Morning ... 30th MAY = Hari Kaamatan ..
Found this cute one ... nice. haha. Credit to 'Joan VM'
SP500 futures at 4220 level ... over-priced but fueled by the A.I stories ... it is going into bubbly-level soon.
QR period ... kinda busy checking many ... GOOD QR, also down ... bad QR gap down. haha.
5.15 am : morning ... Monday.
JFTECH : crashed ... from RM2.30 ... ok, so buy 75cents at current. prepare to add at 50cents. then ... perhaps if we can get, add 25cents ..then hold.
Such strategy seems logical : dollar-cost averaging ... but the paperloss and holding period could be very very long.
Note : this is just as an example ... JFtech PER is 50 plus, over valued, anyway. If that is the case, wait for JFtech to be around 50cents to start DCA?
time for me to do some workout.
TEH
Sunday morning ... just had a short e-meeting on indices to show tech-index on the move. BUY.
Currently the GREED meter showing ... 67. We have not reached extreme GREED. So, relax yet ... debt-ceiling is just a drama. China invading Taiwan is a joke by talking heads of media, ok? So, we still have a month to play?
put/call options : below 1 ... wait below 0.8, SHORT indices.
Morning ... DOW up 350 points as Nasdaq100 hitting new 52w high with SP500 above 4200 ... no one talking about rate-hike, recession ... and debt ceiling kinda solved?
DOW daily : I shown this chart on my FB feeds yesterday morning before the 350 points rebound , while busy buying stocks.
BUY BUY BUY ... been busy doing that. haha.
Airport : decided to dive ... so, I bought using 8% rule around 6.67 and it hit low 6.59 support before strong rebound. Syariah-compliance news ... so, I buy buy ... sold mommy early RM6.85 to jump into activated call-Airport ... still holding some. Sell 4 cents next week?
Morning ... today show few popular tech stocks that crashed ... it is very scary view, ya.
For those holding to these tech-stocks up there and in paper-loss ... it might take very very long to recover, if ever.
Annual ... this year revenue and earnings would be low-low ... so, the stock prices moved ahead and crashed. It was very over-valued back then around RM5 plus and I told everyone to wait for RM1 ... haha. Those hype--pandamic period ... it is over. So, many of these newly listed IPO tech crashing back to REALITY ... so, even at current level, it is still not cheap. How are they going to recover, right?
Mi is back to Mac2020 crash level, FYI.
Greatec : More retailers inside this one tho the PER still around 30-40 level ... shall wait till RM3.20 level. If hit that level this week or next, I will be glad to buy in too. So ... I m watching Greatec ... nothing great here.
be right back later ...to check Greatec.
and perhaps UWC too.
TEH
Morning ... woke up around 4.30am ... done some paper works, some stretches and just had a nice bath.
Needing to make a good morning routine to start the day as I m going to be 'free' for coming 2 weeks. Just one more busy week this week.
.. checking on some charts ... and those bought in MAC-APR would be significantly down as many stocks down kina ...a lot!!
Magnum : Broken 1.08 level and hit RM1 recently. Checking bottom.
SPToto : closed low RM1.30 ... shall wait further. RSI 28.
These 4D-operators selldown due to GOV's policies ... is this the best time to buy?
TEH
Sam Zell : https://youtu.be/Wh_18xqXO_0
Interview (6 months ago) https://youtu.be/sSO1kA724fw
Sam Zell said US going into recession.
TEH
Morning ... Malaysia vs S.Korea this morning 10am, semi ... Sudirman Cup @ China.
SP500 hit above 4200 briefly and slightly below that ... while Nasdaq100 at new 52w high. WOW... debt ceiling drama is ending well ... FED going to pause, go bull is running?
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Anyway , for past two weeks ... GLOVE STOCKS grabbing the headlines in KLSE as Harta went up so much after BIG LOSSES in the recent quarter (due to some impairments) and Supermax reported losses too. Interesting ...
Note : I have some glove stocks ... but as I see it, these still not sustainable, so I will SELL on surge.
Time to watch badminton .. have a nice weekend.
TEH
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Recently, it was reported that WB's funds sold most of his holding in US banks except he likes BoA.
Bank of America (BAC): going into 52w low and going to break support.
Note : these WONT be bull markets WITHOUT recovery of banks(the sector). Nothing is different ...
ask those bull-market sifu if that is true.
night.
TEH
morning ... Sunday morning. Done some gardening .. but too hot now to do any work there. Headache ...
going to spend some of my time to blog here ... how is everyone?
Wishing all mommy good day. Everyday is a mommy day, if you are happy being a mom.
Anyway ...enjoy the weekend and the day.
TEH
Morning ... sharing a paragraph from the book I ter-read yesterday.
yes, I have many books in my KINDLE ... my kindle is 8 years old now, I think. Glad it is still working. Making a habit to read ... rather than spending time browsing thru FB/Insta ...haha.
