ya, disappointed. 

Oil Warning: The Crash Could Be the Worst in More Than 45 Years
http://www.bloomberg.com/news/articles/201...e-than-45-years

consumer spending looking good overall in this quarter report. jobs data good. housing numbers good. banks stable. looks like sept rate hike unavoidable. wondering how market will react to it, it's getting close as Oct is coming. 

actually i still don't get it, why everyone saying strong usd leads oil lower? please teach me. 

When usd is strong, people don't want to buy oil because it's more expensive. Therefore oil sales for cheaper price to attract buyers back? Is this the reason why?

This case, how can dollar affect so much on commodities? 

sgd is the world best currency, better than usd. sgd is the new gold, if anyone worry on usd, buy sgd.  so gold can come back to 800 or 600. 

SGD is stronger that AUD now.... 

DONOT keep SGD cash - too low intrst rates.

what trading account do you guys use to buy US stocks? which has a lower rate ?

44 coming
2050 coming
800 coming

I thnk it is impt for him to know that if he intends to open a brokerage acct overseas, he must really be prepared with ALL documntations and information in-hand before he buys a ticket to fly there.

And for those who intend to have a brokerage account overseas, please open a bank account there too. ENSURE you can opn a bank acct there. You can then move your funds back and forth between your brokerage cash account and your bank savings account. And if you're an income investor, you can move whatever your remaining dividend from your brokerage cash acct into your bank savings account, then use your foreign bank ATM Card to withdraw the funds from a Msian ATM. Saves you a lot on the wire transfer charges.

The net-long position in West Texas Intermediate contracted 28 percent in the seven days ended July 21, U.S. Commodity Futures Trading Commission data show. Long positions dropped to a two-year low while short holdings climbed 25 percent.
http://www.bloomberg.com/news/articles/201...as-glut-expands

ya, bear bear everywhere....

look at the oil...coming to 47 soon?

took profit on my shorts. Hard to predict the bear will be strong or weak. 

Not touching oil now but SP500 once again at the 200ma.  Time to load up again.. 
Anyway, this morning gotta to watch China market ... this thing is getting pummeled back to 3500.
If drop below... I think we can see 3000, then bam.. 2500 -  this will be back to beginning before the ran up last year as if nothing has happened. 

Just a bit only.. from last week. let see if this time can break above 42 or not.
Last time, I cabut a bit early.. but also lucky because china bulls (the govt) can turn it around anytime. 

Analyst Who Predicted Bottom for Shanghai Stocks Sees Further 14% Plunge
http://www.bloomberg.com/news/articles/201...-1929-u-s-crash

Huh! been away for awhile and back to my screen now. seeing loads of sheets of dirt cheap stuff. the prices are getting a bit alien to me atm as i have not seen these low prices for a while. my watchlist s are bleeding.

"You can try to stabilise the ringgit, but ultimately I don't think it can stand the correction," said Chua Hak Bin, Singapore-based head of emerging Asia economics at Bank of America Merrill Lynch. "The ringgit will have to adjust to whatever new equilibrium... we are forecasting the ringgit to weaken to 3.86 by end-2015 and 4.05 by end-2016 against the dollar."
http://uk.reuters.com/article/2015/07/27/m...N1042T820150727

SP500 ultra Vix short. 

stick to those you familiar. 

very nice today bull, "lucky" i sold all my shorts yesterday. 

-“Near term, crude is declining within an extremely steep channel. The market is so weak that the latest bounce couldn’t even make it to channel resistance. 44.60 (close of the 3/18 low day) is a level that could end up providing support for a bounce.” The low for the move so far is 46.66 (close of the low week in March is 46.44). Crude made an outside reversal day today (7/28) at a 17 year trendline today as well. This is a good way (outside reversal) and place (trendline) to form some kind of low.
http://www.dailyfx.com/forex/technical/ell...tWaves_oil.html

One Simple Chart That Shows the Problem Facing Big Oil
http://www.bloomberg.com/news/articles/201...-facing-big-oil

I think we can start averaging down already for this commodity. Don't pour in the whole bucket yet, but start to buy in slowly. My TA,...