ya....waiting....

Meanwhile, took my profits in XLE for this week. It is going against the grain. Oil is actually down.
Perhaps just riding along the wave from Dow and SP500 or Trump victory.
It won't be long until reality may set in.

2.5 weeks till next OPEC meeting.. if there is no indication that OPEC will agree, more downside to come.
Hoping, something may leak out prior to that to let us know which way it will go.

This post has been edited by danmooncake: Nov 11 2016, 03:50 AM

i took some GOOG at 760.

futures now trading:

AAPL 107
FB 120
GOOG 759

Crude finally give up more.. same goes for XLE. Lucky sold all yesterday. Knew this rally couldn't last.
Furthermore, it's Friday, US bond market closed for Veteran Day. Traders taking cash home for weekend.

Been peeking over at KLCI.. what a volatile ride. Ringgit getting smashed up.

Oh.. wow. Oil really beaten up here.

finding some support at 43.15.

if it breaks lower... 40?!

I think so.. that $40 has to hold and come back up otherwise,
it will be a very deep dive to $26. The entire market could sink with it.

So far, the current price is dangling at 200ma level. It is shaky here.

should be a done deal.

good news is it's almost all priced in now.

Yes at least there won't be after shocks.

Baker Hughes oil rig count 452 vs 450 last week





This post has been edited by zacknistelrooy: Nov 12 2016, 02:14 AM

wow. crude is negative now at 43.50. expwcting it to touch 42 maybe next week. just hope that market can withstand the shocks from so many quarters. itbyear end soon n fed is raising its tail soon.
looking at nflx.

if the api/eia numbers next week are bad, it should go 41-42.

otherwise, with good support at 43.1x, it may bounce around, capped at 44 until opec meet nov 30.

fed... should be hike but priced in already... won't be much of a shaker.

flat....next week should see more bear bear coming?

How a Trump presidency will affect 15 industries

Oil drillers. Gas pipelines. Coal. Banks. Pharmaceuticals. Construction and industrial equipment. The defense industry.

Those are among the likely winners of a Donald Trump administration that could take the lid off coal and fracking regulations, begin an extensive repair of the nation’s roads and bridges, rebuild defense, repeal the Dodd-Frank financial reform act and kill the Affordable Care Act.

One big loser? Foreign trade could suffer if the president-elect follows through on his plan to renegotiate trade agreements.

“He wants to encourage U.S. companies to bring the cash home,” Loughran said. “Apple has about $200 billion in cash abroad. They pay that out in a dividend, and that would be colossal.”

https://www.washingtonpost.com/business/mr-...omepage%2Fstory

This post has been edited by icemanfx: Nov 13 2016, 04:43 PM

Always miss the nvda run ups!

dows in green atm. hope it sustains till the opening bell. huh, trump has good impact on businesses n usd.
but really hope that these positive soap opera will spill over to asia n make our markets green too. local markets here been bashed to unfamiliar equity prices.

US market close to red now with this rally.

This post has been edited by zacknistelrooy: Nov 14 2016, 07:21 PM

10 yr now 2.258% and rising.

fixed income all over the world under pressure, dropping like flies!

for emerging markets, this is a tsunami, $ fleeing, currencies smashed.

USD/RM = 4.345.

2.3% will be an interesting level, so far the first real resistance.

I find FBMKLCI attractive now at near 52 weeks low.