A Reminder Of Why I Bought Poh Kong

It has been a while since I bought Poh Kong (sometimes in April 2012 after the Millionology seminar in Miri) and my buy price was RM0.56 in average. The price fall ever since till today at RM0.46. I lost RM0.10 which is 17.86%. I was thinking to sell this stock at one point. 

My friend sent me the following link from Len Yang ( 冷眼) : 
http://www.oomoney.com/cold_eye/cold_eye_collection/gold_shop/  

The information from the link strengthen my holding of Poh Kong. 

As Weird As It May Be - KLCI

Composite Index (KLCI) = Bullish (This week turned Bullish)

1. Construction Index = Bearish
2. Consumer Index = Bearish (Turning Bullish Soon)
3. Finance Index = Bullish
4. Industrial Index = Bearish
5. Industrial Products Index  = Bearish
6. Plantation Index = Bearish
7. Property Index = Bearish 
8. Technology Index = Bearish  
9. Trading And Services Index = Bullish (This week turned Bullish) 

It is weird that majority of our sector indexes are bearish when KLCI has already been bullish. 2 out of  9 sectors are bullish when Consumer Index will be turning bullish in the coming week. 
I guess we should look at Financial sector, Trading & services sector and Consumer sector for stock trading. 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

Gobally Bullish - All Indexes

DOW JONE = Bullish 

NASDAQ = Bullish
S&P 500 = Bullish 

FTSE = Bullish

DAX = Bullish 

HANG SENG = Bullish
SHANG HAI = Bullish 

NIKKEI225 = Bullish
SEOUL = Bullish
TRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish

Jakarta Composite Index = Bullish
KLCI = Bullish 

Charts never lie. What else can I say? It is year end rally. All indexes are bullish.  

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html 

Again Remained No Change

Composite Index (KLCI) = Bullish (This week turned Bullish)

1. Construction Index = Bearish
2. Consumer Index = Bearish
3. Finance Index = Bullish
4. Industrial Index = Bearish
5. Industrial Products Index  = Bearish
6. Plantation Index = Bearish
7. Property Index = Bearish 
8. Technology Index = Bearish
9. Trading And Services Index = Bearish
Malaysia sectors remain the same with Finance Index remaining Bullish and of course KLCI is in Bullish mode. Honestly, I don't get it why KLCI turned bullish yet almost all of the sectors are Bearish. 

All Markets Are Bullish

DOW JONE = Bullish (This week turned Bullish)

NASDAQ = Bullish (This week turned Bullish)
S&P 500 = Bullish (Turned Bullish This Week) 

FTSE = Bullish

DAX = Bullish 

HANG SENG = Bullish
SHANG HAI = Bullish (This week turned Bullish)

NIKKEI225 = Bullish
SEOUL = Bullish
TRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish

Jakarta Composite Index = Bullish
KLCI = Bullish (This week turned Bullish) 

There are four markets turned bullish this week making the whole of above in Bullish mode. The markets have high potential of heading higher. Let's see

No Change In Sectors Market Condition

Composite Index (KLCI) = Bearish

1. Construction Index = Bearish
2. Consumer Index = Bearish
3. Finance Index = Bullish
4. Industrial Index = Bearish
5. Industrial Products Index  = Bearish
6. Plantation Index = Bearish
7. Property Index = Bearish 
8. Technology Index = Bearish
9. Trading And Services Index = Bearish 

There is no change in Malaysia market condition where Finance Index is the only section remains bullish. 

S&P500 Also Turned Bullish

DOW JONE = Bearish

NASDAQ = Bearish
S&P 500 = Bullish (Turned Bullish This Week) 

FTSE = Bullish

DAX = Bullish 

HANG SENG = Bullish
SHANG HAI = Bearish (Might Turn Bullish Soon)

NIKKEI225 = Bullish
SEOUL = Bullish
TRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish

Jakarta Composite Index = Bullish
KLCI = Bearish 

S&P500 turned Bullish while ShangHai Index is turning Bullish soon. The rest remain. It is obvious that the markets are turning bullish soon. It could be due to "year end effect".

Finance Index Is The Only Bullish Sector

Composite Index (KLCI) = Bearish

1. Construction Index = Bearish
2. Consumer Index = Bearish
3. Finance Index = Bullish
4. Industrial Index = Bearish
5. Industrial Products Index  = Bearish
6. Plantation Index = Bearish
7. Property Index = Bearish (Turned Bearish This Week)
8. Technology Index = Bearish
9. Trading And Services Index = Bearish 

There is only 1 Sector ; Finance Index remaining Bullish out of 9 Sectors. This is not good actually. We just have to bare in mind when trading or investing. 

3 Markets Turned Bullish

DOW JONE = Bearish

NASDAQ = Bearish
S&P 500 = Bearish

FTSE = Bullish

DAX = Bullish 

HANG SENG = Bullish
SHANG HAI = Bearish

NIKKEI225 = Bullish
SEOUL = Bullish (Turned Bullish This Week)
TRAITS TIMES = Bullish (Turned Bullish This Week Too)
TAIWAN WEIGHTED = Bullish (Turned Bullish This Week)

Jakarta Composite Index = Bullish
KLCI = Bearish 

 

There are 3 markets turned bullish this week ; Seoul , Straits Times Index and Taiwan Weighted Index which left Shang Hai Index and KLCI remaining at Bearish Mode in Asia. 

 

  

Composite Index (KLCI) = Bearish

1. Construction Index = Bearish (Back to Bearish again)
2. Consumer Index = Bearish
3. Finance Index = Bullish
4. Industrial Index = Bearish
5. Industrial Products Index  = Bearish
6. Plantation Index = Bearish
7. Property Index = Bullish
8. Technology Index = Bearish
9. Trading And Services Index = Bearish 

Construction Index turned Bearish again this week which makes it 7 out of 9 sectors are Bearish now. 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

FTSE Turned Bullish. The Rest Remained

DOW JONE = Bearish

NASDAQ = Bearish
S&P 500 = Bearish

FTSE = Bullish (Back to Bullish again)

DAX = Bullish 

HANG SENG = Bullish
SHANG HAI = Bearish

NIKKEI225 = Bullish
SEOUL = Bearish
TRAITS TIMES = Bearish
TAIWAN WEIGHTED = Bearish 

Jakarta Composite Index = Bullish
KLCI = Bearish 

FTSE turned Bullish this week. US stock market rebounded strongly last week but they are still in bearish mode using GPMMA. There was no change in Asia markets. 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html