Stocks pick or tips from Bloomberg: http://www.bloomberg.com/news/videos/2015-...surge-this-year

Conclusion

In favour: KAREX, TOP GLOVE, UCHI, MALAYSIAN PACIFIC, INARI
Avoid: AIRASIA, BAT, AXIATA

Spike in government bond yield

PETALING JAYA: A weaker ringgit coupled with external headwinds have caused yields for Malaysian Government Securities (MGS) to climb to as much as 50 basis points (bp) since July.

In over a month, the yield for 10-year MGS also saw a similar pattern, rising over 40bp from 3.9% to 4.31% – the highest since January 2010.

URL: http://www.thestar.com.my/Business/Busines...ield/?style=biz

US market closed in RED

URL: http://www.theedgemarkets.com/my/article/w...ter-fed-minutes

This post has been edited by David83: Aug 20 2015, 07:38 AM

SSE composite dropped 3.42%

WTI crude is nearing USD 40 per barrel

Top up, jangan tak top up!

My portfolio is struggling to maintain IRR at 3%.

Stocks plunge 2% on Fed, growth concerns

U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China.

The S&P 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. ( Tweet This )

URL: http://finance.yahoo.com/news/dow-slips-tr...-140214802.html

Poll: Where 17 Fund Houses Are Investing For The Remaining Of 2015

For this poll, we asked the fund houses to pick their favourite asset class, favourite single country and favourite regional market for the remaining year of 2015. Below is the poll results compiled from 17 participating fund houses.

REMAIN DIVERSIFIED

Whether it is investing in Malaysia, US, North Asia, Developed Markets, equities or bonds, investors still need to bear in mind that a diversified portfolio approach is Fundsupermart's recommended way of investing. Amanah Mutual Berhad, RHB Asset Management Sdn Bhd, TA Investment Management Berhad and Manulife share the same approach.

Manulife sums it well, "The global markets are expected to be volatile for the remaining of 2015 given lingering concerns over Greece and China. On the local front, weakening ringgit, lower commodity prices and political risk are among the factors deemed to be influencing the Malaysian market performance for the rest of year. Given such market volatility, getting your asset allocation right is key albeit a challenging one. Unless you have time to closely monitor the market, it is always good to leave this decision to the professional fund managers. On this regard, flexible asset allocation strategy that enables you to swing from equities to fixed income/cash during adverse equity market condition or vice versa when risk-on pays off would most probably be a winning strategy."

URL: http://www.fundsupermart.com.my/main/resea...?articleNo=6204

Ringgit falls to nearing 4.18 per USD

Nilai Ringgit paling lemah sejak 1998

URL: http://www.malaysiakini.com/news/309408

Drenched in red: Wall Street plunges in worst weekly retreat since 2011

U.S. markets tumbled more than 5% this week as worries mounted over the state of the global economy.

The S&P 500 plummeted 64.8 points, or 3.2%, on Friday, capping a painful week that saw the broad-market barometer shed 5.8%. Meanwhile, the Dow Jones Industrial average dropped 530.9 points, or 3.1% on the day. It was the steepest drop since August 2011 for the blue-chip average. Meanwhile, the Nasdaq Composite dropped 171.5 points, or 3.5%. All three major benchmarks are now in the red for 2015, and the Dow narrowly entered correction territory.

URL: http://finance.yahoo.com/news/drenched-in-...-201140355.html

Oil ends down more than 2 percent as U.S. drilling points to glut

NEW YORK (Reuters) - U.S. oil prices traded below $40 a barrel for the first time since the 2009 financial crisis, ending 2 percent lower on Friday on signs of U.S. oversupply and weak Chinese manufacturing and notching the longest weekly losing streak in almost three decades.

U.S. crude dipped below the $40 threshold following weekly data that showed U.S. energy firms added two oil drilling rigs last week, the fifth increase in a row. The rise in the number of rigs emerging after a second quarter lull in prices is adding to concerns U.S. shale production is proving slow to respond to falling prices, prolonging a global glut. [RIG/U]

URL: http://finance.yahoo.com/news/feels-1986-o...-035541446.html

Spammer

How low can the market go?

Strategists say there could be more downside to the FBM KLCI

OVER the past one year, the FTSE Bursa Malaysia KLCI Index (FBM KLCI) and the domestic market have been taking hits from numerous angles. Concerns over the drop in the price of commodities and politics, together with the imminent increase of rates by the US Federal Rerserve, have battered the market and the ringgit.

The confluence of factors has eroded investor sentiment. The biggest impact has been the fall in the price of Brent crude oil for oil-producing Malaysia. Since last June, Brent is down more than 50% to its current level of US$48.

Meanwhile, Malaysia’s other important produce, crude palm oil is also down some 20% to its current level of RM1,987 over that same period.

With the country primarily being an exporter of petroleum and palm oil-related products, the rout in commodity prices is already impacting the earnings of oil and gas (O&G) as well as palm oil-related companies.

Nonetheless, latest trade figures are surprisingly firm. Up to the latest trade figures announced in June, overall export and import figures are still surprisingly firm. In fact, Malaysia’s trade surplus increased by RM2.5bil to RM8bil as of that period.

URL:　How low can the market go?

This post has been edited by David83: Aug 22 2015, 05:51 PM

Idea Of The Week: Emotions Hinder Good Decision Making [21 August 2015]

THE SEVEN SINS

James Montier, the author of Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance, summarised common human biases into the “Seven Sins” of money management:

Evidence shows that investors are bad at forecasting, even though it could be an integral part of their investment process;
Investors cannot seem to have enough information, even though more information might not lead to better investment decisions;
Investors overrate meetings with management because management themselves are probably biased;
Investors think they can outsmart everyone else;
Investors tend towards having a short-term horizon;
Investors ignore the boring facts in favour of new and exciting stories, which are further enhanced to suit investors’ biases;
Investors tend to believe, rather than be naturally skeptical.

More: http://www.fundsupermart.com.my/main/resea...?articleNo=6207

As of now:

SSE Comp down 6.93%
HSI drops 3.97%

So what is your advice for now then?

Tunggu dan lihat?

I have been topped up KAPTRF last week and today!

Loss hasn't been narrowed to around 3%

This post has been edited by David83: Aug 24 2015, 10:33 PM

Stocks plunge as global economic, policy fears grip Wall Street

Wall Street dropped on Monday in tumultuous action as traders raced into safe-haven assets amid mounting worries over instability in China and emerging markets.

The Dow Jones Industrial Average (^DJI) skidded 588.5 points, or 3.6%, to 15871.3, the S&P 500 (^GSPC) dropped 77.7 points, or 3.9%, to 1893.2, and the Nasdaq Composite (^IXIC) fell 179.8 points, or 3.8%, to 4526.3.

Trading was extremely volatile. The Dow plummeted 1089.4 points at the lows of the session. Meanwhile, the CBOE's VIX spiked 41.6%. The gauge was up an astounding 205.4% from the same day last week.

The S&P, Dow, and Nasdaq both tumbled into correction territory, having fallen 10% from a recent high. The latest round of selling stripped some $811.5 billion in market value from U.S. firms.

URL: http://finance.yahoo.com/news/u-s--stocks-...-121002330.html

NIKKEI 225 opens 2.66% lower