Millionaire Trend Trader: October 2022

Monday, October 31, 2022

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

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI staged a pullback for the second day running after having breached the 1,450-level on Wednesday, as profit-taking set in across the broader market. Read more >>

Friday, October 28, 2022

FBM KLCI - marginally lower on profit-taking amid mixed regional performance

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI gave up earlier gains to slip marginally lower as the key index struggled to stay in the green for most of the trading session, amid a mixed performance in regional markets. Read more >>

Thursday, October 27, 2022

FBM KLCI - rebounded to close at intraday high

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI rising higher on continuous buying spree in heavyweights mainly in healthcare, plantation, and telecommunications sectors after a marginal decline on Tuesday. Read more >>

Wednesday, October 26, 2022

FBM KLCI - snapped six days winning streak to close marginally lower

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI taking a pause after a six-day winning streak due to profit-taking in heavyweights led by Petronas Chemicals and Public Bank stocks. Read more >>

Tuesday, October 25, 2022

FBM KLCI - likely to continue trending higher amid cautious regional market undertone

Stocks on Bursa Malaysia ended broadly higher on Friday with the benchmark FBMKLCI finished higher for the sixth straight day against a backdrop of weak regional markets. Shares in the Asia-Pacific traded lower on Friday as investors weigh inflation data from several economies. Read more >>

Friday, October 21, 2022

FBM KLCI - rallies to close higher for the fifth straight day

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI shook off early losses to end the trading day higher for the fifth straight day, putting on 1.60 per cent, driven by buying interests in selected heavyweights led by Petronas Chemicals and Public Bank on improving risk appetite in the domestic market to a pre-election rally. Read more >>

Thursday, October 20, 2022

FBM KLCI - higher for the fourth straight day to close at intraday high

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI continued its upbeat momentum for the fourth consecutive trading day, gaining 1.05 per cent, lifted by buying in banking stocks as trading in the local market was cautiously optimistic given the improvement in the regional market sentiment. Read more >>

Wednesday, October 19, 2022

FBM KLCI - closed above 1,400 amid bullish regional performance

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI rallied to close higher amid strong buying interests mainly in plantation and telco stocks, settling above the 1,400-mark, on improving global market sentiment in the near term. Read more >>

Tuesday, October 18, 2022

FBM KLCI - higher amid mixed markets

Stocks on Bursa Malaysia ended on a mixed note yesterday with the benchmark FBMKLCI closing higher on continued buying in selected healthcare and utility counters which kept the benchmark index in the positive territory, in line with the regional markets as investors remained cautious over the economic outlook. Read more >>

Monday, October 17, 2022

FBM KLCI - likely to move sideways with an upward bias amid global market uncertainties

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI rebounded from Thursday's loss to end the week on a positive note, on renewed buying interest after Wall Street rallied overnight. Read more >>

Friday, October 14, 2022

FBM KLCI - down for the fifth consecutive session to the lowest level year to date

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its downtrend at the close for the fifth consecutive day hitting a new year-to-date low as cautious investors offloaded shares. Read more >>

Thursday, October 13, 2022

FBM KLCI - lower for the fourth straight session amid caution ahead of US inflation data

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI continued its downtrend to end lower for the fourth straight session due to a lack of buying interest as investors were cautious amid global economic uncertainties and US inflation data due this week. Read more >>

Wednesday, October 12, 2022

FBM KLCI - ended lower on global selldown

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished sharply lower, weighed down by persistent selling in heavyweight stocks due to the global market sell-down. Read more >>

Tuesday, October 11, 2022

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

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI falling 1.02% on lack of buying interest as investors digested the Budget 2023 announcements tabled on Friday, as well as on global sell-down. Read more >>

Friday, October 7, 2022

FBM KLCI - marginally lower on last-minute profit-taking ahead of Budget 2023

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally lower on last-minute selling ahead of the tabling of Budget 2023 today. Read more >>

Thursday, October 6, 2022

FBM KLCI - higher for the third day on Wall Street rally

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI higher for the third consecutive day, in line with regional peers amid improving sentiment after a rally on Wall Street overnight. Read more >>

Wednesday, October 5, 2022

FBM KLCI - higher on improving market sentiment

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI extended Monday’s gains to close higher, bolstered by the improving global sentiment and bargain hunting activities in selected heavyweight stocks. Read more >>

Tuesday, October 4, 2022

FBM KLCI - higher on oversold rebound, snapped eight-day losing streak

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI snapped eight days of losses to end higher on mild bargain-hunting activities. Read more >>

Monday, October 3, 2022

FBM KLCI - likely to continue trending lower

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI ended the last trading day of the third quarter of the year on a flat note. 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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