Hi Mooers,
National Day is around the corner. How will you celebrate it? Let's share the events you participated in along with your wishes for Malaysia to win rewards!Click to join the discussions>>
Every year on National Day, besides various exciting activities, there are also familiar iconic patriotic songs played in the streets. Our team can't get enough of "Tanggal 31 Ogos" from our school days! Which patriotic song is your fav...

$YTLPOWR (6742.MY)$
what do you guys think? Will continue with this momentum or just a one day spike like the day they had an exceptional earnings report released?
If anyone got insights or analysis on whether foreign investment will be or is already pouring money back into ytlpower please share too! 💛

$XAU/USD (XAUUSD.CFD)$
XAUUSD H1
Last night, the US released a series of data. The initial value of S&P's global manufacturing PMI in August was 48 below the boom and dry line, a new low in 8 months. The service sector PMI recorded 55.2, which was higher than expected. Existing home sales increased for the first time in five months in July. In addition to the remarks made by Federal Reserve officials yesterday, the revised non-agricultural data did not change the view on policy. Interest rate cuts are expected to begin soon; the pace of interest rate cuts will be gradual. As long as there are no surprises in the data, it is necessary to start the process of cutting interest rates; the end of the easing cycle may keep the federal funds rate at about 3%; and the US unemployment rate may rise to slightly below 5%. The Federal Reserve's speech was gentle and gave feedback to the market that it would not cut interest rates by 50 BPs faster in September. This also caused the 50 BP rate cut expectations shown in CME data this morning to fall below 25% from 30% + yesterday. The US dollar index also rose as expectations of interest rate hikes and interest rate cuts weakened, rising from 101 to 101.5. The upward movement of the US dollar allowed the price of gold denominated in US dollars to decline. It declined from a high level of around 2515 to a minimum of 2471 during the day, and finally closed back above 2480.
On the technical side, yesterday morning's analysis and afternoon trading release all mentioned paying attention to gold's correction. After gold pulled back to the 2,500 position in early trading, it continued to decline in the evening in line with fundamental data, and quickly recovered at the 2480 position. Gold has now turned weak in the short term. Although it is still within the previous upward channel, the new...

$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$
Do you guys think today’s bullish trend will be continued for the week or is just a random rebound that will not continue tomorrow
I need second opinions to make my decision on whether to minimize risk. I am 21, after a few successful side hustles, part time jobs and allowance savings I’ve managed to saved near 30k for investing, YTD i managed to increase my portfolio by around 40%.
for context:
i am a swing trader with majority of my portfolio consisti...

Morning traders, Happy Monday. The market is open and moving somewhat slowly, but my name is Kevin Travers, and here are your morning moving stocks and stories from the herd on Wall St. today.
$McDonald's (MCD.US)$ reported a triple miss with second-quarter results Monday, as profit and revenue fell below expectations. Comparable sales fell, despite higher prices, and not enough customers journeyed to the gold...

$NVIDIA (NVDA.US)$
$STRIVE U.S. SEMICONDUCTOR ETF (SHOC.US)$
on the technical standpoint we can see on the week chart is hovering at the 38.2% week Fibonacci level it looks like it's poised for a rebound thanks to the recent economic news regarding the strong US GDP of 2.8% as well as the lower than estimated jobless claims of 235k instead of 238k. nevertheless there has been many good articles popping up regarding NVIDIA this though may be threaded with caution because on the...