Posted by UlarSawa > 2023-01-09 08:20 | Report Abuse

Even a small advance in technology megacaps will matter,” said Gary Bradshaw, a portfolio manager at Hodges Capital Management in Dallas, Texas. “That’s going to be positive, and not only for technology investors. It will send a signal to the broader S&P.”

More clarity will likely come this week when investors get the latest update on inflation. A Bloomberg survey of 12 economists calls for a 6.5% jump in the Consumer Price Index in December, down from a 9.1% level in June. A University of Michigan survey of US consumers showed year-ahead inflation expectations fell to the lowest level since June 2021 last month.

Posted by UlarSawa > 2023-01-09 08:21 | Report Abuse

The S&P 500 lost 6.7% between the beginning of December and Thursday, with two stocks — Apple Inc. and Tesla Inc. — responsible for a third of the decline, showcasing just how strong of a grip tech megacaps have on the broader market.

“Ultimately, if the Fed gets inflation under control, tech has a chance to be the market leader, but the Fed is still in play for at least another six to eight months,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

But an economic slowdown that would prompt a shift by the Fed carries it’s own risks, too. Apple has ordered fewer components for a number of products, given slowing demand, Nikkei reported on Jan. 2. UBS analysts questioned growth prospects of Microsoft Corp.’s cloud-computing business, while Tesla is grappling with falling sales in China.

Posted by UlarSawa > 2023-01-09 08:41 | Report Abuse

Bursa looking good pre market pun ada nampak Klci green leh. Up leh. At least better than red leh. Hope can continue climb back to 1500 this few days. Then baru ada chance to get CNY angpow leh. Water level up dead fish pun can be alive again. Haiyoh. Boleh?

Posted by UlarSawa > 2023-01-09 09:56 |

Post removed.Why?

Posted by IshraaqNor > 2023-01-09 11:59 | Report Abuse

Tanda-tanda goreng akan muncul semula sebelum HY memaparkan keputusan Q4nya

Posted by brightsmart > 2023-01-09 13:31 | Report Abuse

Rakuten Trade Ideas Webinar

IPO Investor Briefing: Leading EMS solutions provider - NationGate Holdings Berhad

Date: 9 Jan 2023, (Monday)
Time: 8:00 PM

Click here to join us > Join Zoom Webinar (https://us06web.zoom.us/j/8…

Posted by brightsmart > 2023-01-09 13:32 | Report Abuse

u can join web seminar to see how much I can make from 50000 Nationgate alloted.

Posted by brightsmart > 2023-01-09 13:35 | Report Abuse

https://us06web.zoom.us/j/89057563814?pwd=NVIzd1JXVldxMnpCTTFvSzJjTGNjQT09

Posted by brightsmart > 2023-01-09 13:56 | Report Abuse

IPO Investor Briefing: Leading EMS solutions provider - NationGate Holdings Berhad

Date: 9 Jan 2023, (Monday)
Time: 8:00 PM
Meeting ID: 890 5756 3814
Passcode: 226831

Posted by UlarSawa > 2023-01-09 14:41 | Report Abuse

Why so easy you get the allocation of IPO saham one. Surewin one leh. Haiyoh. Correct?


brightsmart

u can join web seminar to see how much I can make from 50000 Nationgate alloted.

1 hour ago

Posted by brightsmart > 2023-01-09 14:57 | Report Abuse

got lucky.............apply 501,000 shares get 50,000 shares

Posted by brightsmart > 2023-01-09 15:28 | Report Abuse

u look at the people here......... flag here flag there

u think I died already otb shares will go up meh?

Posted by UlarSawa > 2023-01-09 15:37 | Report Abuse

CNY rally sudah mari kah. Klci 1490 already leh. Kasi pecah 1500 this 2 days boleh kah. Haiyoh. Correct?

Posted by UlarSawa > 2023-01-09 15:39 | Report Abuse

Haiyoh why so naive leh. You cant stop ppl from posting by pacak bendera on them leh. Macam act like coward leh. Haiyoh. Correct?


brightsmart

u look at the people here......... flag here flag there

u think I died already otb shares will go up meh?

8 minutes ago

Posted by brightsmart > 2023-01-09 15:42 | Report Abuse

yaloh.... flag here flag there can make shares go up meh?

Posted by brightsmart > 2023-01-09 15:45 | Report Abuse

I am not a stock market adviser and do not need people to buy my shares.................that is the main point.

no need to flag here flag there.

