This time around they have a test results for the top main networks.
A comparison of signal strength between this year and last year!
Take a look at the full report (this is a good one this time around).
If you refer to one of our previous write up on VIX, you find that we urge investors to buy when VIX is high! The article I’m talking about is here.
Still similar in plan, VIX is a good measure knowing that people are actually buying when the market dips. Furthermore, the current market scare comes from Trump playing fire with North Korea’s provocations. The severity is unknown and that is the reason why markets see it as a threat.
Markets do not like unknowns and the retracement opens up opportunity. Of course if a war break loose then markets would likely go sharp south first before heading up slowly just like in Operation Iraqi Liberation.
But for now, our bets are on everything returning to normal. That is the reason for a buy call on blue chips if your are the conservative type.
Strike the good small caps if you are the brave ones!
We agree with the recommendation for IHH but we still felt that this is the stock that isn’t worth buying when the price is consolidating. We prefer to buy IHH on dips during weak market times somewhat like today.
Valuation remains high for hospital operators but it is still a good business to invest in with REIT like exposure coupled with strong growth in the long term.
Take a look at Credit Suisse’s latest report on a summary of What Stocks have Foreigners Been Buying in Malaysia.
Biggest increase in foreign shareholding:-
1. Malaysian Airports, +13.7pp
2. Gamuda, +8pp
3. Maybank, +5.4pp
4. CIMB, +4.8pp
5. Sime Darby, +2.7pp
Reduced Foreign Holding:-
1. Air Asia, -9.6pp
2. Karex, -3.0pp
3. Tenaga, -2.4pp
4. IOI, -0.5pp
5. Telekom, -0.5pp
Firms are posting Mid Year Outlook and here is one from Blackrock. As usual, the recommendation is to keep your heads held high and look into higher equity markets with a stronger economic growth.
Yesterday we posted Maybank’s outlook here.
This was published by CIMB today.
Well well well… It’s that time again.
2007, 1987, 1977, 1957, 1917. These were the peak years for Dow Jones Industrial Average. Well it doesn’t prove that a crash is imminent but historically, the data is really scary and proves that the 7th of every decade seems cursed.
What happens this year then? Peak months are usually July and October according to CIMB. Take a look at the full article by CIMB on evidence backing this evidence.