Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,589 members, 7,958,820 topics. Date: Thursday, 26 September 2024 at 03:26 AM |
Nairaland Forum / Nairaland / General / Investment / Us Stocks Pick Alert (672271 Views)
MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
(1) (2) (3) ... (33) (34) (35) (36) (37) (38) (39) ... (443) (Reply) (Go Down)
Re: Us Stocks Pick Alert by 4Play(m): 8:54pm On Apr 23, 2020 |
Tabuse20: By deflation, I mean the possibility of falling consumer prices. Inflation has been pretty low in the US when the economy was good, the sheer scale of GDP contraction we are facing threatens to tip things into deflation territory. This is why Fed monetary easing helps. Counterintuitively, it makes a compelling case for gold mining stocks as money pours into gold because people want to hedge against inflation/currency debasement. Edit: 17/05/2020 - A follow up to my reply to Tabuse20 about deflation in the US. April core inflation data came out and it's the worst it's been for decades: 2 Likes
|
Re: Us Stocks Pick Alert by Tabuse20: 11:20pm On Apr 23, 2020 |
4Play: I understand better. So people stop buying as they used to but would rather look for other solid investment alternatives i.e. gold. Many thanks 4Play |
Re: Us Stocks Pick Alert by codeME: 12:59pm On Apr 24, 2020 |
Can one of our Boss here throw more light on Pre-market eg oas closes at $0.67 yesterday and today at the pre market it is already at $0.97 what are the implications? |
Re: Us Stocks Pick Alert by Pesbest: 1:40pm On Apr 24, 2020 |
YerYer: Thanks alot sir. The feedback is satisfactory. God bless you sir�...... |
Re: Us Stocks Pick Alert by xhuksy: 1:51pm On Apr 24, 2020 |
YerYer: Wow! This is very succinct. Highly valuable I must say. God bless you sir. I will apply this knowledge and revert with my result. |
Re: Us Stocks Pick Alert by YerYer: 3:00pm On Apr 24, 2020 |
YerYer: Zoom (ZM) said they have rolled out an update that fixed all the privacy issues that users complained about. And today it was announced that Zoom (ZM) will be added to the NASDAQ, the stock is higher today as a result. I remember when the stock fell to $115 and I had a buy order at $110 which never filled, the stock has rallied 50% since then.
|
Re: Us Stocks Pick Alert by YerYer: 3:03pm On Apr 24, 2020 |
I just bought back some more shares of Inovio pharmaceuticals (INO). This is one of OakPearl's favourite stock. Made some money on the option but il now buying the shares, I believe it has more legs to run. One analyst has a price target of $35! I set a sell order at $8 to take me out. Trade carefully. 2 Likes
|
Re: Us Stocks Pick Alert by lastclaire4(f): 3:04pm On Apr 24, 2020 |
Please how long does it take fund to be reflected in your wallet using Bamboo app. I deposited funds yesterday about this time I am yet to get the funds. |
Re: Us Stocks Pick Alert by codeME: 3:46pm On Apr 24, 2020 |
Big Ogas please from your experience should i sell my OAS, as the things are moving up and down now or i should wait, i have no experience at all o. Never mind I will not hold you responsible for anything that happens i just need your experience advice. Bought few from 0.17. thanks. |
Re: Us Stocks Pick Alert by lafuria1(m): 3:54pm On Apr 24, 2020 |
codeME: Pre market is basically trading before the main market opens, I don't how they pick who is able to participate in pre market but advantage of premarket is that one is able to react faster to any news about a company, negative or positive. Sometimes but never always, pre market gives indication of the market direction. The implication as far oas is that when market opens oas Wil be worth 0.97 dollars, if you bought shares, your shares will rise in immediately as makert opens but doesn't mean it will stay that way. Right now Oas is just about 0.67 dollars, it has significantly dropped , those who will benefit are those who withdrew very early today If the pre market was below 0.67 , as makert open, your stock price will immediately drop. I hope you understand. 2 Likes |
Re: Us Stocks Pick Alert by lafuria1(m): 3:57pm On Apr 24, 2020 |
lastclaire4: If you deposited yesterday evening, it will reflect tomorrow or later in evening today I didn't really like the wait, I decided to deposit more money just incase I see good stock I want to buy |
Re: Us Stocks Pick Alert by codeME: 4:04pm On Apr 24, 2020 |
