Millionaire Trend Trader: May 2020

Friday, May 29, 2020

FBM KLCI - higher on hopes for global recovery

Stocks on Bursa Malaysia ended lower yesterday but the benchmark FBMKLCI closed higher tracking overnight gains on Wall Street on the back of optimism about the reopening of the US economy. Read more >>

Thursday, May 28, 2020

FBM KLCI - higher as index-linked rubber glove stocks rose

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI gaining more than 1.0% as persistent buying momentum in the index-linked counters, led by glove makers Hartalega and Top Glove, Read more >>

Wednesday, May 27, 2020

FBM KLCI - likely to stay range-bound with an upward bias

Stocks on Bursa Malaysia closed lower across the board last Friday with the benchmark FBMKLCI lower by more than 1.0% as investors raked in profits ahead of the long weekend in conjunction with the Hari Raya Aidilfitri celebration, Read more >>

Friday, May 22, 2020

FBM KLCI - closed higher above the 1,450-point level

Stocks on Bursa Malaysia closed higher for the seventh consecutive day yesterday, as investor’s risk appetites continued to flourish particularly in the rubber glove, energy and plantation-linked stocks, Read more >>

Thursday, May 21, 2020

FBM KLCI - closed at intraday high as glove stocks back in spotlight

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI surpassed the 1,435 level to close at the intraday high as healthcare stocks, particularly the glove counters, returned to the spotlight after health experts expressed skepticism over Covid-19 vaccine developments. Read more >>

Wednesday, May 20, 2020

FBM KLCI - higher supported by higher CPO prices and COVID-19 vaccine optimism

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closing 0.98 per cent firmer as world equities cheered positive developments of a Covid-19 vaccine trial and as Malaysian shares reacted to speculation that India buyers had resumed buying Malaysian crude palm oil (CPO) Read more >>

Tuesday, May 19, 2020

FBM KLCI - higher with market volume hitting fresh record high

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI closing 0.48 per cent higher with trading volume across the board reaching an all-time high of 11.21 billion units. Read more >>

Friday, May 15, 2020

FBM KLCI - marginally higher on last minute buying

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI closing slightly higher after erasing earlier losses on last-minute buying in heavyweights, mainly Top Glove and Hartalega. Read more >>

Thursday, May 14, 2020

FBM KLCI - higher amid better-than expected GDP growth and as Bursa volume tops 9 billion at all-time high

Stocks on Bursa Malaysia ended mixed on yesterday as investors cheered the much-better-than-expected first quarter 2020 (Q1 2020) gross domestic product (GDP) growth, while share trade volume across Bursa Malaysia closed higher at an all-time high of 9.59 billion shares, Read more >>

Wednesday, May 13, 2020

FBM KLCI - lower amid Covid-19 revival concerns

Stocks on Bursa Malaysia ended lower yesterday amidst renewed Covid-19 concerns globally and ahead of the release of Malaysia’s first-quarter gross domestic product (GDP) numbers on Wednesday, Read more >>

Tuesday, May 12, 2020

FBM KLCI - likely to move sideways range-bound cautiously

Stocks on Bursa Malaysia ended higher last Friday against a backdrop of mostly better performance seen in the regional markets following the renewed agreement between United States (US) and China officials to implement their phase one trade deal. Read more >>

Friday, May 8, 2020

FBM KLCI - likely to continue moving sideways range-bound

Stocks on Bursa Malaysia closed mixed on Wednesday with the benchmark FBMKLCI ended lower on last minute sell-offs as investors took profit ahead of the Wesak Day holiday on Thursday amid rising United States (US)-China trade tension Read more >>

Wednesday, May 6, 2020

FBM KLCI - higher on BNM OPR cut and oil price rise

Stocks on Bursa Malaysia closed broadly higher yesterday with the benchmark FBMKLCI rallied by 0.94% as a confluence of factors, including higher crude oil and palm oil prices as well as Bank Negara Malaysia’s (BNM) 50 basis-point overnight policy rate (OPR) cut to 2.00% Read more >>

Tuesday, May 5, 2020

FBM KLCI - fell 2.2% falls on dour manufacturing sentiment and US-China Covid-19 spat

Stocks on Bursa Malaysia closed broadly lower yesterday with the benchmark FBMKLCI ended the first trading day in May sharply lower by 2.22% on weaker sentiment as investors weighed the prospect of renewed US-China trade tension Read more >>

Monday, May 4, 2020

FBM KLCI - likely to continue uptrend on economic reboot

Stocks on Bursa Malaysia ended the last day of April on a high note after all indexes soared across the board backed by broad-based buying and strong market positivity, 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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