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I just posted *ANALYST HANGOUT I: PRELINE INITIATES MTO FOR 1.3MN ORDINARY SHARES OF ETERNA PLC*


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Ambrose Omordion

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.

Hello Investors and Traders,

I just posted *NGX Questions and Answers with Ambrose Omordion as at 6th August, 2022*


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Hello Investors and Traders,

I just posted *ANALYST HANGOUT III: OIL SECTOR AND COMPARATIVE ANALYSIS OF Q2 OIL GAS EARNINGS PERFORMANCE*


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Ambrose Omordion

Hello Investors and Traders,

I just posted *INVESTDATA TRADING ACADEMY LIVE WITH AMBROSE AS AT 08/08/2022*


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Ambrose Omordion

Expect Mixed Trend, Sentiments On Bargain Hunting, Reactions To H1 Financials

Market Update for August 8

Profit-taking and selloffs again resurfaced on the Nigerian exchange on Monday as the second week of August started on a negative note. Profit taking hit telecommunication giant- MTNN ahead of its qualification date for the N5.60 interim dividends in the midst of a better-than-expected half-year result posted by the company, making its shares attractive and cheap for discerning investors.

Monday’s trading had a volatile session, reversing the previous day’s gain on a selling sentiment as the benchmark NGX All-Share index closed lower on a very high traded volume in the midst of negative market breadth to signal a top reversal pattern that need to be confirm as trading opens today. Market players seem to be cautious as they continued to digest the recent impressive corporate earnings that are yet to impact the share prices and the market due to low liquidity and confidence, even when these numbers are revealing value and inherent upside potentials in these stocks.

At the current market situation, investors and traders should know how to use the right and best tools, knowing the relationship between their technical tools and indicators will help profitable trading by identifying chart patterns for pure profits. What you need to understand in any chart are price actions, volume and time. You cannot have one without the other. Volume and price movement provide a potential trade setup if you must buy or sell stock. At any time you desire to enter a trade, try to build a story in your mind by asking who is in control and how long they have been in control, between the bear and bull. The answer will help you decide, or know if the trade will work or not.

The increasing global volatility as a result of rising rates, inflation, geopolitical tension and slowing consumer spending. However, there are pockets of strength in some sectors amidst the better-than-expected earnings releases that offer insights into strong group stocks with value in the industries and companies in the various sectors. There is the possibility of sectors beating the next quarterly estimates and predictions, attaining their pre-pandemic performances as they deal with capacity in the midst of soaring costs and insecurity.

Despite Monday’s pullback, the market uptrend remains intact as players look forward to market forces on Tuesday, just as investors need to navigate the market now as many equity prices look cheap on the strength of impressive earnings and relatively low prices. The market cycle of a bear situation and market bottom in the face of technical patterns of oversold market or individual stocks supports the uptrend, as bargain hunters take advantage of the pullbacks or relatively low P/E ratio to reposition their portfolios.

The NGX index action still trades above 50,000 mark but below the ‘T line’ and 50-day moving average, to attract bargain hunters as sector rotation and portfolio rebalancing increased amidst the scorecards of many companies in the market. It is, therefore, time to use technical tools, if you have been ignoring the charts and fighting the trends, it is your chance to step up your game. At this current market mood, investors and traders should target leaders in the various sectors with strong fundamentals, and positive technicals as the market reversal is underway depending on the earnings power.

To navigate this month profitably using fundamental and technical analysis to run, join investdata live sessions at noon every trading day “and also get investdata technical toolbox to play the current state of the market do suggest that discerning investors are gradually becoming greedy, while others are fearful, as seen in the recent range market. Despite the mixed sentiment witnessed, it is time to go shopping for undervalued stocks, sectors and the next insider playing opportunity.”

