darrenliew

darrenliew | Joined since 2012-12-25

Investing Experience Intermediate
Risk Profile Moderate

Followers

1

Following

1

Blog Posts

0

Threads

1,032

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
1,032
Past 30 days
23
Past 7 days
11
Today
0

User Comments
Stock

2016-11-06 13:16 | Report Abuse

SCARY WHEN I SEE SUCH ALERTS FROM LEADING ANALYSTS:
------------------------------------------------------------------------------------------

Red alert for US stocks with ‘very high’ chance of severe fall, warns HSBC
Gemma Acton | @GemmaActon
2 Hours AgoCNBC.com
"The possibility of a severe fall in the stock market is now very high," warn technical analysts at HSBC, who have dialed up the bank's outlook for U.S. stock markets to "red alert" following an aggressive wave of selling.
The warning heightens the note of caution in HSBC's tone from a September 30 report in which the bank issued a lower rated "orangealert", pointing to similarities between Dow Jones Index trading patterns seen just prior to the 1987 "Black Monday" stock market crash and now.
HSBC contends the "head and shoulders" shape - a visual representation of price trends which are seen to signify the approach of a market top – is currently in evidence for the industrials-focused index, saying the pattern has recently been tested and re-tested.
The report described Wednesday's sell-off as "broad-based" and as demonstrating "intense selling pressure", both factors in its decision to crank up the alert level.
The note highlights 17,992 points for the Dow and 2,116 points for the S&P 500 as the critical pivot points to watch for signs of a broader capitulation.
--------------------------------------------------------------------------------------------------------------------
DOW is breaking 18000?
| Publish date: Wed, 2 Nov 2016, 11:37 AM |
________________________________________

8.15am : DOW hit 18000 level now ... as I m watching it to break (short).

11.05 am : DOW broken 18000 ... short in FKLI.
--------------------------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------------------
Icahn: I'm 'more and more' concerned about the stock market
Berkeley Lovelace Jr. | @Blovelace_Jr
-------------------------------------------------------------------------------------------------------------------
David Stockman warns both Trump and Clinton could lead to 25% sell-off
Brian Price | @PriceCNBC
5 Hours AgoCNBC.com

David Stockman, the man widely credited as the "Father of Reaganomics", delivered an alarming message to investors.
Sell everything!
ADVERTISING
inRead invented by Teads
"The markets are hideously inflated," warned Stockman on CNBC's "Fast Money" this week. The former Director of the Office of Management and Budget under President Ronald Reagan urged investors to dump stocks and bonds ahead of the dangers that both Donald Trump and Hillary Clinton pose to markets if either is elected as President.
-----------------------------------------------------------------------------------------------------------------------
HOW TO INVEST WHEN FACED WITH SUCH FORECASTS?
JUST MY OWN DILEMMAS .
JUST SHARING

Stock

2016-11-06 12:57 | Report Abuse

GETTING WORRIED
BRACING FOR HIGH VOLATILITY AND VULNERABILITY NEXT WEEK ARISING FROM NEGATIVE IMPACT NO MATTER WHO WINS THE US ELECTION.
A TRUMP PRESIDENCY WILL BE BAD DUE TO HIS DISRUPTIVE TRADE POLICIES ESPECIALLY HIS THREATS TO IMPOSE 45% IMPORT DUTIES AGAINST CHINESE EXPORTS
(CHINA'S ECONOMY WILL BE GREATLY HIT WITH DOMINO FALLOUTS ON ASEAN ECONOMIES)
A CLINTON WIN WILL ALSO NOT BE A WINNER FOR STOCKS DUE TO THE POLITICAL UNCERTAINTIES CAUSED BY LEGAL ACTIONS BY TRUMP/REPUBLICAN PARTY TO BLOCK AND IMPEACH HER RELATING TO HER ILLEGAL DELETIONS FROM HER PRIVATE EMAIL SERVER FOR WHICH THE FBI HAD REOPENED INVESTIGATIONS.)
THESE ARE MY WORRIES

