Sentiment Report for November 15 2021

NGXASI buy 44% sell 56% volume index 0.77 MFI 56.84
Access buy 50% sell 50% volume index 2.85 MFI 51.32
Afrprud buy � volume index 1.20 MFI 37.27
Aiico buy 0% MFI 72.30
Chams buy � volume index 1.14 MFI 54.01
Chiplc buy � volume index 1.69 MFI 39.32
Fbnh buy 60% sell 40% volume index 0.82 MFI 56.95
Fcmb buy 0% volume index 7.62 MFI 36.29
Fidelity buy 33% sell 67% MFI 55.43
Ftn buy 0% volume index 4.46 MFI 25.17
GTCO buy 50% sell 50% volume index 1.17 MFI 48.93
Lasaco buy � volume index 1.03 MFI 26.27
Lvstk buy � MFI 36.32
Mansard buy 0% volume index 0.76 MFI 25.95
Mben buy � MFI 6.90
Mtnn buy � volume index 2.58 MFI 69.08
Nem buy � volume index 1.19 MFI 3.16
Royalex buy 33% sell 67% MFI 47.51
Sterling buy 0% MFI 64.17
Transcorp buy � MFI 50.14
Uba buy 0% MFI 43.72
Ubn buy 50% sell 50% MFI 41.64
Ucap buy � volume index 0.70 MFI 79.09
Upl buy � volume index 6.85 MFI 91.01
Wapco buy 46% sell 54% volume index 0.81 MFI 70.27
Zenith buy 67% sell 33% volume index 1.57 MFI 21.65

Investdata Daily Sentiment Report

Being Goal-oriented falls into 2 categories... what category are you in?.

It is Ambrose Again,

When I was a young man I observed that nine out of ten things I did were failures. I didn't want to be a failure, so I did ten times more work... George Bernard Shaw

All the talk about being financially goal-oriented falls into 2 categories. Under Category 1- most traders or investors are not willing to dream big enough or they are not willing to start small enough.

Under Category 2 I may be harsh, but it seems to me that most financially goal-oriented people in this category are going around wishing at all times, "if only..."

I suspect the problem with the first group, the ones who are not willing to dream big is the fear of failure. These investors are afraid to dream big because they fear disappointment that might follow should their grand dreams fail to come true.

The problem with the second group of investors, the ones who are not willing to start small enough is ego. Their big egos won't let them do the small thing that is currently within their power to do. These are the people waiting for their "big transformation" to come their way.

However, if you are yet to execute your big dream, you either fall into one of the above or both categories.

So, in the quest to get started for 2022, what steps are you taking to move toward your dream financially? Have you shunned that critic in you and do what you have to do even when it might fail?

That aside...

Tomorrow 17th November 2021, registration for the Invest 2022 Seminar will be opened and I hope you are ready to take the bull by the horn in 2022.

So, be on the lookout tomorrow so that you won't miss out on the *early bird discount.*

Best
Ambrose Omordion

Sentiment Report for November 16, 2021

NGXASI buy 95% sell 5% volume index 1.08 MFI 64.48
Access buy 0% MFI 44.78
Aiico buy � MFI 68.80
Airtel buy � volume index 6.86 MFI 99.83
Chams buy 0% volume index 0.74 MFI 48.01
Courtville buy 33% sell 67% MFI 36.92
Cutix buy 0% volume index 1.87 MFI 54.38
Fbnh buy � volume index 1.72 MFI 72.07
Fcmb buy 0% MFI 35.66
Fidelity buy 0% MFI 49.48
Ftn buy 0% MFI 27.03
GTCO buy 0% volume index 1.31 MFI 44.65
Jaiz buy � volume index 4.23 MFI 75.98
Jagold buy � MFI 20.26
Lvstk buy 0% MFI 18.05
Mansard buy 0% volume index 1.67 MFI 14.03
Mben buy 0% MFI 6.79
Nem buy 0% volume index 6.57 MFI 36.60
Nestle buy 0% volume index 16.78 MFI 0.00
Sterling buy 50% sell 50% volume index 2.40 MFI 64.80
Transcorp buy 0% volume index 1.13 MFI 48.91
Uba buy � MFI 44.83
Upl buy 0% volume index 0.85 MFI 91.22
Wapco buy 0% volume index 1.12 MFI 71.54
Wapic buy 0% MFI 29.46
Wema buy � MFI 74.41
Zenith buy 33% sell 67% MFI 21.88

Investdata Daily Sentiment Report

Doors are Open for Invest 2022 (Fast Action bonuses inside!)

Hey, it’s here!

Invest 2022 Seminar is officially OPENED for Fast and Quick Investors

Go here NOW to see what you get...

PLUS...this is your chance to go ahead and grab a special Fast Action Bonus: the first 20 people will up to 20% DISCOUNT

================
FAST-ACTION BONUS: First TWENTY (20) INVESTORS ONLY!
================

The first 20 investor or Trader to enroll using the link in THIS email, will get up to 20% discount.

So, click on the below link to grab the fast action bonus now!

https://workshop.investdataonline.com/2022workshop/

Talk to you later
Ambrose Omordion

P.S. I wouldn’t wait another minute because these 20 spots will go FAST…

Sentiment Report for November 17, 2022

NGXASI buy 2% sell 98% MFI 62.13
Access buy 0% MFI 42.39
Aiico buy � MFI 68.12
Chams buy � volume index 0.81 MFI 47.11
Chiplc buy � volume index 2.72 MFI 40.05
Corner buy � volume index 3.39 MFI 39.85
Cutix buy � volume index 2.90 MFI 57.86
Eti buy � MFI 57.51
Fbnh buy 40% sell 60% MFI 79.38
Fidelity buy 0% MFI 48.79
Fmn buy 0% MFI 87.13
GTCO buy 0% volume index 1.53 MFI 35.61
Jaiz buy 40% sell 60% volume index 1.07 MFI 69.94
Jagold buy 0% volume index 1.13 MFI 21.37
Linkass buy 0% volume index 1.30 MFI 25.70
Lvstk buy 62% sell 38% volume index 2.09 MFI 16.39
Mansard buy 0% MFI 16.33
Mben buy 0% MFI 7.06
Nahco buy � MFI 79.34
Oando buy 0% volume index 0.72 MFI 50.50
Regalins buy � volume index 1.78 MFI 48.17
Royalex buy � MFI 54.16
Sterling buy 50% sell 50% MFI 64.62
Transcorp buy 67% sell 33% MFI 24.09
Uba buy 0% MFI 27.22
Ubn buy 0% volume index 0.73 MFI 51.89
Ucap buy � MFI 76.79
Unilever buy 0% volume index 2.21 MFI 17.50
Unity buy 0% volume index 9.86 MFI 18.84
UPDC buy 0% volume index 1.05 MFI 13.83
Wema buy � volume index 0.93 MFI 81.34
Zenith buy 6% sell 94% volume index 0.74 MFI 22.68

Investdata Daily Sentiment Report

Expect Mixed Trend Ahead of Next Week’s MPC Meeting, Unclear Fixed Income Yields


Market Update for November 16

The nation’s equity market on Tuesday witnessed a positive outing, halting four consecutive days of decline on a high traded volume and rekindled buying interests occasioned by the recent pullbacks in the midst of positive economic data and positive sentiment for financial stocks.

Investors buying sentiments in the equity space resulted from discerning players taking advantage of price corrections in blue-chip stocks as all eyes are on fixed income market yields and the upcoming federal government bonds that had made many players sit on the fence.

As mentioned in our Monday update, technically the NGX index’s action has formed a bullish hammer that supports a reversal, which was confirmed at the end of Tuesday’s trading session on a high volume, driven by FBNH and others. Momentum indicators for the day were bullish, with ADX reading 64.46 and the money flow index looking up at 64.48 points on the daily chart. The continuation of this trend depends highly on the interplay of market forces on Wednesday.

