Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 23, 2022 12:18 PM | Report Abuse What should you invest in during a recession? During a recession, defensive stocks can help protect your portfolio. “Companies that sell essential services and goods, such as food, electricity (and) shelter are generally non-cyclical and less exposed to economic cycles,” Katz says.12 Sept 2022 |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 23, 2022 12:18 PM | Report Abuse Posted by BradonOoi > 21 seconds ago | Report Abuse Panic sell. Seems like market is not optimistic over Genting getting Macau gaming license... ------------------------------------------------------------------ Macau licence application is not exactly a bad news. Pre-covid days Macau was the global number 1 gaming market. During bull market, this news could be greeted by a rally base on Macau licence theme play. Strong selling more likely due to bear market's dominant downward force exerting itself, hence price moving lower and lower. Global stock indexes all red everywhere. There is little catalyst for the bulls to start coming in after very hawkish FED during FOMC post-conference. The average Fed members' forecast pivot rate is 4.6%. Some area of the economy may crack big time (especially highly indebted and stressed sectors/companies) and may evolve into another financial crisis some time down the road. FedEx and Ford already sounded warning bells on weak earnings forward. In summary, its a bear market. |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 23, 2022 12:18 PM | Report Abuse Utilities...Utilities and Utilities |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 23, 2022 12:21 PM | Report Abuse 4.40 just cracked. Now gunning for 4.30??? |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 23, 2022 12:41 PM | Report Abuse Tenaga and U96, Sembcorp industries ...best utilities stocks in the region |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 23, 2022 3:27 PM | Report Abuse Today's selling exceptionally strong. Various levels of 500k buy q taken down easily by sellers. Hiong! |
limkokthye 6039 posts | Posted by limkokthye > Sep 24, 2022 12:52 PM | Report Abuse Monday sure terible. Rm3.00 coming again |
BILLC 2025 posts | Posted by BILLC > Sep 24, 2022 12:59 PM | Report Abuse 3.00 is impossible,,,our Genting sinkalin comrades used to say 8.00 is coming once everything is back to normal,,,, Wakakaka,,, |
|
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 24, 2022 3:12 PM | Report Abuse Things aren't back to normal yet. Ang mohs spoil the fun la.. |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 24, 2022 3:20 PM | Report Abuse https://youtu.be/mqZu17QWZgk |
StartOfTheBull 7352 posts | Posted by StartOfTheBull > Sep 24, 2022 3:47 PM | Report Abuse No more foreign fund for now. |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 24, 2022 6:00 PM | Report Abuse FF net outflow was -rm193m on 21/9. Another -rm123m on 22/9. I think for 23/9 shd be over -rm100m. These are hot money, fair weather friends that will run away when bursa in trouble. |
RWG 1051 posts | Posted by RWG > Sep 26, 2022 9:45 AM | Report Abuse sell first sell first buy back lower |
Investmalaysiaa 300 posts | Posted by Investmalaysiaa > Sep 26, 2022 10:15 AM | Report Abuse Foreign funds buy USD lo |
BradonOoi 584 posts | Posted by BradonOoi > Sep 26, 2022 10:51 AM | Report Abuse More cheap price to collect |
DestinyL 4714 posts | Posted by DestinyL > Sep 26, 2022 11:16 AM | Report Abuse https://www.asgam.com/index.php/2022/09/24/malaysias-resorts-world-genting-to-reach-95-of-pre-covid-revenue-levels-in-2023-fitch/ |
emsvsi 3508 posts | Posted by emsvsi > Sep 26, 2022 12:07 PM | Report Abuse YES IN 2024 GENTING WILL REACH ALL TIME HIGHS TO THE SKIES AND BEYOND |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 26, 2022 12:23 PM | Report Abuse Daily Trading Participation As at 23 September 2022 Participation Participation % Bought (RM Mil) Sold (RM Mil) Net (RM Mil) Foreign 29.31% 352 571 -218 FF net sold -RM218m last Friday. USD abt to breach 4.60 ringgit today. |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 26, 2022 12:31 PM | Report Abuse wow....really red red everywhere |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 26, 2022 12:48 PM | Report Abuse Selfish ang mohs manipulate the entire market through creating the Ukrainian war and Taiwan strait tension to push up the USD, forcing other currencies down.....causing inflation in other countries Bringing down US inflation is their main objective in this currency war |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 26, 2022 1:12 PM | Report Abuse Inflation took so long to really take off, 14 years of ZIRP and non-stop QE money printing reaching USD9T on Fed's balance sheet. The inflation genie is out of the bottle now, not easy to get it back into the bottle. I believe fed is going to hike 0.75% on Nov based on what Powell said on post FOMC conference last week especially the Q&A part. |
WinSSP 323 posts | Posted by WinSSP > Sep 26, 2022 1:44 PM | Report Abuse Agree @Michael Chan. Now we see more panic among the investors, hardly any greed for stock market. Go visit Genting Highlands or Resorts World Sentosa n see whether good business or not :) |
WinSSP 323 posts | Posted by WinSSP > Sep 26, 2022 1:46 PM | Report Abuse hope can collect more if 4 or below….fd rate still lowish at 3.4% per annum |
emsvsi 3508 posts | Posted by emsvsi > Sep 26, 2022 3:07 PM | Report Abuse YES WHEN YOU ARE A SAFESTOCKPLAYER YOU WILL ALWAYS BE A WINNER ! |
