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Us Stocks Pick Alert - Investment (273) - Nairaland

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My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria / Here’s How To Invest In US Stocks From Nigeria (2) (3) (4)

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Re: Us Stocks Pick Alert by Eghuan01: 11:14am On Feb 22
Please has anyone tried withdrawing from T212 to a naira card you previously used for deposits? Does withdrawal to naira card still work?

2 Likes

Re: Us Stocks Pick Alert by benedictuyi(m): 11:43am On Feb 22
Eghuan01:
Please has anyone tried withdrawing from T212 to a naira card you previously used for deposits? Does withdrawal to naira card still work?
CBN shared a memo recently discontinuing foreign currency payment to naira accounts. Find attached a screenshot received from stanbic Ibtc. To avoid story that touch, open a domiciliary account

4 Likes

Re: Us Stocks Pick Alert by tot(f): 11:50am On Feb 22
Peterlove11:


I have been on the platform for sometime......it just that I always have issues with ID verification. Does anyone knows how they go about it. I still want to try whether they've stopped Nigerians or not

A few people have mentioned earlier on this thread that the acceptable IDs are International passport and I think NIN. Also, the address you use must match the address on your bank statement. If you search earlier pages, you should be able to find the info.

4 Likes

Re: Us Stocks Pick Alert by yazga: 12:16pm On Feb 22
These are the barebones characteristics that you need to consider for every stock pick you make.
-Here are a few things to think about:

1) Size
-Are you looking for well-known brands with deep pockets and resources. Or very small companies that are super agile but much higher risk? Or somewhere in between?

2) Style
-Do you want fast-growing, cutting-edge stocks (growth), unloved and mispriced stocks (value) or stocks that pay a dividend (Income)?

3) Location
-Does the business have an international reach? This will affect its customer-base and complexity of operations.

4) Sector/Industry
-What goods and services does the business produce? Are they broad market? Narrow Market? Is the sector experiencing hardship? Maybe its growing fast.

5) Fundamentals
-The foundation for everything. No matter the size, style, location, sector/industry - the same thing can be said about the fundamentals. They need to be good.

Buying on the news or tips from workmates is a big risk, and if you don't do your research, you risk buying into empty hype stocks or into hidden issues that you may have spotted had you looked under the hood.

4 Likes 1 Share

Re: Us Stocks Pick Alert by yazga: 1:36pm On Feb 22
The Market:
Futures down about 0.2% as on major indexes, the market could go either way this week. Most likely scenario imo is continued consolidation like we’ve seen for the past two weeks. If market continues to show weakness, I’m looking to start cutting some lower conviction positions to increase cash position and reduce risk. Market is unlikely to see any type of crash, but we could easily see a slow trend down for the next couple months and less volatility if recent trends continue. Short term support on SPY is ~389.5 and short term resistance at ~392.5 as levels to watch closely.


stocks to watch out for
$GSAH
$PSTH
$GIK
$BTNB
$IPOF,$IPOD: Due for merger news soon, great add on all dips. Chamath knows how to get the big deals done
Pre-merger spacs I like still close to $NAV (very little risk): $SOAC, $ROCC, $CONX, $SWBK, $BREZ, $CFAC
$CRSR:
$HD:
$JMIA:
$FSLY:
$CRM:
$ETSY:
$HYLN:
$TRIT:
$LMT:
$NNOX:
$BAND:
$FUBO:
$SPWR:
$SUNW:
$QDEL:
$CBAT:
$RMO:

1 Like

Re: Us Stocks Pick Alert by yom2(m): 2:15pm On Feb 22
Suncam:

Get it from their website.
not sure they even have a website

1 Like

Re: Us Stocks Pick Alert by macphilip: 2:33pm On Feb 22
MyTopExchange is among the leading digital currency exchange websites in Nigeria.
We are recruiting to fill the position below:

Job Title: Stock Market Analyst
Location: Remote and Lagos State
Employment Type: Contract

Job Description
• Providing expert analysis on the Nigerian stock exchange markets
• Providing expert analysis on USA & international stock markets
• Providing stock market picks and trading signals

Work Status
• It’s a salary based remote job

Method of Application:
Interested persons can send their applications to:
info@mytopexchange.com using the subject: Nairaland stock analyst

2 Likes

Re: Us Stocks Pick Alert by ElectronicMoney(m): 2:59pm On Feb 22
Peterlove11:


I have been on the platform for sometime......it just that I always have issues with ID verification. Does anyone knows how they go about it. I still want to try whether they've stopped Nigerians or not

You can't force yourself in.

If they say they don't want you then they don't want you...it's best you move on

4 Likes

Re: Us Stocks Pick Alert by Jotrade: 3:16pm On Feb 22
Earnings for the week

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Re: Us Stocks Pick Alert by yazga: 3:58pm On Feb 22
BUY ALERT $RWLK

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Re: Us Stocks Pick Alert by yazga: 4:00pm On Feb 22
God please bless us today oooo cos almost my entire portfolio just deh show red up and down �
Hopefully the market will bless us with greens today.

3 Likes

Re: Us Stocks Pick Alert by afroxyz: 4:05pm On Feb 22
With interet rates going high, the pressure to sell will be high

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Re: Us Stocks Pick Alert by yazga: 4:33pm On Feb 22
True
afroxyz:
With interet rates going high, the pressure to sell will be high

1 Like

Re: Us Stocks Pick Alert by Care4: 6:57pm On Feb 22
Those of you on passfolio, how do you manage with their slow app and site? it gives me a headache just to even test.

8 Likes

Re: Us Stocks Pick Alert by salanda: 8:03pm On Feb 22
ElectronicMoney:


You can't force yourself in.

