3 June 2011

Let's today be the Rock n Roll Friday!~
Money will flow to our pocket today ....

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Let's celebrate!~ [You must be registered and logged in to see this image.]


Max n Net, Please come back.... [You must be registered and logged in to see this image.]

US jatuh lagi...

North and South American Indexes


IndexCountryChange% ChangeLevelLast Update

[You must be registered and logged in to see this image.]	Dow Jones Industrial Average	United States	-41.59	-0.34%	12,248.55	4:30pm ET
	S&P 500 Index	United States	-1.61	-0.12%	1,312.94	4:32pm ET
	Brazil Bovespa Stock Index	Brazil	-402.00	-0.62%	64,218.08	4:19pm ET
	Canada S&P/TSX 60	Canada	+1.33	+0.17%	772.00	4:34pm ET
	Santiago Index IPSA	Chile	+22.36	+0.46%	4,870.58	4:36pm ET
	IPC	Mexico	+5.74	+0.02%	35,416.25	4:07pm ET

NEW YORK (CNNMoney) -- U.S. stocks closed mostly lower on Thursday, with the Dow and S&P falling for a second day in a row, as fears about the economy and concerns about consumer spending weighed on investors' minds.

The Dow Jones industrial average (INDU) fell 42 points, or 0.3%, to end at 12,249, with Wal-Mart (WMT, Fortune 500) and Chevron (CVX, Fortune 500) the biggest drags on the blue-chip index. At one point in the session, the Dow stumbled nearly 100 points



The S&P 500 (SPX) lost 2 points, or 0.1%, to 1,313; and the Nasdaq Composite (COMP) rose 4 points higher, or 0.2%.

Retail stocks pressured the broader market throughout the day, as major retail chains reported mostly disappointing same-store sales. Limited Brands (LTD, Fortune 500), Kohl's (KSS, Fortune 500) and Gap (GPS, Fortune 500) were among the worst performers on the S&P 500.
"Those are some pretty big names giving some disappointing numbers," said Frank Davis, senior equity trader with Wedbush Morgan Securities. "It adds to the already-heightened anxiety over the recent economic data."

Investors also remained sharply focused on the labor market.Weekly jobless claims stayed above the 400,000 level for the eighth straight week.
"Jobless claims have taken a lot more meaning over the last several weeks," said Mark Luschini, chief investment strategist at Janney Montgomery Scott.

The figure takes on even more importance in light of Wednesday's "shockingly weak" private sector jobs report, Luschini added. Both reports come ahead of the government's key monthly jobs report on Friday.
Economic 'malaise' takes root


A CNNMoney survey of 26 economists expect a total gain of 170,000 jobs, and a private sector gain of 190,000; with the unemployment rate edging down to 8.9%.
Signs of a stalling recovery have been building, with stocks delivering their worst monthly performance in May since August 2010. But all three indexes are still up for the year so, while the daily gyrations may give investors nausea, the trend is still higher.

Stocks fell sharply Wednesday, with the Dow and S&P 500 posting their steepest losses in nearly a year, following weak reports on jobs and manufacturing. A late downgrade on Greece's debt added to the rout.

Economy: The U.S. Commerce Department said April factory orders fell 1.2% -- slightly more than the 1% decline economists had expected.

Moody's said would consider downgrading the United States' AAA rating if Congress failed to act on the debt ceiling. 0:00 / 1:15 Education stocks get gold star
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Companies: Shares of the for-profit education stocks jumped, after the Department of Education issued its final rules that aim to halt federal aid to schools whose graduates cannot earn enough to repay their loans.

Shares of Corinthian Colleges (COCO) spiked 27%, while shares of Apollo Group (APOL, Fortune 500) rose 11% on the news. Bridgepoint Education's (BPI) stock added 3%.

Online coupon company Groupon filed for a $750 million initial public offering on Thursday. Groupon plans to trade under the symbol "GRPN."

In the financial sector, Goldman Sachs (GS, Fortune 500) shares slid more than 1% on reports that the Manhattan Attorney General's office is investigating the bank.

Currencies and commodities: The dollar fell 1% against the euro. The greenback was also lower versus the Japanese yen and the British pound.

Oil for July delivery closed up 11 cents to $100.40 a barrel. AAA reported Thursday morning that gas prices rose to $3.784 per gallon, following 20 consecutive decreases.
Gold futures for July delivery dropped $10.50 to $1,535.50 an ounce.
The sky is not falling - StockTwits



Bonds: The price on the 10-year U.S. Treasury fell, pushing the yield up to 3.03%. On Wednesday. the benchmark yield fell below 3% Wednesday for the first time since December.

World markets: Global markets fell sharply following Wall Street's deep losses on Wednesday, and as investors digested yet another downgrade on Greece debt.
Britain's FTSE 100 slid 1.4%, while the DAX in Germany and France's CAC 40 tumbled nearly 2%.
In Asia, the Shanghai Composite lost 1.4%, the Hang Seng in Hong Kong declined 1.6%, and Japan's Nikkei sank 1.7%.

