Good for traders not investors.

Brent is up now by 12%.

Those willing for 10% can monitor this side for tomorrow's trading.

No rejection was made. but not yet approved. There is sound wisdom that the drug may work' President dont talk any how.

Moreso before now India have been using it succefully.

ebuka1997:
https://www.google.com/amp/s/metro.co.uk/2020/03/19/us-drug-officials-shoot-donald-trump-coronavirus-treat wasnt-moments-unveils-12425900/amp/

The fda has reject the claim @onegentleguy but h0pefully a cure would be found soon

locodemy:
Good for traders not investors.

Brent is up now by 12%.

Those willing for 10% can monitor this side for tomorrow's trading.

It will still go down, there is no remedy news for now, but crude oil war still ongoing. Until OPEC (Saudi Arabia) and Russia agreed to come back to round table and discuss of oil cut, the worse days are still ahead.

As for now, show of power and strength is still ongoing, Saudis are pumping more to flood the oil market, and other oil countries are doing likewise, but wishes that meeting should convey to address the issue.

onegentleguy:


A real game of chess !!
Imagine that a drug as popular and ubiquitous as chloroquine could've been utilized before now to save a lot of human lives !!
No wonder there's always the belief of a conspiracy theory when certain things happen around the globe.(highlighted in a past article)
...the world is indeed a cruel place !!
These are end times.

From the drug trials and research papers I saw, it doesn't "cure" or "prevent" the virus. It has only been confirmed to hasten the recovery phase by like a third, where the patient stops being contagious. There's still no cure yet.

https://www.connexionfrance.com/French-news/French-researcher-in-Marseille-posts-successful-Covid-19-coronavirus-drug-trial-results

https://www.jstage.jst.go.jp/article/bst/advpub/0/advpub_2020.01047/_pdf/-char/en

https://www.nature.com/articles/s41422-020-0282-0

Now here is an interesting conspiracy theory if you want:
Impact of coronavirus on stock exchanges worldwide, within 1 month:

�� -26%
�� -26%
�� -25%
�� -27%
�� -20%
�� -19%
�� -16%
�� -24%
�� -14%
�� -17%
�� -12%
�� - 17%

Now, look at this:

�� (China) + 0,3%

China, creator of the pandemic, has miraculously "recovered", has almost no more cases of coronavirus. The world is now beginning to feel the effects and panic about the disease. Who recovered first ?? China itself! It seems to be that this virus was a move by the Chinese government in response to the loss of the trade war with the United States. The goal: to throw the world into recession !!!
Is the scenario not clear? They are already growing! China bought almost everything it devalued on the stock exchanges around the world ... with that the Chinese became owners of the global companies that are in China and without the money leaving China.

*Was WW III happened and we did not even realise it*




The Chinese president at Wuhan Hospital without muzzle ..
China officially announces victory over the Corona virus

Did the Chinese deceive the world with the Corona Virus? And they saved their economy ?!

This is what the Americans and Europeans think, after they sold their shares in high-value-added technology companies for a minimal price to the Chinese government.

According to them, the Chinese leadership used an "economic tactic" that made everyone swallow the bait easily, before they asserted that China did not resort to implementing a high political strategy to get rid of European investors, in support of China's economy, which would bypass the US economy with this step ..!

And because it teaches the science of certainty that Europeans and Americans are looking for excuses to slow and bankrupt the Chinese economy, China has sacrificed some hundreds of its citizens, instead of sacrificing an entire people ..!

Through this tactic, China succeeded in "deceiving all", as it reaped about $ 20 billion in two days, and the Chinese president succeeded in deceiving the European Union and the United States of America in the eyes of the world, and played an economic game of a tactical nature, which was unthinkable. !

Before the Corona virus, most of the stocks and stakes in investment projects at "Technology and Chemicals" production plants were owned by European and American investors ..!

This means that more than half of the profits from the light and heavy technological and chemical industries went to the hands of foreign investors, not to the Chinese treasury, which led to a decline in the Chinese currency, the yuan, .. and the Chinese central bank could not To do something against the continuous fall of the yuan ..!

