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 USA Stock Discussion v8, Brexit: What happens now?

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Cubalagi
post Mar 23 2020, 01:31 AM

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QUOTE(danmooncake @ Mar 23 2020, 12:28 AM)
I wonder why BNM hasn't step in to defend the Ringgit?  hmm.gif
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Why waste ammo?

N a weak MYR will cushion the blow of low oil prices.
Cubalagi
post Mar 24 2020, 12:07 AM

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https://www.cnbc.com/2020/03/23/dow-loses-a...-40percent.html

All of DT gains wiped out. Now back to 2016 levels,

(but KLSE and STI already at 2010 levels)

This post has been edited by Cubalagi: Mar 24 2020, 12:07 AM
Cubalagi
post Mar 24 2020, 12:29 AM

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QUOTE(moosset @ Mar 24 2020, 12:22 AM)
so we can time travel faster than US?  laugh.gif
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At least I see Treasuries and Gold are behaving normally tonight. Last week was whacko.

So I will start buy this dip this week, first batch.

This post has been edited by Cubalagi: Mar 24 2020, 12:30 AM
Cubalagi
post Mar 24 2020, 01:34 PM

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QUOTE(moosset @ Mar 24 2020, 12:02 PM)
but china is already on its way to recover, isn't it?

they are letting ppl out already....
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Yes.. But US is going to get hit hard by this VIRUS I think. Looking at the atitude of many of their ppl. Worse than tidak apa attitude of Malaysians.
Cubalagi
post Mar 24 2020, 03:35 PM

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QUOTE(moosset @ Mar 24 2020, 02:12 PM)
getting ready to enter HSI and HSCEI?

HK, China and S'pore should recover faster right, given their experience with SARS?

Japan on the other hand, still quite worrying.
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Already topped up 0829EA New China last week, better than any HSI/HSCEI in my opinion.

Malaysia equities also done shopping. Now just looking to buy US.


Cubalagi
post Mar 24 2020, 03:54 PM

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QUOTE(AVFAN @ Mar 24 2020, 03:42 PM)
why is 0829 is better than hscei 02828?

0829A liquidity is very poor, no?
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Much better index.. 02828 has no Baba and has many banks.

Cheaper transaction costs. Low brokerage and no forex.

Liquidity, yes lower.. But I'm not day trading or buying millions per trade. So it's good enough.

This post has been edited by Cubalagi: Mar 24 2020, 03:54 PM
Cubalagi
post Mar 24 2020, 05:41 PM

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QUOTE(moosset @ Mar 24 2020, 05:03 PM)
if FXI, dividend withholding tax how?
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I think have.

But FXI is a lousy China etf.. The only thing good about it is the liquidity. But the index sucks and fees are not cheap. So good for trading but not great for buy and hold.
Cubalagi
post Mar 26 2020, 01:52 AM

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As at noon NY time.. Bull is strong.
Cubalagi
post Mar 29 2020, 12:32 AM

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QUOTE(Yggdrasil @ Mar 28 2020, 09:40 AM)
Some genius predicted S&P500 will crash to 1800 by May although the support is around 2300.
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1800 still a possibility in later months, if there is major economic slowdown up to the 3Q.

Cubalagi
post Mar 31 2020, 06:29 PM

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QUOTE(Yggdrasil @ Mar 31 2020, 06:09 PM)
Lol is this real bull market or?
My diamond hands from holding puts are evaporating
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Maybe wait tomorrow coz ppl say got big funds rebalancing end of quarter.
Cubalagi
post Apr 1 2020, 07:24 PM

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QUOTE(moosset @ Apr 1 2020, 06:25 PM)
so even if US were in a deep health / economic crisis, everyone still wants to hold USD?
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Just stay diversified. My outlook now is more bullish Gold then USD, but will continue to maintain some USD.
Cubalagi
post Apr 1 2020, 08:26 PM

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QUOTE(moosset @ Apr 1 2020, 08:01 PM)
only USD? No SGD, EUR, HKD, AUD?
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For Fiat Currencies, I only hold USD and MYR. Non-fiat is Gold and some BTC.

Other nations currency exposure is via stocks and bonds (using etf).
Cubalagi
post Apr 8 2020, 04:08 PM

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Europe stil arguing about stimulus.. Will this bring Mr Bear back?

https://www.cnbc.com/2020/04/08/euro-zone-f...s-of-talks.html

Cubalagi
post Apr 8 2020, 08:50 PM

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QUOTE(ozak @ Apr 8 2020, 08:00 PM)
Will market drop if trump decide war with Latin this coming few month?
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War with who?
Cubalagi
post Apr 9 2020, 12:34 AM

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QUOTE(cybermaster98 @ Apr 8 2020, 11:17 PM)
user posted image
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Strong green today so far.

From its lowest in March, S&P is up 23%.. So we should be close for this rebound to fizzle? What levels are u looking at?

This post has been edited by Cubalagi: Apr 9 2020, 12:35 AM
Cubalagi
post Apr 9 2020, 12:39 AM

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QUOTE(ozak @ Apr 9 2020, 12:15 AM)
Many caught off guard with the Venezuela problem. Because focus on pandemic.

US finally charge maduro for narcotic crime after long searching for something to overthrow him. Same as Noriega case back in 80's. The Venezuela opposition found some evidence.

Trump option might invade Venezuela even he doesn't like war. If the president don't surrender.

This is the perfect time given the

1) Oil price low with the maduro have no more money for the people.
2) The world is support the Venezuela opposition president. Acccept russia and china. Nobody care anyway
3) With high percentage support for 2nd term, Trump may use this time.
4) Showing force to China because of US Navy carrier flip problem.

The time is right for Trump now.    sweat.gif
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Venuezela should be an easy military target.. Market will probably be indifferent.
Cubalagi
post Apr 9 2020, 10:10 PM

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US now has 10% unemployment but the stock market doesn't care...


Cubalagi
post Apr 9 2020, 10:27 PM

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QUOTE(backspace66 @ Apr 9 2020, 10:23 PM)
Back in 2009 when the stimulus roll out by obama, the stock market continues going up even when unemployment  keep on going up and peaking around 10%. The bottom is around march 2009 but peak unemployment during that time come much later
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In this covid-19 crisis everything seem to be super accelerated..
Cubalagi
post Apr 10 2020, 12:02 PM

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QUOTE(cybermaster98 @ Apr 10 2020, 11:28 AM)
I think this is the most complete article ive read all week. The facts and analysis is clear.

https://www.marketwatch.com/story/stocks-wi...t-it-2020-04-09
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Are u short the US market?
Cubalagi
post Apr 11 2020, 12:41 PM

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QUOTE(cybermaster98 @ Apr 10 2020, 11:32 PM)
No. Looking to buy
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So u don't think another big leg down is coming soon.?

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