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According to following link Asia Pacific is now the most undervalued region.

http://news.morningstar.com/articlen...aspx?id=640171

Stock Market Outlook: Time to Play Defense

In a market leaning toward the overvalued side, investors must dig deeper to unearth buying opportunities.

Please note that I do not endorse or take responsibility for material in the above hyper-linked site. Please do your own research.
 
MARKETWINNER said:
According to following link Asia Pacific is now the most undervalued region.

http://news.morningstar.com/articlen...aspx?id=640171

Stock Market Outlook: Time to Play Defense

In a market leaning toward the overvalued side, investors must dig deeper to unearth buying opportunities.

Please note that I do not endorse or take responsibility for material in the above hyper-linked site. Please do your own research.
Click to expand...

That link is dead for me...:confused:
 
Think I need a :alcohol:

Just got short at 22742ish with a nice hand full on the cash open. Then got a little worried about a blow off through the high so dropped a few contracts at 22724 to only find out I had just did the mother of all fat fingers!! and was now long close to full size!! Opposite to the direction I wanted...... :(

But wait it gets better.......

Then 5 seconds after the fill my internet drops out!! WTF!!! :22_yikes:

Ring Ring, "Risk its me the idiot... close me out NOW!! "


:frown:
 
Trembling Hand said:
Think I need a :alcohol:

Just got short at 22742ish with a nice hand full on the cash open. Then got a little worried about a blow off through the high so dropped a few contracts at 22724 to only find out I had just did the mother of all fat fingers!! and was now long close to full size!! Opposite to the direction I wanted...... :(

But wait it gets better.......

Then 5 seconds after the fill my internet drops out!! WTF!!! :22_yikes:

Ring Ring, "Risk its me the idiot... close me out NOW!! "


:frown:
Click to expand...

Ouch, hope they got ya out on that little bounce...:eek:
 
Trembling Hand said:
Think I need a :alcohol:

Just got short at 22742ish with a nice hand full on the cash open. Then got a little worried about a blow off through the high so dropped a few contracts at 22724 to only find out I had just did the mother of all fat fingers!! and was now long close to full size!! Opposite to the direction I wanted...... :(

But wait it gets better.......

Then 5 seconds after the fill my internet drops out!! WTF!!! :22_yikes:

Ring Ring, "Risk its me the idiot... close me out NOW!! "


:frown:
Click to expand...

Ouch! I had my first fat finger last month as well. I was long 1000 shares of something, went to close it but put an extra zero on the order... so I ended up net short 9000 shares instead of being flat. And it was done at closing auction so I had to hold overnight. Thankfully it wasn't a particularly volatile stock, but I can still remember that chill-down-the-spine feeling when I discovered what I had done.
 
I'm guessing you are having a better afternoon TH...:)
 
There are sell off in global tech stocks now. Technology stocks from Google Inc. to Yahoo Inc. has plunged. The Nasdaq Composite Index went down the most in two months. Biotechnology Index too dropped badly. Market players are moving away from overvalued sectors and stocks now.

http://www.latimes.com/business/la-fi-wall-street-20140404,0,7001918.story#axzz2xy8jOLGh
Tech stocks, once highfliers, drop; Nasdaq sinks

http://online.wsj.com/news/articles...847804579479750391310982.html?mod=europe_home

Value Stocks Head Higher as Growth Companies Look Pricey.

Finally will there be 10% to 20% correction?

http://www.forbes.com/sites/mikehelv...et-correction/

How to prepare for the Next Stock Market Correction

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please note that I do not endorse or take responsibility for material in the above hyper-linked sites. Please do your own research.
 
Hi guys,

I am new in the forum as well as in stock investing. I am interested in some Canadian mining stocks. Has anyone had any experience in investing in Canadian stocks? Which online brokers do you use? I know there are brokers like IB or Etrade. I do not have much confidence in US dollars, so I try to avoid holding stocks in USD.

I did do some research on some Canadian online brokers, currently I am interested in RBC (Royal Bank of Canada) direct investing and BMO InvestorLine, both backed up by big banks in Canada. Just contacted both brokers by email to see if they open trading account for Australians, have not got reply yet.

My concern is that will it cost me a fortune to convert between AUD and CAD when I transfer money to and from Canadian online broker? Any suggestions?

Thanks a lot

Ann
 
anny said:
Hi guys,

I am new in the forum as well as in stock investing. I am interested in some Canadian mining stocks. Has anyone had any experience in investing in Canadian stocks? Which online brokers do you use? I know there are brokers like IB or Etrade. I do not have much confidence in US dollars, so I try to avoid holding stocks in USD.

I did do some research on some Canadian online brokers, currently I am interested in RBC (Royal Bank of Canada) direct investing and BMO InvestorLine, both backed up by big banks in Canada. Just contacted both brokers by email to see if they open trading account for Australians, have not got reply yet.