Stock

2016-11-05 11:10 | Report Abuse

BRACING FOR HIGH VOLATILITY AND VULNERABILITY NEXT WEEK ARISING FROM NEGATIVE IMPACT NO MATTER WHO WINS THE US ELECTION.
A TRUMP PRESIDENCY WILL BE BAD DUE TO HIS DISRUPTIVE TRADE POLICIES ESPECIALLY HIS THREATS TO IMPOSE 45% IMPORT DUTIES AGAINST CHINESE EXPORTS
(CHINA'S ECONOMY WILL BE GREATLY HIT WITH DOMINO FALLOUTS ON ASEAN ECONOMIES)
A CLINTON WIN WILL ALSO NOT BE A WINNER FOR STOCKS DUE TO THE POLITICAL UNCERTAINTIES CAUSED BY LEGAL ACTIONS BY TRUMP/REPUBLICAN PARTY TO BLOCK AND IMPEACH HER RELATING TO HER ILLEGAL DELETIONS FROM HER PRIVATE EMAIL SERVER FOR WHICH THE FBI HAD REOPENED INVESTIGATIONS.)
THESE ARE MY WORRIES

Stock

2016-11-04 11:43 | Report Abuse

GETTING WORRIED

Stock

2016-11-03 15:50 | Report Abuse

COMPARITIVELY MALTON'S CAPITAL BASE IS MUCH SMALLER AND HENCE GOT LOTS OF ROOM TO EXPAND TO SUPPORT ITS BUSINESS GROWTH

Stock

2016-11-03 15:45 | Report Abuse

CONCERNS NOT JUSTIFIED. IT IS IN DESMOND'S SELF INTEREST TO CONTINUE TO SUPPORT MALTON'S BUSINESS

Stock

2016-11-03 15:40 | Report Abuse

DOES NOT MATTER. DESMOND MAJOR SHAREHOLDINGS IN MALTON REMAINS. DESMOND WILL ALSO BENEFIT WHEN CONTRACTS FLOWS TO MALTON. IT WILL CONTINUE TO BENEFIT DESMOND WHEN MALTON CONTINUES TO GROW

Stock

2016-11-03 15:00 | Report Abuse

NOT TRUE. DESMOND REMAINS THE MAJOR SHAREHOLDER OF MALTON.
HE NOW HAS HIS YOUNGER BROTHER AS MALTON'S CEO. HE IS VERY QUALIFIED.
ITS ONLY NATURAL FOR DESMOND TO GIVE MORE TIME TO MANAGE WCT AS HE INVESTED A LOT OF MONEY IN IT. MALTON WILL STILL IN GOOD HANDS AS DESMOND IS STILL ITS EXECUTIVE DIRECTOR CUM MAIN SHAREHOLDER

Stock

2016-11-03 13:55 | Report Abuse

MALTON N WCT NOW HAVE A COMMON MAJOR SHAREHOLDER CUM
EXECUTIVE/DIRECTOR. WCT HAS LOTS OF POTENTIAL. HENCE LIKELY
TO HAVE SUBSTANTIAL SYNERGISTIC BUSINESS TIE UPS.
MALTON WILL BE THE BENEFICIARY OF MANY NEW CONSTRUCTION
CONTRACTS

Stock

2016-10-30 17:16 | Report Abuse

MORE ERRORS ON COMPARITIVE DIVIDEND YIELDS

MALTON'S DY OF 3.85% IS VERY MUCH HIGHER THAN THAT OF JTIASA'S 0.93%).
ACTUALLY HIGHER BY MORE THAN 3 x

Stock

2016-10-30 17:08 | Report Abuse

PURELY FOR COMPARITIVE EXCHANGE OF VIEWS BASED ONLY ON CURRENT DIVIDEND YIELDS AND NTAs. ( note that Jtiasa may have its own intrinsic fundamental values being in the Plantation sector, etc, )

MALTON'S FUNDAMENTALS ARE STRONG.

BESIDES ITS HIGHER DY, IT ALSO HAS A BIGGER MARGIN OF SAFETY
(MALTON'S NTA AT 1.65 IS ALSO SUPERIOR TO THAT OF JTIASA'S 1.88
BECAUSE MALTON'S SHARE PRICE IS ONLY 0.65( WAY BELOW ITS NTA) AGAINST JTIASA'S 1.40 PRICE (WHICH IS ALREADY ABOVE ITS NTA.)

Disclaimer : personal opinions only purely for exchange of info & discussions. NOT Calls to buy or sell any stocks/shares)

Stock

2016-10-30 16:53 | Report Abuse

SORRY. ERROR.
JTIASA'S PRICE 1.40 IS ALSO BELOW ITS NTA 1.88 BUT MALTON'S MARGIN OF SAFETY IS MUCH BIGGER

Stock

2016-10-30 16:50 | Report Abuse

MALTON'S FUNDAMENTALS ARE STRONG.

