Red Overall Market On First Trading in 2016 (4.1.2016)

As of 4.1.2016 (Monday), the day most anticipated by investors, traders, brokers & big firms because this is the first day of stock exchange market trades in 2016.

The good news is we are set for a new year. New Resolutions, New Expectations & New Hope are made this year.

People would always hope they can earn money out of stock to have a freedom life. But, Mr. Market doesn't seems to react accordingly.

Now, the bad news is:

Every Stock Exchange in the world are bearing today. Below is the screenshot taken today to refresh my memories of this Black Monday.

KLSE(Malaysia) has plunged 39 points to 1653.7 on the beginning of 2016 while STI (Singapore) plunged 46 points to 2835.97.

The market now is going slow because:

1.The FED announcement of interest hikes of 0.25% in December 2015

2. Oil prices plunged to below USD35 in December 2015

3. Market sentiments are slowing down because the FEAR of PEOPLE

Well, the actual reason for this Black Monday is the half of Shanghai and Shenzhen stock exchange after the index drops by a whopping 7 percent. 

Big firms might be panic about new year 2016 and starts to sell of all their holdings causing this event to happen all in a sudden. 

For details, you can read it here.

China people should be in shocked in their first trading day of 2016. 

Nevertheless, Bursa Malaysia is also experiencing drop because of aftereffect. If you have good wisdom and have done homework earlier, this is a good chance to increase stock holdings.

In conclusion, Be Greedy When The Others Are Fearful. Just grab good stock while you can. 2016 is a tough year especially for Oil & Gas industries. Hope we can squeeze some profits from the stock market. 

Cheers.