Millionaire Trend Trader: November 2022

Wednesday, November 30, 2022

FBM KLCI - down on continued profit-taking

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished the day in negative territory as profit-taking activities continue following the strong rally last Thursday. Read more >>

Tuesday, November 29, 2022

FBM KLCI - likely to trend higher on removal of political uncertainties

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI reversed Thursday’s strong gains to close below the 1,500 psychological mark on profit-taking amid a weak external front. Losses in Axiata and Maxis dragged the composite index down by a combined 4.20 points, while Top Glove was the biggest loser among the 30 constituents of the FBMKLCI index. Read more >>

Friday, November 25, 2022

FBM KLCI - rallies to close above 1,500 on political clarity

Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI rallied to a near three-month high, on bullish market sentiment following the clarity in the local political scene with the appointment of Datuk Seri Anwar Ibrahim as Malaysia’s 10th Prime Minister, coupled with positive external developments that fuel investors’ risk appetite. Read more >>

Thursday, November 24, 2022

FBM KLCI - snapped three day losing streak on technical rebound

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped a three-day losing streak despite the continuing uncertainty on the domestic political front as investors looked ahead to the US Federal Reserve’s (Fed) meeting minutes, which could offer clues on further interest rate hikes by the United States. Read more >>

Wednesday, November 23, 2022

FBM KLCI - down for the second straight day on cautious market sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its downbeat mode for the second consecutive day as market sentiment continued to be weighed by the latest developments in the local political scenario amid a weak external front, as investors were still wary amid the ongoing uncertainty over the formation of a new government. Read more >>

Tuesday, November 22, 2022

FBM KLCI - ended slightly lower as market awaits new government formation

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI pared most of its early losses to close marginally lower, as uncertainty over the formation of a new government continued to weigh on market sentiment. Read more >>

Monday, November 21, 2022

FBM KLCI - likely to see high volatility on political uncertainties post GE15

Stocks on Bursa Malaysia ended lower last Thursday with the benchmark FBMKLCI snapped its three days of losses to end higher, supported by last-minute buying as some investors took position ahead of the 15th General Election (GE15) over weekend. Read more >>

Thursday, November 17, 2022

FBM KLCI - extends loss on caution ahead of GE15

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its loss amid a weaker regional market performance and as cautious investors offloaded shares ahead of the 15th General Election (GE15), and the key index has remained downbeat due to selling pressure in selected heavyweight in banking, plantation, and glove stocks. Read more >>

Wednesday, November 16, 2022

FBM KLCI - down for the second day on profit-taking

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI closed lower for a second consecutive day, as sentiment turned jittery with investors trimming their positions ahead of the 15th General Election (GE15). Read more >>

Tuesday, November 15, 2022

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

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower on profit-taking activities amid mixed sentiment across the region. Read more >>

Monday, November 14, 2022

FBM KLCI - likely to move higher on improving sentiment

Stocks on Bursa Malaysia ended broadly higher on Friday with the benchmark FBMKLCI finished higher, lifted by a strong recovery in global equities and the newly-released positive economic data for the third quarter (Q3) of 2022. Read more >>

Friday, November 11, 2022

FBM KLCI - higher amid weak regional performance

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI rising slightly, supported by gains in half of the key index components, particularly glove-related heavyweight stocks, amid a downbeat regional performance. Read more >>

Thursday, November 10, 2022

FBM KLCI - rebounded to end marginally higher amid mixed regional performance

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed marginally higher, gaining 0.33 per cent, in sync with the mixed performance in the regional markets. Read more >>

Wednesday, November 9, 2022

FBM KLCI - down marginally on profit-taking

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI gave up its earlier gains to end lower on persistent profit-taking driven by weaknesses in regional peers. Read more >>

Tuesday, November 8, 2022

FBM KLCI - higher for the second day amid improved regional market sentiment

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversed earlier losses to close higher amid improved regional market sentiment and last-minute buying in local equities led by Maxis Bhd and PPB Group Bhd. Read more >>

Monday, November 7, 2022

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

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI surged to close at an intraday high amid a buoyant regional performance driven by hopes that China will soon relax its strict Covid-19 restrictions. Read more >>

Friday, November 4, 2022

FBM KLCI - tumbled to end sharply lower at intraday low

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI ended at an intraday low of 1,420.38 on heavy selling pressure amidst weak regional market sentiments. Read more >>

Thursday, November 3, 2022

FBM KLCI - rebounded to end higher, in line with regional peers

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI reversed Tuesday’s losses to close in the positive territory in line with the strong performance on regional peers on hopes the US Federal Reserve (Fed) will be less aggressive on the interest rates hike. Read more >>

Wednesday, November 2, 2022

FBM KLCI - bucks regional trend to end lower

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI retreated from Monday’s gains to end lower on profit-taking in most heavyweights despite the upbeat performance in regional peers. Read more >>

Tuesday, November 1, 2022

FBM KLCI - ended higher in line with regional peers

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI finished sharply higher after two consecutive days of losses, with buying interest mainly in plantation, oil-and-gas, banking as well as telecommunications heavyweights, tracking regional market peers amid the improved performance of global equities. 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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