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 STOCK MARKET DISCUSSION V150

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silverwave
post Jan 25 2021, 12:15 PM

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QUOTE(jianwei90 @ Jan 25 2021, 12:04 PM)
wonder where's the source that QR is out today?
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I'm not sure, i'm replying based on the discussion in this thread.

QUOTE(statikinetic @ Jan 25 2021, 12:08 PM)
Probably depends on the numbers in the QR.
Might drop like last time but like AVFAN said, current prices aren't toppish this time around.

So some of us are putting money on our opinions now that it may not be the case.
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QUOTE(AVFAN @ Jan 25 2021, 12:03 PM)
it may be, may not be.

just that this round, the prices are on the low side, not toppish like before.
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True, prices are not as high as previously. Let's see what happens after the QR biggrin.gif

This post has been edited by silverwave: Jan 25 2021, 12:17 PM
silverwave
post Jan 25 2021, 04:11 PM

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KLSE is down 20 points already, i wonder if foreign funds are pulling out a lot today

This post has been edited by silverwave: Jan 25 2021, 04:12 PM
silverwave
post Jan 25 2021, 05:04 PM

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I think if gloves can continue the rally tomorrow, it would form a new support for an uptrend.
silverwave
post Jan 28 2021, 12:51 PM

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QUOTE(greyPJ @ Jan 28 2021, 12:04 PM)
i go for sgx ocbc, price drop abit to 10.39 now

i feel safer with sgd, Malaysia is regressing day by day, fdi pun drop, haih.
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Which broker are you using for SG stocks?
silverwave
post Jan 29 2021, 10:03 AM

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QUOTE(AVFAN @ Jan 29 2021, 09:59 AM)
i think it is fairly successful! laugh.gif

1 hour into it, all gloves green, +2 to +7%, looks stable enuf.

note SPMX QR should be today... lunch time or EOD, dunno.

i'm still expecting PAT1.1bil or 40sen per share.

just wish they announce 15sen dividend for the qtr - that will be very nice.
....

anyone here has today's realtime data on rss shorts for the 4 gloves?

pls post here, we get an idea what they may next be up to.

TQVM!
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If QR is today, means price is going to drop again laugh.gif
silverwave
post Feb 2 2021, 04:04 PM

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QUOTE(AVFAN @ Feb 2 2021, 03:53 PM)
TG >7.00. laugh.gif
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After ages, looking forward to >8 next biggrin.gif

This post has been edited by silverwave: Feb 2 2021, 04:04 PM
silverwave
post Feb 3 2021, 11:25 AM

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seems like the recovery theme is back today hmm.gif
silverwave
post Feb 5 2021, 10:20 AM

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looks like the gloves green trend on friday has been broken biggrin.gif
silverwave
post Feb 8 2021, 11:51 AM

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Gloves on heavy RSS today?
silverwave
post Feb 9 2021, 11:45 AM

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Market seems to be very optimistic about the recovery theme today
silverwave
post Feb 9 2021, 04:01 PM

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QUOTE(Rinth @ Feb 9 2021, 04:00 PM)
nice myeg......almost can get out from penthouse haha
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actually why is myeg up today? couldn't find any news
silverwave
post Feb 11 2021, 12:34 PM

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QUOTE(lauwenhan @ Feb 11 2021, 12:10 PM)
Let’s gooooooo Stage 4 FOMO is right now

user posted image
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Total of 5 stages right? Meaning another drop before the last climb?
silverwave
post Feb 15 2021, 03:51 PM

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QUOTE(Vanguard 2015 @ Feb 15 2021, 03:39 PM)
Somebody asked just now which stock will skyrocket these next few days?

I don't know whether to laugh or to cry when I read it.  But since we are already in Bursa de Casino mode, you are more than welcome to follow me on a one way trip to Holland.

I just entered Fintec at RM0.080. ACE Market. Huge volume. Cheap entry price. You either win big or go home crying momma. Don't say I didn't warn you. Do you dare to take up this potentially suicide mission?  cool2.gif

P/S:  I just topped up or sai lang into Prestar. The moon and stars are aligned. It is now up +5.32%.
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Uncle, could you share some tips on how you find the stocks to goreng?

FA/TA doesn't seem to work in this casino. biggrin.gif
silverwave
post Feb 15 2021, 04:55 PM

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QUOTE(Vanguard 2015 @ Feb 15 2021, 04:15 PM)
Sad but true. FA/TA doesn't seem to work in this Bursa de casino. It calls for the Art of Intelligent Tikam.

I have to warn you....I went out drinking beer and wine during lunch today. CNY mood. So I may not be very coherent now. So, please bear with the rambling of a middle aged man if I sound like a broken tape recorder.

1.  For the long run, forget about getting rich from stock trading. It is just not worth the time and effort. Stick to unit trusts and ETF. Look at FSM One Malaysia and FSM One Singapore. FSM One Singpore has RSP plan with sales fees of only USD1 for selected ETFs. Have a look also at Tradestation Global and Etoro. What are the hot ETFs now? Have a look at KWEB, ARKK, ARKW, ARKF, FXI, VEU, VTI, VT, KURE, SMH, etc. These ETFs are up 15% to 20% from January 2021 until now. Lower risk than buying individual stocks, IMHO.

Don't become a jaguh kampung and win the gold medal only in SUKMA. Aim for the gold medal in the ASIAN Games and the Olympics Games. In short, look beyond the Malaysian stock market and diversify into global markets for long term investment.

2.  Now back to your question. I don't have a magic formulae. I will look at the daily stock recommendation by Kentrade, Absolutely Stocks and scan other news and look at the daily stocks in Bursa which are in RED. Then I will put the potential stock into the health check up machine...can it pass the initial test of Simply Wall Street or Absolutely Stocks? If they pass the test, then I will look at the momentum and TA. The end result? Success rate of about 60% to 70% which is the best I could do. See, there is no magic in it.

