KITACON Stock Forum

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...

Good morning mooers! Here are things you need to know about today's market:
●The S&P 500 fell for a third consecutive day, down 0.3% Thursday
●Malaysia and Brunei ink MoU in youth and sports, Syariah judiciary
●Infineon's RM25bil in investment in Kedah a sign of confidence in Madani Govt
●Stocks to watch: Telekom Malaysia, QL Resources, Fraser & Neave, Sunway
-moomoo News MY
Wall Street Summary
U.S. st...