Oil prices continued to oscillate after pulling back to their six-month low on output concerns and fear of recession to trade at $95.89 per barrel in the international market, following the low factory activities in China, Japan and others that now signal demand fear, made worse by the weakened GDP in the US that may push the world’s largest economy into a technical recession. Already, central banks across the globe have continued to hike rates in the fight against rising inflation, in the midst of a sluggish economic growth data from China and others. All these have continued to influence the monetary policy options of central banks as they move to checkmate the impacts of the Russia-Ukraine conflict on the global economy to avoid the looming economic recession.

Meanwhile, Monday’s trading opened slightly in the green and osculated for the rest of the trading session, pulling back on selloffs and profit-taking in blue-chip stocks, a situation that pushed the NGX’s index to an intraday low of 50,489.07bps from its highs of 50,748.18ps, before closing below its opening point at 50,489.73 bps.

Market technicals were negative and mixed, with higher volume traded than the previous day in the midst of breadth favoring bears on selling pressure as revealed by Investdata’s Sentiments Report showing 100% sell volume. The total transaction volume index stood at 1.12points, just as impetus behind the day’s performance was weak as Money Flow Index is looking flat at 31.87pts, from the previous day’s 31.80pts, indicating that funds entered the market, despite closing down.

For you to successfully invest and trade in this volatile market, order for Investdata’s video on Buy & Sell Technical Analysis Toolbox to navigate the volatile market 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 Market Caps

At the end of Monday’s trading, the key performance index fell by 232.60bps, closing at 50,489.73bps, after opening at 50,722.33bps, representing a 0.46% decline, just as market capitalization fell by N125.45bn, closing at N27.23tr, from the previous day’s N27.36tr, which also represented a 0.46% depreciation 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 35 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double the potentials to rally, considering their earnings prospects and the oscillating moves in a recovery market and economy.

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 that can stimulate and re-track the economy to the path of growth and development.

Monday’s downturn was driven by profit-taking and selloffs in MTNN, NGXGroup, GTCO, Zenith Bank, UPDC, IMG, Skyway Aviation, Cutix, Ellah Lakes, Caverton, FBNH and FCMB, among others, which impacted negatively on Year-To-Date gain, which reduced to 18.20%. Market capitalization gain YTD also fell to N3.79tr YTD, representing a 22.14% rise over the opening level for the year.

Mixed Sector Indices

Performance indexes across sectors were mixed, as the NGX Insurance and Consumer Goods closed higher by 1.38% and 0.17% respectively, while NGX Banking led the decliners after losing 1.10%, followed by Industrial goods with 0.01%. Just as Energy closed flat

Market breadth, turned negative as losers outnumbered gainers in the ratio of 15:10; just as activities in volume and value terms were up, after players exchanged 207.20m shares worth N2.12bn, with volume driven by trades in FBNH, Multiverse, Accesscorp, Aiico and Zenith Bank.

Japaul Gold and Honeywell Flour were the best-performing stocks, gaining 8.82% and 5.73%, closing at N0.37 and N2.95 per share respectively on market forces. On the flip side, RT Briscoe and IMG lost 10% and 9.84% respectively, closing at N0.36 and N8.25 per share, purely on selloffs.

Market Outlook

Expect a mixed trend and sentiments to continue on bargain hunting as players react to impressive half-year financials of companies in the midst of sovereign risks, as interim dividends are expected from first-tier banking stocks. We note also the flow of funds into the fixed income segment on the rate hike by the CBN, as sector rotation persists. Analysts are also focused on the lookout for Q2 GDP and flow of funds amid oil prices oscillation. Also, the market continues to interpret the rising inflation in relation to the crude oil price and other factors, in the midst of profit-taking and portfolio rebalancing. This will result in market players targeting fundamentally sound and dividend-paying stocks in the hope of dividend announcements.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 2022 Actionable Trading Plan and Opportunities in Q1, INVEST 2022 Traders & Investors Summit materials and 10 Golden Stocks for 2022, 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-sentiments-on-bargain-hunting-reactions-to-h1-financials/

*It is About to Start... Join me for Investdata Academy Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,

*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It will holds Mondays to Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/channel/UC6RvZbWNeHjhCxyLI4syGEg

Ambrose Omordion

Hello Investors and Traders,

I just posted *INVESTDATA TRADING ACADEMY LIVE WITH AMBROSE AS AT 09/08/2022*


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


Ambrose Omordion

Hello Investors and Traders,

I just posted *INVESTDATA TRADING ACADEMY LIVE WITH AMBROSE AS AT 09/08/2022*

Share with me what you think about the VIDEO.

