KL Market

What does it take for a country’s stock market to rise 6% in a day? What kind of news can jump start that? Apparently, very little. China Mobile announced that it will buy a 12% stake in Far East Tone Telecommunications. The news raised hopes that there is a tacit approval from Beijing to encourage China firms to do more investments into Taiwan.Besides being a good move politically, its a very goo……
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Another great video.Charlie Rose talks about the economy with Joseph Stiglitz, Bill Ackman, Andrew Ross Sorkin and Kate Kellyps: If you like Bill Ackman, do give the following article a read: The Optimist……
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Banks may need to write down another $1,000 billion, and this is already widely hinted in the markets. I would rather not take this as a negative but a positive. Additional capital will not be lost, its to boost the balance sheets. US regulators may force Bank of America, Citigroup and at least a dozen of the nation’s biggest financial institutions to write down as much as $1 trillion in loans, ……
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Perhaps you are tired of this headline, let me cut the long story short. The number is quite bad in Q1 ‘09 because it sank by 6.1%(Q4 ‘08 6.4%). The good signs in the bad number are these:1. Rebound in consumer spending2. The inventory correction has been too steep. Soon businesses will have to produce something.http://www.bloomberg.com/apps/news?pid=20601087&sid=aHyjnZCJkYIU&refer=home……
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Impressions and how you present yourself are very important for an executive. In a world where first impressions are made in the first 3 to 6 seconds and 70% of that first impression is made with the eyes, the importance of being self assured and looking good has never been so vital. It indicates professionalism and how serious you regard what you do. I see too many executives who will just put on……
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The following editorial is from Andy Xie, Bulls, not Bears, May End in TearsStock markets have roared back since their early March lows: by April 17, the S&P 500 was up 23.7 percent, FTSE 100 16.5 percent, HSI 37.5 percent, Shanghai A 20.8 percent and Nikkei 26.3 percent. Even American banks, the epicenter of the financial crisis, are reporting good earnings. The U.S. president is talking abou……
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The ultimate rulebook / guidebook for all investors. This chart below will help you to decipher where the market is at by what your dealer or remisier is saying. It has proven to be highly useful in locating where we are in the market trends and turns. Please use the guide diligently to translate what your dealer and remisiers are saying to you. For example in #5 when your dealer or remisier says ……
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I am not a huge fan of Bill Gates as I thought he is too cunning and ruthless. He even negotiated contract in his favor with his brother during his boyhood. Nevermind, that’s a story of another day. However the soft side of him as a loyal friend changed my stance on him a little bit but not too much. Anyway having a friend willing to accompany you to fight for your life-long cause is great. April ……
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I enjoyed the following newsweek interview on Dr.Doom, Nouriel Roubini.Weymouth: What do you believe is happening to the economy today?Roubini: The rate of economic contraction you have seen in the last two quarters—6 percent annualized—is going to slow down. The optimists are already talking about the “green shoots” of spring, about economic activity becoming positive. [They say] we will have……
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Judging from my recent postings, readers may think I am into speculative stocks. Not really, but when the timing is right, certain stocks are worth a ride. These stocks, including Talam, are not your buy and hold kind of stocks, but owing to the confluence of certain important factors, they make decent rides. The other stock that I have mentioned last week which I like is MK Land. Following the hi……
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