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 Clearing stocks before the coming crash, what have I missed out in the analysis?

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icemanfx
post Nov 23 2018, 09:40 PM

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QUOTE(w3sley @ Nov 23 2018, 01:26 PM)
If so, how do the top 1% Investor function?
loss money but lesser percentage?
Does buy and hold valid in Malaysia market?dividend stocks?
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Believe investors like Warren Buffett seldom trade. As for funds managers; unless there is a melt down, most funds managers don't liquidate all.

icemanfx
post Jan 1 2019, 02:42 AM

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QUOTE(Hansel @ Dec 31 2018, 06:10 PM)
Tq for the reply, bro and Happy New Year to you too,....

Yes, I understand exactly what you wrote,... and you are right too in your assumptions and in your points.

I have been watching some counters in The SGX, hoping for them to drop more for me to scoop up, but NO, they did not drop, BUT rose gradually instead,... I have to watch everyday,... it is indeed tiring,...

I can, of course, do a 'Good Till Cancelled' queue, but I am keeping my funds inside interest-earning accounts to maximise my passive income. I am not able to earn this interest if these funds are put up as queues awaiting strikes.

Hence, have to watch everyday, and like you said in one of your posts above, if I feel strongly that it is a bottom, I must buy - this is what I practise.

At the same time, I keep reading the news and updating myself with core subscriptions in order not to miss any news,... to detect for any changes in fundamentals towards a ctr that I am watching.
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The market is on random walk in the short term. If you are confident with a stock and in for long haul, does it matter if you don't buy at the bottom? Alternatively, you could divide your buy over a few weeks period.

This post has been edited by icemanfx: Jan 1 2019, 09:58 AM
icemanfx
post Jan 8 2019, 02:25 PM

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Official numbers like economic recession gdp data is normally lagging behind the market.

icemanfx
post Jan 8 2019, 02:44 PM

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QUOTE(markedestiny @ Jan 8 2019, 02:40 PM)
That's right, this has been proven during the previous recession.  Based on what I have read and gathered, I would think that we may be already at the early phase of recession.  This is still very much debatable as opinions are split on this.
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There are early indicators for early stage of recession but few people understand or know how or where to read. those have too much to loss or vested interest tend to ignore or couldn't see negative news.

icemanfx
post Jan 8 2019, 02:53 PM

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QUOTE(Ancient-XinG- @ Jan 8 2019, 02:49 PM)
true.... that's why when we take those report or review.
A said this months. B said that months. C said another month....

combine it and got time frame. couple with indices.... perhaps we can see the directions. now all market booming. last time recession also having obvious uptrend before free fall.
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The market is on random walk in the short run.

This post has been edited by icemanfx: Jan 8 2019, 03:01 PM
icemanfx
post Jan 8 2019, 10:32 PM

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QUOTE(plumberly @ Jan 8 2019, 07:21 PM)
What I have heard so far on the timing of the next recession ...

Asian guru ... between month x 2018 and month y 2019 (can't remember the months now, no need to plan your action down to the day/week/month).  rclxm9.gif

Ray Dalio  ... a couple of years (in his recent interview in Bloomberg). He is one of the best fund managers.  hmm.gif

Blackrock ... something along the not-now line  confused.gif

Allan Greenspan ... later (in his recent interview n Bloomberg)  icon_question.gif

Warren Buffet  ...  ( i forgot what he said  now, he gave a vague and smart answer, leaving it to you to guess).  doh.gif

Best not to just listen and follow. Listen, learn, analyse etc etc.  icon_rolleyes.gif

All the best!
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About 10% of malaysia export are to the u.s., economic recession in the u.s may not have the drastic impact on malaysia.
icemanfx
post Jan 9 2019, 10:48 AM

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QUOTE(plumberly @ Jan 9 2019, 08:37 AM)
Not dominating in terms of Msia's export but the other 4 major trading partners (Spore, China, Japan & Thailand) will have their shares of direct trades with the USA. So, if these countries suffer due to the USA, that will affect Msia indirectly. So I think USA will have a bigger impact in Msia than just the export % (ie direct and indirect).

I may be wrong ....
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Fed's move is more likely to influence malaysia economy.

This post has been edited by icemanfx: Jan 9 2019, 10:49 AM
icemanfx
post Jan 12 2019, 11:38 AM

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QUOTE(plumberly @ Jan 11 2019, 03:00 PM)
https://www.project-syndicate.org/commentar...-delong-2019-01

What Will Cause the Next US Recession?
Jan 7, 2019 J. BRADFORD DELONG

For those interested to read.
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Cause of economic recession is almost certain different from previously. the major concern is how much tools fed have in the box to counter the next downturn.

closer to home; mys economy is likely to drag down by surfacing subprime in property market.

This post has been edited by icemanfx: Jan 12 2019, 01:56 PM
icemanfx
post Jan 16 2019, 08:53 AM

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QUOTE(Krv23490 @ Jan 16 2019, 12:15 AM)
Citi and jP Morgan miss earnings but stocks still rocketing up..
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The market is on random walk in the short term.
icemanfx
post Jan 19 2019, 06:22 PM

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QUOTE(woonsc @ Jan 19 2019, 03:49 PM)
What if it's done.
Market will rise? tongue.gif
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QUOTE(Krv23490 @ Jan 19 2019, 04:38 PM)
I think if trump is impeached, good for long term but bad for short term. Market does not like uncertainty
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Better to send dt to jail than impeach him.


icemanfx
post Feb 19 2019, 11:32 AM

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QUOTE(cezardewitt @ Feb 19 2019, 11:15 AM)
how confident about the coming crash?
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Coming crash? where were you a few months ago? some considered the rout in q4/18 was a crash.