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


Ambrose Omordion

*Are you Ready?... Join me for Investdata Academy Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,

*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It will holds Mondays to Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/channel/UC6RvZbWNeHjhCxyLI4syGEg

Ambrose Omordion

Expect Reversal On Bargain Hunting, Amid Reactions To Impressive H1 Results, Hope Of More Scorecards

Market Update for August 9
The nation’s stock market had mixed session on Tuesday, recording a sharp decline, following selloffs in blue chips- Dangote Cement, and MTNN, among others thereby extending the bear transition for a second consecutive session on a low traded volume and negative market breadth in the midst of impressive corporate earnings and low liquidity.

The seeming pullbacks in highly priced stocks due to the market perception and reactions to the prevailing market condition that has created ‘buy’ opportunities for discerning investors and traders that understand stock market dynamics, especially as these companies earnings performance had beat market expectations to indicate value and cheap state of these stocks. Despite the mixed numbers posted by Dangote Cement, the stock remain attractive on the back of positive fundamental news for its sector and expected impact of its cross boarder operations. On the other hand, MTNN looks good at the current price ahead of the qualification date for the N5.60 interim dividends in the midst of a better-than-expected half-year result posted by the company, making its shares attractive and cheap for discerning investors.

The market confirmed its decline phase at the end of Tuesday’s trading, breaking down the strong support level of 49,603.12 points on a selling sentiment as the benchmark NGX All-Share index closed lower on a downtrend pattern to test 49,342.60 points. Market players seem cautious at this point, while continuing to digest the recent impressive corporate earnings that are yet to impact the share prices and the market due to low liquidity and confidence, even when these numbers are revealing value and inherent upside potentials in these stocks.

The increasing global volatility as a result of rising rates, inflation, geopolitical tension and slowing consumer spending. However, there are pockets of strength in some sectors amidst the better-than-expected earnings releases that offer insights into strong group stocks with value in the industries and companies in the various sectors. There is the possibility of sectors beating the next quarterly estimates and predictions, attaining their pre-pandemic performances as they deal with capacity in the midst of soaring costs and insecurity.

The NGX All-Share index’s action currently trades below the 50,000 mark, ‘T line’ and the 20-day moving average, on market correction and pullbacks to attract bargain hunters as sector rotation and portfolio rebalancing increased amidst the recent scorecards of many companies on the exchange. It is, therefore, time to use technical tools, if you have been ignoring the charts and fighting the trends, it is your chance to step up your game. At this current market mood, investors and traders should target leaders in the various sectors with strong fundamentals, and positive technicals as the market reversal is underway depending on the earnings power.

To navigate this month profitably using fundamental and technical analysis to run, join investdata live sessions at noon every trading day “and also get investdata technical toolbox to play the current state of the market do suggest that discerning investors are gradually becoming greedy, while others are fearful, as seen in the recent range market. Despite the mixed sentiment witnessed, it is time to go shopping for undervalued stocks, sectors and the next insider playing opportunity.”

Oil prices continued to oscillate after pulling back to their six-month low on worrying signal from oil traders of a European exposure to recession to trade at $95.38 per barrel in the international market, following the low factory activities in China, Japan and others that now signal demand fear, made worse by the weakened GDP in the US that may push the world’s largest economy into a technical recession. Already, central banks across the globe have continued to hike rates in the fight against rising inflation, in the midst of a sluggish economic growth data from China and others. All these have continued to influence the monetary policy options of central banks as they move to checkmate the impacts of the Russia-Ukraine conflict on the global economy to avoid the looming economic recession.

