Posted by Alfonso > 2021-04-05 15:06 | Report Abuse

sotong hangus today

Posted by Putrajaya666 > 2021-04-05 16:59 | Report Abuse

Holland ...................................... is a good ride... is almost time to say 88.

Posted by Keyman188 > 2021-04-06 07:36 | Report Abuse

Dow climbs 370 points to close at a record high amid optimism on the economic recovery

(PUBLISHED SUN, APR 4 20216:03 PM EDTUPDATED MON, APR 5 20214:06 PM EDT)

U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.

The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.

Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management’s non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey’s history.

“A ‘Capital V’ recovery that is in the early innings,” said Tony Dwyer, Canaccord Genuity’s chief market strategist. “The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.”

Tesla shares popped more than 4% as the electric vehicle company reported production and delivery figures that broadly beat expectations.

GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to $1 billion worth of stock.

Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.

Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.

“We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,” Wei Li, global chief investment strategist at BlackRock, said in a note.

The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.

Treasury Secretary Janet Yellen on Monday pushed for a global minimum corporate tax in an effort to keep companies from relocating to find lower rates.

However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.

Republican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.

Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan would not receive Republican support and vowed to oppose the broader Democratic agenda.

On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.

## https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html

Posted by Keyman188 > 2021-04-06 07:36 | Report Abuse

Very strong recovery road...

Posted by WaterBlower > 2021-04-06 08:17 | Report Abuse

Strong recovery this and that no use....this Sotong likes red colour and likes travelling to Holland.

Posted by Alfonso > 2021-04-06 08:19 | Report Abuse

strong here strong there really not helping, this sotong hangus need nothing but time only. Only time can tell the truth. Waiting for sotong up to RM8 in year 2024

Posted by WaterBlower > 2021-04-06 09:53 | Report Abuse

See la... sotong hangus again

Posted by Alfonso > 2021-04-06 10:38 | Report Abuse

everyday hangus only, aduihai, kasi lah sotong fresh....

Posted by Needluck > 2021-04-06 11:07 | Report Abuse

big kaki run again...

Posted by Needluck > 2021-04-06 11:08 | Report Abuse

can 4.30 tahan?

Posted by WenJun > 2021-04-06 12:00 | Report Abuse

Aiyo, it is approaching MA50, good time to enter

Posted by Needluck > 2021-04-06 12:23 | Report Abuse

waterfall coming?

Posted by Needluck > 2021-04-06 12:25 | Report Abuse

break 4.25, might go to 4 liao....

Posted by Riaz1954 > 2021-04-06 13:53 | Report Abuse

Malaysia has lost the plot when it comes to ban on interstate travel for sure. Makes no sense when Selangor the biggest population centre people are moving all over the place, with most restaurants and shopping malls very busy. Schools opened with no social distancing ...in Selangor...so the infection rates low by world standards are not likely to go down ...what level have the infections rate got to get to before inter state travel is allowed? The infection rates will remain at 500-1000 level for some time...

Posted by WaterBlower > 2021-04-06 14:49 | Report Abuse

Ini macam manyak susah liao... ini kes manyak susah, wa mao lari liao.... tak lari sekalang nanti seluar dalam pun mao jual liao.

Posted by Needluck > 2021-04-06 16:46 | Report Abuse

see so many wanted to sell at last minute, this counter susah...

Posted by Needluck > 2021-04-06 16:47 | Report Abuse

think buy RHB better...

Posted by Pahlawanlimitup > 2021-04-06 16:48 | Report Abuse

Aduhh sotong, semangat sikit please, takmo drop2 lagi

Posted by WenJun > 2021-04-06 17:10 | Report Abuse

Touched MA50 and closed at a slightly higher price, not too bad.

Is this a double-top or a cup and handle pattern? The financial services index also exhibits a similar pattern and closed at support level. Let's see what will happen next.

Posted by Pahlawanlimitup > 2021-04-06 17:34 | Report Abuse

Aduhh sotong, semangat sikit please, takmo drop2 lagi

Posted by WenJun > 2021-04-06 17:48 | Report Abuse

Also, with the price range today, the RSS volume is down to only 36 lots. This indicates that even the short-sellers also don't think it would go down much from here, since the price is very close to MA50. They might have started to cover their short positions today as the broad market sinks, which we can know whether or not they did it by tomorrow morning.

Posted by steve8lily > 2021-04-06 23:32 | Report Abuse

If shareholders dun panic sell, rss player willeat bqck their shit

Posted by Alfonso > 2021-04-07 08:22 | Report Abuse

Stay clam bro, give some confident to this sotong hangus, close one eye at the moment.

