WORDS TO TRADE BY

“Outperforming the market is a difficult task.”

-John Templeton

While outperforming the average returns of the market isn't impossible, it is tough. Only a few very serious traders have ever pulled it off on a consistent basis.
That's why it's important to focus your efforts on matching the average return of whatever market you are trading in.
The market has a mind of its own and can be unpredictable. So if you can reach its average return, you're doing fine.
Don't get greedy. Use your trading strategy to minimize your risk and maximize your returns on a regular basis.
Remember, consistent profit is better than sporadic profit if you're thinking long-term!

Cautious Equity Investors, Anticipate MPC’s Outcome, Amid Portfolio Realignments


Market Update for March 22

In recent days, the bulls and bears have battling for dominance on the Nigerian Stock Exchange, propeling the ongoing oscillation amidst the earnings reporting season’s peak and rising yields in the fixed income market.

The last full trading week of the March and first quarter started Monday on a positive note as investors expect more earnings reports, which coincides with the anxious wait for the outcome of the all-important Central Bank of Nigeria’s two-day Monetary Policy Committee meeting, which ends on Tuesday. This is besides the month and quarter-end window dressing of trading portfolios by fund managers, driven by a rekindled buying interest across the major the sectors. This was noticed, especially, in industrial goods stocks like BUA Cement, which climbed 6.02% up, pushing the NSE’s benchmark All-Share index higher on a low traded volume and wide positive breadth that signals a reversal of trend and support for strength.

The NSE’s index action has tried to resist further decline in several attempts, after sideways trending, and solidifying, helped by the probability of a market recovery, looking at the 50% Fibonacci retracement line and index action in the last five trading sessions.

Despite the cautious trading, the index rose on the back of safe bets by investors given the options open to the MPC members based on the mixed macroeconomic indices emanating from National Bureau of Statistics, among others.

Investdata believes the time has come for the government and policy makers to rethink the decision to further hike the price of petrol, at a time the populace is still struggling with the recent increase in power tariff, at a time the world is grappling with the impact of the Coronavirus pandemic and is gradually recovering.

The outcome of the MPC meeting, we expect, will play a very important role in determining the market’s trend, following which traders and investors should stay with fundamentally sound stocks. This is without prejudice to the fact that investors will respond sharply to unimpressive results from companies yet to present their scorecards, especially when dividend declared comes below expectation.

Meanwhile, Monday’s trading opened on the upside and was sustained through the session, despite oscillating on buying interests in high and medium capstocks, as well as profit taking in low priced equities. These pushed the composite index to an intraday high of 38,722.87 basis points from its low of 38,379.19bps, before closing above its opening point at 38,722.87bps.

Market technicals were positive and strong, with volume traded lower than previous day’s in the midst of breadth that favoured the bulls on positive sentiments as revealed by Investdata’s Sentiments Report showing 100% ‘buy’ volume. Total transaction volume index stood at 0.69 points, just as momentum behind the day’s performance remained weak, with Money Flow Index looking up sharply at 40.93pts, from the previous day’s 36.26pts, indicating that funds entered the market on renewed buying interest.

Index and Market Caps

At the close of Monday’s trading, the NSEASI gained 340.48bps, closing at 38,722.87bps after opening at 38,382.39bps, representing a 0.89% growth. Similarly, market capitalization rose by N177.99bn, closing at N20.26tr, from previous day’s N20.02tr, which also represented 0.89% value gain.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an economic reform policy to stimulate and re-track the economy again.

Monday’s upturn was impacted by the demand for stocks like BUA Cement, Stanbic IBTC, Julius Berger, UACN, Zenith Bank, United Capital, UBA, Access Bank, and Vitafoam, among others. This impacted positively on Year-To-Date loss, reducing it to 3.84%, just as market capitalization loss dropped to N796.77bn, or 3.78% below its opening value for the year.

Mixed Sector Indices

All sectorial indexes were up, except for Banking that closed marginally lower 0.01%, while the NSE Industrial goods index led the advancers after gaining 2.12%, followed by Insurance, Consumer goods and Energy with 0.44%, 0.29% and 0.14% respectively higher.

Market breadth turned positive, as advancers outpaced decliners in the ratio of 26:8; just as activities in volume and value terms were down after players exchanged 277.35m shares worth N3.05bn.

Julius Berger and Stanbic IBTC were the best performing stocks, gaining 10% each, after closing at N18.70 and N44.00 per share respectively on dividend and audited earnings expectation. On the flip side, Champion Breweries and Jaiz Bank lost 8.20% and 4.48% respectively, closing at N2.24 and N0.64per share, on market forces and profit taking.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising fixed income market yields, high dividend yields and outcome of MPC meeting during this earnings season and month/ quarter activities. Also, the pullbacks have offered bargain hunters and income investors another opportunity to reposition in high dividend yield and undervalued stocks , while more companies release their full-year numbers to support recovery. This is based on the fact that the rising fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bond and TB.

Master Class On Comprehensive Cash flow For Personal Wealth Creation

Sub-Topics

1.Catch The Right Market Top With Tested Strategies To Preserve Wealth In A Quiet Market – By Engr. Ekwueme Michael Anyadibe, M.D, X-Front Trader Ltd

2. How To Invest & Trade For Short, Medium, And Long Term In A Mix Market, Alhaji KurfiGarba MD/CEO Apt Securities & Funds Ltd

3. Comprehensive Trading, Using The 4 Phases Of The Stock Market To Create Consistent Cashflow In Bear and Bull Cycle, Combining Fundamental And Technical Tools. Mr Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd

To effectively take advantage of changing trading patterns and the oscillating stock market, active traders and investors must stay ahead of the new market structure and conversant with strategies used by institutional investors or smart money.

With traders like you in mind, we have designed this Quarterly Comprehensive Master Class For Personal cashflow and Wealth Creation at this special workshop that will feature time-tested traders and CEOs of some of the largest stockbroking firms by various parameters on the NSE. They will share knowledge accumulated over several decades of time and money.

In this EIGHT-HOUR master class, you will learn strategies and techniques on how to create cash flow and capture winning trades in any market cycle.

Specifically, the session is aimed at sharing knowledge on:

1. How to eliminate the guesswork from your trade, using investdataFundaTech Toolbox to determine trade opportunity.

2. What strategies work best for the current market situation

3. Refining your ‘buy’ and ‘sell’ strategies with precision

4. Identifying key sectors capable of supporting the market and creating cash flow.

5. How to time the market in any cycle

6. Actionable trade ideas and stock chart analysis

7. 10 trading ideas and hot stocks to buy in Q2 and beyond

8. Special Telegram group for immediate action taking, updates and direction

Date: April 3, 2021

Time: 9am prompt

Venue: ZOOM.

Fee: N 50,000

However, with less than 25 days to Q2 2021, you need to start planning your cash-flow through trading in second quarter and beyond.

During this practical session our team of experts will reveal practical trade ideas and opportunities in Q2 2021 to consolidate your gains and maximize returns. That is what you can apply or implement immediately and start tracking the result by yourself and Investdata research team on your behalf. Want to be among the smart investors and traders in Q2 send Yes to: the phone numbers below now.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.

Meanwhile, the home study packs on INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, Strategies and How to invest profitably in this Changing Market Dynamics/ Recession, Mastering Earnings Season For Profitable Investing and Trading in any market situation/ cycles, Life Beyond COVID 19 Investment Opportunities In The Stock Market are now available. To obtain your pack send ‘Yes’ or ‘Stock’ to 08028164085, 08179547605, 08111811223 now.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/cautious-equity-investors-anticipate-mpcs-outcome-amid-portfolio-realignments/

Sentiment Report for March 24, 2021

NSEASI buy 94% sell 6% volume index 0.89 MFI 54.65
Access buy 50% sell 50% MFI 45.39
Aiico buy � volume index 0.95 MFI 55.64
Dangcem buy 50% sell 50% volume index 2.42 MFI 69.09
Fbnh buy � MFI 36.15
Fidelity buy 50% sell 50% volume index 0.81 MFI 62.92
GT buy 0% volume index 2.66 MFI 44.35
Jaiz buy 0% MFI 17.65
Jagold buy 43% sell 57% MFI 23.69
Lvstk buy 83% sell 17% volume index 1.83 MFI 33.66
Mansard buy 0% MFI 10.42
Mtnn buy � volume index 3.30 MFI 35.71
Nahco buy � volume index 1.95 MFI 81.27
Nem buy � volume index 3.33 MFI 44.22
Oando buy � volume index 0.84 MFI 63.62
Regalins buy � volume index 2.96 MFI 67.54
Sovrenins buy � MFI 84.78
Stanbic buy � volume index 1.85 MFI 100.00
Sterling buy � volume index 2.07 MFI 73.00
Transcorp buy � MFI 24.00
Uacn buy � volume index 1.26 MFI 37.72
Uba buy � MFI 10.33
Ucap buy 83% sell 17% MFI 30.40
Veritas buy � volume index 16.05 MFI 96.68
Wapco buy 28% sell 72% volume index 1.34 MFI 52.26
Wapic buy 0% volume index 1.01 MFI 64.07
Wema buy 0% MFI 58.41
Zenith buy 50% sell 50% MFI 33.43

