Market Remains Weak
The market showed a brief glimpse of optimism last Thursday and Friday, closing higher with some indicators turning positive. However, over the past few days, many stocks have pulled back, and all readings have reverted to negative. The brief bullish momentum has faded, proving to be short-lived.
Looking ahead, improvement in key metrics is needed to confirm a sustained bullish trend. Ideally, the Market Momentum Tracker should tur...

Market Turns Positive with Significant Gains
Today, the market turned notably positive, largely driven by the recent rate cut in the US. Most indicators are now showing positive signs.
The Market Momentum Tracker closed in positive territory, reflecting a robust upward movement. Additionally, the Short-Term Trend Strength indicator has risen above 50% for the first time since the end of July.
While breakdowns still outnumber breakouts, the current tre...

Dear Mooers,
Are you ready to take your investment knowledge to the next level? We’re excited to invite you to our upcoming live stream event: “Understanding and Investing in ETFs Listed on Bursa Malaysia”.
Participate in this live stream, you will have a chance to receive 88 moomoo points!
In this comprehensive live stream, we’ll guide you through everything you need to know about Exchange Traded Funds (ETFs) and how you can leverage them...

The Ringgit is booming

A student sent me this just now!!
so happy for her achievements!

Foreign investment in the semiconductor industry boosts the thriving Penang technology construction industry
Report: Lim Di Sheng
Penang, as Malaysia's traditional center for the electrical and electronics (E&E) industry, is considered one of the most promising economic development centers in Malaysia, and is even referred to as the "Silicon Valley of the East" by some.
In the current expected upturn in the global semiconductor industry, CIMB Investment Bank takes the opportunity to explore the prospects of Penang as the locomotive of Malaysia's technology industry.
At the same time, supported by key infrastructure projects such as the light rail transit (LRT), the prospects for Penang's real estate and construction market also look bright and are worth discussing.
And enhance its related competitiveness.
"Penang already has a strong foundation in high-tech industries and manufacturing. If it expands into higher value-added areas, including research and development, design, and innovation, we believe that it will enhance the state's competitiveness, move towards the upstream of the value chain, and create more technical jobs, bringing higher incomes to local residents."
The analyst also stated that Penang's mature manufacturing base makes it a perfect location for vertical integration in the global value chain.
"By vertically integrating the various stages of production, from design to manufacturing to transportation, Penang can reap more value from the entire value chain and make a greater contribution to the global value chain."
He added that this also means that Penang can play a more important role in various technology and industrial value chains, attracting more investment from multinational technology companies.
In fact, the analyst pointed out that in recent years, Penang has attracted...