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 STOCK MARKET DISCUSSION V150

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ericlaiys
post Aug 5 2024, 12:18 PM

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QUOTE(Joblessjack @ Aug 5 2024, 12:05 PM)
Is Malaysia stock market reacted more than it should have?

I feel there are 2 reasons for the USA stock market was in deep red

1) Unemployment data is bad then expected so market reacted sharply for those unemployment data. But this is also a indication for Fed for their Sep review. Fed almost confirmed for 25 basis points reduction but i feel it should be more than 25 basis points to improve job market in USA.

2) Japanese pull back from US Markets: From last 30years JP Markets didn't see any high and most of their money went to US markets(amount in trillions of Dollars). And currently Yen is under tremendous pressure and it is declining like there is no end. So Japan central bank increase interest rates to 0.25% which has stopped the Yen fall. So Japanese started pulling money back but at the same time the unemployment data read caused a bit of panic and pulled more money out of US markets.

Because of these 2 (as per my view) they are in sharp decalin but Malaysia doesn't have this JP effect yet Malaysia markets declining sharply.

May be right time to pick the right stock for long.
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recession coming
Joblessjack P
post Aug 5 2024, 12:23 PM

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May be or May not be.

May be: Warren buffett holding more money than anytime in his life. He is selling stocks from last 7 quarters and surprisingly he sold half of his Apple holdings in this Quarter. So he sensed something wrong with Market and he is expecting a correction. That could be a recession or just a correction.

May Not be: US is trying to avoid recession from long time by playing with their monitory policy and US can't afford a recession at this time while a war is going on EU and another in Middle east with elections are nearing. So they try to persuaded Fed to play again with their monitory policy to avoid recession.

I feel it is a sharp correction on stocks which saw new highs from last 1 year than a deep recession. I feel Fed play a role to make it right by increasing rates more than 25 basis points.

And coming to Malaysia, it has great domestic consumption and i feel the effect of US markets/Economy will impact Malaysia but not the way market is reacting.
TongCN
post Aug 5 2024, 02:26 PM

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Man... all ice cream from Q1 & Q2 2024 all melt dy sad.gif
Medufsaid
post Aug 5 2024, 02:37 PM

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user posted image

https://sg.finance.yahoo.com/world-indices/
ronnie
post Aug 5 2024, 05:47 PM

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time to invest in US ETFs
hondaracer
post Aug 5 2024, 07:43 PM

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QUOTE(ericlaiys @ Aug 4 2024, 11:09 PM)
down!
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More like πŸ»πŸ»πŸ»πŸ»πŸ˜‚πŸ˜‚πŸ˜‚
hondaracer
post Aug 5 2024, 07:47 PM

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QUOTE(ericlaiys @ Aug 5 2024, 12:18 PM)
recession coming
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Today is just a warm-up πŸ˜†.... wait till usa market open πŸ˜‚πŸ˜‚πŸ˜‚.

Apple is already down 10% at pre-market...

Tim Cook can now cook Warren πŸ˜‚πŸ˜‚πŸ˜‚
Taikor.Taikun
post Aug 6 2024, 08:40 AM

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Nikkei rebound
gashout
post Aug 19 2024, 12:58 PM

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my friends are timing the market... im not sure what they are doing....
gashout
post Aug 19 2024, 12:59 PM

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QUOTE(Joblessjack @ Aug 5 2024, 12:23 PM)
May be or May not be.

May be: Warren buffett holding more money than anytime in his life. He is selling stocks from last 7 quarters and surprisingly he sold half of his Apple holdings in this Quarter. So he sensed something wrong with Market and he is expecting a correction. That could be a recession or just a correction.

May Not be: US is trying to avoid recession from long time by playing with their monitory policy and US can't afford a recession at this time while a war is going on EU and another in Middle east with elections are nearing. So they try to persuaded Fed to play again with their monitory policy to avoid recession.

I feel it is a sharp correction on stocks which saw new highs from last 1 year than a deep recession. I feel Fed play a role to make it right by increasing rates more than 25 basis points.

And coming to Malaysia, it has great domestic consumption and i feel the effect of US markets/Economy will impact Malaysia but not the way market is reacting.
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if fed cuts rate, why are people scared? isn't cutting rate good news?
jasontoh
post Aug 19 2024, 02:54 PM

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Why today banking stocks rocket?
ericlaiys
post Aug 19 2024, 03:25 PM

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QUOTE(jasontoh @ Aug 19 2024, 02:54 PM)
Why today banking stocks rocket?
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MY currency become stronger than USD
ragk
post Sep 5 2024, 04:44 PM

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QUOTE(gashout @ Aug 19 2024, 12:59 PM)
if fed cuts rate, why are people scared? isn't cutting rate good news?
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Fearing from AI bubble from what I read. Nvidia has been playing BIGGGG part in index portion recently, almost single handed pulling up the NASDAQ index for weeks.

This post has been edited by ragk: Sep 5 2024, 04:45 PM
Moneylust
post Sep 11 2024, 07:34 PM

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Yet another red day for Malaysian stocks ... even the blue collar uncles who dabble in local stocks are concerned and cursing. GG lah.
gashout
post Sep 19 2024, 03:34 AM

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50 bps...damn..
SUSTOS
post Sep 25 2024, 10:43 AM

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Hard to believe... it's 1990s again in Bursa? lol

They forgot about the CLOB saga liao?

Bloomberg Markets

Malaysia Takes the Limelight as Singapore Firms Look North for Listings
Singapore-listed chip firms looking to sell shares in Malaysia
Malaysia has seen more than 30 IPOs in 2024, Singapore one

https://archive.ph/ZUYHT

(with paywall) https://www.bloomberg.com/news/articles/202...th-for-listings
SUSTOS
post Sep 26 2024, 02:32 PM

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Not sure if this is the right place to post this:

Bloomberg Politics | Feature

Anwar’s Feud With 99-Year-Old Rival Looms Over Malaysia’s Revival
Anwar vowed to change Malaysia when he became prime minister. Now, his critics see him perpetuating revenge politics.

https://www.bloomberg.com/news/features/202...untry-s-revival

Mods please feel free to move to Politics forum if necessary, the article appears on Bloomberg anyway...
MGM
post Sep 26 2024, 05:31 PM

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Would Nvidia takeover Intel?

https://www.forbes.com/sites/greatspeculati...more-for-intel/
Porkycorgi5588
post Sep 27 2024, 09:53 AM

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QUOTE(MGM @ Sep 26 2024, 05:31 PM)
Would Nvidia takeover Intel?

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tricky situation.

AMD and Intel has cross licensing for x86 and x86-64 architecture.

Previously, when AMD was in the gutter, they couldn't be outright bought out by Samsung or other semicon giants because the license to manufacture x86 CPUs was only to AMD and couldnt be transferred. If Samsung bought AMD out 15 years ago, Samsung would have gotten AMD without the x86 license from Intel which is no different than Samsung just opening up a new design firm on their own.

In this case, if Nvidia takes over Intel, I am not sure about how the x86-64 license will go for Intel as that is owned by AMD.
If it was a similar case as x86, Nvidia would have no reason to takeover Intel anyway.

Besides, their main business is GPUs and ARM CPUs at the moment.
No reason to take the risk
Porkycorgi5588
post Sep 27 2024, 09:54 AM

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QUOTE(gashout @ Aug 19 2024, 12:59 PM)
if fed cuts rate, why are people scared? isn't cutting rate good news?
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cut rate = economy bad
increase rate = economy too good

but cut rate = easier for you to service your loan
increase rate = less money to spend.


like chicken and egg laugh.gif laugh.gif

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