Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,657,419 members, 6,237,154 topics. Date: Sunday, 11 April 2021 at 11:49 AM

Us Stocks Pick Alert - Investment (281) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Us Stocks Pick Alert (275388 Views)

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)

(1) (2) (3) ... (278) (279) (280) (281) (282) (283) (284) ... (297) (Reply) (Go Down)

Re: Us Stocks Pick Alert by Kennyking1234: 11:08pm On Mar 05
Leezah:
YES and yours is trading 213, right?
Yes

4 Likes

Re: Us Stocks Pick Alert by Kennyking1234: 11:53pm On Mar 05
OakPearl:


Am very fine thanks bro.
Been away on a terribly tight schedule.
In a blink of an eye of being away, some otherwise nice picks just turns red "nicely". grin
Kai, na wa...
My advise to all is that there is nothing to fret about; as long as you have fundamentally sound stocks in your portfolio.
Should your short/medium term plays get affected, apply either or both of the following 2 options:
1. Step on the breaks and exit your position to get back in immediately a sustained recovery is detected.
2. Average down if you trust they are good stocks.

The above advise may be belated considering the market has had a sign of recovery.

Wow...so much catching up to do!
Let me read along my 10 unread pages. grin
Welcome back Sir.

2 Likes

Re: Us Stocks Pick Alert by idolda: 11:33am On Mar 06
Hello house I just wanted to drop my observations here (I might be wrong maybe it's a one time event and feel free to correct me as I'm just starting this US Stock thing).

I noticed at the opening of market each day stock prices usually go up or down based on News, and several factors which I don't know. Then around 3 to 5 hours later it start going down and towards the end of the market it comes up again. So yesterday I decided to test the hypothesis.

At the beginning of the market Tesla share was trading around 600 or so (I got 2 the previous day at $625) so I kept close eyes on it. It went down to 540 and at that point I wanted to buy but it dip a little bit so I set the buy option to 500 (poor me i read an article online that says Tesla stock is overvalued at 500) when I came back in the evening it was already back to 590. I panickly got 1 at 580 something.

Meanwhile mid market (when the stocks were bleeding for real) I got some Sensonics for $2.2 per share, some Naked Wire and 5 pieces of NIO (I wanted to buy this one last week for over $40 but ended up buying it at $34 each yesterday). At the end of the market the 3 went up and all were Green.

Note: When I started last month I had no clue of what I was doing, I just come here and see recommendations and I buy them straight away without DD (I didn't even have a clue what to look out for then). My folder is still very very red but it's good to see 4 to 5 of the stocks being green in the middle of this dip

9 Likes

Re: Us Stocks Pick Alert by layzie86(m): 6:04pm On Mar 06
Time to drive $UNFI all the way to the moon

2 Likes

Re: Us Stocks Pick Alert by afroxyz: 6:36pm On Mar 06
idolda:
Hello house I just wanted to drop my observations here (I might be wrong maybe it's a one time event and feel free to correct me as I'm just starting this US Stock thing).

I noticed at the opening of market each day stock prices usually go up or down based on News, and several factors which I don't know. Then around 3 to 5 hours later it start going down and towards the end of the market it comes up again. So yesterday I decided to test the hypothesis.

At the beginning of the market Tesla share was trading around 600 or so (I got 2 the previous day at $625) so I kept close eyes on it. It went down to 540 and at that point I wanted to buy but it dip a little bit so I set the buy option to 500 (poor me i read an article online that says Tesla stock is overvalued at 500) when I came back in the evening it was already back to 590. I panickly got 1 at 580 something.

Meanwhile mid market (when the stocks were bleeding for real) I got some Sensonics for $2.2 per share, some Naked Wire and 5 pieces of NIO (I wanted to buy this one last week for over $40 but ended up buying it at $34 each yesterday). At the end of the market the 3 went up and all were Green.

Note: When I started last month I had no clue of what I was doing, I just come here and see recommendations and I buy them straight away without DD (I didn't even have a clue what to look out for then). My folder is still very very red but it's good to see 4 to 5 of the stocks being green in the middle of this dip

This is encouranging. Not your thesis but the fact that you are looking for patterns. however never assume that the market would behave the same way. A lot of institutions that used bots missed out of the rally last April because who would have thought of a pandemic and its effect on the matket. Also put in mind that the US market is very efficient. That is , it reacts to info quickly. So the trends you notice are just reaction to current news. Lastly, it is assumed that newbies rush to trade at the opening of the market whike the big boys (institutional investors) do most trading towards the close of the trading session. So just hold off to onsetve wehere the trend is going unless you are uktra long teem. But nice one. Love the fact that you are trying to read between the lines

4 Likes 1 Share

Re: Us Stocks Pick Alert by 1kinggy(m): 7:11pm On Mar 06
emmanuelewumi:


There are more traders than Investors

Very valid. Without traders, liquidity will be low.

