The world equity market seems to slump after a moderate rally for the last one month, probably one can consider as a bear rally, like I has mentioned on the last report, is a bit too fast – the rally.
Now, with US jobless data shoot to 9.5% record high, what we can expect next? It seems the economy still fragile, still struggling to stop falling (not to come out from the bottom yet). I personally feel that the world economy will be slightly better from 2010, not 2009.
For the past 2 weeks, local market followed regional market faced sell off pressure and adjustment after a moderate rally. Nevertheless, the simulation model portfolio still manages to make profit up to date. Total return for the past 3 months is RM 16000. The most profitable counter is HARTA which has a return of almost 50% for just 3 months. This was mainly caused by the worsening of swine flu which increased the demand of gloves globally.
Now, with US jobless data shoot to 9.5% record high, what we can expect next? It seems the economy still fragile, still struggling to stop falling (not to come out from the bottom yet). I personally feel that the world economy will be slightly better from 2010, not 2009.
For the past 2 weeks, local market followed regional market faced sell off pressure and adjustment after a moderate rally. Nevertheless, the simulation model portfolio still manages to make profit up to date. Total return for the past 3 months is RM 16000. The most profitable counter is HARTA which has a return of almost 50% for just 3 months. This was mainly caused by the worsening of swine flu which increased the demand of gloves globally.
put there average total return~~
ReplyDelete