Shiba Capital
How the US market doing and how we utilize it to compare Malaysia Stocks
Shiba_Capital
Publish date: Tue, 20 Jul 2021, 05:45 PM
Shiba_Capital
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A place to share and provide some updates in the market
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
https://t.me/shibacapital/4221
Quick recap on yesterday's red sea at the US market and a quick outlook for Bursa.
Stocks that manage to close green or dropped less than Nasdaq (-1.06%) yesterday. Notable names are the semiconductors: Nvidia, TSMC, AMD etc.
While automobile: Tesla, Nio are also catching some bids.
Even computer hardware mostly HDD like Seagate, Western Digital are supported too.
This likely means institutions are supporting these stocks at key levels which resisted the market drop. We can expect same strength translating into local tech names.
Semis: $UWC $FRONTKN $INARI $PENTA
EV Theme: $GREATEC $D&O $JHM
HDD/ Physical Storage play: $DUFU
Interestingly, some vaccine names are also up strongly while our local vaccine players... hmm
Lets see how the local will perform tomorrow.
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