WORDS TO TRADE BY

"I think it is possible for ordinary people to choose to be extraordinary."

-Elon Musk

Ordinary people can be extraordinary; it's just a matter of willpower and determination.
Regardless of your background, socio-economic status, or education, you can choose to pursue a life of greatness.
That doesn't mean you have to be the next Elon Musk. You can be extraordinary in small ways in your everyday life.
Choose to be great. Step away from mediocrity and make incredible things happen with the resources you have!

Sentiment Report for April 28, 2021

NGX buy 49% sell 51% volume index 0.81 MFI 63.61
Access buy 0% MFI 35.73
Aiico buy � MFI 77.63
Cadbury buy � volume index 2.99 MFI 45.61
Chams buy 0% MFI 21.19
Chiplc buy � volume index 5.58 MFI 15.69
Corner buy 0% volume index 0.93 MFI 51.07
Custodian buy 0% volume index 0.92 MFI 15.22
Eti buy 50% sell 50% volume index 1.39 MFI 82.66
Fbnh buy 50% sell 50% volume index 3.86 MFI 69.00
Fcmb buy 89% sell 11% volume index 3.76 MFI 43.25
Fidelity buy 60% sell 40% MFI 53.50
Ftn buy 0% volume index 4.85 MFI 39.24
GT buy 0% MFI 83.83
Honyflour buy � volume index 0.74 MFI 70.84
Jagold buy 86% sell 14% MFI 19.93
Lvstk buy � volume index 0.71 MFI 34.45
Mansard buy 50% sell 50% MFI 40.10
Mben buy � MFI 21.82
Npf buy 87% sell 13% volume index 3.88 MFI 51.33
Oando buy 0% volume index 1.67 MFI 43.71
Pz buy 0% MFI 77.06
Regalins buy � volume index 0.99 MFI 48.84
Royalex buy � volume index 1.49 MFI 43.36
Sovrenins buy � volume index 4.01 MFI 37.36
Sterling buy � MFI 47.44
Transcorp buy 67% sell 33% volume index 2.15 MFI 78.99
Uacp buy � volume index 2.10 MFI 33.74
Uacn buy 14% sell 86% MFI 85.18
Uba buy 0% MFI 77.46
Ubn buy 0% MFI 30.26
Ucap buy 97% sell 3% volume index 2.81 MFI 45.50
Vitafoam buy � volume index 0.71 MFI 21.26
Wapco buy 0% volume index 0.72 MFI 44.75
Wapic buy 0% volume index 1.10 MFI 48.96
Wema buy 0% MFI 53.16
Zenith buy 22% sell 78% volume index 0.87 MFI 53.35

Investdata Daily Sentiment Report

Cautious Trading Yet, As Investors, Await Major 2020Q1 Earnings, Data For Market Direction


Market Update for April 28

The mixed and volatile trend on the Nigerian Exchange continued at the midweek as the benchmark NGX All-Share index (NGXASI) closed again slightly lower on a less than average traded volume and negative breadth. This indicated profit booking among the four major sectors of the market in the midst of impressive Q1 numbers and expectation of major economic data like 2021 Q1 GDP, April Purchasing Manger Index and others.

This was despite the seeming mixed sentiments in the last two trading sessions, the impressive Q1 corporate earnings from United Capital, Fidson Healthcare, Livestock Feeds, Julius Berger, May and Baker, as well as Fidelity Bank, among others.

Consequently, with money flow index still looking up at above 60points, and oil price oscillating above $60 per barrel and forecast that it could hit $80pb in the second half of this year, the market is likely to close positively this month and quarter all things being equal. History is about to repeat itself again as revealed by investdata’s 20-year market data analysis which shows the month of April and Q2 as a period of position taking on the Nigeria equities market.

The market is still expecting Q1 results from the banking sector, especially from industry leaders such as Zenith Bank, Access Bank, FBNH and other movers and shakers that are yet to release their Q1 scorecards which are likely to support the ongoing recovery moves, in the face of profit taking and rising yields in the fixed income market.

These Q1 numbers and unfolding events in the economy should provide a clear direction for the purpose of repositioning your portfolios ahead of qualification dates and subsequent results in this new financial year.

All things considered, Investdata urges investors to play the market wisely by letting investment goals guide their decisions, especially entry and exit strategies necessary to survive and profit from the expected new trend. Be guided also by current price patterns and money flow index now supporting a trend continuation as funds continue entering the market, just as we expect Thursday trading to confirm direction.

Meanwhile, midweek’s tradingstarted on the downside and oscillated for the rest of the session on profit booking and reaction to the positive earnings that pushed the composite index to an intraday low of 39,268.19 basis points, from its high of 39,338.82bps. Thereafter, the index closed slightly below the opening level at 39,303.09bps.

Midweek’s market technicals were mixed and weak, with volume traded higher than previous day’s in midst of breadthfavoring thebears on mixed sentiments, as revealed by Investdata’s Sentiments Report showing 49% ‘buy’ volume and 51% sell position. Total transaction volume index stood at 0.80 points, just as impetus behind the day’s performance was relatively strong. Money Flow Index was looking up to 63.61pts, from the previous day’s 62.48pts, indicating that funds entered the market, despite closing flat.

Index and Market Caps

The key performance index, at the end of day’s trading, shed a marginal 2.39ps, closing at 39,303.09bps after opening at 39,305.48bps, representing a 0.01% drop, just as market capitalization lost N2.06bn, closing at N20.57tr, also representing 0.01% value loss.

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.

Wednesday’s downturn was due to profit taking in UACN, PZ Cussons, Ardova, Guinness, Custodian Invest, Access Bank, Guaranty Trust Bank, FBNH, International Breweries, Neimeth Pharmaceuticals and FTN Cocoa, among others. This impacted mildly on Year-To-Date loss, which increased to 2.40%. The decline in market capitalization also increased YTD loss to N590.10bn, representing a 2.32% drop below its opening value for the year.

Bearish Sector Indices

Performance indexes across the sectors were down, except for NSE Oil/Gas that closed 5.26% higher, while Insurance led the decliners after shedding 3.23%, followed by Banking, Consumer and Industrial goods with 0.69%, 0.64% and 0.48% lowers.

