Just a few days ago, on Black Monday, the market was extremely panicked. Everyone thought a stock disaster was coming, but I told everyone that the market would soon bottom out and rebound.
The market has actually rebounded in recent days. Shareholders who have not participated in this wave of gains have begun to fear of missing out (FOMO) and are always looking for stocks to buy.
In financial markets, greed and fear are human weaknesses. As long as you understand these two things, you basically won't be chasing ups and downs every time.
This market sentiment index is a great way to observe what stage the market is currently in. On Monday, when the market was extremely worried, the index fell to about 4-5, then reversed and rose to 88 after 4 days. This also indicates that the market is starting to get excited, and there will definitely be an adjustment soon.
The point is that if this round of pullback can be higher and lower, basically this round of sell-off can be declared over. Conversely, if the index pullback falls below the recent low, then it is likely that a new round of downtrend will come again, which is the same for US stocks and Malaysian stocks.
Of course, my personal opinion is that there should be no further sharp decline in the short term. At most, it will be a period of consolidation, and the market will take a new direction only after the peak performance period.
If you have followed my FB livestream and participated in this wave of backlash, congratulate you. If not, it doesn't matter. Keep following me and I'll share more when I get a chance.
The market has actually rebounded in recent days. Shareholders who have not participated in this wave of gains have begun to fear of missing out (FOMO) and are always looking for stocks to buy.
In financial markets, greed and fear are human weaknesses. As long as you understand these two things, you basically won't be chasing ups and downs every time.
This market sentiment index is a great way to observe what stage the market is currently in. On Monday, when the market was extremely worried, the index fell to about 4-5, then reversed and rose to 88 after 4 days. This also indicates that the market is starting to get excited, and there will definitely be an adjustment soon.
The point is that if this round of pullback can be higher and lower, basically this round of sell-off can be declared over. Conversely, if the index pullback falls below the recent low, then it is likely that a new round of downtrend will come again, which is the same for US stocks and Malaysian stocks.
Of course, my personal opinion is that there should be no further sharp decline in the short term. At most, it will be a period of consolidation, and the market will take a new direction only after the peak performance period.
If you have followed my FB livestream and participated in this wave of backlash, congratulate you. If not, it doesn't matter. Keep following me and I'll share more when I get a chance.
Translated
![As long as you understand human nature, you can understand the stock market](https://sgsnsimg.moomoo.com/sns_client_feed/102651953/20240809/a9cddc93fe7a1d9bde7e438901a4ba8b.jpg/thumb?area=104&is_public=true)
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Jayden Pang MW
liked and commented on
Although the rules of the game have changed...
But there are still bugs...
This bug should be 300% over a month
You can do some research and research...
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But there are still bugs...
This bug should be 300% over a month
You can do some research and research...
Translated
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Jayden Pang MW
reacted to
Hi mooers! The MY Stock Paper Trading Competition officially ended on 01/12/2023 (ET)!![]()
This competition received enthusiastic participation from mooers, with a total of 4778 mooers signing up!
Are you looking forward to the competition prize? Let’s announce the winners together!![]()
Week 6 Leaderboard
In the last week of the competition stage, these mooers achieve the best results that week and win generous points rewards!
Week 6: 27/11/2023 (E...
This competition received enthusiastic participation from mooers, with a total of 4778 mooers signing up!
Are you looking forward to the competition prize? Let’s announce the winners together!
Week 6 Leaderboard
In the last week of the competition stage, these mooers achieve the best results that week and win generous points rewards!
Week 6: 27/11/2023 (E...
![Winners announced! Who is the best MY stock investor?](https://sgsnsimg.moomoo.com/101000106/editor_image/e7eb5bd9d4f637a885291a5f71104942.png/thumb)
![Winners announced! Who is the best MY stock investor?](https://sgsnsimg.moomoo.com/101000106/editor_image/779fe6306bdc39dcb9c57486a3f74864.png/thumb)
![Winners announced! Who is the best MY stock investor?](https://sgsnsimg.moomoo.com/101000106/editor_image/801de5f606f037b29dce89ed55ee9eb5.png/thumb)
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Recently, US stocks have risen to the point of doubting life, but only a few individual stocks with low liquidity have risen and stopped alternately. The overall market sentiment is still not very good, indicating that there are no agreed themes in the market. I hope this round of US stocks will drive Malaysian stocks to rise.
On the other hand, interest rates on US ten-year debt have declined, leading to an improvement in market sentiment. It is believed that the Fed will cut interest rates in June next year. However, if you look at it from another perspective, the decline in 10-year interest rates also represents an increase in everyone's demand for bonds, which means they are worried that the economy will enter a recession in the future.
