BUY BUY BUY ! THIS COUNTER IS AT A GREAT DISCOUNT ! IT IS VERY CHEAP NOW , SUPER DUPER CHEAP , DO NOT WAIT ANYMORE ! ALL IN ALL IN ! TP IS AT rm2 (FAIR VALUE)
Study more , do more research , no need simply buy or sell when some sifu master asking u sell or buy. This is my penny cents sharing hahahah But i am collecting , huhuhu
The super promoter now run to msc forum. Hiding there. He said in AYS forum that he wanted to donate money. But when people ask he quickly run away. Haha.
NEW YORK (March 12): Investors are rushing to recalibrate their portfolios for a potentially extended period of elevated commodity prices, as Russia’s invasion of Ukraine sparks eye-popping moves in raw materials that threaten to exacerbate inflation and hurt growth.
With the US economy already feeling the stress of a broad, post-Covid-19 boost in demand and a quick resolution to the West’s standoff with Russia in doubt, some investors are betting high commodity prices are likely to remain for the foreseeable future.
"This is a very unique environment that we’re in because you have both demand shocks and supply shocks to the system at the same time," said Eric Marshall, a portfolio manager at Hodges Capital.
Marshall believes demand for commodities is likely to remain strong even if geopolitical tensions ebb, fuelled by factors like electric car battery production, which requires metals such as copper and nickel. A US$1 trillion US infrastructure bill passed in November is increasing demand for steel, cement and other commodities, he said.
He is increasing his stake in steel producer Cleveland Cliffs Inc and agricultural companies Tyson Foods Inc and Archer Daniels Midland Co, while cutting positions in consumer companies most likely to feel the brunt of higher gas and commodities.
Matthew Schwab, portfolio manager of the Harbor Capital All-Weather Inflation Focus ETF, has increased his exposure to oil and metals futures. Prices for industrial metals are likely to stay high due to underproduction during the coronavirus pandemic, while oil companies appear content to trade lower production for higher prices, he said.
"You are able to see the signs of a commodity price rally in the lack of investment over the last decade," Schwab said.
Mark Khalamayzer, lead manager of the Columbia Commodity Strategy Fund, has increased his exposure to oil and agricultural commodities to the highest limits allowed by his fund prospectus, betting that the conflict in Ukraine will lead to prices spiralling higher.
Even as investors try to align their portfolios to expectations of higher raw materials prices, they are worried about how the rally in commodities could hurt growth.
The risk of a recession led by a sharp cutback in consumer spending rises the longer that oil prices stay high, said Robert Schein, chief investment officer, Blanke Schein Wealth Management.
"If oil prices stay well above US$100 per barrel for a few months, the consumer and economy can withstand this, but if US$100-plus oil prices last for more than six months, that's when we will see recession risk surge," he said.
Haha....ask ppl cut lost steel and swap to commodity stock like msc and palm stock when both at crazy high. Never learn from mistake. Again, both msc and palm stock, u will see he ask cut lost in next few week. Buy high and sell low champion.
The price of steel billet in the global market increased to around US$800 per tonne, up from $650 per tonne, in just one week, said Pravit Horungruang, a committee member of the EAF Long Product Steel Producers Association.
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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....
HuatRex
2,617 posts
Posted by HuatRex > 2022-03-10 12:48 | Report Abuse
It is normal as he always asked his subscribers to cut loss one. Always curse here and there not don't admit his mistake. Lolz