WOW, it is unbelievable what I saw just now in the Asian stock markets…The HK Hang Seng Index sank 12.7%, closing at a multi-year low of 11,015. Also, the Nikkei went down 6.4% to 26-year low of 7162 points. Although this is a really depressing day for many people, I am starting to believe there [...]
Posts Tagged ‘housing’
Total Worldwide Market Collapse – Myth Or Reality?
Posted in General, tagged asian markets, bailout, crisis, elections, government, hang seng, housing, interest rates, nikkei, oil, subprime on October 27, 2008 | Leave a Comment »
Go SHORT!
Posted in Stock Picks, tagged amd, apple, biodiesel, building, competitive, energy, environment, fastenal, gushan, housing, innovative, intel, iphone, ipod, short on April 8, 2008 | Leave a Comment »
AMD – Advanced Micro Devices Inc.
It seems that AMD had lost ground and can no longer remain competitive with Intel. In the beginning of 2008, AMD was trying to turn around, but failed. Also, AMD just announced that it will cut its total workforce by 10% and its revenue will also decline by 15% from last quarter. They are getting [...]
US Economy Loses Ground
Posted in General, tagged cheap, citigroup, consumer spending, decline, down, Economy, goldman sachs, housing, intel, loss, market, recession, retail, shaky, subprime, uncertainty, us, volatility on January 16, 2008 | Leave a Comment »
The whole market is down at the moment. It is not just individual stocks, it is the whole market. As mentioned last week, Goldman Sachs sees US recession in 2008. The root cause of this is the Subprime Crisis in summer 2007, which leads to the housing downturn. This had indirectly affected most of the [...]
Another Bad Day on the Stock Market
Posted in General, tagged cheap, countrywide, credit, etrade, housing, market, recover, short, subprime, weak currency on January 8, 2008 | Leave a Comment »
Lately the stock market is not doing too well. The US economy is struggling due to its weak currency, housing woes, and subprime credit problems. Many of the stocks lost a lot of value and they became very cheap right now. If you think about it, now it may be better to go short rather of [...]
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