However, the better-than-expected Q3 earnings, interim corporate actions, and positive economic data as well the level of liquidity in the equity market will determine the extent of the expected market rally when it begins, from this pullback. Already too, all eyes are on happenings as regards the global inflation rates and oil prices currently oscillating around $82 per barrel.

Tuesday’s trading started slightly on the downside, before rebounding by the mid-morning and oscillating for the rest of the session on demand for low, medium, and high cap stocks. This situation pushed the composite index to an intraday high of 43,469.31 basis points from its lows of 43,175.64bps and thereafter closed above its opening point at 43,44.20bps.

Market technicals for the day were positive and strong as volume traded was higher than the previous day’s in the midst of a flat breadth and positive sentiments as revealed by Investdata’s Sentiment Report showing 95% buy volume and 5% sell position. The total transaction volume index stood at 1.08 points, just as momentum behind the day’s performance remains relatively strong, Money Flow Index looked up at 64.48 points, from the previous day’s 56.84 points, indicating that funds entered the market.

To successfully investing and trading, order for Investdata’s video on Buy &Sell Technical Analysis Toolbox to navigate the rest of the month and year profitably to enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Index and Mkt Cap Movement

The key performance index, at the close of Tuesday’s trading, gained 225.48 basis points, at 43,444.20bps after opening at 43,230.341bps, representing a 0.49% growth, just as market capitalization rose by N112bn, closing at N22.67tr, from the opening value of N22.56tr, also representing 0.49% appreciation in value.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time.

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 to the path of growth and development.

The session’s upturn was due to demand for stocks like Airtel Africa, FBNH, and UBA, among others, which impacted positively on Year-To-Date gain, as it increased to 7.88%. Market capitalization stood at N1.68tr YTD, representing a 7.61% growth from the year’s opening value.

Mixed Sector Indices

Sectoral performance indexes were mixed, as NGX Insurance, Banking, and industrial goods closed higher by 0.39%, 0.11%, and 0.01% respectively, while NGX Oil/Gas index led the decliners after losing 2.49%, followed by Consumer Goods with 0.38%.

Market breadth was at par, as gainers were equal to losers in the ratio of 18:18, while activities in volume and value terms were up after investors had exchanged 423.83m shares worth N11.65bn, compared to the previous day’s 293.43m units valued at N4.293bn. Volume was boosted by trades in FBNH, Sterling Bank, Transcorp, GTCO, and Jaiz Bank.

Cutix and Cornerstone Insurance were the best-performing stocks, gaining 8.33% and 7.69%, and closing at N3.25 and N0.56per share respectively on market forces. On the flip side, Total Energies and Mutual Benefits Assurance lost 9.97% and 6.90% respectively, closing at N216.80 and N0.27 per share, purely on profit-taking.

Market Outlook

We expect a mixed trend ahead of next week’s meeting of the Central Bank of Nigeria Monetary Policy Committee (MPC) and the unclear direction of yields in the fixed income market and upcoming FGN Bonds. Also, momentum investing continues as high volume resurfaced after the pullbacks had created new opportunities for players to jump into positions on the strength of the Q3 numbers. Also, candlestick formation and volume traded during the day’s trading revealed that buyers are in control, as the index rebounded. Also, we note that institutional players are not selling but positioning in blue-chip companies, as the pullback was on a light volume. It is equally noteworthy that this pullback at this level is for the accumulation of more positions ahead of year-end seasonality. Also, many stocks are trading within their buy ranges, a situation expected to attract more funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 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 now.

https://investdata.com.ng/expect-mixed-trend-ahead-of-next-weeks-mpc-meeting-unclear-fixed-income-yields/

Mixed Trend May Linger On Unclear Fixed Income Yields, As Investors Await MPC Outcome


Market Update for November 17

The seesaw movement resurfaced again on the Nigerian Exchange at the midweek as a mix-up in buying and selling activities weighed down the key performance index, halting the previous session’s positive outing on less than average traded volume and negative breadth.

The negative sentiments and mixed sessions recorded were a result of continued profit-taking in blue chips stocks that resulted to a pullback after the earnings season momentum, just as some companies like Access Bank, Fidelity Bank, NGX Group, and International Breweries broke down their minor support levels. Similarly, GTCO, PZ, Linkage Assurance, Ardova, Champion Breweries, and another break down their major support levels, becoming stocks to watch, while watching technical indicators to know when a reversal will set in.

Technically, despite the seeming negative vibes and slowdown in market recovery at this stage and phase, the NGX index’s action remains strong, because Wednesday’s pullback did not takeout Tuesday’s bullish candlestick, which is still within the rectangular channel. Momentum indicators for the day were bullish nonetheless, with ADX reading 63.20 and the money flow index looking up at 62.13 points on the daily chart. The continuation of this trend depends highly on the interplay of market forces as market players continue digesting the just-released consumer price index for the month of October, while the direction of the yield in the fixed income market remains unclear, ahead of next week’s meeting of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC).

However, the better-than-expected Q3 earnings, interim corporate actions, and positive economic data, as well the level of liquidity in the equity market will determine the extent of the expected market rally when it begins, from this pullback. Already too, all eyes are on happenings as regards the global inflation rates and oil prices currently oscillating around $82 per barrel.

Meanwhile, midweek’s trading opened slightly on the upside, before pulling back at the mid-morning session, after which it oscillated for the rest of the day on buying interests and selloffs, among the bellwether stocks. This situation pushed the composite index to an intraday low of 43,346.72 basis points from its highs of 43,495.91bps before closing below its opening point at 43,349.90bps.

Market technicals for the day were weak and mixed as volume traded was lower than the previous day’s in the midst of breadth that favoured the bears on a selling sentiment as revealed by Investdata’s Sentiment Report showing 98% sell volume and 2% buy position. The total transaction volume index stood at 0.69 points, just as the energy behind the day’s performance remains relatively strong, Money Flow Index looked down at 62.13 points, from the previous day’s 64.48 points, indicating that funds left the market.

For successful investing and trading in this market order for Investdata’s video on Buy &Sell Technical Analysis Toolbox to navigate the rest of the month and year profitably to enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Index and Mkt Cap Movement

At the end of the day’s trading, the benchmark NGX All-Share Index shed 94.30 basis points, at 43,349.90bps after opening at 43,444.20bps, representing a 0.22% drop, just as market capitalization fell by N49.22bn, closing at N22.62tr, from the opening value of N22.67tr, also representing 0.22% value loss.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time.

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 to the path of growth and development.

Wednesday downturn was attributed to selloffs in GTCO, Flourmills, Dangote Sugar, FBN Holdings, Access Bank, and NGXGroup among others, which impacted negatively on Year-To-Date gain, reducing it to 7.65%. Market capitalization stood at N1.63tr YTD, representing a 7.39% growth from the year’s opening value.

Bearish Sector Indices

Sectoral performance indexes were down, except for the NGX Industrial Goods that closed 0.01% up, while NGX Insurance index led the decliners, losing 0.85%, followed by Consumer Goods, Banking and Energy with 0.66%, 0.37% and 0.19% respectively.

Market breadth turned negative as losers outweigh gainers in the ratio of 24:14, while activities in volume and value terms were down after players had traded 264.79m shares worth N6.68bn, compared to the previous day’s 423.83m units valued at N11.65bn. Volume was boosted by trades in FBNH, International Breweries, GTCO, Unity Bank and Access Bank.

ABC Transport and Chams were the best-performing stocks, gaining 10% and 4.53%, and closing at N0.33 and N0.23per share respectively on market forces. On the flip side, Japual Gold and Neimeth Pharm lost 9.09% each, closing at N0.40 and N1.80 per share, purely on selloffs and profit taking.