BESIDES ITS HIGHER DY, IT ALSO HAS A BIGGER MARGIN OF SAFETY
(MALTON'S NTA AT 1.65 IS ALSO SUPERIOR TO THAT OF JTIASA'S 1.88
BECAUSE MALTON'S SHARE PRICE IS ONLY 0.65( WAY BELOW ITS NTA) AGAINST JTIASA'S 1.40 PRICE (WHICH IS ALREADY ABOVE ITS NTA.)

Disclaimer : personal opinions only purely for exchange of info & discussions. NOT Calls to buy or sell any stocks/shares)

Stock

2016-10-30 16:49 | Report Abuse

MALTON'S HIGH DIVIDEND YIELD CAN BE SEEN WHEN COMPARED TO OTHERS, EG JTIASA

MALTON'S DY : 3.85 % ( DIVIDEND (2.5 SEN OVER SHARE PRICE OF 0.65 )

JTIASA'S DY : 0.93 % (DIVIDEND (1.3 SEN OVER SHARE PRICE OF 1.40 )

(MALTON'S DY IS ALMOST DOUBLE THAT OF JTIASA'S )

Stock

2016-10-30 08:08 | Report Abuse

WITH THE JUST DECLARED HIGH DIVIDEND YIELD OF 3.82% WITH ITS EX D DATE JUST A MONTH AWAY ,THESE INSTITUTIONAL INVESTORS WILL LIKELY HOLD TO EARN THEIR DIVIDEND INCOME. THEY MAY EVEN BUY MORE TO GENERATE MORE DIVIDEND INCOMES FOR THEIR FINANCIAL YEAR END CLOSING 31/12/2016. BESIDES MALTON'S DIVIDEND YIELDS BEING MUCH HIGHER THAN BANK FD INTEREST INCOME OR INTERBANK MONEY MARKET INTERESTS, MALTON POSSESS STRONG FUNDAMENTALS WITH GOOD POTENTIAL SHARE PRICE UPSIDE (CAPITAL GROWTH) AS MALTON GROWS ITS PROFITS

Stock

2016-10-28 15:02 | Report Abuse

WAITING FOR THE DIVIDEND AS WELL AS CAPITAL GROWTH (SHARE PRICE INCREASE) AS WE GO NEARER TO THE EX DATE AND AS GOOD ANNOUNCEMENTS ARE MADE OVER TH NEXT FEW WEEKS

Stock

2016-10-28 14:58 | Report Abuse

NO. NOT AT ALL.
COMFORTABLE WITH MY HOLDINGS WAITING TO EARN THE HIGH DIVIDEND YIELD OF 3.82% WITH ONLY 1 MONTH (EX DATE 29/11) AND 2 MONTHS (PAYMENT DATE 31/12/16)
WAITING TIME.
ANYONE HAVING 100,000 SHARES IN MALTON WILL EARN RM2,500 IN 2 MONTHS TIME WHILE THOSE WHO PLACE IN FD THEIR MONEY OF SAME VALUE WILL ONLY GET RM567 (LESS BY RM1943 AND HAVE TO WAIT LONGER BU ANOTHER MONTH)

I AM GOOD AND HAPPY

Stock

2016-10-28 11:40 | Report Abuse

DUE TO THE PRIME LOCATION OF BUKIT JALIL IT WAS NOTED THAT ITS LATER PHASES ARE SELLING WELL. THIS AUGERS POSITIVELY FOR MALTON

Stock

2016-10-28 11:35 | Report Abuse

BJ PROJECT WAS LAUNCHED AT WITH A VERY GOOD TIMING. ABOUT 2.5 YEARS AGO WHEN THE PROPERTY MARKET WAS STILL STRONG. HENCE ITS EARLIER PHASES WERE ALL SOLD OUT. HENCE THE REMAINING PHASES MAY NOT NEED MUCH FUNDING AND SHOULD IN FACT BE SUPPORTED BY THE PROGRESSIVE COLLECTIONS FROM THE UNBILLED SALES.
FURTHERMORE THE INCOMING RM50M CASH RECEIVABLE FROM ECOWORLD WILL BOOST ITS CASH HOLDINGS AND CASH FLOWS. IN ADDITION MALTON'S GAERING WILL BE GREATLY REDUCED BY 97M UPON SETTLEMENT BY ECOWORLD.
HENCE MALTON'S FUNDAMENTALS REMAIN STRONG AND BECOMING STRONGER

