Millionaire Trend Trader: November 2017

Thursday, November 30, 2017

FBM KLCI - higher on blue-chips bargain-hunting

Stocks on Bursa Malaysia extended earlier gains to close higher yesterday with the key index moving in positive territory throughout the day on the back of persistent buying support for blue-chips, led by Tenaga. Read more >>

Wednesday, November 29, 2017

FBM KLCI - lower with support seen near SMA360

Stocks on Bursa Malaysia edged lower yesterday with the key index closing at a nine-month low as weak market sentiment curbed investors risk appetite regionally. Read more >>

Tuesday, November 28, 2017

FBM KLCI - higher on last minute buying of selected blue-chips

The benchmark FBM KLCI rebounded from earlier losses to close at an intra-day high yesterday prompted by late buying support for selected blue-chips led by Digi and Tenaga. Read more >>

Monday, November 27, 2017

FBM KLCI - likely to remain in range-bound consolidation with a bearish bias

Stocks on Bursa Malaysia easier last Friday, weighed by uncertainties in the US surrounding the impending increase in interest rates and tax reform plans as the sentiment Read more >>

Friday, November 24, 2017

FBM KLCI - down on profit-taking

Stocks on Bursa Malaysia closed lower yesterday, in line with the weaker regional markets as sentiment was dampened by the bearish China stock market. Read more >>

Thursday, November 23, 2017

FBM KLCI - higher on follow through rebound

Stocks on Bursa Malaysia closed higher yesterday in line with the synchronised economic growth around the world which prompted the positive sentiment across global equity markets. Read more >>

Wednesday, November 22, 2017

FBM KLCI - higher amid weaker broader market

The benchmark FBMKLCI ended higher yesterday but the broader market remained weak as retail investors' confidence faded coupled with the stronger ringgit hurting technology counters. Read more >>

Tuesday, November 21, 2017

FBM KLCI - lower amid consolidation

Stocks on Bursa Malaysia ended lower yesterday, weighed by selling activities on small-capitalised stocks amid bearish external sentiment after China shares fell Read more >>

Monday, November 20, 2017

FBM KLCI - likely to stay in range-bound consolidation with a bearish bias

Stocks on Bursa Malaysia ended higher on Friday, as the stronger-than-expected third quarter (Q3) gross domestic product (GDP) released on Friday injected more investor confidence into the local market. Read more >>

Friday, November 17, 2017

FBM KLCI - lower but seriously oversold

Stocks on Bursa Malaysia closed in the negative territory yesterday on a continuous sell-off on most counters, as market sentiment was cautious ahead of Read more >>

Thursday, November 16, 2017

FBM KLCI - down on last minute selldown

The benchmark FBM KLCI slipped to its lowest level since March 15, 2017 to finish at an intra-day low yesterday mainly on Petronas Dagangan Bhd shares' steep drop Read more >>

Wednesday, November 15, 2017

FBM KLCI - down on heavy profit-taking on blue-chips

Stocks on Bursa Malaysia extended Monday's losses to finish lower yesterday in tandem with Asian share markets after China reported economic data which missed market expectations, Read more >>

Tuesday, November 14, 2017

FBM KLCI - closing below immediate support

Stocks on Bursa Malaysia retreated to close at the day's low yesterday after profit taking emerged in selective heavyweights Read more >>

Monday, November 13, 2017

FBM KLCI - likely to stay range-bound with a bearish bias

Stocks on Bursa Malaysia finished last Friday lower on profit-taking in selected heavyweights and trade and services counters, taking a weak lead from the overnight lower closing on Wall Street Read more >>

Friday, November 10, 2017

FBM KLCI - higher on mild rebound

Stocks on Bursa Malaysia finished higher yesterday on gains by most blue-chip finance stocks and heavyweights, as oil and gas (O&G) counters took centre stage on the back of rising Brent crude oil prices. Read more >>

Thursday, November 9, 2017

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia reversed Tuesday's gains to finish easier yesterday, as profit-taking capped the uptrend in the local market. Read more >>

Wednesday, November 8, 2017

FBM KLCI - turning mildly bullish

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBM KLCI finished at an intra-day high of 1,750.94, up 8.65 points, lifted by late buying interests in selected heavyweight stocks after Read more >>

Tuesday, November 7, 2017

FBM KLCI - higher as crude oil rises

Stocks on Bursa Malaysia ended mixed yesterday, amid mild buying interest, supported by blue-chip counters including MISC Bhd Read more >>