Market Outlook

We expect the mixed trend to continue ahead of next week’s MPC meeting, amid the unclear direction of yields in the fixed income market, as well as the upcoming FGN Bonds issuance. Also, momentum investing continues as high volume resurfaced after the pullbacks had created new opportunities for players to jump into positions on the strength of the Q3 numbers. Also, candlestick formation and volume traded during the day’s trading revealed that buyers are in control, as the index rebounded. Also, we note that institutional players are not selling but positioning in blue-chip companies, as thepullbackwas on a light volume. It is equally noteworthy that this pullback at this level is for the accumulation of more positions ahead of year-end seasonality. Also, many stocks are trading within their buy ranges, a situation expected to attract more funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation.

Invest 2022 Traders & Investors Summit

Theme: Master The Market, Get The Best Of Pre-Election Year 2022


Sub-Topics

1. Balanced Trading: Playing Nigeria’s Multiple Exchanges For Diversification, MrOlatundeAmolegbe, CEO, Arthur Steven Asset Management Ltd &President of CIS
2. Agriculture, Economic Recovery & Diversification: Where Is Commodity Trading In Your Portfolio, Mr. AkinyinkaAkintunde, Business Development Manager, AFEX Commodities Exchange Ltd.
3. Technical Outlook & Indicators For Profitable Market Timing, Mr Abdul-Rasheed OshomaMomoh, Head Capital Market at, TRW Stockbrokers Ltd
4. Benefits & Dangers Of Fixed Income Instruments In An Inflationary Environment, MrTeribaAdeboye, MD/CEO, Qualinvest Capital ltd
5. Economic Outlook and implications of the N16.45 Trillion 2022 Budget On Sectors/Stock Market, Mr. OluwasegunAkinwale, Senior Portfolio Manager,Coronation Asset Management Ltd
6. Profitable Stock Picks Made Easy, Using Fundamental Tools, Mrs. Ebiere Helen Fumudoh, MD/CEO, Norrenberger Securities Ltd
7. The Role of Real Estate & REIT Instruments In the Ecosystem, Mr Tope Ojo, Managing Partner,Tope & Tunde Estate Surveyors &Valuers

8. Trade Opportunities & 10 Golden Stocks for 2022, Mr Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd

Investdata Consulting Limited holds the 10th edition of its annual Investment conference tagged Invest 2022 Traders & Investment Summit, which has over the years remained a game changer for market players. This edition is aimed at helping stakeholders identify opportunities and bringing ideas for profitable trading as we enter a pre-election year.

Invest 2022 is a not-to-be missed summit capable of completely changing your view about where the economy and stock market are headed and when you should fully plunge in or hold cash. Join the experts and experienced professionals to discuss a Big Picture Perspective of where the stock market and other investment windows are currently placed and what signs to be vigilant about over the coming months and year 2022. Don’t miss this summit.

We have held this annual summit since 2012, to give investor and traders insight, perspective and expectation in the new year. This year Invest 2022 Summit is exceptional being vaccination driven economic recovery after Covid 19 disruption. The big picture of what is happening and outlook for 2022, analysis of the status of different investment windows and opportunities, ranging from the economy, equity, bond, commodity, real estate and others using fundamental and technical tools.

More than 80% of the golden stocks pick during Invest 2021 Summit have beaten their targets, returning more than 40% to 60% in less a year. Due to growing concern and fear around the globe and domestic economy/stock market as analysts are predicting a big melt-down in stocks from ant time soon, to sometime in 2022.

Looking at history, there is no doubt that correction or pullbacks are on the cards at some stage. However, this big questions on everybody minds are when will this occur and whether it will end this bull run or market recovery.

Whatever happens, what is the best way to Prepare rather than try to Predict? This is what Invest 2022 Summit will address. So you are invited to Speck or facilitate at this event

What to expect at this Summit?
A. Why the market is on high alert for the New Year rally, or Correction
B. Strategies to stay in profit, overcome market correction/pullbacks
C. How to position in stocks for robust profit ahead of 2022
D. How to take advantage of the circular flow of funds in financial markets
E. Risk/return from Bonds to stocks right now.
F. Key to profitable trading and investing in the stock market/other investment windows

Benefits for attending

1,10 Golden Stocks for 2022
2, Admission to Investdata Buy & Sell WhatsApp Platform
3, Among others
Don’t miss this summit, if you have any exposure to the stock market, either directly or indirectly via managed funds of any kind…….
“Invest 2022 – Connects you to new trade opportunities and ideas to boost your trading results/bottom line”

Don’t miss this summit, if you have any exposure to the stock market, either directly or indirectly via managed funds of any kind……..

Date: December 4, 2021

Time: 9am

Venue: Zoom

Want to be among the successful investors and traders in 2022? Send Yes to 08028164085, 08179547605 now.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 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 now.

https://investdata.com.ng/mixed-trend-may-linger-on-unclear-fixed-income-yields-as-investors-await-mpc-outcome/

STOCK MARKET REVIEW: EQUITIES MARKET INDEX DECLINED BY 0.22%, SHEDS N49.21BN

Hello Investors and Traders,

I just posted STOCK MARKET REVIEW: EQUITIES MARKET INDEX DECLINE BY 0.22%, SHEDS N49.21BN

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=oJmJ1wSnJQc

Best
Ambrose Omordion

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 20/11/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/83680739439?pwd=R3VDejVHZ1ZuL3h3VXJkMFRFdnNNZz09

Or

Meeting ID: 836 8073 9439
Passcode: 355809

Ambrose Omordion

Cautious Trading On NGX, Amidst Low Volume, As Pullbacks Offer Fresh Prospects


Market Update for November 18

Profit-taking and selloffs continued on the Nigerian Exchange Thursday as the benchmark index closed lower, thereby extending its loss for the second successive session on a low traded volume and negative breadth. Also, sectorial indexes recorded a mixed performance as players continue digesting the emerging positive macroeconomic data.

These positive economic data and better than expected corporate earnings are a plus for the market, notwithstanding the likely outcome of the Central Bank of Nigeria Monetary Policy Committee meeting next week, just as the nation’s GDP has maintained consistent recovery to reveal potentials in the different sectors of the economy as a guide to investors while positioning for the new year.

The National Bureau of Statistics (NBS) has released Nigeria’s Q3’21 GDP numbers, revealing a real GDP growth of 4.03%. The growth in the nation’s Q3’21 output largely reflected a sustained recovery in the non-oil sector, which grew 5.44% (versus a 2.51% contraction in Q3’20). In our view, the non-oil sector continues to benefit from a strong rebound in economic activities as COVID-19 worries abate, as demonstrated in the growth recorded in sectors such as Manufacturing (+4.29% vs -1.51% in Q3’20), Trade (11.90% vs -12.12% in Q3’20), Transportation (+20.61% vs -42.98% in Q3’20) and Real Estate (+2.32% vs -13.40% in Q3’20), which were battered by the pandemic in Q3’20.

However, the continued upturn in the non-oil sector contrasts with the persistent weakness in the oil sector, which contracted (-10.73%) for a sixth consecutive quarter, which we link to weaker domestic oil production, that continues to be hampered by the slowdown in drilling activities and pipeline sabotages. Specifically, we note that operational challenges in August 2021 led to a Force majeure on one of the country’s key oil export terminals – the Trans Forcados Pipeline (TFP)

Technically, despite the negative sentiment and slowdown in market recovery at this stage, the NGX index’s action remains strong, because the recent pullbacks have not wiped out Tuesday’s bullish candlestick, which is still within the rectangular channel. Momentum indicators for the day were bearish nonetheless, with ADX reading 62.67 and the money flow index looking down at 55.88 points on the daily chart. The continuation of this trend depends highly on the interplay of market forces as players continue digesting the just-released Q3 GDP and consumer price index for the month of October, while the direction of the yield in the fixed income market remains unclear.

Thursday’s trading started slightly on the downside, before oscillating to pullback on selloffs and profit-taking in blue chips. This situation pushed the NGX index to an intraday low of 43,285.03 basis points from its highs of 43,362.77bps before it closed below the opening figure at 43,286.97bps.

