i am looking at the palm oil stocks now....Golden Agri resources and Wilmar ....both looks like bottoming. if u study, the other palm oil stocks have also stopped dropping....
Wilmar has daily share buy back at $3.00 and a Director has bought 2,000,000 shares at $3.18 recently.
BTW crude palm oil(CPO) has rebounded from the october lows...and seasonally CPO prices tend to rise from Oct to Dec..due to the many festive seasons.
http://www.palmoilhq.com/crude-palm-oil-cpo-futures/
Noble is forming a nice uptrend, supported by the 20 dMA.
YZJ and Cosco should benefit from China Trillion yuan infrastracture stimulus package....both are near the previous low...COSCO $0.87..YZJ $0.91....with the good news from NOL....might stir interests in other shipping stocks.
Showing posts with label Noble group. Show all posts
Showing posts with label Noble group. Show all posts
Thursday, 25 October 2012
Wednesday, 10 October 2012
Saturday, 15 September 2012
Fed Reserve launched open-end QE3
Stocks and Commodities are going to fly!!! Interest rates will be kept low till mid-2015 which means properties prices are likely to maintain high as long as there's cheap money (low interest rates).......Are u in position to benefit? Good luck!
The Federal Reserve has announced bold, open-ended steps to stimulate the US economy and reduce high unemployment, saying it will spend $US40 billion ($38 billion) a month to buy mortgage-backed securities for as long as necessary.
After trading flat before the Fed’s announcement, US stocks surged to multi-year highs and Australian stocks are set to follow. The Dow and the S&P 500 both closed at their highest levels since December 2007, while the Nasdaq ended at the highest since November 2000.
The US dollar fell, oil prices rose and gold hit a six-month high, and the Aussie dollar shot higher to $US1.0543, its highest level since August 10. Locally, the futures market is pointing to gains of about 0.75 per cent when the market opens.
The central bank also extended a plan to keep short-term interest rates at record lows - close to zero - until mid-2015, or six months longer than it had planned. And it said it’s ready to take other steps even after the economy improves under a ‘‘highly accommodative stance of monetary policy’’.
The plan
‘‘The idea is to quicken the recovery,’’ Fed chairman Ben Bernanke later told a news conference. But he made it clear he thinks the economy will need the Fed’s intervention even after the recovery strengthens, saying the country’s employment situation ‘‘remains a grave concern’’.
A new Fed forecast said it thinks unemployment, now at 8.1 per cent, won’t fall below 8 per cent this year.
"If the outlook for the labor market does not improve substantially, the committee will continue its purchase of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability," the Fed said in a statement.
In an additional move that reflects just how concerned Fed officials are about the economy, policymakers said they would not likely raise interest rates from current rock-bottom lows until at least mid-2015. Previously, it had set such guidance at late 2014.
"To support continued progress toward maximum employment and price stability, the committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens," the central bank said.
"They are definitely stepping up," said William Larkin, a portfolio manager at Cabot Money Management. "It creates an inflation outlook concern because if you are doing it for this extreme for this length of time, my biggest question is what is going to happen to inflation in two years?"
Pushing on a string?
The decision comes in the face of widespread questions about the likely effectiveness of a further foray into unorthodox monetary policy, including from Republican presidential nominee Mitt Romney.
Senator John Cornyn, head of the Senate Republican Campaign Committee, said the Fed appeared to be "trying to juice the economy" ahead of the presidential election to help Obama. "It looks to be political," he said.
Brazilian Finance Minister Guido Mantega said he would keep a close eye on the impact of the Fed's monetary easing on Brazil's real currency. Mantega had accused the Fed's earlier bond buying of unfairly weakening the US dollar.
In its statement, the Fed said the fresh MBS purchases, which it will start on Friday, would come on top of its so-called Operation Twist program, in which it is selling short-term bonds to buy longer-term Treasury debt.
"These actions, which together will increase the committee's holdings of longer-term securities by about $US85 billion each month through the end of the year, should put downward pressure on longer-term interest rates, support mortgage markets, and to help make broader financial conditions more accommodative," it said.
The latest purchases build on the $US2.3 trillion in US government and housing-related debt the Fed has already bought.
In the Fed's first two rounds of so-called quantitative easing, dubbed QE1 and QE2, the central bank bought bonds closer to a pace around $US100 billion per month.
'Swallowing the key'
By buying mortgage-linked debt, the Fed hopes to press mortgage costs lower and force investors into other assets, lowering their yields as well. Those lower borrowing costs should spur greater lending activity and foster faster economic growth, officials believe.
US economic growth cooled in the second quarter, coming in at a tepid 1.7 per cent annual rate, and forecasters do not believe it is doing much better now.
The economy created just 96,000 jobs last month, less than needed to keep up with population growth. While the unemployment rate edged down to 8.1 per cent, it was only because so many Americans gave up on the search for work.
