Same Old Same Old

It’s been a couple of months since my last update. Since then I had the intention of putting up a few posts, but, they were mainly revolving around the market. Because I don’t want this blog to be a “finance market” blog, I put them on hold. Since nothing else was going on elsewhere in…

Technically speaking – Corona, what corona?

Two weeks ago I ‘forecasted’ that the market would head upwards to 1470 before making a slight pause. Well, it did just that – it went to 1470 on the 29th of May and paused – mainly because the market closed. The next couple of days, it just sailed upwards, seemingly not wanting to look…

Technically Speaking – another update

A quick follow up to my last post. Seems like the weakness I expected never materialised and the market held up quite well at the 1370 Fibonacci line and has completely flew above two resistance areas (marked red and green respectively). What could be driving the rally? I don’t really know, as far as I…

Technically Speaking – an update

It’s been quite a bumpy ride since my last entry around about two weeks ago. The market has closed the gap at 1420, and has retraced since then, bouncing at 1370 before attempting to breach the resistance at 1420, once again failing. Yesterday, the market closed down about 30 points, hovering at the Fibonacci support…

Home exercises

I have honestly lost count of how many days we’ve lived through this Movement Control Order (MCO). My rough estimate tells me we’ve just gone a couple of days over a month. Most people I know seem to be doing relatively okay, judging by their Instagram posts. I suppose we’re the lucky ones. I continue…

Technically Speaking

I really try to not do this because I’d prefer to not write about the stock market on my website. But since I’m not really keen on documenting my personal life at this moment, I reckon, this will have to do, plus, people always seem to like talking about the market anyway. In November 2019,…

Change is cancelled

Earlier this year I was a little upbeat on how things were going. Finally I thought, things were turning up. Then things turned round pretty fast. There were a few hiccups along the way, but nothing we couldn’t handle. And then this whole pandemic thing just blew everything out of the water. It would be…

Limited movement: Experiments with coffee

Three days ago, the government has announced a restricted movement order (RMO) in order to abate the spread of Covid19 in Malaysia. Technically, its lockdown-lite, you can go out, only for essentials, otherwise, stay the fuck home. But it seems that a lot of Malaysians are taking this lightly, reportedly out and about like everything…

Driving thoughts: capital movements

In light of the recent events, I’ve decided to tune in to Bourgeois FM to hear commentaries of what’s been happening. Out of coincidence, I listened in this morning to a segment regarding regional market movements and heard the thoughts of a fund manager about what investors are doing in lieu of global developments. Obviously…

2019: An Introspection

Around the same time last year, I sat down to write about how my 2018 was. Reading back, last year for me was all over the place. It wasn’t catastrophic, though there were failures here and there, but it wasn’t much of a success either. I had hoped that 2019 would be a better year…