Millionaire Trend Trader: February 2021

Friday, February 26, 2021

FBM KLCI - higher on technical rebound after being oversold

Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI breached the resistance level of 1,580 at the close as investors regained confidence following the official start of the National Covid-19 Immunisation Programme on Wednesday Read more >>

Thursday, February 25, 2021

FBM KLCI - lower for the third consecutive day and extremely oversold

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed at its intraday low for the third consecutive day, as selling in glove heavyweights intensified in conjunction with the implementation of the National Covid-19 Immunisation Programme Read more >>

Wednesday, February 24, 2021

FBM KLCI - lower dragged by selling in glove stocks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversed earlier gains to finish at the day’s low for a second consecutive day, weighed down by persistent selling in rubber glove heavyweights amid recovery plays following the arrival of the Covid-19 vaccine, Read more >>

Tuesday, February 23, 2021

FBM KLCI - down on selling pressure amid regional decline

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed on an intraday low, dragged by glove counters and in line with a regional decline that was induced by a sudden increase in the US 10-year Treasury yields. Read more >>

Monday, February 22, 2021

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

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI closed on a positive note, propelled by buying in telecommunication (telco) and technology counters, amid mixed performance in regional markets. Read more >>

Friday, February 19, 2021

FBM KLCI - lower in tandem with regional markets

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI gave up early gains to close 1.22 per cent lower, mirroring the fall in most regional bourses. Read more >>

Thursday, February 18, 2021

FBM KLCI - lower in line with weak regional peers

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing below the 1,600-point psychological threshold, in tandem with most regional peers. Read more >>

Wednesday, February 17, 2021

FBM KLCI - lower bucking regional trend, dragged by selling in glove stocks

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing marginally lower but remained above the psychological 1,600-point level, despite the rally in Asian bourses, as a final-hour sell-down in rubber glove stocks led to the FBMKLCI breaking its four-session gaining streak. Read more >>

Tuesday, February 16, 2021

FBM KLCI - higher in line with regional peers but saw shooting-star candlestick pattern formation

Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI kicked off the first trading day after the Lunar New Year break with a gain of 0.54%, in line with regional peers. Read more >>

Monday, February 15, 2021

FBM KLCI - likely to move range-bound with an upward bias amidst lack of fresh catalyst

Stocks on Bursa Malaysia ended higher last Thursday with the benchmark FBMKLCI pared some of its gains at the close, ahead of the Lunar New Year holiday, bucking the trend of losses in Asean peers, Read more >>

Thursday, February 11, 2021

FBM KLCI - higher for a second consecutive day on strong buying of banking stocks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closing higher as strong buying in financial heavyweights pushed the key index 0.67 per cent higher to finish at its intraday high, Read more >>

Wednesday, February 10, 2021

FBM KLCI - higher on technical rebound amid regional gains and Wall Street record high

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing in the positive territory, in sync with most regional peers, taking cue from the rally on Wall Street which reached an all-time closing high overnight. Read more >>

Tuesday, February 9, 2021

FBM KLCI - lower dragged by healthcare counters

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing lower for the second consecutive sessions, succumbing to selling pressure, in an apparent response to Malaysia’s latest industrial output index (IPI) data, which saw the full-year 2020 reading declining 4.2% from a year earlier Read more >>

Monday, February 8, 2021

FBM KLCI - likely to move sideways range-bound with an upward bias

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI snapping a three-day winning streak to close lower, going against the better regional market performance which echoed the Wall Street’s rally amidst the strong global economic recovery. Read more >>

Friday, February 5, 2021

FBM KLCI - marginally higher on late-buying

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing higher for the third consecutive day, as last-minute buying mainly in small-cap stocks as well as selected heavyweights helped to push Bursa Malaysia to end on a positive note, erasing earlier losses. Read more >>

Thursday, February 4, 2021

FBM KLCI - higher boosted by energy and tech stocks

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing higher for a second consecutive day, boosted by persistent buying in energy and technology-linked counters and mirroring the uptrend in regional bourses, Read more >>

Wednesday, February 3, 2021

FBM KLCI - higher on oversold technical rebound

Stocks on Bursa Malaysia ended mixed yesterday as profit-taking activities in small cap and financial services stocks took a toll on its performance following the rebound earlier of the day, while the benchmark FBMKLCI rebounded to close higher, lifted by oil and gas (O&G) as well as glove heavyweights. Read more >>

Tuesday, February 2, 2021

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

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI giving back all of its earlier gains to end lower, as persistent selling in most heavyweights dragged the key index to end lower, in line with the weaker sentiment on regional bourses due to bearish economic outlook. 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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