Market breadth turned negative, as decliners outnumberedadvancers in the ratio of 22:19; with transactions in volume and value terms were mixed as stockbrokers crossed 259.51m shares worth N1.91bn, compared to the previous day’s 252.57m units valued at N1.77bn. Volume was boosted by trades in FBNH, Transcorp, Zenith Bank, Sovereign Trust Insurance and United Capital.

Consolidated Hallmark Insurance and Portland Paints were the best performing stocks, gaining 10% and 8.33% respectively, closing at N0.33 and N2.60 per share on market forces and sentiment. On the flip side, FTN Cocoa and Neimeth Pharm lost 10% and 8.95% respectively, closing at N0.36 and N1.78per share, on selloffs and market forces.

Market Outlook

We expect the mixed and positive trend to continue as investors continue reacting positively to impressive Q1 numbers in expectation of more earnings reports in the market this period besides the profit taking, even in the face of rising virus cases across the globe and high yields in fixed income space. We also expect continued portfolio realignments on the strength of the earnings performance released so far, and ahead of economic data like the 2021Q1 GDP report, and Purchasing Managers’ Index, among others.

Also, the market has moved out of its trading range, waiting to breakout the next resistance level of 39,412.15bps, while trading above the 14 and 20-Day Moving Average. Note that the market may discount the prospects of high cap companies and some blue chip stocks, ahead of their earnings reports.

However, the pullbacks offer bargain hunters and income investors fresh opportunities to reposition in high dividend yields and undervalued stocks, while looking out for quarterly numbers that would 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.

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/cautious-trading-yet-as-investors-await-major-2020q1-earnings-data-for-market-direction/

Today is a day for you and your hard work! Let us celebrate the success and struggles of your working life.

Wishing you a happy labour day!

Mindset Wisdom

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." Jim Rogers

While 10 to 15-year lows are not common, they do happen. During these times, don't be shy about going against the trend and investing; you could make a fortune by making a bold move or lose your shirt. Invest in an industry you've researched thoroughly. Then, be prepared to see your investment sink lower before it turns around and starts to pay off.

Sentiment Report for April 29, 2021

NGX buy 99% sell 1% volume index 0.83 MFI 61.81
Access buy 0% volume index 0.97 MFI 33.73
Aiico buy � volume index 1.42 MFI 80.32
Caverton buy 20% sell 80% volume index 2.27 MFI 12.91
Chiplc buy � volume index 4.34 MFI 44.09
Fbnh buy 25% sell 75% volume index 2.76 MFI 58.07
Fcmb buy � volume index 0.83 MFI 43.45
Fidelity buy 80% sell 20% MFI 53.80
Honyflour buy 0% volume index 0.78 MFI 68.15
Jagold buy � MFI 14.62
Lvstk buy � volume index 0.79 MFI 35.92
Mansard buy 67% sell 33% volume index 0.81 MFI 39.57
Mben buy 0% volume index 2.16 MFI 23.30
Nahco buy � volume index 2.16 MFI 30.64
Nem buy 0% volume index 1.56 MFI 20.94
Npf buy 0% volume index 2.25 MFI 57.90
Okomu buy � volume index 3.77 MFI 77.85
Regalins buy � volume index 0.86 MFI 53.68
Royalex buy � volume index 3.92 MFI 58.73
Sovrenins buy � volume index 4.86 MFI 53.43
Sterling buy � volume index 0.72 MFI 46.86
Transcorp buy 56% sell 44% volume index 2.33 MFI 81.72
Uacn buy 0% MFI 88.85
Uba buy 0% volume index 1.28 MFI 68.62
Ucap buy 0% volume index 1.34 MFI 54.34
Vitafoam buy � volume index 1.39 MFI 33.41
Wapic buy 0% volume index 0.86 MFI 46.26
Zenith buy � MFI 48.40

Investdata Daily Sentiment Report

Mixed Trend Yet, As Investors Review CBN Action On FBNH, Amidst Rush To Beat Q1 Report Deadline


Market Update for April 29

Equity prices closed higher on the Nigerian Exchange, Thursday, reversing the loss suffered in the previous session as investors reacted to positive and impressive earnings reports released so far to the market. The earnings have given an insight of a possible stronger first quarter GDP data that would be released by the National Bureau of Statistics, as more Q1 numbers expectedly hit the NGX platform on Friday, being the last trading session for any company to meet the regulatory deadline in line with its post-listing requirement.

The expected Q1 GDP and April Manager Purchasing Index reports from NBS and the Central Bank of Nigeria respectively would also give a direction as to where the economy is headed, besides supporting the seeming recovery as market players realign their portfolios also on the strength of scorecards flowing in.

As the NGX index action breaks out another resistance level of 39,412.15 on the back of positive earnings from Okomu Oil Palm, UACN, Vitafoam, Fidson Healthcare, Julius Berger, May and Baker, as well as Access Bank, among others. This has been aided by buying interests in high cap stocks like Dangote Cement and MTNN that pushed the market higher on price appreciation.

The positive sentiments at the end of the Thursday’s trading, with money flow index still above 60points, and oil price oscillating above $64 per barrel, with forecast that it could touch $80pb by the second half of this year, the market is likely to close positively this month and quarter all things being equal. History is about to repeat itself again as revealed by investdata’s 20-year market data analysis which shows the month of April and Q2 as a period of position taking on the Nigeria equities market.

These Q1 numbers and unfolding events in the economy should provide a clear direction for the purpose of repositioning your portfolios ahead of qualification dates in the new month, just as the market would, expectedly, further react to the face-off between FBN Holdings and the CBN. Already, FBNH’s share price suffered a 6% loss on Thursday.

All things considered, Investdata urges investors to play the market wisely by letting investment goals guide their decisions, especially entry and exit strategies necessary to ensure they not only survive, but profit from the expected new trend. Be guided also by current price patterns and money flow index now supporting a trend continuation as funds continue entering the market, just as we expect Friday’s trading to confirm direction.

Thursday’s trading opened on the upside after midweek’s pullback on Dangote Cement’s price adjustment for dividend declared by its directors, as well as the sustained uptrend throughout the session on buying interests across high, medium and low cap stocks. This was due to positive earnings that pushed the NGX index to an intraday high of 39,468.34 basis points, from its low of 38,738.06bps, after which the index closed higher above its opening level at 39,461.20, bps on a less than average traded volume.

