Monday, 9 April 2012

Payroll is dissapointing, but FED shows cleverness in releasing on Holiday!

Dear Friends,

Last Friday's Non farm payroll report is a huge disappointment, the U.S. economy created only 120,000 jobs in March, well below market expectations of 210,000.

Friday is a holiday. Now I finally know why Labour department released the Employment figures on Friday, which is a holiday. This is the first time to my memory that an important Employment Report is released on a non trading day. They probably already know that we would miss the expectations figure. In my view, this is a CLEVER TACTIC! It proves FED really knows the wall street. 

If they released the figures on a trading day, I think DOW will be crushed, because of the surprise shortfall after so many months of positive Employment data.

Now after the long weekend, after allowing time for Wall Street to sink in the news, I think the impact is not that great. Let us see how Europe and Wall Street opens today. Market will fall, no doubt, but perhaps not as panic now.

In wall street, some might even think, since Job figures aren't good, QE3 is a great possibility now. This is certainly how Investment Guru Prof Chan Yan Chong thinks when he came to Singapore to share his investment predictions.

For me, I will be extra careful in April after the terrible Jobs report. I would keep track of Market Sentiment to see if Market turns Bearish. However like I said, this is US earnings season time, starting on Tuesday, Alcoa will be releasing its earnings. So there will still be opportunities for a lot of companies in April.

Just that we need to be extra cautious this month.

Rgds
Daniel

--------------------------------------------------------------------

Btw we will be holding a Prof Chan Yan Chong's teachings revision on Thu, 19 Apr 2012 (English) and Fri, 20 Apr 2012 (Chinese). We welcome all to Join us in the revision.  HURRY!  First come first served!



"Prof Chan Yan Chong revision" workshop
 <<曾渊昌博士投资复习班>>  

Topic:  1) Prof Chan views on QE3
           2) How the economy will function in 2012
           3) What is the risk of STI or Dow Jones now?
           4) How is the Europe and China situation going to affect the Stock Market?

Date:
Thu, 19 Apr 2012 (English) and Fri, 20 Apr 2012 (Chinese).
Time: 7pm - 10pm
Session: English & Chinese
Speaker: Mr Daniel Loh (Student of Prof Chan),  not Prof Chan Yan Chong himself

Venue: 141 cecil street, Tung Ann Association Building
            #07-02 S(069541),
            Tanjong Pagar MRT exit G, walk straight 80m, opp traffic light


 
To register pls click  here 
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
 



Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...