P/S: Stock trading is not the same as long term stock investment. These are two different concepts.

End of my rambling.  icon_rolleyes.gif
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Thank you for sharing, i'll try to take some pointers and test it. I'm still studying the ARK counters and just started with US stocks too.

IMHO, the casino mode here is not safe to hold anything for mid-long term, so i plan to slowly clear the holdings and move it to the US market. flex.gif

This post has been edited by silverwave: Feb 15 2021, 04:55 PM
silverwave
post Feb 15 2021, 05:13 PM

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QUOTE(HereToLearn @ Feb 15 2021, 04:57 PM)
US market in general is more overvalued than MY market...
FMs there are overweight on EM more than US equities

You can always choose not to participate in the casino-like counters and buy based on FA
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Sorry what is FM and EM?

For US market, my plan is to buy undervalued tech stocks and hold it for long term growth, not really on trading.

For MY market, most of my initial stocks were dividend counters and then i entered gloves based on FA. Big mess! Over the last few months, mostly unheard counters were moving while the stable ones are hardly moving. The best part, unknown counters have been doing limit ups over the last few weeks. I think 6 today. biggrin.gif
silverwave
post Feb 15 2021, 05:27 PM

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QUOTE(Vanguard 2015 @ Feb 15 2021, 05:15 PM)
You are most welcome.

ARK is also available via a feeder unit trust fund in FSM One Singapore via the Nikko AM Ark Disruptive Innovation Fund or in FSM One Malaysia via the the Affin Hwang World Series – Global Disruptive Innovation Fund.

You need to compare the sales fees and platform fees of buying the ARK ETF directly or via the unit trusts.  smile.gif
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Will check it out. I think it would be cheaper via TSG but i will compare smile.gif
silverwave
post Feb 15 2021, 05:38 PM

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QUOTE(wayton @ Feb 15 2021, 05:28 PM)
Current tech stocks is about buy high and sell it higher.

If want to value the tech stock based on PE or search for undervalue tech stocks, it may mean buy nothing already. Haha
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Haha, i'm still not ready to buy high and sell higher. Actually i shouldn't say tech stock, general undervalued stocks. In my mind, i was thinking of Baba, when it dropped to about USD220 from USD300+. Now it's about USD267.

I know the US market is on the high side now. tongue.gif
silverwave
post Feb 18 2021, 03:47 PM

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QUOTE(Taikor.Taikun @ Feb 18 2021, 03:33 PM)
My biggest lost is GenM. Been holding its shares for some years. I entered a lot when it announced the Fox World theme park. Then Trump triggered the trade war. I topped up, double down! Then Disney came in to cancel the deal, then covid19.

My other losses were AA, AAX, YTL n gloves. But i have pulled out more than half the capitals from gloves n keep the rest for dividends.

For AAX, i was influenced by my Finance Managers, the Treasurer n the whole finance dept minions. For gloves, it was my buddies, they lost their mind n i followed to hold the fort when the trend was tumbling down.

Moral of the story, nobody can get it right. Look at KYY. Complaining abt retailers. Pathetic. Just move on.

I believe in the fundamentals n more than ever, know the general market sentiment
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Ignore KYY, he has vested interest for his own stocks.

I would want to believe in fundamentals too but the market sentiment in bursa has overtaken it by far.
silverwave
post Feb 26 2021, 12:20 PM

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QUOTE(Vanguard 2015 @ Feb 26 2021, 11:58 AM)
I am ashamed to say that I don't even invest in individual US stocks. I opened a Tradestation Global account a few months ago but I think it was closed because I failed to deposit USD1000 within 3 months. 

I paid a one year subscription for Stockopedia for US stocks, wasted liao.  smile.gif

Now I buy Vanguard ETF and other ETFs via FSM One Singapore.  biggrin.gif
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Still can start now uncle, not too late and it's a good timing, since the US market is slowly correcting. tongue.gif
silverwave
post Feb 26 2021, 02:59 PM

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QUOTE(Vanguard 2015 @ Feb 26 2021, 12:29 PM)
Yes, I agree. You can still teach this old dog some new tricks.  tongue.gif

I should not remain a jaguh kampung and concentrate on Bursa stocks alone.

But I need to find time to do research for US stocks and to reapply for Tradestation Global. This is where Stockopedia comes in.

Have you tried the free 14 days trial run for Stockopedia? Their selection for US stocks and other markets is really like FUH. First class. Better than Simply Wall Street. But the subscription price for Stockopedia is also first class, super expensive.  sweat.gif
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Haha, would suggest to have a look at the USA stock discussion thread, if i recall correctly someone has compiled a list of sites to research on US stocks (about 5-10) when i asked somewhere end of last year. Lot of info even for me since i'm just starting to trade US stocks but i will usually start with Yahoo Finance and click on the link of the latest news. biggrin.gif

I will have a look at Stockopedia too.

QUOTE(pinksapphire @ Feb 26 2021, 12:50 PM)
Hi, silverwave...what do you diversify in?

My side here has started on StashAway. Gonna get some UTs from bank. I haven't tried FSM, but this includes self-monitoring, so can't say I trust myself anymore of late, lol

I know many here has other platforms...share them, guys?
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Hello pinksapphire, these of some of the ones now:

1. PRS
2. ASNB
3. KLSE
4. US stocks (still new) + employee stock plan
5. FD
6. EPF

Next for me is Stashaway and ETFs. I need to clean up my KLSE mess first.

The journey of investing is never ending, i have so much more to learn blush.gif

This post has been edited by silverwave: Feb 26 2021, 03:00 PM

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