enough of fruit coming down la.....go up up up again leh hehehe
my FB was performing well too

enough of fruit coming down la.....go up up up again leh hehehe
my FB was performing well too

i think most of the tech big caps are doing fine. these r profitable, good cashflow cos., not dotcoms for sure.

one subsector not looking good - pc/pc makers. microsoft, intel n the like are going down, giving warnings. becos pc's now getting overwhelmed by smartphones n tablets. but these cos. will adapt, we know, just need time.

aapl has been exceptional. they continue to come out with new products, non stop.
use of solar, apple watch, and now appletv "skinny bundles" - a threat to those big bundles cable tv.

The future is in the cloud. As long as everyone keeps looking for cat pictures and porn the world's hunger for data storage and transmission will continue to grow.

ya, that's why buffet is betting on ibm.

but ibm price... not looking too good lately....

There are still other fish in the sea. Clue: look at how information is being generated is being created, stored, retrieved and manipulated. When you understand the whole cycle of data you'll understand why players like Google and FB completely turned the market on its head and why the IBMs and Intels are struggling. There are still HW plays out there but the real game is in software.
There are some really exciting companies out there just waiting to be IPOed. I'm eyeing companies like Palantir which are still privately held but will IPO sooner or later.

Many investors believe the Federal Reserve will remove the word "patient" from its policy statement on Wednesday, paving the way for an interest rate hike as early as June, but analysts warn that a dovish surprise would send the U.S. dollar sprawling.

"U.S. dollar long positions are at record levels and the currency markets have already priced in the removal [of word "patient" from its statement] and a rate hike in June," said National Australia Bank's co-head of FX Strategy Ray Attrill. "[If the Fed don't remove "patient"], the U.S. dollar could fall by one to two percent against major currencies such as the euro and Australian dollar."

While dollar declines would be swift, they shouldn't be unexpected given the greenback's recent run-up. The U.S. dollar index has risen around 25 percent since July 2014 as investors priced in an eventual Fed rate hike and amid the search for yield against a back drop of central bank easing around the world.
http://www.cnbc.com/id/102513830

all eyes on yellen again tonight. look for the word "patient".
patient = stocks rise, usd dive
no patient = stocks dive, usd rise
??

Market wants to parse every word that Yellen is going say. 

that's for pro like yourself to make (even) more money. 

No.. this time, I've have no big bet on either direction.

Sometimes it is better to stay at sidelines and wait.   

Aiya! she ruin my bear bear. 

Actually, if you think about this, nothing she said was actually suppose to be positive for the market (because of  the pending rate hike later and continuation of a stronger dollar) but because the bears were so scare of their positions, they ran caused the short covering rally.

what happened as a result of what yellen said...

us stocks up 1.3%
oil price up 5%
usd lost 1.1% to rm (1-3% for others)

so, in rm terms... net gain 0.2%.
biggest winners were obviously oil/energy stocks.

we'll see if the rally continues tonight...

i want usd to drop more, rm to up more. so that i can put more money on foreign shares, same as you.