lafuria1: You deserves a medal. Great explanation, I understand. Thanks. 1 Like |
Re: Us Stocks Pick Alert by lastclaire4(f): 4:15pm On Apr 24, 2020 |
lafuria1: Thank you. |
Re: Us Stocks Pick Alert by YerYer: 7:12pm On Apr 24, 2020 |
Just bought some Kimberly-Clark (KMB) shares. This company manufactures a range of personal care products such as baby wipes, diapers, tissue papers, napkins and related products. This stock was recommended by Jim Cramer on his CNBC show Mad Money. It is currently above its 200-day moving average with a MACD above 0. I'm not expecting this stock to move up quickly; infact a better entry point will be around $149.43 and will most likely sell at $159
|
Re: Us Stocks Pick Alert by YerYer: 7:48pm On Apr 24, 2020 |
Target (TGT) is a major retailer just like Walmart. They reported an explosive increase in online traffic in their recent earnings a few days ago. We've seen many online retailers benefiting from the national lockdown such as Amazon (AMZN), Etsy (ETSY) and Pinterest (PINS). I just bought some shares and call option of this company Stitch Fix (SFIX); they are an online personalized styling service company. Basically they will obtain your measurements and quiz you on your style of clothes; you pay a subscription fee and they pick out and ship clothes that fit your profile. I believe they should also benefit from the pandemic because even if the government reopens the economy, so many people will be scared to immediately step into stores. This is a volatile stock, it can move up or down quick. It's current stock price is $16.45, I may hold till $17 or $18 but there's also a possibility it might drop to $14 where I will sell off completely. 2 Likes
|
Re: Us Stocks Pick Alert by thesilentone(m): 8:25pm On Apr 24, 2020 |
YerYer:Just to add to the body of knowledge on this thread regarding how to pick/spot stocks. I have a different approach to picking stocks - there is no right or wrong way - this is just my way. I don't reside in the US but grateful for access to their market. Given the HUGE number of companies on their market, finding the right companies could be tantamount to looking for a needle in a haystack. So, my process is to look at companies I can easily understand using 3 criteria that is applicable to everyone: Passions, Money & Talent. I find my companies by analysing how I interact with these three and the sweet spot is always where these 3 intersect (Venn Diagram) Passion - What do I enjoy doing? What's my profession? What sectors have I worked in before? Which industry/industries? Who are the market leaders? Money - Where do I spend my money? Where do I make my money from? Talent - What am I great at? Create a watchlist of 2 companies per question (Market leader 1 & 2), total 6 companies. Get familiar with their 10K For me, stock business is very personal apart from making money which is ALWAYS very nice. My mentor would say find companies that have meaning to you, have a great moat, buy at a margin of safety and have great management (esp the CEO). I check their debt levels - superb management of good companies often have low levels of debt. I avoid the talking heads on TV (sorry YerYer) because they feed optimism & pessimism in equal doses. Finally, I have a lot of patience before plunging for a stock after due diligence. This is my long term strategy. 3 Likes 1 Share |
Re: Us Stocks Pick Alert by xhuksy: 3:47am On Apr 25, 2020 |
thesilentone: This really works so well for VALUE INVESTORS and I want to believe you are one. Learnt quite a lot from your strategy as well. I am going to bookmark this as well. Nice one, thanks 2 Likes |
Re: Us Stocks Pick Alert by olaisababs(m): 11:36am On Apr 25, 2020 |
I just discovered that Facebook's stock has gone way up after Zuckerberg's video feature announcement yesterday. But really, is this a good time to invest in Facebook? |
Re: Us Stocks Pick Alert by YerYer: 12:59pm On Apr 25, 2020 |
thesilentone: These are solid points. Very thorough and it should help screen for quality companies to invest in. I also don't base my decisions solely on TV recommendations but I still listen to them because they might bring up an interesting perspective to invest or avoid a company. Based on their commentaries, I might look up the company's fundamentals, chart, and recent news to decide what to do next. Lastly, I remember you said you use Tradestation to buy options. Many people here have asked about buying stock options from Nigeria, maybe you can enlighten them. 3 Likes |