There was even widespread news that China was unable to purchase masks to prevent the spread of the deadly virus. These rumors and the Chinese President’s statements that he is “not ready to save the country from the virus” have led to a sharp drop in the purchase prices of shares of technology companies in China, and the empires of “foreign” investors have raced to offer investment shares for sale at very low prices, and with attractive offers, "Never seen before" in history ..!

The Chinese government waited for foreign share prices to reach their "almost free" minimums, and then issued an order to purchase them. And bought the shares of Americans and Europeans ..!

And when European and American investment financiers realized that they had been deceived, it was too late, as the shares were in the hands of the Chinese government, which in this process nationalized most of the foreign companies erected on its soil in a near-free manner, without causing a political crisis or a single shot .. !

The same sources confirmed and pointed out that "Corona" is a "real" virus, but it is not a terrible danger that has been promoted across the world ..!

China began to take out the anti-virus vaccine, this vaccine that it had owned from the beginning on the shelves of refrigerators after it had received its goal ..!
����
WE MIGHT JUST BE FIGHTING WW III UNKNOWINGLY NOW

Chibuking81:


It will still go down, there is no remedy news for now, but crude oil war still ongoing. Until OPEC (Saudi Arabia) and Russia agreed to come back to round table and discuss of oil cut, the worse days are still ahead.

As for now, show of power and strength is still ongoing, Saudis are pumping more to flood the oil market, and other oil countries are doing likewise, but wishes that meeting should convey to address the issue.

. How much is nigeria even capable of pumping? For a decade now they are yet to cross 2million barrels per day. Too poor

onegentleguy:


FDA commissioner, Steven Hahn minutes after President Trumps remark on the use of CHLOROQUINE as a panacea to COVID-19...

“Again, we want to do that in a setting of a clinical trial,”

...but Doctors in the U.S. are allowed to prescribe drugs for uses that haven’t been approved by the FDA, in what’s called off-label use.

On REMDESIVIR, an experimental drug from GILEAD SCIENCES, INC. President Trump said...

REMDESIVIR is “essentially approved.” Trump didn’t elaborate on what that meant. Hahn said afterward that the FDA has a responsibility to make sure drugs are safe, and work, even as it loosens regulation.

Hahn said that issues like dosing would matter, given that the disease are different.

...a brief;

GILEAD SCIENCES, INC(a coy quoted on NASDAQ) immediately pushed up in price.
...the stock is already up 2.81% currently trading @ $85.65 (a friend bought back then @ less $52)
It may likely run up fast post global approval, so watch that space !!

Another is OWENS & MINOR, INC( a global healthcare solutions company, that's also quoted on NASDAQ).
...the coy was amongst 2 of those contracted to supply med equipment(including facial mask) to hospitals and care centres in the US, accross Europe and Asia.
Saw this back then @ <$4/share. ...its currently trading for $6.80, up near 13% today.
...has the potential to rally a bit more.
Also watch this !!

I also like ABBVIE, INC... yet another quoted coy on the NASDAQ.

Selah

u mean u finally joined NYSE?

Toluway:
I wonder why it took so long to know that ordinary malaria fever drug, chloroquine, could cure ConaroVirus!

it is plausible cause they don't have the same origin and behavior

Chibuking81:
Part 2 of bonanza is seriously loading, by them those who bought at current bonanza part 1 offer, will be beating their chest. The oil cut that currently ongoing will be expiring by this March, and by April Saudi Arabia are worming up to double their production, if care is not talking crude oil price will get to $15 by April. Many country are already in recession, and the effect will be serious, cash is king at this moment.

bros bros u are back to ur good old trade. Na ur season,carry go.