Posted by WenJun > 2021-04-07 09:24 | Report Abuse

Well, the short-sellers only covered 300 lots of position yesterday despite the semi-heavy selling pressure. Looks like they are aiming for higher profits. Trade carefully guys.

Posted by Putrajaya666 > 2021-04-07 09:50 | Report Abuse

thx for the advice, wenjun. will watch closely the ma50 support

Posted by Alfonso > 2021-04-07 15:09 | Report Abuse

Sotong hanggus i am waiting for the day when all the investors come here and greet u happily for stock price awesomely increased. for this happy moment, i willing to wait for u while i am still alive.

Posted by Keyman188 > 2021-04-07 22:26 | Report Abuse

JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’

(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)


Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.

“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”

Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.

Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.

It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.

At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.

The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.


## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia

Posted by Keyman188 > 2021-04-07 22:27 | Report Abuse

Global market is booming soon...

Posted by masterus > 2021-04-08 07:21 | Report Abuse

Is the Fed hiding something? Why weekly money supply data just got discontinued - Steve Hanke

(Kitco News) - The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly.

Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world's largest central bank on the importance of looking at money supply.

"Chairman Powell has very explicitly claimed that money doesn't matter in recent testimony. He's basically said that money and the measurement of money doesn't really matter because it's unrelated to inflation," Hanke said.

These money supply series have been published since the 1970s, and the fact that the Fed has changed the publishing frequency on M1 and M2 money supply from weekly to monthly demonstrates a change in worldviews, Hanke said.

Posted by Needluck > 2021-04-08 11:22 | Report Abuse

going down...

Posted by WaterBlower > 2021-04-08 11:40 | Report Abuse

Ini cilakak punya sotong...yesterday up 0.05 kasi wa happy sikijap, ini hali kasi drop balik sama 0.05. Diuniaseng lu sotong

Posted by Needluck > 2021-04-08 12:18 | Report Abuse

yesterday last minute eat up 4.35, 3,734,400 shares. today kasi drop below 4.30. what is their thinking?

Posted by Needluck > 2021-04-08 12:20 | Report Abuse

FF bought yesterday, and today local fund want to make them to cut loss?????

Posted by Runnerup > 2021-04-08 12:22 | Report Abuse

Wanna drop collection pls drop kooulat kooulat...

Posted by Needluck > 2021-04-08 12:22 | Report Abuse

Big players are playing small retailers....

Posted by keonkx123 > 2021-04-08 12:42 | Report Abuse

Sotong pls do something TT

Posted by Alfonso > 2021-04-08 14:02 | Report Abuse

Sotong oh sotong, pls lah wake up lah! dah hangus kawkaw ni! mumpoi loh keep on like this.....

Posted by Needluck > 2021-04-08 14:38 | Report Abuse

4.25 break then 4.20 then waterfall...

Posted by Needluck > 2021-04-08 14:40 | Report Abuse

small fish keep buying, habis, will big kaki continue throw to make small fish cut?

Posted by Needluck > 2021-04-08 14:41 | Report Abuse

prepare to dive....

Posted by WaterBlower > 2021-04-08 14:44 | Report Abuse

Ini memang sotong masak kicap merah kawkaw!!!

Posted by Needluck > 2021-04-08 15:13 | Report Abuse

funds keep come out 4.27 to sell, small fish keep eating...later if not big kaki eat up, then.....

Posted by Pahlawanlimitup > 2021-04-08 15:31 | Report Abuse

Come on sotong celup tepung crispy

Posted by Alfonso > 2021-04-08 15:56 | Report Abuse

sotong goreng cincau popiah

Posted by Needluck > 2021-04-08 16:11 | Report Abuse

RHB almost green, this still red red...

Posted by Needluck > 2021-04-08 16:55 | Report Abuse

I think this is one of the companies that Foreign Fund choose to pull out their investment....

Posted by WenJun > 2021-04-08 17:24 | Report Abuse

Well, it broke below MA50 @ 4.30, will it be a false breakout or an actual breakout?

Posted by WaterBlower > 2021-04-08 18:03 | Report Abuse

Bang, ini bukan false breakout atau actual breakout liao....ini total breakout liao.

Posted by Gunplakk > 2021-04-08 19:10 | Report Abuse

CIMB still gibbab ar??

Posted by masterus > 2021-04-08 22:46 | Report Abuse

If the Army is Disbanded Will Myanmar Become Like Libya or Iraq?