Market technicals for the session were weak and mixed as seen in the lower volume traded than the previous day in the midst of breadth that favoured the bears on a selling pressure as revealed by Investdata’s Sentiment Report showing 99% sell volume and 1% buy position. The total transaction volume index stood at 0.55 points, just as the impetus behind the day’s performance remains relatively strong, Money Flow Index looked down at 55.88 points, from the previous day’s 62.13 points, indicating that funds left the market.

For successful investing and trading in this market order for Investdata’s video on Buy &Sell Technical Analysis Toolbox to navigate the rest of the year profitably, enhance trading decisions, and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Index and Mkt Cap Movement

The composite index NGXASI, at the close of Thursday’strading, shed 63.93 basis points, at 43,286.97bps after opening at 43,349.90bps, representing a 0.15% drop, just as market capitalization fell by N49.22bn, closing at N22.58tr, from the opening value of N22.62tr, also representing 0.15% value loss.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time.

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 to the path of growth and development.

The day’s downturn resulted from selloffs in GTCO, Lafarge Africa, Oando, FBN Holdings, UBA, United Capital, and NGXGroup among others, which impacted negatively on Year-To-Date gain, reducing it to 7.49%. Market capitalization stood at N1.59tr YTD, representing a 7.25% growth from the year’s opening value.

Mixed Sector Indices

Sectoral performance indexes were mixed, as NGX Insurance and Consumer Goods closed higher by 0.59% and 0.14% respectively, while NGX Banking index led the decliners, losing 0.19%, followed by Energy and Industrial goods with 0.19% and 0.12% respectively.

Market breadth was negative as losers outnumbered gainers in the ratio of 23:12, while transactions in volume and value terms were down after stockbrokers had traded 210.55m shares worth N2.61bn, compared to the previous day’s 264.79m units valued at N6.68bn. Volume was boosted by trades in Sterling Bank, Etranzact, Transcorp, GTCO, and Jaiz Bank.

Vitafoam and Etranzact were the best-performing stocks, gaining 10% each, closing at N20.90 and N2.09per share respectively on full-year earnings expectation and market forces. On the flip side, Chams and Regency Insurance lost 8.70% and 7.5% respectively, closing at N0.21 and N0.37 per share, purely on profit-taking.

Market Outlook

Being the last trading day of the week ahead of Monday and Tuesday MPC meeting, in the midst of an unclear direction of yields in the fixed income market, as well as the upcoming FGN Bonds issuance, we expect equities to maintain the negative outing. There is also the possibility of cautious trading and investing as low volume resurfaced with pullbacks that are creating new buy opportunities for players to jump into positions on the strength of the Q3 numbers. Also, candlestick formation and volume traded during the day’s trading revealed that buyers are in control, as the index rebounded. Also, we note that institutional players are not selling but positioning in blue-chip companies, as the pullback was on a light volume. It is equally noteworthy that this pullback at this level is for the accumulation of more positions ahead of year-end seasonality. Also, many stocks are trading within their buy ranges, a situation expected to attract more funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 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 now.

https://investdata.com.ng/cautious-trading-on-ngx-amidst-low-volume-as-pullbacks-offer-fresh-prospects/

Have you grabbed your spot for this?

Hey, it’s Ambrose here…

Just a quick reminder that you should book your spot for the InvestData 2021 Workshop.

If you’ve ever wanted to hop on a Zoom meeting with me and learn how to get started with your 2022 investment year on a brighter note with 10 hot stocks that will give you a good return on investment.

Plus 8 big players of the market to give the direction in 2022.

I’m hosting a one-time-only workshop on 4th December 2021. This means that there will be NO REPLAY...

It’s a live training where we will spend hours going deep on how to “MASTER THE MARKET, GET THE BEST OF the PRE-ELECTION YEAR 2022”

And because I’m hosting this as a Zoom meeting, space is limited and I fully expect to sell out.

The good news?

It’s very affordable

Grab your spot NOW before the room is full.

Click on the below link to take action.

https://workshop.investdataonline.com/2022workshop/


See you there!


Ambrose Omordion

Sentiment Report for the week ended November 19, 2021

NGXASI buy 14% sell 86% volume index 1.09 MFI 78.42
Access buy 40% sell 60% volume index 1.27 MFI 48.43
Afrprud buy 25% sell 75% MFI 49.25
Aiico buy 20% sell 80% volume index 1.61 MFI 77.59
Airtel buy � volume index 6.75 MFI 84.86
Ardova buy 0% volume index 1.16 MFI 0.00
Chams buy 50% sell 50% volume index 0.74 MFI 54.72
Chiplc buy 33% sell 67% volume index 0.92 MFI 59.08
Corner buy � volume index 1.39 MFI 51.92
Courtville buy 0% MFI 70.41
Custodian buy � volume index 0.76 MFI 93.33
Cutix buy 60% sell 40% volume index 2.00 MFI 45.08
Dangsugar buy 0% MFI 44.93
Eterna buy 0% MFI 56.65
Eti buy � MFI 87.65
Fbnh buy 19% sell 71% volume index 1.98 MFI 73.78
Fcmb buy 9% sell 91% volume index 2.51 MFI 41.66
Fidelity buy 14% sell 86% MFI 68.13
Fidson buy 0% volume index 0.95 MFI 81.61
Fmn buy 0% MFI 70.89
Ftn buy 80% sell 20% volume index 0.93 MFI 59.63
Glaxo buy � MFI 42.69
GTCO buy 17% sell 83% volume index 2.21 MFI 33.80
Honyflour buy 67% sell 33% MFI 37.72
Jaiz buy 71% sell 29% volume index 1.29 MFI 52.44
Jagold buy 25% sell 75% MFI 22.09
Lasaco buy 0% volume index 1.05 MFI 14.76
Linkass buy 0% MFI 60.98
Lvstk buy 32% sell 68% volume index 0.77 MFI 51.59
Mansard buy 94% sell 6% MFI 42.66
Mben buy 40% sell 60% MFI 27.07
Mtnn buy � volume index 0.80 MFI 72.27
Nahco buy � volume index 0.79 MFI 65.63
Neimeth buy 0% volume index 0.83 MFI 64.46
Nem buy 0% volume index 1.55 MFI 51.58
Nestle buy 0% volume index 9.66 MFI 11.05
Oando buy 10% sell 90% MFI 57.51
Prestige buy � MFI 31.81
Pz buy 67% sell 33% MFI 55.67
Red buy 0% MFI 69.51
Regalins buy 80% sell 20% MFI 39.59
Royalex buy 43% sell 57% MFI 23.41
Seplat buy 0% MFI 48.46
Sterling buy 0% volume index 2.44 MFI 28.56
Total buy 0% volume index 0.99 MFI 55.83
Transcorp buy 0% volume index 0.72 MFI 53.55
Uacn buy 67% sell 33% MFI 26.48
Uba buy 13% sell 87% MFI 48.89
Ubn buy 0% volume index 0.70 MFI 42.11
Ucap buy 40% sell 60% MFI 72.39
Unilever buy 0% MFI 49.01
Unity buy 56% sell 44% volume index 3.87 MFI 33.00
UPDC buy 75% sell 25% MFI 71.75
Upl buy 65% sell 35% volume index 10.16 MFI 75.91
Vitafoam buy � volume index 0.83 MFI 92.55
Wapco buy 0% volume index 0.84 MFI 69.07
Wapic buy 0% MFI 42.95
Wema buy 14% sell 86% MFI 37.75
Zenith buy 0% MFI 42.26

Investdata Weekly Sentiment Report

Questions and Answers with Ambrose Omordion as at 20th November 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 20th, November 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=Fc1Hh7gIBjs

