forexsarawak

forexsarawak

Might bounce at 200 MA around 105 before bouncing?

forexsarawak

However once USD starts to persisently weaken next week or 2 weeks than KLCI could get a significant relief rally

forexsarawak

Increasing energy costs for ALL businesses reduces whole economy and profits of ALL businesses

forexsarawak

Could go down to 3.8 by December and then go up March April 2023

forexsarawak

If Fed continues to hike AND shrink balance sheet therefore doing demand destruction then credit will be So Tight that US economy will contract and present recession will become a Depression. Such a conditions could make Nasdaq drop another 20% and SPX another 12% from present levels

forexsarawak

15% down from present level and with regular dividends makes for compelling accumulation in November through January

forexsarawak

Continued BNM rate hikes might bring KLCI to 1350 by December or January

forexsarawak

US equities indice might drop another 10 to 20% if this uptrend continue. KLCI might drop 8 to 18% commensurately

forexsarawak

Only real resistance are 111 and 112 to 113. Yeild continue to rise as FED is fighting inflation

forexsarawak

Only low Inflation, BNM easing and Big Spending can push Equities higher again

forexsarawak

If yields continue to fall then DXY will likely go lower. DXY hasnt been this high since 2002

forexsarawak

With Fiscal Stimlus then could bounce then December January decide direction. FDI, exports and foreign funds flows may tilt the bias

forexsarawak

31st August we will know if Top Glove can match 16 sen dividend given this quarter or the record 23 sen the quarter before that

forexsarawak

With US Yields suppressed and USD continuing lower Emas should aim for new highs. Malaysian Yields would also be a factor.

forexsarawak

Will equities drive up and DXY resume long term downtrend?

forexsarawak

Will BNM go on a sustained rate hike on Q4 2021 and 2022?

forexsarawak

Will Federal Reserve do Yield Curve Control to stop this going to 2 or 2.1%? Or will real inflation defeat the Federal Reserve and make it got to 2.5 and 3% this year?

forexsarawak

With Dividends double to the next STI peer this is an outstanding stock to hold Medium (3 Quarters) to Long Term (3 Years)