U.S. Week Ahead: Jobs Report on Friday

Real estate slump will end next year: Buffett

UNITED STATES - America's most listened-to investor Warren Buffett said the United States residential real estate slump will end by next year, predicting that's how long it will take demand for homes to catch up with the supply.

"Within a year or so, residential housing problems should largely be behind us," the billioinaire wrote in his annual letter to the shareholders of his Berkshire Hathaway Inc. "Prices will remain far below 'bubble' levels, of course, but for every seller or lender hurt by this there will be a buyer who benefits."

Mr Buffett's comments on housing came as January home sales recorded a surprise seven-month low despite US GDP growth, prompting foreboding about consumer spending ahead.

But there was great news for Berkshire shareholders. The company's fourth-quarter profit surged to US$3.06 billion ($4.3 billion) - or $1,969 a share - on the recovery of derivative bets tied to the world's stock markets, up from $117 million - $76 a share - in the same period a year earlier.

The profit hike, Berkshire's third straight, helps rebuild a cash pile that diminished since 2007 as Mr Buffett invested in financial firms bruised by the recession. Companies such as Goldman Sachs Group that turned to him for funding are paying Berkshire interest of 10 per cent or more.

"We've put a lot of money to work during the chaos of the last two years," Mr Buffett, 79, said, describing how he had used the last 18 months to go on a buying spree of assets. "It's been an ideal period for investors: A climate of fear is their best friend."

The tone of his letter, which accompanied the company's annual report, contrasted sharply with his report last year, in which he took himself to task for the company's decline in book value. Dubbed the Oracle of Omaha, Mr Buffet's annual letter is watched closely by investors for his assessment of his businesses and of the economy. Source Agencies

02/24/2010 S&P Emini & Futures Recommendations

Market Technical Analysis - Markets Pop On Bernanke Dollar Comments...New Home Sales Ugly!

Outlook on the currency market

02/23/2010 S&P Emini stock index & Futures Recommendations

Weekend Technical Analysis - Market Swings, Bumps, Blasts To Continue...Pattern, Price, Setups

02/20/2010 S&P Emini Stock Index & Futures Recommendations

Asia's Week Ahead: Japan, India Economies

U.S. Week Ahead: Washington, Housing

Market Technical Analysis - Discount Rate Fails To Curb Markets Enthusiasm...Be Ready Though!

Spore casino made S$40 MIL in first two days

Singapore casino made RM96mil in two days
THE first casino in Singapore made S$40mil (RM96.42mil) in the first two
days of its opening and Malaysians contributed one-third of the revenue.
On the first day, the casino had attracted a long list of multimillionaires
from China, Hong Kong and Taiwan.
Most of them were regular customers of big casinos in the world who arrived
in their private jets, Shinmin Daily reported.
These big-time gamblers, who had planned to fly to Macau and Las Vegas
during the Lunar New Year period, had at the last minute changed their mind
to try their luck at the new casino in the republic.
It is learnt most of them landed at Seletar Airport, where they were
transported to Resorts World Sentosa in limousines.
Malaysians and Singaporeans visitors have also rushed to the casino on its
opening day.
It was observed that gamblers travelling in at least 20 sports cars
including Ferrari and Lamborghini arrived at the casino in the evening and
left only the next day.

Fed Raises Discount Rate in Retreat From Crisis Measures

The impact of the Yuan?

Joey Yap Says Alternative Energy `Highlight' in Year of Tiger

US Economy on the road of recovery?

02/14/10 S&P Emini & Futures Recommendations

Market Technical Analysis - Dollar Drops Hard, Commodities & Markets Surge...Be Ready For Next Move.

Video of Full Speech: President Hu Jin Tao Chinese New Year 2010

Market Technical Analysis - Greece Bailed Out, Dollar Drops, Markets Surge. Key Levels, Plays

Lack Of Details In Greek Plan Hits Euro

SOFT-OPENING OF THE CASINO AND PREVIEW OF UNIVERSAL STUDIOS SINGAPORE BY RESORTS WORLD AT SENTOSA PTE. LTD.

Resorts World Sentosa, Singapore’s First Integrated Resort Casino opens 14 Feb 2010; Celebrates with Universal Studios Singapore Previews

Happy CNY !

This Blog wish you a Happy and Prosperous Chinese New Year ! Huat AH !

Thank you for your support !

Best Wishes

Chinese new year market close details

The following markets will be closed during the CNY
period:

China: 15 Feb to 19 Feb
Hong Kong: 15 Feb to 16 Feb
Malaysia: 15 Feb to 16 Feb (CNY) and 26 Feb (The Prophet's Birthday)
Singapore: 15 Feb to 16 Feb

Indonesia: Business as usual
Thailand: Business as usual

The Regional Morning Note will be published per normal in view that the
Indo, Thai, US and UK markets are open.

Have a blessed Lunar New Year.

02/10/10 S&P Emini Stock Index & Futures Recommendations

Market Technical Analysis - Markets Chop But Maintain the Flat Line As Consolidation Again Shows Up

PM Report: Solving Greece's Debt Crisis

02/09/2010 S&P Emini Stock Index & Futures Recommendations

02/07/09 S&P Emini Stock Index & Futures Weekend Webinar

Market Technical Analysis Video - Bullish Consolidation, Bottoming Tail, Price, Pattern, Time Setups

U.S. Week Ahead: Game Sales, Jobs

Genting awarded Casino license.

Latest news: Resort World at Sentosa awarded casino license.

02/05/2010 S&P Emini Stock index & Trading Recommendations

Market Technical Analysis - Market Dumps Again But Strategists Begin To Salivate. Plays Posted!

PM Report: Can Europe Resolve Debt Crisis?

Market Technical Analysis - Major Drop Hits Wall Street As Master Swing Trades Begin To Show Up!

If you have problem watching the video , pls use mozilla firefox web browser.

02/03/2010 S&P Emini Stock Index & Futures Recommendations

Market Technical Analysis - Market Consolidating Ahead Of Jobs #'s. TM Call Nailed, Profits Galore

02/02/2010 S&P Emini & Futures Recommendations

Market Technical Analysis - Dollar Continues To Fade, Market Bounces Off As Oil Jumps

News Hub: Are Risk Assets Back in Fashion?

Are we looking at another major sell-off?