I DUN THINK SO NEXT WEEK GLOVE WILL CONTINUE UP AS THE PRICE TODAY IS OREDI ACCOUNTED FOR NEXT WEEK.....MONDAY UP IS JUST A GIMMICK SHOW TO TRAP IKAM BILIS
Price of crack spread is oscillating along a nicely curated channel lines. Don't worry lah. Marathon Petroleum Corp (NYSE:MOC) is also on uptrend. Keep buying and hold. Ignore market noises.
Oil price is going higher and higher, breaking USD 56 per barrel, soon will reach USD 60. Remember we only earn if we buy low, and sell high! Be greedy when others are fearful at the right counter!
Interestingly, crude oil prices could touch US$70 per barrel if the US dollar continues to weaken. Juwai IQI chief economist Shan Saeed explains: “Crude oil prices are quoted in US dollars. When the value of the greenback drops, the price of crude oil will be higher in dollar terms, ” he tells StarBizWeek.
He says should the US dollar drop 20%, it will add US$10 per barrel to the price of crude oil.
IF MCO announced on next monday bad for petrol stations business and restaurants and hotels business Good for glove, However oil price is up, HY stocks was at USD 45 now 56 HY could profit more so Target price RM7 If goes below RM5 i will buy more. Sold some of my glove to avoid profit taking crisis ...
WHAT A HANDSOME RETURNS FROM BITCOIN AND ETHEREUM...TQTQ BOTH.....MALAYSIA POLITICS BECOMING MORE AND MORE UNSTABLE FOR ECONOMY AND STOCK MARKET....FORGET STOCK MARKET...QUICKLY TRADE CRYTO WITHOUT WORRYING OF MALAYSIA RUBBISH POLITICS
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MagicGlove
548 posts
Posted by MagicGlove > 2021-01-08 16:24 | Report Abuse
IF ONE DAY THEY GO BACK UP AGAIN...DUN BE HAPPY AS THEY UP BECOS NO TRADER IS PLAYING THE STOCK OREDI....IS ALL FIXED BY THE COMPANY