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Warren Buffet up its stake in Occidental Petroleum Corp, petroleum and gas won’t go away anytime soon.
But funds won’t goreng oil and gas counters because they are not ESG counters also…..
Unless oil price move above 90…..
So many turkeys can fly in wind storm, leading stocks coming down, the down trend is so obvious……
Keep your profit and capital, wait for the next opportunity to come along ……
ACW...I definitely agreed w you. it is hard to catch anything at this moment. Only experience traders may take some position....newbies like me sure kaput. Tunggu the right signal.
Best is watching to preserve your profit and capital…..rotational play to those third and fourth liners……
really turkeys also can fly in wind storms….
best wishes to those who hold these stocks long ago ( 被套久了） and the daring new traders …….
The thematic play of AI and Data Center are coming down….ytlpower almost dropped one dollar from high ……
for me ‘valuation’ and ‘intuition’ always worked best ……50-60% right is good enough……
Yes, best is preserve our profit and capital. Many daring traders still shouting..... daring sometimes is not enough, need to be more rational and intuition. The AL is long overdue for correction though... i now sideline, playing cikit cikit like MNRB baby and those dip kaw kaw...2 pips lari lor.....can earn a kopi kaw sudah happy these day...
Market consolation still on, but the party for AI and Data Center is going as before.
Will ijm and ijm- C83 join the party ?
Maybe can look at one small counter DFX which have some contracts from TM on data center and IT jobs ….….buyn dips ….
Kevin……Noticed the two funds keep selling ……
I sold all at 0.22, bought back a bit at 0.20 …..
Maybe you can look at C-86, longer maturity date ……but premium a bit higher …….
Btw, i think this I is very similar to S , fund keep on selling and buying.
S seems like coming back where selling by big fund is reducing and buying increases