The day’s market technicals were positive and strong, with volume traded higher than previous day’s in the midst of positive breadth and buying pressure, as revealed by Investdata’s Sentiments Report showing 99% ‘buy’ volume and 1% sell position. Total transaction volume index stood at 0.83 points, just as momentum behind the day’s performance was relatively strong as Money Flow Index read 61.81pts, from the previous day’s 63.61pts, indicating that funds left the market, despite the up market.

Index and Market Caps

At the end of Thursday’s trading also, the composite index gained 679.72ps, closing at 39,461.20bps after opening at 39,303.09bps, representing a 1.8% growth, just as market capitalization was up by N355.73bn, closing at N20.65tr, also representing 1.8% 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.

Thursday’s upturn resulted from buying interests in Dangote Cement, MTNN, Zenith Bank, Okomu Oil, Vitafoam, Julius Berger, Fidson, UACN, and Africa Prudential, among others, which impacted positively on Year-To-Date loss that reduced to 2.01%. The decline in market capitalization YTD loss stood at N354.10bn, representing a 1.86% drop below its opening value for the year.

Mixed Sector Indices

Performance indexes across the sectors were mixed, as NGX Banking and Consumer goods closed 1.30% and 0.20% lower respectively, while Industrial goods led the advancers after gaining 3.58%, followed by Insurance 1.36% higher.

Market breadth turned positive, as advancers outpaced decliners in the ratio of 24:17; with activities in volume and value terms were up as players traded 270.68m shares worth N2,03bn, compared to the previous day’s 259.51m units valued at N1.91bin. Volume was boosted by trades in FBNH, Transcorp, Ekocorp, Sovereign Trust Insurance and Access Bank.

Julius Berger and Fidson Healthcare were the best performing stocks, gaining 10% each, closing at N20.90 and N5.28 per share on positive sentiment and impressive earnings. On the flip side, Computer warehouse Group and Mutual Benefits Assurance lost 9.84% and 7.5% respectively, closing at N2.29 and N0.37per share, on selloffs and profit taking.

Market Outlook

We expect the mixed trend still, as investors react to CBN and FBNH saga in the midst of positive earnings, in expectation of more Q1 corporate earnings reports, besides profit taking, even in the face of rising virus cases across the globe and high yields in fixed income space. We also expect continued portfolio realignments on the strength of the earnings performance released so far, and ahead of economic data like the 2021Q1 GDP report, and Purchasing Managers’ Index, among others.

Also, the market has moved out of its trading range, waiting to breakout the next resistance level of 39,412.15bps, while trading above the 14 and 20-Day Moving Average. Note that the market may discount the prospects of high cap companies and some blue chip stocks, ahead of their earnings reports.

However, the pullbacks offer bargain hunters and income investors fresh opportunities to reposition in high dividend yields and undervalued stocks, while looking out for quarterly numbers that would 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 bonds and TB.

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/mixed-trend-yet-as-investors-review-cbn-action-on-fbnh-amidst-rush-to-beat-q1-report-deadline/

Questions and Answers with Ambrose Omordion as at 1st May, 2021

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I just posted Questions and Answers with Ambrose Omordion as of 1/05/2021.

Don't forget to share with me what you think about the Video.

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Ambrose Omordion


https://www.youtube.com/watch?v=lxgI7QLASjw

NGX Rebounds On Buying Interests, Positive Sentiments For Q1 Earnings, Corporate Actions


Market Roundup for April 2021

Transactions on the Nigerian Stock Exchange closed positively on Friday to end the month of April higher, thereby halting two months of correction and pullbacks on renewed buying interests and positive sentiments, with investors reacting positively to corporate actions, while weighing the outpouring of Q1 numbers in the midst of rising inflation and yields in the fixed income space.

History repeated itself again this year, as the transactions on the Nigerian Exchange Limited (NGX) closed positive for the month of April, confirming a 20-year market data analysis of INVESTDATA research. According to the data, the month of April and, indeed, Q2 over the years, have remained a period of position taking on the Nigerian equities market, closing in the green for 12 of the 20-year period, and down in eight years.

Meanwhile, the influx of Q1 financials, few second and third quarter numbers, coupled with unaudited full-year March accounts boosted market recovery this year.

The candlestick pattern that represents the month’s trading activities fully consumed the pattern in the month of March, while technically forming a bullish engulfing and hammer candle that supports a reversal and uptrend. This is therefore signaling the beginning of a short bull-run in the new month, depending on market forces.

Combining this fact with the current situation in the market, we conclude that the market has a stronger possibility of rallying in the month of May, apart from the rising Treasury Bill rates and bond yields that remain threats to the equity prices. Investors reaction to the first quarter numbers recently released and the qualification dates for dividends will determine how far the market will go in this new month.

Nevertheless, we note that economic fundamentals are still mixed and dicey, as all eyes are on such data as the Q1 GDP report, April inflation, Purchasing Managers’ Index, and indeed, the outcome of this month’s Monetary Policy Committee meeting, given the new realities, will go a long way in influencing market performance. We see the on-going fasting and abstinence during the Islamic month of Ramadan by Muslims across the globe, and the usual food scarcity that normally characterize planting season, further impacting Nigeria’s inflation rate negatively. We expect a significant positive adjustment in food inflation, especially with the rising insecurity challenges that have driven farmers off their farms and businesses.

The NGX recorded 20 trading sessions during the month under review, to close higher, with the composite NGX All-Share index oscillated, with 12 trading days of up market, and eight sessions of down market during the period. The benchmark index gained 795.15 points, closing at 39,834.42bp after breaking out the resistance levels of 39,412.30and 39,686.43 from its 39,045.13bp opening level, representing 2.02% growth over the period.

The buying volume of total transactions for the month was 100%, halting the previous months’ down market, as volume index for the period stood at 0.79, while market capitalisation recording N42bn growth to N20.85tr, from an opening value of N20.43tr, representing 2.02% appreciation in value. The market had positive sentiments and reactions to the audited financials and Q1 scorecards that beat investors and analysts’ estimates. The month’s traded volume was down by 37.87% at 5.43bn shares, from 8.74bn units in the previous month.

The NSE All-Share index’s year-to-date loss position stood at 1.08%, just as market capitalisation adjusted down to N209.88 billion representing 0.99% lost YTD from the opening value.

