Millionaire Trend Trader: November 2021

Tuesday, November 30, 2021

FBM KLCI - lower amid market cautious on Omicron Covid-19 variant

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the fifth straight day as the market remained under pressure throughout the day due to lack of buying interest and was further dampened by the spillover effects of regional sell down. Read more >>

Monday, November 29, 2021

FBM KLCI - likely to test the psychological support level of 1,500

Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI finished lower for the fourth consecutive day to close below the 1,515 critical support level, in line with regional markets amid weak sentiment following the emergence of a new Covid-19 variant in South Africa as well as recent surge in new infections in Europe which dampen investor sentiment. Read more >>

Friday, November 26, 2021

FBM KLCI - down for three straight days amid weak sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third consecutive day below the 1,520-mark amid weak market sentiment and the absence of fresh catalysts. Read more >>

Thursday, November 25, 2021

FBM KLCI - marginally lower amid lack of fresh catalysts

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished marginally lower due to the absence of fresh catalysts and the benchmark index remained in consolidation mode. Read more >>

Wednesday, November 24, 2021

FBM KLCI - lower on profit-taking correction amid lack of catalysts

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower on lack of buying interest. The FBMKLCI remained in its consolidation mode despite a few attempts to break out of the 1,530 mark. Read more >>

Tuesday, November 23, 2021

FBM KLCI - slightly higher for the second consecutive session amid range-bound consolidation

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished slightly higher on continued bargain-hunting activity in selected heavyweights amid a lack of catalysts. Read more >>

Monday, November 22, 2021

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

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished slightly higher on bargain-hunting in selected heavyweights mainly in telecommunications and media counters such as Axiata Group Bhd, Digi.Com Bhd and Maxis Bhd amid continued range-bound trading due to the absence of fresh catalysts. Read more >>

Friday, November 19, 2021

FBM KLCI - slightly lower on pullback correction, in line with key regional bourses

Stocks on Bursa Malaysia ended on an easier note yesterday with the benchmark FBMKLCI finished slightly lower, dragged down by losses in glove, banking, and gaming counters, and in sync with most key regional bourses. Read more >>

Thursday, November 18, 2021

FBM KLCI - slightly higher on last minute buying of selected heavyweights

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished higher at an intra-day high of 1,525.13 on Wednesday after erasing losses on last-minute buying in heavyweights, mainly Top Glove Corp Bhd, Kuala Lumpur Kepong Bhd (KLK) and Petronas Dagangan Bhd. Read more >>

Wednesday, November 17, 2021

FBM KLCI - marginally higher on mild bargain-hunting

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally higher on bargain hunting in selected heavyweights led by Nestle (M) Bhd, PPB Group Bhd and Telekom Malaysia Bhd. Read more >>

Tuesday, November 16, 2021

FBM KLCI - pulled back on profit-taking amid cautious sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower due to profit-taking activities, mainly in banking and gaming heavyweights amid cautious market sentiment. Read more >>

Monday, November 15, 2021

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

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI snapped a three-day losing streak to end higher on bargain-hunting activities and foreign buying support for financial services as well as healthcare counters amid mixed sentiments on regional markets. Read more >>

Friday, November 12, 2021

FBM KLCI - lower for the third consecutive day amid consolidation

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third consecutive day, dragged by continued profit-taking in selected industrial products and services, as well as plantation counters, amid weaker sentiments on the regional markets. Read more >>

Thursday, November 11, 2021

FBM KLCI - lower for the second straight day amid continued selling pressure

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the second straight day, driven by continued profit-taking in telecommunications and media as well as consumer products and services counters, amid weaker sentiments on the regional markets. Read more >>

Wednesday, November 10, 2021

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower, driven by continued profit-taking in the industrial products and services as well as plantation counters amid mixed sentiments on the regional markets, Read more >>

Tuesday, November 9, 2021

FBM KLCI - higher on mild follow through rebound

Stocks on Bursa Malaysia ended on a mixed note yesterday with the benchmark FBMKLCI finished higher as buying support from the consumer products and services as well as plantation counters halted the downtrend, and bargain-hunting activities and foreign buying lend support for the key index. Read more >>

Monday, November 8, 2021

FBM KLCI - likely to move sideways range-bound amid cautious sentiment

Stocks on Bursa Malaysia ended on a mixed note last Friday with the benchmark FBMKLCI finished marginally higher on late bargain hunting in selected heavyweights, led by the telecommunications and media sector. Read more >>

Friday, November 5, 2021

FBM KLCI - down on profit-taking ahead of holiday

Stocks on Bursa Malaysia ended lower on Wednesday with the benchmark FBMKLCI finished lower as investors offloaded selected heavyweight stocks, with Top Glove Corporation Bhd and Maxis Bhd leading the retreat. Read more >>

Wednesday, November 3, 2021

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

Stocks on Bursa Malaysia ended on a positive note yesterday with the benchmark FBMKLCI finished higher on bargain hunting as investors picked up beaten-down counters after Monday’s sharp fall, and taking cue from a stronger Wall Street performance overnight, Read more >>

Tuesday, November 2, 2021

FBM KLCI - down 2.01% on sell-down across the board

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished sharply lower as investors reacted negatively to the one-off ‘Cukai Makmur’ (Prosperity Tax) tabled during Budget 2022 on last Friday. Read more >>

Monday, November 1, 2021

FBM KLCI - likely to slide lower amid lack of catalysts

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished lower for the seventh straight day amid a market consolidation mode due to lack of buying interest as investors digest the announcements in Budget 2022 tabled on Friday. 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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