aaron smith explains singaporean super fund
watch video link
aaron smith-singaporean super fund
Posted in Uncategorized on October 29, 2008 by stockmarketheadlinesWhen would a stock market circuit breaker kick-in?
Posted in bank crisis with tags stock market circuit breaker on October 10, 2008 by stockmarketheadlinesAs harrowing as the U.S. stock market’s plunges have been in recent days, they still haven’t been enough to trigger the “circuit breaker” mechanisms that result in an automatic timeout in trading.
The Big Board implemented the automatic halts after the stock market crashed in the late 1980s to force traders to take a break from frenzied selling. But even amid the massive losses seen in the market this week, the thresholds have yet to be breached, unlike in many other nations which have temporarily suspended trading multiple times.
On Friday, the stock exchange in Vienna was suspended until midday after stocks tumbled 10 percent at the opening bell, and in Russia representatives of the MICEX and RTS exchanges said they suspended regular trading until further notice under orders from financial regulators.
Indonesian authorities suspended trading indefinitely on the Jakarta Stock Exchange after they had halted trading Wednesday after the index plunged more than 10 percent.
The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. Based on Thursday’s Dow close of 8,579, the threshold number to cause the market to stop on Friday would be 7,479. If that point is reached before 2 p.m., the market will shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops would take place if the plunge occurs after 2:30 p.m.
If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.
In the event of a 3,350-point decline, the market would close for the day, regardless of the time.
The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.
The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.
article from CNBC.com
Cut interest rates Now? but to 0%?
Posted in bank crisis with tags 0% interest rates, cut interest rates, Federal Reserve Chairman Ben Bernanke, Henry M. Paulson Jr., roger nightingale, treasury secretary Henry Paulson on October 7, 2008 by stockmarketheadlinesStock analyst Roger Nightingale sugests if major economies such as Germany (DAX), US (DJI), France (CAC), UK (FTSE) were to cut interest rates in a drastic fashion it will stimulate bank lending and infuse liquidity into the market. He also adds that they should be cut to 0% for a long sustained period of time to help everyday blue collar workers catch-up on credit payments .
watch video link *from CNBC
Bill Gross “Nothing to fear but McFear itself”
Posted in bank crisis with tags bill gross on October 7, 2008 by stockmarketheadlinesBill Gross’s comentary on the US banking crisis
read link * from Pimco
Investment banks
Posted in bank crisis on September 17, 2008 by stockmarketheadlinesread link Hbos & Llyods talk merger *from BBC news
read link Fed braces Aig from falling *from AP news
watch link Raw fear hit stocks in Asia gold on the rise again*from reuters
watch link Lloyds to buy Hbos in $50 billion deal
read link Gold wall streets safe haven
read link Russia halts trading for 1 hr*from reuters
read link washington mutual is up for sale*from reuters
State of Emergency in Thailand
Posted in State of Emergency with tags Thailand State of Emergency, Thailand unrest on September 6, 2008 by stockmarketheadlinesOIL::some articles that may explain
Posted in oil with tags gustav disruptions report, oil articles, price of oil on September 6, 2008 by stockmarketheadlinesread link briefly explains the supply demand scenario on price written back on 29th May
read link another explanation on supply vs demand affect on oil price
read link oil may rise on Gustav disruptions?
read link uk guardian article is oil going back under $100?
read link opec’s news website
read link AP article oil fell before OPEC’s meeting on sep 9th
read link Brazil declines OPEC’s invitation
read link Tensions increase between the U.S. and Russia over Georgia *from CNN news
read link Hurricane disrupt oil reserves*from reuters
