Why can't I buy stocks?

US stocks closed higher on Monday. The market temporarily freed itself from the impact of the Arab-Israeli conflict and rising oil prices, and refocused on inflation and the Federal Reserve's policy issues. The impact of the Israeli-Palestinian conflict is insufficient to change the driving force of financial markets. A Federal Reserve official said the need to raise interest rates may have decreased. Seeing this news early in the morning is very reassuring. It means there is a high probability that the stock market will gradually stabilize in a short period of time. Judging from technical trend analysis, the daily level of the US stock NASDAQ index continues to rebound and stabilizes above the MA20 EMA support level. There is a high probability that it will rise further in the short term. The upper side is focusing on the MA50 pressure level around 13650. If this position can be effectively broken through, then the US stock NASDAQ index is expected to rise further.

Technology sector: Continued rise in the US technology sector will drive investment opportunities for Malaysian technology stocks. The 2024 budget allocation will also help strengthen the country's 5G network. Since then, the technology industry will be boosted, and related technology stocks will benefit.
Real estate construction sector: The stabilization of the Malaysian Composite Index will help real estate and construction sector stocks return to a strong trend. Real estate construction is also the most important beneficiary of the 2024 budget. In the short term, this sector is expected to restart the upward trend.

Key figures for the fourth quarter are as follows:
Fourth quarter:
NIO's revenue was RMB 17.10 billion, up 6.5% year on year; the gross profit margin of the vehicle was 11.9%, reaching double digits for two consecutive quarters;
Cash reserves of 57.3 billion yuan, a significant increase of 12.1 billion yuan over the previous quarter;
R&D expenditure was 3.97 billion yuan, exceeding 3 billion yuan for five consecutive quarters;
FULL YEAR 2023:
In 2023, NIO's total revenue reached a record high of 55.62 billion yuan, an increase of 12.9% over the previous year;
The annual R&D expenditure was 13.43 billion yuan, surpassing 10 billion for two consecutive years.
Looking to the future:
For the first quarter of 2024, the company expects:
Vehicle deliveries ranged from 31,000 to 33,000 units, an increase of about 6.3% over the same quarter of 2023.
Total revenue is expected to be between RMB 10.499 billion (US$1,479 million) and RMB 11.087 billion (US$1,562 billion), a decrease of about 1.7% to an increase of about 3.8% from the same quarter of 2023.