Friday, May 19, 2023

Gloves stocks are back?

 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?

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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