Investdata Daily Sentiment Report

Sentiment Report for March 25, 2021

NSEASI buy � MFI 62.93
Access buy � MFI 50.93
Aiico buy 67% sell 33% MFI 53.04
Dangsugar buy 0% MFI 3.17
Eti buy �volume index 0.82 MFI 30.23
Fbnh buy � MFI 30.09
Fcmb buy � volume index 0.92 MFI 28.21
Fidelity buy 33% sell 67% MFI 62.04
Glaxo buy � volume index 1.43 MFI 64.91
GT buy 60% sell 40% volume index 0.71 MFI 48.80
Honyflour buy 0% volume index 1.35 MFI 43.57
Jaiz buy 0% MFI 21.07
Jagold buy 50% sell 50% MFI 27.28
Linkass buy 0% volume index 2.80 MFI 92.16
Mansard buy 0% MFI 45.07
Mben buy 0% MFI 71.75
Mtnn buy � volume index 4.84 MFI 52.75
Npf buy 0% volume index 2.26 MFI 38.04
Oando buy 60% sell 40% volume index 3.33 MFI 81.51
Stanbic buy 72% sell 28% volume index 4.11 MFI 100.00
Sterling buy � volume index 2.79 MFI 79.17
Transcorp buy 0% MFI 28.59
Uba buy � MFI 11.07
Ucap buy � MFI 43.85
Veritas buy � MFI 96.61
Vitafoam buy � volume index 0.99 MFI 90.43
Wapco buy � MFI 43.74
Wapic buy � volume index 1.49 MFI 72.27
Wema buy 0% MFI 40.49

Investdata Daily Sentiment Report

The Impact of MPC Decision on Equity Market 2

Hello Investors and Traders,

I just posted The Impact of the MPC Decision on Equity.

Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update.


https://www.youtube.com/watch?v=mjjoSsWlKB0

Ambrose Omordion

Blue-chips Propel NGSE Index Further, Amidst Month, Quarter-end Rebalancing

Market Update for March 25

The Nigerian Stock Exchange (NSE) continued its uptrend on Thursday with the composite All-Share index closing higher, thereby extending the bull transition for the second successive session at the peak of earnings reporting season.

Money flow index revealed the entrance of the funds into equity space as corporate actions and high dividend yields continue to attract demand for blue-chip stocks and high cap equities in hot sectors with strong potential to grow sales in the current financial year as events in the economy unfold.

The NSE index action broke out the 39,000 mark to trade above the shortest moving averages of 7, 14 and 20, confirming a short rebound in the midst of positive dividend news, despite the rising yield in the fixed income market to support the recovery move. This is likely to linger for some time and trigger a major breakout in April, depending however on the Q1 corporate earnings and economic data in Q2.

It is therefore important that investors know how to use their entry and exit strategies at this point to improve returns on their investment by attending the oncoming master class for cashflow to create personal wealth in Q2 and beyond.

As strength returns to the market on the back of few earnings released ahead of deadline, we are of the opinion that the ongoing season, helped by the unchanged interest rates, might support the new recovery move by the market. Consequently, investors seeking to preserve their capital and even profit from the ongoing recovery should play fundamentally sound stocks selling at a high margin of safety. This is the time to adopt value and growth investing.

Thursday’s trading started on the upside and it was sustained for the rest of the session on buying interests on high cap and blue chip stocks that pushed the NSE index to an intraday high of 39,293.14 basis points where it closed, from its lows of 39,085.78bps on a low traded volume.

Market technicals for the day were positive and mixed, with volume traded lower than previous day’s in the midst of breadth favoring the bulls on a high buying pressure as revealed by Investdata’s Sentiments Report showing 100% ‘buy’ volume. Total transaction volume index stood at 0.62 points, just as momentum behind the day’s performance became relatively strong, with Money Flow Index looking up sharply at 62.93pts, from the previous day’s 54.65pts, indicating that funds entered the market.

Index and Market Caps

The benchmark index, at the end of the day’s trading gained 207.36bps, closing at 39,293.14bps after opening at 39,086.78bps, representing a 0.53% up. Similarly, market capitalization rose by N108.5bn, closing at N20.56tr, from previous day’s N20.45tr, which also represented 0.53% appreciation in value.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an economic reform policy to stimulate and re-track the economy again.

The session’s upturn was again impacted by position taking in MTNN, StanbicIBTC, as well as UACN, Lafarge Africa, Guaranty Trust Bank, and Access Bank, among others. This impacted positively on Year-To-Date loss, which reduced to 2.43%, just as market capitalization loss dropped to N498.39bn, or 2.37% below its opening value for the year.

Mixed Sector Indices

Performance indexes across the sectors were mixed, as the NSE Consumer Goods and Energy closed 0.24% and 0.05% lower respectively, while the NSE Insurance index led the advancers gaining 0.81%, followed by Banking and Industrial goods with 0.60% and 0.07% respectively higher.

Market breadth turned positive, as advancers outnumbered decliners in the ratio of 23:12; just as activities in volume and value were down after traders exchanged 229.4m shares worth N3.78bn.

Coronation Insurance and Pharmdeko were the best performing stocks, gaining 10% and 9.63% respectively, closing at N0.55 and N1.48 per share respectively on audited earnings expectation. On the flip side, Sovereign Trust Insurance and NPF Microfinance lost 8.33% and 7.22% respectively, closing at N0.22 and N1.80 per share, on profit taking.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising dividend and fixed income market yields, as well as a trigger from the outcome of f MPC meeting during this earnings season and month/quarter activities. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in high dividend yields and undervalued stocks, while more companies release their full-year numbers to support recovery. This is based on the fact that the rising fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bond and TB.

However, with less than 25 days to Q2 2021, you need to start planning your cash-flow through trading in the second quarter and beyond.

During this practical session our team of experts will reveal practical trade ideas and opportunities in Q2 2021 to consolidate your gains and maximize returns. That is what you can apply or implement immediately and start tracking the result by yourself and Investdata research team on your behalf. Want to be among the smart investors and traders in Q2 send Yes to: the phone numbers below now.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.

https://investdata.com.ng/blue-chips-propel-ngse-index-further-amidst-month-quarter-end-rebalancing/

Master Class On Comprehensive Cash flow For Personal Wealth Creation

Sub-Topics
1.Catch The Right Market Top With Tested Strategies To Preserve Wealth In A Quiet Market – By Engr. Ekwueme Michael Anyadibe, M.D, X-Front Trader Ltd.
2. How To Invest & Trade For Short, Medium, And Long Term In A Mix Market, Alhaji KurfiGarba MD/CEO Apt Securities & Funds Ltd.
3. Comprehensive Trading, Using The 4 Phases Of The Stock Market To Create Consistent Cashflow In Bear and Bull Cycle, Combining Fundamental And Technical Tools. Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd.

To effectively take advantage of changing trading patterns and the oscillating stock market, active traders and investors must stay ahead of the new market structure and conversant with institutional investors' strategies or smart money.

With traders like you in mind, we have designed this Quarterly Comprehensive Master Class For Personal cashflow and Wealth Creation at this special workshop that will feature time-tested traders and CEOs of some of the largest stockbroking firms by various parameters on the NSE. They will share knowledge accumulated over several decades of time and money.

In this EIGHT-HOUR master class, you will learn strategies and techniques on how to create cash flow and capture winning trades in any market cycle.

Specifically, the session is aimed at sharing knowledge on:
1. How to eliminate the guesswork from your trade, using investdataFundaTech Toolbox to determine trade opportunity.
2. What strategies work best for the current market situation
3. Refining your ‘buy’ and ‘sell’ strategies with precision
4. Identifying key sectors capable of supporting the market and creating cash flow.
5. How to time the market in any cycle
6. Actionable trade ideas and stock chart analysis
7. 10 trading ideas and hot stocks to buy in Q2 and beyond
8. Special Telegram group for immediate action taking, updates and direction

Date: April 3, 2021
Time: 9 am prompt
Venue: ZOOM.
Fee: N 50,000

*Reminder! Reminder!! Reminder!!!*

Hello Investors and Traders,

*Questions and Answers with Ambrose Omordion*

will hold Saturday 27/03/2021. Time: 12:00noon

*IT IS ABSOLUTELY FREE*

Meeting ID: 872 3374 1467
Passcode: 709652

or

Join Zoom Meeting
https://us02web.zoom.us/j/87233741467?pwd=dzV3NzQ3UmZ3NFg2SXFENTdxWEhnUT09

Ambrose Omordion

The Profit Point by OGTV as of 25th March 2020

Hello Investors and Traders,

I just posted The Profit Point by OGTV as of 25/03/2021.

Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update.


https://www.youtube.com/watch?v=_A2kzqn6KGc

Ambrose Omordion

WORDS TO TRADE BY

"Ability is what you're capable of doing. Motivation determines what you do. Attitude determines how well you do it." -Lou Holtz

You can have ability and motivation, but the wrong attitude can foil even the greatest plans. It doesn’t matter how hard you work toward a goal. If you have a bad attitude, you’ll fail at some point.

Having the correct attitude is the single greatest aspect of being a successful person.
It doesn't matter if you're highly motivated, educated, and skilled. A bad attitude will ruin your ability to accomplish your goals. Keep your attitude in check and stay focused on following through!

Blue-chips Propel NGSE Index Further, Amidst Month, Quarter-end Rebalancing

Market Update for March 25

The Nigerian Stock Exchange (NSE) continued its uptrend on Thursday with the composite All-Share index closing higher, thereby extending the bull transition for the second successive session at the peak of earnings reporting season.

Money flow index revealed the entrance of the funds into equity space as corporate actions and high dividend yields continue to attract demand for blue-chip stocks and high cap equities in hot sectors with strong potential to grow sales in the current financial year as events in the economy unfold.

The NSE index action broke out the 39,000 mark to trade above the shortest moving averages of 7, 14 and 20, confirming a short rebound in the midst of positive dividend news, despite the rising yield in the fixed income market to support the recovery move. This is likely to linger for some time and trigger a major breakout in April, depending however on the Q1 corporate earnings and economic data in Q2.

It is therefore important that investors know how to use their entry and exit strategies at this point to improve returns on their investment by attending the oncoming master class for cashflow to create personal wealth in Q2 and beyond.

As strength returns to the market on the back of few earnings released ahead of the deadline, we are of the opinion that the ongoing season, helped by the unchanged interest rates, might support the new recovery move by the market. Consequently, investors seeking to preserve their capital and even profit from the ongoing recovery should play fundamentally sound stocks selling at a high margin of safety. This is the time to adopt value and growth investing.

Thursday’s trading started on the upside and it was sustained for the rest of the session on buying interests on high cap and blue chip stocks that pushed the NSE index to an intraday high of 39,293.14 basis points where it closed, from its lows of 39,085.78bps on a low traded volume.

Market technicals for the day were positive and mixed, with volume traded lower than previous day’s in the midst of breadth favoring the bulls on a high buying pressure as revealed by Investdata’s Sentiments Report showing 100% ‘buy’ volume. Total transaction volume index stood at 0.62 points, just as momentum behind the day’s performance became relatively strong, with Money Flow Index looking up sharply at 62.93pts, from the previous day’s 54.65pts, indicating that funds entered the market.

Index and Market Caps

The benchmark index, at the end of the day’s trading gained 207.36bps, closing at 39,293.14bps after opening at 39,086.78bps, representing a 0.53% up. Similarly, market capitalization rose by N108.5bn, closing at N20.56tr, from previous day’s N20.45tr, which also represented 0.53% appreciation in value.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an economic reform policy to stimulate and re-track the economy again.

The session’s upturn was again impacted by position taking in MTNN, StanbicIBTC, as well as UACN, Lafarge Africa, Guaranty Trust Bank, and Access Bank, among others. This impacted positively on Year-To-Date loss, which reduced to 2.43%, just as market capitalization loss dropped to N498.39bn, or 2.37% below its opening value for the year.

Mixed Sector Indices

Performance indexes across the sectors were mixed, as the NSE Consumer Goods and Energy closed 0.24% and 0.05% lower respectively, while the NSE Insurance index led the advancers gaining 0.81%, followed by Banking and Industrial goods with 0.60% and 0.07% respectively higher.

Market breadth turned positive, as advancers outnumbered decliners in the ratio of 23:12; just as activities in volume and value were down after traders exchanged 229.4m shares worth N3.78bn.

Coronation Insurance and Pharmdeko were the best performing stocks, gaining 10% and 9.63% respectively, closing at N0.55 and N1.48 per share respectively on audited earnings expectation. On the flip side, Sovereign Trust Insurance and NPF Microfinance lost 8.33% and 7.22% respectively, closing at N0.22 and N1.80 per share, on profit taking.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising dividend and fixed income market yields, as well as a trigger from the outcome of f MPC meeting during this earnings season and month/quarter activities. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in high dividend yields and undervalued stocks, while more companies release their full-year numbers to support recovery. This is based on the fact that the rising fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bond and TB.

Master Class On Comprehensive Cash flow For Personal Wealth Creation

Sub-Topics

1.Catch The Right Market Top With Tested Strategies To Preserve Wealth In A Quiet Market – By Engr. Ekwueme Michael Anyadibe, M.D, X-Front Trader Ltd

2. How To Invest & Trade For Short, Medium, And Long Term In A Mix Market, Alhaji KurfiGarba MD/CEO Apt Securities & Funds Ltd

3. Comprehensive Trading, Using The 4 Phases Of The Stock Market To Create Consistent Cashflow In Bear and Bull Cycle, Combining Fundamental And Technical Tools. Mr Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd

To effectively take advantage of changing trading patterns and the oscillating stock market, active traders and investors must stay ahead of the new market structure and conversant with strategies used by institutional investors or smart money.

With traders like you in mind, we have designed this Quarterly Comprehensive Master Class For Personal cashflow and Wealth Creation at this special workshop that will feature time-tested traders and CEOs of some of the largest stockbroking firms by various parameters on the NSE. They will share knowledge accumulated over several decades of time and money.

In this EIGHT-HOUR master class, you will learn strategies and techniques on how to create cash flow and capture winning trades in any market cycle.

Specifically, the session is aimed at sharing knowledge on:

1. How to eliminate the guesswork from your trade, using investdataFundaTech Toolbox to determine trade opportunity.

2. What strategies work best for the current market situation

3. Refining your ‘buy’ and ‘sell’ strategies with precision

4. Identifying key sectors capable of supporting the market and creating cash flow.

5. How to time the market in any cycle

6. Actionable trade ideas and stock chart analysis

7. 10 trading ideas and hot stocks to buy in Q2 and beyond

8. Special Telegram group for immediate action taking, updates and direction

Date: April 3, 2021

Time: 9am prompt

Venue: ZOOM.

Fee: N 50,000

However, with less than 25 days to Q2 2021, you need to start planning your cash-flow through trading in second quarter and beyond.

During this practical session our team of experts will reveal practical trade ideas and opportunities in Q2 2021 to consolidate your gains and maximize returns. That is what you can apply or implement immediately and start tracking the result by yourself and Investdata research team on your behalf. Want to be among the smart investors and traders in Q2 send Yes to: the phone numbers below now.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.

Meanwhile, the home study packs on INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, Strategies and How to invest profitably in this Changing Market Dynamics/ Recession, Mastering Earnings Season For Profitable Investing and Trading in any market situation/ cycles, Life Beyond COVID 19 Investment Opportunities In The Stock Market are now available. To obtain your pack send ‘Yes’ or ‘Stock’ to 08028164085, 08179547605, 08111811223 now.

https://investdata.com.ng/blue-chips-propel-ngse-index-further-amidst-month-quarter-end-rebalancing/

Questions and Answers with Ambrose Omordion as at 27th March 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as at 27/03/2021

