Owner: Jeflin's Investment Blog URL:http://jeflin.net Join Date: Wed, 17 Sep 2008 05:01:56 -0500 Rating:0 Site Description: Welcome to jeflin.net. Here I share my thoughts about the stock and property market and I will like to encourage discussions about my analysis from readers.
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Will Wall Street Learn From Lehman Brothers Bankruptcy? 2008-09-16 20:49:56 After the US government put out a forest fire with the takeover of Freddie Mac and Fannie Mae last week, Wall Street
’s troubles were far from over. As they say, when you see a rat in the house, you can bet there are hundred more rats lurking in the dark corners. Slowly but surely, they [...] Read more:Lehman
, Brothers
Stark Naked Fear In Stock Markets 2008-09-11 11:08:09 On Monday, we had a fantastic stock market rally after the US Treasury engineered a takeover of troubled mortgage giants Fannie Mae and Freddie Mac. Regardless of it being the costliest bailout in US financial history, investors’ confidence were restored… for a while.
Suckers, er, investors rushed into the stock market again, picking up oversold stocks as [...] Read more:Stark
, Stock
, Markets
, Stock Markets
Free Cash Flow: Lifeblood of Corporations 2008-09-08 08:14:05 Before you invest heavily in stocks, you should really pore over the cash flow statement. I regard it as the bible, more important than the balance sheet or profit/loss statement.
Emphasizing on earnings alone is ill-advised as devious managements can window-dress results using accounting gimmicks. Cash flow is harder to fake and following the trail of [...]
11 Bank Failures In 2008 And Counting 2008-09-05 23:37:31 Mortgage-related troubles continue to haunt regional banks. The melt down of the housing market has created a self-reinforcing spiral where lower prices lead to more defaults and unsold inventory, which in turn causes prices to slide further and depress demand because investors shy away from throwing good money after bad.
Toxic assets in banks will continue [...] Read more:Counting
Plunge In Oil Prices Claims Another Major Casualty 2008-09-03 19:13:59 The US dollar, inspired largely by plunging oil prices and growing pessimism over the economic health of the EU and the U.K, is going gangbusters of late. It traded at $1.4455 Wednesday, a seven-month high against the euro.
On the other hand, oil prices continue downwards to $107.48 a barrel, as Hurricane Gustav’s path of destruction was [...] Read more:Prices
, Major
, Casualty
, Oil Prices
Winner of My Second Contest 2008-09-02 09:20:26 I am a bit late in posting my August contest winner. Sorry about that as I have been rather busy.
After a random pick, here is the winner: Seven To Ten. This blog features miscellaneous posts ranging from the environment, finance, credit cards, make money, affiliate marketing and some paid posts too. There are some interesting content, [...] Read more:Second
, Contest
Momentum Trading On US Assets 2008-08-31 04:59:00 Wall Street suffered a bloody nose on Friday but investors can seek solace that US assets are looking attractive. Certain events confirmed that hot funds are plumping for US assets and some momentum trading is underway. In a volatile investment climate, the most dangerous place may actually turn out to be the safest.
Firstly, the US [...] Read more:Trading
, Assets
Hurricane Gustav Brings Cheers To Oil Market 2008-08-28 09:33:55 Hurricane Gustav is set to bring cheers to the battered oil and commodities market as it heads towards the Gulf of Mexico. Oil prices briefly touched $119.63 per barrel on the New York Mercantile Exchange before falling back to $118.15 a barrel Wednesday.
What is the possible extent of damage from Hurricane Gustav? In 2005, Hurricane [...] Read more:Cheers
, Market
Inflating Earnings By Capitalizing Expenses 2008-08-25 09:17:09 In real life, expenses are pretty straightforward. Anything which constitutes an outflow of money to pay for a product or service is deemed as an expense. For accounting students, an expense is recorded when an asset is used up and a liability recorded. Simple, right?
However, there are instances when you struggle to answer this question: [...] Read more:Earnings
, Expenses
To Sell Or Hold Blue Chips In A Bear Market? 2008-08-21 10:40:04 The global economy is headed for a recession and the stock market decline is well underway - investors will not touch stocks with a barge pole. I do not foresee a stock market crash for SGX nor embattled Wall Street, but it is certainly a period of financial destruction if we are not careful.
At this [...] Read more:Market
, Chips
Great Depression Is Good For Stock Investors 2008-10-02 19:56:05 The $700 billion bailout cleared the Senate hurdle Thursday, together with a bill for tax cuts of more than $100 billion which included a variety of alternative energy credits and dozens of breaks for businesses and individuals.
Senate approved the legislation on a 74-25 vote which empowered the Treasury Department to buy troubled assets, mainly mortgage- [...] Read more:Great
, Stock
, Investors
An Excellent Time To Pick Up The Broken Pieces 2008-09-26 21:58:21 For some time now, weekends spell a period of trepidation for investors as the Pandora’s box is opened. Bizarre announcements of historical takeovers, bankruptcies and government interventions left investors grabbing for straws in a cesspool when trading resumed on Mondays.
