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Saturday, September 11, 2010

World Market Weekly Summary

Market just cannot drop. Most probably too much money chasing for yield. My speculation is that US banks are not lending because the economy still sucks. So, to continue making money to pay off their losses, most probably they are speculating the market. What say you?
World Monthly Weekly Daily
S&P500 Neutral Neutral Neutral
DJI Neutral Up (+) Neutral
NasdaqComp Down Neutral (+) Neutral
Nikkei 225 Down Down Neutral
Kospi Up Up Up
SSECI Down Neutral Up
HSI Up Up (+) Up (+)
TWII Up Up Up (+)
STI Up Up Up
JKSE Up Up Up
SENSEX Up Up Up
AORD Down Neutral Up
NZX50 Neutral (+) Neutral Up
FTSE Neutral Up Up
DAX Up Up (+) Up (+)
RTSI Up Up Up
Bovespa Up Up Up

1 comment:

Mr. Ongmali said...

I have a comment on this situation_most investors myself included have given up investing in the stock market medium to long-term.Too many times losing big capital to invest in the stock market. So, we become short-term traders and speculate instead of invest.That is why money is pulled out yet the market is going higher.
Since this is speculative capital, just beware the situation can change dramatically either way w/o much sense.