Millionaire Trend Trader: September 2022

Friday, September 30, 2022

FBM KLCI - closed lower for the seventh consecutive session below 1400

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI reversed its earlier gains to close in negative territory, falling below the 1,400-psychological mark due to a lack of buying support. Read more >>

Thursday, September 29, 2022

FBM KLCI - slid lower for the sixth straight session, found support at 1,400

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI sliding towards the 1,400 psychological level in tandem with regional markets amid growing concerns about a global recession, and market sentiment in the domestic market has remained jittery given the heightened market volatility. Read more >>

Wednesday, September 28, 2022

FBM KLCI - ended marginally lower at intraday low

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally lower for the fifth straight session. Read more >>

Tuesday, September 27, 2022

FBM KLCI - down for the fourth consecutive day amid weak sentiment globally

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI finished lower for the fourth straight day, tracking regional peers amid the weak sentiment globally. Read more >>

Monday, September 26, 2022

FBM KLCI - likely to trend lower amid lack of catalysts

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished lower for the third straight day at an intraday low, with selling pressure seen across the board on concerns over the global economic outlook amid rising interest rates worldwide. Read more >>

Friday, September 23, 2022

FBM KLCI - ended lower after US rate hike spurs global selldown

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the second straight day, joining the global sell-down on equities after the United States Federal Reserve (Fed) hiked interest rates to curb rampant inflation. Read more >>

Thursday, September 22, 2022

FBM KLCI - ended sharply lower at intraday low in tandem with regional peers

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished at an intraday low of 1,447.18 with selling pressure seen across the board. Read more >>

Wednesday, September 21, 2022

FBM KLCI - snapped four-day losing streak to end higher

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped its four-day losing streak to end in the green, supported by bargain hunting in selected heavyweight stocks. Read more >>

Tuesday, September 20, 2022

FBM KLCI - ended sharply lower amid an oversold situation

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished sharply lower, weighed down by persistent selling in heavyweight stocks, in tandem with the weakness in most regional peers. Read more >>

Monday, September 19, 2022

FBM KLCI - likely to move sideways with a downward bias

Stocks on Bursa Malaysia ended broadly lower last Thursday with the benchmark FBMKLCI reversed its earlier gains to end lower after a lack-lustre trading session, as investors were reluctant to make more significant moves due to the absence of buying catalysts and ahead of a long weekend. Bursa Malaysia was closed on Friday, 16th September, for the Malaysia Day holiday. Read more >>

Thursday, September 15, 2022

FBM KLCI - closed at intraday low amid heavy regional selldown after Wall Street tumble

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished lower for the second consecutive day, dragged down by persistent selling across the board in tandem with the heavy sell-down seen in regional bourses after a tumble on Wall Street overnight. Read more >>

Wednesday, September 14, 2022

FBM KLCI - snaps four-day winning streak to end lower on profit-taking

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI snapped its four-day winning streak to end in the red, dragged by profit-taking in selected heavyweight counters, particularly banking stocks. Read more >>

Tuesday, September 13, 2022

FBM KLCI - marginally higher amid consolidation

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed marginally higher for the fourth consecutive day, in line with the stronger performance of regional bourses as investor sentiment continued to improve across the region. Read more >>

Monday, September 12, 2022

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

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI closed higher for the third consecutive day as market sentiment continues to improve across the region due to recovery in Wall Street, with technology counters leading the gainers. Read more >>

Friday, September 9, 2022

FBM KLCI - higher amid improved regional market sentiment after Wall Street rally

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed higher amid the improved regional market sentiment after a rally on Wall Street overnight, Read more >>

Thursday, September 8, 2022

FBM KLCI - higher on technical rebound amid weak regional markets

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI rising slightly on bargain hunting activities led by industrial products and services counters. A downbeat regional performance also weighed on sentiment. Read more >>

Wednesday, September 7, 2022

FBM KLCI - ended at intraday low on last-minute selling

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI erased earlier gains to close marginally lower at its intraday low due to profit-taking activities, particularly in financial services stocks, in the last 10 minutes of trading. Read more >>

Tuesday, September 6, 2022

FBM KLCI - slightly lower amid weaker regional market performance

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished slightly lower as investors seemed reluctant to make more significant moves due to the absence of buying catalysts, amid the weaker regional market performance. Read more >>

Monday, September 5, 2022

FBM KLCI - likely to move sudeways range-bound amid global uncertainties

Stocks on Bursa Malaysia ended broadly lower Friday with the benchmark FBMKLCI finished marginally lower after moving cautiously in a tight range ahead of the release of the US jobs data later in the day, and tracking the weakness in most regional peers. Read more >>

Friday, September 2, 2022

FBM KLCI - lower in tandem with weakness in most regional peers

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished lower weighed down by persistent selling pressure, in tandem with the weakness in most regional peers. Read more >>

Thursday, September 1, 2022

FBM KLCI - ended August on a positive note

Stocks on Bursa Malaysia ended higher Tuesday with the benchmark FBMKLCI closed higher for the fourth straight sessions at the intraday high, rebounding from earlier losses on persistent buying interest in heavyweight stocks. 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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