Stock

2016-10-28 11:01 | Report Abuse

OF COURSE A BUMPER PROFIT IF ENHANCED BY A SPECIAL DIVIDEND WILL BE EVEN BETTER

Stock

2016-10-28 10:59 | Report Abuse

THE EXPECTATION OF A POTENTIAL SPECIAL DIVIDEND IS BASED ON EXPECTED GOOD BUMPER PROFITS OF RM58M IN THE COMING QUARTER RESULTS ( WITH THE RECOGNITION OF CAPITAL GAIN 36.3M). THERE IS NOTHING TO PREVENT THE COMPANY FROM DECLARING IT. MANY GOOD COMPANIES DO IT.
THE WHOLE YEAR'S PROFITS FOR LAST YEAR WAS 37M. HENCE WITH A PROFIT OF 58M JUST FOR 3 MONTHS IN ANY OF ITS QUARTER RESULTS FOR CURRENT FINANCIAL YEAR CAN SUPPORT ITS SHARE PRICE INCREASE (CAPITAL GROWTH LIKE SOME READER SAID ABOVE). IMAGINE JUST 1 QUARTER'S PROFIT IF REPORTED TO BE 58M WILL FAR EXCEED THE WHOLE OF LAST YEAR'S PROFIT OF 37M.
SURELY THIS NEWS WILL BUMP UP MALTON'S SHARE PRICE.

Stock

2016-10-28 10:37 | Report Abuse

NOT NOW BUT IN THE COMING QUARTERS WHEN THEIR RESULTS REPORTED BUMPER PROFITS.
ASDUMING 4Q PROFITS REMAINED AT 22M THEN ITS CAPITAL GAIN
OF 36.3M = 58.3M JUST FOR THAT QUARTER.
CAN DECIDE TO REWARD LOYAL SHAREHOLDERS WITH A SPECIAL DIBIDEND.

Stock

2016-10-28 10:07 | Report Abuse

STARTED COLLECTING FROM 0,60 ONWARDS.
SOUND FUNDAMENTALS AND GOOD BUSINESS PROSPECTS AND POTENTIAL WHICH CAN BE UNLOCKED WITH BETTER PROFITS AND BIGGER BUSINESS CONTRACTS.
MEANWHILE HOLD AS INVESTMENTS AND EARN THE HIGH DIVIDEND YIELDS

Stock

2016-10-28 09:51 | Report Abuse

BEYOND 0.70 TO .80 CAN BE ATTAINED WHEN REALLY GOOD NEWS ARE SEEN

Stock

2016-10-28 09:49 | Report Abuse

DIVIDEND EX DATE IS 29 NOVEMBER.
WITH POSITIVE NEWS PROGRESSIVELY ANNOUNCED AND AS WE APPROACHED NEARER TO THE DIVIDEND EX DATE, WE SHOULD BE ABLE TO SEE SHARE PRICES GO HIGHER TO THE 0.685 TO 0.70 RANGE.

Stock

2016-10-28 08:12 | Report Abuse

AS INVESTORS WE AIM FOR MORE FINANCIAL RETURNS
LET US HOPE FOR MORE REWARDS BY WAY OF A " SPECIAL DIVIDEND" GOING FORWARD WHEN ALL THE GOOD ANNOUNCEMENTS ON CORPORATE ACTIONS ARE RELEASED (ESPECIALLY THE RECEIPT OF RM50M CASH FROM ECOWORLD AND THE MUCH HIGHER QUARTERLY PROFITS REPORTS (WITH THE RECOGNITION OF CAPITAL GAIN RM36.3M FROM THE REVOCATION FEE)

Stock

2016-10-28 08:00 | Report Abuse

MALTON'S DIVIDEND GIVES MUCH HIGHER CASH RETURNS THAN BANK FIXED DEPOSITS
___________________________________________________________________________
100,000 SHARES @ 0.655 = RM65,550
100,000 SHARES @ DIVIDEND OF 2.5 SEN = RM2.500 (in 2 months time)

BANK FD RM65,550 @ 3.4 % PER ANNUM = RM 557 (in 3 months time)

(65,550 x 3.4 % x 3 divided by 12 )

