With our imagination, the ideas are limitless. We can think of how vast is our plan/project and our minds can cross the international borders. But with our reasoning, we can restrict our progress, for good and for bad.
The essence of a man is his soul and the body is just a piece of meat. When the soul depart from the body, the soul will be returned to the owner/God and the body will be decaying.
BUY and keep if able because the P/E can not be so low (<2). Madness, IB can continue to ignore until it is RM1.60 only or planted this bad ideology that the business is no longer very good.
NEW YORK/BENGALURU (Nov 29): Bargain buying in technology stocks drove Wall Street higher on Monday following a slump related to Omicron, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant.
The S&P technology subindex jumped 2.1%, indicating investors were likely favouring pandemic-resistant technology stocks amid growing fears of Omicron.
2 hours ago (20:23 GMT) Hospitalisations in Michigan surge Michigan’s number of hospitalised adults with confirmed COVID-19 cases reached a new pandemic high of nearly 4,200 as the state continued to confront surging infections.
The total of 4,181 surpassed the previous record of 4,158, which was set seven months ago during the state’s third wave.
Only Minnesota had a higher seven-case case rate than Michigan as of Sunday, according to the Centers for Disease Control and Prevention.
France reports biggest jump in hospital patients since spring France registered its biggest jump in coronavirus-related hospital admissions since the spring, health ministry data showed. The number of patients in intensive care units with COVID-19 jumped by 117 to 1,749 people, the biggest increase since March-April, when the ICU number rose by more than 100 per day on several days.
The French health minister last week said that France has entered a fifth wave of the COVID-19 epidemic.
29 Nov 2021 | Updated: an hour ago A three-day special session of the World Health Assembly (WHA) kicked off on Monday to discuss pandemic preparedness and response, amid concerns about the spread of the new Omicron variant.
WHO warns that new virus variant poses ‘very high’ risk The World Health Organization says the global risk from the Omicron variant of the coronavirus is “very high” based on early evidence, and it could lead to surges with “severe consequences”.
Omicron ‘not a cause for panic’: Biden President Joe Biden in a televised address from the White House said the Omicron coronavirus strain “is a cause for concern, not a cause for panic”.
“We have more tools today to fight the variant than we’ve ever had before,” he said, while adding that his chief medical adviser Anthony Fauci expected current vaccines would remain protective, with boosters enhancing protection.
Biden also urged Americans to get back to wearing face masks in all indoor public settings – a pandemic precaution that has fallen out of use across much of the country.
Dow Jones in mid day was about +350 above but after Biden's announcement that the Omicron is a cause for concern, the dow dropped to +236. Believe it was in the downward trend and will drop more if not for market closure at 4pm.
"Omicron has an unprecedented number of spike mutations, some of which are concerning for their potential impact on the trajectory of the pandemic," the WHO said. The overall global risk related Omicron is " very high," it said.
Federal Reserve Chairman Jerome Powell believes that the omicron variant of Covid-19 and a recent uptick in coronavirus cases pose a threat to the U.S. economy and muddle an already-uncertain inflation outlook.
“The recent rise in COVID-19 cases and the emergence of the Omicron variant pose downside risks to employment and economic activity and increased uncertainty for inflation,” Powell said in remarks he plans to deliver to Senate lawmakers on Tuesday. “Greater concerns about the virus could reduce people’s willingness to work in person, which would slow progress in the labor market and intensify supply-chain disruptions.”
Treasury Secretary Janet Yellen will join Powell on Tuesday in testifying before the Senate Banking Committee. The Fed chief and Treasury secretary are required to report to Congress each calendar quarter as part of the March 2020 economic-relief legislation that magnified the central bank’s emergency lending programs.
Powell’s remarkets were released by the central bank on Monday evening.
The Fed chief also offered more direct comments on inflation, saying that it’s challenging to forecast the persistence and impact of supply constraints, but that it now appears that “factors pushing inflation upward will linger well into next year.”
It's was a knee jerk reaction after all. I believe those appeared here before gloves rally 3 days ago already cut win. Now left with those who chased high yesterday now continuing to post comments to their own favours. LOL
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....
BursaRangers
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Posted by BursaRangers > 2021-11-29 21:45 | Report Abuse
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