This post has been edited by icemanfx: Feb 19 2019, 11:34 AM
icemanfx
post Mar 4 2019, 09:44 PM

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QUOTE(123GoldCome @ Mar 4 2019, 05:03 PM)
It has been two months of “happy new year” for U.S.-stock fund investors.

Thanks to the surprisingly strong start to 2019 for U.S. stocks, stock funds are shaking off last year’s slide, which had pushed the average diversified U.S.-stock fund to a decline of 7.7% for the year. It has all turned around: Such funds posted a return of 3.7% for February and were up nearly 13% for the first two months of this year, according to Thomson Reuters Lipper data.
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icemanfx
post Apr 7 2019, 09:12 PM

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According to some regulatory reports, next financial or economic crisis will likely trigger by fed rate rise and impact could be more widely than previous crisis.

De-gearing is a common sense going forward.

This post has been edited by icemanfx: Apr 7 2019, 09:20 PM
icemanfx
post Apr 8 2019, 02:01 PM

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QUOTE(Ancient-XinG- @ Apr 8 2019, 08:13 AM)
Meaning 2019 = 2017

2020 = 2018

Fed will be no hike this year. In fact there's signal to reduce in q4.
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Low interest rate mean economic growth is fragile. Interest rate drop could only mean economic growth is under threat, is not a good news at all.


icemanfx
post May 26 2019, 04:04 PM

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Normally a crash is preceded by a bubble. Is there a bubble? How extend is this bubble? Is this bubble impose systemic risks?

This post has been edited by icemanfx: May 26 2019, 04:06 PM
icemanfx
post May 26 2019, 07:06 PM

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QUOTE(Cubalagi @ May 26 2019, 06:10 PM)
There is a debt bubble globally. Because of low interest rates, there is a lof debt out there n the world. Some thing can prick this bubble say Trade War.?
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Debts bubble in China corporates and property sectors. To certain extent, debts bubble in boleh land property.

icemanfx
post May 27 2019, 03:06 AM

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QUOTE(ViktorJ @ May 26 2019, 09:20 PM)
Yeah. We hear a lot about China's corporate debt, because media wants to paint the opposite side as vulnerable.

But European and US corporate debt is also in pretty bad shape. Fed just talked about it recently, plus CDOs/CLOs are back.
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What are gearing ratio and operating cash to total debt ratio of u.s, european and chinese companies?

This post has been edited by icemanfx: May 27 2019, 03:16 AM
icemanfx
post May 28 2019, 02:31 PM

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QUOTE(GenY @ May 28 2019, 12:31 AM)
In other words, it's the sentiments (not economic fundamentals) that are hit badly. And the negativity and uncertainty leads to a overall slowdown in economic activities, like what we experienced for past one year in Malaysia.

I'm going to stay invested as well. There's no economic crisis, World War 3 or banking meltdown to justify the dumping of quality stocks. Things could turn around suddenly with a tweet from the fickle Tariff Man.
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In the short term, the market is on random walk.

icemanfx
post May 28 2019, 03:19 PM

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QUOTE(ViktorJ @ May 26 2019, 09:20 PM)
Yeah. We hear a lot about China's corporate debt, because media wants to paint the opposite side as vulnerable.

But European and US corporate debt is also in pretty bad shape. Fed just talked about it recently, plus CDOs/CLOs are back.
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China’s corporate debt stood at 155 per cent of GDP in the second quarter of 2018, much higher than other major economies, according to data from the Organisation for Economic Cooperation and Development. In comparison, Japan’s corporate debt level is 100 per cent of GDP and is 74 per cent in the US. China’s corporate debt includes issuances by its local government vehicles which by extension is mostly credit with an implicit guarantee from the central government.

https://www.scmp.com/economy/china-economy/...-bubble-led-its
icemanfx
post May 29 2019, 02:04 PM

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QUOTE(ChAOoz @ May 29 2019, 12:07 PM)
So many experienced and proven investors has express their view that the valuation is extremely high and what the world did after 08 - massive global QE is unprecedented and by logic is not sustainable. This create the effect of massive increase in Asset Value as compared to yield. Which create this super big gap between rich and poor as rich get richer, cause the rich hold a lot of Assets which are now highly valued.

However many that have this view like Charlie Munger still has their feet in the water, because they just don't know when the music will stop or how this new QE and printing money dynamic will play out. And of all low yield item, stock is still the best place to be optimistic about i guess.

But then we just beat out the 90s - 00s dot com bubble bull run. So if history repeat itself there is a possibility we get wiped out 50 - 70% of our portfolio value especially on hot stock like the FANG gang. That is a scary possibility haha.
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High valuation is a consequence of u.s fed qe. Similarly, valuation will likely to contract with qt. How far and fast will depend on market sentiment.

Before dot-com bubble burst, most if not all dot-com stocks were not profitable. Fang is currently profitable and generating positive cash flow.

This post has been edited by icemanfx: May 29 2019, 02:12 PM

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