Japan's market was under pressure amid domestic political turmoil. Japanese Prime Minister Naoto Kan survived a no-confidence vote in Parliament Thursday, by promising he will resign after the country's nuclear crisis is under control.

Good morning Davors and Phoenix... [You must be registered and logged in to see this image.]

morning sun..........
trading today?
my flu is gone can concentrate trading [You must be registered and logged in to see this image.]

phoenix wrote:morning sun..........
trading today?
my flu is gone can concentrate trading [You must be registered and logged in to see this image.]

afternoon bz so dont dare to go in...

you take good care of you health, double up your Vit-C, try Redoxon, its very good to fight flu..

sun wrote:

phoenix wrote:morning sun..........
trading today?
my flu is gone can concentrate trading [You must be registered and logged in to see this image.]

afternoon bz so dont dare to go in...

you take good care of you health, double up your Vit-C, try Redoxon, its very good to fight flu..

Redoxon? oh... Sun is very good @ supplement oh...

better dont trade... dont leave ur stock unattended!~

8888 wrote:

sun wrote:

phoenix wrote:morning sun..........
trading today?
my flu is gone can concentrate trading [You must be registered and logged in to see this image.]

afternoon bz so dont dare to go in...

you take good care of you health, double up your Vit-C, try Redoxon, its very good to fight flu..

Redoxon? oh... Sun is very good @ supplement oh...

hehe.. a bit health concious, takut mati [You must be registered and logged in to see this image.]

good morning Chandra and 8888

Didn't hear from Max sifu for 24 hours already, hope he is fine [You must be registered and logged in to see this image.]

Greetings to all.

Strength and growth come only through continuous effort and struggle...”

[You must be registered and logged in to see this image.] Napoleon Hill quote

yeah... hope he is fine... else this forum will be dead

sun wrote:good morning Chandra and 8888

Good Morning Sun and 8888. Trust today will be a fantastic day [You must be registered and logged in to see this image.]

i'll be away later .... u guys good luck!~

Chandra wrote:

sun wrote:good morning Chandra and 8888

Good Morning Sun and 8888. Trust today will be a fantastic day [You must be registered and logged in to see this image.]

yes, I believe so [You must be registered and logged in to see this image.]

Max is looking at this forum laaa i think... just not posting...

DRB gap 4 cent.... white and green gap oklah ... but now is like unsure what will happen later. another 15 mints to go..

Davors... hope u can sell ur mhb asap before the discount turn to premium...

DRB 2.3 today!~ Wow.

morning all

sk wrote:morning all

good morning sk

morning sun, +1 rep. [You must be registered and logged in to see this image.]

good morn every1

Stocks to watch Banks, Genting, MTD Capital, MTD ACPI, Petra Energy, Media Prima

KUALA LUMPUR: Regional markets are likely to trade cautiously on Friday, June 3 following some of the less-than encouraging economic data released in the US, as well as ahead of that country’s non-farm payrolls growth figures coming out later in the day.

Global economic uncertainties have weighed heavily on equity markets, including at Bursa Malaysia, the past week.

Most key Asian markets fell sharply on Thursday as jittery investors sold down their shares against the backdrop of various issues including a motion of no confidence against the Japanese Prime Minister; Moody’s Investors Services saying Greece had a 50% chance of defaulting on its loans and new US claims for unemployment benefits falling less than expected last week.

On Bursa Malaysia, stocks that could be in focus include RHB Capital and other banking stocks given the likely M&A play in the sector; GENTING BHD [], MTD Capital, Petra Energy and Media Prima.

RHB Capital shares have been advancing over the past two days after CIMB Group Bhd and MALAYAN BANKING BHD [] said on May 31 that they had obtained Bank Negara’s nod to start possible merger talks with RHB Capital.

However, CIMB and Maybank shares could extend their losses on Friday as the potential price to be paid for the possible merger remains uncertain.

Genting Bhd could also be in focus given its overseas expansion plans in Miami, with expectations that the group would try to secure a gaming licence there.

MTD CONSTRUCTION [] Sdn Bhd (MTDC) won a RM38.58 million suit it filed in March 2003 against AXA Affin Assurance Bhd involving a claim on a contractors’ All Risks Policy against the latter.

MT ACPI Engineering Bhd said on June 2 the case was ruled in favour of MTDC on May 27, with the judge holding AXA Affin liable for the damages to be assessed by the Court Registrar.

Petra Energy entered into a memorandum of understanding with Labuan Shipyard & Engineering Sdn Bhd (LSE) to utilise the latter’s shipyard facilities at Victoria Harbour situated at Labuan Island for purpose of fabrications activities.

Its wholly owned subsidiary Petra Resources Sdn Bhd had signed the MoU with LSE to explore areas of collaboration with regards to of fabrication yards, fabrication works and storage facilities; and to promote any other commercial endeavor for mutual benefit especially in oil and gas sector.

Meanwhile, Media Prima clarified that it had not entered into any discussion nor did it have any plans to acquire or operate Bernama TV.