Extending lockdown beyond mid April will see massive business closure! Reality!

hi happy investors of arb

TODAY KLCI heading to test 1355 level again...Global market lead by China Market due to surpass expectation of PMI....Cantek....................

No more huge selling pressure in the short term period....

See you...KLCI @ 1354...1388...soon...........

wah lao apala QuellingBlaster

Purposely shy behind 1325 little bit to reserve for tomorrow....

KLCI just closed @ 1324.50...heee heeeee

Tomorrow see you @ 1340....Friday see you @ 1354...........

DJIA...S&P500......Wild rebound & solid gain by more than 10%...

As I foresee...KLCI today will retest 1326 lvl.....

IF solid stand this level, next level will retest 1354 level.....

KLCI easily surpassed 1325 just 15 min...

See today whether can touch another level...1354.....

If strong support @ 1325 this few days...

No chance to go back 1220 & below............

Today really no harmful push back above 1300....

This week can test few level....

1326

1354

1388.......

Finally push back above 1300 pt....

Friday (20/03/20) - 1st round push back...

Tuesday (17/03/20) - 2nd round push back...

Tomorrow KLCI retest 1326 level.....

Engine start again....................

Stock futures surge into the green after being ‘limit down’ overnight as Fed announces limitless asset purchases



U.S. stock futures surged on Monday, erasing steep overnight losses after the Federal Reserve unveiled new measures to keep markets working properly. Wall Street awaited Washington lawmakers to agree to an economic stimulus and rescue plan to cushion the blow from the coronavirus outbreak.

As of 8:18 a.m. ET, Dow Jones Industrial Average futures were up more than 400 points, or 2.4%. S&P 500 futures were up by about 2.8%. Nasdaq 100 futures traded 3.5% higher. The SPDR S&P 500 ETF was off by 0.8% in premarket trading.


Woo....

Engine start again....

Very high chance today closing rebound back above 1300....

US senator comfirmed positive. White House is going down.
Volume suddenly reduced to 2.8 billion share changed hand....

If compare last week, if this kind of plummeting incident, average share volume about 4 ~ 5 billion changed hand.....

Seem like good sight strong support @ 1220 pt....

next/soon will be a financial crisis and another selldown . every where asking for bailout .

No wonder recovered back recently

Leading by PBB, HLB, PChem-----

Wooo.........

Unexpected slowly slowly recovered back from -61 to -30.....

Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan

~ Dubravko Lakos-Bujas, chief U.S. equity strategist at JPMorgan, expects the S&P 500 to reach 3,400 in early 2021.

~ That would top an all-time high of 3,386 set on Feb. 19. It is also 47% higher than the broad market average’s Friday close of 2,304.92.

~ “Acknowledging that equity markets globally are now down 30-50% from their recent highs ... we see an asymmetrical return profile for equities with upside significantly higher than downside over the next year,” he says.


The S&P 500 could return to record highs by early next year if U.S. efforts to contain the coronavirus outbreak work and the government can quickly move forward with fiscal stimulus to cushion the impending economic blow, JPMorgan’s chief U.S. equity strategist said Friday.

Dubravko Lakos-Bujas wrote in a note to clients he expects the S&P 500 to reach 3,400 in early 2021. That would top an all-time high of 3,386 set on Feb. 19. It is also 47% higher than the broad market average’s Friday close of 2,304.92.

The S&P 500 entered a bear market on March 12 — bringing the longest-ever bull expansion to an abrupt end — as the fast spread of the coronavirus and resulting shutdowns soured economic and profit growth forecasts around the world. However, after the relentless selling wave, Lakos-Bujas now sees a chance for stocks to return to record levels.

“Acknowledging that equity markets globally are now down 30-50% from their recent highs, and that investor positioning has become increasingly favorable, we see an asymmetrical return profile for equities with upside significantly higher than downside over the next year,” Lakos-Bujas wrote.

For his scenario to play out, though, the U.S. government must pass a “comprehensive fiscal package promptly.”

The White House is currently seeking more than $1 trillion in government stimulus to soften the virus’ economic hit. Treasury Secretary Steven Mnuchin said Thursday the administration wants to send direct payments to U.S. kids and adults as part of that package. Those payments would total about $500 billion. Several industry groups — particularly airlines — are also seeking relief money.

“Aggressive fiscal policy needs to be undertaken immediately,” Lakos-Bujas said, noting that failure to pass such measures “would likely result in a broader capitulation of equities including the heavyweight momentum stocks.”

The other side of the equation is curbing the coronavirus spread in the U.S. More than 15,000 cases have been confirmed in the U.S. along with over 200 deaths, according to data from Johns Hopkins University.

Authorities in the U.S. have imposed measures to contain the number of cases and “flatten the curve,” which would keep the country’s health care system from being overrun by the outbreak.

“The spread of the outbreak in the US will still remain a key concern,” the strategist said. “At the same time, there are early signs of progress being made of potential anti-viral treatment, though the outcome is still uncertain.”

Come back to arbb woi, see the price ? Its time to buy all in Arbb shares right now, yahoooo!

China lockdown the most important state Wuhan totally for a few months and followed by other states, to prevent spreading. They had done a good job, and the situation improve a lot. We hope there is no 2nd round bec the infected after cure stil can carry virus and get others to be infected. It is not a deadly disease, is just flu but is very hard to prevent bec the carrier dont show signs, that's the problem. investigation will be on and it will take some time to find out where the source come from, so at the mean time, stop accusing anybody, esp China.US is printing thrillions, where do you think those money come from? at the end, the whole world is going to pay for it. Trump now accuse China and asked China to be responsible for his losses on covid 19, by writing of his debts. This fellow really shameless, character of a rascal with no integrity, he only want money and want to win his election. When the whole world do not use US$ that will be the end of US's economy.

QuellingBlaster you are really damn chinese hater. US knew about it every early, trump took it lightly; some more laugh at others, now only panic, he threaten south Korea to give him face mask, when korea also has not enough. otherwise, he will increase the minitary cost 5 folds. the barbarous causing eveything, now it bite back to him.

Now china is helping many nations on face masks and equipments. US is hopeless and helpless themselves. still boost around for them.

alipay88! Yeah, i agree with you! A bit disappointment too! Because of this irresponsible and selfish 5k, there rest of us are suffering!

Well, just look at number of infected in US and EU, it's really no brainer! Auto pilot for gloves! Wuhan looks lame compare to US plus EU! Trump should have lockdown the whole country to stablize the coronavirus infection. Now the 50% of the population under lockdown mode...don’t know how long it would drag. Hope for V shape rebound but......You see China hasn’t fully unlocked it cities yet after 2 months.construction will be on full swing! Government will have to revive all mega projects! Full swing! Interest rate low, oil is cheap! Cheap money from investors too! Mohiden will be numb if he doesn't revive all mega projects! It's like refusing to buy a house when banks offer you bloody cheap loan, relative handing your cash,and you wifey paying half of the loan!

Everyone are busy goreng arbb counters now... Chaos has settled down due to tight liquidity after FED launched unlimited QE. Looking forward better QR in coming months.Market was too volatile since last 2 weeks due to margin call created rampant chaos...Time to look for companies which is certainly reporting better QR. Similiar to Arbb........