Tuesday’s trading started slightly on the upside and oscillated sharply throughout the trading session, pulling back on selloffs and profit-taking in large cap stocks, a situation that pushed the NGX’s index below 50,000 mark to an intraday low of 49,342.60bps from its highs of 50,489.73ps, before closing below its opening point at 49,350.71 bps.

Market technicals were negative and mixed, with lower volume traded than the previous day in the midst of breadth favoring bears on selling pressure as revealed by Investdata’s Sentiments Report showing 99% sell volume and 1% buy position. The total transaction volume index stood at 0.76points, just as energy behind the day’s performance was weak as Money Flow Index is looking flat at 33.36pts, from the previous day’s 31.87pts, indicating that funds entered the market, despite down market.

For you to successfully invest and trade in this volatile market, order for Investdata’s video on Buy & Sell Technical Analysis Toolbox to navigate the volatile market 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 Market Caps
The composite index NGXASI, at the close of Tuesday trading fell by 1,139.02bps, closing at 49,350.71bps, after opening at 50,489.73bps, representing a 2.30% decline, just as market capitalization fell by N614.36bn, closing at N26.62tr, from the previous day’s N27.23tr, which also represented a 2.3% 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 35 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double the potentials to rally, considering their earnings prospects and the oscillating moves in a recovery market and economy.

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 that can stimulate and re-track the economy to the path of growth and development.

Meanwhile, Tuesday’s downturn was driven by profit-taking and selloffs in Dangote Cement, MTNN, Stanbic IBTC, Oando, Champion, Honeywell, Nahco, UBA, International Breweries and Mansard, among others, which impacted negatively on Year-To-Date gain, which reduced to 15.53%. Market capitalization gain YTD also fell to N3.10tr YTD, representing a 19.29% rise over the opening level for the year.

Mixed Sector Indices
The performance indexes across sectors were mixed, as the NGX Banking and Insurance closed higher by 0.60% and 0.24% respectively, while NGX Industrial goods led the decliners after losing 4.83%, followed by Consumer goods and Energy with 0.29% and 0.27% respectively.

Market breadth, remains negative as losers outnumbered gainers in the ratio of 16:12; just as activities in volume and value terms were down, after stockbrokers crossed 140.61m shares worth N1.60bn, with volume driven by trades in Japaul Gold, Aiico, Sterling Bank, Sovereign Trust Insurance and GTCO.

NEM Insurance and Prestige Assurance were the best-performing stocks, gaining 10% each, closing at N3.74 and N0.44 per share respectively on market forces. On the flip side, Cornerstone Insurance and Dangote Cement lost 9.33% and 9.06% respectively, closing at N0.68 and N241.00 per share, purely on profit taking and selloffs.

Market Outlook

Expect a reversal on bargain hunting as players react to impressive half-year results in expectation of more company’s scorecards especially from the first tier banks in the midst of sovereign risks, as all eyes are on interim dividends. We note also the flow of funds into the fixed income segment on the rate hike by the CBN, as sector rotation persists. Analysts are also focused on the lookout for Q2 GDP and flow of funds amid oil prices oscillation. Also, the market continues to interpret the rising inflation in relation to the crude oil price and other factors, in the midst of profit-taking and portfolio rebalancing. This will result in market players targeting fundamentally sound and dividend-paying stocks in the hope of dividend announcements.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 2022 Actionable Trading Plan and Opportunities in Q1, INVEST 2022 Traders & Investors Summit materials and 10 Golden Stocks for 2022, 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-reversal-on-bargain-hunting-amid-reactions-to-impressive-h1-results-hope-of-more-scorecards/

NGX Rebounds On Low Price Attraction, Amidst Strong Earnings, Low Liquidity

Market Update for August 10

Midweek’s trading on the Nigerian Exchange turned positive once again, halting two successive sessions of bear run as market players react to the better-than-expected corporate earnings and bargain hunters take advantage of the recent pullbacks to reposition their portfolios for robust returns. Also, the nation’s stock market joined its counterpart across the globe to close higher on the seeming positive US July inflation report that eased, closing lower at 8.6% from 9.1% in June, which signaled the high possibility of the Feds slowing down its tightening of the September monetary policy. This is also on the back of the positive job data, and the over 30% decline in oil prices over the last six months to trade below $100, just as gasoline price dropped below $3 per litre, from its high of $5 in recent months.