Ambrose Omordion

THE BUY AND SELL SIGNAL

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 new bullish base


However, you need to log in 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

http://investdataonline.com/buy-sell-signal/

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 November 23, 2021

NGXASI buy 40% sell 60% MFI 66.11
Access buy 50% sell 50% volume index 0.87 MFI 50.21
Aiico buy � volume index 0.84 MFI 34.64
Courtville buy 0% MFI 63.45
Dangsugar buy 0% volume index 0.77 MFI 43.73
Eti buy � MFI 59.77
Fbnh buy � MFI 88.86
Fcmb buy � MFI 41.75
Fidelity buy 0% MFI 46.51
Fmn buy 0% volume index 2.21 MFI 95.15
Ftn buy � volume index 1.57 MFI 36.47
GTCO buy 25% sell 75% volume index 1.92 MFI 34.18
Jagold buy 33% sell 67% volume index 0.79 MFI 49.93
Lvstk buy 0% MFI 35.17
Mansard buy � MFI 27.35
NGXGR buy 0% MFI 24.30
Oando buy 50% sell 50% volume index 3.77 MFI 76.71
Royalex buy � volume index 1.11 MFI 28.92
Sterling buy 50% sell 50% MFI 50.65
Transcorp buy � MFI 17.76
Uacn buy � MFI 34.20
Ucap buy � volume index 0.81 MFI 83.02
Unilever buy 0% volume index 4.84 MFI 50.64
UPDC buy 0% volume index 5.45 MFI 17.21
Upl buy 85% sell 15% volume index 5.14 MFI 82.71
Wema buy � MFI 68.50
Zenith buy 0% volume index 1.33 MFI 35.94

Investdata Daily Sentiment Report

What Smart Investors and Traders are doing Secretly Now

It is Ambrose Again…

One of the greatest discoveries is that humans can alter and shape their lives by changing the attitude of their minds. William James

The question that looms large is why do few traders and investors get the best out of the market while so many struggles. Well, it is simply attitude and knowledge. It is your attitude towards the market that will determine your returns. That is, if you bargain a kobo with the market then you should expect a Kobo or less back. It is a mathematical law

According to research, most investors and Traders take themselves for granted. You don't push yourself hard in other to achieve your goals and for some strange reasons, you believe that some investors having the same 24hours, 7days and 52 weeks like you have the divine right to be successful than you in the market or better than you. This is as a result of the fact that you are always on the defense.

However, there is no divine right to profit out of the market. It is about planning and knowing exactly what to do.

In the Invest 2021 Summit participants got an average return of 48% as overall ROI So, if you miss that opportunity, here is another chance again to be part of those who will profit from the market starting from 2022.

Take action now and complete your Invest 2022 Summit Registration before it expires at 11:59 pm Thursday 2nd December 2021. Call Now 08028164085,08179547605,

Or click on the below link

https://workshop.investdataonline.com/2022workshop/

to get started join smart investors with the divine right who made it a Divine right by constantly training and investing in themselves) to always profit from the market.

Make that decision NOW...

Best
Ambrose Omordion.

P.S. REPLAY WILL NOT BE AVAILABLE. So decide by Calling 08028164085,08179547605 Now.

Or click on the below link

https://workshop.investdataonline.com/2022workshop/

NGX Index May Sustain Oscillating Posture On MPC Outcome, Ahead TB Auction


Market Update for November 23

Volatility continued on the Nigerian Exchange on Tuesday as the benchmark index short-lived previous day’s positive outing, turning slightly negative to extend its sideways movement on a low traded volume. Market breadth was, however, positive as members of the Central Bank of Nigeria’s Monetary Policy Committee concluded their final meeting for the year, voting unanimously to retain all policy instruments unchanged, in what they said is to sustain the ongoing economic recovery, despite various headwinds like the fear of COVID 19 resurfacing in some climates and the oscillating oil price at the international market.

The mixed sentiments and signals at the end of Tuesday trading indicates investors buying interest in blue-chips, especially those that had suffered losses in recent time but have a high possibility of dividend payout. Profit taking activities continued in some tickers ahead of midweek Treasury Bills’ primary market auction that will space the yield direction in the fixed income market.

Technically, NGX index action remained strong in the face of profit taking and portfolio repositioning, as the NGX All-Share index slipped to continue its sideway trending within the rectangular channel. Momentum indicators for the day were mixed nonetheless, as ADX dropped to 59.60, while Money Flow Index rose to 66.11 points on the daily chart. The continuation of this trend depends largely on the interplay of market forces and inflow funds into equity space

Tuesday’s trading started slightly in the green, before pulling back to oscillate for the rest of the session on selloffs and ‘buy’ interests in some banking stocks, a situation that pushed the NGX index to an intraday low of 43,234.57 basis points from its highs of 43,286.89bps before closing slightly below the opening points at 43,255.14bps.

Meanwhile, Tuesday market technicals were weak and mixed as volume traded was lower than the previous day’s in the midst of positive breadth and mixed sentiment as revealed by Investdata’s Sentiment Report showing 40% buy volume and 60% sell position. The total transaction volume index stood at 0.58 points, just as momentum behind the day’s performance remained relatively strong. Money Flow Index read 66.11 points, from the previous day’s 59.58 points, indicating that there was some funds inflow, despite the down market.

For you to successful invest and trade in this market order for Investdata’s video on Buy &Sell Technical Analysis Toolbox to navigate the rest of the year profitably, enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Index and Mkt Cap Movement

At the close of Tuesday’s trading, the key performance NGXASI was slightly down by 4.99 basis points, at 43,255.14bps after opening at 43,260.13bps, representing a 0.01% drop, just as market capitalization fell by N590m, closing at N22.58tr, from the opening value of N22.58tr, also representing 0.01% value loss.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time.

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 to the path of growth and development.

This day’s downturn was driven by selloffs in stocks like GTCO, Oando, UBA, Dangote Sugar, NEM, Mansard, Livestock and Mutual Benefits Assurance among others, which impacted mildly on Year-To-Date gain, reducing it to 7.41%. Market capitalization stood at N1.56tr YTD, representing a 7.22% growth from the year’s opening value.

Bearish Sector Indices

Sectoral performance indexes were mixed, as NGX Banking closed higher by 0.21%, while NGX Insurance index led the advancers, gaining 1.97%, followed by Oil/Gas and Consumer Goods with 0.20% and 0.01% respectively. Just as NGX Industrial Goods closed flat.

Market breadth was positive as gainers outnumbered losers in the ratio of 19:15, while activities in volume and value terms were down after players had exchanged 271.97m shares worth N2.9bn, compared to the previous day’s 2.16bn units valued at N16.08bn. Volume was boosted by trades in GTCO, FBNH, Zenith Bank, Access Bank and Honeywell Flour.

Honeywell Flour and University Press were the best-performing stocks, gaining 9.95% and 8.70% respectively, closing at N4.09 and N2.50per share respectively on Monday’s merger news and market forces. On the flip side, UPDC and NEM Insurance lost 9.35% and 9.27% respectively, closing at N1.26 and N1.86 per share, purely on selloffs and profit taking.