Market breadth for April was however negative as decliners outpaced advancers in the ratio of 51:39 to short-lived the bear transition, reflecting the mixed economic data, positive sentiments and the barrage of first quarter earnings reports that hit the market. The earnings reports were impressive and higher than market expectations, especially such sectors as Healthcare, Agro-Business, Industrial goods, Telecommunication, Energy, few from Banking and consumer goods. They helped the major index to close positively, except for Banking index that was down on the performing sectors chart for April.

The sectoral performance chart below shows that premium stocks propelled the market the most in the period under review, gaining 6.93%, compared to 2.02% rally recorded by the benchmark NGX All Share Index. It was followed by the NSE pension which rose by 3.56%, reflecting investor confidence in dividend paying stocks, especially blue chip companies and their resilience over the years; ahead of the NSE industrial goods index, which moved 3.06% up.

This was attributed to the high payout and impressive numbers after it led 2020 price rally in the large cap companies and sector, amidst the relatively low Price-To-Earnings attraction in the market. Other indexes that closed green during the month were: NSE Consumer goods, Energy NSE 50 Index, NSE 30, and NSE Growth. On the flip side, the NSE Banking index took the lead with its 4.76% slip; followed by NSE Insurance with1.49%.


Best Performing Stocks for April

The month’s best performer was Royal Exchange Assurance, whichis one of the major low price stocks benefiting from the recapitalization activities in its sector, as the market expects it 2020 full year and Q1 2021 results, as thestock closed the month better by gaining a significant 89.29% of its opening price for the month. It was followed by Linkage Assurance, which chalked 41.67%; while Japaul Gold took 36.36%; and Consolidated Hallmark Insurance, 30%.

Low cap companies dominated the top gainers for the month included: Meyer 26.83%; Transcorp, 15.38%; among others.


Source: NGX, Investdata Consulting
Worst Performing Stocks for April

The top losers table was led by NCR, which shed 18.64%, on the back of its obviously unimpressive performance, just as market forces and mixed sentiment dragged Unity Bank down by 17.33%; while Caverton Offshore declined by 14.98%; Guinness Nigeria, 14.24%; and GSK, 13.89% on the back of low dividend payout and unimpressive Q1 numbers.


Source: NGX, Investdata Consulting
Technical View on Monthly Time Frame

NGX index action resisted decline technically in the month of April, as it formed a bullish engulfing and hammer candlestick that support reversal and uptrend depending on market forces in the new month. The renewed buying interest and positive sentiment for the financials are likely to continue. The inflow to equity assets as revealed by money flow index supported the seeming reversal on smart money reposition their portfolios.

Where To Invest And Expectations For the Rest of Q2

The global economy and market remain mixed as vaccine driven economic recovery across climates continue, with the World Bank recently upgrading its economic growth outlook based on the ongoing vaccination and government polices at different level.

Back home, the seeming economic recovery and mixed indicators are likely to continue in the new month as we expect moreeconomic data and the events to confirm the real state of the nation’s economy as implementation of the 2021 national budget continues. This will be helped by the CBN’s continued intervention in critical sectors to boost productivity needed to create employment and support recovery. Reasons for this are not far-fetched, given the impact of Covid 19 and insecurity in the system.

In May, we expect the release of April consumer price index (CPI) by the National Bureau of Statistics (NBS) that would likely show that inflation is rising further; just as the CBN’s Purchasing Managers Index (PMI) for April is equally expected in this May. The nation’s GDP is also expected this month and would confirm the true state of the economy.

As corporate earnings reporting season has been extended to May and June for the few March year-end accounts, the fundamentals of these earnings and dividend declaration will support the ongoing positive outlook in market. Also, we note that many high cap stocks have this month as their qualification and mark down dates, a situation that will keep the market oscillating and at the same support recovery.

Traders and investors who understand the importance of combining fundaments and technical analysis in making investment decisions in the stock market should take this opportunity to position in some sectors for medium and short-term gains, especially the banking, telecom, Industrial,agribusiness and consumer goods after a carefully study of recent numbers beingmade available to the market.

What to expect in May and June

Release of more quarterly and full year earnings. Earnings from blue-chip companies may strengthen market fundamentals in May.
Continuation of oscillating trend of equity prices as a result of repositioning of portfolio along the line of positive numbers and profit taking. Also the second half of this year will likely be dominated by positive sentiment.
Market outlook for May is mixed but remain dicey, in line with popular saying that traders always “sell in May and come back in October,” which may not be applicable in the current trend of our market that has changed in the last five years. In the Nigerian market, the month of May has closed positively in 13 times over the 20 years. But with the impressive Q1 numbers so far; the oil price oscillating above $64 per barrel in the global market and the CBN intervening in the FX market to create stability.
The sustained low valuation in the market may trigger high demand for stocks as players realign their portfolios. However, there is need to invest wisely, using bids, offers and volume when taking decisions as a trader.

Managing risks and protecting capital at this point is very important, so you will determine when to buy or sell, by watching the stocks and the market, using technical analysis. Look for investdata daily sentiment timing report and home study video packs
Let numbers released by the companies guide your decision and time to stay in that position.
Full-year earnings reports of March year-end companies will start hitting the market this month until June.
As the market phase is changing, it is time to combine fundamentals and technical tools to take decision by knowing the support and resistant levels to reposition or exit any position. You must know the cycle it, or particular stocks therein are to successfully manage your trading and investment risk. For stocks that should be on your shopping list to buy in these seasonal changes as the year unfolds, sign up to INVESTDATA BUY AND SELL signal setup by calling 08032055467.

Get your home study pack and videos of the INVEST 2021 Investment opportunitiesSummit and ride with the current state of Nigeria’s stock market and economy, thereby ensuring that you invest and trade with knowledge.
Comprehensive Stock Market trading materials on stock Trading and Investing for Financial Independence, profitable trading and others are Available, you can play and watch on your mobile phone, laptop, desktop and TV set. Kindly call or send yes to 08028164086 or 08111811223.

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/ngx-rebounds-on-buying-interests-positive-sentiments-for-q1-earnings-corporate-actions/

WORDS TO TRADE BY

"No one can see ahead three years, let alone five or ten. Competition, new inventions - all kinds of things - can change the situation in twelve months."

-Thomas Rowe Price, Jr.