Back home, the renewed buying interests in high priced stocks and blue chip companies, especially those that suffered losses in the midst of the strong numbers posted by these companies, thereby revealing their undervalued state, as well as the high dividend yields which indicate the possibility of a higher payout as a hedge against the rising inflation, while all eyes are on the July Consumer Price Index report expected next week Monday from the National Bureau of Statistics (NBS).

The volume of trade on Wednesday improved on a positive market breadth, despite the prevailing low liquidity, amid a positive sentiment and accumulation in blue chip stocks due to perception and reactions to the prevailing condition that has created ‘buy’ opportunities for discerning investors and traders that understand stock market dynamics. This is especially as these companies’ earnings performance beat market expectations to indicate their inherent value and the cheap state of these stocks.

The market reversed its loss breaking out the 50,000 mark again on a ‘buy’ sentiment to test 50,100 basis points. Traders see opportunities in the pullbacks at this point, while continuing to digest the recent impressive corporate earnings that seems to impact the share prices and the market regardless of the low liquidity and confidence. It is noteworthy also that these numbers are revealing value and intrinsic upside potentials in these stocks.

While we note the effects of the increasing global volatility as a result of rising rates, inflation, geopolitical tension and slowing consumer spending, there are however, pockets of strength in some sectors amidst the better-than-expected earnings releases that offer insights into strong group stocks with value in the industries and companies in the various sectors. There is the possibility of sectors beating the next quarterly estimates and predictions, attaining their pre-pandemic performances as they deal with capacity in the midst of soaring costs and insecurity.

Despite the rebound in the NGX index action, it is still trading below the ‘T line’ and the 50-day moving average, on retracement that attracts bargain hunters as sector rotation and portfolio rebalancing increased amidst the recent scorecards of many companies on the exchange. It is, therefore, time to use technical tools, if you have been ignoring the charts and fighting the trends, it is your chance to step up your game. At this current market mood, investors and traders should target leaders in the various sectors with strong fundamentals, and positive technicals as the market reversal is underway depending on the earnings power.

To navigate this month profitably using fundamental and technical analysis to run, join investdata live sessions at noon every trading day “and also get investdata technical toolbox to play the current state of the market do suggest that discerning investors are gradually becoming greedy, while others are fearful, as seen in the recent range market. Despite the mixed sentiment witnessed, it is time to go shopping for undervalued stocks, sectors and the next insider playing opportunity.”

Oil prices rebounded after pulling back to their six-month low on worrying signals from oil traders of a European exposure to recession, trading at $97.14 per barrel in the international market, following the US’ positive economic data, especially the jobs report and slight drop in the July inflation figure. These are happening amidst the low factory activities in China, Japan and others that now signal demand fear, made worse by the weakened GDP in the US that may push the world’s largest economy into a technical recession. Already, central banks across the globe have continued to hike rates in the fight against rising inflation, in the midst of a sluggish economic growth data from China and others. All these have continued to influence the monetary policy options of central banks as they move to checkmate the impacts of the Russia-Ukraine conflict on the global economy to avoid the looming economic recession.

Meanwhile, Wednesday’s trading opened slightly in the green and was flattish by midday before rebounding in the afternoon on buying interest in blue-chips, a situation that pushed the NGX’s index to an intraday high of 50,100.32bps from its lows of 49,342.71ps, before closing above its opening point at 50,075.47bps.

Market technicals were positive and strong, with higher volume traded than the previous day in the midst of breadth favoring bulls on a buying pressure as revealed by Investdata’s Sentiments Report showing 100% buy volume. The total transaction volume index stood at 1.12points, just as momentum behind the day’s performance was weak as Money Flow Index is looking up at 38.89pts, from the previous day’s 33.87pts, indicating that funds entered the market.

