Shanghai still red despite the easing...
and yeah.. last night US stocks gave everyone a big surprise! BOOHAAA...

*financial independence* ?
ehhh i tot i'm in the wrong forum...
***START OT***
imo, while it's good to have FI, young ppl have to aim higher... your expenses will keep going up as your commitments increase.. not to mention ur lifestyle changes too.. will probably be like rat race in the end..
don't be too concerned over what is FI, focus on earning more moolah and create more income streams! FI will eventually come without u realizing..
***END OT***

looks like this is a very fake bear... i may have to go back hibernating.... *fingers crossed*
that William Dudley... really banyak mulut... talk less plz...

This post has been edited by mopster: Aug 27 2015, 02:46 PM

so nice to goreng in china..... just dun be too greedy

QE, probably not.. unless there's a surprise drop in US GDP or Employment.. FED is data dependent ...
Currently, US Housing Price up generally, GDP & Employment are within expectation... so the hot topic is still on rate hike...

but i really dun like the idea of having a Fed Governor talking crap once in a while to roil the mkt..
yesterday William Dudley said likely no rate hike.. (yes, a voting member)
then today George Esther says yes to rate hike... (i think not a voting member)

anyway, it's really matter of time b4 they actually do it.. if the mkt escapes sept. hike, it may still come later in Q4.. just a longer wait...
good for traders, though...
i think there will still be some volatility b4 FOMC meeting..

This year's Jackson Hole is boring, because JYellen and MDraghi are not there...

http://www.cnbc.com/2015/08/24/market-talk...ter-of-qe4.html
US analysts really talk about anything they can think of, just to get attention.

---

as for our dear KLSE, as long as Oil up and RM up, KLCI should like it...
while BNM forex reserve is a concern, there's no need to worry too much about it.. it's still above 90B, about 1x short term debt, there's trade surplus, current acct. surplus... etc..

the earning season is almost over, i'm not following closely, but generally the companies are doing "ok" ?
surprisingly, rating agencies S&P, Moodys are suddenly +ve with M'sia... such a weird bunch...

looking forward to CIMB's earnings tomorrow...

just my personal view...

This post has been edited by mopster: Aug 28 2015, 12:43 AM

hmm Dow future is about -330p now... i wonder if it's a bear trap in the making....
so many data out today, China factory slows, Europe,, as usual, everyone down except Germany up.. LOL...
last week's article on on Fed member's view on rate hike.
seems like there wont be a hike this month... especially when Fishcer said they're looking at china's data,,,,

http://www.marketwatch.com/story/where-eve...ates-2015-08-28
---
Fitch warns of downgrade risk in Malaysia’s rating outlook
http://www.themalaysianinsider.com/malaysi...-rating-outlook

round they say, square they say, flat they say...

This post has been edited by mopster: Sep 1 2015, 04:47 PM

hahaha NYSE gonna invoke Rule48 again.... ./yawn
putting a limit to the selldown...
----
Everyone is actually very scared of China now.. lol.. just some bad data can send the whole mkt shaking..
awesome China! u've earned ur place in the world

This post has been edited by mopster: Sep 1 2015, 09:16 PM

it's time to buy when they are bearish.... it's like a doctor wont declare a patient dead until the patient really died...
but need to filter out those Permabears first...

This post has been edited by mopster: Sep 3 2015, 05:22 PM

so, forex reserves up....
US employment below 200,000...
party on Monday ???

http://www.themalaysianinsider.com/busines...k-supports-yuan



any sifu mind to explain ?
china devalued yuan and cut interest rates to make their currency cheaper... but at the same time, they're spending forex reserves to support the yuan... isn't that contradicting ?

or they just want to take the opportunity to take some profit from high USD ?

This post has been edited by mopster: Sep 7 2015, 09:51 PM

QE4 coming ??? O.o
Nikkei up 6%, HSI 3%, US Futures +1% across,

that's timing the mkt at grand master level...
well.. imo, stocks usually bottoms when the worst news is out..
so.. an example would be.. when FED actually hikes rates... that could be the news sends US mkt flying...
but what happens after that, needs higher level of mkt timing skill..

for Crude Oil... i'm looking at october, when refiners shut down for maintenance in US.. Oil may bottom and then rebound from there...

but these are all short term forecasts (guessing)... i prefer longer term outlook... coz i'm a long term buyer...

my whole 2015 is wasted just like that.. thanks to Auntie Yellen's excellent procrastination skill..
let's hope 2016 will provide better opportunities

----

if u're hunting divvy stocks, get those with at least 2-3% premium to FD...
meaning at least 6%-7% sustained DY..
that additional 2%-3% will be the safety margin for the additional risks u take..
risks include possible chaos when fed hikes rate.. nobody is really sure what will happen to EM when that happens..
just my opinion...

----
stupid DJ Future jump 250+

This post has been edited by mopster: Sep 25 2015, 05:28 PM

http://www.bloomberg.com/features/2015-sto...t-trading-game/

mkt's boring.. let's play some game... click on the link above~~~~

lucky trade.. lol


This post has been edited by mopster: Oct 20 2015, 03:14 PM

Congrats to the champion~~~
let's welcome him to the real world...
Student earns RM101,000 in 4 hours, drives home a Volkswagen Beetle
http://www.thestar.com.my/Business/Busines...-Sim/?style=biz


This post has been edited by mopster: Nov 11 2015, 05:19 PM