The market is fluid. It's constantly ebbing and flowing like the tide. Anyone who claims they can predict what the market will do years from now is selling snake oil.
But with proper research and an understanding of market timeframes, a trader can see upcoming changes on a daily basis.
Don't try to be a financial prophet. Stick with what you know about in the here and now. Watch market trends and adjust your trading strategy accordingly. Remember that you're in this for the long run.

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!

Questions and answers with Ambrose Omordion as of 8th May, 2021

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I just posted Questions and Answers with Ambrose Omordion as of 08/05/2021.

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https://www.youtube.com/watch?v=LbnDWmClDS8

Ambrose Omordion

Big Announcement I Promised

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the different posts, I have been sending for the past days…

Especially regarding the foundational edifice on which any investor or trader's knowledge should be based on. Without this foundation, it will be practically impossible to get the best out of the market. That is, it will be like a trial and error; experimenting with your hard-earned money and time.

Hence, I hereby announce The Comprehensive Stock Trading Videos. This is a set of training videos that will teach you a comprehensive analysis of how the market operates whether you are a novice, intermediate and advanced Trader.

Apart from that, it will also open doors of investment opportunities because you will be able to make investments decision not based on emotion or prejudice but based on facts and figures made available by both fundamental and technical analysis.

Hence, click on the below link to get the comprehensive information then decide if it is right for you.

https://workshop.investdataonline.com

However, This is ONLY available for the next 2 weeks precisely 27th May 2021... So decide if you are in or out.

Dedicated to your Financial Success
Ambrose Omordion

P.S. (When you see the price you might agree with my team that I've gone a little overboard, but rest assured, it won't stay at this incredible rate for long!).

Click on the below link for access

https://workshop.investdataonline.com

Sentiment Report the week ended May 7, 2021
NGX buy 19% sell 81% MFI 23.44
Access buy 94% sell 6% volume index 1.99 MFI 27.41
Afrprud buy 0% MFI 18.52
Aiico buy 57% sell 43% MFI 71.98
Ardova buy 0% MFI 22.72
Cadbury buy � MFI 18.81
Caverton buy 88% sell 12% MFI 56.71
Chams buy � MFI 29.85
Chiplc buy 67% sell 33% MFI 47.99
Conoil buy � volume index 1.18 MFI 28.99
Corner buy � MFI 28.77
Courtville buy 0% volume index 2.65 MFI 42.34
Custodian buy � MFI 45.19
Dangcem buy 0% MFI 50.88
Dangsugar buy 93% sell 7% MFI 12.20
Eterna buy 0% MFI 87.98
Eti buy � MFI 20.22
Fbnh buy 93% sell 7% volume index 1.36 MFI 54.11
Fcmb buy 74% sell 26% volume index 1.59 MFI 21.24
Fidelity buy 80% sell 20% MFI 24.89
Ftn buy � MFI 19.06
Glaxo buy 25% sell 75% MFI 33.29
GT buy 29% sell 71% MFI 45.10
Honyflour buy 36% sell 64% volume index 0.96 MFI 52.30
Jaiz buy 50% sell 50% MFI 40.68
Jagold buy � MFI 28.62
Jberger buy 0% volume index 1.27 MFI 26.74
Lasaco buy 0% MFI 74.15
Linkass buy � volume index 1.89 MFI 72.73
Lvstk buy 37% sell 63% MFI 34.43
Mansard buy 56% sell 44% MFI 10.36
Maybaker buy � MFI 62.79
Mben buy 0% MFI 38.99
Mtnn buy 7% sell 93% MFI 81.85
Nahco buy 83% sell 17% MFI 42.97
Neimeth buy 0% MFI 27.16
Nem buy 0% volume index 8.06 MFI 28.98
Npf buy 52% sell 48% volume index 1.38 MFI 39.94
Oando buy � MFI 50.87
Pz buy 25% sell 75% volume index 0.71 MFI 63.13
Red buy 0% MFI 26.99
Regalins buy 50% sell 50% MFI 50.34
Royalex buy � volume index 0.93 MFI 46.26
Seplat buy � volume index 0.79 MFI 86.34
Sovrenins buy � volume index 1.30 MFI 54.66
Stanbic buy 40% sell 60% MFI 48.73
Sterling buy 94% sell 6% MFI 22.83
Total buy � volume index 4.52 MFI 57.15
Transcorp buy 44% sell 56% MFI 25.27
Uacp buy 0% MFI 61.00
Uacn buy � volume index 1.10 MFI 79.26
Uba buy 25% sell 75% MFI 20.78
Ubn buy � MFI 30.08
Ucap buy 88% sell 12% MFI 45.98
Unilever buy 17% sell 83% MFI 31.95
Unity buy 60% sell 40% MFI 98.61
Wapco buy 25% sell 75% volume index 1.35 MFI 22.27
Wapic buy 25% sell 75% volume index 0.89 MFI 39.47
Wema buy 0% MFI 6.99
Zenith buy 69% sell 31% volume index 0.84 MFI 41.08

Investdata Weekly Sentiment Report

Your Today's decision will determine your direction and ultimately your destiny

Ambrose Here Again...

“More than anything else, I believe it is our decisions, not the conditions of our lives, that determine our destiny.”–Tony Robbins

Fate is what puts opportunities (finance, career, etc) in front of us but your destiny is ultimately determined by your decisions. ... Your destiny is not something you can sit by and let happen to you. We need to take action on the opportunities you are presented with.

Simply put, decisions have incredible power over our lives. Think of all the aspects of your life you’re thrilled about and the aspects you were not so thrilled about. All of which have one thread in common - they are all the result of the decisions you’ve made.

So if decisions have such great power to shape your life– to change the way you’re thinking, change the way you’re feeling – why don’t you use this power? Why do you put off making decisions? The biggest reason is fear. You often avoid making decisions because you’re afraid of failing.

The truth is, if you make the wrong decision, at least you’ll find out quickly, and correct it. You are never going to know by sitting on the fence.

Now the question is why are you afraid to take that bold step and make that decision regarding that thought that keeps coming to your mind, and then despite the obvious fact that life is now turning into a new normal.

However, the hardest part about pursuing your dreams is deciding to do so. After that, it is easy. It is being on the fence that makes you feel frustrated and unhappy.

Today, challenge yourself to let go of the fear. Let go of your desire to be perfect and make one decision.

Here is also another decision you would not regret making. That is by Investing in your Financial power.