FOR THE SAME PRINCIPAL INVESTMENT MALTON CASH RETURN IS RM1,943 MORE THAN BANK FD AND ALSO MORE QUICKLY

Stock

2016-10-27 22:44 | Report Abuse

ALL THESE IMPENDING ANNOUNCEMENTS ARE IN THE PIPELINE TO BE RELEASED OVER THE NEXT FEW WEEKS OR MONTHS AND SHOULD ACT AS CATALYSTS TO BOOST ITS SHARE PRICE GOING FORWARD

Stock

2016-10-27 22:04 | Report Abuse

UPON THE ANNOUNCEMENTS OF ALL THE ABOVE , THEN WE CAN SEE THE REALISTIC PROSPECT OF A SPECIAL DIVIDEND ON TOP OF THE CURRENT DIVIDEND. THEN WE WILL DEFINITELY SEE CAPITAL GROWTH

Stock

2016-10-27 22:00 | Report Abuse

THE REVOCATION FEE OF 50M, THE REDUCTION IN GEARING BY 97M ARE FACTUAL, BASED ON BURSA ANNOUNCEMENTS. THE EXPECTED BIG JUMP IN NEXT Q PROFITS ARE ALSO REALISTIC BEING BOOSTED BY THE CAPITAL GAIN OF 36.3M. THE IMPENDING AWARD OF BIG CONSTRUCTION CONTRACTS BY THE PAVILION GROUP FOR ITS PHASE 2 OF THE BUKIT DAMANSARA PROJECT IS A GIVEN AS IT'S NORMAL AND WISE TO GIVE THE CONTRACTS TO A MEMBER OF THE PAVILION GROUP (AND THE PROJECT HERE IS HUGE (RM7B).

ALL THESE POSITIVE CATALYSTS WILL SUPPORT AND INCREASE MALTON'S SHARE PRICE (I.E. CAPITAL GROWTH) EVEN AFTER IT WENT EX DIVIDEND ON 29TH NEXT MONTH

Stock

2016-10-27 21:42 | Report Abuse

Capital Growth after ex D will come with the announcements of better profits in the next Q results, the receipt of the balance of revocation fee rm45m cash from Ecoworld and the settlement of the rm97m related loan Plus the award of mega construction contracts by the Pavilion Group for Phase 2 of the Bukit Damansara project.
All these should be in the pipeline

Stock

2016-10-27 21:29 | Report Abuse

Current Dividend is 2.5 sen
Looking forward to its prospective Special Dividend in the next Q results which is expected to very strong based on the above

Stock

2016-10-27 20:45 | Report Abuse

AGREE. UPSIDE POTENTIAL WILL BE GOOD.
FY2017 WITH ITS 1Q STARTING 1/7/16 TO 30/9/16 WILL SEE GREAT RESULTS TO BE ANNOUNCED NEXT MONTH

Stock

2016-10-27 19:38 | Report Abuse

MALTON WILL ALSO RECEIVE RM50M CASH AS REVOCATION FEE. ( IN ADDITION TO HAVING RELATED FINANCING RM97M BEING PAID OFF BY ECOWORLD)

Stock

2016-10-27 19:34 | Report Abuse

1) DIVIDEND OF 2.5 SEN GIVES A YIELD OF 3.82% (BETTER THAN BANK FD's 3.4 % NOW)
PAYMENT RECEIVABLE IN 2 MONTHS TIME.
2) NEXT Q RESULTS WILL BE VERY STRONG. ASSUMING ITS STAYS SAME AS 4Q AT RM22M + 36.3M CAPITAL GAIN FROM THE REVOCATION DEAL WITH ECOWORLD, ITS 1Q PROFITS WILL JUMP TO RM58M.

ECOWORLD WILL ALSO PAY OFF RELATED LOAN OF RM97M THUS SIGNIFICANTLY REDUCING MALTON'S GEARING AND BANK INTEREST COSTS AND HENCE INCREASING ITS PROFITS AND FREE CASH FLOWS.
WITH SUCH BIG FINANCIAL BENEFITS, PROSPECTS ARE BRIGHT FOR A
SPECIAL DIVIDEND IN THE NEXT Q RESULTS.

BUKIT JALIL DEVELOPMENT PROJECT IS PROGRESSING WELL.
ADDITIONAL BIG CONSTRUCTION CONTRACTS FROM BUKIT DAMANSARA NEW TOWN CENTRE/PAVILION MALL (2ND PHASE) WILL BE RECEIVED FROM ITS PARENT PAVILION GROUP.

