As per wikipedia . The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, during which the German zeppelin Hindenburg was destroyed.

The hindenburg omen named after famous German airship  that crashed in new jersey in 1937 , is a technical indicator that predicts not  just a bear market but a stock market crash.

The hindenburg omen named after famous German airship  that crashed in new jersey in 1937 , is a technical indicator that predicts not  just a bear market but a stock market crash.

For this crash to happen , the 5 criteria of the Omen  should be fulfilled:

1.That the daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of total NYSE issues traded that day.

2.That the smaller of these numbers is greater than or equal to 69 (68.772 is 2.2% of 3126). This is not a rule but more like a checksum. This condition is a function of the 2.2% of the total issues.

3. That the NYSE 10 Week moving average is rising.

4.That the McClellan Oscillator is negative on that same day.

5.That new 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs). This condition is absolutely mandatory.

If we trace the Omen’s genealogy even further back, however, we find that it is a direct descendant of an indicator called the High Low Logic Index, which Norman Fosback, editor of Fosback’s Fund Forecaster, devised in the 1970s. In his classic textbook Stock Market Logic, Fosback explained why a large number of both new highs and new lows is bearish: "Under normal conditions, either a substantial number of stocks establish new annual highs or a large number set new lows — but not both

The creator of the  this  omen is a blind mathematician named jim Miekka , said that his indicator is no predicting  a market meltdown next month. will this affect australia is it a bad omen for australia  only time will tell .

Investors have long sought high risk/high reward opportunities in emerging markets and Mexico has been no exception. As a major U.S. trading partner rich in energy, raw materials and relatively cheap labor, the republic to the south has many allures

The Bolsa Mexicana de Valores –BMV is Mexico’s only stock exchange. The Bolsa Mexicana de Valores –BMV is the second largest Stock Exchange in Latin America. São Paulo Stock Exchange i.e. Bolsa de Valores de São Paulo is located in Brazil. It is the largest stock exchange in Latin America and the eighth largest stock exchange in the world

One way to bet on Mexico while shedding some risk is to buy T. Rowe Price Latin America (PRLAX), a top-rated fund that has returned an average annual 20.8% over the last five years, good enough for the top spot in its Morningstar category. Those returns were primarily primed by a 64% weighting in Brazil, including a large position in oil company Petrobras (PBR:40.57, -0.91, -2.19%). The fund also has exposure to Mexico (22%), Chile (4%) and Peru (4%).

Another option is the Vanguard Emerging Markets Stock fund (VEIEX). The index offering owns nearly 800 companies spread out in over two dozen emerging markets. It has a 5% stake in Mexico and has positions in South American countries, too. It has returned an average annual 7.8% over the last decade, and charges a 0.32% expense ratio. That’s one of the cheapest fees you’ll find in the space.

Mexico Securities, Investments and Insurance Regulations

Mexico

The Mexican Stock Exchange (BMV) is a private institution that operates under a concession granted by the Ministry of Finance (SHCP), observing the Mexican Securities Law.  The Mexican Stock Exchange, or Bolsa Mexicana de Valores (BVM), is Mexico’s only stock exchange. It is the second largest stock exchange by market capitalisation in Latin America. BMV is now itself is a public company which is listed on its own stock exchange following a 2008 IPO.

The economy of Mexico is 11th to 13th largest in the world. Since the 1994 crisis, administrations have improved the country’s macroeconomic fundamentals. Mexico was not significantly influenced by the recent 2002 South American crisis, and has maintained positive, although low, rates of growth after a brief period of stagnation in 2001. Moody’s (in March 2000) and Fitch IBCA (in January 2002) issued investment-grade ratings for Mexico’s sovereign debt.

The economy contains rapidly developing modern industrial and service sectors, with increasing private ownership. Recent administrations have expanded competition in ports, railroads, telecommunications, electricity generation, natural gas distribution and airports, with the aim of upgrading infrastructure. As an export-oriented economy, more than 90% of Mexican trade is under free trade agreements (FTAs) with more than 40 countries, including the European Union, Japan, Israel, and much of Central and South America.

Investments in the Bolsa are limited to only “series A” issued stocks or ADR’s. The Mexican Stock Exchange has approximately 250 issuers of paper with an index of only 40 companies, which are actively traded. There is also an intermediate market of issuers (closely held and medium sized companies), which tends to be narrow and not actively traded.

Mexico Stock news Links

• Copper Miner Grupo Mexico Prospers Despite Labor Unrest 30 Jan 2010 01:13 GMT
  … MEXICO CITY -(Dow Jones)- For 30 months, striking … Grupo Mexico B shares traded on theMexican stock exchange closed Friday at MXN26.51, down 4.3% on …
• Mexico shuts Gulf oil port due to bad weather 30 Jan 2010 16:45 GMT
  … Thomson Reuters is the world’s largest international multimedia … small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, …
• ACTOR – Lou Dobbs 30 Jan 2010 11:35 GMT
  … his most marketable attribute: power. Nevertheless, Dobbs’ Mexican-American wife and former CNN sports anchor Debi … Award for his coverage of the 1987 stock market crash. Although the man who once named … States. Dobbs has blamed illegal immigrants fromMexico for the dramatic rise of leprosy cases …
• The Statistical Economic Recovery has Arrived 30 Jan 2010 19:51 GMT
  … The Statistical Recovery has Arrived This Time Is Different … recession you should get out of the stock market, was my call. I was a tad … the next step? Having lived through the Mexican, Thai, Korean and Argentine crises, it is …
• US Gold Corporation: El Gallo Exploration Off to Excellent Start in 201030 Jan 2010 09:17 GMT
  … ounce Cortez project, and the other in Mexico where an exciting high-grade silver discovery has … on the NYSE Amex and the Toronto Stock Exchange under the symbol UXG. US Gold has … exploration undertaken by the Company at its Mexican exploration properties. Samples from the core drilling were …
• 