Monday, November 6, 2017

FBM KLCI - likely to stay in range-bound consolidation

Stocks on Bursa Malaysia finished on an easier note last Friday on mild selling in blue-chips, which saw the benchmark FBM KLCI erased gains at the 11th hour Read more >>

Friday, November 3, 2017

FBM KLCI - lower on continued foreign selling

Stocks on Bursa Malaysia closed broadly lower yesterday as the euphoria over the announcement of 2018 Budget fizzled out and foreign selling in blue-chips also led to the bearish performance. Read more >>

Thursday, November 2, 2017

FBM KLCI - lower on foreign selling

Stocks on Bursa Malaysia closed broadly lower as foreign selling in blue-chip stocks coupled with negative sentiment among investors, especially after Read more>>

Wednesday, November 1, 2017

FBM KLCI - lower on last hour foreign selling

Stocks on Bursa Malaysia erased earlier gains to end mixed yesterday on late profit-taking by a slew of foreign sell-offs an hour before close amid the weaker performance on regional bourses. Read more >>

What's happening now is that the market remains trading at very thin volumes and that can affect prices, even when just a handful of shares are traded. The decision of any fund to pull out from certain stock hits the price. - Carlos Slim

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. - Peter Lynch

Vision is perhaps our greatest strength.. it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown.
- Li Ka Shing

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised. - Warren Buffet

Learning is a never ending journey in the stock market. The very moment you think you have learned enough, you'll fall. - Harrison Ho

When people are frightened, they cut their time horizon dramatically, even advisors will say to sell because they see portfolios crumble and they fear people will have nothing left. It's really not rational, but it does happen. - David Dreman

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.' - Peter Lynch

A military operation involves deception. Even though you are competent, appear to be incompetent. Though effective, appear to be ineffective. - Sun-tzu

Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point. - George Soros

If you don't change, reality in the end forces that change upon you. - Stuart Wilde

The investor of today does not profit from yesterday's growth. - Warren Buffet

Analysts have always been overly optimistic.
- David Dreman

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction. - Bill Gates

A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others. - Larry Ellison

If you believe that some day it's going to happen, some day it probably will happen. You just have to make sure you're there when it's happening, and ideally you're at the front of the parade, and the principle beneficiary of when it happens, but it's not a kind of thing where you just sort of sit back and wait. - Steve Case

I try to learn from the past, but I plan for the future by focusing exclusively on the present. That's where the fun is. - Donald Trump

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances. - Alan Greenspan

The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow. - Rupert Murdoch

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore

In the business world, the rearview mirror is always clearer than the windshield. - Warren Buffett

Be extremely subtle, even to the point of formlessness. Be extremely mysterious, even to the point of soundlessness. Thereby you can be the director of the opponent's fate. - Sun-tzu

Look at market fluctuations as your friend rather than your enemy.. profit from folly rather than participate in it. - Warren Buffett

I hate weekends because there is no stock market. - Rene Rivkin

Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century. - John Templeton

A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well. - Jeff Bezos

Making good decisions is a crucial skill at every level. - Peter Drucker

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett

The individual investor should act consistently as an investor and not as a speculator. This means.. that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase. - Benjamin Graham

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. - Peter Lynch

The financial markets generally are unpredictable. So that one has to have different scenarios.. The idea that you can actually predict what's going to happen contradicts my way of looking at the market. - George Soros

Our favourite holding period is forever. - Warren Buffet

If you buy all the stocks selling at or below two times earnings, you will lose money on half of them because instead of making profits they will actually lose money, but you will only lose a dollar or so a share at most. Then others will be mediocre performers. But the remaining big winners will go up and produce fabulous results and also ensure a good overall result. - John Templeton

When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stocks on a scale down, I buy on a scale up. - Jesse Livermore

I've learned that mistakes can often be as good a teacher as success. - Jack Welch

Well, you know, I was a human being before I became a businessman. - George Soros

Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. - Peter Drucker

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. - Jesse Livermore

Wide diversification is only required when investors do not understand what they are doing. - Warren Buffett

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. - George Soros

Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. - Benjamin Graham

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore

I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. - Peter Lynch

Before you can really start setting financial goals, you need to determine where you stand financially. - David Bach

The average man doesnâ€™t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesnâ€™t even wish to have to think. - Jesse Livermore

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. - Warren Buffett

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands. - Peter Drucker

The key to making money in stocks is not to get scared out of them. - Peter Lynch

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up. - Jesse Livermore

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