Millionaire Trend Trader: January 2021

Friday, January 29, 2021

FBM KLCI - likely to move range-bound ahead of long weekend

Stocks on Bursa Malaysia ended higher on Wednesday with the benchmark FBMKLCI giving back much of its earlier gains to end near the intraday low, snapping a two-day losing streak, as Read more >>

Wednesday, January 27, 2021

FBM KLCI - closed slightly lower after an intraday strong upsurge

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI giving back its earlier gains to end in the red on last-minute selling in Healthcare counters as investors remained cautious amid the rising Covid-19 cases, Read more >>

Tuesday, January 26, 2021

FBM KLCI - plunged lower amid fears of more stringent lockdown

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI sliding 1.26% as market sentiment was dampened by fears that the rising number of Covid-19 cases could lead to a more stringent lockdown, Read more

Monday, January 25, 2021

FBM KLCI - likely to tread cautiously ahead of US FOMC meeting amid holiday-shortened week

Stocks on Bursa Malaysia ended last Friday slightly higher with the benchmark FBMKLCI held on to earlier gains to close marginally higher, bucking the regional trend, as investors risk appetite improved. Read more >>

Friday, January 22, 2021

FBM KLCI - lower on glove counters sell-off and MCO expansion

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed in the negative territory on sell-off in rubber glove counters, namely Top Glove, Supermax and Hartalega, all of which declined by more than 1.0 per cent, dragging the Bursa Malaysia Healthcare index down by 0.7 per cent, and as Read more >>

Thursday, January 21, 2021

FBM KLCI - down on profit-taking after BNM maintained OPR

Stocks on Bursa Malaysia closed slightly higher yesterday with the benchmark FBMKLCI gave up its earlier gains and closed at its intraday low of 1,601.54, as investors took profit after Bank Negara Malaysia (BNM) maintained its overnight policy rate (OPR) at 1.75%. Read more >>

Wednesday, January 20, 2021

FBM KLCI - ended at intraday low on selling pressure in banking stocks

Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI ended at its intraday low, weighed down by technology, consumer products and healthcare stocks led by Petronas Dagangan (PetDag) and Supermax, Read more >>

Tuesday, January 19, 2021

FBM KLCI - ended lower as banks weigh ahead of OPR decision

Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI ended in the negative territory as investors took profit on banking stocks ahead of Bank Negara Malaysia (BNM)’s overnight policy rate (OPR) meeting on Wednesday, Read more >>

Monday, January 18, 2021

FBM KLCI - likely to move sideways range-bound cautiously

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI closed the day in negative territory, dragged mainly by profit-taking on banking counters, Read more >>

Friday, January 15, 2021

FBM KLCI - closed flat on profit-taking

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI ended the day almost flat amid selling pressure mainly in the energy, healthcare and logistics sectors. Read more >>

Thursday, January 14, 2021

FBM KLCI - higher on bargain hunting on hopes of political stability and virus control

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI reversing its two-day losses to close higher lifted by bargain hunting, Read more >>

Wednesday, January 13, 2021

FBM KLCI - rebounded to close above 1,600 after knee-jerk reaction

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI erased most of its losses to close above the 1,600 level as the reinstatement of the movement control order (MCO) and the declaration of the state of emergency Read more >>

Tuesday, January 12, 2021

FBM KLCI - pulled back on profit-taking correction amid worries of second lockdown

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI in the red throughout the day as investors cautiously await the government’s announcement on new measures in response to the surge in local Covid-19 cases, and concerns of another possible lockdown amid rising Covid-19 cases Read more >>

Monday, January 11, 2021

FBM KLCI - likely to move range-bound cautiously amid various uncertainties

Stocks on Bursa Malaysia ended broadly lower on Friday with the benchmark FBMKLCI reversed losses in the morning to close higher, regaining its momentum to stay above the 1,600-point level on the back of strong gains in rubber glove counters, Read more >>

Friday, January 8, 2021

FBM KLCI - closed above 1,600 on oversold technical rebound

Stocks on Bursa Malaysia recouped earlier losses to close higher yesterday with the benchmark FBMKLCI ended above the 1,600-point level as investors risk appetite improved, on bargain hunting, tracking gains seen on regional bourses. Read more >>

Thursday, January 7, 2021

FBM KLCI - lower dragged by banking stocks sell-off

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed lower below the 1,600 level amid mixed regional peers performance as cautious market sentiment weighed on investors’ risk appetite, compounded by sell-off in banking heavyweights Read more >>

Wednesday, January 6, 2021

FBM KLCI - higher on oversold technical rebound

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI tracking gains seen among other regional indices to close higher, rebounding from a two-day losing streak, thanks to improved risk appetite in selected heavyweights and as index-linked glove makers advanced. Read more >>

Tuesday, January 5, 2021

FBM KLCI - lower dragged down by heavy selling in glove stocks

Stocks on Bursa Malaysia ended the first trading day of 2021 on a weak note, with the benchmark FBMKLCI struggling to remain above the 1,600-level amid heavy sell down in glove counters after the resumption of Regulated Short Selling (RSS) on Bursa Malaysia with effect from yesterday. Read more >>

Monday, January 4, 2021

FBM KLCI - likely to move sideways range-bound while waiting for fresh catalysts

Stocks on Bursa Malaysia ended last Thursday 31st Dec 2020, the last trading day of the Covid-19 ridden 2020, broadly lower with the benchmark FBMKLCI shedding 1.05 per cent weighed down by selling in heavyweights led by Sime Darby Plantation and IHH Healthcare. 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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