ThxPORTAL - My OnlinE InvestmenT ProgresS

Wednesday, 21 Apr 2010 10:34 AM By: Julie Crawshaw Economist John Hussman says stocks are seriously overvalued and that they are poised for a painful correction.Hussman says that, at current valuations, the S&P 500 is priced to deliver a total return of only about 5.7 percent annually over the coming decade.But, because stocks are seriously overvalued now, returns will probably be 2.97 percent once...

Today, I would again like to focus on words of investment wisdom that are timeless and especially appropriate as investors grapple with the difficult juncture at which stock markets find themselves at this stage. Wall Street “gurus” come and go, but in the case of Bob Farrell legendary status was achieved. He spent several decades as chief stock market analyst at Merrill Lynch & Co. and had a front-row seat at the go-go markets of the late 1960s, mid-1980s and late 1990s, the brutal bear market of 1973-74, and the October...

Malaysia’s exports have been paralysed by the “nightmare” chaos caused by the European volcanic ash cloud and would hurt the nation’s economic recovery, a hauliers’ spokesman said today.Southeast Asia’s third largest economy, which relies heavily on exports, is tentatively emerging from the global downturn as global trade picks up.But Walter Culas, chairman of the airfreight forwarders association of Malaysia, told AFP that with the ash cloud forcing the closure of European airspace for almost a week hundreds of tonnes of cargo...

KUCHING, April 20 (Bernama) -- Permodalan Nasional Bhd and CIMB Bank on Tuesday unveiled CIMB Clicks Amanah Saham Nasional Bhd (ASNB) Funds Top Up Facility at the 11th Minggu Saham Amanah Malaysia (MSAM) here.The online facility allows all registered ASNB investors, who have a CIMB Clicks account to make additional investments in five fixed-price unit trust funds managed by ASNB.The five funds are Amanah Saham Bumiputera (ASB), Amanah Saham Malaysia (ASM), Amanah Saham Didik (ASD), Amanah Saham Wawasan 2020 (ASW2020) and Amanah...

"Be fearful when others are greedy, and be greedy when others are fearful."– Legendary investor Warren Buffett, one of the world's richest men Now, my friend, is a time to be fearful. It is the opposite of a year ago. Back then, it was time to be greedy – and we were... Almost exactly a year ago in DailyWealth, I wrote an extremely bullish story, called "The Great Rally Before the Great Inflation." At that time, investors were downright scared. But I said stocks would have one of the greatest bull runs in history. What...

UBS called the bottom of the recent downturn to the exact day on February 9th (see here). They’ve been bullish since then, but are now warning of extreme risks in the market. According to their Risk Appetite Indicator, risks are surging as the market advances and investors turn increasingly complacent: “Our Risk Appetite Indicator edged higher last week, moving up to 1.21 from 1.15. After briefly dipping into negative territory in early...

Bankingnews.gr has disclosed something interesting. According to the Greek website, an account, allegedly a large US bank, has been dumping, in what it classified as "panic selling", its holdings of a 10 Year GGB maturing on April 20, 2010, or in 11 days. What is unclear is whether the bank has been trading for its own account or for a client. What is clear, is that the seller is certainly not too convinced that the bond will see a repayment of principal when it matures, in other words believes that Greece will go bankrupt before...

Robert Prechter of Elliott Wave International thinks between now and May is the 3rd best selling opportunity to sell stocks over the past 10 years. First in 2000, second in late 2007 and third "between now and a few weeks from now". What do you think, will there be a third wave down from the 2007 peak (Wave C)? Prechter thinks we're in for another deflationary episode, even after the trillion in stimulus."I think you can short just about everything, somewhere between now and May we're going to have a real rollover. Think...