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Ambrose Omordion

Sentiment Report for the weekend March 26, 2021

NSEASI buy � MFI 52.88
Access buy � MFI 56.65
Afrins buy � MFI 92.29
Afrprud buy 0% MFI 33.77
Aiico buy 75% sell 25% MFI 25.62
Cadbury buy � MFI 49.01
Cap buy � volume index 0.86 MFI 81.75
Chams buy 0% MFI 66.52
Chiplc buy � volume index 0.81 MFI 68.70
Corner buy � MFI 63.69
Courtville buy 0% MFI 54.58
Dangcem buy 74% sell 26% MFI 46.03
Dangsugar buy 0% volume index 3.14 MFI 36.10
Eterna buy � MFI 77.94
Eti buy 50% sell 50% MFI 36.18
Fbnh buy 33% sell 67% MFI 65.04
Fcmb buy � MFI 31.32
Fidelity buy 33% sell 67% MFI 52.14
Fidson buy 0% MFI 53.02
Fmn buy 0% MFI 82.45
Ftn buy � MFI 11.42
Glaxo buy � MFI 30.51
GT buy 36% sell 64% volume index 1.26 MFI 58.94
Honyflour buy 0% MFI 60.94
Jaiz buy 25% sell 75% MFI 56.34
Jagold buy 25% sell 75% MFI 45.03
Jberger buy � volume index 0.83 MFI 55.65
Lasaco buy � MFI 77.10
Learn buy 0% MFI 53.14
Linkass buy 50% sell 50% MFI 70.83
Lvstk buy 26% sell 74% MFI 55.04
Mansard buy 0% MFI 35.29
Mben buy 33% sell 67% MFI 70.14
Mtnn buy � volume index 1.44 MFI 77.44
Nahco buy � MFI 57.88
Nascon buy � MFI 35.03
Neimeth buy � MFI 18.56
Nem buy � volume index 1.33 MFI 75.25
Npf buy 53% sell 47% MFI 78.48
Oando buy 68% sell 32% volume index 0.70 MFI 71.53
Prestige buy 0% MFI 64.37
Red buy � MFI 40.04
Regalins buy � MFI 70.21
Sovrenins buy 0% MFI 72.92
Stanbic buy 96% sell 4% volume index 1.86 MFI 44.06
Sterling buy � MFI 53.72
Transcorp buy 20% sell 80% MFI 52.33
Uacp buy � MFI 54.73
Uacn buy 50% sell 50% MFI 86.80
Uba buy 20% sell 80% MFI 42.53
Ucap buy 47% sell 53% MFI 58.03
Unilever buy � MFI 70.60
Unity buy � MFI 98.55
Vitafoam buy � MFI 63.54
Wapco buy 33% sell 67% MFI 63.75
Wapic buy � MFI 69.10
Wema buy 0% MFI 6.88
Zenith buy 8% sell 92% MFI 61.88

Investdata Weekly Sentiment Report

Mindset Wisdom:

"Your investor's edge is not something you get from Custom Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand." - Peter Lynch

Having an edge in trading isn't something that can be taught. It's a skill that has to be developed over time. For some people, it comes naturally.

If you can use your investor's edge to trade companies and commodities that you actually have an interest in, you'll be able to beat the so-called experts who rarely do anything beyond the boring and dull.

Take time to learn about the market you plan to trade. The more you know about it, the more successful you'll become!

Investdata Daily Sentiment Report as of March 29, 2021

NSEASI buy 91% sell 9% volume index 1.39 MFI 64.49
Access buy 0% volume index 1.32 MFI 51.71
Aiico buy � MFI 53.42
Caverton buy � volume index 4.96 MFI 43.00
Corner buy 0% volume index 0.95 MFI 62.44
Fbnh buy 0% MFI 25.22
Fcmb buy 30% sell 70% volume index 0.99 MFI 23.91
Fidelity buy � volume index 0.85 MFI 69.71
GT buy 90% sell 10% volume index 6.87 MFI 67.20
Jaiz buy � volume index 0.78 MFI 20.15
Jagold buy 50% sell 50% MFI 23.44
Lvstk buy 75% sell 25% volume index 0.96 MFI 37.32
Mansard buy � MFI 53.06
Oando buy 0% volume index 0.75 MFI 74.48
Okomu buy � volume index 15.60 MFI 0.00
Sterling buy � MFI 79.42
Transcorp buy 0% volume index 1.02 MFI 23.69
Uacn buy 0% volume index 3.15 MFI 56.44
Uba buy � MFI 12.41
Ubn buy � volume index 5.76 MFI 50.16
Ucap buy 29% sell 71% MFI 58.29
Unilever buy 0% volume index 4.00 MFI 23.85
Wapco buy 55% sell 45% volume index 0.77 MFI 31.52
Wema buy � volume index 1.98 MFI 80.37
Zenith buy 50% sell 50% MFI 52.97

Wherever you are NOW is where you choose to be

Ambrose Here Again,

According to research, very few people are successful at anything at first. I included. 

Only a tiny percentage of the population achieves any significant success or wealth through stock because few are willing to go through the process of doing what it takes to achieve in the stock market, and there is no shortcut.

In fact, everybody has to go through four levels of learning every time, and often, in the process, they fail, regroup, and begin again.

Most investors blame other factors like government policies, currency fluctuation, political instability, election for stopping their financial progress, but in truth, there's only one person who can put on the parking brake and that person is YOU.

Many investors drive around with the break on without knowing it, or once awareness arrives, don't know how to lift their foot off it.

As a result, I have been organizing seminars and summits because I want you to get the best out of 2021 Q2 investment opportunities.

... Register for the INVEST Masterclass Workshop. Call Now 08028164085,08179547605 before registration closes on 2nd April 2021.

Or click on the below link to complete your registration.

https://workshop.investdataonline.com/confirm2/

Happy Trading,
Ambrose Omordion

WORDS TO TRADE BY

"End trades when it is clear that the trend you are profiting from is over.”

-Jesse Livermore

You've thought about every trade you want to make and have created a trading plan to make them happen. Once the market has confirmed your idea about your trade, it's time to dive in.
What's important is that you keep an eye on the current trend. If the market begins to go against your original trade plan, be ready to take action.
Once the information that confirmed your original buy-in no longer supports your trade plan, it's time to close your position. That will minimize losses and help you maintain a profitable account!

Mixed Trend Ahead, On Earnings, Dividend News, Quarter-end Window Dressing

Market Update for March 29

The recovery moves on the Nigerian Stock Exchange continued Monday, as the momentum that comes with the earnings reporting season in terms of liquidity, volume and trading pattern picked up during the peak season with more companies releasing their numbers ahead of the deadline for submission, not forgetting the quarter-end window dressing by market players. These impacted positively on the NSE’s composite All-Share index, which closed higher, reversing the previous session loss position on a high traded volume and positive market breadth.

This retracement will help to reduce the loss position recorded during the recent market correction while investors position for dividend and improved earnings expectations, ahead of Q1 numbers in the new month. Value and growth stocks continued to look up as the trading environment and pattern change to reflect the market and national economic realities, while sentiments and consumption flow the way of liquidity.

Institutional investors, fund managers and others are likely to reposition their portfolios on the strength of the earnings performances released so far, and amid expectations for the 2021 Q1 corporate earnings. With these we expect them to take early positions for the new financial year, knowing that these numbers will influence price performance in the short or long-run, despite the usual up and down movement of the market at any time. At the same time also, profit taking from the new uptrend is inevitable for traders.

It is noteworthy that beside the pale economic recovery from recession, other indices are still mixed. An example is Headline Inflation still at the risk of climbing higher, especially if petrol pump price is again increased as being proposed, with its attendant effects on transportation costs, even while insecurity across the country remains unchecked. Thankfully, however, PMI is gradually looking up as oil price continues to oscillate at the international market, following which we advise investors and traders to play cautiously around the market place. This they can do by allowing their investment objective, entry and exit strategies to guide them, so as to avoid being trapped in any trade.

Meanwhile, Monday’s trading opened on the downside and oscillated in the mid-morning to late afternoon on buying interests in high cap and blue chip stocks that pushed the composite index to an intraday high of 39,493.39 basis points, breaking out the 39,412.25bps resistance level on high volume, from its lows of 39,207.48bps, before closing above it opening point at 39,493.37bps.

Index and Market Caps

At the end of Monday’s trading session, the benchmark NSEASI gained 277.17bps, closing at 39,493.39bps after opening at 39,216.20bps, representing a 0.71% growth. Similarly, market capitalization rose by N145.03bn, closing at N20.66tr, from previous day’s N20.52tr, which also represented 0.71% value gain.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an economic reform policy to stimulate and re-track the economy again.

Monday’s upturn is indication of increasing buying trend in the market, especially in stocks like MTNN, Guaranty Trust Bank, Zenith Bank, Lafarge Africa, Ecobank Transnational Incorporation, Custodian Investment, UBA, and Dangote Sugar, among others. This impacted positively on Year-To-Date loss, which reduced to 1.93%, just as market capitalization loss dropped to N393.62bn, or 1.87% below its opening value for the year.

Mixed Sector Indices

Performance indexes across the sectors were mixed, as the NSE Banking, Insurance and Consumer Goods closed 2.06%, 0.56% and 0.19% higher respectively, while the NSE Oil/Gas led the decliners after losing 0.50%, followed by Industrial goods with 0.0.7% lower.

Market breadth remained positive from the previous session, as advancers outnumbered decliners in the ratio of 28:12; just as transactions in volume and value were up after investors exchanged 522.17m shares worth N10.65bn.

The best performing stocks of the session were Custodian Investment and Courtvile Business Solution gaining 10% each, while closing at N6.66 and N0.22 per share respectively on the 45 kobo dividend proposed and market forces. On the flip side, Cornerstone Insurance and Oando lost 9.84% and 6.06% respectively, closing at N0.53 and N3.10 per share, on profit taking and market forces.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising dividend and quarter end window dressing by fund managers, as well as portfolio reshuffling ahead of Q1 earnings reporting season in April. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in high dividend yields and undervalued stocks, while more companies release their full-year and quarterly numbers to support recovery. This is based on the fact that the rising fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bond and TB.

