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 STOCK MARKET DISCUSSION V150

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icemanfx
post Jun 4 2020, 03:42 PM

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QUOTE(annoymous1234 @ Jun 4 2020, 03:02 PM)
When share price is on uptrend, TP will similarly move higher.

as long as more fresh money is coming in, price will rise.


This post has been edited by icemanfx: Jun 4 2020, 03:43 PM
icemanfx
post Jun 4 2020, 04:23 PM

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QUOTE(Vanguard 2015 @ Jun 4 2020, 04:07 PM)
That is one of the factors but it is not that simple. Otherwise, everyone here will become instant millionaires.  tongue.gif

If you have the chance, I suggest you get hold of the classic book written in 1960 by Darvas entitled, "How I Made $2 Million in the Stock Market."  You can also google the "Darvas Box Theory".

He analysed for e.g. the volume, momentum and whether the stock is in an industry which is expected to outperform the overall market.

But I must stress again, I am just a beginner. I am just sharing whatever little knowledge I have. Therefore, please take whatever I say with a pinch or bucket of salt.

P/S : In one of my earlier posts, I did recommend a list of books on trading.
At the end of the day, if we trade often enough, Mr Market will eat us alive.  sweat.gif

The free lunch cannot last forever.
Sometimes, I don't even bother to queue at the best buy price. If the stock has momentum and price is changing by the minute, I will even queue on the best sell price.
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When the market is frenzy, almost every investors are making $$$. however, the last person who hold the ticket will bare the downfall.

This post has been edited by icemanfx: Jun 4 2020, 04:23 PM
icemanfx
post Jun 4 2020, 04:36 PM

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QUOTE(Vanguard 2015 @ Jun 4 2020, 04:28 PM)
100% true. It has nothing to do with trading skills or the fundamental of the stocks anymore.

That's why I only trade with money that I can afford to lose. I don't do margin trading.

The party will end at some point but nobody knows when.
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Historically, the party tend to end earlier than expected. in the meanwhile, have fun and enjoy.

icemanfx
post Jun 4 2020, 06:41 PM

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QUOTE(annoymous1234 @ Jun 4 2020, 05:36 PM)
Man, i do hope some price will drop again. Now all going up already,need to wait for another crisis
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Beware you may get more than what you wish/hope.

This post has been edited by icemanfx: Jun 4 2020, 06:41 PM
icemanfx
post Jun 5 2020, 10:11 AM

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QUOTE(zstan @ Jun 5 2020, 10:03 AM)
Gloves on fireeee as usual.
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As long as fresh new money chasing the up trend.

icemanfx
post Jun 5 2020, 10:27 AM

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QUOTE(ChAOoz @ Jun 5 2020, 10:18 AM)
Not just new money, second stimulus for US is on the way. Check out the proposed heroes act:

https://www.thesun.co.uk/news/11774249/coro...gned-democrats/
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During bull run, any data, comment, talk, report, tip, news or rumour relevant or not is a reason for price rise.

This post has been edited by icemanfx: Jun 5 2020, 10:32 AM
icemanfx
post Jun 5 2020, 11:46 AM

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QUOTE(theberry @ Jun 5 2020, 11:30 AM)
macam too late  already high  laugh.gif
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There will be pull back, profit taking, etc.

QUOTE(boner672 @ Jun 5 2020, 11:35 AM)
Does NPL during the moratorium affect the price? let say during September?
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npl is only expected to rise next year.

icemanfx
post Jun 5 2020, 12:01 PM

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QUOTE(EnterYourName @ Jun 5 2020, 11:57 AM)
gloves change the perception of buy low sell high, it's buy high sell higher
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Trend chasing is a sure sign of bull run, typical of herd behaviour.

This post has been edited by icemanfx: Jun 5 2020, 12:08 PM
icemanfx
post Jun 5 2020, 01:08 PM

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QUOTE(annoymous1234 @ Jun 5 2020, 12:34 PM)
Investor. Take note later 3pm moodin announcement about economy plan
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Any gomen goodies need to pay from tax, borrowing or printing fiat money.