How much money has been lost? By all Australian investors, hundreds of billions, which it must when the value of a stockmarket halves.
How much have you personally lost? How much dough has your super fund done? How are you sleeping at night? And, more importantly, what are you going to do about it?

guide to investing in fixed interest securities

There is always a sensible argument for investing in cash and fixed income. For investors, it should not be a question of, ‘When do I invest in cash or fixed income?’ but more a question of ,‘How much should I have invested in cash and fixed income at this stage of the cycle?’

With the high level of risk and volatility in the main competing asset classes of equities and property, there is a strong argument for a large allocation to fixed income at the current time, particularly with returns of 6–10% available for relatively low risk.

Investors who’ve primarily purchased equity securities in the past have been looking for more secure investment alternatives; namely, fixed income securities. This book demystifies the sometimes daunting fixed income market, through a user-friendly, sophisticated, yet not overly mathematical format. Investing in Fixed Income Securitiescovers a wide range of topics, including the different types of fixed income securities, their characteristics, the strategies necessary to manage a diversified portfolio, bond pricing concepts, and more, so you can make the most informed investment decisions possible.

As official cash rates and hence term deposit rates fall, the recommendation is to move a portion of funds out of cash and into well researched, select corporate bonds and hybrids, which continue to benefit from high credit spreads despite the fall in the base cash rate

Acknowledgments. = ref:

Chapter 1: An Overview of the Fixed Income Securities Market.

Chapter 2: The Basics of Debt Instruments.

Chapter 3: Bond Pricing Concepts.

Chapter 4: Risks Associated with Bonds.

Chapter 5: Macroeconomics and the Bond Market.

Chapter 6: Using Economic Variables to Forecast Interest Rates and the Bond Market.

Chapter 7: The Yield Curve.

Chapter 8: Money Market Instruments.

Chapter 9: U.S. Treasury and Government Agency Securities.

Chapter 10: Municipal Bonds.

Chapter 11: Corporate Bonds.

Chapter 12: Emerging Markets.

Chapter 13: Distressed Debt Securities.

Chapter 14: Mortgage-Backed Securities.

Chapter 15: Asset-Backed Securities.

Chapter 16: Preferred Stock.

Chapter 17: Fixed Income Derivatives: Products and Applications.

Chapter 18: Managing a Fixed Income Portfolio.

 On 28 July 2009 Transfield Services (TSE) announced its FY09 result would be impacted by an impairment charge of A$168m (US$135m) on a pre-tax basis relating to its USM business. It also confirmed guidance for FY09 NPAT pre-amortisation growth at the lower end of the 10–20% range.
Implication

 Hitting guidance is encouraging. Prior to the announcement CBA was forecasting growth of 8.7% and consensus expected growth of 7.9%. We noted in June that the sale of the wind farm developments (at an estimated pre-tax profit of $3–5m) significantly increased the chances of it hitting its FY09 guidance. This will be an ongoing revenue item for TSE and so we do not see it as low quality.

 Impairment charge flagged. With the new CEO coming on board in March we thought that there was a good chance of impairment charges in USM. TSE has written down the carrying value of USM (which includes the Horizon and Whelan’s bolt-ons) by 32% to US$283m. In 2006, we commented that TSE overpaid when it acquired USM for $372m on an EV/EBITA multiple of 9.7x. At the time USM’s EBITDA margins were double digit. We argued this was unsustainable given the low single digit margins in the Australian facilities management business and since the acquisition USM’s margins have fallen to high single digit. Revenue has also been $100m below the assumptions in TSE’s acquisition model.

 Dividends not impacted by writedown. TSE has stated that the impairment does not impact its ability to pay dividends. The writedown will not be recorded in the parent entity’s retained earnings account which was last quoted at $62m in the FY08 accounts. Dividends are paid from this account and the balance will be sufficient to pay future dividends.
Earnings and valuation revisions

 We have increased our EPS forecast in FY09 by 1% to reflect 10% NPAT growth (as per guidance). Our forecasts in FY10 and FY11 are unchanged, as are the DCF valuation of $3.63 and 12-month price target of $3.15.

 NPAT: FY09 $116.3m; FY10 $121.5m; FY11 $127.4m.

 EPS: FY09 31.8 cps; FY10 29.0 cps; FY11 29.9 cps.

Investment view We look forward to the FY09 result where we expect an update on TSE’s strategy, particularly with respect to its international expansion of recent years. Domestically, the business has struggled to retain some large contracts. Notwithstanding current challenges, we see significant valuation upside in TSE on both an absolute and relative basis (particularly when compared to UGL which trades at 12.4x FY10 EPS vs TSE at 8.4x). Our recommendation remains ACCUMULATE / MARKET PERFORM. TSE will report its FY09 results on 26 August 2009.

The banks were the biggest losers, dragging the market down with them.

Commonwealth Bank fell 60 cents to $28.60, Westpac declined 12 cents to $16.64, and ANZ retreated 11 cents to $15.07.

NAB fell 17 cents to $20.23 as it hosed down speculation that new chief executive Cameron Clyne may offload the bank’s UK assets.

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