Millionaire Trend Trader: February 2020

Friday, February 28, 2020

FBM KLCI - higher driven by economic stimulus

Stocks on Bursa Malaysia ended broadly lower yesterday with the key FTSE Bursa Malaysia KLCI (FBMKLCI) closing on a high driven by the economic stimulus package announced by the interim Prime Minister, Tun Dr Mahathir Mohamad, Read more >>

Thursday, February 27, 2020

FBM KLCI - lower as PCHEM share price slump

Stocks on Bursa Malaysia ended in the red amidst a choppy trading day yesterday, as the key FTSE Bursa Malaysia KLCI (FBMKLCI) was dragged down by Petronas Chemicals (PChem) due to its weaker earnings performance announced Read more >>

Wednesday, February 26, 2020

FBM KLCI - rebounded to close higher as political uncertainty subsides

Stocks on Bursa Malaysia rebounded to close on a positive note across the board yesterday as political uncertainty subsided following several key announcements, including the appointment of Tun Dr Mahathir Mohamad as the interim Prime Minister. Read more >>

Tuesday, February 25, 2020

FBM KLCI - plunged on confluence of political turmoil and worsening of COVID-19 outbreaks

Stocks on Bursa Malaysia ended in the red yesterday amid an unusual confluence of factors including the Covid-19 global outbreak, lower crude oil prices and Malaysia’s political uncertainty following a domestic political wrangling culminating in the resignation of Tun Dr Mahathir Mohamad as prime minister Read more >>

Monday, February 24, 2020

FBM KLCI - likely to move sideways range-bound within a tight range

Stocks on Bursa Malaysia closed easier on Friday as investors struggled to find their footing amid uncertainty over the Covid-19 impact, with world economies anticipating lower growth than earlier forecast.

Friday, February 21, 2020

FBM KLCI - marginally higher

Stocks on Bursa Malaysia ended in the positive territory yesterday with the FBMKLCI closing marginally higher, lifted by buying in selected heavyweights namely in utilities, finance and plantation-related counters, Read more >>

Thursday, February 20, 2020

FBM KLCI - lower on cautious market sentiment

Stocks on Bursa Malaysia ended lower on yesterday on cautious market sentiment as investors take a wait-and-see attitude, at least for the next two weeks in view of the corporate earnings season, Read more >>

Wednesday, February 19, 2020

FBM KLCI - ended almost flat, small-cap stocks lower in choppy trading

Stocks on Bursa Malaysia ended lower with the benchmark FBMKLCI closing almost flat yesterday while the small market capitalisation (small cap) stocks fell by a larger quantum in choppy trading Read more >>

Tuesday, February 18, 2020

FBM KLCI - lower amid Japan, Singapore recession spectre

Stocks on Bursa Malaysia ended in the red yesterday, amid a mixed performance on regional markets, as global investors weighed the spectre of recession in Japan and Singapore Read more >>

Monday, February 17, 2020

FBM KLCI - likely to move range-bound with a downward bias

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI closed up 0.34% at its intraday high following a final-hour spike as market sentiment was lifted following news that the government will unveil an economic stimulus package on February 27 to address the Covid-19 outbreak. Read more >>

Friday, February 14, 2020

FBM KLCI - down on renewed fears over sudden jump in Covid-19 death toll

Stocks on Bursa Malaysia ended mixed while the benchmark FBMKLCI slid lower yesterday, dragged by a sell-off in tourism and banking stocks following renewed fears of the Covid-19 outbreak arising from a sudden jump in death toll Read more >>

Thursday, February 13, 2020

FBM KLCI - down on weak GDP data

Stocks on Bursa Malaysia closed mixed yesterday while the benchmark FBMKLCI declined 0.55% following the release of the country’s gross domestic product (GDP) performance, Read more >>

Wednesday, February 12, 2020

FBM KLCI - rebounded in tandem with regional markets

Stocks on Bursa Malaysia ended higher yesterday on persistent buying in index-linked counters due to bargain-hunting, alongside gains in the regional markets, Read more >>

Tuesday, February 11, 2020

FBM KLCI - lower in line with regional markets on renewed Wuhan virus fears

Stocks on Bursa Malaysia ended in the red yesterday, in line with regional markets, as concerns over the unrelenting 2019 novel coronavirus outbreak continue to cloud market sentiment as death toll climbed. Read more >>

Monday, February 10, 2020

FBM KLCI - likely to stay range-bound as market sentiment remained jittery

Stocks on Bursa Malaysia ended higher last Friday lifted by last-minute buying supported mainly by financial services stocks, despite the easier performance on most regional markets. Read more >>

Friday, February 7, 2020

FBM KLCI - higher in line with regional peers after after China announces tariff cuts on US imports

Stocks on Bursa Malaysia continued Wednesday’s uptrend momentum to close higher yesterday on persistent bargain hunting in most heavyweights and the broader market as general market sentiment was boosted following China's announcement that it will cut tariffs on US imports. Read more >>

Thursday, February 6, 2020

FBM KLCI - marginally higher after retracing earlier losses

Stocks on Bursa Malaysia ended yesterday higher, lifted by continued buying interest in lower liners, and the benchmark FBMKLCI was marginally higher, in line with other key Asian markets. Read more >>

Wednesday, February 5, 2020

FBM KLCI - higher on oversold rebound after 10 consecutive sessions of losses

Stocks on Bursa Malaysia rebounded to close sharply higher yesterday with the benchmark FBMKLCI gaining 0.91% to mark its first rise after ten consecutive trading days of losses on persistent bargain hunting, Read more >>

Tuesday, February 4, 2020

FBM KLCI - down for 10th straight session

Stocks on Bursa Malaysia closed lower for the 10th straight session yesterday in tandem with the regional bourses as investors have turned cautious while assessing the possible impacts of the Wuhan virus outbreak, Read more >>

Monday, February 3, 2020

FBM KLCI - likely to continue the downtrend

Stocks on Bursa Malaysia closed lower across the board on Friday and the benchmark FBMKLCI recorded losses for the ninth consecutive day as fears deepened across the world after the World Health Organisation declared a global health emergency as the Wuhan coronavirus outbreak's death toll passed the 200-mark, 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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