"Farewell August" 3 Follow-Through-Days in the last 10 day...
Farewell August.
KLCI has only been on the rise for 5 consecutive days, Tennis Ball Action! 💪
In the past 10 days, there have been 3 Follow-Through Days. 👍
(What I want to see: Price & Volume) 🫶
The trading volume of the Malaysian stock market has slightly increased compared to last week,
But for the past 5 days, the daily turnover has remained below 3 billion.
After the "Black One", the rotation is in the financial sector.
Currently, the finance sector 🏦🏦 YTD +22.49%.
The Construction (aka Data Center) sector has increased by 56.24% year-to-date.
The chart of small and medium-sized stocks is still in a weak state and will take time to recover.
Funds are still staying in Big Caps, and there is no support for small and medium-sized stocks.
In addition, as the performance reports are revealed one after another, the previous hype has proven to be false.
Trend trading.
If there are no one or two financial stocks in the portfolio this time, it won't be convincing.
In the Global Equity etf sector,
Ishares MSCI Malaysia ETF has a return of 19% this year.
Outperformed the S&P500, as well as the KLCI Index 😁,
Following the Argentina & Peru ETF,
Very impressive in the non-US markets.
Malaysia Boleh, rise and shine!
This week is the end of August and also the national day week,
Hoping that the worst is over.
The antenna indicates the wind direction, volume and price indicate wind speed,
Hope to see the overall bottoming out.
Looking forward to September! $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$
KLCI has only been on the rise for 5 consecutive days, Tennis Ball Action! 💪
In the past 10 days, there have been 3 Follow-Through Days. 👍
(What I want to see: Price & Volume) 🫶
The trading volume of the Malaysian stock market has slightly increased compared to last week,
But for the past 5 days, the daily turnover has remained below 3 billion.
After the "Black One", the rotation is in the financial sector.
Currently, the finance sector 🏦🏦 YTD +22.49%.
The Construction (aka Data Center) sector has increased by 56.24% year-to-date.
The chart of small and medium-sized stocks is still in a weak state and will take time to recover.
Funds are still staying in Big Caps, and there is no support for small and medium-sized stocks.
In addition, as the performance reports are revealed one after another, the previous hype has proven to be false.
Trend trading.
If there are no one or two financial stocks in the portfolio this time, it won't be convincing.
In the Global Equity etf sector,
Ishares MSCI Malaysia ETF has a return of 19% this year.
Outperformed the S&P500, as well as the KLCI Index 😁,
Following the Argentina & Peru ETF,
Very impressive in the non-US markets.
Malaysia Boleh, rise and shine!
This week is the end of August and also the national day week,
Hoping that the worst is over.
The antenna indicates the wind direction, volume and price indicate wind speed,
Hope to see the overall bottoming out.
Looking forward to September! $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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