Stock

2016-10-26 17:44 | Report Abuse

YES. BREAKOUT ON THE UPSIDE

Stock

2016-10-25 13:38 | Report Abuse

UPDATES/REVIEW OF MALTON'S FINANCIALS AND PROSPECTS(based on its FYE 30/6/2016)
---------------------------------------------------------------------------------------------------------------------------
CAPITAL BASE RM448M (PAR RM1)
NTA per share RM1.65
EPS 8.3 SEN
RETAINED EARNING RM268M
CASH/BANK DEPOSITS RM97M
PROSPECTIVE DIVIDEND 3 SEN YIELDING A RETURN OF 4.8% (LIKE PREVIOUS YEARS BUT CAN BE SLIGHTLY MORE)

POSITIVE CATALYSTS
==================
1) DIVIDEND ANNOUNCEMENT BY THIS MONTH END
2) IMPENDING ANNOUNCEMENTS ON NEW/ADDITIONAL BIG CONSTRUCTION CONTRACTS FROM THE PAVILION GROUP (IN-HOUSE AWARDS FOR PHASE 2 OF THE BUKIT DAMANSARA NEW TOWN CENTRE)
3) INCOMING RM50M CASH (AS REVOCATION FEE) FROM ECOWORLD WHICH WILL ALSO PAY OFF MALTON'S RM97M LOAN RELATED TO THE REVOKED JOINT VENTURE. HENCE MALTON'S BORROWINGS/GEARING WILL BE REDUCED BY RM97M
4) MALTON WILL RECOGNISE A CAPITAL GAIN OF RM36.3M THUS BOOSTING ITS BOTTOM LINE PROFITS.

PROSPECTS LOOKING VERY GOOD

Stock

2016-10-17 17:35 | Report Abuse

WILL NOW HAVE QUITE A TIDY AMOUNT OF CASH TO WAIT FOR BUYING OPPORTUNITIES WHEN THE MARKET CORRECTS TO LOWER PRICE LEVELS WHEN IT BECOMES AFFECTED BY ALL THESE UNCERTAINTIES. WILL HAVE A CLEARER MARKET DIRECTION BY EARLY DECEMBER

Stock

2016-10-17 17:30 | Report Abuse

PERSONALLY I BECAME VERY TIRED OF HOLDING SO LONG HOPING AND WAITING FOR ITS DIVIDEND ANNOUNCEMENT FOR THE CURRENT YEAR.
DISAPPOINTED THAT THERE WAS NO DIVIDEND WHEN ITS 2Q/HALF YEAR RESULTS WAS RELEASED. DECIDED TO WAIT TILL NOVEMBER FOR ITS 3Q RESULTS AND HOPE TO GET A DIVIDEND THEN.
BUT LAST FRIDAY'S ANNOUNCEMENT THAT IT HAD USED RM280M FOR EARLY REDEMPTION OF ITS MTN LOAN MADE ME WONDER IF THIS USAGE OF ITS CASH WAS AT THE EXPENSE OF PAYING A DIVIDEND COME NOVEMBER (AS LESS CASH WILL AVAILABLE FOR DIVIDEND PAYMENT).
WITH THIS DOUBT AND BCOS OF THE MANY MAJOR ECONOMIC/POLITICAL UNCERTAINTIES NEXT MONTH (USA ELECTION AND INTEREST RATE HIKE N BERSIH5)
I FINALLY LIQUIDATED MY TROP