BILLC 2025 posts | Posted by BILLC > Sep 26, 2022 3:23 PM | Report Abuse 2 sifu yg atas ni dari covid times ciakap buy,buy,buy,,,sampai covid yilekkk pon sama lagi,,, Ini bukan sifu lagi tapi siputttttt lah,,,. Wakakaka,, |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 26, 2022 3:45 PM | Report Abuse Really in bear market... bear with it. |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 26, 2022 7:14 PM | Report Abuse https://thereformedbroker.com/2022/09/25/bear-in-mind/ Bear in mind.. |
StartOfTheBull 7352 posts | Posted by StartOfTheBull > Sep 26, 2022 9:08 PM | Report Abuse Very true, the bear is gaining ground. Any reversal would only be seen when Federal Reserve signals no more additional interest rate hike. Points to ponder. |
DestinyL 4714 posts | Posted by DestinyL > Sep 26, 2022 9:56 PM | Report Abuse What I'm more worried about this bear, is if it will bring any catastrophic real world collapse in any industry. This will in turn cause a chain reaction Property is one industry where the danger lies, probably not banking (yet) |
newbie2019 1679 posts | Posted by newbie2019 > Sep 26, 2022 10:58 PM | Report Abuse kaboom…….perfect storming |
Casual_Analyst 22 posts | Posted by Casual_Analyst > Sep 26, 2022 11:45 PM | Report Abuse https://www.cnbc.com/2022/09/26/jefferies-upgrades-las-vegas-sands-and-wynn-resorts-as-stocks-soar-on-macao-reopening.html https://www.cnbc.com/2022/09/26/stocks-making-the-biggest-moves-premarket-pge-lyft-las-vegas-sands-more.html Just sharing :D |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 27, 2022 12:31 PM | Report Abuse At Klci 1400 level, genting has not much meat for the shortists |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 27, 2022 12:32 PM | Report Abuse Banking stocks are full of meat.. |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 27, 2022 12:39 PM | Report Abuse There are very little officially declared shorts in GentB for a long time. I think most of the selling recently has been done by FFs. When so many people are bearish and on one side of the boat, the opposite may happen in a sudden and spark a technical rebound. |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 27, 2022 1:00 PM | Report Abuse 1400 support is rather strong...should see a technical rebound or 逃命波 |
AngTayKor 1603 posts | Posted by AngTayKor > Sep 27, 2022 4:44 PM | Report Abuse Not bad. Quite resilient today. Professional cha cha dancers like to watch price action especially late afternoon onwards. |
choysun 4227 posts | Posted by choysun > Sep 27, 2022 8:32 PM | Report Abuse Reversal time :) |
newbie2019 1679 posts | Posted by newbie2019 > Sep 28, 2022 7:33 AM | Report Abuse ……. dollar cost averaging? or time the market? |
firehawk 4769 posts | Posted by firehawk > Sep 28, 2022 8:46 AM | Report Abuse Participation Participation % Bought (RM Mil) Sold (RM Mil) Net (RM Mil) Foreign 29.48% 520 614 -95 Local Institution 46.05% 903 869 34 Local Retail 24.47% 501 440 61 Total 100.00% 1,923 1,923 0 FF selling, local funds and retailers buying! |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 28, 2022 8:47 AM | Report Abuse hmmmm..from economy point of view..in this currencies crisis, the yen, pound, euros and many other currencies have depreciated by 10 - 25% to USD. People will try to avoid travelling to the US. Instead strong dollar makes it a good time for Americans to visit UK, Europe and many other countries |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 28, 2022 8:49 AM | Report Abuse Fewer people are visiting US means the upcoming RWLV financial report could be... bad |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 28, 2022 8:56 AM | Report Abuse Considering this recent currency crisis...between GenM and GenB..which is a better investment ar?? |
DestinyL 4714 posts | Posted by DestinyL > Sep 28, 2022 3:37 PM | Report Abuse Based on new york casino, not much difference so far |
DestinyL 4714 posts | Posted by DestinyL > Sep 28, 2022 3:39 PM | Report Abuse https://www.gaming.ny.gov/gaming/index.php?ID=5 Check this link, you can see RWNY, Catskills, RWNassau gameplay details up to August |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 28, 2022 4:36 PM | Report Abuse Thanks DestinyL. |
Michael_chan2022 3254 posts | Posted by Michael_chan2022 > Sep 28, 2022 4:38 PM | Report Abuse Sea of red...panic sell everywhere ....klci holding up well |
kl_guy 1389 posts | Posted by kl_guy > Sep 28, 2022 8:09 PM | Report Abuse https://finance.yahoo.com/news/biogen-stock-50-higher-new-alzheimers-drug-111511713.html Biogen stock explodes higher after potential 'mega blockbuster' Alzheimer's drug study |
kl_guy 1389 posts | Posted by kl_guy > Sep 28, 2022 8:10 PM | Report Abuse www.digitaljournal.com/pr/alzheimers-drugs-market-will-generate-new-growth-opportunities-2022-2028-pfizer-inc-janssen-pharmaceutical-novartis-international-ag Alzheimer’s Drugs Market will generate new growth opportunities 2022-2028 | Pfizer, Inc., Janssen Pharmaceutical, Novartis International AG |
DestinyL 4714 posts | Posted by DestinyL > Sep 28, 2022 10:40 PM | Report Abuse Let's see what our expert in Taurx has to say. If biogen gets the nod, they could be the first to eat the biggest slice of the pie Taurx returns could potentially be halved if they even succeed |
DestinyL 4714 posts | Posted by DestinyL > Sep 28, 2022 10:44 PM | Report Abuse However, after the recent surge from Taurx, I caught alot of keywords such as "potentially", "gives hope", "if", another "potentially", "believe" lol |