Tamaaa commented on a stock · Oct 17, 2024 13:25

Slow

$VTC (0319.MY)$ hmm recent ipos have been slowing down

i think its becuz malaysia is not interested in lowering rates although it has been boasting about supporting chips industry

meanwhile in US, both dxy and stocks been rallying making new highs, as well as crypto going higher

for chips stock to run we need myr to go down > big MY stocks rally > small stocks and risky ones only starts to run

so holding these so called small and risky ones gonna take a while until malaysia start reducing rates

this is just my understanding do correct me lol

im just a yappering dog

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LOCK IN OR CLOCK IN I’m just a yapper here Any views are welcome Don’t get cooked cuz I just yappin

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