For you to successfully invest and trade in this volatile market, order for Investdata’s video on Buy & Sell Technical Analysis Toolbox to navigate the volatile market 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 Market Caps
At the end of midweek’s trading, the benchmark NGX All-Share Index gained 724.76bps, closing at 50,075.47bps, after opening at 49,350.71bps, representing a 1.5% growth, just as market capitalization rose by N390.92bn, closing at N27.01tr, from the previous day’s N26.62tr, which also represented a 1.5% 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 35 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double the potentials to rally, considering their earnings prospects and the oscillating moves in a recovery market and economy.

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 that can stimulate and re-track the economy to the path of growth and development.

Midweek’s upturn was driven by position-taking in Dangote Cement, NEM, Guinness, Dangote Sugar, Zenith Bank, UBN, Fidelity Bank, Etranzact, International Breweries and Africa Prudential, among others, which impacted positively on Year-To-Date gain, which increased to 17.23%. Market capitalization gain YTD also rose to N3.53tr YTD, representing a 20.76% rise over the opening level for the year.

Bullish Sector Indices

The sectorial performance indexes were bullish, with the NGX Industrial Goods leading the advancers’ side, after gaining 4.35%, followed by Insurance, Banking, Consumer Goods and Energy with 1.91%. 0.42%, 0.33% and 0.06% respectively.

Market breadth turned positive as gainers outnumbered losers in the ratio of 20:10; just as transactions in volume and value terms were up, after players exchanged 279.22m shares worth N2.08bn, with volume driven by trades in Jaiz Bank, FBNH, UBA, Aiico and Japaul Gold.

Dangote Cement and NEM Insurance were the best-performing stocks, gaining 9.96% and 9.89% respectively, closing at N265.00 and N4.11per share respectively on low price attraction and market forces. On the flip side, Lafarge Africa and Nacho lost 8.84% and 8.62% respectively, closing at N23.20 and N5.30 per share, purely on market forces and profit taking.

Market Outlook

Expect the mixed trends and sentiments to continue on bargain hunting as players react to the impressive half-year results in expectation of more company’s scorecards, especially from the first-tier banks in the midst of sovereign risks, as all eyes are on interim dividends. We note also the flow of funds into the fixed income segment on the rate hike by the CBN, as sector rotation persists. Analysts are also focused on the lookout for Q2 GDP and flow of funds amid oil prices oscillation. Also, the market continues to interpret the rising inflation in relation to the crude oil price and other factors, in the midst of profit-taking and portfolio rebalancing. This will result in market players targeting fundamentally sound and dividend-paying stocks in the hope of dividend announcements.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 2022 Actionable Trading Plan and Opportunities in Q1, INVEST 2022 Traders & Investors Summit materials and 10 Golden Stocks for 2022, 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/ngx-rebounds-on-low-price-attraction-amidst-strong-earnings-low-liquidity/

*Everything is Set and Ready for you?... Join me for Investdata Academy Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,

*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It will holds Mondays to Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/channel/UC6RvZbWNeHjhCxyLI4syGEg

Ambrose Omordion

Hello Investors and Traders,

I just posted *INVESTDATA TRADING ACADEMY LIVE WITH AMBROSE AS AT 11/08/2022*


Share with me what you think about the VIDEO.

Don't forget to click on *subscribe button and Notification beside* so that you can immediately get the latest update.



https://www.youtube.com/watch?v=Vz7dCGXY3OM


Ambrose Omordion

*It's another Friday?... Join me for Investdata Academy Live with Ambrose Omordion by 12pm.*

Hello Investors and Traders,

*Investdata Trading Academy Live with Ambrose*

This is about understanding the daily volatility to take profitable investment decision knowing the trend and market every hour.

It will holds Mondays to Fridays 12:00noon prompt.

