It is unlikely for epf to pull out so much money as per many has speculated, cause the RM500 is per person per month.

Its not 6k per person. If you do the math of rm500 / month x our working population with epf. Its not that much

6 month no cash flow and no interest profit. This is going to be blood bath for banking counters

Its all green today. Almost all major indexes are up. Lets see can it sustain or not

Did most of my buying on last wed.

So far not bad for one week, just gotta fight the urge to fear a falling knife.

When market is good, gotta fight the fear of fomo.

This morning the whispers were either extension or full lockdown. Guess you might be right on the price in.

Nikkei is diverging from the rest. Profit taking after the rally, japanese risk appetite not that high it seemed.

Have digested the amount of info flooding the market. For those that plan to invest, i feel you need to look into sector by sector. Airline, Travel and consumer luxury is expected to suffer awhile more and may not hit bottom yet. Bank may also have higher NPL risk.

While certain sector such as cloud, semicon, consumer electronics, biotech is actually a bargain now, cause based on yesterday micron earnings call they are actually benefiting from the stay at home movement while their stock is getting an undeserved beat down due to overall market fear.

I'm still positive about Malaysia Tech stock, especially those that track closely with large semicon and biotech such as Intel, Broadcom, Qualcomm, Apple, B.Braun, Boston etc. Those should be in good position to benefit from a quick rebound

I don't track biotech stock too much. But for semicon / tech, if there are more positive earning calls from the big one such as AMD, Intels, Nvidia, Microsoft, Cisco, Broadcom, Apple the smaller the window of opportunity will become.

You can hope that Micron is just an exceptional one and the rest reported bad news, that would break the market confidence and we could test new low.

Else currently all data is pointing to higher data center consumption, higher cloud services, higher gaming device purchases, higher mobile / youtube engagement, higher tech peripherals usage during a world on lockdown and work from home movement.

Beverage/entertainment. With lockdown and closing of social F&B outlet definitely not good for them.

But if they are cheap now you can consider. But i feel if the virus drag on longer, they might have further lows.

So many country including Malaysia are using helicopter money.

I predict there is going to be asset price inflation again. Debt based economy is unstoppable, wealth gap will be bigger now after this crisis is over.

Definitely down. Just how down lol, probably bear trap for many fomo people. I hope they dont leverage thinking to rake in millions

Its a green green day today. Rally hope is back as people ignore virus pessimism.

The side effect is the wealth gap. If every country is doing expansionary monetary policy, it will make the gap between the haves and have not even wider.

The market is not on random walk. When QE was first introduce it was very novel, people don't know what to make of it.

Last time it was all about interest rate as a main controller, but QE broke the system. Now people know what QE does, thats why they are buying based on the hope that history would repeat itself but now its the whole world on steroids. This debt based, 0 interest rate economy is the new normal.

Has klci found its bottom ? Its red everywhere but we are green.

If bursa has really found a bottom, it won't crash. Might go lower by a few percentage point but no big crash.

Not bad so far. Save me 2 - 3 years of investing time based on current result. Not life changing either tho like some said.

For my balance cash, i'm looking onto US tech now. I feel US still have more to reach bottom.

Spending some time reading back old dot com and 08 crisis stock performance.

Lesson is some stock fall and go into chapter 11, some fall but come out higher during the crisis, some fall by abit during the crisis.

In the end don't lose money. How much you earn, if your company goes to 0 means nothing. Capital perseverance still more important in long run.

The standard signal that end up chapter 11 - growth stock with bad business model. Not profitable business that is burning cash with high growth. Those are sexy during good time but usually end up burning investors money.

Type that go higher - positive free cash flow company that still have growth during crisis.

Fundamentally strong companies may test new lows during initial panic and fear. Once they recover it will be a gradual road up.

Whereas weak one may rebound together with good company, but they will continually test new lows until the market is bullish again. This is what many call a bear trap.