Comment to Yahoo Finance June 29, 2008
I warned on Wall Street Market beat blog last Sept that Fed rate cut cuts can not stop housing price slump into summer 2008, drag economy into recession, stock into bear market correction banking, finance share plunge 50-70 % and plunging dollar, economic stimulus package push soaring oil , commodity price in summer peak demand, resulted inflationary recession will drag banking share further.
SP banking 50 % correction is just phase one correction, it may have some bear market rally, and then plunge ito phase 2 correction, 50-70 %, reflecting further housing market slump resulted credit crisis and job cuts, stock market crashed impact on banking sare performance
details on www.osawh.com/mortdefa.htm www.osawh.com/Fedcrisab.htm www.osawh.com/recession.html www.osawh.com/fund2008.htm
Archive for June, 2008
SP banking share plunged into 50- 70 % correction by Dr. Warren Huang
Sunday, June 29th, 2008Inflation and Credit crisis impact on bank stocks, gold price Dr. Warren Huang
Wednesday, June 18th, 2008
Comment by -Wall Street Journal Market Beat June 17, 2:30 pm
EURO and oil Price relationship By Dr. Warren Huang
Wednesday, June 11th, 2008
Comment by -Wall Street Journal Market Beat June 11, 2008 at 3:21 pm
According to my tracking last 20 years daily Euro, Yen and oil price movement, oil price is more snesitive to euro lately, due to EURO ECB more aggressive fighting soaring 3.2 % inflation, while Japan inflation stay relative flat at 1.5 %, no immediate threat and interest rate relative constant at 1.5 %
Todya EURO rebound from 1.54 to 1.556 push oil price higher, Oil will follow EURO move to 1.575 retest 139.
Todya EURO rebound from 1.54 to 1.556 push oil price higher, Oil will follow EURO move to 1.575 retest 139.
Banking, Finance daily stocks priicing Dr. Warren Huang
Monday, June 2nd, 2008Comment by -Wall Street Journal Market Beat June 2, 2008 at 1:24 pm on Investment bank, banking, financial stock pricing
I predicted and warned on this blog last Sept that US housing price slump will continue into summer 2008, spread into mortgage and credit crunch crisis, banking, finance, housing stock will be down 50- 70 % in bear market correction The impact of corporate CEO step down news on short term daily stock price change is bias, it is distorted on that daily market sentiment, like UBS bad news was downplayed by US Bear Stearn bailout optimism.3- 6 month is more reliable reflect market fundamental price mechanism of slumping housing market resulted credit crunch and financial crisis .
These shares will loss all its recent gain due to housing market clump, soaring inflation and job cuts, plunging consumer confidence slump into 1980 low.
details can be found on www.osawh.com/mortdefa.htm www.osawh.com/fund2008.htm www.osawh.com/opthedge.htm
These shares will loss all its recent gain due to housing market clump, soaring inflation and job cuts, plunging consumer confidence slump into 1980 low.
details can be found on www.osawh.com/mortdefa.htm www.osawh.com/fund2008.htm www.osawh.com/opthedge.htm
Walmart May sale increase are benefited by rebate check, can not be sustainable after July , and profit margin are squeezed by heavy discount,
That is why Walmart postponed its store opening investment., It share price all ready peaking out.
Economic stimulus will continue drive up consumers spending for food, oil, consumer products to July, supporting record oil, commodities prices and inflation. Gold price will be pushed up by oil, price, inflation and weak dollar to retest 990.
details on www.osawh.com/mortdefa.htm www.osawh.com/test.html www.osawh.com/fund2008.html www.osawh.com/commody.html