If they say they don't want you then they don't want you...it's best you move on

True, but to where? What app is as good as Trading212?

5 Likes

Re: Us Stocks Pick Alert by traveluk: 8:11pm On Feb 22
salanda:


True, but to where? What app is as good as Trading212?

I am also trying to find one. passfolio, trove etc are trash. They don't have most stocks

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Re: Us Stocks Pick Alert by LauraClasikVibe(f): 8:55pm On Feb 22
traveluk:


I am also trying to find one. passfolio, trove etc are trash. They don't have most stocks
It's been mentioned in the group here choicetrade

1 Like

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 8:56pm On Feb 22
$SPY may run next week
In addition to $1,400 direct payments, the legislation would increase the federal unemployment benefits to $400 a week through August, send aid to state and local governments, provide funds for COVID-19 vaccines and testing, and set in motion a measure that would gradually raise the federal minimum wage from $7.25 an hour to $15 an hour by 2025.

The most bullish argument for the market right now is the $VIX still standing over 20.. what do you guys think will happen when fear will get crushed back down to regular levels? (13-15) .. When that happens (and it will) $SPY will move above 400 and beyond.. There's way too much fear already baked in to have a bearish outlook right now, there's too many people buying puts for no reason, too much cash sitting on the sidelines.. I'm loving the healthy pullback we're getting right now because things did need to slow down a bit but longer term, the market is still looking very bullish

1 Like

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 8:57pm On Feb 22
Penboy:


Link please
Search the name on Telegram

1 Like

Re: Us Stocks Pick Alert by salanda: 9:24pm On Feb 22
LauraClasikVibe:
It's been mentioned in the group here choicetrade

I just checked them out, their fees are way more reasonable than ie TROVE's but what's their product portfolio like?

For example do they offer airline stocks?

2 Likes

Re: Us Stocks Pick Alert by traveluk: 9:31pm On Feb 22
LauraClasikVibe:
It's been mentioned in the group here choicetrade

Please, what are their requirements for account opening? How do you rate them compare to T121 in terms of number of stocks on their platform? Thanks

2 Likes

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 9:32pm On Feb 22
salanda:


I just checked them out, their fees are way more reasonable than ie TROVE's but what's their product portfolio like?

For example do they offer airline stocks?
I don't know much about them, it was here I first about them.

Monthly Maintenance fee of 10k

1 Like

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 9:33pm On Feb 22
traveluk:


Please, what are their requirements for account opening? Thanks
I haven't registered o! I learnt about the Hem on this thread.

1 Like

Re: Us Stocks Pick Alert by traveluk: 9:35pm On Feb 22
LauraClasikVibe:
I don't know much about them, it was here I first about them.

Monthly Maintenance fee of 10k

10k is on the high side baby

7 Likes

Re: Us Stocks Pick Alert by Exumal: 10:01pm On Feb 22
I invest has been crashing on my phone. is it reasonable and feasible to start with $20?

1 Like

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 10:02pm On Feb 22
How quickly one’s confidence gets shattered because high flying growth stocks bleeding heavily for few days. Than you are in a wrong business.
Your position size matters.
I’m down on my LT positions ~400k today but that’s ok. This is part of the game. I add slowly

3 Likes

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 6:13am On Feb 23
Exumal:
I invest has been crashing on my phone. is it reasonable and feasible to start with $20?
what are you saying?

1 Like

Re: Us Stocks Pick Alert by Depressed101: 7:49am On Feb 23
Bikonu which Nigerian trading app offers most us stocks trove and chaka don't offer the stocks I am interested in

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Re: Us Stocks Pick Alert by Oyindamolah: 8:01am On Feb 23
someone mentioned choice trade
Depressed101:
Bikonu which Nigerian trading app offers most us stocks trove and chaka don't offer the stocks I am interested in

3 Likes

Re: Us Stocks Pick Alert by Depressed101: 8:05am On Feb 23
Oyindamolah:
someone mentioned choice trade
an app with 100+ downloads on Google play?

3 Likes

Re: Us Stocks Pick Alert by Oyindamolah: 8:05am On Feb 23
Cathie Wood and ARK invest have been on fire over the last two years. She has been in the spotlight and has had billions of dollars flow into her funds. Here is a breakdown of the largest ETFs that ARK invest manages. Which one is your favorite??

-ARKK is the flagship fund where the highest conviction disruptive companies are added. Companies within ARKK include sectors from robotics, automation, internet, social media, genomics, and financial technology. This is ARKs largest fund and receives the majority of the media attention.
- ARKQ is focused on autonomous transportation, robotics, 3D printing, energy storage, and space exploration (with a space ETF coming out soon).
- ARKW is focused on cloud computing, cyber security, eCommerce, artifical intelligence, mobile technology, Internet of Things, social platforms, and blockchain technology.
- ARKG is focused on CRISPR gene editing, targeted therapeutics, bioinformatics, molecular diagnostics, stem cells, and agricultural biology.
- ARKF is focused on transaction innovation, blockchain technology, risk transformation, frictionless funding platforms, customer facing platforms, and new intermediaries in the finance space.

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Re: Us Stocks Pick Alert by Oyindamolah: 8:07am On Feb 23
By investing for the long term, your chances of losing money are statistically much lower than if you were investing for the short term.

People often ask me, ‘I want to invest, but I need the money next year because I’m going to buy a house.’

In this case, you probably shouldn’t be investing. One year may seem like a long time, but it’s a very short-term investment.

My general rule is that I will only invest money that I don’t plan on needing for the next 10+ years (equities, that is). Feel free to adapt this to suit your own needs, but I definitely wouldn’t go any lower than 5+ years.

Long-term investors win, long term.

6 Likes

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