So far, Fannie Mae and Freddie Mac had being seized, Lehman Brothers collapsed, Merrill Lynch was [...] Read more:Broken
Investors Uncertain As Bailout Plan Stalled In Midtrack 2008-09-24 10:11:52 Since Monday, the "Paulson Plan" has been thrust into intense debates at Senate hearings as Democrats and Republicans unite in their dislike of this mind-numbing $700 billion bailout of the nation's financial system. I find such actions amusing, if not hypocritical. Read more:Investors
, Uncertain
Stock Market Bolstered By Bailouts 2008-09-19 23:47:15 In the past week, we have venerable investment banks Lehman Brothers folding and Merrill Lynch merging with Bank of America, leaving Goldman Sachs and Morgan Stanley as the remaining bastions of independents on Wall Street.
Next, the Federal Reserve announced a $85 billion loan to insurance giant, AIG, allowing them breathing space to liquidate assets in [...] Read more:Stock
, Market
, Stock Market
Prudence Is The Way To Go 2008-10-16 20:01:46 The financial storm continues, albeit with less ferocity as compared to last week (eight consecutive sessions of losses). It is still a roller-coaster ride, so don’t plunge in and exhaust all your resources just yet.
1. UK government pumped £37bn into Royal Bank of Scotland, Lloyds TSB and HBOS.
2. Citigroup reports $2.8 billion loss.
3. Merrill Lynch [...]
Are You Rattled By The Stock Market Crash? 2008-10-11 03:11:59 On Friday, Dow Jones tumbled 128 points, while S&P 500 slid 1.2%, making it the eighth consecutive session of losses. For this week alone, the Dow fell 18%, its worst weekly decline on both a point and percentage basis.
A whooping $2.4 trillion in market value was wiped off on Wall Street and many investors were [...] Read more:Stock
, Market
Worst Stock Market Crash Since 1937 2008-10-07 20:48:33 This is not the time to write lengthy posts after the carnage we have witnessed in global stock markets. I believe nobody is in the mood to read market analysis. A picture speaks a thousand words. Just look at this web of deceit, er, leverage that has caused Dow Jones, S&P 500 to post worst [...] Read more:Stock
, Market
Spend Our Way Out Of Recession 2008-11-13 07:21:26 Recession, recession, everywhere we turn, we are faced with this dreaded word. For those who are still shy to utter recession, let's not kid ourselves anymore. The earlier we face up to the truth, the faster we are on the road to economic recovery. Read more:Recession
Merrill Lynch Pigs About Mortgages 2008-11-10 19:57:28 Merrill Lynch
, as a revered investment bank, don't know what the f*ck they are doing with mortgages, yet they go around advising clients and selling mortgage based securities. What chance do retail investors have when their trusted adviser is flying blind in its pursuit of profits? Read more:Merrill
, Merrill Lynch
No Honeymoon For President-Elect Barack Obama 2008-11-06 09:59:16 Change has indeed come to America and I am glad that Obama
, a bright, eager, charismatic and progressive African-American has ascended to the White House on a record wave of voters' turnout. After the dizzying celebrations of a defining moment where a gigantic racial barrier was overcome, it is time to get back to reality though. Read more:Honeymoon
, President
, Elect
, Barack
A Ray of Hope For Stock Investors 2008-11-02 00:57:20 Red October, one of the worst month in Wall Street history, ended on a sweet note on Friday as stocks rallied to cap a week of impressive gains. For the week, the Dow Jones was up 10.1%, S&P 500 was up 9.5% and the Nasdaq had gained 9.8%. There are storm clouds gathering but at the moment, investors are caught up in the euphoria and unmoved by grim economic indicators. Read more:Stock
, Investors
Flush DBS High Notes 5 Down The Drain 2008-10-29 14:29:55 After a prolonged wait for embattled investors who bought into Lehman linked products, their worst fears have been confirmed. Read more:Notes
Global Stock Markets Pricing In Recession 2008-10-24 21:34:22 Stock markets are now entering a period of painful decline as countries around the world face up to the prospect of recession. While interbank lending has eased tentatively as central banks' measures to inject cash loans to banks unblocked the credit crunch, investors have little time to absorb the good news. Read more:Recession
, Stock
, Global
, Markets
, Pricing
Invest Only What You Can Afford To Lose 2008-11-28 18:24:15 very day we open up the newspapers, we are hit by depressing news - what with retrenchments (DBS axes 900, NOL ships out 1000, Citigroup eliminates 52000 worldwide, etc) and pay cuts (Temasek staff and Cabinet ministers). Taken together, the "contributions" from DBS and NOL are close to surpassing the retrenchment figures for third quarter.
One Way Traffic: Dow Plunges Below 8000 2008-11-19 19:57:17 It is one way traffic: Dow Jones plunged below 8000, a first since 2003. There was a bear rally on Tuesday but it is a folly to be tempted by profits in all these technical rebounds. For those who are drawn in and end up selling in a panic, you risk doubling your losses. Read more:Below