Posted by Zhuge_Liang > 2023-01-09 15:49 |

Post removed.Why?

Posted by brightsmart > 2023-01-09 15:51 | Report Abuse

zhu...flag here flag there can make otb shares go up meh?

Posted by brightsmart > 2023-01-09 16:01 | Report Abuse

I must admit my mistake... My mistake I never look into HSI call warrants and HSI put warrants. Everyday also good volume and premiums not very high. But fluctuations very high. ...............That is where all the pros are trying their luck/ skill.

regret not looking into this earlier.

ular.......u want kfc or abalone, try your luck/ skill in hsi warrants la......every day also very high fluctuations

Posted by brightsmart > 2023-01-09 16:14 | Report Abuse

flag me for what? HSI warrants got action and can cari makan.

typical bursa shares no action and no movements to cari makan.

Posted by MoneyMakers > 2023-01-09 20:26 | Report Abuse

2weeks gone - still stuck 3.5

Hibernate until nxt QR disaster

Posted by UlarSawa > 2023-01-09 22:05 | Report Abuse

You out from the jail already straight away mari sini posting kah. Haiyoh. Correct?


MoneyMakers

2weeks gone - still stuck 3.5

Hibernate until nxt QR disaster

1 hour ago

Posted by UlarSawa > 2023-01-09 22:08 | Report Abuse

Ular sudah cakap mah. Quit judi HSI liao mah. No intention to judi again since Ular punya sifu retired from judi HSI leh. Whole group disband already. Haiyoh. Correct?


brightsmart

I must admit my mistake... My mistake I never look into HSI call warrants and HSI put warrants. Everyday also good volume and premiums not very high. But fluctuations very high. ...............That is where all the pros are trying their luck/ skill.

regret not looking into this earlier.

ular.......u want kfc or abalone, try your luck/ skill in hsi warrants la......every day also very high fluctuations

6 hours ago

Posted by brightsmart > 2023-01-09 22:22 | Report Abuse

UlarSawa > 8 minutes ago | Report Abuse

Ular sudah cakap mah. Quit judi HSI liao mah. No intention to judi again since Ular punya sifu retired from judi HSI leh. Whole group disband already. Haiyoh. Correct?
========


bad timing. 2022, all those who buy HSI call warrants I assume expire worthless.......

but not every year is 2022.

Posted by UlarSawa > 2023-01-09 22:33 | Report Abuse

Cantik cowgirl green lagi. Like this very fast pun mau dapat CNy goodies liao leh. Haiyoh. Boleh?

Posted by UlarSawa > 2023-01-09 22:35 | Report Abuse

Ular quit more than 2 yrs already lah. No more judi HSI lah. Very hectic lah. Blood pressure up cannot come down thats why decided to quit judi HSI lah. Haiyoh. Correct?

Posted by UlarSawa > 2023-01-09 22:38 | Report Abuse

Tesla up good for EV battery ctrs also leh. Mau sampai rumah liao leh. If continue like this very soon Ular can get CNY goodies within this week leh. Haiyoh. Correct?

Posted by UlarSawa > 2023-01-09 22:50 | Report Abuse

Cantik Ular punya EV battery left 3 bids to go only. Mau breakeven liao leh. go go go. Hope can break mid BB then cantik liao. Haiyoh. Boleh?

Posted by brightsmart > 2023-01-09 23:34 | Report Abuse

to each his own, There are other readers besides ular.

Posted by brightsmart > 2023-01-09 23:35 | Report Abuse

ev battery quantum?

Posted by UlarSawa > 2023-01-09 23:43 | Report Abuse

Most of the EV battery pun loss making leh. Ular one pun same. But not Quantum lah. Ular one now usd1.64 lah. Lately JV with GM dapat Gorment funding usd200mil. You goggle lah. Haiyoh. Correct?

Posted by brightsmart > 2023-01-09 23:52 | Report Abuse

not interested in cowboy small shares.

Posted by brightsmart > 2023-01-09 23:54 | Report Abuse

my regret is didn't wag HSI call warrants when I buy HK shares.

will find a way /a good time to correct the mistake.

Posted by UlarSawa > 2023-01-10 00:00 | Report Abuse

Market up also scare. Small share also can up mah. So up 19% from bottom in just few days leh. Too bad ular too kiasu beli too early. Kesian. Haiyoh. Correct?

Posted by UlarSawa > 2023-01-10 00:02 | Report Abuse

Ular sold liao. Wtg to buy back at lower price later. Hope can renew FD at higher interest rate. Haiyoh. Boleh?

