1kinggy:


Don't say you weren't warned.

Something must kill a man!

stcool:
NYSE...seriously down

Everywhere don red

Na big gbese dey happen there.

stcool:
NYSE...seriously down

Everywhere don red

Because the US market did not adopt the wait and see approach. It needs to range first. But it did not. So it must sell down to a support level.

Now the level should be between 24,000 to 25,100.

Na that NASDAQ suppose fall well towards 9,100

thebargainhunte:


Na big gbese dey happen there.

Those who entered this week will witness their first loss.

They will know what it means to lose money.

RabbiDoracle:


Because the US market did not adopt the wait and see approach. It needs to range first. But it did not. So it must sell down to a support level.

Now the level should be between 24,000 to 25,100.

Na that NASDAQ suppose fall well towards 9,100

Up, down, sideways - money will be made. The PUTS are in play

thesilentone:


Up, down, sideways - money will be made. The PUTS are in play

Yes. The smart traders that shorted.

NSE seems to be adopting the wait and see approach even with our positive GDP growth rate. But US dey run speed.

RabbiDoracle:


Those who entered this week will witness their first loss.

They will know what it means to lose money.

...what about some of us that re-entered

RabbiDoracle:


Those who entered this week will witness their first loss.

They will know what it means to lose money.

Are you sure it wouldn't trigger chain reaction?

RabbiDoracle:


Yes. The smart traders that shorted.

NSE seems to be adopting the wait and see approach even with our positive GDP growth rate. But US dey run speed.

Dem don go hit trailer, casala come burst.

Oracle of Omaha go dey smile.

handsomebolanle:

...what about some of us that re-entered

In US stocks?

thebargainhunte:



Are you sure it wouldn't trigger chain reaction?

Tomorrow is public holiday on NSE. So no trading

By Monday, the fall is over and there will be gentle trade on US stocks

Those who lost money will learn by force.

As per triggering a contagion effect, I don't see that playing out in our market except for weak hands selling.

Note how the media is used to shape the investing landscape. Today's news is that second wave and Fed gloomy picture of US economy.

Next week, they will continue with the narrative of gradual opening, Fed Zero interest rates for years, more QE. Then the herds will come back to buy.

So long as there is no bank failure in the US, everything is noise that will die down next week.

thebargainhunte:


Dem don go hit trailer, casala come burst.

Oracle of Omaha go dey smile.

It can't be like March 2020.

Na big guys dey do this one. So nothing like funding freeze or liquidity issues.

But those who went to buy bankrupt companies go dey feel the heat now.

thebargainhunte:


Dem don go hit trailer, casala come burst.

Oracle of Omaha go dey smile.

There are reasons why he is the most consistent member of Forbe league table. He has been a millionaire latef a billionaire for over decades and still maintaining

thebargainhunte:



Are you sure it wouldn't trigger chain reaction?

Though Japan and EU will be hit as well because their market also ran fast.

RabbiDoracle:


Those who entered this week will witness their first loss.

They will know what it means to lose money.

Loooooool

Torn Shirts

COVID- 19 infections spike, second wave loading.

Jejebabaa:

What? Dr, you wan send me back to village. My living cost is high ooo.

Haha

OBAGADAFFI:
COVID- 19 infections spike, second wave loading.

Double wahala

RabbiDoracle:


Fed has reached point of no return. So they will be doing all it can to control the market.

With Fed pledging zero rates and no rate hike for a long time, gamblers go enter market. All the printed funds cannot remain in developed markets. It must find its way out to bid assets globally. It happened after 2009 intervention by Ben Bernanke.

But in the long run, after all assets have been bidded globally, dem go tire. And the bubble go burst.

Well said

OBAGADAFFI:
COVID- 19 infections spike, second wave loading.

I doubt if there will be second wave. Don't mind them. I think they want to use it to keep protesters at home and also to control the rise of stocks in the US.

Was there no news of second wave on Tuesday and Wednesday, yet their market rose.

On Thursday, second wave suddenly came out

Then if it gains on Friday, what will they say.

I think I heard WHO saying that asymptomatic transmissions are rare.

Hope you can see the conflicting narratives?

ukay2:



Loooooool

Torn Shirts

Expecially those trading on leveraged accounts. Accounts will be closed.

RabbiDoracle:


I doubt if there will be second wave. Don't mind them. I think they want to use it to keep protesters at home and also to control the rise of stocks in the US.

Was there no news of second wave on Tuesday and Wednesday, yet their market rose.

On Thursday, second wave suddenly came out

Then if it gains on Friday, what will they say.

I think I heard WHO saying that asymptomatic transmissions are rare.

Hope you can see the conflicting narratives?

Let's hope for the best

RabbiDoracle:


I doubt if there will be second wave. Don't mind them. I think they want to use it to keep protesters at home and also to control the rise of stocks in the US.

Was there no news of second wave on Tuesday and Wednesday, yet their market rose.

On Thursday, second wave suddenly came out

Then if it gains on Friday, what will they say.

I think I heard WHO saying that asymptomatic transmissions are rare.

Hope you can see the conflicting narratives?

Sure !! ...we understand that the 1st script has ended.(the WHO was a necessary part of it)
The next script will likely be to support and justify funds inflow to select EMs.

Regards

OBAGADAFFI:


Let's hope for the best

Try and see flights, nothing like social distancing.

Everyone packed together, though with mask.

Airliners can't adopt the social distancing measure.

onegentleguy:


Sure !! ...we understand that the 1st script has ended.(the WHO was a necessary part of it)
The next script will likely be to support and justify funds inflow to select EMs.

Regards

What I am thinking is that funds will flow into economies which were able to withstand the Covid 19 onslaught.

See the Q1 2020 GDP growth rates:

South Korea: - 1.3%
US: - 5%
Japan: - 0.6%
France: - 5.3%
Germany : - 2.2%
UK: - 2%
Italy: - 5.3%
Spain: - 5.2%
Belgium: - 3.6%
Greece: - 1.6%
EU area: - 3.5%
Singapore: - 4.7%
Canada: - 2.1%
China: - 6.8%
South Africa : - 1.4%
Brazil: - 1.5%
Australia : - 0.3%
Mexico: - 1.4%
Turkey : +0.6%
India: +3.1%
Russia : +1.6%
Nigeria: + 1.87%

So from this list, hope you can see where investment monies will flow into?

please house as per the capitalisation of the insurance sector which insurance stock is cheaper to buy and yet wont go under capitalised

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Chibuking81:
https://gtigroupblog.com/gti-top-5-weekly-stock-picks-08-01-2018/

Nice...next week bull or bear, I need to accumulate more UACN the way i did DF

So much to gain

stcool:


Nice...next week bull or bear, I need to accumulate more UACN the way i did DF

So much to gain

But there are a lot with upside potential of 30% and above, UBA 87%. They really captured the good squads in banking sector, they look like Barcelona/ Real Madrid/ Liver pool first eleven.
UACN is with 27%.

Anyway is your choice. But the best time to accumulate will likely turn out to be by the month of July. As q2 expectations of bad result approaches stock will likely go lower. And thereby presenting the entrance opportunities.