Pretty much now depends on omicron news. Can see in the afternoon once Moderna CEO talked then sudden price spike around 14:00. Of course Moderna CEO has his intention, but can see more bumps ahead not that straight forward in short term.
Guess the SBB. And HK IPO will be next year, timing is also important.

Looks like got BBs from both sides.

If you are good surfer you can catch multiple profit in a day by playing this stock.

SG recovering

Anyone who like the price 1.4-1.5 earlier, pls go ahead short.
Short with all in, you may end up own more instead of waiting. Haha

You know how spring works? especially super elastic spring like top glove?
The harder it gets compressed the more it gets expanded later. Vice versa.
This covid acts like extra force on this super elastic spring. It will be decreased and back to normal one day within the right range.
Before that enjoy the roller coaster from time to time. You need a strong heart to look at the stock price daily.

More or less all washed clean already. See afternoon how.

That is all for 1st half, hopefully today can sustain at 2.8

Omicron will spread, to most ppl could be mild.
Ppl will have to live with covid.
Till everyone kena it or keep on vaccine boosters.
But the later evolve the less harm.
Finger crossed not to merge with some fierce diseases.
Life is full of surprises, no one can exact predict the future Even JPM.
The moment you stop caring is the moment you are freed.

Play with your limit for short term.
The BB will know earlier than us for Omicron.
But no one knows as surprise always happen. Safe entry will be after covid see the QR, though you may miss the lowest price but safer.
Under current circumstances, this counter not for weak heart.

Watch out China covid situation, Also the report of omicron most likely out by Dec 10th 2021. Tora, Tora, Tora

Shaking off those recent new buyers. Then move on. DYODD

If JPM is in this wave turning to do long, today will still up more.
Otherwise the market may start to reconcile gradually with the development of Omicron. However from current situation nothing affirmative released, so mostly it will still need to be prepared for the worst.
One thing can be sure is that the omicron will start to spread worldwide. However if it is really described as only mild symptoms then it will be a totally story.

Just one advice, no matter what do not all in, do not trade on margin.
Becoz we are ikan bills. Seems some big fish joined, monitor closely if you are the short term trader, for long term trader, wait till HK ipo. You may miss the peak but at least you know where is the foot.

You can make a fortune just by catching few waves today. Bull and bear still fighting last few minutes. The big boss wants to make sure the chart is still presentable.

3.1-3.2 end of day. The risk is more on China in the coming months if can get through Omicron. If no, then up trend again.

End of the day, clear some profit if you can. Save some bullets for tomorrow.

What a day, good luck to all. DYODD

Unbelievable, still ramping up.

It seems each level you sell is a regret since this morning. Yet, keep your risk portfolio balanced is the key. The trend is still up. DYODD

No joke man, heading 3.3 today

I already advised many times in the past few days to cover. This short squeeze is too strong.
Clear your position before you still can or maybe lose everything.

JPM smoked all. Still in JPM to trust?

Some big fish must be buying, this wave is almost like tsunami

The pattern very similar like last year May leh. If really last for few more days, guess what

Tan Sri says: I have not start to buy back leh. HK IPO price need to upgrade Loh.

Omicron May go under fermentation for one week, then in 2 weeks time we will know.

The next QR result could be another wave but should not be so significant as this one.

JPM abandoned ship. Run back US. They mentioned 1.5 TP.
Guess they mean SGD not MYR.
Good luck to all. This week still more shows

Wow, 3.12. Unstoppable

Testing 3.1. If break 3.1 today, tomorrow uptrend. DYODD

One thing for sure bursa will be happy these few days to take commission.

Hehe, this is only 1.5 hrs volume. Today volume will exceed yesterday.
A solid foundation built.

Unbelievable, more furious than I thought today. The volume speaks for itself. DYODD

Can see from the chart, this rebound has been unleashed due to long term compressed.
The covid journey not certain, Omicron maybe just a warning, what other mutations may come forward, are they going to be more contagious? Beijing winter Olympic and Chinese New Year, the greatest danger lies ahead next year in Feb 2022.

Make sound risk calculation.

JPM on the way back to US, no more waiting. Better cover all now.

Those still hesitated, rebalance your portfolio before it is too late. There are reasons why so many countries act so fast. We normal ppl will not know well and is always the last to know.

Time is clicking, do not wait in 2 weeks time till the WHO announcement, the big fish would already escaped and left by then. Cover the position soonest before it is too late.

Delta in Africa also very mild, but in other countries more serious. We Asian not same level immunity as African brother. You need a full vaccination list before going to Africa especially those South African countries, for African brothers mild symptoms for other countries hard to say. Do not forget most of us here grew up with antibiotics and all sorts of vaccinations.
African has better immunity and more natural healthy.

So far only China still has zero tolerance policy for covid. the virus mutation become faster and more contagious. China vaccine mostly are inactivated vaccines. It cannot well fight against the mutated virus not to mention now its 2nd or 3rd generations covid.