Posted by UlarSawa > 2023-01-10 08:34 | Report Abuse

Good morning sekalian. Arini bangun seen cowgirl too tired abit red leh. Why Ular EV battery takda turun follow cowgirl so much leh. Anyway lower than Ular sold yesterday. Hope can get back at lower price later. Cowgirl dont run so fast leh. Wait for Ular to renew FD at higher interest rate leh. Haiyoh. Boleh?

Posted by UlarSawa > 2023-01-10 08:39 | Report Abuse

Macy's, Lululemon drop on holiday-quarter warnings

* Indexes: Dow down 0.3%, S&P 500 down 0.1%, Nasdaq up 0.6%

NEW YORK, Jan 9 (Reuters) - The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with its interest rate hikes were offset by lingering worries about inflation.

The Dow ended lower, and the Nasdaq Composite ended well off the day's highs.

Investors are awaiting comments Tuesday from Fed Chair Jerome Powell, who some strategists expect could say more time is needed to show inflation is under control.

Money market bets were showing 77% odds of a 25-basis point hike in the Fed's February policy meeting.

A consumer prices report due Thursday could be key for rate expectations, said Quincy Krosby, chief global strategist, LPL Financial in Charlotte, North Carolina. "The CPI report this week is going to be essential for fine-tuning the Fed funds futures market."

Investors also may have sold some shares after recent strong market gains, said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago. "You're seeing a little bit of profit-taking ahead of the CPI number due out this week."

The technology sector gained as Treasury yields fell. Consumer discretionary stocks also rose, with Amazon.com Inc up 1.5% after Jefferies said it saw cost pressures easing for the e-commerce giant in the second half of the year.

Also, S&P 500 companies are about to kick off the fourth-quarter earnings period, with results from top U.S. banks expected later this week.

The Dow Jones Industrial Average fell 112.96 points, or 0.34%, to 33,517.65, the S&P 500 lost 2.99 points, or 0.08%, to 3,892.09 and the Nasdaq Composite added 66.36 points, or 0.63%, to 10,635.65.

Shares of Broadcom Inc fell in late trading to end down 2% after Bloomberg, citing people familiar with the matter, reported that Apple Inc plans to drop a Broadcom chip in 2025 and use an in-house design instead.

Friday's jobs report, which showed a moderation in wage increases, lifted hopes that the Fed might become less aggressive in its rate-hike push to reduce inflation.

Tesla Inc shares rose 5.9% after the electric-vehicle maker indicated longer waiting times for some versions of the Model Y in China, signaling the recent price cuts could be stoking demand.

Macy's Inc fell 7.7% and Lululemon Athletica Inc dropped 9.3% after both retailers issued disappointing holiday-quarter forecasts.

Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.

Advancing issues outnumbered decliners on the NYSE by a 1.85-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.

The S&P 500 posted 13 new 52-week highs and two new lows; the Nasdaq Composite recorded 129 new highs and 32 new lows.

Posted by UlarSawa > 2023-01-10 08:42 | Report Abuse

Chillaga Fed Powell mau buka mulut again later tonite at 22hrs. Dunno market will be affected again kah. Better wait first see his mulut ada bau busuk again or not. Haiyoh. Correct?

Posted by UlarSawa > 2023-01-10 08:46 | Report Abuse

In separate events, Bostic and Daly vow to curb inflation
Fed to decide whether to slow pace of increases again
Two Federal Reserve officials said Monday that the central bank will likely need to raise interest rates above 5% before pausing and holding for some time.



“We are just going to have to hold our resolve,” Raphael Bostic, president of the Atlanta Fed, told the Atlanta Rotary Club. He said the Fed was committed to tackling high inflation and this warrants raising interest rates into a 5% to 5.25% range to squeeze excess demand out of the economy.


We are just going to have to hold our resolve,” Raphael Bostic, president of the Atlanta Fed, told the Atlanta Rotary Club. He said the Fed was committed to tackling high inflation and this warrants raising interest rates into a 5% to 5.25% range to squeeze excess demand out of the economy.

He later told reporters that the case for reducing the size of the Fed’s rate hikes to 25 basis points would be boosted if data due Thursday showed consumer prices cooling, following evidence that wage gains have also slowed.

San Francisco Fed President Mary Daly, speaking in a live-streamed interview with the Wall Street Journal, also said she expects the central bank to raise interest rates to somewhere above 5%, though the ultimate level is unclear and will depend on incoming data on inflation.