*IT IS ABSOLUTELY FREE*

Click on the below link to subscribe, instant notification and join now...

https://www.youtube.com/channel/UC6RvZbWNeHjhCxyLI4syGEg

Ambrose Omordion

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

*NGX Questions and Answers with Ambrose Omordion*

will hold this Saturday 13/08/2022. Time: 12:00noon
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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.

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Expect Mixed Trends, Sentiments On Portfolio Realignments, Soaring Inflation

Market Update for August 15

The nation’s equity market started the second week of August on a flat note and mixed sentiments, resisting further decline or correction as revealed by the NGX All-Share index’s action. Transaction volume was very high, extending the third successive sessions of bear transition in the face of low liquidity and continued interpretation of recent corporate earnings and actions by institutional investors and others.

Also on Monday, the consumer price index for the month of July was released by the National Bureau of Statistics (NBS), the high point of which was the inflation in Nigeria hit its 17-year high at 19.64% year-on-year, compared to the 18.60% figure posted in June 2022, after six consecutive months of soaring prices. The rate, however, moderated on Month-to-Month basis, as rate of change was insignificant on food and core inflation due to harvest season just kicking off and moderation in diesel price, coupled with global slowdown of commodities prices since greens started leaving the war zone.

The latest macroeconomic data is expected to trigger flow of funds in the financial markets to preserve value, this will lead to continued assets reclassification and portfolio diversification to stay ahead of inflation figure. As this will further put the fixed income market under pressure due to the fixed rate return which is already in real negative return because is below the prevailing rate of inflation.

The ongoing mixed sentiments is due to selloffs, pullbacks and position taking by bargain hunters taking advantage of the prevailing relatively low prices of stocks and blue chip companies relative to value. This is especially true of those that suffered losses in the midst of the strong numbers posted by these companies, thereby revealing their undervalued state, as seen in the high dividend yields indicating the possibility of a higher payout as a hedge against the soaring inflation.

The volume pattern in recent days and weeks reveals accumulation in some sectors and individual stocks, also selloffs in some other stocks and sectors as money flow index has also suggests that funds are entering the market despite the mixed trend and breadth. The prevailing market condition is creating ‘buy’ opportunities for discerning investors and traders that understand stock market dynamics, especially as these companies’ earnings performance beat market expectations to indicate their inherent value and the cheap state of these stocks.

Despite, the oscillating trend in the market, value investors are cashing in the pullbacks opportunities at this point, while continuing to digest the recent impressive corporate earnings that seems to impact the share prices and the market regardless of the low liquidity and confidence. It is noteworthy also that these numbers are revealing value and intrinsic upside potentials of these stocks.

While we note the effects of the increasing global volatility as a result of rising rates, inflation, geopolitical tension and slowing consumer spending, there are however, pockets of strength in some sectors amidst the better-than-expected earnings releases that offer insights into strong group stocks with value in the industries and companies in the various sectors. There is the possibility of sectors beating the next quarterly estimates and predictions, attaining their pre-pandemic performances as they deal with capacity in the midst of soaring costs and insecurity.

The NGX index’s action as at the end of Monday’s trading still trading below the ‘T line’ and the 20-day moving average, to formed a double bottom that signal reversal as sector rotation and portfolio rebalancing increased amidst the recent scorecards of many companies on the exchange. It is, therefore, time to use technical tools, if you have been ignoring the charts and fighting the trends, it is your chance to step up your game. At this current market mood, investors and traders should target leaders in the various sectors with strong fundamentals, and positive technicals as the market reversal is underway depending on the earnings power.

To navigate this month profitably using fundamental and technical analysis to run, join investdata live sessions at noon every trading day “and also get investdata technical toolbox to play the current state of the market do suggest that discerning investors are gradually becoming greedy, while others are fearful, as seen in the recent range market. Despite the mixed sentiment witnessed, it is time to go shopping for undervalued stocks, sectors and the next insider playing opportunity.”

Oil prices extended it pulled backs to trade at $93.91 per barrel in the international market, following the china weak economic data and fear of recession that linger on increasing geopolitical tension. These are happening amidst the low factory activities in China, Japan and others that now signal demand fear, made worse by the weakened GDP in the US that may push the world’s largest economy into a technical recession.