Master Class On Comprehensive Cash flow For Personal Wealth Creation

Sub-Topics

1.Catch The Right Market Top With Tested Strategies To Preserve Wealth In A Quiet Market – By Engr. Ekwueme Michael Anyadibe, M.D, X-Front Trader Ltd

2. How To Invest & Trade For Short, Medium, And Long Term In A Mix Market, Alhaji KurfiGarba MD/CEO Apt Securities & Funds Ltd

3. Comprehensive Trading, Using The 4 Phases Of The Stock Market To Create Consistent Cashflow In Bear and Bull Cycle, Combining Fundamental And Technical Tools. Mr Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd

To effectively take advantage of changing trading patterns and the oscillating stock market, active traders and investors must stay ahead of the new market structure and conversant with strategies used by institutional investors or smart money.

With traders like you in mind, we have designed this Quarterly Comprehensive Master Class For Personal cashflow and Wealth Creation at this special workshop that will feature time-tested traders and CEOs of some of the largest stockbroking firms by various parameters on the NSE. They will share knowledge accumulated over several decades of time and money.

In this EIGHT-HOUR master class, you will learn strategies and techniques on how to create cash flow and capture winning trades in any market cycle.

Specifically, the session is aimed at sharing knowledge on:

1. How to eliminate the guesswork from your trade, using investdataFundaTech Toolbox to determine trade opportunity.
2. What strategies work best for the current market situation
3. Refining your ‘buy’ and ‘sell’ strategies with precision
4. Identifying key sectors capable of supporting the market and creating cash flow.
5. How to time the market in any cycle
6. Actionable trade ideas and stock chart analysis
7. 10 trading ideas and hot stocks to buy in Q2 and beyond
8. Special Telegram group for immediate action taking, updates and direction

Date: April 3, 2021
Time: 9am prompt
Venue: ZOOM.
Fee: N 50,000

However, with less than 2 days to Q2 2021, you need to start planning your cash-flow through trading in second quarter and beyond. Don’t miss this opportunity as we countdown to April 3, 2021 for the Comprehensive Master Class for cashflow.

During this practical session our team of experts will reveal practical trade ideas and opportunities in Q2 2021 to consolidate your gains and maximize returns. That is what you can apply or implement immediately and start tracking the result by yourself and Investdata research team on your behalf. Want to be among the smart investors and traders in Q2 send Yes to: the phone numbers below now.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.

Meanwhile, the home study packs on INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, Strategies and How to invest profitably in this Changing Market Dynamics/ Recession, Mastering Earnings Season For Profitable Investing and Trading in any market situation/ cycles, Life Beyond COVID 19 Investment Opportunities In The Stock Market are now available. To obtain your pack send ‘Yes’ or ‘Stock’ to 08028164085, 08179547605, 08111811223 now.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/mixed-trend-ahead-on-earnings-dividend-news-quarter-end-window-dressing/

Sentiment Report for March 30, 2021

NSEASI buy 6% sell 94% volume index 0.88 MFI 66.10
Access buy 0% volume index 0.92 MFI 65.32
Chams buy 0% MFI 46.87
Courtville buy � volume index 14.04 MFI 94.69
Dangsugar buy � MFI 5.53
Eti buy 0% volume index 1.81 MFI 26.99
Fbnh buy 0% MFI 31.22
Fidelity buy 0% volume index 0.75 MFI 70.75
Ftn buy � volume index 0.78 MFI 59.64
GT buy � volume index 0.85 MFI 69.67
Honyflour buy 0% volume index 2.99 MFI 54.55
Jaiz buy 0% volume index 1.97 MFI 28.66
Jagold buy � MFI 25.26
Jberger buy � volume index 7.52 MFI 29.86
Lvstk buy � volume index 1.42 MFI 45.85
Mansard buy � MFI 54.78
Mben buy � MFI 39.09
Regalins buy 0% MFI 62.58
Royalex buy � volume index 2.62 MFI 91.25
Sovrenins buy � volume index 1.54 MFI 68.97
Sterling buy � MFI 84.83
Transcorp buy 25% sell 75% volume index 1.21 MFI 17.97
Uacn buy � volume index 1.83 MFI 63.93
Uba buy � MFI 23.22
Ubn buy 0% volume index 4.82 MFI 66.58
Veritas buy � MFI 98.09
Wapco buy 0% volume index 1.25 MFI 49.92
Wapic buy 17% sell 83% volume index 2.95 MFI 84.30
Wema buy 0% MFI 79.95
Zenith buy 59% sell 41% volume index 0.77 MFI 63.33

Investdata Daily Sentiment Report

Mixed Outlook Still, As Investors Realign Portfolios Ahead Of 2021Q1 Earnings


Market Update for March 30

The up and down movement on the Nigerian Stock Exchange continued as selloffs and profit booking hit the high cap stocks on the recent rally at the peak of earnings reporting season with more companies making available their numbers to market. This is just as the numbers released and dividend news remain mixed reflecting the strength of company financials and economic situation during the year 2020.

This prevailing movement after correction is normal; especially as full-year earnings season is gradually winding down to usher in the 2021 Q1 reporting season, amid the month and quarter-end window dressing. The improving momentum, despite the mixed trend indicates that funds are entering the market as revealed by money flow index, due to dividend payout that continues to attract demand for blue-chip stocks in hot sectors with strong potential to grow sales in the current financial year as events in the economy unfold.

The NSE’s index action has formed a minor double top chart pattern after it rebounded recently. This pattern supports pullback as witnessed on Tuesday, halting the previous session’s positive sentiment and bull transition, although the index remains above the shortest moving averages of 7, 14 and 20-day on a low traded volume. This signals reversal of pattern and trend, but needs to be confirmed in the next trading session.

Tuesday’s trading started on the downside and was sustained for the rest of the session, despite oscillating on buying interests in blue-chips and selling in highly capitalized companies that pushed the key performance index. The index touched an intraday low of 39,247.36 basis points from its highs of 39,573.26bps before closing below its opening point at 39,267.11bps.

Market technicals for the day were weak and mixed, with volume traded lower than previous day’s in the midst of breadth favouring the bulls on a selling sentiment as revealed by Investdata’s Sentiments Report showing 94% ‘sell’ volume and 6% buy position. Total transaction volume index stood at 0.89 points, just as energy behind the day’s performance became relatively strong. Money Flow Index improved marginally to 67.57pts, from the previous day’s 67.27pts, indicating that funds entered the market, despite the down market.

Index and Market Caps

The benchmark NSE All-Share index (ASI) at the end of the day’s trading shed 226.26ps, closing at 39,267.11bps after opening at 39,493.39bps, representing a 0.57% decline. Similarly, market capitalization fell by N118.38bn, closing at N20.54tr, from previous day’s N20.66tr, which also represented 0.57% depreciation in value.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an reform policies with capacity to stimulate and re-track the economy again.

Tuesday’s downturn resulted from selloffs and profit taking in stocks like Dangote Cement, AIICO, Julius Berger, and Ecobank Transnational Incorporation, among others, which impacted negatively on Year-To-Date loss, which rose to 2.49%, just as market capitalization loss dropped to N512bn, or 2.44% below its opening value for the year.

Mixed Sector Indices

The sectorial performance indexes were mixed, as the NSE Banking, and Consumer Goods closed 0.94% and 0.07% higher respectively, while the NSE Industrial goods led the decliners, shedding 1.90%.

Market breadth remained positive, as advancers outnumbered decliners in the ratio of 22:13; just as transactions in volume and value were down after investors traded 336.13m units worth N3.21bn.

Livestock Feeds and Cornerstone Insurance were the best performing stocks on Tuesday, after gaining 9.66% and 9.09%, closing at N1.93 and N0.60 per share respectively on the impressive earnings and market forces. On the flip side, Regency Insurance and Prestige Assurance lost 9.09% and 8.89% respectively, closing at N0.30 and N0.41 per share, on profit taking and market forces.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising dividend and quarter end window dressing by fund managers, as well as portfolio reshuffling ahead of Q1 earnings reporting season in April. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in high dividend yields and undervalued stocks, while more companies release their full-year and quarterly numbers to support recovery. This is based on the fact that the rising fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bond and TB.

Master Class On Comprehensive Cash flow For Personal Wealth Creation

Sub-Topics

1.Catch The Right Market Top With Tested Strategies To Preserve Wealth In A Quiet Market – By Engr. Ekwueme Michael Anyadibe, M.D, X-Front Trader Ltd

2. How To Invest & Trade For Short, Medium, And Long Term In A Mix Market, Alhaji KurfiGarba MD/CEO Apt Securities & Funds Ltd

3. Comprehensive Trading, Using The 4 Phases Of The Stock Market To Create Consistent Cashflow In Bear and Bull Cycle, Combining Fundamental And Technical Tools. Mr Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd

To effectively take advantage of changing trading patterns and the oscillating stock market, active traders and investors must stay ahead of the new market structure and conversant with strategies used by institutional investors or smart money.

