Allthreemajorindicesendedthedaylowerbyalittlelessthan1%.Disappointingeconomicnewsandananalystslashingfirstquarterearningsestimatesforseveralfinancialnamesoutweighedstrengthsseeninmanycommoditynames.However,evenwithtoday’sdecline,theS&P500isstillupmorethan6%fromthelowsreachedonMarch17th.
Businessesmayhavejoinedconsumersincuttingtheirspendingrecently.TheDurableOrdersforFebruarydropped1.7%follow...[閱讀全文]
股海一粟的博客
投資是一門藝術，投資是一所永遠的學校。股海一粟第一次接觸到股票還是在1988年，那時候上海隻有老八股，沒有正規的交易所。。。那一年股海一粟隻有10歲。
博文
(2008-03-26 14:52:24)
(2008-03-25 14:41:28)
Themarketclosedthedayinamixedfashion.TheDow,theonlyloseramongthethreemajorindices,swungbetweenpositiveandnegativeterritoriesforatleast30timesbeforefinishingthedaywithalossof16points.Itwasnotasmallachievementconsideringmostnewsofthedaywasnegative.Inaddition,nosharpselloffinrecentwinnersaftertherecentrun-upwasalsoconsideredtobepositiveforthemarketmovingforward.
Consumersseemedtobequitenervousthe...[閱讀全文]
Consumersseemedtobequitenervousthe...[閱讀全文]
(2008-03-24 15:26:59)
Themarkethaditsfirstback-to-backrallyinMarchwithallthreemajorindicesgainingmorethan1.5%followinglastThursday’s2%gain.WehavetogobacktoearlyFebruarytoseearallyofthisscale.AsmostEuropeanmarketsareclosedtodayfortheEasterholiday,today’srallyintheUSwilllikelyhavesomepositiveimpactontheoverseastradingtomorrow.
Finallywereceivedsomepositivenewsonthehousingfront.TheFebruaryexistinghomesalesrose2.9%to...[閱讀全文]
Finallywereceivedsomepositivenewsonthehousingfront.TheFebruaryexistinghomesalesrose2.9%to...[閱讀全文]
(2008-03-20 14:48:09)
Allthreemajorindicesclosedthedayhigherbymorethan2%despitemixedeconomicnewsandongoingde-leveragingactivitiesinthecommoditymarket.Fortheweek,theS&P500advanced3.2%andtheDowgained2.2%.TheCRBCommodityIndex,whichoutperformedtheequityindicesbyawidemarginbeforethisweek,gaveback8.3%.
Investorstryingtofindgoodnewsinthejobmarketprobablyhadtowaitalittlelonger.Thecloselywatchedinitialjoblessclaimsincreased...[閱讀全文]
Investorstryingtofindgoodnewsinthejobmarketprobablyhadtowaitalittlelonger.Thecloselywatchedinitialjoblessclaimsincreased...[閱讀全文]
(2008-03-19 14:44:56)
Themarketgavebackagoodportionofyesterday’shistoricalgain.Allthreemajorindicesclosedthedaylowerbyaround2.5%.Concernsofmorede-leveragingactivitiesinthecommoditymarketoutweighedpositivenewsfromthefinancialsector.
WestartedthedayinapositivetonefollowingMorgan’sbetter-than-expectedearningsresultandreportthatregulatorwasrelaxingitssurpluscapitalrequirementonFannieMaeandFreddieMacfrom30%to20%.Thela...[閱讀全文]
WestartedthedayinapositivetonefollowingMorgan’sbetter-than-expectedearningsresultandreportthatregulatorwasrelaxingitssurpluscapitalrequirementonFannieMaeandFreddieMacfrom30%to20%.Thela...[閱讀全文]
(2008-03-18 14:29:14)
Bullsaregoingtocelebratetonight.Whyshouldn’tthey?Justonedayfollowingoneofthemostvolatiletradingsessionsinyears,themarkethadoneofitsbestdaysinhistory.Infact,S&P500hadthebestpercentagegainsinceOct2002andtheDowgained420points,thefourthbestinits112years’history.Evenmoreincredible,thisallhappenedonadayfilledwithso-soeconomicnewsandaFeddecisionthatarguablydisappointedsomeontheStreet.
Themarketstar...[閱讀全文]
Themarketstar...[閱讀全文]
(2008-03-17 14:43:55)
Therearesomedaysthatwillbewrittenintothefinancialhistorybookandtodayshouldbequalifiedasoneofthem.Moreprecisely,thefallinBearStearnswillberememberedinasimilarfashionasLTCM,OrangeCountyormorerecentlyEnron.JustminutesbeforetheAsianmarketopenedthismorning,JPMorganreachedadealwithBearStearnsandagreedtopaytheshareholdersofthetroubledinvestmentbank$2foreachshare.Soonafter,theFedmadeseveralsignificantanno...[閱讀全文]
(2008-03-14 14:49:24)
AnormallyquietFridayturnedouttobeoneofthemostvolatilesessionsinrecentyears.Allthreemajorindicesendedthedaydownbymorethan1.5%.Butfortheweek,DowwasactuallyhighercomparedtooneweekagowhileS&P500lostlessthanhalfapercent.TheVIXindexclosedat31.16,thehighestsinceMarch2003-themonththatUSlaunchedthesecond“GulfWar”againstIraqandwasmarkedastheendofthe2000–2003bearmarket.Canhistoryrepeatthistime?Onlytimewil...[閱讀全文]
(2008-03-13 15:24:08)
Therearemorethanadozenreasonsthatcoulddrivethemarketdownbymorethan300points.Butintheend,onereportsavedthatfromhappeningandallthreemajorindicesendedthedayingreen.Whataremarkabledayanditshouldnotbeeasilyforgottenbybullsandbearsalike.BeforethestockmarketopenintheUS,therewassimplynogoodnewstocheerabout.Evenworse,wegotsomeoverwhelminglybearishnews.
StartwiththetroubledhedgefundCarlyleCapital.Althou...[閱讀全文]
StartwiththetroubledhedgefundCarlyleCapital.Althou...[閱讀全文]
(2008-03-12 14:50:15)
. Apparently, bond traders were not convinced that yesterday’s Fed announcement would be enough to rescue the mortgage security market. In fact, the odds of a 75bps cut in the Fed’s next meeting jumped back to 70%+ area. The US dollar also hit a new historical low against the Euro as a result. <br><br><img src=http://i28.tinypic.com/33vn52o.jpg><br>)
Themarketheldupprettywelluntil30minutesbeforetheclose,whenawaveofsellinginfinancialsharesbroughtallthreemajorindicesintored.Butthelosseswerequitelimited.Forexample,S&P500,theworstperformeramongthethree,wasdownbylessthan1%aftergainingmorethan3%yesterday.Thevolumewasonthelightside.Similartoyesterday,therewaslittleeconomicnewsscheduledtobereleased.Aswementionedyesterday,financialsarethekeytowatchinth...[閱讀全文]