SOCIAL MEDIA ... I m leaving these platforms and focus in works I needed to do ... like, blogging here. Also, checking of the coming financial-crisis ...
SIT TIGHT in cash ... be patient.
have a nice weekend.
TEH
10.55pm ... it is late into night as I m going to sleep soon, but just a few lines here to ... clear the upstairs.
Today is MONDAY ... free for 4 hours, went to KLCC ...
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took this with my old-huawei phone... nice angle (from Avenue K main)
well, KLCI hitting resistance 1435 ... and GLOVES down. So, still wait for gloves to go ...LOWER.
ok, time to zzz ... night
note : tmr write about Magnum and SPToto.
TEH
6am ... good morning Monday.
I am off in a while ... before all the buzz and jam and honks ... and Malaysian-drivers there on the road. haha.
APPLE : gap up ... and pulled whole indices up as AAPL is a very heavy stock, heavily invested by WB's company ... so, many mutual funds managers buying in ... no brainer, follow the best investor.
We shall check again if APPLE breakout into NEW HIGH level ... well, I m still waiting AAPL to go below USD50?
Sunday morning ... glad to be alive and still kicking ... cleaning some corners of the garden (needing to clear more ... as I no longer can cope with the 'gardening')
Moving in slower pace and as stress mounting in ... needing to stay positive and focus .
link : https://youtu.be/50NLZLxkAGs
I was listening to this book ... hmm ..interesting book, but I didnt buy one.
A good book ... for living life to ourselves ... don't give a f*ck what others think or say.
haha
Have a nice Sunday.
TEH
morning ... 8 am ... woke up late (sigh) and sent my pretty girl to school for her party-day. She is in PINK ... and kinda happy. Making daddy in love again ... haha.
As I m no longer in Facebook ... perhaps for few weeks, but if I m comfortable with that, I would rather hide inside this 'new' blog with only less than 10 views per day. haha ... seriously? Only 7 views. haha.
Collapses : SVB, Signature, First Republic. Will like to show the charts and how these being bailed out ...so far. More to come ...
Today we shall check on some regional banks in US ...those going to bite the dust?
by yahoo on both the banks : https://youtu.be/ophXw47YoGU
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Western Alliance : another one biting the dust ... this week ... and going under.
It is important for me to focus in these. Cracks seen due to FED RATE at 5.25% now, a hike of 500 bps in 14 months!! That is crazy ...absurd.
Last year no drink coffee ... this month need to drink 5 cups per day!! ... Body system failing ...
Well ... time to read about 2007-2008 banking crisis. Would it crashes the current high-valuation markets?
We shall blog about these ... daily, ya.
Time to go to work ...
TEH
Good morning all ... it is 8.30am ... a lazy morning for me. Had a short walk in the park ... and now preparing for my tuition class 9am.
HAPPY WESAK DAY to those celebrating!!
Update on the SP500 after FED meeting yesterday ... or shall I say : this morning 2am. FED up another 25 bps as expected , making the rate to be 5.25 now ... oppsss ... this would crack more smaller regional BANKS.
We have First Republic Bank taken over cheaply by JPMorgan. So, what is next?
CS was taken over by UBS ... that is largest bank failed (failing for years, actually)
Over here , BNM up 25 bps too .. to 3% now. Read that AUZ up 25 bps too ... 3.85% now. So, we MALAYSIA BOLEH still way lower and strong than those orang-puteh's banks la.
Our INFLATION reported below 5% ... UK inflation above 10% ok? and our banks are STRONG, fundamentally speaking. Thanks to our current Anwar led gov ...
If u give to PAS or Mydin ... I mean, muhiddin ... habis, koyak our country la. Those rubbish-politicians trying to cover their greed and asses ... by trying to topple the gov, using the back-side tactics ... itu je they know. haha
SP500 : MACD crossed 1-2 weeks ago and I have mentioned that in the group and facebook?
I m taking a pause from FACEBOOK for few weeks ... to focus to be BACK to BLOG ... welcome to my blah-blah ... I need to FORCE myself to blog (haha) ... as it is no longer natural for me.
note : from AUG 2008 till 2015 ... I blog EVERYDAY, without miss ...not a single-day!! I have deleted the cpteh.blogspot ... and created FEW blogs to re-start , and failed since 2016 ... till 2023 ... bear with me.
Have a nice holiday.
TEH
Morning ... FED meeting again ... DOW selldown. Minus nearly 400 , hit minus 600 at a point.
Deleum : Stochastic oversold again in the uptrend, pullback = a BUY? Will it breakout of RM1? Buy now to sell RM1 or wait for it to breakout RM1? I would prefer to wait for breakout RM1 .
2.30pm ... just done the list to trade up for JULY ... the DATA CENTER (DC) theme play, of coz. Traders follow TREND and IGNORE noises ......
