added another 4.7… more

Stocks halted their steady climb Friday after renewed concerns about Greece’s ability to pay its debts left investors questioning a global economic recovery.







Dow Jones Industrial Average – Business – Investing – Stock – Stocks and Bonds

The Federal Reserve has paid a yearlong bribe to the housing market to keep mortgage rates almost a full point below average. The $1.25 trillion payoff also known as the Mortgage Backed Security purchase program is about to end. Will the mortgage market stay bought? Honest corruption is when a…