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Showing 81 - 90 of 151 results for "The Street"

Ready to turn on the tap

BENJAMIN ONG  |  THURSDAY, 4 AUG 2011
It could have easily been another down day on Wall Street overnight - but it wasn't. The Street's three major equity indices finished above the zero line while we slept, despite more stats giving credence to 'the US is heading for another recession' ...

Boing

BENJAMIN ONG  |  FRIDAY, 8 JUL 2011
Boing! That's the sound heard all over Wall Street overnight - the sound of rebounding US eco stats, that is. The Street jumped high and pushed the S&P 500 up by 1.1% to its highest close since the 10th of May and 10 points shy of the three-year summit ...

Sunny side up

BENJAMIN ONG  |  MONDAY, 4 JUL 2011
"Grab your coat and leave your hat Leave your worries on your doorstep Life can be so sweet On the sunny side of the street." -Louis Armstrong, On the Sunny Side of the Street Whew! After the nerve-wracking "will it won't it" - default, be bailed out ...

Just do it

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2011
Just do it! For all the positive spins given to explain the big gains on Wall Street overnight, it's probably Nike that did it. Cyber reports speak of the Germans now being in tight with the French and agreeing to swap a big portion of their banks' ...

The sound of QE3

BENJAMIN ONG  |  THURSDAY, 23 JUN 2011
... has spoken - and financial markets didn't like what they heard, for they didn't listen. It was another down day on The Street after the Fed's post-FOMC meeting statement and Big Benny's press conference confirmed that the "economic recovery is continuing ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
All seems to be clear on the western front today. The sun is shining, the sky is blue (even here in Melbourne) and everything looks hunky-dory, thanks very much. There was a kind of hush all over the world last night - hush over the tragedy that is ...

VIX says no fear

BENJAMIN ONG  |  FRIDAY, 17 JUN 2011
... that could go wrong seemed to have gone wrong. I was hoping to wake up this morning braced for another down day on The Street. After all, fearful thoughts of the US deteriorating, Europe imploding, China tightening - and Australian Prime Minister Gillard's ...

Back to cactus

BENJAMIN ONG  |  THURSDAY, 16 JUN 2011
Hang on to your hats, for here we go folks. While the previous day's data releases provided some leeway for positive interpretation, fresh ones out overnight cannot - in any way - be lost in translation. It's therefore not surprising to see Wall Street ...

Rejoice for May has gone away

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2011
... the level seen in the boom years (2006-2007) before the GFC. This is in stark contrast with last night's activity on The Street where US equities jumped - big time - despite disappointing stats. The Chicago PMI dropped sharply in May. The Conference ...

May day mayday

BENJAMIN ONG  |  THURSDAY, 12 MAY 2011
... out on profits analysts expected it to achieve. Walt Disney reported Q2 EPS of US$0.49 on revenue of US$9.07 billion. The Street was looking for EPS of US$0.57 on US$9.11 billion revenue. Yes, I said there's nothing there because overall - and according ...