Blog Detail
Thailand Junkie
http://thailandjunkie.blogspot.com
An eclectic view of Thailand from an old expat. Politics, business and the stockmarket....and other comedic subjects on occasions. Updated daily except on days when it isn't.
- Author: Thailand Junkie
- Listed in: Stocks & Bonds Politics
- Tags: politics business investment thailand thaksin stockmarket
Recent Posts
Confession
** It's true, I have failed to keep readers fully up to date with my actions. Apologies, but here it goes. I have bought into Thai property stocks a couple of days ago on the basis of two things...One...the overall market hit a technical support as m...
SET Approaching Short Term Support
** Clear divergence in the market over the last few days. This was particularly highlighted on Friday as the initial strength (after Wall Street gains Thursday night) quickly evaporated and the market closed at the day low. Foreign investors increasi...
USD on the Move
** USD the main player in all markets at the moment. A noticeable shift in sentiment last night in the US as the dollar started appreciating and the market started depreciating! There is no doubt in my mind that the USD is on a long, long downward tr...
Hun Sen and Thaksin get Chummy
** The SET noticeably weak last Thursday before the public holiday on Friday. With Wall Street's subsequent gain on Thursday night...and loss on Friday...we can expect a rather subdued start to trade this week. Psychological support should remain at ...
Same, Same
** The SET lost a touch of confidence yesterday after starting in the green....closed 0.8% lower. US falls overnight would normally be a decent indicator of direction this morning but it has to be said the SET has taken on a life of it's own in recen...
Caution the Watchword
** Friday's 3.5% bounce in the SET will settle some highly strung nerves this week. However, the damage has already been done as many investors will be far more aware of the potential losses a dose of bad news could create. The SET tumbled 8% at one ...
