Jesse Livermore

When nothing to trade, look back at own's trading journey. I'm sure one can definitely can identify something new.

Look at where is the mistake, and how to prevent it from happening.
Look at which particular trade give handsome profit, and why
Find out which area one is excel in and vice versa

Trade - study - revise - trade

Learn from own trading journey

same case with Uchitech, vs etc etc

I'm scratching my head as well.

high profit margin coupled with revenue & profit growth. 70% dividend policy, debt free.

94% of Uchitech's products are sold to European market

Only reason is the recent sell down in semiconductor stocks. Stock counter with "technology" all kena

What can you notice from its charts?

Sometimes, the best things to do is wait..

wait wait wait

Recent announced QR (mostly) not encouraging......

What makes you appear today

Top Glove dive exhibition? or hyflux worry for Maybank?

So how?

It's Q2 QR season.

Sign of recovering?

Recently stock market react sensitively over Trump's tweet.

How to trade la

Next wave would be the SST. I believe there are some investors still waiting things to settle down....

With MGS yield at ~4.0% & US 10-yr ~3.0%, dividend play is not attractive either.

Challenging 2018

most stocks are recovering from previous low. Those whatsapp group/telegram/i3/forum/fb stock group are heated up for discussion again

Tariff, or tax, are used to restrict imports. US has been in trade deficit for decades. Donald trump is a business man, he wants to make america great again. So he wants to stop fund outflow from the country by imposing tariffs on china.

22% of US import is from China. By introducing tariff, it can protect domestic industry and jobs. Import goods from China is more expensive(due to tariff) and hence consumer from US may consider may switched back to product made in US. Coupled with tax cut, he wants to make America job market great again. But for those export industries in US might facing job cut. On the other hand, US fiscal deficit is ballooning. If they issuing more and more treasuries to finance government spending, more supply, higher yield; Money from stock market flow to treasuries, bear market starts.

China on the other hand, has export almost 19% of total to US. If US impose tariff on China's product, it will affect China's export industry significantly. May caused Yuan currency devaluation (which already did since Trump's tweet) and less attractive. Hence to protect themself, China have to impose tariff on US Product as well. However, devaluation of Yuan may help to boost china's export to other countries. China is studying how to use "Yuan devaluation" as a tool in trade spat.

Both of them want to protect their own country. Who will win? i dont know. But, i am certain that it has created a massive shock to stock market worldwide due to investor dislike uncertainty.

Not an economic expert, blow water only

few companies already lower their earning targets since trade wars.

Now have to wait for things to uncover...

Well not so fast, probably until the end of May.

But so far i glance through the earnings are improving.......

Those on my watchlist havent release their QR yet

The best is yet to come.

Today big show SAPRNG.

Years before US manufactured goods are very expensive due to their high labour, so most of US company shift their manufacturing plant to other "cheap labour" market, which is China.

Thats how and why we can see the word "Designed in California, Made in China" behind every Iphone

Then now they claims all technology/ skilled workers are outside US. In order to make "America Great Again", impose tariff, protect US based manufacturer.

Can we see every Iphone Designed in California, Made in US few years later? Probably the Iphone by then will be more expensive.

This post has been edited by Smurfs: Aug 24 2018, 09:12 PM

The market is over-optimistic still.....

Breaking new high.

While for KLSE, index going up. But those small cap reported poor earning slides down, heavily

Today is another blood bath day

Meanwhile in China

https://www.business-standard.com/article/i...91100677_1.html

Labour intensive business has started to look for plan B, by moving their manufacturing plant to another country eg Vietnam. More and more product will try not to have the label of "made in China"

The full effect of the Trade War Crisis has not yet been felt.....

Trump wants Iphone to be produced in US

https://www.independent.co.uk/news/world/am...s-a8529641.html

Even with tax incentive, iphone produced in US wont be as cheap as produced in China.

Consumer eventually has to bear the cost.

Probably this is how Trump thinks:

A rough 2018. What a year