This post has been edited by icemanfx: Jun 5 2020, 01:11 PM
icemanfx
post Jun 5 2020, 01:32 PM

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QUOTE(Vanguard 2015 @ Jun 5 2020, 01:27 PM)
I am holding Muhibah stock. Hopefully there will be some positive news to push this construction stock up.
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what about umno crony stocks?
icemanfx
post Jun 5 2020, 01:48 PM

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QUOTE(Vanguard 2015 @ Jun 5 2020, 01:46 PM)
I dunno bro. Which crony stocks do you have in mind?
Thing are so fluid now. Maybe in a few months time, we will change government again from PN to PH. So, the so called crony stocks will fall.

I re-call the same thing happened after the last GE results came out. Stocks like GKent and MYEG (if I remember correctly) turned blood red.
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believe umno has a good hold on moodin, will get a good chunk of goodies, and you are unlikely to hold for long.
icemanfx
post Jun 5 2020, 01:55 PM

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QUOTE(Vanguard 2015 @ Jun 5 2020, 01:52 PM)
If that's the case, then I place my bets on Gamuda.  biggrin.gif
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sma cable is very strong if not the strongest.

icemanfx
post Jun 5 2020, 01:58 PM

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QUOTE(Vanguard 2015 @ Jun 5 2020, 01:56 PM)
Plus royal family backing... biggrin.gif
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sma is probable the only who delivered and could be trusted.
icemanfx
post Jun 5 2020, 05:56 PM

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The short term economic recovery plan June 2020 sounds nice and jolly. How the gomen is going to tax, borrow and print fiat money is another matter and yet to reveal.

This post has been edited by icemanfx: Jun 5 2020, 05:58 PM
icemanfx
post Jun 5 2020, 11:54 PM

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QUOTE(daidragon12 @ Jun 5 2020, 10:58 PM)
Good rally from US market tonight. Wonder what will fly in KLSE on Monday.
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QUOTE(zz287963 @ Jun 5 2020, 11:05 PM)
No trading on market bro, Agong birthday
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To the moon on tuesday.
icemanfx
post Jun 6 2020, 11:55 PM

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QUOTE(ZeroSOFInfinity @ Jun 6 2020, 08:07 PM)
I thought DRB Hicom would be the best bet, since 100% sales tax waived?
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How much is sales tax on passenger cars? 10%?
icemanfx
post Jun 9 2020, 11:38 AM

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QUOTE(EnterYourName @ Jun 9 2020, 11:36 AM)
it's really scary to see how the market behaved compare to 2008 subprime recovery
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Those missed out on 2008 recovery are joining current bull run.

This post has been edited by icemanfx: Jun 9 2020, 11:38 AM
icemanfx
post Jun 9 2020, 12:04 PM

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QUOTE(cherroy @ Jun 9 2020, 11:35 AM)
The strange part of market now is, gloves and those recovery industries like airliners, hotels are up together. 

Doesn't quite match...  laugh.gif
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QUOTE(theberry @ Jun 9 2020, 11:47 AM)
shift to automotive, and tourism  already + some platform still unstable
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QUOTE(silverwave @ Jun 9 2020, 11:58 AM)
makes sense too because AA and Genting is the one with significant increase today
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FOMO

icemanfx
post Jun 9 2020, 06:22 PM

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QUOTE(talzer @ Jun 9 2020, 04:16 PM)
EDUSPEC should go up more since remote education gaining traction?
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could this compensate in person education?

QUOTE(Vanguard 2015 @ Jun 9 2020, 04:19 PM)
OpenSYS suddenly surged in the last 1-2 hours. Now up about +28.57%...
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Smell like syndicate at work.
icemanfx
post Jun 10 2020, 09:21 AM

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QUOTE(ChAOoz @ Jun 10 2020, 08:56 AM)
Early asia market sell off and now rebounding. Choppy seas today it seemed.
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QUOTE(kembayang @ Jun 10 2020, 09:17 AM)
Bursa red ocean today. Portfolio becomes darker red.
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QUOTE(propertyfeature @ Jun 10 2020, 09:18 AM)
Blood bath @.@
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Nothing rise on straight line, could buy on dip.

This post has been edited by icemanfx: Jun 10 2020, 09:21 AM

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