Interest rate is like gravity for stocks and bonds. Bringing the rocket ship back to earth. Since you are inversing good for you.

The most funny thing is now almost everyone is expecting the 1.9T stimulus to inflate all stock, it could actually inflate interest rate even faster lol.

That would be quite a pleasant surprise. I am not sure which way it will go so 50/50.

This market is strange.

Genting Malaysia is up for 2 days, despite it being closed down until 18th Feb, CNY rush no more. Not sure what's the catch here. TM also up 3% plus, not sure for why. 5G news or just plain stable cash cow? I guess people complain about electricity bill but not broadband. Our broadband still remains one of the slowest and most expensive in the region.

Not sure why property sector is still lagging, since the recovery plan theme is in play? Fundamental still weak for a foreseeable future, or no big news to jack the price higher?

Supermax turn to shutdown due to covid19. Expect the covid19 numbers to surge in the next few days.

They dont even dare to announce the number. Just close 3 days.

Today all retailers goreng. No foreign buying. Be careful Malaysian retailers always betray each other and dump on strength.

oh Kenanga up liao hehe...can eat haidilao with my wife liao hehe

Let’s gooooooo Stage 4 FOMO is right now

short sell
What Is Short Selling?
Short selling is an investment or trading strategy that speculates on the decline in a stock or other security's price.

taming the virus

i dont understand, if taming the virus, we should long buy arent we?

ok thank you that makes sense liao.

vaccine is one thing, what i worry is 18th feb mco, it cannot end coz mydin needs darurat to stay in power, darurat needs mco and high covid cases. so mydin most likely extend mco again with most businesses allow to run like now, and recovery stocks will drop like flies again once mydin make the announcement, he loves announcement.

and mydin said once covid under control, we ll have election, klci gg again.

current bull is a bull trap, imho.

Everyone is talking about the chip shortage during cny i guess haha. Mainstream news now keep going on and on about a shortage in chip with high demand recently, with Biden prioritizing semicon / foundry industry. Most are all lagging data points and stories.

Anyway this goes to show you narrative drive markets not actual fact. The actual fact is that on the ground there is already a chip demand / supply crunch on may last years, and on nov last year there is an industry wide supply chain impact hampering productions.

Retailer will chase anything that goes up not knowing they might be chasing a tail end.

For current I'm going to stay in bear camp for awhile, until i see a resilient Q1/Q2 FY21 report out on all those hardware giants like Apple/Intel/AMD/Nvidia etc. The dec / year end shopping season is over, this is a new year lets see is demand for consumer electronics still strong after everyone bought their fill on last year.

If story has not change and demand continue to be resilient throughout the entire year then tech index 100 is not a dream.

Thanks for sharing, Uncle. Surprised uncle re-entered JFTech, I think you sold them off before this?
What gives the projection to RM2, may I know? Purely wanting to understand.