what r the type of stock that go chapter 11 and whT type go higher? or is it random?

Deficit will be bad, govt will have to table a revised budget later.

well we can print money cant we? US doing unlimite QE as well

Yes, we can print money, but there will be consequences to MYR value.

We are not a superpower like the US. But even the US can't print money indefinitely and there will be consequences further down the road. But for developing countries like us, the dues will come much faster.

This post has been edited by Cubalagi: Apr 6 2020, 09:54 PM

US their currency not backed by gold

I think the worse is over. I know a lot of ppl urging caution, saying the bottom not in yet .... they might miss a lot.

The way I see it, it’s still on downtrend. No surprise for it to go up a little these few days in view that it has dropped so much prior to this.

I never said it was..

dow jones going up up up

There's a clear change in sentiments lah - the news has become 'less bad', which is bullish.

yup, the worst might have past

No country's money is backed by gold.

Dow Jones shot up. Does that mean ours will be green as well

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.

thanks for the great tips 👍🏾

didnt get my ticket ready bye bye

It is not random.

Strong company with strong cashflow will survive through the storm, and able to recover.

Poor fundamental and poor cashflow company may fall during crisis and never recover.

That's why it is important to selective in stock investment.

Whenever there is a crisis, it is a process ditching the poor and remain the better one.

Want to make money in stock market, then need to select the better one. As even bought the better one at higher price, it is likelyhood it may recover one day when situation back to normal.

Thanks sifu. Will do my analysis today and pick good stock

bull run continues..congrats all who bought in last week wheeeeeee

Be careful, stock futures has turned negative