The purpose of creating this Topic about Dow Jones,Oil and KLCI markets discussion.Anyone can share your view .Please do respect and do not attack each other in this group. Treat everyone here as Family.
Our main objective is to make money and not make enemy.
For chart reference you may visit my page at
https://www.facebook.com/pages/Gila-Saham/536182926525672
Up or down, it's just a number game. A game of the highly funded individuals/funds...
What we have just witnessed in the global markets is highly 'abnormal' so as to speak. Europe has just entered deflation while the Feds are still patiently observing whether to raise interest rates. Of course investors are just trying to find an excuse to jack up the markets, which will be a global catastrophe in the near future if they fail to correct their mistakes. --> http://www.cnbc.com/id/15838421#.
Good news, bad news, equities are in the uptrend mode which is highly irrational. History doesn't lie...bears ALWAYS dominate before the launch of any QEs from the Feds. And QEs ain't always successful...Quantitative Easing basically FAILED in the UK and Japan. Moreover, ECB is considering three options for the QE. --> http://www.reuters.com/article/2015/01/06/us-eurozone-qe-idUSKBN0KF0T020150106
Let's not forget Jan. 25...Greece!!
Back to Bursa (emerging market), an unwinding of investments from foreign investors could eventually trigger a serious potential downside for all emerging markets in Asia including KLSE. News have not been positive at home, i.e. BNM reserves declining 14%, IMDB loans with Maybank and RHB, possible revision of Budget 2015, CIMB-MBSB-RHB merger being called off, PETRONAS etc.
Take a look at this. Draw a line connecting the 3 lows during selloffs from July 2014 (8/8/2014, 16/10/2014 & 16/12/2014) and see what you have in mind...at this time, I am staying out and if I do intend to enter, put is a better option.
Aih, saudee already say will fight till no end, oil price WONT be firm, malaysia also so many boleh news, for now i think wise decision is short KLCI or klci put warrant, juz like simon cakap
Relax larr...downjones sudden up 640 points larr...just drop 170 points already so gloom meh?...wakakakakaka. Think larr..relax...dowjones Monday up again larr...wakakakakaka
I have said before that sustain palm oil price will help klci go further north. And my investment in FGV has been proven correct. Last Friday I manage to sell FGV at 2.25. However I will buyback this Monday. I think klci will go further up this Monday as palm oil price recorded a further new high and look sustainable for months to come. Furthermore, a prolong winter in soy bean producers expected to drastically reduce output for medium term. Malaysia depend on palm oil rather than crude oil, this is where I realise foreign even local funds completely made a wrong view of klci.
I advise you to buy into palm oil stocks. Soy oil price has suddenly gone up due to prolong winter and tight supply of palm oil. We may see a rally in palm oil stocks.
That is incorrect Imck. Flood areas indeed affect palm oil output hence the increase in cpo these weeks, however, Sabah, Sarawak and Kalimantan are now palm planters main areas. In fact major output of Malaysia planters no longer in Peninsula. Palm oil price is now 6 months high due to tight supply and another news is that soy supply also tight due to prolong winter. Many of us don't realise that palm oil contribution to government is higher that palm oil. Petronas contribution is not affected if Petronas postpone its exploration investment and from what i know Petronas already doing so. It is already clear that current rout in crude oil is temporarily due to market share fights between 3 major oil producers(Russia, Saudi and USA). And note that this is not the first time oil price war broke out, this is actually 2nd oil price war since the 1st oil price war of 1986. And interesting to note that in 1986 the biggest bull run ever occur. And if you collerate both 1986 and 2015, it is no surprise that US is in another repeat of superbull. Are we too late to notice or miss these superbull?
Everytime crude oil price fall, klci also follow suit. However this pattern no longer hold as price of palm oil is not 6 months high. And as soon as investors both foreign and local notice that this, klci will need to catch up with USA market which is major oil producer but react oppositely. Like I said in 1986, oil was only trading at usd10 yet US market gain a superbull period. Malaysia is only in no. 37 in oil producing countries and contribute less than 1% to world demand, why is klci now the world worst market? I believe klci is undervalue and hence klci will continue to push higher, superbull perhaps?
Tq Ricky. I went into furniture stocks after reading that weaker ringgit benefit this sector. I made good gains from Latitud, Homeritz and Hevea. However, I start to sell furniture stocks and bought my first palm oil stock FGV and already made a little gain before selling it last Friday. But I will buyback again this Monday after price of palm oil now in 6 months high. I am also going into TSH, TDM before taking position into other palm oil stocks. I hope I am right to buy into palm oil stocks before other realise it.
One of the reason for low palm oil was because of high crude oil. Why is there a relation? Many have misunderstood the role of palm oil, many see palm oil as cooking oil. This is gross misconception. Palm oil is use extensively in all our daily product. Without palm oil, shampoo, lipstick, margarine, can foods will not be possible to be mass produce. However, high crude oil has also affected our disposal income. With lower crude price, consumptions will definitely increase world wide. In fact demand for palm oil has increase evident with 5 months stock low. And with recent flood, this supply level will only get worse. Hence, price of palm sustainable for a medium term. For past 2 months, crude oil reduce to 50% prior to usd100. This is good for Malaysia as we are using imported crude oil hence lower cost of production further, lower cost of living hence translate into more disposal income for daily goods which use plenty of palm oil.
Tq Fssraptor. Hope I am right with palm oil stocks to push klci into bullish phase. FGV is one of the 30 index link stocks, and with current 6 months high, it is highly probable that FGV will help klci change current bearish mode
Beware! Dow Jones may experiencing ' High Volatile'' this week and next week. This week Dow Jones may back to last week low at 17250 due to failed to breakout above 18000 level last friday. However any improvement these few days and able to climb back above 17900 then we may see break above 18000 level.
Disclaimed :This is not a buy or sell call but just for ''Reference Only ''.Gila Saham is not responsible for any lost or misinformation and trade at your own risk
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 809 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
Posted by simon84 > 2015-01-03 09:40 | Report Abuse
The purpose of creating this Topic about Dow Jones,Oil and KLCI markets discussion.Anyone can share your view .Please do respect and do not attack each other in this group. Treat everyone here as Family. Our main objective is to make money and not make enemy. For chart reference you may visit my page at https://www.facebook.com/pages/Gila-Saham/536182926525672