Stock

2016-10-17 08:01 | Report Abuse

Red alert for US stocks with ‘very high’ chance of severe fall, warns HSBC
Gemma Acton | @GemmaActon
2 Hours AgoCNBC.com
"The possibility of a severe fall in the stock market is now very high," warn technical analysts at HSBC, who have dialed up the bank's outlook for U.S. stock markets to "red alert" following an aggressive wave of selling.
The warning heightens the note of caution in HSBC's tone from a September 30 report in which the bank issued a lower rated "orangealert", pointing to similarities between Dow Jones Index trading patterns seen just prior to the 1987 "Black Monday" stock market crash and now.
HSBC contends the "head and shoulders" shape - a visual representation of price trends which are seen to signify the approach of a market top – is currently in evidence for the industrials-focused index, saying the pattern has recently been tested and re-tested.
The report described Wednesday's sell-off as "broad-based" and as demonstrating "intense selling pressure", both factors in its decision to crank up the alert level.
The note highlights 17,992 points for the Dow and 2,116 points for the S&P 500 as the critical pivot points to watch for signs of a broader capitulation.
Clinton will win election, but expect ‘nasty time’ for the markets, David Stockman says
Annie Pei
While many analysts believe the market will pop given a Clinton victory, Stockman believes the economy is in trouble regardless of the result.
This is because Stockman predicts Congress will be "totally dysfunctional" once Clinton is in office, as lawmakers may not be able to come together and work out solutions leading to economic growth given how many divisions the election has caused.
What could make it even worse, according to Stockman, is political action taken against Clinton within the first few months of her presidency.
"I think it's going to be so contentious in the House because [Paul]Ryan has moved to protect his House majority, that it's very likely that investigations will begin immediately," he said. "And within any kind of excuse, they will try to impeach Hillary Clinton barely after she gets in office."
In other words, political gridlock and a Clinton impeachment could be on the way, and the market will be a victim.
"When the stock market stumbles and the economy begins to actually register negative growth, which I think is coming if not next quarter certainly in the first half of next year, there's going to be nothing below and the market is going to go through a massive contraction," said Stockman.
"I think it's going to be a very nasty time in the year ahead," he added.
IF TRUMP WINS, VERY NEGATIVE FOR WORLD ECONOMY AND POLITICS DUE TO HIS PROFESSED DISRUPTIVE POLICIES.
BUT NOW EVEN A CLINTON WIN WILL ALSO BE BAD (per above)
PERSONALLY NOW IN A CAUTIOUS STANCE DUE TO THE ABOVE RISKS NEXT MONTH
PLUS WORLD MARKETS NEAR ALL TIME HIGH.
ADDITIONAL ECON & POLITICAL TENSIONS FROM USA INTEREST RATE HIKE IN NOV OR DEC AND BERSIH5 ON 19/11.
SAFER TO WAIT UNTIL AFTER ALL ABOVE UNCERTAINTIES ARE OVER
(Disclaimer: my personal views only. Not calls to buy or sell any shares/counters)

Stock
Stock

2016-10-14 19:55 | Report Abuse

NORMALLY THE 2 ANNOUNCEMENTS WILL MADE FIRST TO BE APPROVED
AT THE COMING AHM

Stock

2016-10-14 19:35 | Report Abuse

Share buy back mandate

Stock

2016-10-14 19:05 | Report Abuse

PROPOSAL TO RENEW SHARE BACK MANDATE N RELATED PARTY TRANSACTIONS (RPT)
AT AGM. EXPECT 3 BIG ANNOINCEMENTS
DIVIDEND
BIG CONTRUCTION CONTRACTS FOR MALTON NY PARENT PARENT PAVILION
GROUP (RPT INHOUSE) FOR PHASE 2 BUKIT DAMANSARA PROJECT
RM50M REVOCATION FEE FROM ECOWORLD
STARTING NEXT WEEK PRICE UPTREND STRONGER N FASTER

Stock

2016-10-14 11:02 | Report Abuse

GOOD SIGN. 0.645 RESISTANCE BECAME SUPPORT LINE.
VERY LIKELY THERE ARE SOME ADDITIONAL GOOD NEWS COMING

Stock

2016-10-13 13:20 | Report Abuse

UPDATE. LATEST CHINA ECONOMIC DATA . A SHOCKING 10% SLUMP ON EXPORTS. USA DOW FUTURES NOW DOWN TRIPLE DIGIT POINTS.
HOW?

Stock

2016-10-11 23:04 | Report Abuse

IS IT BASED ON TECHNICAL CHART INDICATORS?

Stock

2016-10-11 16:36 | Report Abuse

ACTUALLY THE MAIN BUYER WAS WILLING TO BUY AT HIGHER PRICES TO ACCELERATE UPTREND BASED ON ITS CONVICTIION THAT SOME ADDITIONAL VERY GOOD NEWS ( BESIDES DIVIDEND N THE 50M CASH FEE) IS COMING.
BUT SINCE STILL GOT SELLERS THEY
ARE PATIENTLY COLLECTING MORE FIRST

Stock

2016-10-11 16:13 | Report Abuse

Sellers supplies will be exhausted soon

Stock

2016-10-10 20:57 | Report Abuse

GOOD NEWS CATALYSTS INCLUDING DIVIDEND ANNOINCEMENT N THE RM50M REVOCATION
FEE IN CASH HAPPENING SOON.