Posted by ks55 > 2018-07-08 22:47 | Report Abuse

US impose additional tariff on 550 billion USD import from China.
US impose more tariff on 350 billion USD import from EU.
China impose additional tariff on 130 billion USD import from US, PLUS qualitative measures to ensure US product is not saleable in China.

China has 1.4 billion with 380 million middle class to cushion the shortfall of export to US.
US middle class is fast disappearing and the poor has to survive on soup kitchen. Winter come in next six months, these hardcore poor will have to commit crime in order can have free stay and free food in US prison.

So, who will suffer more when Donald Duck declare full trade war with China ??????

Posted by cheoky > 2018-07-08 23:06 | Report Abuse

Chart doesn't tell u trump thinking. Trump next action is not written in chart. Investor and speculator shall reaction on trump next course of action. So can throw your article into rubbish bin?

Posted by Banana John > 2018-07-08 23:13 | Report Abuse

no matter how, coming week the market will be opposite... go up.
because everyone buying it drop.

Posted by shortinvestor77 > 2018-07-08 23:36 | Report Abuse

dropping.

Posted by ZEPAN > 2018-07-09 01:12 | Report Abuse

Wall Street shares have ended slightly ahead, as strong growth in US jobs and gains in technology and pharmaceutical stocks offset market concerns of the burgeoning US-China trade war.

The Dow Jones Industrial Average closed 0.4 per cent higher to 24,456.48.

The S&P 500 finished 0.9 per cent ahead to 2,759.81.

And finally, the tech-heavy Nasdaq ended 1.3 per cent up to 7,688.39.

Posted by ZEPAN > 2018-07-09 01:12 | Report Abuse

Banana John no matter how, coming week the market will be opposite... go up.
because everyone buying it drop.
08/07/2018 23:13


Exactly brother, the opposite happen.

Posted by Beza > 2018-07-09 09:09 | Report Abuse

It will after 500-800 points of KLSE.

Posted by Henly > 2018-07-09 10:11 | Report Abuse

China will ban all American products, American forget China is a communist party, they can survive on salt and pepper. Is time American will vote Trumpet out. China communist party don't have to worry about election, Trump does.

Posted by FamousAmos > 2018-07-09 10:20 | Report Abuse

KLCI remains muted. I still holding my shorts. Thanks Jack Kong once again for his wonderful analysis.

Posted by superbull11 > 2018-07-09 12:48 | Report Abuse

Trade wars worry only beginning stage, 10 year Bear market almost going to appear , 1997 ,2008 , all crash happen second half year on month AUGUST ,SEPTEMBER , i still remember 3 month ago , attend seminar ,almost all i attend seminar admit there is a crash ,but they all pingpoint ,will happen shallow crash , if shallow crash , take KLCI 1796 -31/12/17 close point , shallow crash 20 percent to 30 percent ,take average 25 percent correction ,1796 of 25 percent correction = 449 point correction , KLCI may drop to 1347 point , if worst 50 percent drop = 898 point drop , 1796-898 = KLCI will become 898 point

KEPT MORE CASH now ,awaiting shallow crash to = KLCI -1347 point

let see what happen month AUGUST ,SEPTEMBER on KLCI , everywhere will have OFFER ,OFFER , CHEAP SALE that moment

BIG CRASH COMING SOON ,klci TARGER = 1347 ,IT WILL HAPPEN EITHER MONTH AUGUST OR SETEMBER


look like history will repeated what happen at 1997 , trade war only first stage now,

Asia stock crash on 1997 , U.S noting happen , once Trump fully implement tariffs tax agaist China 2 thousand bilion U.S tax , China already kena teruk on first stage ,stock from 3500 point to 2700 point , once Trump fully implement tax against China ,all Asia stock will crash , malaysia target KLCI 1341 , take note ,

kept more cash now , sell all your stock and kept cash ,that moment will be a lot cheap sales , crash always happen on month August and September .1997 and 2008

CRASH ALWAYS HAPPEN MONTH EITHER AUGUST OR SEPTEMBER , TAKE NOTE

Posted by Jack Kong > 2018-07-11 10:17 | Report Abuse

@superbull11, ya have to eyes on aug and sept these 2 month, especially DXY which is weaken temporary now. So, we need to keep more cash before everything is clear.

Posted by Jack Kong > 2018-07-11 10:18 | Report Abuse

@FamousAmos, remember to set stop lose if playing short.

Posted by Jack Kong > 2018-07-11 10:21 | Report Abuse

@cheoky, you are right, Trump won't draw the chart, but behavior does! If you look at the Top Glove chart, actually you will able to know Top Glove is in danger already which you can escape before it crash like that, unfortunately I'm don't have time to share this out. So, this is the reason behind that why Technical Analysis still survive since the stock market born.

Posted by Jack Kong > 2018-07-12 00:29 | Report Abuse

Coincidentally, Trump announce second round trade war again one Tuesday to impose tariffs 10% on 200B of China goods, and this decision will confirm around August.

Posted by qqq3 > 2018-07-12 00:37 | Report Abuse

China is united
America divided....easy to see who will win.

Posted by kenjie118 > 2018-08-08 23:20 | Report Abuse

@Jack Kong, Do u think still can keep the put warrant KLCI-H4Y until next year? very attractive price now 0.165

Posted by hollandking > 2018-08-08 23:26 | Report Abuse

advice from jack kong, must have a look.

Posted by hollandking > 2018-08-08 23:35 | Report Abuse

actually i think china may have a problem, just waiting for something to triggered it to happen.

Posted by Junichiro > 2018-08-08 23:37 | Report Abuse

Joseph Stiglitz said "macroeconomics always prevails". The US has one problem - inadequate savings. China does not have this problem.

Posted by cheoky > 2018-08-08 23:44 | Report Abuse

on the other hand, u, u, n u + me got a sense of cautiousness and worry. this is the plus point right for market to go further north? No? trade wars overshadow positive news.... maybe i m wrong..

Posted by hollandking > 2018-08-08 23:44 | Report Abuse

housing bubble