With traders like you in mind, we have designed this Quarterly Comprehensive Master Class For Personal cashflow and Wealth Creation at this special workshop that will feature time-tested traders and CEOs of some of the largest stockbroking firms by various parameters on the NSE. They will share knowledge accumulated over several decades of time and money.

In this EIGHT-HOUR master class, you will learn strategies and techniques on how to create cash flow and capture winning trades in any market cycle.

Specifically, the session is aimed at sharing knowledge on:

1. How to eliminate the guesswork from your trade, using investdataFundaTech Toolbox to determine trade opportunity.

2. What strategies work best for the current market situation

3. Refining your ‘buy’ and ‘sell’ strategies with precision

4. Identifying key sectors capable of supporting the market and creating cash flow.

5. How to time the market in any cycle

6. Actionable trade ideas and stock chart analysis

7. 10 trading ideas and hot stocks to buy in Q2 and beyond

8. Special Telegram group for immediate action taking, updates and direction

Date: April 3, 2021

Time: 9am prompt

Venue: ZOOM.

Fee: N 50,000

However, with less than 2 days to Q2 2021, you need to start planning your cash-flow through trading in second quarter and beyond. Don’t miss this opportunity as we countdown to April 3, 2021 for the Comprehensive Master Class for cashflow.

During this practical session our team of experts will reveal practical trade ideas and opportunities in Q2 2021 to consolidate your gains and maximize returns. That is what you can apply or implement immediately and start tracking the result by yourself and Investdata research team on your behalf. Want to be among the smart investors and traders in Q2 send Yes to: the phone numbers below now.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.


Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/mixed-outlook-still-as-investors-realign-portfolios-ahead-of-2021q1-earnings/

The law of taking away from those who don't multiply...

Ambrose Here Again,

“The average person puts in only 25% of his energy and ability into his work. The world will take off its hat to those who put in more than 50% of their capacity and the world will stand on its head for those few and far between souls who devote 100%” – Andrew Carnegie

The quote made me remember the Parable of the Talents too in the Holy Book. I was able to connect a natural law working here. Which we, as humans, are not really conscious of.

I won't go the route of preaching, but to show you some dangerous laws of nature you toy with every day. It is called the law of taking away from those who don't multiply to those who are constantly multiplying.

You might be wondering what am I really saying? How did Andrew Carnegie's quote relate to the parable of the Talent? For the sake of time what they are saying is that if you DON'T multiply your income or portfolio as an investor or trader, the privileges that nature gives you will be taking away from you. And given to those who are tirelessly investing in training, seminars, and workshops to multiply their investment.

That is why, when people who don't grow are laid off in their jobs, they find it difficult to get started again with their lives, this is why businesses close down.

Knowing what you now know, do want to be get caught up by nature and get screwed up or you want to keep on growing so that you can explore more opportunities in Q2. It is your choice.

Invest in the Masterclass Seminar and don't be obsolete to the extent of letting nature take away the PRIVILEGES of your financial power.

Remember that you won't get a notification. So, invest in yourself now by completing your registration. call now 08028164085, 08179547605

Or click on the below link to decide on that information and guide you need to enhance and multiply your finance in Q2 2021.

https://workshop.investdataonline.com/confirm2

Before it expires 2nd April 2021

Dedicated to Your Financial Success,
Ambrose Omordion.

Sentiment Report for March 30, 2021

NSEASI buy 6% sell 94% volume index 0.88 MFI 66.10
Access buy 0% volume index 0.92 MFI 65.32
Chams buy 0% MFI 46.87
Courtville buy � volume index 14.04 MFI 94.69
Dangsugar buy � MFI 5.53
Eti buy 0% volume index 1.81 MFI 26.99
Fbnh buy 0% MFI 31.22
Fidelity buy 0% volume index 0.75 MFI 70.75
Ftn buy � volume index 0.78 MFI 59.64
GT buy � volume index 0.85 MFI 69.67
Honyflour buy 0% volume index 2.99 MFI 54.55
Jaiz buy 0% volume index 1.97 MFI 28.66
Jagold buy � MFI 25.26
Jberger buy � volume index 7.52 MFI 29.86
Lvstk buy � volume index 1.42 MFI 45.85
Mansard buy � MFI 54.78
Mben buy � MFI 39.09
Regalins buy 0% MFI 62.58
Royalex buy � volume index 2.62 MFI 91.25
Sovrenins buy � volume index 1.54 MFI 68.97
Sterling buy � MFI 84.83
Transcorp buy 25% sell 75% volume index 1.21 MFI 17.97
Uacn buy � volume index 1.83 MFI 63.93
Uba buy � MFI 23.22
Ubn buy 0% volume index 4.82 MFI 66.58
Veritas buy � MFI 98.09
Wapco buy 0% volume index 1.25 MFI 49.92
Wapic buy 17% sell 83% volume index 2.95 MFI 84.30
Wema buy 0% MFI 79.95
Zenith buy 59% sell 41% volume index 0.77 MFI 63.33

Investdata Daily Sentiment Report

Mixed Outlook Still, As Investors Realign Portfolios Ahead Of 2021Q1 Earnings


Market Update for March 30

The up and down movement on the Nigerian Stock Exchange continued as selloffs and profit booking hit the high cap stocks on the recent rally at the peak of earnings reporting season with more companies making available their numbers to market. This is just as the numbers released and dividend news remain mixed reflecting the strength of company financials and economic situation during the year 2020.

This prevailing movement after correction is normal; especially as full-year earnings season is gradually winding down to usher in the 2021 Q1 reporting season, amid the month and quarter-end window dressing. The improving momentum, despite the mixed trend indicates that funds are entering the market as revealed by money flow index, due to dividend payout that continues to attract demand for blue-chip stocks in hot sectors with strong potential to grow sales in the current financial year as events in the economy unfold.

The NSE’s index action has formed a minor double top chart pattern after it rebounded recently. This pattern supports pullback as witnessed on Tuesday, halting the previous session’s positive sentiment and bull transition, although the index remains above the shortest moving averages of 7, 14 and 20-day on a low traded volume. This signals reversal of pattern and trend, but needs to be confirmed in the next trading session.

Tuesday’s trading started on the downside and was sustained for the rest of the session, despite oscillating on buying interests in blue-chips and selling in highly capitalized companies that pushed the key performance index. The index touched an intraday low of 39,247.36 basis points from its highs of 39,573.26bps before closing below its opening point at 39,267.11bps.

Market technicals for the day were weak and mixed, with volume traded lower than previous day’s in the midst of breadth favouring the bulls on a selling sentiment as revealed by Investdata’s Sentiments Report showing 94% ‘sell’ volume and 6% buy position. Total transaction volume index stood at 0.89 points, just as energy behind the day’s performance became relatively strong. Money Flow Index improved marginally to 67.57pts, from the previous day’s 67.27pts, indicating that funds entered the market, despite the down market.

Index and Market Caps

The benchmark NSE All-Share index (ASI) at the end of the day’s trading shed 226.26ps, closing at 39,267.11bps after opening at 39,493.39bps, representing a 0.57% decline. Similarly, market capitalization fell by N118.38bn, closing at N20.54tr, from previous day’s N20.66tr, which also represented 0.57% depreciation in value.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

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Tuesday’s downturn resulted from selloffs and profit taking in stocks like Dangote Cement, AIICO, Julius Berger, and Ecobank Transnational Incorporation, among others, which impacted negatively on Year-To-Date loss, which rose to 2.49%, just as market capitalization loss dropped to N512bn, or 2.44% below its opening value for the year.

Mixed Sector Indices

The sectorial performance indexes were mixed, as the NSE Banking, and Consumer Goods closed 0.94% and 0.07% higher respectively, while the NSE Industrial goods led the decliners, shedding 1.90%.

Market breadth remained positive, as advancers outnumbered decliners in the ratio of 22:13; just as transactions in volume and value were down after investors traded 336.13m units worth N3.21bn.

Livestock Feeds and Cornerstone Insurance were the best-performing stocks on Tuesday, after gaining 9.66% and 9.09%, closing at N1.93 and N0.60 per share respectively on the impressive earnings and market forces. On the flip side, Regency Insurance and Prestige Assurance lost 9.09% and 8.89% respectively, closing at N0.30 and N0.41 per share, on profit-taking and market forces.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising dividend and quarter-end window dressing by fund managers, as well as portfolio reshuffling ahead of Q1 earnings reporting season in April. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in high dividend yields and undervalued stocks, while more companies release their full-year and quarterly numbers to support recovery. This is based on the fact that the rising fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at the negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bonds and TB.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/mixed-outlook-still-as-investors-realign-portfolios-ahead-of-2021q1-earnings/

Mindset Wisdom:

"Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress." - Ray Dalio
 
Being an idealist isn't all bad, but you can't ignore reality. The market doesn't run on hopes and dreams.

