Millionaire Trend Trader: September 2021

Thursday, September 30, 2021

FBM KLCI - closed marginally higher at intraday high for a second straight day

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally higher at its intra-day high for the second consecutive day, lifted by late buying in selected financial services as well as industrial products and services counters amid concerns over the local and global economic outlook. Read more >>

Wednesday, September 29, 2021

FBM KLCI - ended at intraday high on persistent buying support throughout the day

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher for the second day as continuous buying in selected industrial products and services as well as healthcare counters lifted the key index to close at its intraday high yesterday, Read more >>

Tuesday, September 28, 2021

FBM KLCI - slightly higher on technical rebound

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally higher as late buying in selected heavyweights lifted the key index out of negative territory to end slightly higher as investors digested the 12th Malaysia Plan (12MP) 2021-2025. Read more >>

Monday, September 27, 2021

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

Stocks on Bursa Malaysia ended broadly lower on Friday with the benchmark FBMKLCI finished lower on lack of buying momentum. Read more >>

Friday, September 24, 2021

FBM KLCI - higher on oversold technical rebound amid bargain-hunting

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI finished higher as investors took the opportunity to hunt for bargains yesterday, and the key index continued to see some buying support from foreign funds. Read more >>

Thursday, September 23, 2021

FBM KLCI - marginally lower after initial knee-jerk reaction

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished slightly lower in lacklustre trade due to weak market sentiment and a lack of buying catalyst as concerns persisted over Chinese property group Evergrande Group’s debt and its impact on global markets. Read more >>

Wednesday, September 22, 2021

FBM KLCI - higher on technical rebound after seven consecutive sessions of losses

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished slightly higher as bargain-hunting activities emerged after seven straight days of losses, lifted mainly by telco, gaming, and banking stocks. Read more >>

Tuesday, September 21, 2021

FBM KLCI - plunged in tandem with bearish regional market sentiment

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI continued its slides for the seventh consecutive session despite foreign investors returning to the market, pushed down by the selling of selected heavyweight counters Read more >>

Monday, September 20, 2021

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia ended lower Friday with the benchmark FBMKLCI continued its downtrend to finish lower for the sixth straight day, dragged down by selling of selected heavyweight counters in glove, banking, and plantation stocks, Read more >>

Friday, September 17, 2021

FBM KLCI - likely to stay in range-bound consolidation on lack of catalyst

Stocks on Bursa Malaysia ended lower Wednesday with the benchmark FBMKLCI finished lower marginally for the fifth straight days dragged by selling in heavyweights led by Hap Seng, Tenaga and Nestle as investors remained on the sideline ahead of the Malaysia Day holiday on Thursday. Read more >>

Wednesday, September 15, 2021

FBM KLCI - lower for the fourth straight days as windfall tax concerns and banking stocks drag

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the fourth straight days dragged by selling in heavyweights led by Kuala Lumpur Kepong (KLK) as investors gauged the possibility of a windfall tax being levied on corporate Malaysia, and decline in banking stocks on news that Putrajaya is seeking to facilitate interest payment exemption through 4Q2021 for Malaysians in the bottom 50% income bracket. Read more >>

Tuesday, September 14, 2021

FBM KLCI - lower on continued profit-taking

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower weighed down by selling in selected heavyweights led by Top Glove Corp Bhd due to due to weak market sentiment and lack of buying catalysts. Read more >>

Monday, September 13, 2021

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

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished slightly lower, bucking the regional market trend on the selling of selected heavyweights Read more >>

Friday, September 10, 2021

FBM KLCI - giving back all of previous day's gains

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower, erasing all of its prior day’s gain on selling pressure across the board Read more >>

Thursday, September 9, 2021

FBM KLCI - higher on last-minute rebound

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher at its intraday high, lifted by last-minute buying in selected heavyweight stocks, Read more >>

Wednesday, September 8, 2021

FBM KLCI - slightly higher on mild technical rebound

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished slightly higher in range-bound trading, supported by buying in selected heavyweight stocks. Read more >>

Tuesday, September 7, 2021

FBM KLCI - bucked regional trend to close lower on profit-taking

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI bucking regional trend to finish lower succumbing to selling pressure on heavyweight stocks, Read more >>

Monday, September 6, 2021

FBM KLCI - likely to stay in range-bound consolidation

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished at its intra-day high on late buying in selected telecommunications and media as well as financial service counters amid mixed sentiments on the regional markets. Read more >>

Friday, September 3, 2021

FBM KLCI - down for the second straight day

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the second straight day on continuous profit-taking in the industrial products and services as well as plantation counters amid mixed sentiments on the regional markets. Read more >>

Thursday, September 2, 2021

FBM KLCI - closed lower below 1,600, snapping seven days of consecutive gains

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower at its intraday low, snapping a seven-day winning streaks and the bucking regional trend, as banking heavyweights and healthcare-linked counters dragged on the benchmark index Read more >>

Wednesday, September 1, 2021

FBM KLCI - likely to see pullback on overbought situations

Stocks on Bursa Malaysia ended higher on Monday with the benchmark FBMKLCI continued its upward momentum to close higher, driven by persistent buying support in selected utilities as well as telecommunications and media counters, in line with bullish sentiment on the regional market. 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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