Problem is, everywhere I go is "This is because of 1MDB", "Because our PM is silent on this" and so forth. So yeah, everyone is pinning the blame to say 1MDB is at fault. But the problem is not just 1MDB is the problem but everyone solely blaming on Najib.

I too do not agree with what he is doing at the moment, but I am pretty sure that Australia and Canada is down also because of 1MDB? Now how odd can it be?

Oil going $40.xx

Imo, want to play oil, just go for that $5 increments because it is fast moving in a couple of days swing trade.

XLE - is for Oil companies stocks (or energy producing companies) - not necessarily can correlate but somewhat.
(3x leverage is ERX/ERY)

XOP (or USO) - this one correlates more to Crude Oil price.
(3x leverage is GUSH/DRIP).

Just look at the huge run up for DRIP with these last 2 months. 

Imagine this: Oil now is cheaper than a barrel of processed mineral water.
Might as well close shop and just sell mineral water to earn more money. 

I know in US, the state of California... they need water badly. With the severe drought (wild fires and El Nino), water shortage and rationing, bottled water also very expensive.  Plenty of demand there.  I was at ball game park.. they charge US $5 for bottled water... 

as oil price continue to fall in the last few days, i notice the oil/energy etf's stopped falling or slowed in the decline.

not much more to fall? or waiting to fall off a cliff?
crude now bouncing around 44.50 after falling 1.3%.

taking a breather, resume fall to 42 next week?

sigh sigh, for bad job report market shouted bad economy and slow growth, now, for good job report the market is shouting rate rise, rise la rise la, and same effect = prices making huge jump downwards. actually, what do they want?

oil rebounding n i cant see any reasons? or is it a technical rebound after getting smashed for a long while?

I think there is a silver lining to China intentional devaluation of its currency. 

Short term, it's bad but longer term, the demand for commodities could come back esp.
oil, copper, iron, etc..

They're trying to be competitive again and trying to speed up their slower than usual economic train.

We've seen them slow down quite a bit for the last few years.. from 12%, 11%, 10%, 9%, 8% and now 7% and possibly dropping down to 6% by next year.  I think they're realizing they've put on the brakes too hard trying to cool off the real hot economy that has caused massive inflation and bubble-like property market.  Now, they wanting to accelerate again
without jeopardizing their huge manufacturing engines (the core of their growth last 10-20years) - perhaps they didn't want the foreign companies to look elsewhere - like moving more to Vietnam, Cambodia, India where costs are much lower.

u know, with the triple whammy of falling rm (or rising usd), falling oil, and rmb devaluation (and hence compounding falling rm, rising usd)..

the worst case scenario would be:

.. bought at high price and holding oil&energy, china, and bursa stocks in rm.
the best case scenario would be:

.. bought and held oil/energy shorts or inverses in usd.
i am a mix of both, so... win some, lose some....

watch aapl... europe trading 111.65.

Me too... I'm waiting 105.xx i'sh. I'll dive back in. 

I tested the AAPL watch... not bad. Tempted to get one but heck,
I'm too cheap for a us400 watch. But, only if AAPL can score me a few Ks, I'll buy one. 

green, touching 114!
zeti also speaking tmrw.
doubtful there is any strategy.
maybe retiring, say bye?

Strong reversal day for Dow and SP500. Good for energy too... mini groupers are seeing swimming around already.

I think they're putting more money into US market and taking them out from emerging for every rally.

109 TO 115..    not bad but not good enough yet.
I didn't dip my toes yesterday. I think more sale to come.
Just wanted at least 105-106 level. I'm too cheap here.

But, we still got some at last year price - which was below $100.
Wifey didn't want to sell those..

this is interesting...
both dow and wti rose on the same days 28, 29 july and 10 aug. rest of the days, they fell together.