The more you understand the reality behind the economy and the markets, the better trader you'll become.

As a trader, you'll leverage what you know about the real world to increase your chances of making profit-winning trades.

So be aware of the fine line between idealism and optimism. Be optimistic in an unideal world

WORDS TO TRADE BY

"End trades when it is clear that the trend you are profiting from is over.”

-Jesse Livermore

You've thought about every trade you want to make and have created a trading plan to make them happen. Once the market has confirmed your idea about your trade, it's time to dive in.
What's important is that you keep an eye on the current trend. If the market begins to go against your original trade plan, be ready to take action.
Once the information that confirmed your original buy-in no longer supports your trade plan, it's time to close your position. That will minimize losses and help you maintain a profitable account!

Wherever you are NOW is where you choose to be

Ambrose Here Again,

According to research, very few people are successful at anything at first. I included. 

Only a tiny percentage of the population achieves any significant success or wealth through stock because few are willing to go through the process of doing what it takes to achieve in the stock market, and there is no shortcut.

In fact, everybody has to go through four levels of learning every time, and often, in the process, they fail, regroup, and begin again.

Most investors blame other factors like government policies, currency fluctuation, political instability, election for stopping their financial progress, but in truth, there's only one person who can put on the parking brake and that person is YOU.

Many investors drive around with the break on without knowing it, or once awareness arrives, don't know how to lift their foot off it.

As a result, I have been organizing seminars and summits because I want you to get the best out of 2021 Q2 investment opportunities.

... Register for the INVEST Masterclass Workshop. Call Now 08028164085,08179547605 before registration closes on 2nd April 2021.

Or click on the below link to complete your registration.

https://workshop.investdataonline.com/confirm2/

Happy Trading,
Ambrose Omordion

WORDS TO TRADE BY

"The stock market is filled with individuals who know the price of everything, but the value of nothing."

-Phillip Fisher

Investing requires a ton of research. If you jump feet-first into trading without understanding why you're picking a certain trade, you're going to get burned.

That's why you should take the time to understand the value of the stock, future, or option you plan to buy and sell. It will help you predict the profit potential of any investment move you plan to make.

And you don't have to get a degree in economics. Get a good understanding of the basic charts and analytics that Custom or Wall Street uses, and you'll be on your way to understanding the value of the trades you're making.

Gratitude!!! Thank you for the Investdata Masterclass

I want to express my sincere gratitude to all those who attended the *Investdata Master Class. not only because they showed up but due to the fact that they burned all bridges of doubt, hesitation, and indecision to attend. That is, they pushed away several appointments just to ensure that that they attend.

In addition, they also had fears and doubts about the 2021 Q2 investment opportunities but they understood that it better they equipped themselves than to assume because they understood that plan fail for lack of counsel but with many advisers, they will surely survive.

Once more thank you for attending.

Happy Trading,

Ambrose Omordion.

Investdata Consulting Limited would love your feedback. Post a review of our profile. https://g.page/Investdata/review?gm

Hello Investors,

The, buy & sell signal for this week has been posted on the membership site for you. Pls, click on the long link for this week's download.

I have added a further twist to it. This includes.
1. Low Priced Stocks to Watch
2. Stocks to lead recovery
3. Defensive Stocks
4. Dividend Stocks with Strong Yields and Fundamentals
5. Stocks to Benefit from Corona Virus-Induced Economic downturn and government Intervention
20 Stocks building a new bullish base


However, you need to login on to the membership site before you can have access to it.

Kindly click on the below link now to login with your username and password

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However, if you have not joined the buying and selling signal membership, kindly indicate your interest so that one of our team members will call you immediately on how to get started immediately

To Your Success
Investdata Consulting.

P.S. You need to act fast. You know time wait for no one

Sentiment Report for the weekend April 1, 2021

NSEASI buy 7% sell 93% MFI 52.53
Abc buy � MFI 47.24
Access buy 20% sell 80% MFI 52.89
Afrprud buy 0% MFI 33.05
Aiico buy 78% sell 12% MFI 22.13
Cadbury buy � MFI 47.79
Cap buy � volume index 0.96 MFI 83.17
Caverton buy 0% volume index 1.04 MFI 44.44
Chams buy 0% volume index 0.85 MFI 66.52
Chiplc buy � MFI 69.06
Corner buy � MFI 60.50
Courtville buy 33% sell 67% volume index 5.66 MFI 64.18
Custodian buy � MFI 67.41
Cutix buy � volume index 0.80 MFI 48.06
Dangcem buy 0% MFI 28.78
Dangsugar buy � MFI 35.72
Eti buy 0% MFI 32.54
Fbnh buy 40% sell 60% MFI 63.92
Fcmb buy 18% sell 82% MFI 27.34
Fidelity buy � MFI 51.42
Fmn buy � MFI 64.54
Ftn buy 0% MFI 5.57
Glaxo buy 0% MFI 36.55
GT buy 5% sell 95% volume index 2.15 MFI 47.40
Honyflour buy 50% sell 50% MFI 57.96
Jaiz buy 40% sell 60% MFI 53.07
Jagold buy 86% sell 14% MFI 43.32
Jberger buy 73% sell 27% volume index 4.35 MFI 38.28
Lasaco buy 0% MFI 78.24
Learn buy � MFI 53.38
Linkass buy � MFI 71.06
Lvstk buy 70% sell 30% MFI 54.26
Mansard buy � MFI 39.11
Maybaker buy � volume index 0.74 MFI 70.41
Mben buy 75% sell 25% MFI 69.90
Mtnn buy 0% MFI 75.31
Nahco buy 89% sell 11% MFI 58.72
Nem buy 15% sell 85% MFI 76.04
Npf buy � MFI 78.34
Oando buy 59% sell 41% MFI 68.24
Okomu buy � volume index 3.87 MFI 54.42
Presco buy � MFI 44.33
Red buy � MFI 46.40
Regalins buy 0% MFI 66.18
Royalex buy � MFI 58.96
Sovrenins buy � volume index 1.08 MFI 73.82
Stanbic buy 0% volume index 0.76 MFI 50.18
Sterling buy � MFI 52.10
Transcorp buy � MFI 52.13
Uacp buy � MFI 55.56
Uacn buy � volume index 2.82 MFI 88.99
Uba buy 63% sell 37% MFI 40.73
Ubn buy 0% volume index 4.91 MFI 40.02
Ucap buy 70% sell 30% MFI 57.08
Unilever buy 76% sell 24% volume index 1.56 MFI 62.39
Unity buy 0% MFI 98.29
Upl buy 0% MFI 10.89
Veritas buy 0% MFI 70.35
Wapco buy 12% sell 88% MFI 71.54
Wapic buy 44% sell 56% volume index 1.04 MFI 66.46
Wema buy 14% sell 86% volume index 3.45 MFI 5.28
Zenith buy 15% sell 85% MFI 59.29

Investdata Weekly Sentiment Report

2021Q1: NGSE Sheds 3.04%, Offers Short-term Prospects In Sound, Dividend Stocks


Market Roundup for Q1 2021

The first quarter of2021 ended on a mixed and highly volatile note to start the year on the Nigerian Stock Exchange, coming after the market witnessed a bull-run in 2020 as a result of strong positive sentiments and price appreciation of high cap stocks that supported the rally. This was propelled by low yield in the fixed income space which pushed funds to equities in search of higher return and was extended to the first month of 2021, maintaining a three-year change pattern in January. Trading in January closed positive, thereby changing what had come to be known as the January effects when the NSE composite index closes negative.

As such, in January 2021, the index recorded a robust 5.3% gain, which was, however, reversed in February on-sell pressure, amidst profit taking and price corrections that were triggered by rising yield in Treasury bills and bond market instruments. As a result, the benchmark index lost 5.6%, wiping out the gains recorded in January, thereby ushering in the first correction after the 2020 rally.

The 2020 full-year corporate earnings reporting season that comes with strong momentum and mixed sentiments helped to reduce sell pressure with dividend news and payouts, with the numbers released so far showing the resilience of corporate Nigeria. This is noteworthy, given the effects of the COVID=19 pandemic on the economy which led to the nation’s second recession in less than five years, despite which listed companies posted positive numbers, notwithstanding the mixed, flat, or even marginal decline in their numbers.

The profit-taking and rising yields in the fixed income market coincided to pulldown the NSE’s All-Share index and trigger sectoral rotation, thereby creating buy opportunities for discerning investors and technically inclined traders. The market resisted a break down of the 38,300 basis-point strong support in March when the index lost 1.9%.