The Fed will provide fresh forecasts that could show softer projections for economic growth and higher unemployment, which would help provide a rationale for its decision.
Stephen Stanley, an economist Pierpont Securities in Stamford, Connecticut, said that by tying its purchases to progress reducing US unemployment, the Fed had "basically locked on the handcuffs and swallowed the key."
Reuters, with AP
Read more: http://www.smh.com.au/business/world-business/the-big-guns-us-fed-launches-qe3-20120914-25vld.html#ixzz26bl5B9an
The Federal Reserve has announced bold, open-ended steps to stimulate the US economy and reduce high unemployment, saying it will spend $US40 billion ($38 billion) a month to buy mortgage-backed securities for as long as necessary.
After trading flat before the Fed’s announcement, US stocks surged to multi-year highs and Australian stocks are set to follow. The Dow and the S&P 500 both closed at their highest levels since December 2007, while the Nasdaq ended at the highest since November 2000.
The US dollar fell, oil prices rose and gold hit a six-month high, and the Aussie dollar shot higher to $US1.0543, its highest level since August 10. Locally, the futures market is pointing to gains of about 0.75 per cent when the market opens.
The plan
‘‘The idea is to quicken the recovery,’’ Fed chairman Ben Bernanke later told a news conference. But he made it clear he thinks the economy will need the Fed’s intervention even after the recovery strengthens, saying the country’s employment situation ‘‘remains a grave concern’’.
A new Fed forecast said it thinks unemployment, now at 8.1 per cent, won’t fall below 8 per cent this year.
"If the outlook for the labor market does not improve substantially, the committee will continue its purchase of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability," the Fed said in a statement.
In an additional move that reflects just how concerned Fed officials are about the economy, policymakers said they would not likely raise interest rates from current rock-bottom lows until at least mid-2015. Previously, it had set such guidance at late 2014.
"To support continued progress toward maximum employment and price stability, the committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens," the central bank said.
"They are definitely stepping up," said William Larkin, a portfolio manager at Cabot Money Management. "It creates an inflation outlook concern because if you are doing it for this extreme for this length of time, my biggest question is what is going to happen to inflation in two years?"
Pushing on a string?
The decision comes in the face of widespread questions about the likely effectiveness of a further foray into unorthodox monetary policy, including from Republican presidential nominee Mitt Romney.
Senator John Cornyn, head of the Senate Republican Campaign Committee, said the Fed appeared to be "trying to juice the economy" ahead of the presidential election to help Obama. "It looks to be political," he said.
Brazilian Finance Minister Guido Mantega said he would keep a close eye on the impact of the Fed's monetary easing on Brazil's real currency. Mantega had accused the Fed's earlier bond buying of unfairly weakening the US dollar.
In its statement, the Fed said the fresh MBS purchases, which it will start on Friday, would come on top of its so-called Operation Twist program, in which it is selling short-term bonds to buy longer-term Treasury debt.
"These actions, which together will increase the committee's holdings of longer-term securities by about $US85 billion each month through the end of the year, should put downward pressure on longer-term interest rates, support mortgage markets, and to help make broader financial conditions more accommodative," it said.
The latest purchases build on the $US2.3 trillion in US government and housing-related debt the Fed has already bought.
In the Fed's first two rounds of so-called quantitative easing, dubbed QE1 and QE2, the central bank bought bonds closer to a pace around $US100 billion per month.
'Swallowing the key'
By buying mortgage-linked debt, the Fed hopes to press mortgage costs lower and force investors into other assets, lowering their yields as well. Those lower borrowing costs should spur greater lending activity and foster faster economic growth, officials believe.
US economic growth cooled in the second quarter, coming in at a tepid 1.7 per cent annual rate, and forecasters do not believe it is doing much better now.
The economy created just 96,000 jobs last month, less than needed to keep up with population growth. While the unemployment rate edged down to 8.1 per cent, it was only because so many Americans gave up on the search for work.
The Fed will provide fresh forecasts that could show softer projections for economic growth and higher unemployment, which would help provide a rationale for its decision.
Stephen Stanley, an economist Pierpont Securities in Stamford, Connecticut, said that by tying its purchases to progress reducing US unemployment, the Fed had "basically locked on the handcuffs and swallowed the key."
Reuters, with AP
Read more: http://www.smh.com.au/business/world-business/the-big-guns-us-fed-launches-qe3-20120914-25vld.html#ixzz26bl5B9an
Friday, 7 September 2012
market rebounded today!!! i re-enter several positions i reduced earlier.(Noble, NOL, YZJ, Genting)...you must be viligent and alert to sudden changes in the market....which is why i will not tell u what to do....i simply can't make that decision for u....it is yours to make....this is how i learn...and this is how u learn too..don't ever wait for me to tell u what i did....it is probably too late...
have u bought silver or gold? silver went up 8%! since i mentioned it.
have u bought silver or gold? silver went up 8%! since i mentioned it.
