Millionaire Trend Trader: January 2022

Monday, January 31, 2022

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

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished higher for the third consecutive day due to bargain-hunting in the lower liners and technology stocks, as well as in banking stocks. Read more >>

Friday, January 28, 2022

FBM KLCI - rebounded to close marginally higher on last minute bargain-hunting

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished marginally higher due to bargain-hunting activities during the final hour of trading. Read more >>

Thursday, January 27, 2022

FBM KLCI - higher on oversold technical rebound in tandem with regional market performance

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI rebounded to close higher for the first time in eight sessions on bargain hunting in most sectors except plantation, ahead of the US Federal Reserve’s decision on its monetary policy stance. Read more >>

Wednesday, January 26, 2022

FBM KLCI - lower for for seven straight days amid regional volatility

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI falling for seven straight days amid regional volatility. Read more >>

Tuesday, January 25, 2022

FBM KLCI - down for the sixth straight session on persistent selling pressure

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI falling for six straight days on continuous selling pressure in most heavyweights led by gloves maker Hartalega, amid weak market sentiment. Read more >>

Monday, January 24, 2022

FBM KLCI - likely to stay in consolidation on continued cautious sentiment

Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI falling for five straight days amid cautious investors’ sentiment, in tandem with a regional sell-down. Read more >>

Friday, January 21, 2022

FBM KLCI - slightly lower amid consolidation

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI falling for the fourth straight session by 0.17 per cent on continuous selling in heavyweights led by Maybank, Public Bank and Petronas Chemicals. Bank Negara Malaysia yesterday maintained the overnight policy rate at 1.75 per cent during its first Monetary Policy Committee meeting in 2022. Read more >>

Thursday, January 20, 2022

FBM KLCI - down for three straight sessions on bearish sentiment

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI falling for the third straight session on bearish market sentiment led by banking stocks, ahead of Bank Negara Malaysia’s (BNM) decision after the conclusion of its first Monetary Policy Committee (MPC) today. Read more >>

Wednesday, January 19, 2022

FBM KLCI - likely to continue sliding lower on increase downward momentum

Stocks on Bursa Malaysia ended lower on Monday with the benchmark FBMKLCI falling 0.80 per cent on bearish market sentiment and weighed down by selling in selected heavyweights led by Dialog Group and Petronas Chemicals. Read more >>

Monday, January 17, 2022

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

Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI closing lower weighed by continuous profit-taking in selected heavyweights led by Press Metal and Public Bank, in line with the weaker regional market sentiment. Read more >>

Friday, January 14, 2022

FBM KLCI - rebounded to close higher, lifted by banking stocks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closing higher in volatile trading after a pullback on Wednesday, boosted by continuous buying support in selected heavyweights led by Petronas Chemicals and Maybank. Read more >>

Thursday, January 13, 2022

FBM KLCI - ended slightly lower on profit-taking correction

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversing some of its earlier losses to close slightly lower due to profit-taking mainly on banking stocks, after rising for three consecutive days, Read more >>

Wednesday, January 12, 2022

FBM KLCI - ended at intraday high for the second straight day lifted by banking stocks

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closing higher at its intraday high for the second day running on continuous buying support in selected financial services counters led by Maybank and Hong Leong Bank, amid mixed performance on regional bourses. Read more >>

Tuesday, January 11, 2022

FBM KLCI - closed at intraday high on late buying in selected heavyweights

Stocks on Bursa Malaysia ended on a mixed note yesterday with the benchmark FBMKLCI closing at its intraday high on late buying in selected heavyweights led by CIMB and Press Metal as investors continued to bargain hunt for glove and banking heavyweights, amid mixed performance on regional bourses. Read more >>

Monday, January 10, 2022

FBM KLCI - likely to move sideways range-bound amid cautious sentiment

Stocks on Bursa Malaysia ended the first trading week of 2022 on a firm note, with gains recorded across the board thanks to continuous buying support for small capitalisation stocks and selected heavyweights. Read more >>

Friday, January 7, 2022

FBM KLCI - slid lower as US tapering weighs on sentiment

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI languishing in negative territory for the entire day, as regional sentiment was dampened by the United States (US) bond tapering Read more >>

Thursday, January 6, 2022

FBM KLCI - higher on technical rebound lifted by rubber glove stocks

Stocks on Bursa Malaysia ended higher on the third trading day of 2022 with the benchmark FBMKLCI finished higher on buying support in selected heavyweights led by rubber glove makers, Top Glove and Hartalega, amid concerns over the new IHU Covid-19 variant. Read more >>

Wednesday, January 5, 2022

FBM KLCI - down for the second straight day amid lack of catalyst

Stocks on Bursa Malaysia ended mixed on the second trading day of 2022 with the benchmark FBMKLCI remained in a bearish mode due to further profit-taking activities amid the lack of market catalysts. Read more >>

Tuesday, January 4, 2022

FBM KLCI - pullback on profit-taking correction after the end of window-dressing activity

Stocks on Bursa Malaysia ended the first trading day of 2022 on a mixed note as the benchmark FBMKLCI remained in negative territory on the back of continuous selling among the heavyweights, while on the broader market, gainers outnumbered losers. Read more >>

Monday, January 3, 2022

FBM KLCI - likely to consolidate after a strong moves

Stocks on Bursa Malaysia finished higher on Friday, the last trading day of year 2021, with the benchmark FBMKLCI ended sharply higher to close at its intra-day high, after wallowing in the red all day, owing primarily to bargain-hunting and window-dressing activities in 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

"T+10 interest FREE margin trading account"