record inventory is still building; increase is lower than expected.

http://www.cnbc.com/id/102629238

the market has already priced in all the bad news, incl expected inventories and buildup.

so, if incr for the week or month is lower than estimate, markets will react to push price up. the price will dive if incr is more than estimates.

don't forget some of those oil and energy stocks has lost 60% of their peak value, not unlike oil price itself.

as for where to store the oil, i read a few things. yes, lots of floaters, tankers, depots now pretty full.... but...there seems to be ample "emergency capacity" in those tanks (engineers call that safety factor) that can be used. plus, there are still many tankers out there ready to be chartered for storage, a matter of price. story may go a year but not more than that, i would think. nobody's panicking!

won't see much movement for next hr or so.

all waiting for yellen coming out a hawk or dove.

fed statement just issued:

not much to read... +ve for markets, i think....

http://www.cnbc.com/id/102632303

This post has been edited by AVFAN: Apr 30 2015, 02:20 AM

may recover to turn positive by closing.

my watchlist today some green, some red.... a wash...

these "old world" stocks...

remember i mentioned gpro and amba?

one's up 13%, the other 5% today.

nasdaq high betas...

djia futures -3x
europe up.
weak $
oil up.
rm 3.563.

i see djia flat or up.

may be last chance to buy something with rm for some time.

nasi lemak ready!

This post has been edited by AVFAN: Apr 30 2015, 07:27 PM

sea of red...!!

ya, crazy...

aapl, ibb... bad.

only bright spot is oil.

managed to sell my amba at session high. 3rd time in 3 months, 5-6% net profit each, happy.

gotta to lay back n watch

yes, watch xle a bit..

it is not as sensitive to crude price as the oil etf's; may not benefit as much from the current crude price rally.

crude at 59.50, oih is up 2.3% in the middle of a nasdaq carnage!

This post has been edited by AVFAN: May 1 2015, 02:04 AM

oil prices, djia, s&p500 now back to dec 2014 levels.

if u made good money during this period, well done!

nasi lemak...

futures +ve, oil steady.

think can get pizza tonight.

yes.

usa does not celebrate labor or workers' day.

This post has been edited by AVFAN: May 1 2015, 07:32 PM

recovery in rollercoaster mode.


i thought below is a little interesting. no, i will not sell!

ok, session high, all counters green.

can sleep... gudnite!

ya, woke up to see nice finish.

i m bullish overall.

so, no selling, no going away.

what us energy funds are u refering to?
oil stocks like xom, enegry etf's like xle or oil etf's like oih?


ya, try interactive brokers. seems popular.
i just applied, approved within 3 days.
for trading purposes since brokerage is low.
how good, i dunno yet. others can comment.

read:
https://forum.lowyat.net/topic/3396549/+100
https://www.interactivebrokers.com.hk/en/home.php

europe up.
oil up.
futures up.

nice!


well... rm looking an implied down tmrw after holidays, 3.5977.
http://www.bloomberg.com/markets/currencies/asia-pacific/

my watchlist mostly 0.5% up.

and i was just thinking...

if i trade in IB with only 10K, intraday 0.5% = $50 profit.

ok or not?

local brokerages, cannot trade, too costly.
0.75%? my cimb incl misc n gst is now 0.59% one way x2 =1.2%.
give up!
that's why i'm going interactive brokers (IB).

yep, for my trades, it'll be $1 per trade, mostly.

at cimb, i tt'ed to ib this morning at 3.6310.
think it's even higher now.
but i think tt rates are a touch higher than money changer or normal bank rates...?

usd rally may not be over:
http://www.cnbc.com/id/102647829?trknav=homestack:topnews:3