The downtrend occurred on the back of pullbacks and flat volume when compared to transactions recorded in the last quarter of 2020, amid the influx of numbers to the market with mixed numbers and dividend news that translated to better yields.

During the period also, there were announcements of breakthroughs in the Coronavirus vaccines, a situation expected to drive oil prices at the international market, propelling global and domestic economic recovery. The expected Q1 numbers will give further insights, being a leading index or parameter that tells what is happening in the economy and where it is headed.

In the midst of this also was the news of an outbreak of deadlier variants of the COVID-19 pandemic in its second wave; made worse by the rising insecurity across the country with kidnappings across the country and mass abduction, especially of school children becoming a daily occurrence. Add this to the incidences of policy mismatch between the fiscal and monetary authorities, then you have a very unfriendly situation that threatens recovery in an economy that is exiting recession, at 0.11% growth, compared to Q3’s 3.62% contraction.

The seeming economic recovery and the rise of crude oil above the nation’s $45 budget benchmark are positive signs for the equity market, going forward, despite the ongoing portfolio realignments, due to improving yields in Treasury Bills and Bonds. With the expected Q1 earnings reports and rising inflation in the new quarter, reversal is underway to halt the two selling sentiments as dividend yields of blue-chip and growth stocks become better and more attractive.

The key performance index closed activities for the quarter on a negative note, dipping on the last trading day of the quarter, suggesting a trend continuation with the market yet to respond to the mixed numbers and corporate actions so far released, due to liquidity.

As noted earlier, the audited scorecards of various listed companies released so far have given insights into what we should expect from different sectors and individual stocks. The possibility of prices reversing is high, amidst portfolio reshuffling on the strength of the 2020 full-year numbers and expected Q1 earnings reports in April.

In the 62 trading sessions of the quarter, the NSE All-Share index recorded losses in 34, and was upin 28, resulting in a cumulative 3.04% loss, which happened, owing to price corrections, despite the recovery move on strong fundamentals, and high dividend yields that attracted more inflows to the market. This was also due to impressive corporate earnings and payouts, regardless of the economic recession in 2020.

Specifically, during the first quarter of 2021, the NSEASI lost a total of 1,225.59 basis points, closing at 39.045.13bps, compared to the 40,270.72bps at which it opened, after touching a low of 38,309.62bps and 42,472.56bps highs. There was a high buying pressure, followed by selloffs and mixed sentiment within the period, which impacted negatively on the index and stock prices, pushing them down to break down various support levels and psychological lines.

Market capitalization, during the period, fell by N628bn, closing at N20.43tr, from N21.06tr, representing a 3.04% value loss also. The quarter’s total ‘sell’ volume was 71%, leaving the ‘buy’ position at 29%, halting the previous three-quarters of bull transition, while the volume index for the period was 0.01.

Transaction volume for the period was flat at29.46bn shares, the same as was recorded in the preceding quarter, just as market breadth for the period was marginally negative with decliners outnumbering advancers in the ratio of 60:52. It therefore short-lived the preceding three-quarters of the upmarket as liquidity flowed out of equity assets due to factors mentioned above, a situation that may reverse in Q2 as the earnings season extends to April in expectation of 2021 Q1 numbers.

Mixed Sectorial Performance

Performance indexes across the sectors and market were mixed, as NSEOil/Gas, NSE Insurance, NSE Growth index, and NSE Main Board closed the quarter17.54%,7.94%, 3.82%, and 0.89% higher respectively. As shown by the chart below, the NSE Industrial Goods, Premium, Banking, Consumer Goods, NSE 30, NSE 50, and Pension indexes depressed the market the most during the quarter, worse than the general market. The NSE Industrial goods and Premium index lost a total of 7.52% and 6.58% respectively, driven by profit-taking and selloffs in highly capitalized stocks.

Others are represented in the chart below, revealing investors’ mixed sentiment and indecision among traders, as the market’s Price-To-Earnings Ratio closed below 15x.


Source: NSE Investdata Research
Best And Worst Performing Stocks For Q1

The best-performing stocks for the quarter under review were predominantly low and medium caps across the Oil/Gas, Services, consumer goods, and insurance sectors, led by Lasaco Assurance, which gained 268.57% as a result of its share reconstruction. It was followed by Champion Breweries’161.65%; and the 75.51% notch by Morison Industry. Guinness Nigeriaclimbed66.37% up, on market forces and seeming improvement in its earnings ahead of Q3 numbers; just as Mutual Benefits Assurance chalked62%; among others.

Technical View

The NSE’s index action for the month and quarter were bearish, halting the V-shape recovery trend, as the index pulled back to break down some strong support levels of 42.000, 41,000, and 40,000 marks in the midst of audited financial reports season. At the same time, it is trading above its 50-Day Moving Average on the monthly and quarterly chart, despite the mixed sentiments and high traded volume.

The trading patterns and momentum going forward is likely to change, as investors react to the audited full-year numbers, portfolio rebalancing, and repositioning, with dividend news and recovery oil prices.

Market technicals for the quarter were mixed, a situation expected to change in the new month and quarter, that is the buying month and quarter as revealed by an analysis of two-decades-old data by invest data Research. This is the situation, especially now that the trading environment is changing toward sector rotation to pinpoint hot stocks in different sectors with high upside potential and positive price actions supported by strong consumption to drive explosive sales in 2021.

Market Outlook

The mixed trend is expected to continue in the new month and quarter, even as the market outlook remains mixed and dicey due to rising inflation, mismatch in policies, and mixed sentiments, even as yields in the fixed income market keep looking up. We see the anticipated economic data and Q1 numbers in the new month strengthening recovery, despite the rising inflation, insecurity, and the second wave of coronavirus. However, the wave will further boost Nigeria’s healthcare sector, due to the commitments of the government and CBN to enhance public health.

Investors should at this point avoid greed and instead ensure that their decisions are guided by predetermined investment goals and exit strategies, even as the healthy inflow of funds into the equity assets due to the prevailing increase in negative real returns in money and bond market due to high inflation rate. This is likely to continue, with government planning to raise fuel price above N200 per literary moment from now, given that the high cost of energy and pump price of fuel have been the major drivers of high production cost and living, coupled with rising insecurity in the nation today. The MPC meeting for March has doused fear of funds leaving the market in the interim, as the CBN wants cheap funds to flow into the market to support the economic recovery, as the high cost of borrowing may also threaten the government's ability to finance its deficit budget for 2021, as well as capacity to create jobs as the unemployment rate in Nigerian hit its highest in history.

Again, the current breakdown of support levels offers traders opportunities to position for the short-term, while investors should target fundamentally sound, and dividend-paying stocks for possible dividend income and capital growth now that many companies had made available their corporate actions to the market.

We appreciate all that made the maiden InvestdataMaster Class Workshop a success over the weekend, and we desire that participants would smile to their banks by flying with the 14 Hot Stocks To Buy In Q2.

Meanwhile, the home study packs on INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, Strategies and How to invest profitably in this Changing Market Dynamics/ Recession, Mastering Earnings Season For Profitable Investing and Trading in any market situation/ cycles, Life Beyond COVID 19 Investment Opportunities In The Stock Market are now available. To obtain your pack send ‘Yes’ or ‘Stock’ to 08028164085, 08179547605, 08111811223 now.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/2021q1-ngse-sheds-3-04-offers-short-term-prospects-in-sound-dividend-stocks/

Sentiment Report for April 6, 2021

NSEASI buy 14% sell 86% MFI 66.27
Access buy 0% volume index 2.39 MFI 69.77
Aiico buy 0% MFI 69.03
Bua buy � volume index 2.69 MFI 23.68
Dangsugar buy 12% sell 88% MFI 10.25
Eterna buy � volume index 5.25 MFI 56.59
Fbnh buy 50% sell 50% volume index 0.79 MFI 54.83
Fcmb buy 71% sell 29% volume index 1.06 MFI 33.74
Fidelity buy 82% sell 18% volume index 2.47 MFI 77.95
Fmn buy 0% volume index 1.26 MFI 91.26
Ftn buy 0% MFI 65.32
GT buy 75% sell 25% MFI 72.76
Honyflour buy � MFI 51.28
Jaiz buy 0% volume index 1.03 MFI 50.96
Jagold buy � MFI 35.11
Mansard buy 0% MFI 52.77
Mben buy 0% volume index 0.72 MFI 42.94
Regalins buy � volume index 1.74 MFI 37.10
Sterling buy 0% volume index 1.08 MFI 75.08
Transcorp buy � MFI 32.20
Uacn buy 39% sell 61% volume index 8.62 MFI 58.04
Uba buy 0% volume index 0.74 MFI 30.65
Wapic buy 0% volume index 1.33 MFI 60.37
Zenith buy 25% sell 75% MFI 64.21

Investdata Daily Sentiment Report