Hence if China cannot contain and if to launch similar MCO or EMCO country wide. It will be a disaster for the world. As almost 50% of world manufacturing are done in China, the supply chain will be more serious.

Will China able to manage well this time under the pressure of Omicron? Hard to say with the upcoming Winter Olympic and Chinese New Year almost the same period in 2022. Omicron May just get its chance and we all know now it is more infectious than Delta.

Also to note China produce large volume of gloves, if factories shutdown. Easily 20%~30% of world supply of gloves will be impacted. All risks need to be balanced, make your own calculative choices wisely. DYODD

I also have few airline, tech, palm oil and travel related stocks, will be really ugly tomorrow for these.
But “what it is” is “what it is”. Most important is to maintain the risk portfolio balanced, hope everyone good luck on tomorrow.

Big whales not necessary only from RSS, but mostly during bad times, yes.

Moreover foreign fund are in the pipe back to US, JPM is in the progress to cash out to celebrate Christmas, USD will get stronger and stronger. JPM most likely will utilise the gain profit from Asia in US market for while. They gave a final 1.5 mislead most ppl so that they can escape beforehand, but this unexpected Omicron has probably interrupted their plan or maybe they already in progress to clear off the final position.

DYODD

It is not about if, it is about when the Omicron will enter MY/SG. Unless to close down like North Korea.

The glove stock has been pressed down for merely a year under same topic ASP, ASP and ASP. When the spring gets compressed for long once unleashed the energy will be enormous. Same on the opposite. This Omicron is merely a catalyst.

As for the recent Friday event, bear in mind small fish cannot make such big wave. Check the volume, only whales can create. Not too mention if upcoming is a tsunami.

Manage and balance the risk before it is too late. Big fish will not leave time for all small traders to react.

Delta is still progressing in western countries. Now comes Omicron
Will Omicron more infectious than Delta, Will Omicron cause more damage than Delta, and will current vaccine still able to be effective against Omicron? Wait till around Dec 10th 2021 will tell. Do not panic but do not underestimate as well.

When things nail down it is usually too late to react just like first virus in Wuhan back in 2020.

First garmen say only sick ppl to wear mask, now it is mandatory, then the vaccination is voluntary, now it is equivalent to mandatory. The booster shot in the pipeline to be a must.

If you are reactive then it will be too late. Tomorrow the panic buy will continue, may last a while till 2 weeks time once final report is produced. But we small fish will be the last to know, big IB already recovered their position before official report produced. Manage the risk accordingly and do not wait till the last minute.

Hehe, Twitter, thought some official news channel. Individual perspective can not conclude overall and it’s potential development.

https://amp.dw.com/en/covid-what-we-know-about-the-omicron-variant/a-59948143

90% already.

Few facts already confirmed.
1. The Omicron new mutation started only in Nov 14-15 and now it is already discovered in South Africa, HK, Israel, Belgium and Netherlands ….. The list will go on.
2. It is almost certain that this new variant will escape from the current vaccination. It will also take over 100 days to develop new vaccines in the best scenario plus needs to go through few stages of test (normally 3) which will prolong the whole process.
3. It is already Winter, Christmas.gathering season with current Delta wave not yet finished, healthcare will really gets its peak moment.
4. You do not expect westerners to discipline themselves keep good practice, also they mostly travel a lot.
5. No one knows what come after this Omicron, the Greece letter could be not enough. It seems when ppl thought things are almost settled then new mutation gives all a big blow.

When the IB retreats, it will left no time for small shortiests to act. Better to cover your position soonest before it is too late. It will be ugly when IB runs and step on each other to look for the exit when small shortiests still hope for miracle. Buy back all now before regrets.

It is always good to have a balance portfolio in investment to minimise the risks.
Especially for glove counters, the price has been hovering its pre-pandemic level.
It is not yet to be too late to buy certain amount just in case the situation gets deteriorated.

For shortiests as most play on margin needs to watch out carefully every minute for the stock price. Cover your position asap.

USD on the track to increase due to FED may up interest in the long term, JPM is in progress to retreat back to US. No point to risk in Bursa gaining in MYR while it is depreciating.

I say still 1.5 as JPM predicted, but in SGD. Bon weekend

There is nothing much can do, except wait for WHO announcement, but actual final report may take two weeks to be published. With so many mutations it is likely current vaccines effectiveness will be highly challenged.

Anything can overturn now, RSS will cover back sharply when negative covid news released. Left no time for small shortiests traders to cover.

Good luck to all and DYODD

Faster buy back and gain some before next week Monday opens up high to lose all.

RSS actually withdrawing, set bait for unknown traders to sell before they can escape.

This is significantly more than those of the delta variant, which spread like wildfire earlier this year to become the dominant strain worldwide. Many of these mutations are linked to increased antibody resistance, which may reduce the effectiveness of vaccines and affect how the virus behaves with regards to vaccines, treatments and transmissibility, health officials have said.
Quote from CNBC

You do not want to be caught with unexpected situations. Just to be on the safe side, always.