Millionaire Trend Trader: June 2022

Thursday, June 30, 2022

FBM KLCI - snapped three days winning streak to close lower amid weak sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI snapping its three days winning streak to close lower, in sync with the weak regional market sentiment following steep selloffs on Wall Street overnight, as the United States (US) consumer confidence crumbled to a 16-month low amid rapidly rising inflation. Read more >>

Wednesday, June 29, 2022

FBM KLCI - higher for the third straight day on bargain-hunting

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the third straight day, lifted by buying interest in most heavyweights as bargain hunting continued following a heavy sell-down over the past two to three weeks, and in line with improving market sentiment across the region. Read more >>

Tuesday, June 28, 2022

FBM KLCI - higher on mild follow through rebound

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI finished slightly higher on persistent buying interest mainly in technology and energy stocks, in line with better regional market performance. Read more >>

Monday, June 27, 2022

FBM KLCI - likely to stage an oversold rebounce

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished on a higher note, with buying interest seen mainly in technology and healthcare stocks and selling in plantation counters due to bargain-hunting activities amid improving sentiment across the region. Read more >>

Friday, June 24, 2022

FBM KLCI - ended almost flat amid waning selling pressure

Stocks on Bursa Malaysia ended slightly lower yesterday with the benchmark FBMKLCI erased early gains to end flat following a choppy trading session amid cautious investors sentiment on concerns over inflation. Read more >>

Thursday, June 23, 2022

FBM KLCI - closed lower at 25 months low

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished at its day’s low as heavy selling in plantations, energy and healthcare stocks dragged the key index to its lowest level in 25 months. Read more >>

Wednesday, June 22, 2022

FBM KLCI - higher on oversold technical rebound amid improved sentiment

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished at its intraday high today due to improved market sentiment across the region, as buying support emerged primarily in healthcare, technology, as well as energy stocks. Read more >>

Tuesday, June 21, 2022

FBM KLCI - closing below the psychological support level of 1,450

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished lower for the second consecutive day, declining 1.06 per cent due to heavy selling pressure, particularly in energy, technology and plantation stocks. Read more >>

Monday, June 20, 2022

FBM KLCI - likely to move cautiously over global market uncertainty

Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI finished lower, declining 1.09 per cent, amid market volatility in tandem with the weak regional peers’ performance. Read more >>

Friday, June 17, 2022

FBM KLCI - higher on technical rebound amid buying on banking stocks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher, rising by 0.94 per cent, supported by continuous bargain hunting in selected heavyweights, amid mixed regional market performance. Read more >>

Thursday, June 16, 2022

FBM KLCI - pullback on profit-taking amid cautious sentiment

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI reversed the previous day’s gains to end lower on profit-taking after a sharp rise as investors remained in a cautious mode. Read more >>

Wednesday, June 15, 2022

FBM KLCI - higher on oversold technical rebound, snapping its eight-day losing streaks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI snapped its eight-day losing streak to end in positive territory, rising by 1.12%, as bargain-hunting activities emerged following the heavy sell-down recently. Read more >>

Tuesday, June 14, 2022

FBM KLCI - down for the eighth consecutive session with sign of oversold

Stocks on Bursa Malaysia ended lower on heavy selling across the board yesterday with the benchmark FBMKLCI ended in the negative territory for the eighth consecutive day, declining 1.95 per cent, in line with bearish regional markets sentiment. Read more >>

Monday, June 13, 2022

FBM KLCI - likely to to slide lower on bearish sentiment

Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI ended the week on a weak note while breaking the 1,500 psychological level, dragged down by persistent selling across the board, in tandem with regional peers. Read more >>

Friday, June 10, 2022

FBM KLCI - down for the sixth consecutive session in line with regional peers

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI extending its losses for the sixth consecutive day, in tandem with regional peers, amid the negative sentiment surrounding the region. Read more >>

Thursday, June 9, 2022

FBM KLCI - down for the fifth straight session at intraday low

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI erased earlier gains to end at the day’s low, extending its losses for the fifth consecutive day, on last-minute selling in selected heavyweights as investors remained cautious ahead of the release of a series of global economic data. Read more >>

Wednesday, June 8, 2022

FBM KLCI - down for the fourth consecutive day

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extending its losses for the fourth consecutive day amid persistent selling pressure in selected heavyweights as weak sentiment prevailed in the region. Read more >>

Tuesday, June 7, 2022

FBM KLCI - likely to move sideways range-bound

Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI extended Thursday’s losses to end lower for the third consecutive day due to persistent selling pressure in heavyweights as investors remained on edge amid the bleak external outlook and rising inflation. Read more >>

Friday, June 3, 2022

FBM KLCI - lower for the second straight day on lack of catalysts

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed slightly lower after a lacklustre trading session as investors seemed reluctant to make more significant moves in the absence of buying catalysts. Read more >>

Thursday, June 2, 2022

FBM KLCI - pulled back on profit-taking

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversed Tuesday's (May 31) gains to end lower on profit taking, amid mixed performance on regional peers as investors remained cautious on uncertainties such as global recession, inflation and rising interest rates. Read more >>

Wednesday, June 1, 2022

FBM KLCI - ended at intraday high on late buying

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI recouped Monday's losses to close at its intraday high, surging 1.75% on late buying interest, mostly in heavyweights particularly financial services as well as plantation counters as bargain hunting emerged during the final hour of trading. 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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