Market Outlook

We expect the market to maintain the oscillating posture on outcome of MPC meeting ahead of TB primary market auction, with seasonality and cycles likely to influence equity prices ahead of year-end window dressing. The low volume traded in the midst of pullbacks is creating new buy opportunities on the strength of the Q3 numbers. Also, candlestick formation and volume traded during the session revealed that institutional players are not selling but positioning in blue-chip companies, as the index slide on a light volume. It is equally noteworthy that during a ranging market many players seat on the fence waiting for a breakout or down before jumping into any position. Even as many stocks are trading within their buy ranges, a situation expected to attract more funds into the stock market, given the Dividend Yield capable of serving as a hedge against inflation.

https://investdata.com.ng/ngx-index-may-sustain-oscillating-posture-on-mpc-outcome-ahead-tb-auction/

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 27/11/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/85080392815?pwd=Wkd2TG8ya1I3TGtFZmFHNmMrQnhSQT09

Or

Meeting ID: 850 8039 2815
Passcode: 985439

Ambrose Omordion

Sentiment Report for November 25, 2021

NGXASI buy 9% sell 91% volume index 0.74 MFI 64.09
Access buy 67% sell 33% volume index 0.90 MFI 38.56
Chams buy 0% volume index 0.99 MFI 36.09
Chiplc buy � volume index 5.90 MFI 36.84
Eti buy 0% MFI 55.39
Fbnh buy 50% sell 50% MFI 85.85
Fcmb buy � MFI 55.60
Fidelity buy 33% sell 67% MFI 45.24
Ftn buy � volume index 2.24 MFI 44.45
GTCO buy 0% volume index 1.23 MFI 27.30
Honyflour buy � volume index 10.65 MFI 68.92
Jaiz buy � volume index 1.05 MFI 66.31
Jagold buy 50% sell 50% MFI 48.51
Lvstk buy 33% sell 67% volume index 0.85 MFI 35.00
Mansard buy 0% MFI 26.57
Mben buy 0% MFI 44.68
NGXGR buy 67% sell 33% MFI 41.09
Oando buy � volume index 1.47 MFI 67.22
Royalex buy � volume index 0.95 MFI 38.74
Sterling buy 50% sell 50% MFI 39.61
Transcorp buy 33% sell 67% volume index 0.91 MFI 11.38
Uacn buy � MFI 32.94
Uba buy 50% sell 50% MFI 48.24
Ubn buy 50% sell 50% volume index 1.63 MFI 25.21
Ucap buy � MFI 78.62
Unity buy 25% sell 75% volume index 3.80 MFI 20.72
UPDC buy 25% sell 75% volume index 2.64 MFI 37.91
Upl buy � volume index 4.13 MFI 86.29
Veritas buy � volume index 1.30 MFI 93.18
Wapco buy 88% sell 12% volume index 0.84 MFI 49.14
Wapic buy � volume index 0.95 MFI 45.70
Wema buy � volume index 1.31 MFI 62.81
Zenith buy 50% sell 50% volume index 1.95 MFI 54.67

Investdata Daily Sentiment Report

NGX Questions and Answers with Ambrose Omordion as at 27th November 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 27th, November 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=Lqh2_dkS-jE

Ambrose Omordion

Hello Traders

This is to inform you that there will be no signals for this week as we are watching the historical technical pattern of various sectors.
Kindly watch all your past positions next week.


To your investment success

Investdata

Comfort makes more prisoners than all the jails combined"

— Grant Cardone

Comfort is of no benefit to traders. If you stick to doing what's comfortable, you'll never push your boundaries and realize your full potential.

There’s a big difference between security and comfort. We want to build financial security, but you'll have to leave your comfort zone to make it happen.

Comfortable becomes stagnant, unmoving, and passionless. Those aren't traits you want to pursue.
Push yourself to leave comfort behind. Step out and risk something for the sake of your future!

Sentiment Report for the week ended December 3, 2021

NGXASI buy 3% sell 97% volume index 1.00 MFI 66.13
Access buy 0% volume index 1.55 MFI 48.08
Afrprud buy 10% sell 99% volume index 1.25 MFI 43.27
Aiico buy 23% sell 77% volume index 3.46 MFI 59.49
Airtel buy � volume index 2.90 MFI 87.71
Bocgas buy 0% volume index 2.72 MFI 9.86
Cadbury buy 50% sell 50% volume index 0.95 MFI 47.65
Chams buy 50% sell 50% MFI 36.92
Chiplc buy 0% volume index 1.20 MFI 65.12
Corner buy 50% sell 50% volume index 2.04 MFI 41.19
Courtville buy 0% MFI 53.60
Custodian buy 91% sell 9% volume index 1.47 MFI 71.19
Cutix buy 42% sell 58% MFI 47.52
Dangsugar buy 53% sell 47% volume index 1.17 MFI 37.07
Eti buy 0% volume index 0.71 MFI 85.42
Fbnh buy 50% sell 50% volume index 1.30 MFI 70.40
Fcmb buy 64% sell 36% volume index 2.75 MFI 28.00
Fidelity buy 56% sell 44% MFI 65.18
Fidson buy 67% sell 33% volume index 1.50 MFI 71.40
Fmn buy 45% sell 55% volume index 1.07 MFI 70.72
Ftn buy 0% volume index 1.74 MFI 46.63
Glaxo buy 0% volume index 1.22 MFI 36.76
GTCO buy 8% sell 92% volume index 1.64 MFI 30.28
Honyflour buy 7% sell 93% MFI 37.19
Jaiz buy 0% MFI 55.90
Jagold buy � MFI 17.24
Lasaco buy 0% volume index 1.10 MFI 12.19
Learn buy � MFI 52.56
Linkass buy � MFI 55.80
Lvstk buy 44% sell 56% volume index 0.92 MFI 47.72
LTrust buy 0% MFI 100.00
Mansard buy 43% sell 57% MFI 42.66
Mben buy 50% sell 50% volume index 1.01 MFI 31.38
Mtnn buy 0% volume index 0.94 MFI 71.06
Nascon buy 0% volume index 1.31 MFI 50.81
Nem buy � volume index 0.96 MFI 60.18
Oando buy 0% MFI 56.90
Prestige buy � volume index 1.14 MFI 50.89
Pz buy 0% MFI 56.13
Red buy 0% volume index 1.14 MFI 50.03
Regalins buy 37% sell 63% volume index 1.34 MFI 19.12
Royalex buy 67% sell 33% MFI 13.57
Seplat buy 0% volume index 2.41 MFI 30.61
Sovrenins buy � MFI 59.85
Stanbic buy 0% MFI 46.24
Sterling buy 40% sell 60% MFI 24.25
Transcorp buy 40% sell 60% MFI 54.06
Uba buy 40% sell 60% volume index 0.78 MFI 49.12
Ubn buy 67% sell 33% volume index 1.20 MFI 34.06
Ucap buy � volume index 0.82 MFI 75.79
Unilever buy 0% MFI 45.30
Unity buy 0% MFI 28.21
UPDC buy 27% sell 73% volume index 1.69 MFI 53.20
Veritas buy 0% MFI 26.19
Vitafoam buy � MFI 85.07
Wapco buy 30% sell 70% volume index 1.55 MFI 66.80
Wapic buy 0% MFI 47.59
Wema buy � MFI 27.52
Zenith buy 0% volume index 1.51 MFI 35.08

Investdata Weekly Sentiment Report

THE BUY AND SELL SIGNAL

Hello Investors,

The, buy & sell signal for this week have been posted on the membership site for you. Pls click on the long link for this week 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 new bullish base


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

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

http://investdataonline.com/buy-sell-signal/

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 December 6, 2021
NGXASI buy 13% sell 87% volume index 1.41 MFI 44.02
Access buy 33% sell 67% MFI 34.79
Afrprud buy 0% volume index 2.60 MFI 27.35
Aiico buy 0% MFI 44.68
Chams buy 0% volume index 0.73 MFI 52.03
Chiplc buy � volume index 0.73 MFI 15.62
Custodian buy � volume index 2.68 MFI 56.14
Dangsugar buy 0% volume index 1.98 MFI 18.44
Eti buy 0% volume index 2.50 MFI 45.64
Fbnh buy 67% sell 33% volume index 2.21 MFI 58.42
Fidelity buy 0% volume index 0.78 MFI 28.30
Fmn buy 97% sell 3% volume index 1.27 MFI 30.05
Ftn buy 0% MFI 27.70
Glaxo buy 0% volume index 2.83 MFI 25.86
Honyflour buy 0% MFI 65.85
Jaiz buy 86% sell 14% volume index 0.75 MFI 56.37
Jagold buy � MFI 27.87
Mansard buy 13% sell 87% volume index 1.05 MFI 39.76
NGXGR buy � volume index 1.44 MFI 32.68
Oando buy 0% MFI 46.68
Pz buy � volume index 1.41 MFI 48.56
Sterling buy 25% sell 75% volume index 4.15 MFI 49.94
Transcorp buy 0% MFI 40.38
Uba buy 25% sell 75% volume index 1.61 MFI 22.81
Ucap buy � volume index 4.69 MFI 45.71
Unity buy 0% volume index 1.58 MFI 20.27
UPDC buy � volume index 2.81 MFI 32.94
Wapco buy 0% volume index 1.88 MFI 22.29
Wema buy � volume index 0.78 MFI 50.81
Zenith buy � volume index 0.75 MFI 42.43