So, tomorrow, there is going to be a big announcement that will transform your entire approach towards trading!!. I hope you are ready for it?.

Dedicated to Your Financial Freedom
Ambrose Omordion

NGX Capitalisation Sheds N480bn, In Aftermath of Markdowns, 11Plc Delisting


Market Update for the Week Ended May 7 and Outlook for May 10-14

The first trading week of May after the public holiday ended mixed and bearish, amid profit taking and price adjustments for corporate actions that dominated the period on a low traded volume. Investors continued to reposition their portfolios on the strength of better-than-expected Q1 numbers recently presented to market.

These corporate earnings boosted investing public confidence, supported the mixed sentiments and buying interests witnessed in the general market, just as some sectors with strong potentials to grow their earnings in the quarters ahead, and outperform the composite Nigerian Exchange’s All-Share index (NGXASI).

Fundamentally, it is believe that equity markets move in cycles, just as stock prices respond to earnings reports on the short to long-run, besides changes brought about certain factors that do occur within the period. In other words, equity price movements follow patterns and trends which enable technical traders or analysts follow trends or forecasts since they repeats themselves. As such, you need to target factors that drive market cycles, equity trends and patterns by fixing your gaze on market forces.

It is necessary to state here, as revealed by market data, that the April-May cycle, especially Q2 of the Nigerian stock market is for position taking, or buying for the year, based on previous full-year and current Q1 earnings season, both of which offer insights into what to expect in the ongoing financial year. It is common knowledge that market reactions to the last quarterly earnings season in a bull or bear cycle depends on factors like liquidity, sentiment and state of the earnings.

Other very important seasons are the half-year results and third quarter earnings reports which help to determine whether the companies maintain positive trends in their numbers, if the earnings are trending up or down to give insight of what is likely to happen when the audited 2022 accounts start flowing in. It becomes the responsibility of investors to keep a tab on the second and third-quarter earnings as they are released to the market.

Just as it has always been, 2021 has, so far, not been any different judging with the first quarter results already released. As expected, savvy investors in the Nigerian equity market should gear up for critical analyses, leading to serious actions and position taking for the best of returns in sectors and stocks in the second half of this year.

One could wonder why investors and market operators alike should focus on half-year results. Put different, why are second and third-quarter results so important to the market? The confirm trends, consolidation of numbers and potential to deliver on dividend expectations, while supporting price, in addition to revealing the financial health of the companies.

Movement Of NSEASI

The benchmark NGXASI witnessed a bearish dominance for three of the week’s four trading sessions under consideration, on a selling pressure and portfolios rebalancing, thereby halting two weeks of positive outings. The impressive Q1 scorecards and low price attractions of many undervalued stocks as earnings improved, reducing price to earnings ratios of the market and individual stocks. The current low price to earnings ratio in the market reveals the prevailing value as the nation’s economic recovery continues despite the lingering security challenges across the country, among others.

Transaction for the week opened slightly negative with a 0.08% loss, thereby short-living the previous session’s uptrend, a trend that was sustained at the midweek and again on Thursday on the back of price markdowns for dividends declared by their boards. There was also the effect of profit-taking from the recent rally that saw the NGX index declining by 0.92% and 0.84% respectively, after which there was an upward reversal on Friday, when the index recovered 0.21% on positive sentiments and buying interests. This bought the week’s total loss to 1.60%, from the previous week’s cumulative 0.43% gain.

In all, the key performance NGXASI lost 635.67 basis points from the 38,834.42bps it opened, after touching intra-week low of 38,875.66bps, before closing the week at 39,198.75 on selling and mixed sentiments. During the period also, market capitalization shed N420bn, closing at N20.43tr, from the previous week’s N20.85tr, a drop that was boosted by the week’s delisting of 11 Plc from NGX Daily official list.

Low and medium cap stocks dominated the advancers’ chart during week, with investors repositioning their portfolios and reacting to the Q1 earnings released, after earnings performance from high cap equities beat expectations amid price adjustment for dividend in Berger Paints, Linkage Assurance, Lafarge Africa, MTNN, Eterna, Seplat, NPF Microfinance and Courteville Business Solution. Also, trading and price actions revealed the presence of profit takers and buyers in some sectors with Q1 numbers that beat investors’ expectations.

The week recorded negative breadth as decliners outnumbered advancers in the ratio of 37:31 on buying sentiments and relatively weak momentum, just as Money Flow Index read 24.21bps, down from 33.50 points in the previous week. During the week also, Seplat released its Q1 numbers, offering an interim dividend of 2.5cent to investors whose names are in its register before the close of business on May 12, 2021.

NSEASI WEEKLY CHART MOVEMENT

The NGX index witnessed a pullback last week on markdown for dividend and profit booking during week in the midst of the ongoing portfolio repositioning on the strength of Q1 earnings reports that beat market expectations.

Going forward, all eyes are on the April inflation report, Purchasing Managers’ Index and Q1 GDP 2021 in the face of rising fixed income yields. There is also an increased volatility rate in the midst of changing price patterns and trading environment, while investors continue accumulating positions in undervalued and growth stocks.

Also, we note that the index has formed a bearish engulfing candlestick that signals a continuation of bear trend on a weekly chart, depending on market forces in the new week. We observe that volume traded was low, as the daily timeframe chart signals a bottom that needs confirmation on Monday. This is likely to continue, depending on how investors react to the Q1 numbers in the remaining sessions of the month.

Nevertheless, we see the market maintaining a mixed trend, especially as investors await key economic data and the March year-end corporate earnings reports, just as the index continues trading above the 39,000 basis points.

The strong support level to watch out for on the NGX is within the 39,000bps and 38,845.16bps, and a breakdown of these levels will attract new positioning by traders and support stronger recovery. This is happening at a time crude oil is approaching $70 per barrel level at the international market, while the Covid-19 vaccination is on a high gear at the global and domestic levels, despite few climates suffering the second wave hit of Covid-19. As positive economic data from US and China support oil prices.

However, we envisage a mixed outlook for the rest of Q2, while not ruling out profit booking and repositioning of portfolios especially after the market recorded a sharp uptrend in 2020.