Wednesday, 5 September 2012
better wait for the coast to clear before entering....i see most of the stocks at the support levels though.
The STI has broken the 20 dMA at 3013...let's see if the 50 dMA holds at around 2950. It either rebound or crash through and it will be downtrend....!!! Do note that the value of the moving averages 20/50/200 can be different for different charting softwares and duration ,6 months, 1 year, 2 years,...i am using Philip Poems chart....so the value is agar agar one....
The STI has broken the 20 dMA at 3013...let's see if the 50 dMA holds at around 2950. It either rebound or crash through and it will be downtrend....!!! Do note that the value of the moving averages 20/50/200 can be different for different charting softwares and duration ,6 months, 1 year, 2 years,...i am using Philip Poems chart....so the value is agar agar one....
Thursday, 30 August 2012
Tuesday, 28 August 2012
If Fed Reserve launch QE 3.....means print money....inflation risk is heightened..........likely commodities price will rise.....that will also push the stock market up as well.....what will happen to listed companies owning commodities like Noble, Sakari, Plantation etc? Other central banks are likely to print money as well..ECB and China stimulus...
Good to own some Gold or silver...silver has much higher upside potential than gold....gold might be capped close to USD2000...while silver (currently only USD 30) might explode to USD49 ( last year's previous high).....Try not to buy physical gold or silver as there's a large spread (between buy and sell price)...not to mention the storage and selling issues.....
http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=1&mn=0&dy=0&id=p12807082824
i apply the same technical analysis to buying silver...buy when the price cuts the 20/50/100/200 days moving averages and becomes supported by each.....At the current moment, price is already above 200 dMA....depending on what Fed Reserve says...it might drop and then rise again later or shoot up after the Jackson hole meeting if QE3 is coming.
Good to own some Gold or silver...silver has much higher upside potential than gold....gold might be capped close to USD2000...while silver (currently only USD 30) might explode to USD49 ( last year's previous high).....Try not to buy physical gold or silver as there's a large spread (between buy and sell price)...not to mention the storage and selling issues.....
Buy gold or silver ETF in SGX or CMC markets. Pls find out more about these instruments and understand that commodities are very volatile in nature!
This is a good website to track movements of silver:http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=1&mn=0&dy=0&id=p12807082824
i apply the same technical analysis to buying silver...buy when the price cuts the 20/50/100/200 days moving averages and becomes supported by each.....At the current moment, price is already above 200 dMA....depending on what Fed Reserve says...it might drop and then rise again later or shoot up after the Jackson hole meeting if QE3 is coming.
Friday, 24 August 2012
hi,
hope nobody panic sell Genting(1.335) and Noble(1.235) on 22nd Aug....because these are the price levels the Big Buyers are buying, collecting, accumulating....Genting bounded back to 1.385!
Sakari have bounded back too.
Yangzijiang, still in collection mode....got to be patient....i waited very long for Noble to explode upwards...
Stocks seldom go up in a straight line, so long as the support levels hold, relax and watch the show...if u are new to stocks investing, i would advise u to take just a small position to test yourself....how u react when it goes up and down.
cheers,
jason.
hope nobody panic sell Genting(1.335) and Noble(1.235) on 22nd Aug....because these are the price levels the Big Buyers are buying, collecting, accumulating....Genting bounded back to 1.385!
Sakari have bounded back too.
Yangzijiang, still in collection mode....got to be patient....i waited very long for Noble to explode upwards...
Stocks seldom go up in a straight line, so long as the support levels hold, relax and watch the show...if u are new to stocks investing, i would advise u to take just a small position to test yourself....how u react when it goes up and down.
cheers,
jason.
Tuesday, 14 August 2012
Wednesday, 8 August 2012
Noble
hi, IF Noble can stay above $1.11 (20 dMA- The RED line) for the next few days with volume, it is likely to reverse trend. Noble has been consolidating from $1.0- $1.17 for 3 months++...it just refuse to really break below $1.00.
You can see that it has tried TWICE and failed to break the 20 dMA....maybe ....maybe this time is for REAL!
IF cross the BLUE line $1.15 and stays above it, double confirm uptrend.
Did u guys realized that quite a number of beaten down stocks are showing this pattern??? seems like there will be a small rally so long as Europe side doesn't spoil the show!
You can see that it has tried TWICE and failed to break the 20 dMA....maybe ....maybe this time is for REAL!
IF cross the BLUE line $1.15 and stays above it, double confirm uptrend.
Did u guys realized that quite a number of beaten down stocks are showing this pattern??? seems like there will be a small rally so long as Europe side doesn't spoil the show!
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