Already, central banks across the globe have continued to hike rates in the fight against rising inflation, in the midst of a sluggish economic growth data from China and others. All these have continued to influence the monetary policy options of central banks as they move to checkmate the impacts of the Russia-Ukraine conflict on the global economy to avoid the looming economic recession.

Meanwhile, Monday’s trading on the NGX started on the upside, but oscillated to pullback in the afternoon on selloffs in high cap stocks, a situation that pushed the NGX’s index to an intraday low of 49,373.13bps from its highs of 49,724.70ps, before closing slightly below its opening point at 49,657.33bps.

Market technicals were weak and mixed, with lower volume of shares traded than the previous day in the midst of breadth favoring bears on a buying sentiment as revealed by Investdata’s Sentiments Report showing 81% buy volume and 19% buy position. The total transaction volume index stood at 1.21points, just as impetus behind the day’s performance was relatively weak as Money Flow Index is looking down at 45.90pts, from the previous day’s 46.83pts, indicating that funds left the market.

For you to successfully invest and trade in this volatile market, order for Investdata’s video on Buy & Sell Technical Analysis Toolbox to navigate the volatile market 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 Market Caps

At the end of Monday’s session, the benchmark NGXASI slipped by a marginal 6.74bps, closing at 49,657.33bps, after opening at 49,664.07bps, representing a 0.07% drop, just as market capitalization fell by N3.63bn, closing at N26.78tr, from the previous day’s N26.79tr, which also represented a 0.07% 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 35 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double the potentials to rally, considering their earnings prospects and the oscillating moves in a recovery market and economy.

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 that can stimulate and re-track the economy to the path of growth and development.

Monday’s downturn was driven by price adjustments in Seplat Energy and Flour Mills for dividends and selloffs in Presco, Dangote Sugar, Accesscorp, International Breweries, GTCO, FBNH, UBA and Sterling Bank, among others, which impacted mildly on Year-To-Date gain, which reduced to 16.25%. Market capitalization gain YTD also rose to N3.32tr YTD, representing a 20.21% rise over the opening level for the year.

Mixed Sector Indices

The sectorial performance indexes were mixed, as NGX Consumer Goods closed 0.33% lower, while NGX Industrial Goods led the advancers after gaining 0.17%, followed by Banking and Energy with 0.15% and 0.03% respectively. Just as NGX Insurance closed flat.

Market breadth turned as losers outnumbered gainer in the ratio of 17:12; just as transactions in volume and value terms were mixed, after players exchanged 210.84m shares worth N2.19bn, with volume driven by trades in Etranzact, FBNH, UBA, GTCO and Transcorp.

Neimeth Pharmaceuticals and Unity Bank were the best-performing stocks, gaining 9.29% and 4.65% respectively, closing at N1.53 and N0.45per share respectively on market forces. On the flip side, Presco and Multiverse lost 9.97% and 7.79% respectively, closing at N142.60 and N2.25 per share, purely on profit taking.

Market Outlook

We expect the mixed trends and sentiments to continue on portfolio diversification and sector rotation on bargain hunting as players interpret July inflation of 19.64% and impressive half-year results in expectation of more company’s scorecards, especially from the first-tier banks in the midst of sovereign risks, as all eyes are on interim dividends.

We note also the flow of funds into the fixed income segment on the rate hike by the CBN, as sector rotation persists. Analysts are also focused on the lookout for Q2 GDP and flow of funds amid oil prices oscillation. Also, the market continues to interpret the rising inflation in relation to the crude oil price and other factors, in the midst of profit-taking and portfolio rebalancing. This will result in market players targeting fundamentally sound and dividend-paying stocks in the hope of dividend announcements.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, 2022 Actionable Trading Plan and Opportunities in Q1, INVEST 2022 Traders & Investors Summit materials and 10 Golden Stocks for 2022, 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-trends-sentiments-on-portfolio-realignments-soaring-inflation/

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