Our expectation of a mixed outlook is hinged on such factors as the possible impact of corporate earnings, ongoing vaccination, mismatch of monetary and fiscal policies, implementation of the 2021 capital budget, as well as implications of oil prices oscillating on the nation’s revenue. We note too, that impact of the Money Flow Index and MACD are bearish on a weekly chart, but bullish on daily time frame.

Mixed Sectoral Indices

Performance indexes across the sectors were mixed, as NSEOil/Gas, Consumer Goods and Banking closed 5.98%, 0,62% and 0.62% higher respectively, while the NSE Insurance led decliners after losing 2.20%, followed by Industrial goods with 1.60%.

The general market’s outlook remains mixed in the short and long-term following which investors should take short and medium-term positions, while diversifying their portfolios along long-term trades to protect capital. This, they can do, by considering sectors with high upside potentials on the strength of earnings and policy influence.

Activities in volume and value terms were mixed as players exchanged 1.42bn shares worth N15.92bn, compared to the previous week’s 1.44bn units valued at N10.88bn, with the week’s volume was driven by trades in Financial Services, Industrial goods and Consumer goods sectors. Volume was driven by Access Bank, FBNH, Zenith Bank, Lafarge Africa and Transcorp.

The week’s best performing stocks were Royal Exchange Assurance and Sovereign Trust Insurance, which gained 22.64% and 17.39% respectively, closing at N0.65 and N0.27 each on market forces. On the other hand, Linkage Assurance and Courteville Business Solution lost 18.82% and 13.04% respectively, at N0.69 and N0.20 per share on price adjustment for dividend and bonus.

Market Outlook

We expect the mixed trend to continue as portfolio rebalancing and profit taking persist, just as market expects economic data like April Inflation, PMI and Q1 GDP in the face of rising fixed income market yields. Also, the pullback offers new entry opportunities for traders and investors to reposition in value and underpriced growth stocks, while companies with March year-end accounts release their unaudited and audited full-year numbers to support recovery in the new month. 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 oscillating 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 galloping inflation.

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

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/ngx-capitalisation-sheds-n480bn-in-aftermath-of-markdowns-11plc-delisting/

Sentiment Report for May 10, 2021

NGX buy 54% sell 46% volume index 1.08 MFI 64.61
Access buy � volume index 0.88 MFI 74.09
Fbnh buy 50% sell 50% MFI 46.86
Fcmb buy � volume index 1.43 MFI 76.99
Fidelity buy 83% sell 17% MFI 83.33
Fmn buy � volume index 2.57 MFI 0.00
Ftn buy � volume index 0.77 MFI 38.90
Glaxo buy 0% volume index 3.80 MFI 43.78
GT buy 67% sell 33% MFI 71.74
Honyflour buy � MFI 49.59
Jagold buy 0% volume index 1.02 MFI 24.04
Learn buy 0% volume index 2.28 MFI 21.76
Lvstk buy 80% sell 20% volume index 1.83 MFI 46.46
Mansard buy 17% sell 83% volume index 2.73 MFI 48.85
Mben buy � MFI 27.00
Nahco buy 0% volume index 1.96 MFI 39.70
Neimeth buy 0% volume index 4.63 MFI 29.70
Nem buy 80% sell 20% MFI 11.98
Oando buy 67% sell 33% volume index 2.33 MFI 37.54
Okomu buy 0% volume index 2.76 MFI 100.00
Regalins buy � volume index 1.38 MFI 53.57
Royalex buy � volume index 2.14 MFI 77.78
Stanbic buy 0% volume index 1.69 MFI 27.99
Sterling buy � volume index 1.42 MFI 43.25
Transcorp buy 56% sell 44% volume index 0.91 MFI 80.17
Uacn buy � MFI 56.18
Uba buy 75% sell 25% volume index 1.47 MFI 58.07
Ubn buy � MFI 73.77
Ucap buy 67% sell 33% volume index 3.58 MFI 69.66
Unity buy 0% volume index 3.86 MFI 54.46
Wapco buy 63% sell 37% MFI 48.50
Wapic buy 33% sell 67% volume index 0.74 MFI 82.93
Wema buy 33% sell 67% MFI 64.02
Zenith buy 43% sell 57% volume index 2.27 MFI 71.84

Investdata Daily Sentiment Report

WORDS TO TRADE BY

"If you don’t know who you are, this is an expensive place to find out."

―George Goodman

The stock market is a terrible place to learn about yourself. If you don't already know your strengths and weaknesses, don't expect the market to be a good teacher.

That's because the market is an institution that collectively responds to fear, hope, despair, excitement, and greed.

The market will leverage your fear and snatch away your profits before you even know what happened.

In the same way, it will take advantage of your excitement and send your account into the trashcan in a heartbeat.

Before you get serious about trading, get serious about who you are and how you plan to manage your emotions.
Then, and only then, can you move forward toward future success?

To form a dividend portfolio https://a2-finance.com/ for the long term, the following indicators are important:

A level of projected stock returns above 10%.
Steady growth in the value of securities in the long term.
Sometimes it happens that an investor buys a high-yielding stock on which he then receives regular dividends over a certain period, but the value of the security declines at that time. When the investor decides to sell the assets, he finds himself at a loss, even though he was previously receiving steady payouts.

Eid days are destined to celebrate the
achievements and the goals that make you glad.
The ideals you have faith in, the dream you like the best.

May Allah bless you and your loved ones with peace,
prosperity, and happiness.

Eid Mubarak!

"What we find changes who we become" says peter morville.

These days when we walk down the street or are caught up in a grid lock that most lagosian is used to. More often than not 1 out of 10 vehicles we come across might be carrying a US plate number and as your mind is trying to fathom the reason for this trend. There goes another one with a California number plate.

And you continue to wonder whats going on... Has Nigeria start giving out US number plates, you ask yourself?

Then no more gridlock, you find a way out and as you drive towards your office the thought stay glued to your mind and at one point or the other you try to look at the number plate of some cars in front of you to further clarify the erroneous thoughts.

Just as you expected, ahead of the car in front of you was a Toyota Corolla with Ohio number plate. Umm na wa o "you murmured"

Somehow you manage to stop looking at cars number plates as you continue the drive to your place of work but as soon as you arrive the office gates waiting for the gateman to open the gates, you could hear the sound of a stereo and as you turn to see where it's coming from, It was a brand new range rover sport with a Texas number plates which you quickly grab because somehow your attention has been fixed on number plates since morning.

