Posted by MoneyMakers > 17 minutes ago | Report Abuse Last time all happy under PN/moo moo (pro biz/econ) Thought can happier under PH madani but totally disaster bursa/rm laosai kikiki ------------------
We can help MM to recover her trading losses. MM says PN (PAS) can bring back FF, MYR strong and KLCI strong bull. Lets vote for PAS.
Aiya 10% below expectation only, private sector on Thursday double the expected numbers. More than enough to square off Friday’s numbers. You didn't see dow drop on Thursday n Friday meh?
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Private sector companies added 497,000 jobs in June, more than double expectations, ADP says PUBLISHED THU, JUL 6 20238:15 AM EDT
Posted by MoneyMakers > 1 hour ago | Report Abuse As usual AngTKlown wrong AGAIN - silly silly fella kikiki “Friday - US June jobs report (NFP) disappoints with 209K rise (225K expected)” ————————— Posted by AngTayKor > 1 day ago Fed hiking another 0.25% is almost a certainty at next FOMC meeting. Im expecting a strong job data this Friday.
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Aiya later this month you see FOMC got hike again or not lor. Dow everyday LS looks like Fed hiking agina wor...l
Wait ah I show you your record again see who is the best reverse indicator here.........
MM ah, you are still the Best of the Best. Hahaha...
Posted by MoneyMakers > | Report Abuse Ding3 new low unlocked - delicious discount Hopefully nxt week can get strong rebound back to 4.5 => Price collapsed to 4.0+ a week later ----------- Posted by MoneyMakers > | Report Abuse GenT 5yrs ago rm8 - now rm4 - nxt 5yrs prob rm2 (longterm downtrend) => Price rallied over 5% immediately from rm4.11 to rm4.35 in 1 hr. ------------ Posted by MoneyMakers > | Report Abuse Woww AMAZING late rally - lai lai lets get back to 4.5 pls!! => Price collapsed to rm4.17 by 9.30am on the next trading day. => Price further collapsed to 4.02 abt a week later.
Aiya MM ownself say ownself right. Self declare she is right abt BNM, USA mkt, FF run road etc. Opinions wrong also nevermind la, make the right trades more important. Make wrong trades nevermind also la just correct the wrong by cutting loss. Can understand why MM like to self-claim nonsensical victories to do some self-comfort for her monetary trading losses.
ATK not God, my opinions may be wrong also. Only deluded retiree MM always think she is always right.
Now stock market sentiment n trend are bad. The correct strategy is to sell on rebound. Next time when the uptrend is firm, professional will show amateur MM what is the real trading skill immediately buy immediately huat. Hope is not a good strategy when you are dealing with stock market.
MM ah, you are still the Best of the Best. See your own track record la. Hahaha...
Posted by MoneyMakers > | Report Abuse Ding3 new low unlocked - delicious discount Hopefully nxt week can get strong rebound back to 4.5 => Price collapsed to 4.0+ a week later ----------- Posted by MoneyMakers > | Report Abuse GenT 5yrs ago rm8 - now rm4 - nxt 5yrs prob rm2 (longterm downtrend) => Price rallied over 5% immediately from rm4.11 to rm4.35 in 1 hr. ------------ Posted by MoneyMakers > | Report Abuse Woww AMAZING late rally - lai lai lets get back to 4.5 pls!! => Price collapsed to rm4.17 by 9.30am on the next trading day. => Price further collapsed to 4.02 abt a week later. ---------
Posted by MoneyMakers > | Report Abuse Yayy AngTK advise sell again Hopefully history repeat - evening session turn ‘green’ kikiki --------------
ATK: Wrong again, closed red instead. Anyway, ATK only advising MM if she scared, can always choose to cutloss. Its ok to cutloss, professionals cutloss very often also. No need to blame PH, FF etc for your trading losses. Later MM's losses balloon even bigger ya... then even more blaming KBKB here. ------------ Posted by MoneyMakers > | Report Abuse Relax AngTK wait tomorrow green Usually when u advise sell, nxt morning green kikiki --------------
This is a financial war between US and China...considering China's property debt crisis, US will keeps "printing" to maintain interest rates high.. high, it's unlikely to decrease in the near term and mid term
To tame the redhot property market and... avoid adding fuel to the economy, China has implemented a restrictive monetary policy... no expansionary measures to stimulate the economy.
""The West is quietly pumping.. to hold interest rates high"", while China has no choice... can only lower the bank reserve ratio. Genting investors, on the other hand..., have no choice but to endure the up and down of the share price roller coaster... 唉
Posted by MoneyMakers > 10 minutes ago | Report Abuse Another boring day/week - FF run no comeback Tq PH madani bursa/rm laosai ----------------
Aiya MM KBKB here also no use. FF run road due to MYR negative carry. Election coming. Tiong tourists not coming back anytime soon. There is no bullish catalyst now and full of headwinds to drag share price lower. Professionals will also kena bad trading positions but they take action and cutloss decisively. Trading losses are common la best to keep them small and manageable. Next trading opportunity can easily make back the small loss + profit. MM waited and hoping for rebound over 2 months liow still hoping. There were several small rebounds over the past 2 months but you didnt act quickly. Later market selldown again you will miss the exit chance and losses balloon bigger.
Professionals cutloss decisively. Amateurs always whine, complain, hesitate n hoping for the elusive rebound. The first trading skill amateur traders need to learn is to cutloss decisively when wrong. Get out of bad trades. Cheap can get cheaper and cheaper, then even cheaper. Never become an involuntary long term investor.
"Cut your losses. Cut your losses. Cut your losses. Then maybe you have a chance."
Posted by MoneyMakers > 25 minutes ago | Report Abuse Congrats PH madani FF nonstop run (bursa/rm laosai) KL: FF continue selling streak on Bursa for 12th consecutive week ---------------
Then why you didnt sell together with FF? Complain here no use. Take action. Follow the trend.
The energy transition.. Trailing and forward price to earnings ratio (PE ratio) in the energy & environmental services sector in Western Europe 2023, by industry
According to Statista, the power company and renewable energy sector has trailing PE of over 50 because of the energy crisis. The forward PE is around 14 to 30 as shown.. don't miss out on the Green Growth
Bank Negara Malaysia's foreign currency reserves have dipped below US$100.0 billion for the first time since November 2022, partially due to its intervention in the foreign exchange (forex) market.
No wonder FF run road n forex shorties' fav target. Not much bullets left to defend MYR. If spend billions to defend currency, going to become like sri lanka no more reserve currency to do trade imports
Ang moh's politicians 是沒有口德和道德可言,if they purposely hold the interest rates high..high, by maintaining the inflation at around 4%..won't be surprised, many countries going to become like sri lanka. But China 也不是省油的灯, that's why this high interest rates environment may continue into 2024..
Walau weh, possible or not klci drop, drop, drop. GB going down 3.80, 3.60, 3.40 ? yummy if can Get By 3.30. Come on GB, get down on your knees. GraB at 3.30.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2023-07-07 15:40 | Report Abuse
https://www.reuters.com/markets/major-banks-cut-china-2023-gdp-forecasts-recovery-falters-2023-06-16/
Major banks cut China 2023 GDP forecasts as recovery falters
https://www.cnbc.com/2023/06/27/hsbc-global-economies-are-out-of-sync-2024-will-be-a-year-of-contraction.html
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024