There is no 'magic drug' for Coronavirus. Stop spreading false information. No vaccine will be ready for widespread human use for 12 months including Gilead. Even HIV does not have a drug to cure it after over 20 years in existence.

onegentleguy:



My dear, that drug(Chloroquine) was always in the picture as an option for an effective panacea/cure.
The Chinese were already employing its usage before now(see post above)

According to one Alex Tabarrok(a med practitioner);
"...Chloroquine can be used to treat COVID-19. The fact that it is 'unapproved' for that purpose is irrelevant. It is available and legal for physicians to use off-lebel"

I strongly believe that this will be approved by the necessary bodies and used to combat these evil.
...but for anything, for the sake of the fact that we are talking about human lives. People are dying !!

It is well.

RabbiDoracle:


All sectors will receive the bashing that is coming.

That decapitation that Agba and Mendes were singing last year, this is the period it will happen.

That was why I told them that there must be a wicked bull before that.

8th Jan 2020

Chibuking81:

The bull present in the stock market is on course, it will be a positive game changer to many as I foretold last year . It may likely extend up to March ending, or above. The only thing that is posing a threat to it currently, is the ongoing shaking of table between the American and Iran. The American and Iran shaking of table will favour oil stock in the long run. While in the short run, the locally manufacturing companies will benefit as a result of border closure.

8th January 2020

Chibuking81:
Good morning all, just to remind us that the bull is just starting its season one, and many other season to follow. There are many stocks at their current price that will still return above 50% within a shot period this year, that is very very soon. If you still have cash at hand please do well to join in this current season one.

Remember that bull will usually stop by for water drinking break before moving on, but in this current one the break will not be much.

9th January 2020

Chibuking81:
If crude oil remain above 57 dollar budget benchmark no problem, but when it goes below, please be fearful when others are fearful. But today bleeding is bear that will soon welcome bull. And in this condition, be greedy when others are fearful.

Meaning this principle govern the market now "be fearful when others are greedy and to be greedy only when others are fearful". Bull will still dominate the market till April but bear will always show face to create wealth building opportunities for JiJo group.

28th January 2020

Whenever you start posting bear news, it is a STRONG BUY!

Chibuking81:
Part 2 of bonanza is seriously loading, by them those who bought at current bonanza part 1 offer, will be beating their chest. The oil cut that currently ongoing will be expiring by this March, and by April Saudi Arabia are worming up to double their production, if care is not talking crude oil price will get to $15 by April. Many country are already in recession, and the effect will be serious, cash is king at this moment.

All those warming up is just a threat. They are feeling the heat from the loss of revenue.

There are counter news to support Brent heading up. Soon Brent will hit 80+ (from chart ni o) and we will all be alright.

Imagine if all companies start up at the same time, the demand on all available commodities will be excessive. There will be a sharp jump in demand.

locodemy:


This man must have sold the Almighty zenith bank only to realize lately that cash is King.

This time around,no more cash is King but health is king + cash.......

The rule is to always buy low and hold. Don't chase prices as people bid them higher.

Hold some cash if prices fall lower to take on the opportunities.

locodemy:


The same way John the Baptist was telling the Jews to repent and they took his words for granted.

People have already lost 50-60% and you are telling them to sell at this big loss.

Na who go come listen now?

This life sef. In January, Chibuking was issuing BUY unknown that it was a STRONG SELL.

Now he is issuing strong SELL.

Buy small small. Don't chase price.

onegentleguy:


U just might end up been disappointed in the month of April !!
...the "script" appears to be playing out just fine.

Regards

Script wey dem don act finish.

The flooding of the world with liquidity is just to address the economic concerns that will start to crop up in April and May.

Money go enter people hands to buy and spend their way out of recession.

Once NSE stocks just dey do 10... 10% and bids just dey mount without offers clearing them, just know that hoarding(of shares) has started.

RabbiDoracle:
Godisfaithful,

Dow breaking below 20K. Your $60m bet don set.

Brent breaking below 27. Seen at 24+

Traders seem to be pricing in global recession.

I am expecting a reversal in this Month of March. This will not be V shaped anymore o.

Buyers of stock in NSE should not chase prices. Always bid at the offers.

