+++
Reuters-The S&P 500 fell for an eighth straight session on Thursday, its longest losing streak since the 2008 financial crisis, as Facebook shares weighed and investors grappled with uncertainty over next week’s U.S. presidential election.
Facebook shares tumbled 5.7 percent as the world’s largest online social media network warned that revenue growth would slow this quarter.
The stock was the biggest drag on the S&P 500 as well as on the tech-heavy Nasdaq, which also posted its eighth straight day of losses.
Investors have been unnerved by signs the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump is tightening, after Clinton had until recently been thought to have a clear lead.
Two polls showed Clinton maintaining a narrow lead nationally ahead of the Nov. 8 election, echoing other polls that have shown Clinton with a slimmer lead since the re-emergence last week of a controversy over her use of a private email server while secretary of state.
“The polls have tightened and now the concern is more about what might a Trump presidency look like and the market hasn’t quite priced that in,” said Ernie Cecilia, chief investment officer of Bryn Mawr Trust in Bryn Mawr, Pennsylvania. “Given the fact that the election is five days away, that’s what’s driving near-term behavior right now.”
The S&P 500 lost 9.28 points, or 0.44 percent, to 2,088.66 and the Nasdaq Composite dropped 47.16 points, or 0.92 percent, to 5,058.41.
The Dow Jones industrial average, which does not include Facebook among its components, fell 28.97 points, or 0.16 percent, to 17,930.67.
+++++++
Chan:
This Channel is created to share Trading knowledge for Experienced traders, retailers & investors
Bursa Malaysia Stocks
Friday 4/11/2016
-
Airasia & AAX ,As mentioned on 1/11/2016,
AAX refuse to go down,
Expected to have opportunities in this month until result out, operator and many traders have joined the party,
the upcoming results are expected to have significant growth in 3QFY16 due to strong demand
Traders have alot opportunities to perform in AAX and few AAX call warrants such as AAX-cu cv c1 c2 cx…, fast in fast out
Retailers may try to hold airasia, it might hit above RM3
Investors are expected to sell it after 3QFY16 due to passenger service arges effective next year
VIVOCOM
Found its fundamental support at RM0.170,
Definitely benefit from CRCC’s partner Vivocom , it is going to deliver billion dollars construction project.
Any Questions and Suggestions can Email to us BursaButterfly@outlook.com
++++++++
Alwin:
All of you see our klci and world index keep dropping , and foreign funds keep pulling out, mostly due to US presidential election, as the outcome really unpredictable. However, even in such market , some stocks remain strong or bullish… Why?
My hypothesis is that a lot of funds are pulling out from the blue chips and investing in stocks which they think can outperform the market.
Construction is a good sector to focus in, as there are many projects going on and will happen.
Plantation sector is good as well due to higher palm oil prices in recent months, as long as it is about 2500, mostly plantation company will improve.
Another sector which is good to invest in is the iot sector especially those doing LED, is worth a look.
Lastly in bad market, as a friend told me, do not simply take position, reserve cash! Unless you’re 101% sure that counter you invest in is Fundamentally Very strong technically the chart pretty like flower! If not if enter wrong counter then just draw tortoise head and cry Lo haha.
Cheers,
+++
Logic Trading Analysis Channel:
BURSA MALAYSIA MARKET IDEAS FRIDAY (04/11/2016):
FBMKLCI FALL VERY GENTLY SOFTLY KILLING
Dear All,
The FBMKLCI closed lower at -11.52 point or -0.69% to close at 1648.08.
FBMKLCI yesterday fall almost same 11 point with Wednesday fall, this gently fall will have illusion for some trader that market did not fall hugely, quickly, and deadly. But it will still slowly, softly, kill you if you simply trade.
++++++++
BursaKakis Channel :
BKs Technical Ideas 4/11/2016
1) Penta (Live call @ RM1.43 on 3/11)
2) RceCap
3) Success
4) Tunepro
5) Skpres
Kindly refer to charts posted in BKs Channel.
Our Telegram Link: telegram.me/bursakakis
Our Facebook Link : https://www.facebook.com/groups/192414771167397/
DISCLAIMER: The comments here are for sharing and learning purposes and do not represent a recommendation to buy or sell. Kindly consult your remisiers or dealers before you take any action. Thank you.
++++++++
CIMB Trading Ideas 4/11/2016
1) Tunepro
2) Success
Kindly refer to charts posted in BKs Channel.
++++++++
DJIA do not get too excite to see some hope of rebound again and again after breaking 18000 because the market fear will still very strong coming when a super break down happen. No one wanna get burn from it and just be careful !
We continue to like TNLOGIS, PESONA, and AIRASIA do look potentially shaking up once again.
Don’t too hurry catch rebound !
Welcome to our channel :
https://telegram.me/ltachannel !
The Fox Changes its skin but not its Habbit this Friday!
“Goreng Tetap Goreng” !