My concern is that will it cost me a fortune to convert between AUD and CAD when I transfer money to and from Canadian online broker? Any suggestions?

Thanks a lot

Ann
Click to expand...

Just open an account with Interactive Brokers Canada, if you are permitted as a foreigner to open an account with a broker then IB the way to go. They'll nominate a Canadian Bank, i assume. You going to need to assume some currency risk, but AUD/CAD would be better than AUD/USD i would think...


It is kind of funny that you see so much risk in the US dollar yet the majority of big investors don't, otherwise the cost to finance their huge debt would be sky rocketing...that hasn't happened YET...

Canadian banks used to be among the safest in the world, maybe not as profitable as Aussie banks but certainly safe by lending practices.
 
avion said:
Stop buying TH... :D, c'mmon let's go the other way a little bit...
Click to expand...

Yeah unreal huh....virtual one way street for the HSI, the HHI has been a little tamer and easier to fade, but i wasn't going to step in front of the HSI train today!!:eek:
 
An opportunity or a deeper correction?

Dennis Gartman: ‘Scared’ and getting out of stocks for now

The recent pullback for markets, driven by momentum-stocks in the technology and biotech space, has just scared one big bull out of the markets.

Dennis Gartman, who edits the Gartman Letter, told CNBC in an interview late Monday he recently ‘got scared’ and moved his equity exposure to near zero from 100%. He said he’s sticking with gold and cash to ride out the “long-awaited and much-needed correction.”

Gartman, who earlier this month was still holding his bullish stock stance, basically got freaked out by 15 minutes on the markets Friday. In that short space of time, he said the market turned like he’d never seen it turn before. Friday was quite a day, with heavy selling of biotech and Internet stocks, pushing the Nasdaq Composite COMP +0.82% to its worst day in two months. The S&P 500 SPX +0.38% and Dow industrials DJIA +0.06% also dropped 1.3% and 1%, respectively, that day.

“Friday morning I came back from the gym, and I was very comfortable: I owned aluminum, I owned coal, I owned money-center banks. Then between 11 a.m. and 11:15 a.m. it was as if they flipped the switch. Everything changed: stocks changed, bonds changed, gold changed, currency changed ”” the whole world switched,” recalled Gartman.

Gartman said he won’t be buying stocks again until they get much cheaper.

He said Friday’s action was worth noting because it was a so-called outside reversal day, when both the high and the low price for the day, for a stock or index, exceeds those levels on the previous day. If there is downside follow-through, as Barron’s explained on Monday, it can also signal a market top. The Nasdaq logged a 1.2% drop on Monday, and a 4.6% fall over three sessions, to mark the worst three-day loss since November 2011.

Reversal days are common ”” they happen, said Gartman. However, reversal weeks are rare, and reversal months are rarer still. “It’s really, really important … we don’t get outside reversal months, where you make a new high and close below the previous month.”

Over on Twitter, there was plenty of eye-rolling going on, given that on April 1, Gartman was touting a bullish stance on stocks to CNBC.

Gartman may be missing out on a bounce, though, according to some. Milton Ezrati, market strategist and economist at Lord Abbett, told CNBC he expects earnings won’t disappoint and will “show people that the world’s not going to come to an end, just because names in social media are blowng up.”
Click to expand...

The VIX is almost due for a 'pop' ...
 

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Remaining mindful that there is some floats of Chinese internet stocks going on in the US including Alibaba which is massive. So some of the weakness will be fundies making room for that.
 
Interesting time in the risk proxy currency that is the YEN/USD right now.

yen.jpg.

Line up pretty well with a big support level in the S&P as well

:microwave
 
anny said:
Hi guys,

I am new in the forum as well as in stock investing. I am interested in some Canadian mining stocks. Has anyone had any experience in investing in Canadian stocks? Which online brokers do you use? I know there are brokers like IB or Etrade. I do not have much confidence in US dollars, so I try to avoid holding stocks in USD.

I did do some research on some Canadian online brokers, currently I am interested in RBC (Royal Bank of Canada) direct investing and BMO InvestorLine, both backed up by big banks in Canada. Just contacted both brokers by email to see if they open trading account for Australians, have not got reply yet.

My concern is that will it cost me a fortune to convert between AUD and CAD when I transfer money to and from Canadian online broker? Any suggestions?

Thanks a lot

Ann
Click to expand...

When you deal with foreign markets it is better to have very good understating about currencies. Even if you make capital gain by investing in foreign stocks we may lose that if the currency rate is not favorable at that time. Did you try some local brokers and banks? They should be able to give some ideas. To be frank couple of years before I opened an on line account with Australian firm and I didn't operate it. In future I myself will personally meet brokers or anybody before trading with them.
 

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