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9 comment(s). Last comment by Keyman188 2020-06-02 20:32
Posted by apolloang > 2020-06-01 11:58 | Report Abuse
pts up but losers led gainers.....hahaha
Posted by Keyman188 > 2020-06-01 11:59 | Report Abuse
A private survey shows China’s manufacturing activity unexpectedly expanded in May
PUBLISHED SUN, MAY 31 20209:50 PM EDTUPDATED 2 HOURS AGO
~ China’s Caixin/Markit Manufacturing Purchasing Manager’s Index came in at 50.7 for May.
~ Analysts polled by Reuters had expected the May PMI number to come in at 49.6 compared to the April reading of 49.4.
~ PMI readings above 50 indicate expansion, while those below that level signal contraction.
A private survey showed manufacturing activity in China expanded for the month of May.
The Caixin/Markit Manufacturing Purchasing Manager’s Index came in at 50.7 for May. PMI readings above 50 indicate expansion, while those below that level signal contraction.
Analysts polled by Reuters had expected the May PMI number to come in at 49.6 compared to the April reading of 49.4.
Data suggested that production recovered faster than demand, and the rate of expansion for output was at its fastest since January 2011. Meanwhile, demand was subdued with total new work falling in May.
“May data signalled a further increase in output following February’s record decline, with firms widely mentioning the resumption of works due to an easing of COVID-19 related measures,” said Caixin and IHS Markit said in a joint statement.
“Data indicated that the fall was largely driven by weaker external demand, as many nations faced strict measures to stop the spread of the pandemic including company closures, leading new export orders to contract at a historically sharp rate,” said Caixin and IHS Markit.
On Sunday, China posted the official manufacturing Purchasing Manager’s Index which came in at 50.6, according to the National Bureau of Statistics. This was compared to 50.8 in April.
The Caixin/Markit survey features a bigger mix of small- and medium-sized firms. In comparison, the official PMI survey typically polls a large proportion of big businesses and state-owned companies.
##https://www.cnbc.com/2020/06/01/china-economy-caixinihs-markit-may-2020-manufacturing-pmi.html
Posted by Keyman188 > 2020-06-01 12:03 | Report Abuse
Today KLCI really unbelievable...already reached to 1490 level...
Mid year window stressing around the corner......
Who still can't believe this market rally !!!!!!......
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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........
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....
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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.......
Posted by Keyman188 > 2020-06-01 12:04 | Report Abuse
This month more advisable to focus more on Mega Cap KLIC link stocks & certain left behind of Mid Cap Stocks......
Posted by Keyman188 > 2020-06-01 17:25 | Report Abuse
Today KLCI really unbelievable...closing @ 1490 (+16.89)......
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.......
Posted by Keyman188 > 2020-06-02 00:33 | Report Abuse
Bank of America ups copper forecast as red metal rises for a second straight month
PUBLISHED MON, JUN 1 20208:59 AM EDT
~ Copper prices are widely seen as a barometer for confidence in the global economy owing to its broad array of end uses.
~ Bank of America analysts on Friday increased their price forecast for copper in 2020 by 5.4% to $5,621/t, while keeping the 2021 projection unchanged at $6,250/t.
##https://www.cnbc.com/2020/06/01/bank-of-america-ups-copper-forecast-as-red-metal-rises-for-second-month.html
Copper price is economy indicator...The economy is doomy or gloomy copper price will tell the market
Posted by Keyman188 > 2020-06-02 08:43 | Report Abuse
Keyman188 guess a lot of traders or investors or fund managers...
Can't believe S&P500 will break new record high this year...
Keyman188 forecast range between 3400 ~ 3450 level...
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.......
Posted by Keyman188 > 2020-06-02 20:27 | Report Abuse
Keyman188 guess a lot of traders or investors or fund managers...
Can't believe reach Keyman188 KLCI 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........
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.......
Posted by Keyman188 > 2020-06-02 20:32 | Report Abuse
Keyman188 take time to rest liao......
Since KLCI had reached Keyman188 expected level...
1st level...
https://klse.i3investor.com/servlets/forum/906056786.jsp
2nd level...
https://klse.i3investor.com/servlets/forum/906151979.jsp
3rd level...
As per current KLCI target...
kekeke...kekeke...
No result.
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CS Tan
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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....
Posted by Keyman188 > 2020-06-01 11:57 | 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 regions & 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