The gates was pushed open and as you drive in, you signal to the gateman to come. And then out of curiosity coupled with the feeling of a worried uninformed mind. You asked the young man the worrisome question of yours. Why are there so many cars with US plate number in Lagos these days?. Then he blurted out "Oga na so we see am o, e con be like say na everybody get person for abroad they just dey send motor come house anyhow.. e even get one guy" It's okay you cut him off.

Wow so that's what's going on. People are sending cars home you keep on thinking about this new found revelation.

Well Mr. you are not alone, Importing cars from US shouldn't be a big deal and the many cars you see out there in there large numbers belong to smart dealers who know the truth about US importation business. Don't be left out in this new era business.

If you would like to know more about how you can start your own Car Importation business directly from united States of America.

Click the below link

viaalexconsults@gmail.com

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 15/05/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/83115932047?pwd=VmNSOTliVDFxbVZOTHVXSWdid0U5Zz09

Or

Meeting ID: 831 1593 2047
Passcode: 650298

Ambrose Omordion

WORDS TO TRADE BY

"One way to keep momentum going is to have constantly greater goals."

―Michael Korda

Don't stop here. Keep climbing. Continue to push ahead.
Even with the inevitable setbacks, you're on your way up!
The momentum is in your favor.

Start with the year, and work your way down to the trade.
Having better Thursdays every week will lead to more positive momentum!

Nothing can stop you if you keep expanding your goals and pushing for higher levels of success.

On the Rock or Sand. The Choice is yours to Make.

Ambrose Here Again,

Recently, I posted regarding the Comprehensive Stock Trading Videos and I am very excited because traders and investors across the different categories are already getting it.

What surprised me most was the fact that professional investors and Traders are the ones investing more in themselves because they understand the fact that the money they currently have is an exchange for the service they rendered all this years.

So, if they become careless with it, then they have wasted their time and life for nothing. As a result, they do everything in their power to acquire more knowledge on a consistent basis because Stock knowledge and information is key to your success in the financial Market. So, a complete ability to understand the full picture of how the market is going to turn out is very important. Also this was exactly where I started too.

So, as a serious investor who don't want to build the foundation of his or her investment on the sand but on the rock, get your Comprehensive Stock Training Videos while it is still hot in your mind.

Register for the launch price below before it doubles on or before 27th May, 2021.

Click on the below link

https://workshop.investdataonline.com


Dedicated to Your Financial Success,
Ambrose Omordion

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 15/05/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/83115932047?pwd=VmNSOTliVDFxbVZOTHVXSWdid0U5Zz09

Or

Meeting ID: 831 1593 2047
Passcode: 650298

Ambrose Omordion

Questions and Answers with Ambrose Omordion as of 15th May, 2021


Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 15/05/2021.

Don't forget to share with me what you think about the Video.

Also, Click on subscribe button so that you can be among the first to get the latest update.



https://www.youtube.com/watch?v=obRon3eWkv0


Ambrose Omordion

WORDS TO TRADE BY

"In investing, what is comfortable is rarely profitable."

―Robert Arnott

To realize significant gains, you may have to step outside of your comfort zone at times.
Know the limits of your comfort zone and practice getting outside of it in small doses.
As much as you need to know the business, you also need to know yourself.
In this kind of self-analysis, there is no place for arrogance.
The best investing plan can turn out to be the worst if you don't have the fortitude to see it through.

Sentiment Report for the weekend May 14, 2021

NGX buy 96% sell 4% MFI 29.41
Abc buy � MFI 36.22
Access buy 78% sell 22% volume index 0.86 MFI 36.83
Afrprud buy 91% sell 9% MFI 23.95
Aiico buy � MFI 75.21
Caverton buy 0% MFI 46.76
Chams buy 0% MFI 34.43
Chiplc buy � volume index 2.89 MFI 63.32
Corner buy � MFI 36.14
Courtville buy 0% volume index 0.79 MFI 46.04
Cutix buy 31% sell 69% MFI 29.81
Dangcem buy � MFI 56.41
Dangsugar buy � MFI 15.32
Eterna buy � volume index 0.95 MFI 87.49
Fbnh buy 25% sell 75% MFI 59.95
Fcmb buy 92% sell 8% MFI 42.57
Fidelity buy � MFI 31.04
Fmn buy � MFI 42.07
Ftn buy � MFI 24.15
Glaxo buy 0% MFI 34.67
GT buy 67% sell 33% MFI 38.01
Honyflour buy 12% sell 88% MFI 28.78
Jaiz buy 0% MFI 22.71
Jagold buy 20% sell 80% MFI 34.68
Learn buy 0% MFI 46.30
Linkass buy 0% MFI 77.41
Lvstk buy 50% sell 50% MFI 41.76
Mansard buy 75% sell 25% MFI 11.05
Maybaker buy 0% MFI 41.49
Mben buy 50% sell 50% MFI 46.14
Mtnn buy 0% MFI 80.64
Nahco buy 83% sell 17% volume index 0.98 MFI 42.43
Neimeth buy 0% MFI 28.84
Nem buy � MFI 27.83
Oando buy 13% sell 87% MFI 56.63
Okomu buy 0% volume index 1.86 MFI 42.69
Presco buy � volume index 3.07 MFI 33.45
Regalins buy � MFI 57.23
Royalex buy � volume index 0.86 MFI 57.83
Sovrenins buy � MFI 58.87
Stanbic buy 56% sell 44% MFI 58.63
Sterling buy 0% MFI 26.86
Total buy � volume index 1.24 MFI 70.73
Transcorp buy 44% sell 56% MFI 33.47
Uacp buy � MFI 73.30
Uacn buy 50% sell 50% volume index 1.79 MFI 80.33
Uba buy 80% sell 20% MFI 26.52
Ubn buy 30% sell 70% MFI 50.78
Ucap buy � volume index 0.78 MFI 44.65
Unity buy � MFI 98.35
Vitafoam buy � MFI 37.39
Wapco buy 11% sell 89% MFI 28.42
Wapic buy 0% MFI 33.41
Wema buy 0% MFI 7.05
Zenith buy 83% sell 17% MFI 49.37

https://investdataltd..com/2021/05/sentiment-report-for-weekend-may-14-2021.html

Hi everyone, anyone interested in Forex Trading could find this free learning material useful. Get it here if you care. Good Luck!