4 Likes

Re: Us Stocks Pick Alert by idolda: 7:20pm On Mar 06
afroxyz:


This is encouranging. Not your thesis but the fact that you are looking for patterns. however never assume that the market would behave the same way. A lot of institutions that used bots missed out of the rally last April because who would have thought of a pandemic and its effect on the matket. Also put in mind that the US market is very efficient. That is , it reacts to info quickly. So the trends you notice are just reaction to current news. Lastly, it is assumed that newbies rush to trade at the opening of the market whike the big boys (institutional investors) do most trading towards the close of the trading session. So just hold off to onsetve wehere the trend is going unless you are uktra long teem. But nice one. Love the fact that you are trying to read between the lines

Thanks. US Senate passes $1.9trillion Covid-19 relief package market might respond to this positively from Monday

1 Like

Re: Us Stocks Pick Alert by 1kinggy(m): 7:43pm On Mar 06
idolda:


Thanks. US Senate passes $1.9trillion Covid-19 relief package market might respond to this positively from Monday

MIGHT.

2 Likes

Re: Us Stocks Pick Alert by yom2(m): 10:18pm On Mar 06
layzie86:
Time to drive $UNFI all the way to the moon
u don learn d American slangs

1 Like

Re: Us Stocks Pick Alert by yom2(m): 10:22pm On Mar 06
emmanuelewumi:


There are more traders than Investors
aah!! Oga u don move in here?

3 Likes

Re: Us Stocks Pick Alert by afroxyz: 10:46pm On Mar 06
idolda:


Thanks. US Senate passes $1.9trillion Covid-19 relief package market might respond to this positively from Monday
Market would react positively but the bigger picture now is inflation and rising yields

4 Likes

Re: Us Stocks Pick Alert by IyaTola: 8:01am On Mar 07
grin
yom2:
aah!! Oga u don move in here?
MONEY must be made (MMM)

2 Likes

Re: Us Stocks Pick Alert by layzie86(m): 9:16am On Mar 07
yom2:
u don learn d American slangs
Na so man, earth don dey tire men dem.

2 Likes

Re: Us Stocks Pick Alert by layzie86(m): 12:54pm On Mar 07
Going long on $UGI when the market opens

Current Portfolio:
$UNFI

1 Like

Re: Us Stocks Pick Alert by lavylilly: 4:28pm On Mar 07
When stocks decline it sucks but you should be HAPPY.

Why? Lower prices = better valuations.

You can buy great businesses cheaper.

To find a business worth buying focus on:

Are revenues growing?
Profit margins increasing?
Their moat getting wider?
Are they innovating?

2 Likes 1 Share

Re: Us Stocks Pick Alert by Samdo4life(m): 4:37pm On Mar 07
following me think I should give it a try pop enlighten me

1 Like

Re: Us Stocks Pick Alert by yazga: 5:22pm On Mar 07
Samdo4life:
following me think I should give it a try pop enlighten me
Welcome!
You can start by first registering with my signature, we both get FREE shares.

In addition, if you ain't the patient type, this market will teach you patient. You also have keep your emotions out of the market.

It's advise you invest what you can afford to loose though most Nigeria trading app requires a minimum $10 that's =N=5,000

Let me know if you have any questions

1 Like

Re: Us Stocks Pick Alert by Hamachi: 10:11pm On Mar 07
Hi Everyone,

We just pushed an updated version of the TROVE app to the store.

New features are

- Real time price quotes (changes in real time during market hours)

- The ability to switch between two NUBANs ( Wema Bank and Sterling Bank )

Some other features

We also added the price changes back to your watchlist as you requested

Please update when you can and give us feedback ��

6 Likes

Re: Us Stocks Pick Alert by SteveOfu: 11:07pm On Mar 07
Ifesinachi22:


Are you talking about Choice Trade?
Yes

1 Like

Re: Us Stocks Pick Alert by Ifesinachi22(m): 2:57am On Mar 08
SteveOfu:
Yes

Do you pay to use their app? I downloaded it and its not opening. They are asking for information i don't know where i can get

1 Like

Re: Us Stocks Pick Alert by Ifesinachi22(m): 3:06am On Mar 08
Hamachi:
Hi Everyone,

We just pushed an updated version of the TROVE app to the store.

New features are

- Real time price quotes (changes in real time during market hours)

- The ability to switch between two NUBANs ( Wema Bank and Sterling Bank )

Some other features

We also added the price changes back to your watchlist as you requested

Please update when you can and give us feedback ��

Correct. With this someone can day trade. Now that you are listening to us, is there away you can include all US stocks? Even if it means increasing your commission. Every offshore brokers rejected us, because we are Nigerians. One guy told me on twitter that Nigeria is a red zone, Terrorists. Boko Haram and Fulani Herdsmen caused this. One of the dividends of being in the same country with northern Nigeria.
Please do this, include all US stocks. You will screen for a stock and you go back to trove only to find the stock missing. Its heart breaking really.