Been very busy.

By the end of this week, we would have seen the bottom for a few market instruments in the global financial market.

Let me wait until market closes for this week so I can ascertain which ones fall into this category.

Great fortune await us!

RabbiDoracle:




This life sef. In January, Chibuking was issuing BUY unknown that it was a STRONG SELL.

Now he is issuing strong SELL.

Buy small small. Don't chase price.

Then you are issuing strong sell, but now you have entered and have started issuing strong buy.

From your point of observation then, when you started issuing strong sell, it was not from the angle of corona virus, nobody knows about it coming. Now corona virus has causes many damages including human and economic damage, many countries are currently at recession door post, and you think that effect will be erase at ease.

The reality on the ground, most especially the number of countries currently suffering from this virus, with its news on Nigeria soil, you think that economic will jump back to 50% positive territory.

But I think the answer is no, I still have some stocks I have not sold, and not preparing to sell, but that does not mean that stock will not fall. There is high tendency of further fall in stock soon.

meshpips:


By the end of this week, we would have seen the bottom for a few market instruments in the global financial market.

Let me wait until market closes for this week so I can ascertain which ones fall into this category.

Great fortune await us!

I strongly agree with you. The last week of March seems likely to have a strong recovery.

Now media seems to be tilted in that favour. All reporting bullish news.

I am currently sitting on 40% gain on foreign EM stock I hold. This is just 1 week o.

USD will weaken going forwards and most investors will want to jump into equities.

RabbiDoracle:


The rule is to always buy low and hold. Don't chase prices as people bid them higher.

Hold some cash if prices fall lower to take on the opportunities.

thanks for reminding me of this rule.

Chibuking81:

Then you are issuing strong sell, but now you have entered and have started issuing strong buy.

From your point of observation then, when you started issuing strong sell, it was not from the angle of corona virus, nobody knows about it coming. Now corona virus has causes many damages including human and economic damage, many countries are currently at recession door post, and you think that effect will be erase at ease.

The reality on the ground, most especially the number of countries currently suffering from this virus, with its news on Nigeria soil, you think that economic will jump back to 50% positive territory.

But I think the answer is no, I still have some stocks I have not sold, and not preparing to sell, but that does not mean that stock will not fall. There is high tendency of further fall in stock soon.

It was merely a negative divergence on price worldwide o and NSE inclusive. We were just unfortunate that our market was low then and got lower as a result of coronavirus.

Mind you, not that I have entered and started issuing strong buy. Even if I didn't say anything, markets will reverse in due time. But you need to buy quality stocks during time of panic unlike buying during time of euphoria.

Are you just knowing that many countries have recession at their door post?

RabbiDoracle:


If the Corona virus continues to spread, more countries will ban flights from China or persons who have travelled to China.This will definitely affect trade and oil prices.
If the crisis goes into summer period (increased travel and shopping seasons) , this will be disastrous for the world economies.Then lots of countries with enter into recession.

Warning as at 2nd February 2020.

RabbiDoracle:


In Paris, shop owners are complaining that Chinese tourist not coming last week during their new year holiday is affecting sales.

This automatically means that flights frequency will be reduced.

Manufacturers who produce goods to meet that demand are holding unsold goods.

Then extrapolate it such that this continues and you understand the magnitude to air travel, trade, tourism, manufacturing.

My dear, to your tent o Israel!.

Warnings as at 2nd February 2020

RabbiDoracle:


Oil is 55+ after closing 53.80 yesterday.

OPEC+ news. Russia is the challenge they will have. Coupled with monitoring cheats amongst members.

But you look at it, they have been cutting since 2016. And it is affecting their revenue and any budget projections they have made. We will see if there can be agreement amongst them.

Where there is, it is good! Oil soars. Where there is not, hmmmmm...

However that will not stop the slide on NSE. View your charts well and see where we are going to.

