Millionaire Trend Trader: August 2021

Monday, August 30, 2021

FBM KLCI - likely to to test 1,600 in the short-term on improved sentiment

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished higher for the sixth consecutive day near three-month high hovering just above 1,590 despite continuous profit-taking activity following a five-day rally. Read more >>

Friday, August 27, 2021

FBM KLCI - closed above the 200-day MA and higher for the fifth consecutive day

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the fifth consecutive day at a two-month high amid strong buying interest, as the local political uncertainty settled down, Read more >>

Thursday, August 26, 2021

FBM KLCI - higher for the fourth straight day as political uncertainty settled

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher for the fourth consecutive day at a two-month high amid strong investor appetite, as dust seems starting to settle in the local political scene after the recent change of premiership, Read more >>

Wednesday, August 25, 2021

FBM KLCI - higher for the third consecutive session at two-month high

Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI finished higher for the third straight trading session to close at its two-month high, as investors turned bullish following the recent selldown, led by plantation and banking stocks. Read more >>

Tuesday, August 24, 2021

FBM KLCI - higher for the second day after the removal of political uncertainty

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI extended its gains for a second trading day, supported by expectations of a bullish earnings season as well as positive sentiments from the Malaysian political scene following the appointment of the new Prime minister, Read more >>

Monday, August 23, 2021

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

Stocks on Bursa Malaysia ended slightly higher on Friday on mild buying momentum in the broader market and the benchmark FBMKLCI bucked regional trend and ended marginally higher, despite Malaysia posting another day of record high Covid-19 cases, as domestic political uncertainties were tempered by the anticipated appointment of a new prime minister. Read more >>

Friday, August 20, 2021

FBM KLCI - lower inline with regional peers

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower in the negative territory on the ongoing political developments and also in line with regional peers, following Wall Street’s slide that came after the U.S. Federal Reserve (Fed) minutes signaled a pullback in stimulus measures. Read more >>

Thursday, August 19, 2021

FBM KLCI - ended slightly higher on last-minute buying as political uncertainties keep investors wary

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI rising marginally on the back of cautious sentiment as investors remained on the sidelines amid the ongoing political developments in the country. Read more >>

Wednesday, August 18, 2021

FBM KLCI - higher bucking the regional trend

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI bouncing back strongly by 1.38 per cent, in anticipation of a swift decision on Malaysia’s next administration and bucked the regional trend to close higher on broad-based buying, Read more >>

Tuesday, August 17, 2021

FBM KLCI - ended slightly lower to stay above 1,500 amid political uncertainties

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI pared most of its earlier losses at the close to remain above the psychological 1,500-point level, amid news that Prime Minister Tan Sri Muhyiddin Yassin and his entire Cabinet have resigned, Read more >>

Monday, August 16, 2021

FBM KLCI - likely to move cautiously amid political uncertainty

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI making a small gain to stay above 1,500, driven by late buying in selected plantation as well as consumer products and services counters amid weaker regional market sentiment. Read more >>

Friday, August 13, 2021

FBM KLCI - lower on profit-taking as fresh record high Covid-19 cases dampen market sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI gave up Wednesday’s gain to settle marginally lower on persistent profit-taking in selected utilities and plantation counters in line with most regional markets, and as a new record high of Covid-19 cases in the country dampened market sentiment. Read more >>

Thursday, August 12, 2021

FBM KLCI - closed above 1,500 driven by recovery stocks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI extended its gain to finish higher supported by persistent buying in selected consumer products and services as well as healthcare counters, Read more >>

Wednesday, August 11, 2021

FBM KLCI - likely to test 1,500 on improves sentiment

Stocks on Bursa Malaysia ended higher on Monday with the benchmark FBMKLCI rose marginally on the back of better-than-expected economic data, as Malaysia’s Industrial Production Index (IPI) rose 1.4% in June from a year earlier. Read more >>

Monday, August 9, 2021

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

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished lower dragged down by selling pressure in rubber glove heavyweights amid weak market sentiment against the backdrop of retreating regional markets amid a surge in Covid-19 cases Read more >>

Friday, August 6, 2021

FBM KLCI - rebounded to close higher on improved sentiment

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished marginally higher on persistent buying support in selected heavyweights amid improved market sentiment and bucked regional market trends as worries over the Coronavirus Delta variant persisted Read more >>

Thursday, August 5, 2021

FBM KLCI - lower on rising Covid-19 cases and political uncertainty

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI finished below the 1,500 level despite rises in regional markets, as concerns over the rapid spread of the Covid-19 Delta variant and the latest political development in the country curbed buying appetite. Read more >>

Wednesday, August 4, 2021

FBM KLCI - recoups earlier losses to end at intraday high

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI recouped earlier losses to end at its intra-day high at 1,500.26 on late bargain hunting in plantation and banking stocks, amid cautious market sentiment, Read more >>

Tuesday, August 3, 2021

FBM KLCI - bucks regional trend to end lower amid virus woes and political uncertainty

Stocks on Bursa Malaysia extended last week’s losses to end lower yesterday with the benchmark FBMKLCI remaining below the 1,500-point level as market sentiment continued to be affected by coronavirus woes and domestic political developments. Read more >>

Monday, August 2, 2021

FBM KLCI - likely to trend lower amid bearish sentiment

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished at the intraday low, on selling pressure across the board, tracking the regional peers amid negative sentiment surrounding the market which were dragged down by Covid-19 worries, and local political uncertainty also dampened sentiment. 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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