Today's Market Preview (12-06-2009)
4 years ago
My Blog List
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Gold edges up on weaker dollar, dovish U.S. Fed policy bets - Gold edged higher on Monday, helped by a weaker dollar and expectations that the U.S. Federal Reserve will reiterate its dovish monetary policy stance t...
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QE3 will work under the right circumstances. But I don’t believe such circumstances prevail at this time - “As popular as it might be in some quarters to rule out further LSAPs (QE3, as it is known), I do not think this option can be taken off the table. QE3 wi...
12 years ago -
Gold staged an abrupt move down early this morning - After tracking sideways for the greater part of Asian trading hours, gold staged an abrupt move down early this morning. Dollar strength was the primary ca...
12 years ago
Blog I Follow
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Trade Tariff Related News. - *UPDATE 6-Oil markets volatile as trade conflict between U.S. and China escalates - Reuters * 06-Jul-2018 03:03:02 PM - U.S. implements tariffs on ...6 years ago
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How do I start investing in shares? - Making an investment, in the present day, as we all know, is not one of the easiest things to do; at least in the present day, it is not one of the easiest...7 years ago
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QE3 will work under the right circumstances. But I don’t believe such circumstances prevail at this time - “As popular as it might be in some quarters to rule out further LSAPs (QE3, as it is known), I do not think this option can be taken off the table. QE3 wi...
12 years ago
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Gold is to retest 1600 Support near term ?? - *Gold* has climbed rather slowly over last three months without any significant retracement. The imminent strengthening of Dollars and weakness in Euros ma...
13 years ago -
22nd August 2011 : Trading tumbled down - Near term, what to expect with KLCI? I don't want to discuss about another market e.g. DJI, Hap Seng or else, only on KLCI. With US economy bubbles, Euro d...13 years ago
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Six ways to save on auto insurance - “It was an old Oldsmobile that my mom and dad gave me and the gas pedal never even worked and I had it for two weeks!” said Vickie Sheaks. Most everyone can...
13 years ago -
Popular posts
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TOMYPAK 7285.KL having a good pullback setup. Soon will rebound again. -
Since oil price drop below USD 60 bio-diesel project have been forgotten by most of us but in this few day HOVID had come to a big bounds up... -
The Malaysia Government has doubled the amount of money available to buy undervalued stocks to RM10bil and will also continue with its spend...
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Today FBM KLCI end on 1,332.87 with +6.13 is about 0.46% up and FBM KLCI still the best performed share market in Asia. This week may likely... -
Public Bank Bhd's significant increase in the securities held-for-maturity is largely due to its purchase of risk free negotiable instru... -
Recent financial crisis in US companies like Fannie Mae and Freddie Mac, Lehman Brothers as well as AIG, had make investors thinking whether...
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On 20 August 2013, FBM KLCI fall about 32.94 point due to Foreign Investor sell about RM 1 Billion share. However, in the same day we also... -
Comments from a foreign writer Bryant on Mahathir's article:- Kaki dalam Kasut where he says the Chinese are the real masters of Malays...
2 comments:
From what i see now, the markets are moving too far from fundamentals. Oil oledi at USD72 when demand is very weak(mean u, unemployment almost 10% in US). People in US are losing jobs and oledi gas price going up. Can you see the logic there? All this talk about greenshots, recovery, etc are confidence game. Analyst are looking at half full glass. The bad corporate and persona debts are still in the financial system and i believe US government has made a big mistake for ignoring these fundamental problem. What goes up will come down when reality sets in. Malaysia wise, things are okay. But the prices of stocks are too expensive at the moment. And i believe, the tendency of OVERACT is the main source here. Cheers....be patient, markets will go down....and buy when everybody OVERACT again.
Oh ya, some companies will also go bankrupt in Malaysia. MAS technical under PN17 because of almost 1BILLION losses. Can you imagine MAS could loss so much. And they play it as if it's only like losing 1MILLION? Incredible!!It's like a asking a friend how much he loss in stock market. He's answer is, "Oh, only 1 million..not much". And not the shocking, "OMG, 1 LOST 1 MILLION DE!!!".
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