low interest rate and negative interest rate hurt bank's profit worldwide, thus index worldwide are down partly caused by the financial sectors.

heavy selling at HEVEA

Nikkei dropped 5% or 800 points...

yesterday, crude oil dropped to its lowest level since May, 2003 because of significant increases in OPEC production last month, but oil prices rebounded after UAE's energy minister said OPEC members prepared to cooperate on potential production cuts.

http://www.investing.com/news/commodities-news/nymex-crude-up-sharply-in-asia-on-renewed-output-cut-talks-effort-384384

swei, regional markets do not drop as much as expected.

AhmengGor, the alphabet before the number can tell you if it is a call warrant or put warrant. Call warrant if it is "C", put warrant if it is "H"
e.g HSI-C10 is a call warrant
HSI-H25 is a put warrant

please explore the following web site:
https://www.malaysiawarrants.com.my/tools

if oil price is the focus today, the DOW will drop tonight.

AhmengGor, let's wait if we can get HSI-HQ near RM0.40 again

swei, HSI-C14 is a better choice as its exercise price is closer to the index

AhmengGor, if I were you I would sell all or at least half of your HSI-HQ. HSI dropping 800 points is very very good day.

congratulations to those who bought HSI-HQ

crude oil is below the previous low U$27.50; brent oil is still above U$30

KLCI future is more than 10 points below current index

Tenaga is supporting the index. The buyer just buy small lots and usually 1 lot at a time to support it

The international reserves of Bank Negara Malaysia

RM379.4 billion (equivalent to USD100.5 billion) as at 15 July 2015
RM364.7 billion (equivalent to USD96.7 billion) as at 31 July 2015
RM356.4 billion (equivalent to USD94.5 billion) as at 14 August 2015
RM357.7 billion (equivalent to USD94.7 billion) as at 28 August 2015
RM360.1 billion (equivalent to USD95.3 billion) as at 15 September 2015
RM415.1 billion (equivalent to USD93.3 billion) as at 30 September 2015
RM418.0 billion (equivalent to USD94.1 billion) as at 15 October 2015
RM417.9 billion (equivalent to USD94.0 billion) as at 30 October 2015
RM417.2 billion (equivalent to USD93.9 billion) as at 13 November 2015
RM420.1 billion (equivalent to USD94.6 billion) as at 30 November 2015
RM421.6 billion (equivalent to USD94.9 billion) as at 15 December 2015
RM409.1 billion (equivalent to USD95.3 billion) as at 31 December 2015
RM408.5 billion (equivalent to USD95.1 billion) as at 15 January 2016
RM410.1 billion (equivalent to USD95.5 billion) as at 29 January 2016

Bonarda, hopefully so. But HSI-HQ is near recent lowest price, so it's not too bad to buy now.

skyhawk, still loading HSI-HQ?

volume very little.

export-based counters may be weak because Ringgit strengthens to 4.11 vs the US$ (touched RM4.09 last night)

Happy Lunar New Year to all CC members!

skyhawk, are you still loading HSI-HQ?

jake81, next time we have to monitor the following warrants:

HSI-C14
HSI-HQ

FBMKLCI-C9
FBMKLCI-H2

look at SHELL

ha, did not see the highlighted text below. Sorry!

twobits, thanks for the chart.

according to the chart, does it mean crude oil will continue to trend downwards in the very short term?

or do you think index is going to reach 1700 in the short term?

region, do you think it is start of a down trend towards 1600?

rchi and region, do you buy HSi-c20 because China index is green?

observing FGV, MYEG, Armada...

some of the telcos are down further at this moment

if not because of all the telcos, yesterday the index would have been up a lot

US$1 = RM4.20

note FGV and its call warrants

Dow dropped 222 points last night.

FCPO (RM2503) yesterday rose to the highest level since Jun 2014.

1.00 USD = 4.24

Crude oil = U$32.01; Brent oil = U$33.69

market should be up today (note that foreign fund was the net buyer the last 3 trading days)

StingRay, how can we see from volume that the operator is supporting? May I know which counters that you are referring to?


Posted by StingRay

Based on the volume, the operator is supporting it. No panic selling or minor force selling. Should be quite save at this level.

EG

MicroMB and quite a number of the counters. For Micromb, I will consider to re-enter if it goes down below 0.45. The operator has not exit yet which is a good sign.

The international reserves of Bank Negara Malaysia

RM379.4 billion (equivalent to USD100.5 billion) as at 15 July 2015
RM364.7 billion (equivalent to USD96.7 billion) as at 31 July 2015
RM356.4 billion (equivalent to USD94.5 billion) as at 14 August 2015
RM357.7 billion (equivalent to USD94.7 billion) as at 28 August 2015
RM360.1 billion (equivalent to USD95.3 billion) as at 15 September 2015
RM415.1 billion (equivalent to USD93.3 billion) as at 30 September 2015
RM418.0 billion (equivalent to USD94.1 billion) as at 15 October 2015
RM417.9 billion (equivalent to USD94.0 billion) as at 30 October 2015
RM417.2 billion (equivalent to USD93.9 billion) as at 13 November 2015
RM420.1 billion (equivalent to USD94.6 billion) as at 30 November 2015
RM421.6 billion (equivalent to USD94.9 billion) as at 15 December 2015
RM409.1 billion (equivalent to USD95.3 billion) as at 31 December 2015
RM408.5 billion (equivalent to USD95.1 billion) as at 15 January 2016

rchi, I believe a lot of us here have the same question. How do you determine whether it is a reverse or just minor correction? What are the criteria that you use?


Posted by rchi > Jan 22, 2016 10:56 AM

mkt reverse down,pls take appropriate action.

Dow Jones rebound, oil rebound, RM rebound. Banking stocks will get boosted today because surprise move by BNM lowering statutory reserve requirement for banks from 4.0% to 3.5%

selling pressure still exists... will lower buying price

region and rchi, what do you think about the price movement at EG? Forced selling?

Drop without news. Force selling kah? good to add...

sentiment very bad, chart technically very ugly. And looks like another article is coming. Volume is also huge the last couple of days so have to beware of short term selling pressure. If I were you I would sell first and buy back later.

limayseng, Warren Buffett's company Berkshire Hathaway does not pay a dividend

good stocks stay strong even though index is down 18 points... have to wait tomorrow

Mercury Securities has a Buy call on Ewein with target price of RM2.03. rchi, another fantastic pick. Congratulations!

http://www.thestar.com.my/business/business-news/2016/01/07/ewein-proxy-to-penang-property-play/

saltedfish has his own agenda, and he is not doing for the benefit of the other shareholders. If robertl and this saltedfish are sincere, they would have approached the management with all these before writing these things.

volume was high the last 2 days. Price will probably not up too much because of short term players taking profit. We have to wait after the contra period...

and all eyes will be on China again

the other Asia markets are down but not too bad, maybe our index will also behave like that

Yesterday oil price dropped to the lowest level in 12 years but strangely our index did not dropped as much as expected. Ringgit Malaysia actually improved from 4.42 to 4.38, which was also strange. Usually the index and our currency would be hit hard as foreign investors sell their shares. The volume was indeed higher than usual so the selling was there but apparently it was well defended by local funds as shown by the statistic below:

Retail : 46.28 / Institution: +248.91 / FF -295.19