2009
Mother’s Day Gift Ideas - WindowBoxes
Filed Under (Investor News) by Admin on 29-04-2009
Apr 29, 2009: We have loving moms. So this year we’re thinking ahead on various gift ideas for Mother’s day. We’d love to surprise them with simple gifts which they’d cherish. For those of us with urban moms who love to do gardening, windowboxes seem to be a great option. Gardening and working with plants are known to promote mental, physical, and emotional health. Our moms could surely do with some good health on all three fronts.
Another cool idea is to introduce them to community gardens, which are open spaces in neighborhoods where people come together to grow plants. Along with nurturing plants most people develop healthy relationships among themselves. And in the process we end up beautifying our environment, nourishing our bodies, and strengthening our communities.
2009
Hong Kong Hang Seng Index (HSI) – More Downside
Filed Under (Finance Help) by Admin on 29-04-2009
The Hong Kong equity market has a strong bullish run last month in the first three weeks before a pull back last week. The HSI surged to as high as 15,977.13 points but fell 1,422 points or 8.9 percent to close at 14,555.11 points on Tuesday. On-month, the HSI is up 435 points or 3 per cent. The better-than-expected corporate results in the US have created confidence in the market for investors to continue buying shares. However, trading volume has started to decline slightly compared to the volume in March. Investors are being more cautious because the market has already climbed 24 percent from the low of 12,125.80 points in March.
Daily HSI chart as at 28 April 2009 using NextVIEW Advisor. Click on chart for larger view.
2009
US DOW (DJI) – Fails to break resistance
Filed Under (Finance Help) by Admin on 28-04-2009
The US equity market has been bullish last month but at a slower pace. In March the DJI increased 17.3 percent on-month but the increase in April is 3.8 percent. The DJI closed at 8025 points on Monday, falling 51.29 points amid declines in the Asian and European markets. The sentiment boost because of improvements in short term economic data in March has started to ease. The DJI failed to break above the intermediate down trend resistance line. The increase in the equity market does not reflect the improvements in the economy as analyst said that the economic recovery is still not within sight. Investors are being more cautious now.
Daily DJI chart as at 27 April 2009 using NextVIEW Advisor. Click on chart for larger view.
2009
Markets catch the flu
Filed Under (Finance Help) by Admin on 27-04-2009
No, this time it is not the bird flu or the flu markets get when US sneezes. The pigs who are normally slaughtered in the markets controlled by bulls and bears are having their revenge. The swine flu’s death count in Mexico grew to about 150 people from 100. The stocks of airlines, hotels and other tour related companies suffered losses in the US. Starwood Hotels and Resorts Worldwide Inc fell 11 percent, cruise operator Carnival Corp. fell 13.5 percent and Delta Air Lines Inc. dived 14.3 percent. However, pharmaceutical companies see marginal increase. GlaxoSmithKline gained 7.6 percent.
The Dow fell 51.29 points , or 0.6 percent, to 8,025.00. Before the US market opened, stocks in the rest of the markets were also lower. Read the rest of this entry »
2009
Carnival of Personal Finance #202 - The Lao Tzu Edition
Filed Under (Investor News) by Admin on 27-04-2009
Lao Tsu writing the Tao Te Ching on bamboo paper
[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
2009
Kuala Lumpur Composite Index: Time for a pullback
Filed Under (Finance Help) by Admin on 27-04-2009
Trading volume has increase tremendously with volume exceeding RM1 billion shares daily last week. Last weeks daily average volume was RM1.49 billion shares, 80 percent higher than the previous corresponding weeks average. On Thursday, the trading volume was almost RM2 billion. It may look good when the price trend is supported by strong increasing volume, but a jump or extreme increase in volume with smaller upward movements in the market may signal an end of a rally.
Technically, the down trend correction has extended after it broke the 940 points level extension should last until 970 points. The short to long term 30 to 90 day moving averages have started to increase but price is currently at the 200-day moving average which is currently at 963.30 points. The 200-day moving average is normally used as an indicator to indicate the long term trend by long term hedge funds. Therefore the KLCI is currently at a long term resistance level and we should see a down movement next week.
2009
FOREX: USD/CNY Analysis - 23 April
Filed Under (Finance Help) by Admin on 24-04-2009
The minor price fluctuations on this weeks chart imply that a test of the R1 resistance level should happen soon.
The market continues to move in a relatively narrow range. The pattern as viewed on last weeks chart had some downside implications. It seems the downside move to test S1 fulfilled that expectation.
At this moment S1 is key to what the market will do in the near term. My expectation is that the market will continue to range between S1 and R1. A penetration of S1 will force a reconsideration of this view.
2009
Weekend Review #17 - From a Quick FIRE Plan to Reducing Monthly Bills
Filed Under (Investor News) by Admin on 24-04-2009
Apr 24, 2009: The past few weeks went by at a crazy pace. We had several personal as well as professional projects competing for our time, space and energies. Consequently we could not do the weekly roundups though we did get a chance to glance through the stellar articles presented at the carnivals.
Thankfully we got a breather this weekend and can afford to take life at a leisurely pace. Here are some fine articles that caught our attention at the carnivals and festivals:
Read the rest of this entry »
2009
FOREX: EURO/US Dollar Analysis - 23 April
Filed Under (Finance Help) by Admin on 23-04-2009
The market easily penetrated the 1.3100 support level and moved down to test support level number two at 1.2945 (S2 on last weeks chart), eventually reaching a low of 1.2885 before turning upwards.
Now the level that was support around 1.3100 has become a potential level of resistance to the current up-move. Failure to close above 1.3100, and more importantly, above 1.3170, will send this market sideways or downwards to test the new support level (S1 on the chart), and perhaps much lower.
On the upside, a break above 1.3170 would likely send this currency pair upwards to test the declining 200SMA and down-sloping trend line. A near-term test towards the recent low of 1.2885 is at least a possibility within the next several days.
2009
STOCK MARKET: SEARCHING FOR "TRADING" OPPORTUNITY
Filed Under (Finance Help) by Admin on 23-04-2009
There are many ways to find opportunity in the market. The most common technical methods are:
Search the market using a technical scan.
Use stock selections identified by other sources, including brokerages, magazines, newspapers and other media. These are a starting point and provide a small group of pre-selected stocks which are subjected to further technical analysis.
Do an eyeball search of the market. This means looking at the chart of many stocks and identifying those that show strong trends, breakouts or chart patterns.