I noticed that everytime the FOMC threatens with a rate hike, oil price will dip....I suspect that this could be another forward-looking nature of the mkt. Oil stockists are too nervous abt buying up oil for reselling because they are afraid that if the rate should hike, demands for oil will slow down, causing unsold inventories.

A slowing demand in turn, causes prices to dip.

Good morning, AV,...

Okay,...so our observation tells us that traders are doing the stockpiling. I'm a bit careful of Goldman's calls though,..tq for the input.

Away for next few days,... enjoy the mkts.

Night party starting yeah ??

Okay, just wanted to share something here,... heard last week from one of my pals that Indonesia has, something like.. applied to join OPEC. And Indonesia's oil export will be added into OPEC's production volume,...

So,.. we will know the outcome of whether hike or not by 2am Dec 20, Msian time.

Looks like the period now creates no opportunities for traders to make money - too dangerous. And it has been so in the last 2 months.

Don't you guys think it's still more worthy in being yield investors ?

[quote=mikehwy,Dec 23 2015, 01:55 AM]
do u mean bonds, sovereign debts?

[/quote

Hi MIke,...not only limited to bonds and sovereign debts, but across the board for stable and resilient yield instruments, eg yield stocks, REITs, high-yield bonds,...

....a sign that the price of oil is nearing the bottom,...the market does not know how to price them anymore,....

Mike,...right ! At my end,... since I have continuous cash coming in from my investments in the form of coupon payouts, divdiends, etc,... I'll just fall on these for my rainy days.

Tq Mike, for the encouraging compliments,... I do feel the challenges too : have funds coming-in continuously now but don't really know where to put. And holding cash also depreciates purchasing power.

Read an article yesterday from The Business Times - said that 2015 is the worst year ever in history for all the basic three asset classes - equities, bonds and cash.

Happy New Year to all forummers,.. all the best for 2016.

Dow, Nasdaq and S&P500 Futures are all red now. High chance for the SG mkt to dip again tomorrow...

Yes, and sure enough, as predicted,.... the STI dipped badly again today !

But don't top-up yet,....some strong supports have been broken by STI30 counters. More to drop,.....

Back to my earlier words : steady, steady,.......

2008/09 is back,...........steady, steady,....get your bullets ready.

I'm getting the feeling that, perhaps,... China is purposely doing all those things to the world to 'go against' the Fed hike,... look at it, the moment the Feds increases the Fed funds rate, the big crash in China cam along,... is it really such a coincidence ?

Then the PBOC had to devalue its currency, pulling the whole world currencies down with it,... again diverging from the Feds. Is China trying to show the world that she is the one who is really in control of the world economy, and that with the world experiencing a recession, the US really have no chance at all to be strong economically.

The final result may be,... the Feds have to reverse the interest rate again,... so hoped China,....

I have given up watching CNBC and Bloomberg at night,... this year, it has all been 'market selloff' seen on screen when I stayed-up. I am begiining to think that it will continue to be so moving forward. But for how long ???

Hi Mike,... actually if China can recover, I think there will be impetus for country GDPs to recover, and oil could still be at lows. Low oil is actually good for stimulating growths.

I suppose the people who are meant by 'the consumers here' are the employees of those companies who have enjoyed higher profit margin. These 'consumer' should have higher disposable income by now. But I keep hearing in Malaysia : barang naik tapi gaji tak naik. Or does it again need time for such benefits to trickle down to the employees ?

Commodity pricings have been dropping for a year already.

Hmm,... oil is just itching to reverse direction,... and US indices are following,... making me nervous about this. SGX experts are also itching to reverse direction, sentiment-wise,...

IS THE MARKET TURNING AROUND INTO POSITIVE DIRECTION ? The mkt has not fallen enough for me to buy-in,....

Reallllyyyy,.........sanctions have been lifted from Iran, and more barrels are pouring into the mkt,... Then what happened ?? Oil price is RISING ??????

If I ever buy AAPL, I will just hold on to it and not expend my bullets paying brokerage fees.

...and with it, the MYR shooting back above 4.35 to 1 USD,.....