2007年 道指, 納指, 標普指數綜論

Yes, after I checked the list 3 times I realize that IBM is indeed in the DOW 30.
My sincerest apology to Arthur.

But IBM and GM are not the stocks to pull DJIA to recovery, it's the finance stocks.
And, I do not believe its any kind of manupilation by any heavy-weighted stocks, its more of hedge funds buying back heavily-beaten up finance stocks since their prices are much lower now.

and peterpan, I heard you.

IBM is the most heavy-weighted stock in Dow 30, but its down 1.38% for the day, can you tell me how the top 5 most heavily-weighted stock in DJIF move the index?

IMB       109.69 - 1.38%
BOEING   92.74 -  2.90%
3M COMPANY 85.40 + 0.40%
EXXON MOBIL 80.67 - 1.25%
CATERPILLAR INC 73.00 - 2.60%
  
and peterpan, would you care to comment about the US stock market?  What's your take on the wild turn-around today, have we hit the bottom, or will we see new lows?  Would you care to enlighten us?

[ 本帖最後由 swana 於 17-8-2007 08:42 編輯 ]

Fed considered action to stem credit crisis

AP Aug. 28, 2007

WASHINGTON - Federal Reserve policymakers meeting in early August acknowledged that they might have to take action to ease a growing credit crunch, even as they held out hope for “a return to more normal market conditions” without any intervention.

A cut in one interest rate (discount rate) came 10 days later, and analysts are expecting a broader rate cut when Chairman Ben Bernanke and his Fed colleagues meet in September.

Bernanke and his central bank colleagues “expected a return to more normal market conditions,” but they recognized that might not be the case.

“A further deterioration in financial conditions could not be ruled out, and to the extent such a development could have an adverse effect on growth prospects, might require a policy response,” the minutes stated. The minutes didn’t say what that response might entail.

“Policymakers would need to watch the situation carefully,” the minutes stated.

Economists and investors believe the odds are rising that the Fed will move to lower its key interest rate now at 5.25 percent by at least one-quarter percentage point on or before Sept. 18, its next regularly scheduled meeting. A reduction to the funds rate would mean lower interest rates for millions of consumers and businesses.

This is the main reason behind today's rally.
減息勢在必行, 9.18 吾減, 聯儲局承受不起股市再大跌的責任,
remember, 美股不像港股在一星期內收復失地,
DJIA 今天收市仍有 700 點累積跌幅, 約 5%,

減息當然可以舒緩樓市信貸危機,
what are you talking about?
股市比經濟通常先行 6 個月, Wall Street is always ahead of Main Street,
因減息效應通常滯後 6 個月, 若要看到真正經濟衰退才減息已經太遲,

我對王教授的意見已經講過, 不再覆述。
DOW JONES INDUSTRIAL AVERAGE IN (DJI:^DJI)   

Index Value: 13,357.74
Trade Time: 4:04PM ET Aug 31, 2007
Change: + 119.01 (0.90%)
Prev Close: 13,238.73
Open: 13,240.84
Day's Range: 13,240.84 - 13,428.95
52wk Range: 11,423.60 - 14,121.00

[ 本帖最後由 swana 於 5-9-2007 07:26 編輯 ]

Wall St Week Ahead: Anxiety remains even after stock rebound

NEW YORK, Aug 31 (Reuters) - U.S. stock markets ended one of the most volatile months in years on an impressive note, but this coming week still won't be any easier for investors as the employment report and housing turmoil remain high on radar screens.

Federal Reserve Chairman Ben Bernanke acknowledged on Friday the problems in subprime lending and reiterated that the central bank will take the necessary steps to shelter the economy from turmoil in financial markets.

But he warned "it is not the responsibility of the Federal Reserve -- nor would it be appropriate -- to protect lenders and investors from the consequences of their financial decisions."

Investors, returning from the Labor Day holiday will be watching closely for any further deterioration in the housing and consumer markets.

"September is turning out to be a critically important month for the markets," said Keith Wirtz, president and chief investment officer at Fifth Third Asset Management.

"It could be an inflection point because that's when we'll get companies pre-announcing how they are performing in the third quarter and what they see for the remainder of the year."
DOW JONES INDUSTRIAL AVERAGE IN (DJI:^DJI)   

Index Value: 13,305.47
Trade Time: 4:05PM ET
Change: - 143.39 (1.07%)
Prev Close: 13,448.86
Open: 13,442.85
Day's Range: 13,248.24 - 13,443.17
52wk Range: 11,423.60 - 14,121.00

[ 本帖最後由 swana 於 7-9-2007 08:00 編輯 ]
50 mins before market open:
DJ future +5
Yen 115.26

[ 本帖最後由 swana 於 6-9-2007 20:41 編輯 ]
Since HKreporter.com is a famous board now, I have to make sure everything runs well.  Besides I have to watch the HK market at night and US market at opening since I invest in both.
DOW JONES INDUSTRIAL AVERAGE IN (DJI:^DJI)   

Index Value: 13,363.35
Trade Time: 4:05PM ET Sept 6, 2007
Change: + 57.88 (0.44%)
Prev Close: 13,305.47
Open: 13,306.44
Day's Range: 13,274.82 - 13,398.71
52wk Range: 11,517.50 - 14,121.00

[ 本帖最後由 swana 於 8-9-2007 04:17 編輯 ]