Yours Sincerely,
Logic Trading Analysis
Views – 166
Analysis 4/11/2016
+++
Reuters-The S&P 500 fell for an eighth straight session on Thursday, its longest losing streak since the 2008 financial crisis, as Facebook shares weighed and investors grappled with uncertainty over next week’s U.S. presidential election.
Facebook shares tumbled 5.7 percent as the world’s largest online social media network warned that revenue growth would slow this quarter.
The stock was the biggest drag on the S&P 500 as well as on the tech-heavy Nasdaq, which also posted its eighth straight day of losses.
Investors have been unnerved by signs the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump is tightening, after Clinton had until recently been thought to have a clear lead.
Two polls showed Clinton maintaining a narrow lead nationally ahead of the Nov. 8 election, echoing other polls that have shown Clinton with a slimmer lead since the re-emergence last week of a controversy over her use of a private email server while secretary of state.
“The polls have tightened and now the concern is more about what might a Trump presidency look like and the market hasn’t quite priced that in,” said Ernie Cecilia, chief investment officer of Bryn Mawr Trust in Bryn Mawr, Pennsylvania. “Given the fact that the election is five days away, that’s what’s driving near-term behavior right now.”
The S&P 500 lost 9.28 points, or 0.44 percent, to 2,088.66 and the Nasdaq Composite dropped 47.16 points, or 0.92 percent, to 5,058.41.
The Dow Jones industrial average, which does not include Facebook among its components, fell 28.97 points, or 0.16 percent, to 17,930.67.
+++++++
Chan:
This Channel is created to share Trading knowledge for Experienced traders, retailers & investors
Bursa Malaysia Stocks
Friday 4/11/2016
-
Airasia & AAX ,As mentioned on 1/11/2016,
AAX refuse to go down,
Expected to have opportunities in this month until result out, operator and many traders have joined the party,
the upcoming results are expected to have significant growth in 3QFY16 due to strong demand
Traders have alot opportunities to perform in AAX and few AAX call warrants such as AAX-cu cv c1 c2 cx…, fast in fast out
Retailers may try to hold airasia, it might hit above RM3
Investors are expected to sell it after 3QFY16 due to passenger service arges effective next year
VIVOCOM
Found its fundamental support at RM0.170,
Definitely benefit from CRCC’s partner Vivocom , it is going to deliver billion dollars construction project.
Any Questions and Suggestions can Email to us BursaButterfly@outlook.com
++++++++
Alwin:
All of you see our klci and world index keep dropping , and foreign funds keep pulling out, mostly due to US presidential election, as the outcome really unpredictable. However, even in such market , some stocks remain strong or bullish… Why?
My hypothesis is that a lot of funds are pulling out from the blue chips and investing in stocks which they think can outperform the market.
Construction is a good sector to focus in, as there are many projects going on and will happen.
Plantation sector is good as well due to higher palm oil prices in recent months, as long as it is about 2500, mostly plantation company will improve.
Another sector which is good to invest in is the iot sector especially those doing LED, is worth a look.
Lastly in bad market, as a friend told me, do not simply take position, reserve cash! Unless you’re 101% sure that counter you invest in is Fundamentally Very strong technically the chart pretty like flower! If not if enter wrong counter then just draw tortoise head and cry Lo haha.
Cheers,
+++
Logic Trading Analysis Channel:
BURSA MALAYSIA MARKET IDEAS FRIDAY (04/11/2016):
FBMKLCI FALL VERY GENTLY SOFTLY KILLING
Dear All,
The FBMKLCI closed lower at -11.52 point or -0.69% to close at 1648.08.
FBMKLCI yesterday fall almost same 11 point with Wednesday fall, this gently fall will have illusion for some trader that market did not fall hugely, quickly, and deadly. But it will still slowly, softly, kill you if you simply trade.
++++++++
BursaKakis Channel :
BKs Technical Ideas 4/11/2016
1) Penta (Live call @ RM1.43 on 3/11)
2) RceCap
3) Success
4) Tunepro
5) Skpres
Kindly refer to charts posted in BKs Channel.
Our Telegram Link: telegram.me/bursakakis
Our Facebook Link : https://www.facebook.com/groups/192414771167397/
DISCLAIMER: The comments here are for sharing and learning purposes and do not represent a recommendation to buy or sell. Kindly consult your remisiers or dealers before you take any action. Thank you.
++++++++
CIMB Trading Ideas 4/11/2016
1) Tunepro
2) Success
Kindly refer to charts posted in BKs Channel.
++++++++
DJIA do not get too excite to see some hope of rebound again and again after breaking 18000 because the market fear will still very strong coming when a super break down happen. No one wanna get burn from it and just be careful !
We continue to like TNLOGIS, PESONA, and AIRASIA do look potentially shaking up once again.
Don’t too hurry catch rebound !
Welcome to our channel :
https://telegram.me/ltachannel !
The Fox Changes its skin but not its Habbit this Friday!
“Goreng Tetap Goreng” !
Yours Sincerely,
Logic Trading Analysis
Views – 166