Dear Friends & Fellow Investors of i3 Forum,
After these past 2 weeks of profit taking & panic sell down KLSE Bull will be recharged for a Multi Year Upside as Foreign Funds are expected to Flood Bursa again.
Why Should It Be So?
Answer:
"As Great Sifu John Neff says, "I don't read, much less follow, the valuations or predictions. I study the numbers", John Neff
YESSS!
JOHN NEFF SAYS, "I STUDY THE NUMBERS!!"
See these News From USA
Investor 'fear of missing out' runs wild as record amount of money flows into stocks the last four weeks
- Stock-based mutual funds and ETFs pulled in $58 billion in the past four weeks, the fastest surge ever.
- The rush of cash is inspired by a "fear of missing out," says BAML's Michael Hartnett.
- The market has been on a tear during the period, with the S&P 500 up 4 percent over the span and off to one of its fastest-ever starts to a calendar year.
Investors looking to get a piece of the latest market surge poured
cash into stock funds at the highest pace ever during the past four
weeks.
Mutual funds and ETFs that focus on stocks garnered $58 billion in
fresh money during the period that ended Wednesday, according to Bank of
America Merrill Lynch. The rush comes during a period when the S&P 500 rose about 4 percent and was off to one of its fastest-ever starts for a calendar year.
The rush of cash is inspired by a "fear of missing out," Michael
Hartnett, BofAML's chief investment strategist, said in a report on
weekly fund flows. He added that the "frothy price action likely
continues in the short term," though the firm's indicator of market
sentiment is getting closer to a sell level.
New money didn't just go into exchange-traded funds that passively track market indexes like the S&P 500 and Dow industrials.
Active funds, which have seen massive outflows in the past several
years, also have reached a four-year peak inflows during the past four
weeks.
All told, equity ETFs have pulled in $38.2 billion in 2018 while
their mutual fund counterparts have gathered a net $5.6 billion,
according to BofAML. Most mutual funds are run by managers who actively
pick stocks and carry considerably higher fees than ETFs.
The one-week total inflow of $23.9 billion was the seventh-best on record.
U.S. funds showed the strongest money gains with $6.4 billion for the week, while Japan attracted $3.6 billion, emerging markets saw $3.5 billion and Europe pulled in $2.2 billion in creations. U.S. large-cap funds were the biggest beneficiary by style, with $6.5 billion of inflows, BofAML reported.
By sector, financials took in $1.6 billion while technology and energy saw $700 million apiece.
The surge comes as sentiment surveys show both professional and mom-and-pop investors getting much more optimistic.
The latest Investors Intelligence poll of professional newsletter
editors saw bulls outnumber bears by 66.7 percent to 12.7 percent, the
biggest spread since April 1986. The American Association of Independent
Investors retail survey reported the difference at 54.1 percent to 21.4
percent.
Calvin comments:
As you can see the frenzy of Dow Jones crossing 26,000 index for the
first time there is a "panic buying of stocks & investment funds in
the USA"
The numbers show "US3.5 Billions or Rm13.75 Billions" are for
Emerging Markets. How much of these monies will flow into KLSE?
And why should Malaysia be in their investment radar?
Answer:
1) Malaysia at 5.2% to 5.5% Growth Rate looks attractive.
2) Malaysia is a laggard compared to Thailand,
Singapore, Indonesia, Philippines, Korea, Japan, China, Taiwan &
others. So THESE POOL OF FUNDS SLOSHING AROUND WILL FLOW TO VALUE. The
Bargains Are in Malaysia!
3) Rising Ringgit
No other Asian EM currency has been sold down like the Ringgit. So
the settlement of 1MDB's debt to IPIC has boosted confidence in Ringgit
4) Rise of Crude Oil
Another booster for Malaysia being a Net Oil Exporter. Crude Oil
collapse hammered ringgit. So Crude Oil rebound pulls up Ringgit
So in the minds of a Foreign Fund Manager Malaysia presents the Twin
positive Boosters of a Rising Stock Market & A Rising Currency
against the US Dollar.
SO WILL MALAYSIA CAPTURE THE LION SHARE OF THE EM FUNDS FROM US?
That will be the figures coming soon.
Meanwhile Calvin & Buddies stay fully invested. Why so?
Answer:
THIS IS GE14 ELECTION YEAR!
BN GOVT WILL INJECT VITAMIN(MONEY) INTO BURSA TO CAUSE "THE FEEL
GOOD FACTOR" TO BOOST CONFIDENCE IN PREPARION OF THE UPCOMING ELECTION.
Tell you this Big Secret why Pm Badawi failed.
BN lost the 2/3 Majority in Pm Badawi time as he neglected to
support KLSE in that fateful year of Losses. After BN lost 2/3 Majority
KLSE Plunged 100 points & triggered "Trading Halt" for 1 hour.
So Pm Najib who told people to "invest in Mutual Funds" won't make the same mistake.
THIS IS IT!!
NOW GO FOR MAXIMUM INVESTMENT EXPOSURE FOR A POWERFUL ELECTION YEAR RALLY
Best Regards & Kong Hei Fatt Choy
Calvin Tan Research
Jurong West, Singapore
Note:
One Big Fund is Champion Value Fund called Vanguard from USA
And Vanguard , btw, is Top 18 Share holder of MRCB.
18. HSBC Nominees (Asing) Sdn Bhd BBH and Co Boston For Vanguard Emerging Markets Stock Index Fund......7,941,500 (Vanguard owns almost 8 millions Mrcb shares). Now flushed with fresh cash infusions Vanguard will add more positions in Mrcb soon. And there are 11 More Foreign Funds in Top 30 Share holders of MRCB. The rest 18 are Local Funds.
So will MRCB goes into a Multi year Upside Bull Run?
