The STI was lifted by strong economic news from the US overnight, with several stocks making good gains. One of such stocks was Noble stock, which traded at $0.99 in the afternoon. Noble stock was trading at $0.95 yesterday. For contra-traders on Noble, it was a piece of good news to them. Amidst all the market actions, I have not entered into the stock markets, as the market is now quite mixed with bullish investors, bearish investors, short-sellers, contra-players, etc. There is no one clear signal that could be distilled from the stock market. The theme that is however playing in the stock market is that of the US tapering effect: i.e. the possible scaling back of the Quantitative Easing (QE) by the US Central Bank. I think the scaling of the QE is likely now that we have even more robust figures from the US economic ......