Investdata Daily Sentiment Report

NGX QUESTION AND ANSWER WITH AMBROSE OMORDION AS OF 11TH DECEMBER 2021


Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 11th December 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=aFTgtrq5K90

Ambrose Omordion

THE BUY AND SELL SIGNAL

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 new bullish base


However, you need to log in 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


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.
http://investdataonline.com/buy-sell-signal/

NGX Set For Recovery Ahead Of Seasonality, Historical Trends, As 2021 Winds Down


Market Update for the Week Ended December 10 and Outlook for Dec 13-17
Trading activities in the second week of December was mixed and bearish, resisting further decline on improved buying interests in blue-chip companies and dividend-paying stocks amidst selloffs in Dangote Cement, slow down in momentum investing amidst high traded volume and positive market breadth after the benchmark NGX All-Share Index formed a hammer candlestick on a bearish trend that signaled a high possibility of a reversal in the new week.

The mixed sentiment as the bulls and bears battled for dominance during the week, ahead of year-end seasonality, historical trends, and patterns associated with December being the last month of the year is underway. There are also positive sentiments across major sectors of the market except for the industrial goods, indicating the presence of buyers in the market and an ongoing portfolio rebalancing.

Trading metrics for the week revealed high position-taking activities in the financial services sector, especially banking stocks being the most consistent dividend-paying in the market, especially given the fact that the majority of stocks in this sector are highly undervalued. The financial sector is poised for a very strong rally into the end of 2021 and early 2022 as revenues and earnings for Q4 2021 continue to drive an upward price trend. The relatively low-interest rates and low cost of funds, as well as the high demand for goods and services, continue to drive economic activities in this last quarter of the year. This was revealed by Stanbic IBTC’s Purchasing Manager Index that expanded to 55.1 points, from 54.8 points reported in October. The positive economic data should drive Q4 results of the financial sector operators close to the levels we saw in Q3 2021, if that happens, we may see a robust rally in the banking and other financial services sector over the next 45 to 60 days.

The strength of the recent rally in the major indexes shows just how powerful the bullish trend bias is right now ahead of the Santa Claus rally and year-end window dressing. Some traders focus on the downside risk associated with the fourth wave of covid 19 with omicron variant, and uncertainty in the system. I have, however, continued to focus on the strength of the sectoral indexes ad various sector trends that show real opportunities for profits.

However, we envisage a mixed trading pattern due to bargain hunting activities in dividend-paying stocks amid intermittent profit-taking activities. That notwithstanding, we advise market players to position in fundamentally sound stocks with positive technicals and sentiments as market fundamentals and liquidity continue to look up in the face of oil price oscillation at the international market, while the nation’s external reserves and the local currency keep fluctuating.

Technically, the NGX index’s action on a weekly time frame reveals mixed sentiments, as ADX remained above 20 points at 36.94, just as the money flow index was down at 61.38 points, revealing a contraction in money flow into the equity space. These are indications that confirm the daily move and volatility, as the NGX index has rebounded on a strong support level of 41,684 basis points which signaled retracement on the daily chart, but remains bearish on a weekly time frame after breaking down 42,137.26 points to the confirm the decline. So, we must wait to see what happens in the new week as analysts expect historical trends and seasonality’s to play out.

We reiterate the point that the high traded volume, during the week is an indication that institutional investors are buying and the volume that took the market up is still very intact. The heavy volume on mixed activities shows that smart money is gradually returning to the market, amidst the unclear yield direction in the fixed income market that remains a plus for the equity market as inflation remain high in the midst of low yield and negative real returns

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Movement Of NGXASI
The NGX index had a mixed performance during the week, recording two trading sessions of the down market and three of upmarket to resist decline and slowdown the losing momentum that brought the total loss for the week to 0.68%, compared to the previous week’s 2.63% loss. This performance was driven by selloffs in bellwether stocks like Dangote Cement, UACN, Custodian Investment, and May & Baker.

In all, the composite index shed 284.94 basis points, closing the period at 41,882.97bps, after touching an intra-week low of 41, 527.26bps from its highs of 42,446.44bps. The week opened at 42,167.91bps on selling sentiment and position taking in dividend-paying stocks; just as market capitalization fell by N149bn, closing at N21.854tr, compared to the previous week’s N22.003tr, which also represented a 0.68% depreciation in value.

The top gainers’ table for the period under review was dominated by low and medium-priced stocks which had become the toast of investors, despite the mixed sentiments that were due to positive sentiments for Meyer, Consolidated Hallmark Insurance, UPDC, Ecobank Transnational Incorporated, and Guaranty Trust Holding Company, among others. This was the midst of continued portfolio repositioning on the strength of Q3 earnings reports and positive economic data. It is noteworthy that the NGX Index and price actions revealed the presence of buyers in the market, a situation that reflected on major sectoral indexes.

Market breadth was positive for the week, besides the high traded volume and the expected year-end seasonality and historical trend patterns that are likely to support recovery in the short to long run, as investors increase their positions on a pullback. Advancers outnumbered decliners in the ratio of 35:27, on a mixed sentiment as revealed by investors’ sentiment report showing a 61% sell volume and 39% buy position. Money Flow Index rose to 61.39bps from the previous week’s 66.36 points, an indication that funds exited the market.

NSEASI WEEKLY CHART MOVEMENT

NGX index’s action, on a weekly chart, maintained a bullish pattern despite pulling back on selloffs during the week, reversal is imminent as revealed by the hammer candlestick formation at the end of the week’s trading on a strong support level and high volume traded. The candlestick pattern indicates a bearish outing and that the market is correcting. Also with all eyes on fixed income market yields and oil prices that should further support market fundamentals to attract liquidity to the equity space. This pullback at this point is creating new buying opportunities.

Bullish Sectoral Indices

The performance indexes across sectors were up, except for the NGX Industrial Goods that closed 5.42% lower, while the NGX Banking led the advancers after gaining 5.55%, followed by Energy, Insurance, and Consumer Goods with 1.27%, 1.24%, and 0.11% respectively. Transactions in volume and value terms went up, as investors exchanged 2.63bn shares worth N26.90bn, compared to the previous week’s 1.28bn units valued at N17.34bn. Volume was driven by Financial Services, services, and Consumer Goods, particularly FBN Holdings, Sterling Bank, C/I Leasing GTCO, and Transcorp.

Meyer and Consolidated Hallmark were the best-performing stocks during the week after gaining 50% and 25% respectively, closing at N0.33 and N0.55 per share respectively on market forces. On the flip side, Unity Bank and Dangote Cement lost 15.69% and 10% respectively, at N0.43 and N252.00per share, purely market forces and profit-taking.

Outlook for the week

We expect a mixed sentiment, as investors and bargain hunters take advantage of price correction in fundamentally sound stocks for repositioning, ahead of seasonality and historical trends. It is also noteworthy that funds and portfolio managers continue to take a position on the strength of Q3 numbers ahead of the current financial year-end. For now, many stocks remain within their buy ranges to attract funds into the equity space. Also, investors will continue tracking yields movement in the fixed income market. Also, investors are still observing the interplay of forces in the FX market as the CBN gives a guideline for the new digital currency platform. Last week’s low volume suggests that institutional investors are not selling. It is noteworthy that oil prices rebounded to trade above $84 in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

Now is the time to start planning for next year. If you don’t make a plan for 2022 right now, you could be left behind, which means you will end up doing the same things you did this year.

