Philip Chua Business Blog

Posts Tagged ‘lot’

Unbelievably slow work, with relatively small daily ranges suggesting a lot of uncertainty at current prices. The Yen is consolidating in the middle of a decent-sized flat-bottomed daily Ichimoku ‘cloud’. Fibonacci retracement support at the 61% level will probably limit the downside this week (and maybe the following one too)…

Rallying, with record volume on EBS, a lot more than we had allowed for after touching a multi-year low at 84.82, so that this now looks like an ‘extension’ and ’spike low’. This suggests that the ‘channel’ will hold for many months to come, though keeping the downside bias thanks…

Maybe, or maybe not.
It’s what a lot of experts are saying, and it’s what some of us who work at FSM believed will happen. So we liquidated a part of our portfolios and kept some cash, some of us as early as June 2009, and we waited for the correction to come so that we would have some cash to buy in when share prices fell.
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(SINGAPORE) Finance Minister Tharman Shanmugaratnam yesterday said that even more money will be pumped into the economy through the 2010 government budget – in what some see as a suggestion that the current rebound will not hold up without support.
‘We are spending a lot more next year and the coming years compared to the past. If we take infrastructure alone, we are spending more,’ he told Parlia… more

EQUITY markets globally are more than fully priced for an economic rebound, says the chief investment officer of Bank Julius Baer.
‘Cheap money alone does not sustain (markets),’ says V Anantha-Nageswaran. ‘When you get an 85 per cent return in six months that used to take three years, a lot of good news is already in prices. We should not take risk at this stage – particularly in developed market… more

EVEN as the stock markets pick up, expect to see fewer designer labels on fellow passengers on the MRT in coming months, if the latest survey released yesterday by Omnicom Media Group (Asia Pacific) is anything to go by. Singaporeans ranked among the most thrifty in the region, with 45 per cent of respondents planning to be either ‘a little more cautious’ or ‘a lot more cautious’ with spending ove… more

Feel like you’re working a lot harder for the same pay – or even less? A new round of government data indicates that you probably are.  By msnbc.com’s John W. Schoen.

Reuters – The tech sector’s road to recovery just got a lot bumpier.

This week turned out a lot drearier than we had warned; hopefully the next two will be a little more exciting. Rallies in equity indices have postponed the drop we were expecting, but have not turned the outlook to positive. Therefore we shall allow for another two to four weeks…

With California set to print $3.6 billion in IOUs to pay bills, a lot of recipients are wondering: Just what good are these bogus bucks anyway? The Answer Desk, by John W. Schoen.