MoMo Trading & Robot Jamei: An Algo Trading System for Bursa Msia traders

271017 noon: Budget 2018 excites Bursa Msia. Bulls march on ahead of announcement.

Avicenna Avi
Publish date: Fri, 27 Oct 2017, 02:06 PM
MoMo Trading is an advance stock trading methodology based on momentum. It is a revolutionary trading system based on century-old Tape Reading method.

Robot Jamei supports MoMo Trading system with specific Algorithmic programs (Algo) based on trading rules in MoMo Trading. Robot Jamei has the capability to detect momentum stocks in Bursa Msia regardless of market conditions due to its robustness.

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Bursa Msia (Noon: Positive)
 
KLCI: 1,747 (+0.6%). 
MSCaps: 17,338 (+0.45%). 
ACEs: 6,894 (+0.01%). 
 
Volume: 1.59Bil
Bull’s strength: 1.45
 
 
USDMYR: 4.2425 (+0.2%)
WTI: 52.62 (-0.04%) 
Brent: 59.39 (+0.15%) 
 
Asia markets (Noon: Positive) 
 
Kospi: +0.57%
S&P/ASX 200: -0.35%
HSI: +0.91%
Shanghai CI: +0.3%
Nikkei: +1.14%
 
 
Robot Jamei (RJ8) Dashboard & Stock tracker as at 12.30pm:
 
Robot Jamei (RJ8) Summary list@12.30pm. Good for afternoon session Watchlist:
 
Among Pagi-play stocks detected by Robot Jamei: DBHD, WONG, MERCURY, MRCB
Discussions
Be the first to like this. Showing 37 of 37 comments

lextcs

if this is a bulls march then its a one of the kind bull...silly bull

2017-10-27 14:25

lextcs

syiok sendiri bullshit

2017-10-27 14:33

Junichiro

What is so exciting abt the budget? Our debt level has already reached its limit. If they say our GDP is up n up, why are the common ppl suffering? Perhaps only the selected few benefited.
I believe it is the EPF buying to give the impression that the budget excites. Once they stop buying, the prices will retreat.

2017-10-27 14:52

Junichiro

I suppose EPf is buying KLCI component stocks to push up the index. The overvalued telcos are all up.

2017-10-27 14:57

Avicenna Avi

@Junichiro: stock market does not behave like what u think. it does not even care who suffers what. btw, traders don't trade KLCI component stocks. those are not trading stocks :)

2017-10-27 18:23

Avicenna Avi

@lextcs: u dun even know the diff between bull vs bull market. punt here & there like god of gamblers,lose money & blame other people (small2 doun wanna die, big2 trouble people) :D

2017-10-27 18:25

ScrewDriver

Actually today net buyer was foreign fund, not local fund.

2017-10-27 19:47

Avicenna Avi

@ScrewDriver: exactly. local boys like to buy low thus pressing the share prices down. people got burn & they call it 'value investing'. what a crap!

2017-10-27 19:59

apolloang

no goodies for the market at all.....bursa on Monday down again

2017-10-27 21:01

apolloang

got any good news u please say so....I am just talking the truth,u wanna bluff people is it?

2017-10-27 21:17

latlut

index up due to tenaga. thats all.

2017-10-27 21:30

TheContrarian

Yes, right from the beginning due to Tenaga.

2017-10-27 21:49

apolloang

this is not any good news for the market,this is your assumption....budget got any good news for the market?

2017-10-27 21:53

apolloang

this budget fully fishing for votes,not exciting the market at all.no budget boosting for the tech sector also

2017-10-27 21:55

apolloang

then y u say I crow mouth? if ah jib no announce anything good,u tell me to announce good meh?

2017-10-27 22:01

apolloang

u sendiri tipu sendiri,anyway likely overall market down on mon but tech can up cos nasdaq another new high

2017-10-27 22:07

hstha

Grants to manufacturing sector will help boost glove industry — Supermax http://www.theedgemarkets.com/article/grants-manufacturing-sector-will-help-boost-glove-industry-—-supermax

2017-10-27 22:11

apolloang

bad must say bad,only good will say good.telling lies is no good lah

2017-10-27 22:11

TheContrarian

apolloang, why do grumpy lately?

2017-10-27 22:18

TheContrarian

It's an election budget. I benefit from about 2% income tax cut. I also save 6% gst from purchase of magazines.

2017-10-27 22:20

apolloang

no grumpy lah just no goodies for the market and no benefit me also at all

2017-10-27 22:22

apolloang

u very syok mah vote for BN lo.....hahaha

2017-10-27 22:23

apolloang

maybe grumpy wif u for telling me to sell butaland....hahaha

2017-10-27 22:24

TheContrarian

You no benefit from income tax drop of 2% on up to chargeable income of RM70k? You don't buy magazines?

2017-10-27 22:29

apolloang

gila....70k income can own a penthouse and drive a beemer? hahaha

2017-10-27 22:32

hstha

Nasdaq is super bullish tonight. haha Tech stocks are poised to surge on Monday.

2017-10-27 22:32

apolloang

70k income enough to buy only an apartment.....hahaha

2017-10-27 22:33

ScrewDriver

I think it was only partly due to budget 2018. Compared to other regional peers, FBMKLCI price level was quite suppressed recently, while others were rallying.
Maybe it's time for Fbmklci to play catch up now.

2017-10-27 22:33

apolloang

klci up no use must overall market up......many counters are left behind and untraded.must gain investors confidence instead of pump and dump

2017-10-27 22:35

apolloang

sure down a lot in the short term if change of ruling coalition cos govt institutions now holding a lot of stocks in the market compared to foreign funds.

2017-10-27 22:41

Larrytrader

bullish?hanya ada bullshit

2017-10-27 22:42

ScrewDriver

I don't see positive market movement necessary to favour the incumbent government.
We can have market rally and change of ruling coalition, both at the same time.
US general election last year is a prime example.

Today could really marked the real, genuine, non-phony reversal after 6 months of correction. The volume today is of no joke.

2017-10-27 22:44

TheContrarian

We will definitely have a rally if there's a change in government.

2017-10-27 22:44

apolloang

sure will collapse like in 2008 klci down 100pts when BN fail to win 2/3 majority.also if BN loses likely chaos,govt institutions will dump stocks.only after govt steady handover market will rise

2017-10-27 22:48

hstha

You should see a big picture. Budget 2018 itself is just a trend changer. Change of Investors sentiment is more important.

2017-10-27 22:48

apolloang

if bn lose myeg,pmetal and many more will limit down

2017-10-27 22:49

apolloang

what trend changer? no benefit the market in a big way at all,only benefit the rural people who doesn't even know a thing about stocks

2017-10-27 22:50

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