3 people like this.

15 comment(s). Last comment by Jack Kong 2018-03-25 17:03

Posted by shortinvestor77 > 2018-03-23 08:12 | Report Abuse

No risk no gain.

NoPlayBall

296 posts

Posted by NoPlayBall > 2018-03-23 08:47 | Report Abuse

@Jack Kong
Thks for pinpoint accurate reading of the charts, look forward to your next insight !

CharlesT

14,609 posts

Posted by CharlesT > 2018-03-23 08:51 | Report Abuse

Ops sorry Jack Kong mari

At current moment I only trust Jack Kong n Paul

CharlesT

14,609 posts

Posted by CharlesT > 2018-03-23 17:09 | Report Abuse

Sifu Jack Kong can u pls update yr latest TA outlook for Heng Yuan?

I really hope can curi ayam n earn some nasi ayam.

TQVM.

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 02:22 | Report Abuse

On Friday

Indonesia JSX index was down 0.69%.
Thailand SET index was down 0.24%.
Malaysian KLCI was down 0.62%.

ASEAN stocks in emerging countries did not get affected by global sell-off greatly.

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 02:38 | Report Abuse

BREAKING: US crude closes 2.5% higher, buoyed by Saudi talk of extending output cuts into 2019

traderman

7,854 posts

Posted by traderman > 2018-03-24 08:38 | Report Abuse

those who said no risk no gain, you are fooling yourself

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 08:51 | Report Abuse

Trump suspends metal tariffs for key US trade partners | http://www.klsescreener.com/v2/news/view/357737

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 08:55 | Report Abuse

THE tariffs imposed by the United States and China on goods being traded between both countries is something most people have been expecting but dreading.

The US decided to impose tariff duties on US$60bil worth of imports from China and China retaliated by slapping extra tariffs on US$3bil worth of goods brought into the country.

The action by both countries slammed stock markets yesterday. History has shown that a trade war is a lose-lose situation for countries engaged in such destructive activities and by estimates, it will shave global growth into the foreseeable future.

That amount is, however, small. Just a minuscule percentage will be lost by both the US and China but the worry is reciprocative action that follows. Should the US and China deepen the tariff and duties impose on goods shipped between both countries, then that will have a lingering and possibly longer-lasting impact on global trade.

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 08:57 | Report Abuse

Through negotiation between China and the US the impact of the trade war may diminish.

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 09:05 | Report Abuse

US sanctions plan on China has minimal impact on Malaysia http://www.klsescreener.com/v2/news/view/357229

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 09:48 | Report Abuse

I am of opinion that the recent sell-off of stocks in the US was due to the fact that many events impacting the stock market happened in March at once.
They include sell-off of Facebook shares, Trump steel tariffs, a trade war between China and the US and a rate hike in the US.

I don't think t more events impacting the stock market negatively will happen near future. The stock market's environment is likely to improve gradually.

hollandking

3,694 posts

Posted by hollandking > 2018-03-24 09:49 | Report Abuse

is just the beginning, due to the possibility of trade wars.
There's one thing which is complacency, most ppl will view this a drama , nothing big.... brushed it aside, a trade war usual start will retaliations, more n more, then u get a war. This is where the complacency becomes very dangerous, catched ppl unexpected.

tecpower

3,536 posts

Posted by tecpower > 2018-03-24 10:03 | Report Abuse

The impact of Trump tariffs has diminished compared to before as Trump suspended metal tariffs for key US trade partners.

I think a similar thing will happen to a trade war. The impact of a trade war is likely to diminish. That's how Trump does business.

Jack Kong

110 posts

Posted by Jack Kong > 2018-03-25 17:03 | Report Abuse

Wow, so many comment here...
@NoPlayBall, Sure, I will share for any market insight.
@CharlesT, I'm not sifu, I just have a luck spotted the direction correctly.

I think we should be caution for any stock investment, because current market is full of uncertainty, and investor is hate about uncertain condition. Well, whoever can survive from this crash will be the winner of tomorrow.

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