Re: Us Stocks Pick Alert by thesilentone(m): 2:13pm On Apr 25, 2020 |
YerYer: Yes, I use Tradestation for options but I don't live in Nigeria that is why I couldn't respond to their questions. I've just had a look and realised Tradestation only allow 6 African countries - Togo, South Africa, Malawi, Mauritius, Cape Verde & Senegal. If I come across any brokerage firm that allows Nigerians, I'll be sure to put it up. @YerYer I have picked up ideas from your posts on here, like I pick up points from everyone who posts on here. Keep up your good work, it is much appreciated. 3 Likes |
Re: Us Stocks Pick Alert by OakPearl(m): 2:28pm On Apr 25, 2020 |
Wow, just gotback from a very busy schedule guys! Very pleased to see the house buzzing with great knowledge sharing and valuable incite from our wonderful resource persons. Big ups to YerYer, 4play, lafuria1, thesilentone and everyone for the excellent job here. One thing I know is with the right knowledge shared comes the value created from informed investment decisions which will ultimately translate to healthy bank accounts for forum members. Happy investing guys. 6 Likes |
Re: Us Stocks Pick Alert by YerYer: 2:38pm On Apr 25, 2020 |
thesilentone: Thanks bro. I saw one broker called Avatrade, looks like they allow Nigerians to trade options but I'm not sure. 2 Likes |
Re: Us Stocks Pick Alert by YerYer: 2:38pm On Apr 25, 2020 |
OakPearl: Cool bro. Welcome back |
Re: Us Stocks Pick Alert by OakPearl(m): 2:43pm On Apr 25, 2020 |
Please find my response in green font beside your questions. samuelson06: |
Re: Us Stocks Pick Alert by nwakgr8: 2:43pm On Apr 25, 2020 |
Let me join this moving train. |
Re: Us Stocks Pick Alert by naijaman0817(m): 3:54pm On Apr 25, 2020 |
Hello great minds. Just opened account with Trove but would like to know if they have Demo account for those that do not want to go live yet. |
Re: Us Stocks Pick Alert by samuelson06(m): 4:03pm On Apr 25, 2020 |
OakPearl: Thanks so much for your kind response. |
Re: Us Stocks Pick Alert by Nobody: 6:31pm On Apr 25, 2020 |
naijaman0817: In addition, can we possibly trade in dollar without having a docimiliary account linked to Trove? |
Re: Us Stocks Pick Alert by suzzyrims: 6:51pm On Apr 25, 2020 |
naijaman0817: Trove has a demo account. Click on the dropdown at the upper right section in their home page. You would see an option to switch to demo account. |
Re: Us Stocks Pick Alert by lastclaire4(f): 7:21pm On Apr 25, 2020 |
YerYer: I just tried the site. They trade on currencies but anybody can try probably I was meant to tick something. |
Re: Us Stocks Pick Alert by thesilentone(m): 8:21pm On Apr 25, 2020 |
lastclaire4: I have just had a quick look. Look at the top/bottom of the page under Trading Platforms, there is an option for AvaOptions. It would appear that they have useful tools/ education section as well. All the brokerage firms ideally should make this available to their clients. From what I've seen, they appear to have an app on Google Play Store and Apple store. I would suggest that you practice well with their demo account before you put your hard earned money. They appear to have a location based page for Nigeria which might suggest that they accept Nigerians. If you register and use their platform, do well to tell us your experience so that other people can learn from you. 1 Like |
Re: Us Stocks Pick Alert by lastclaire4(f): 8:28pm On Apr 25, 2020 |
thesilentone: Some called me just from Ireland just after I finished typing and she said yes I could trade on stock options. She asked me if I needed help. I told her i will go through and get back to her if necessary. I decided to find out somethings on YouTube and decided to see how it works. But what I found was not encouraging. A woman actually talked about how they operate, going by what she said, in my opinion people should stay away from it. You can watch the video using this link. https://www.youtube.com/watch?v=jQ7dRo3HlNQ 1 Like |
(1) (2) (3) ... (33) (34) (35) (36) (37) (38) (39) ... (443) (Reply)
Stock Market Tips For Nigerians / Mutual Funds / MBA Investors Forum
Viewing this topic: Alaska90(m) and 1 guest(s)
(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 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 86 |