haaa...for some tools still need the magic of rig tongs, make up/break out bit, handle BHA n etc...

will there be another mega merger / buy out soon??

anyway, i think i will wait the value up more than $35 before selling it...keep finger crossed!

I'm in 105.56. Job done. 

seeing some short-covering on EURUSD once Europe opened.
less than 2 hours to announcement.

KUALA LUMPUR (Jan 22): The ringgit is likely to drop further against the US dollar (USD), if the Euro were to fall sharply following the European Central Bank (ECB)’s upcoming decision on quantitative easing (QE), according to a report by AmBank FX Research.

The research firm said a QE in the Eurozone is expected to generate huge swells and volatile shifts in sentiment, and that every one percentage point drop in the Euro’s value against USD is also likely to cause a 0.44 percentage point drop in ringgit’s value against the greenback.

The impact of the ECB’s policies will reach beyond the shore of Euro, including Asian currencies.

Based on AmBank FX’s regression analysis, the Korean won is likely to be least affected, followed by the Taiwanese Dollar.

“The PHP, THB and Singapore Dollar (SGD) will likely be most vulnerable to Euro’s depreciation,” it said.

For every one percentage point drop in Euro, AmBank FX said the PHP will likely fall by 0.61 percentage points against the USD, while the THB is expected to fall 0.6 percentage points and the SGD, 0.51 percentage points against the greenback.

“This is a reflection of the trade relationship that Europe is an exceedingly important market for Asia, if not on par with the US,” it added.
http://www.theedgemarkets.com/my/article/r...ng-ecb-decision

wouldn't surprise if it "rallies" to 3.9-4.0 by end of 2015.

200 coming....Icahn wish. 

Apple Inc reports first-quarter results on Tuesday. Apple is expected to report one of its strongest quarters ever, helped by strong unit sales of its big-screened iPhone 6 and 6 Plus. The new iPhones are helping Apple chip away at Samsung Electronics' dominant position in its home turf of South Korea, according to a monthly report released by Hong Kong-based market research company Counterpoint. November was the first full month that the larger-screen iPhones were sold in the country. Some analysts speculate that Apple, which gets more than half its revenue from outside the United States, will feel the weight of a surging dollar on its results.
http://www.reuters.com/article/2015/01/23/...N0V25CM20150123

The U.S. Economy Is Strong, But Is It Strong Enough to Power the World? Davos is Worried

The world’s largest economy is one of the few global hotspots as Europe seeks to avoid deflation, China slows and falling commodity prices hurt countries such as Brazil and Canada.
http://www.bloomberg.com/news/2015-01-25/u...ower-world.html

China slows....but 7.4% woh! Not so slow leh. 

Crude price is still low and hovering around 46 (WTI) to 49(Brent). It did spiked up briefly two days ago after Saudi King dies..
but that rally faded.

However, Oil companies stocks are diverging a bit from the Crude here. XLE low 70'ish (nice support area),
now trying testing resistance at 77-79 area. If it can break that 50ma, we can see more rally. 

Those holding AAPL into earnings must have steel bola, salute*

if it needs a floor, better go there faster, so that the process of stabilizing can start to do their job. 

The bears are teasing us again.. will it bring SP500 to 1972 and whack it further to 1950? 
2000 is the support line to cross tomorrow.

Already 3 big sell off in January.. it looks like a topping pattern for the month here.. doesn't it?

we need a good trigger for stabilization signal, just like what happened when it touch $50, first round of stabilization already happened in past 2 weeks. But more such process is needed before the REAL THING finally comes. So $40 is essential to come as news flow still prefer negative category now. if we go $35 or even close to $30, the 2nd round (or will that be the final round?) stabilization process should be triggered. After that, i guess a long stabilization process (6-12 months?) will be triggered. Just my thoughts. 

XLE still holding support.. bounce back above 74. 

Crude settles up 8% at $48.24, best day since June 2012
Crude oil settled up 8 percent, or $3.71, at $48.24 on Friday, its best day since June 2012, after data showed U.S. drillers were slamming the brakes on the shale drilling boom.

http://www.cnbc.com/id/102382559

looking at 1925 

Global oil funds get more bang for bucks—in health care

A recent study by the Sovereign Wealth Fund Institute sheds some light on how these funds are sinking a lot of money into different assets and regions. According to the organization's data, SWFs have developed a particularly voracious appetite for health care over the last decade, spending more than $26 billion on the sector since 2003.

Of that amount, SWFs—primarily those based in Asia—have spent $17.4 billion on pharmaceuticals, and over $4 billion more on investments in health-care providers.

http://www.cnbc.com/id/102381840