Neither Bostic nor Daly has a vote on policy this year.

Policymakers meet at the end of the month and are expected to either raise rates by 50 basis points for a second straight time or slow down to a quarter-point hike.

“Doing it in more gradual steps does give you the ability to respond to incoming information,” Daly said. She stressed that it’s too early to “declare victory” over persistent inflation.

Posted by UlarSawa > 2023-01-10 09:48 | Report Abuse

Haiyoh bursa pancit again. Why still cannot pecah 1500 convincingly lagi kah. Why. Why. Why. Tell Ular why. Haiyoh. Correct?

Posted by brightsmart > 2023-01-10 10:25 | Report Abuse

Markets down time for xinte up another 5 % to 15.70

Posted by brightsmart > 2023-01-10 10:27 | Report Abuse

They pushed Ali and ten cent...now time for my shares

Posted by UlarSawa > 2023-01-10 10:49 | Report Abuse

HKD pegged to USD leh. If fed up rate HK pun will follow up rate leh. Not so good ini macam leh. Listen to powell cakap apa first leh. Haiyoh. Correct?

Posted by UlarSawa > 2023-01-10 10:51 | Report Abuse

Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame runaway US inflation, analysts say
All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to 1 percentage point
If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level last seen in late 2007

Posted by UlarSawa > 2023-01-10 10:52 | Report Abuse

Hong Kong borrowers will need to dig deeper to pay off their mortgages and other loans as commercial banks are set to increase their interest rates further in 2023, according to a poll of 10 economists by the Post. All 10 predicted the banks’ prime rates will continue to climb this year, with three forecasting a rise of at least 25 basis points in the first half. Five expect the rise to be between 37.5 and 50 basis points, and the other two believe they will go up by a full percentage point. “The US inflation rate remains so high that the Fed will need to increase its rate by one full point in 2023, and Hong Kong banks will follow suit and increase their prime rate by 100 basis points,” said Bruce Yam, an independent currency-market analyst. If their predictions are right, the prime rate will go up to between 6 per cent and 6.875 per cent per annum, a level last seen in late 2007 before the global financial crisis.

Posted by UlarSawa > 2023-01-10 10:52 | Report Abuse

Hong Kong banks have to increase the prime rate in 2023 as the interbank rate – known as Hibor – now stands at the highest level in 15 years, according to Samuel Tse, an economist and strategist at DBS Hong Kong. One-month Hibor that is used to price Hibor-linked mortgage loans stood at 4.35 per cent on December 31, while three-month Hibor that determines corporate loans reached 4.99 per cent.

Posted by UlarSawa > 2023-01-10 10:53 | Report Abuse

The Hibor is likely to stay at a high level, of about 5 per cent, in the first half of 2023, and the prime rate is likely to go up to about 6 per cent,” said Yam. Other economists expect the Fed will increase its key rate by between 50 and 75 basis points in the first half of this year to tame inflation that is likely to stay at about 7 per cent, way above its target of 2 per cent. The Fed raised the key rate by 4.25 percentage points in 2022, almost double the 2.25-percentage-point increase during the last rate-hike cycle from 2015 to 2018. The current Fed rate is between 4.25 per cent and 4.5 per cent, and analysts expects it may go up to 5.5 per cent.

Posted by UlarSawa > 2023-01-10 10:54 | Report Abuse

The US Fed is determined to slow inflation at the cost of economic growth. Hence it is likely to do two more rate hikes of 25 basis points each,” said Tommy Ong, managing director of T.O. & Associates Consultancy. “The increase in financing costs negatively impacts Hong Kong’s small and medium enterprises’ sustainability, but to a lesser extent for the big companies. “The stock market has already felt the pain in 2022 of the rate hikes. The negative impact of further rate hikes is fading for equities.”

Posted by UlarSawa > 2023-01-10 10:55 | Report Abuse

A rising prime rate will affect the property market as borrowers face higher monthly repayments, said Eric Tso Tak-ming, chief vice-president of local mortgage broker mReferral, who forecast the Fed rate will increase to 5.5 per cent and Hong Kong’s prime rate to 6.5 per cent.

Posted by UlarSawa > 2023-01-10 10:56 | Report Abuse

“High interest rates may lead to many companies or individuals defaulting on their debt payments. This may trigger a debt crisis and force the Fed to turn around its interest rate policy,” Yam said.