Warning as at 5th February 2020

SAHL Coughs Out N756m to Raise Stake in Stanbic IBTC
https://businesspost.ng/banking/sahl-coughs-out-n756m-to-raise-stake-in-stanbic-ibtc/

Offshore Investors 'Run Away' from CBN OMO Auction
https://businesspost.ng/economy/offshore-investors-run-away-from-cbn-omo-auction/

Oil Rallies First Time in 10 Days After Trump's Comments
https://businesspost.ng/economy/oil-rallies-first-time-in-10-days-after-trumps-comments/

Friesland Lifts Unlisted Securities Market by 0.97%
https://businesspost.ng/economy/friesland-lifts-unlisted-securities-market-by-0-97/

Stock Market Investors Lose N371bn Thursday
https://businesspost.ng/economy/stock-market-investors-lose-n371bn-thursday/

ARM Holding Sells ARM Life Insurance to Tangerine Life
https://businesspost.ng/economy/arm-holding-sells-arm-life-insurance-to-tangerine-life/

Naira Trades at N375/$ at Black Market
https://businesspost.ng/economy/naira-trades-at-n375-at-black-market/

RabbiDoracle:


Most companies are still closed in China. Some will resume production next week tentatively. They are not sure sef. So is China having reduced usage of energy? YES.

So this has not changed.

And that is why there is going to be an emergency meeting of OPEC+.

In the meeting, the problem is Russia. All the members have been cutting production since 2016 but non-members don't. While they cut and hope price rise, non members supply. At a point those cutting will stop cutting and decide to sell in the open market and what happened between 2015 - 2016 will repeat. Most of them are complaining of cheats amongst their members who don't cut as agreed.

With declining revenue, let's hope Russia agrees to cut.

Warning as at 4th Feb 2020.

RabbiDoracle:


That is not just the issue.

R........ April 2020. A Possibility!

Code which was interpreted by Loco and Mcy.

Recession in April 2020.

Hence the world economies flooding everywhere with liquidity because they too have seen it.

If you re in the market, stay tight and don't average down yet. The coast is not yet clear.

RabbiDoracle:



Code which was interpreted by Loco and Mcy.

Recession in April 2020.

Hence the world economies flooding everywhere with liquidity because they too have seen it.

So why advising people to start to buy now when you are seeing recession in April?

RabbiDoracle:


Sharp guy.

Not looking good in my view. Contagion effect that could follow could be something else. Four (4) major markets already showing cracks. Watch that space.

Warning on 18th February 2020.

Even at this day, Dow had not started falling. Dow started its fall on 19th February 2020.

All of a sudden, they realised that Italy, France, Japan and possibly Germany could go on recession.

I am not an economist o or a finance guy. I be ordinary engineer.

thebargainhunte:


So why advising people to start to buy now when you are seeing recession in April?

Because they have flood the world with liquidity that will be pumped worldwide in order to avert that recession.

As at January and February, the massive stimulus was not there. This will spur spending to prevent a slowdown. And some of their people will move these monies out to bid other assets prices.

Once there is announcement of QE, my brother start buying o. They have announced. Not just the US but lots of countries. Soon the same FPIs selling will start saying holding USD is terrible and they will rush into all equities worldwide. They will take loan at 0.25% from their banks and bid shege out of assets.

Predicting their moves is what one should focus on.

onegentleguy:


This drug hydroxychloroquine can help us beat #COVID19: "day6 post-inclusion, 100% of patients treated with hydroxychloroquine and azithromycin combination were virologicaly cured comparing with ... 12.5% in the control group "

"Well they SHOULD be fast-tracking the widespread test and use of hydroxychloroquine. It's already an anti-malarial, safe and effective, and been shown effective vs #COVID19 in-vitro and clinical use in France, South Korea and China.
It apparently works!
~Patrick McGuinness

Looks like laxity on the part of some individuals have cost human lives.
May God continue to guide and protect us !!

https://en.wikipedia.org/wiki/Chloroquine
You are aware of the side effects of chloroquine which includes deafness right, why do you think it was banned in Nigeria....