KLCI Will Challenge 1480 Level Soon

Posted by Keyman188 > 2020-05-27 08:13 | Report Abuse

Why market so stubbornly & gradually rebound & rebound ???... 1) Fed, US Federal Government, ECB, IMF, Japan Central Bank, all come out unprecedented Helicopter Aids & Stimulus packages to "diagnose" the market 2) Investors weigh economy reopening on more & more region & countries 3) Investors optimism about more & more pharmaceutical co. to fabricate vaccine to cure the virus soon ** S&P500 firmly withstanding above 50% retracement to support market gradually recovery

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14 comment(s). Last comment by Keyman188 2020-06-01 10:46

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-27 08:17 | Report Abuse

Europe is about to announce a new coronavirus stimulus package and it could move markets

PUBLISHED TUE, MAY 26 202010:04 AM EDTUPDATED TUE, MAY 26 202010:50 AM EDT

~ European Commission President Ursula von der Leyen will present her own proposal Wednesday, building on the Franco-German plan.

~ A new coronavirus-related stimulus package could boost markets across Europe.

~ One example of how this could manifest itself in markets is in government bonds.

~ In addition, the euro could strengthen on the back of new European stimulus.


The European Commission will unveil Wednesday a new coronavirus-related stimulus package and expectations are that it could boost markets across Europe.

In what’s been described as a “Hamiltonian moment” for Europe, Germany and France proposed last week to raise common European debt in an effort support the region’s economic recovery from the coronavirus crisis. The announcement was particularly significant because Germany had been a fierce opponent to the idea of European debt — its change of heart suggests the EU could be moving closer to a fiscal union, an important factor of stability going forward.

European Commission President Ursula von der Leyen will present her own proposal Wednesday, building on the Franco-German plan.

“As proposed, the new EU recovery fund would mark an important turning point and lead to lower risk premia across the region,” analysts at Morgan Stanley said in a note last week, after the Franco-German announcement.

This would likely impact government bonds, as lower risk means investors would become more confident in lending to indebted nations such as Italy and Spain, which in turn could reduce borrowing costs.

Peripheral bond yields have moved lower in the month of May as investors have digested the possibility of common European debt. On Tuesday, Italian 10-year bond yields fell to their lowest in almost seven weeks.

Meanwhile in currencies, the euro — the common currency used across 19 European countries — could strengthen on the back of new European stimulus.

“The Recovery Fund proposal should ease pressure on EMU (European Monetary Union) sovereign spreads for now, and also limit immediate depreciation pressure on the Euro,” analysts at Goldman Sachs said over the weekend.

They added that if the EU legislates new stimulus on the basis of the Franco-German proposals this “could represent a major step toward greater fiscal policy coordination in the region” and make the euro more competitive against the U.S. dollar.

Equity markets could also benefit as the upcoming stimulus is expected to support businesses impacted by the virus, as well as help with the digitization and environmental transition.

Cont...

##https://www.cnbc.com/2020/05/26/coronavirus-european-commission-to-unveil-new-stimulus-that-could-boost-markets.html

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-27 10:42 | Report Abuse

KLCI rebound back again...touch 1458 level...

Today health care & PPE products sector playing around.....


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Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 already surpassed 61.80% retracement & heading to 3100 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-27 10:52 | Report Abuse

Who still left behind this month rally again......

------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------

人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-27 16:57 | Report Abuse

KLCI closing @ 1451 (+14++ pt) again......


---------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 already surpassed 61.80% retracement & heading to 3100 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-27 17:30 | Report Abuse

Dow futures jump 300 points as Wall Street looks set to continue Tuesday’s reopening rally

PUBLISHED TUE, MAY 26 20206:11 PM EDTUPDATED 13 MIN AGO

##https://www.cnbc.com/2020/05/26/stock-market-futures-open-to-close-news.html

-----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 already surpassed 61.80% retracement & heading to 3100 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-28 08:13 | Report Abuse

Market closes above a key milestone, setting up stocks for more gains

PUBLISHED WED, MAY 27 20204:46 PM EDTUPDATED 3 HOURS AGO

~ A steadying in FAANG names helped give the market a boost Wednesday, driving the S&P 500 sharply higher, to close above its 200-day moving average for the first time since early March.

~ The 200-day moving average is a momentum indicator and a close above it suggests the market can keep moving higher.

~ Netflix closed higher and other momentum names closed off their lows, after turning higher in late morning.

~ The group had been under pressure while investors jumped into stocks that would benefit from the economic reopening, including banks and airlines.


##https://www.cnbc.com/2020/05/27/market-closes-above-a-key-milestone-setting-up-stocks-for-more-gains.html

-----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-28 14:24 | Report Abuse

Global market continue rally...

US future market DJIA +280++ point...

US S&P500 +15++ point...

Nikkei225 closed @ +497 point...

ASX200 closed @ +87 point...

HSI strong rebounded back from -500 pt to -30++ pt...


----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-28 22:00 | Report Abuse

KLCI today managed to close 1457 level...break recent high of 1455...

One more step higher level again...

Well prepare for coming mid year window stressing rally...


----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again... 

""All share still pushing higher & higher...... 

Unfortunately this year a bit strange & funny...... 

"Period" already came early...sell in March go away...... 

Buy in April laugh away....... 

Bet in May scream high away........""" 

Who still left behind this month rally again...... 


------------------------------------------------------------------------------------------ 

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!...... 

Kekeke...kekeke...kekeke.... 

------------------------------------------------------------------------------------------ 


人生錯过了一次就够了，別错过第二次...... 

One missed life is enough, don’t miss the second time...... 



------------别人笑我太疯癫... 我"说"他人看不清......-------------------- 


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-29 16:02 | Report Abuse

KLCI today bravo...up up up by 12pt....cheers

----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-29 17:55 | Report Abuse

KLCI today closing @ 1473 (+15.75)....cheers....

Next week very high possibility break Keyman188 expected target......

Who still can't believe this market rally !!!!!!......


----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

EngineeringProfit

20,578 posts

Posted by EngineeringProfit > 2020-05-29 18:34 | Report Abuse

Bosku effect?

Keyman188

5,968 posts

Posted by Keyman188 > 2020-05-29 18:39 | Report Abuse

So sorry...Keyman188 don't know "Bosku effect"...

Keyman188 only know "rational vs irrational" effect applying current market...kekeke...kekeke...

Keyman188

5,968 posts

Posted by Keyman188 > 2020-06-01 08:27 | Report Abuse

Mid year window stressing around the corner......

Today very high possibility break Keyman188 expected target again......

Who still can't believe this market rally !!!!!!......


----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........

Long in June pocket full not far away......"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

Keyman188

5,968 posts

Posted by Keyman188 > 2020-06-01 10:46 | Report Abuse

Today KLCI really unbelievable...very close to 1490 level...

Today KLCI break Keyman188 expected target again......

Mid year window stressing around the corner......

Who still can't believe this market rally !!!!!!......


----------------------------------------------------------------------------------------

Who still stubbornly saying sell in May & go away again...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........

Long in June pocket full not far away......"""

Who still left behind this month rally again......


------------------------------------------------------------------------------------------

你己经开始怀疑人生了吗!!!...You have begun to doubt your life !!!......

Kekeke...kekeke...kekeke....

------------------------------------------------------------------------------------------


人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......



------------别人笑我太疯癫... 我"说"他人看不清......--------------------


^^^S&P500 strongly withstanding above 61.80% retracement & heading to 3110 level soon.......

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