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Ambrose Omordion
CRO|Investdata Consulting Ltd
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08179547605
https://investdata.com.ng/ngx-set-for-recovery-ahead-of-seasonality-historical-trends-as-2021-winds-down/

Sentiment Report for December 13, 2021

NGXASI buy 78% sell 22% volume index 0.72 MFI 33.39
Academy buy � volume index 1.76 MFI 96.57
Access buy 0% MFI 38.68
Aiico buy � volume index 0.75 MFI 64.87
Caverton buy � volume index 2.22 MFI 2.38
Corner buy 0% volume index 8.00 MFI 5.49
Dangcem buy 44% sell 56% volume index 10.40 MFI 77.85
Eti buy � volume index 0.78 MFI 53.43
Fbnh buy � MFI 35.72
Fcmb buy 20% sell 80% MFI 54.65
Fidelity buy 75% sell 25% MFI 36.48
Ftn buy � volume index 1.01 MFI 28.51
GTCO buy 0% MFI 11.77
Honyflour buy 50% sell 50% MFI 62.96
Jaiz buy 0% MFI 42.89
Lvstk buy 0% volume index 1.22 MFI 40.83
Mben buy 50% sell 50% MFI 34.91
Nahco buy � volume index 0.85 MFI 56.76
Oando buy 0% MFI 11.88
Royalex buy � volume index 1.98 MFI 52.69
Sovrenins buy � volume index 1.14 MFI 89.09
Sterling buy 67% sell 33% MFI 93.80
Transcorp buy � volume index 0.73 MFI 43.14
Uba buy 0% volume index 0.76 MFI 37.99
Ubn buy � volume index 1.03 MFI 36.19
Ucap buy � MFI 41.40
Unity buy 63% sell 37% volume index 10.02 MFI 6.90
Wapco buy � MFI 56.01
Wapic buy 0% volume index 1.10 MFI 75.93
Wema buy � volume index 1.58 MFI 17.96
Zenith buy 50% sell 50% MFI 48.21

Investdata Daily Sentiment Report

Days To 2021 Year-end, Expect Uptrend Amidst Asset Rebalancing, Seasonality

Market Update for December 13
The nation’s equity market started the week’s trading on a strong positive note, driven by investors buying interest in telecoms giants MTN Nigeria and other blue-chip stocks to sustain a bull-run for the second consecutive trading session on a low traded volume and positive breadth ahead of historical trends and patterns associated with year-end and ahead of the Santa Claus rally.

Though the reasons for a Santa Claus rally are debatable, the main school of thought is that because there is less institutional participation in the market with many taking time off to travel, the stock market is left in the hands of the retail investors who tend to be more hopeful and cheerier.

However, this Christmas is far from average, casting doubts on the potential Christmas rally which normally occurs in the last two weeks of December.

There is the expected end of the quarter and year windowing by investors in the prices of listed companies by fund managers, coupled with the expectation of high cap stocks rally which has helped before now to close the market higher. With the behavior of the market so far, there are insinuations as to whether such sentiments will equally push many equities up during this period, especially between now and January when the billionaires are rated based on their assets and shareholding in publicly traded companies, which implies that there is likely to be movement in share prices in this season. This will ride on the general market performance, despite the mixed information on the new variant of the COVID-19 virus, as consumption of goods and services remain relatively stable during this festive season to further support the bottom lines of many companies as the year winds down.

However, if the institutional space is going to make a turnaround, it needs to overshoot the 44,000 basis points’ mark. That said, the smart money space is not sticking out as the only weak sector, looking at other key sectors like the financial, agriculture, industrial goods, services, banking, consumer goods, and construction.

This means that the retail space is not being singled out as profit-taking is still evident across the major indexes, following which if there is going to be a Santa rally this year, we can watch for signs that NGX 30 can hold these recent highs along with other key sectors.

Technically, the NGX index’s action has turned up on renewed buying interests, as momentum indicators for the day were green, while the ADX is reading 35.63, RSI at 50.06, and Money Flow Index flat at 33.39 points on the daily chart. The continuation of this trend depends largely on the interplay of market forces and inflow of funds into equity space as the market open on Tuesday.

Meanwhile, Monday’s trading opened slightly in the green and was sustained throughout the day after oscillating on position taking in highly capitalized stocks and others, a situation that pushed the NGX index to an intraday high of 42,582.94 basis points from its lows of 41,816.06bps before closing higher above the opening points at 42,411.12bps.

Market technicals for the session were positive and mixed as volume traded was lower than the previous day’s in the midst of positive breadth and positive sentimentas revealed by Investdata’s Sentiment Report showing 78% buy position and 22% sell volume. The total transaction volume index stood at 0.72 points, just as momentum behind the day’s performance remained relatively weak. Money Flow Index read 33.39 points, from the previous day’s 33.30points, indicating that funds entered the market.

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Index and Mkt Cap Movement

At the end of Monday’s trading, the key performance NGX All-Share Index gained 528.15 basis points, at 42,411bps after opening at 41,882.97bps, representing a 1.26% growth, just as market capitalization rose by N275.59bn, closing at N22.13tr, from the opening value of N21.85tr, also representing 1.26% value gain.

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Monday’s upturn was driven by demand for stocks like MTNN, Dangote Cement, Lafarge Africa, UBN, GSK, Ecobank Transnational Incorporated, Honeywell, Vitafoam, Flour Mills and Meyer, among others, which impacted positively on Year-To-Date gain, increased it to 5.32%. Market capitalization stood at N1.12tr YTD, representing a 5.09% growth from the year’s opening value.

Bearish Sector Indices

Sectoral performance indexes were down, except for NGX Industrial Goods that closed higher by 0.66%, while NGX Oil/Gas led the decliners, after losing 0.86%, followed by Banking, Insurance and Consumer Goods with 0.47%, 0.15% and 0.05% respectively.

Market breadth remains positive as gainers outnumbered losers in the ratio of 23:16, while activities in volume and value terms were down after investors exchanged 229.64 million shares worth N3.39bn, compared to the previous day’s 444.93m units valued at N3.42bn. Volume was boosted by trades in Unity Bank, Universal Insurance, FBNH, GTCO, UBA, and Zenith Bank.

Meyer and Academy Press were the best-performing stocks after gaining 9.09% and 8.51% respectively, closing at N0.36 and N0.51per share respectively on market forces. On the flip side, NASCON Allied and Cornerstone Insurance lost 6.71% and 6% respectively, closing at N13.05 and N0.47 per share, purely on profit-taking.

Market Outlook

We expect an uptrend after the NGX index broke out its recent resistance level of 42,436.16 to test 42,582.94 points before closing above its 50-Day Moving Average and bouncing back on a low buying volume as assets rebalancing with seasonality historical trends and patterns are likely to influence equity prices ahead of year-end window dressing. The high volume traded in the midst of retracement is creating new buy opportunities on the strength of the Q3 numbers. Also, candlestick formation and volume traded during the session revealed that institutional players are buying especially banking stocks and other blue-chip companies, as the index rallied on a high volume. It is equally noteworthy that during a ranging market many players seat on the fence waiting for a breakout or down before jumping into any position. Even as many stocks are trading within their buy ranges, a situation expected to attract more funds into the stock market, given the Dividend Yield capable of serving as a hedge against inflation.

2022 Q1 Master Class Actionable Trading Plan & Opportunities

Now is the time to start planning for next year. If you don’t make a plan for 2022 right now, you could be left behind, which means you will end up doing the same things you did this year.

How did that work out for you? If you want to focus on building a profitable portfolio in 2022. Then get access to Q1 2022 Master Trading Action Plan right away. The Action Plan includes 5 Hot Stocks for capital appreciation and 5 Double-digit Dividend Paying Stocks. Get ready for Q1 2022.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 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 now.

https://investdata.com.ng/days-to-2021-year-end-expect-uptrend-amidst-asset-rebalancing-seasonality/