6 Likes

Re: Us Stocks Pick Alert by Ifesinachi22(m): 3:10am On Mar 08
Kennyking1234:
The reds! Still holding

Bro were you already trading with Trading 212 before they stopped onboarding people?

2 Likes

Re: Us Stocks Pick Alert by yok: 6:46am On Mar 08
SCIENTIFIC STOCK PICKS
[/b]Bull are back in the game. Time to pocket some money in ZOM (Zomedical), AQMS, ASX (Ase Industry )/other low priced chipmakers.Wll not be surprised to see some of the names we have mentioned in the highest price gainers list this week.

On testing the local brokers; Trove and chaka are just manageable. These platforms are constantly having one issue or another. [b]Recently Chaka was rejecting sale of a stock I had in my portfolio (it only took my insistence that the company should sell the stock herself before issue could be resolve), again tried to but TRXC, platform refused to buy despite the availability of the stock
. For Trove, just this friday I withdrew money from my account, expected positive balance was now showing negative, thus depriving me use of my available fund.

In conclusion we can say that the local brokers are just necessary evil, but we have to continue managing them probably before we decide to go for a good foreign broker. If this tick of finding childish way of withholding client's money, platform showing your positive wallet as negative balance will stop, somebody like me will be okay with the Chaka & Trove[b], the number of equities over 3,000/4000 available on the platform is no issue for someone like me
[/b]

We want to empower humanity in our own small way, you can now join our whatsapp group for free +2348115136719. The key word this week is “Low Risk Entry/increasing volume”. We have listed these stocks for our present subscribers via whatsapp on Saturday; EBON,SPCE,VXRT if you join our whatapp we are giving at least 2 stocks more. Let us chop together and stay together. “One love”

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

2 Likes

Re: Us Stocks Pick Alert by Hamachi: 8:36am On Mar 08
Ifesinachi22:


Correct. With this someone can day trade. Now that you are listening to us, is there away you can include all US stocks? Even if it means increasing your commission. Every offshore brokers rejected us, because we are Nigerians. One guy told me on twitter that Nigeria is a red zone, Terrorists. Boko Haram and Fulani Herdsmen caused this. One of the dividends of being in the same country with northern Nigeria.
Please do this, include all US stocks. You will screen for a stock and you go back to trove only to find the stock missing. Its heart breaking really.
Good morning, I don't work in trove. This was sent out on their Telegram group. You can send them a mail

3 Likes

Re: Us Stocks Pick Alert by Hamachi: 8:37am On Mar 08
All US stock trading accounts are individual by default meaning all US trading accounts on Trove automatically come with a dedicated account number and is in your name with the broker.

Local stocks are custodial (held with ARM Securities who takes care of dividends and the likes ) and individual ( Sigma Securities - you have an account number but have to take care of dividends yourself )

If you don’t actively trade Nigerian stocks then there’s really no need bothering about custodial or individual as US brokerage accounts all come in your name with a dedicated account number which is individual by default as mentioned earlier

4 Likes

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 10:22am On Mar 08
Hamachi:

All US stock trading accounts are individual by default meaning all US trading accounts on Trove automatically come with a dedicated account number and is in your name with the broker.

Local stocks are custodial (held with ARM Securities who takes care of dividends and the likes ) and individual ( Sigma Securities - you have an account number but have to take care of dividends yourself )

If you don’t actively trade Nigerian stocks then there’s really no need bothering about custodial or individual as US brokerage accounts all come in your name with a dedicated account number which is individual by default as mentioned earlier
They have a listening ears and that what I love about them.

1 Like

Re: Us Stocks Pick Alert by Kennyking1234: 10:24am On Mar 08
Ifesinachi22:


Bro were you already trading with Trading 212 before they stopped onboarding people?
Yes, registered late last year.

3 Likes

Re: Us Stocks Pick Alert by LauraClasikVibe(f): 10:50am On Mar 08
If you keep changing investment strategy based on market movements, you don't have an investment strategy.

If you keep changing portfolio constantly reacting to news flows, you're not a long term investor.

2 Likes

Re: Us Stocks Pick Alert by steveneche(m): 5:11pm On Mar 08
Experts in the house.. How does one get paid dividend trading US stocks with BAMBOO?

I mean where are the dividends paid to? will one need to fill any form like e-dividend mandate?

1 Like

Re: Us Stocks Pick Alert by yazga: 5:55pm On Mar 08
steveneche:
Experts in the house.. How does one get paid dividend trading US stocks with BAMBOO?

I mean where are the dividends paid to? will one need to fill any form like e-dividend mandate?
Why not mail them to find out.

(1) (2) (3) ... (278) (279) (280) (281) (282) (283) (284) ... (297) (Reply)

Mutual Funds / Stock Market Tips For Nigerians / Digital Agriculture Investment platforms/options in Nigeria

Viewing this topic: Priceless25

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 139
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.