However, it is good for the stock market in the short term, because the pressure for further austerity has been reduced, and I personally think there will be a wave of small bulls in US stocks (Malaysian stocks may have to wait a while; peak performance is approaching). I still maintain my previous view. I believe the stock market will be very good in the next two years, but there may be a major pullback before then. Soon it will happen in 2024Q1, Q2 at the latest, and then it will be time for wealth redistribution.
Don't go all in this round of gains. Remember to close when you see something good and prepare for the next round of decline.
On the other hand, interest rates on US ten-year debt have declined, leading to an improvement in market sentiment. It is believed that the Fed will cut interest rates in June next year. However, if you look at it from another perspective, the decline in 10-year interest rates also represents an increase in everyone's demand for bonds, which means they are worried that the economy will enter a recession in the future.
However, it is good for the stock market in the short term, because the pressure for further austerity has been reduced, and I personally think there will be a wave of small bulls in US stocks (Malaysian stocks may have to wait a while; peak performance is approaching). I still maintain my previous view. I believe the stock market will be very good in the next two years, but there may be a major pullback before then. Soon it will happen in 2024Q1, Q2 at the latest, and then it will be time for wealth redistribution.
Don't go all in this round of gains. Remember to close when you see something good and prepare for the next round of decline.
Translated
![The US CPI data for October fell short of market expectations. Are the Mavericks here?](https://sgsnsimg.moomoo.com/feed_image/102651953/ebda33489b7531b9942773aefde03d46.jpg/thumb)
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Jayden Pang MW
reacted to
Hi mooers! The MY Stock Paper Trading Competition has been going on for a week, let’s see which users are ahead!![]()
Week 2 Leaderboard
Period: 30/10/2023 (MYT) to 03/11/2023 (MYT).
Congratulations to all users who made it to the weekly leaderboard!![]()
@Jayden Pang MW @tekka @Steven billions @Noob7 @Hafiz Asri
What is your favourite MY stock in papertrading?
Share your P/L (Profits/Losses) orders & insights of your favourite MY s...
Week 2 Leaderboard
Period: 30/10/2023 (MYT) to 03/11/2023 (MYT).
Congratulations to all users who made it to the weekly leaderboard!
@Jayden Pang MW @tekka @Steven billions @Noob7 @Hafiz Asri
What is your favourite MY stock in papertrading?
Share your P/L (Profits/Losses) orders & insights of your favourite MY s...
![Week 2: Who are topping the chart in the MY Stock Paper Trading Competition?](https://sgsnsimg.moomoo.com/101000106/editor_image/834cfd24a3db32019e26e465e544bbd7.png/thumb)
![Week 2: Who are topping the chart in the MY Stock Paper Trading Competition?](https://sgsnsimg.moomoo.com/101000106/editor_image/e8a9071489103fb9bb3aa06b97e896b7.jpg/thumb)
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Jayden Pang MW
liked
A few recently traded stocks such as $SASBADI (5252.BMS)$ 、 $IFCAMSC (0023.BMS)$ with $DCHCARE (0283.BMS)$When a stop loss is reached, either the rise cannot break through resistance and there is selling pressure, or the intraday period is washed out.
This situation is commonly encountered (Stop losing three orders in a row), I will restart the conservative model and reduce the number or amount of transactions. Coincidentally, the small-cap index seems to have begun to show signs of reversal recently, and a healthy correction is needed in the short term. Coupled with the September KLCI futures discounted by about 20 points compared to the spot price, the market may be bearish on the general market trend in September.
However, I am personally optimistic about the stock market at the end of the year, especially after the upcoming 12th Malaysia Plan Review Meeting and the October Budget.
This situation is commonly encountered (Stop losing three orders in a row), I will restart the conservative model and reduce the number or amount of transactions. Coincidentally, the small-cap index seems to have begun to show signs of reversal recently, and a healthy correction is needed in the short term. Coupled with the September KLCI futures discounted by about 20 points compared to the spot price, the market may be bearish on the general market trend in September.
However, I am personally optimistic about the stock market at the end of the year, especially after the upcoming 12th Malaysia Plan Review Meeting and the October Budget.
Translated
5
Jayden Pang MW
liked
Both DW bar.
$SYSTECH (0050.BMS)$ Couldnt resist DW after shaking out from VCP, small position only.
$SYSTECH (0050.BMS)$ $TENAGA (5347.BMS)$
$SYSTECH (0050.BMS)$ Couldnt resist DW after shaking out from VCP, small position only.
$SYSTECH (0050.BMS)$ $TENAGA (5347.BMS)$
![Picture](https://sgsnsimg.moomoo.com/feed_image/103089450/2522c026b25732a5b02e07834b661fb4.jpg/thumb)
![Picture](https://sgsnsimg.moomoo.com/feed_image/103089450/41e64612c16536b2a09d15faf68bce66.jpg/thumb)
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