Millionaire Trend Trader: May 2023

Wednesday, May 31, 2023

FBM KLCI - down on cautious sentiment ahead of us debt ceiling vote

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished at its intraday low amid mounting caution ahead of the US debt ceiling bill vote as early Wednesday. Read more >>

Tuesday, May 30, 2023

FBM KLCI - marginally higher amid mixed regional markets

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished in positive territory after a see-saw trading session, boosted by gains in selected heavyweights led by Press Metal and CelcomDigi. Read more >>

Monday, May 29, 2023

FBM KLCI - likely to stay in consolidation amid cautious trading

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI recouped earlier losses to close marginally higher, lifted by late buying in utilities and technology counters, in line with the upbeat performance in most regional bourses. Read more >>

Friday, May 26, 2023

FBM KLCI - down for the fourth consecutive day on weak sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the fourth straight session as late selling in plantation counters dragged the key index to end at its intraday low, in line with the mostly downbeat performance on regional peers. Read more >>

Thursday, May 25, 2023

FBM KLCI - down for the third straight session amid weak sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished slightly lower today despite late gains in selected industrial products and services as well as telecommunications and media counters. Read more >>

Wednesday, May 24, 2023

FBM KLCI - down for the second day amid weak sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended Monday’s losses to end lower on continued selling in financial services, as well as industrial products and services counters, amid weaker sentiment on regional bourses. Read more >>

Tuesday, May 23, 2023

FBM KLCI - snapped 4-day winning streak to end lower

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI snapped its four consecutive days of gains to end lower on continued selling in financial services and telecommunication counters despite the upbeat sentiment on regional bourses. Read more >>

Monday, May 22, 2023

FBM KLCI - likely to climb higher on improved sentiment

Stocks on Bursa Malaysia ended mixed Friday with the benchmark FBMKLCI closed marginally higher today, as last-minute bargain-hunting activities emerged amid mixed market sentiment. Read more >>

Friday, May 19, 2023

FBM KLCI - higher for the third straight day on improved sentiment

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI recouped earlier losses to close higher, in sync with the upbeat performance in regional bourses as market sentiment turned positive, fuelling investors' risk appetite. Read more >>

Thursday, May 18, 2023

FBM KLCI - marginally higher amid mixed regional markets

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI staged a mild gain as investors took some profits, but the continuous buying support in selected heavyweight counters managed to push the key index into positive territory at the close. Read more >>

Wednesday, May 17, 2023

FBM KLCI - rebounded to snap 5-day losing streak on bargain hunting

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped a five-day losing streak to close higher, in tandem with the uptrend in regional bourses, buoyed by bargain hunting in selected heavyweights. Read more >>

Tuesday, May 16, 2023

FBM KLCI - down for the fifth straight session on weak sentiment

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its downtrend to close lower today for the fifth consecutive session as weak market sentiment due to external developments weighed on investors’ risk appetite. Read more >>

Monday, May 15, 2023

FBM KLCI - likely to stay in consolidation with a bearish bias on lack of fresh catalysts

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI gave up earlier gains to slip lower for a fourth straight day as investors brushed off the country’s stronger-than-expected gross domestic product (GDP) data in the first quarter of 2023 (1Q 2023), with a 5.6 per cent expansion year-on-year (y-o-y), thereby beating consensus expectations. Read more >>

Friday, May 12, 2023

FBM KLCI - down marginally for the third consecutive day in tandem with regional peers

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed flat as the cautious investor sentiment pushed the key benchmark index down for a third straight day. Read more >>

Thursday, May 11, 2023

FBM KLCI - ends lower for second consecutive day in tandem with weak regional performance

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its decline for a second consecutive day, dragged down by selling mainly in banking stocks, in tandem with the weak regional performance. Read more >>

Wednesday, May 10, 2023

FBM KLCI - marginally lower on profit-taking amid tight range movement

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished marginally lower due to profit-taking, particularly in banking and plantation stocks. Read more >>

Tuesday, May 9, 2023

FBM KLCI - higher on follow through rebound, in line with regional performance

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI erasing earlier gains to end slightly higher in tandem with the regional performance. Read more >>

Monday, May 8, 2023

FBM KLCI - likely to move sideways with an upward bias

Stocks on Bursa Malaysia ended broadly lower on Friday with selling mainly on technology and industrial products and services counters, while the benchmark FBMKLCI finished higher due to buying interest in selected heavyweights. Read more >>

Friday, May 5, 2023

FBM KLCI - likely to stay in consolidation after U.S. Fed rate hike

Stocks on Bursa Malaysia ended lower on Wednesday with the benchmark FBMKLCI finished marginally lower after Bank Negara Malaysia (BNM) unexpectedly raised the overnight policy rate (OPR) by 25 basis points (bps) to 3.0 per cent. Read more >>

Wednesday, May 3, 2023

FBM KLCI - higher on bargain-hunting, in line with regional trend

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher today on bargain hunting, led by banking, gaming, and oil and gas stocks as the local bourse moved up along with key regional markets. Read more >>

Tuesday, May 2, 2023

FBM KLCI - likely to move sideways range-bound during the holiday-shortened trading week

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished the holiday-shortened trading week marginally lower as investors sold financial services and plantation blue chips ahead of another holiday-shortened trading period this week, bucking the mainly positive regional trend. 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

"T+10 interest FREE margin trading account"