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Archive for the 'market commentary' Category

Technical Analysis of US Market, week ending 29 Sep

The beginning portion has nice technical overview of the US market (S&P500, NASDAQ) for this week.

Wonder what software is he using to do the charts and the video.

(Note that green is for up and red is for down in case your convention differs.)

Popularity: 3%

World Cup and Stock Market Performance

World Cup 2006 Since the Word Cup started 2 weeks ago, the stockmarkets all around had been in a doldrums and directionless.

It is natural to speculate that the stock market performance is correlated to the world cup performance.

A research paper seem to support this speculation. Linking investor mood and market performance. They found economically and statistically significant market decline after soccer losses.

When Japan lost on Thursday night (22 Jun), the Nikkei did open with a drop in the morning.

So Korea was knocked out of the Word Cup by the Swiss on Friday night (this morning in Asia), let us see how the KOSPI perform on Monday.

Not only is the match result is affecting the stock market, the stock market is also affecting the match. World Cup Blog linked the performance of the Saudi players to their home stock market performance.

On the other hand Ukraine has much to smile about, their team is through the first round and their stock market has raisen 588% in the last 4 years.

Popularity: 20%

The Recent Market Correction

hear-hear1.jpgThe market correction over the past 3 weeks has got many people worried, myself included.

The question is, “Is there a cause for worries?”

Nowaday I hardly look at the market. With my business going on and my online projects, I’m thankful if I get to look at the charts and read the news on weekend.

Let’s take a quick look at the market. In my next post, you will see the STI charts and have a clearer picture.

The Singapore market (and generally many other markets worldwide) had been enjoying a sustained rally for the past 3 years. Conventional wisdom tells us that what goes up will come down, in what is known as correction.

So is the current correction a typical one or a sign of things to come?

Continue reading ‘The Recent Market Correction’

Popularity: 89%