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MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
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Re: Us Stocks Pick Alert by YerYer: 4:53pm On Apr 29, 2020 |
ijedeikorodu: Apple was the first then Microsoft. Unless you mean Amazon will be the first to reemerge as a trillion dollar company after this pandemic. 1 Like |
Re: Us Stocks Pick Alert by thesilentone(m): 5:18pm On Apr 29, 2020 |
drskyfly007: The only color I have seen today, both pre-market and right now, is GREEN. Human psychology and behaviour is one of the most difficult things to predict. |
Re: Us Stocks Pick Alert by YerYer: 6:16pm On Apr 29, 2020 |
YerYer: They said I should be posting my trades here. Stitchfix (SFIX) is up 7% today, there's currently a 37% short interest on the stock. Basically as of 2 weeks ago, traders were predicting this stock will fall so they can make money. I took a contrarian trade based on the fact that I think companies like Stitchfix will benefit from the focus on self isolation and also because if the stock rallies, those same short sellers will have to buy the stock hands over fist to cover their position and that will send the stock even higher (short squeeze). I bought some shares and call options, profit is about $365, but I might get greedy and hold till the stock crosses $18. 4 Likes
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Re: Us Stocks Pick Alert by thesilentone(m): 6:39pm On Apr 29, 2020 |
YerYer: I always enjoy contrarian moves especially in this season. I enjoy reading about your wins as well. |
Re: Us Stocks Pick Alert by Nobody: 6:43pm On Apr 29, 2020 |
Hello, Investors. Please I need a platform I can trade stocks online. I need real time price chart and secure to invest my money please. I tried to use Chaka but is fucking not showing real time price, it's sucks. Please I need another platform I can trade US stocks from Nigeria. 1 Like |
Re: Us Stocks Pick Alert by lafuria1(m): 7:16pm On Apr 29, 2020 |
Smatkid541: You can use trove or bamboo, you can download their apps from playstore and see if they align with what you want. |
Re: Us Stocks Pick Alert by seyisanya(m): 7:29pm On Apr 29, 2020 |
Smatkid541:I doubt if any of the trading platforms available in Nigeria offers realtime price chart. Maintain your account with Chaka, or open another account with Trove and use [url]investing.com[/url] for realtime price movement. |
Re: Us Stocks Pick Alert by lastclaire4(f): 7:42pm On Apr 29, 2020 |
YerYer: Berra keep posting . When I saw your recent post on NIO, in my mind I just like "so, why is he showing this now". Then I read again, then I saw you actually made a post when you wanted to go into it. Thumps up . Very happy for you. |
Re: Us Stocks Pick Alert by nna777: 7:50pm On Apr 29, 2020 |
Lemme follow my ogas too Bought Gilead @64, now @84. holding till @100. Took a big risk to buy Boeing @95 now @142. Holding too. May will determine the direction of the market. 5 Likes |
Re: Us Stocks Pick Alert by gabscity(m): 10:01pm On Apr 29, 2020 |
I want to really learn on this thread. I need some clarifications: I hear stocks moving 70%+ daily. Is there a limit to the daily movement of stocks here? If not, so if I buy a stock now and drops 100% in a day what happens? Can a stock share price drop to Zero? If yes, what happens to my invested fund? |
Re: Us Stocks Pick Alert by Northeastern: 10:53pm On Apr 29, 2020 |
nna777: He he, you got them at the bottom. Great job at the timing. Whoever has funds to invest long term should jump in without hesitation. The Remdesivir news is a game-changer. The news of the vaccine that was used to test 5 monkeys at Oxford is another huge news. So, Remdesivir would be available almost immediately while the vaccine would be ready around September. Go to sectors that are beaten down like airline or cruise companies and shoot. |
Re: Us Stocks Pick Alert by seyisanya(m): 2:05am On Apr 30, 2020 |
seyisanya:UPDATE: My CCL has now delivered more than 100% capital appreciation at the close of the market yesterday. And it has moved up by another 7% after hours. I'm still in because it seems the party just started! However, I'll keep my eyes opened! 3 Likes |
Re: Us Stocks Pick Alert by akinpelu746: 3:26am On Apr 30, 2020 |
Is it a good choice to buy Gilead right now? |
Re: Us Stocks Pick Alert by Northeastern: 3:53am On Apr 30, 2020 |
seyisanya: See my post before yours. The 52 weeks high is 56.04, I wouldn't sell no matter what because those companies will not go under. Most of them have suspended operations till the end of June so that zero revenue expectation drove it to the bottom where you entered. Most sectors have recovered more than 70% of their losses from the highs of 02/19 while the cruise companies are lagging far behind. The Russell 3000 is down about 15% from its high while in that sector, a more stable RCL is down 65%, CCl down 70%, and NCLH down 73% from their 52 wks highs. The only problem that stands in the way before normalcy returns is the bad q2 results that will hit the market. If we make good progress on vaccines and cure before then, then the impact would not be severe. |
Re: Us Stocks Pick Alert by YerYer: 7:37am On Apr 30, 2020 |
lastclaire4: Lol maybe everyone should also post when they initiate a trade as well. I might want to buy in as well. But I get it, there's less pressure to be right when we buy in private. I don't care to be right all the time, but if my trade gives a different perspective that will benefit someone else, I couldn't be happier. Always do your DD though. 1 Like |
Re: Us Stocks Pick Alert by YerYer: 7:39am On Apr 30, 2020 |
thesilentone: Thank you sir. I enjoy going back to my old posts to look at how cheap stocks were. I also like seeing my gains and loss, they turn me on. 1 Like |
Re: Us Stocks Pick Alert by YerYer: 7:42am On Apr 30, 2020 |
seyisanya: Congrats bro. I want to join you on this trade; it makes a lot of sense. 1 Like 1 Share |
Re: Us Stocks Pick Alert by abuabdullah: 7:53am On Apr 30, 2020 |
YerYer: Why do you want to go short on NIO? |
Re: Us Stocks Pick Alert by seyisanya(m): 11:29am On Apr 30, 2020 |
Northeastern:Thanks for this and your previous posts, boss. They both make so much sense. Well on point! Muchas gracias!! |
Re: Us Stocks Pick Alert by seyisanya(m): 11:30am On Apr 30, 2020 |
YerYer:Thanks, boss. Well appreciated and congrats too on your sweet wins! |
Re: Us Stocks Pick Alert by ijedeikorodu(m): 12:16pm On Apr 30, 2020 |
Stocks Gains Stall Amid Earnings, Data; Oil Jumps: Markets Wrap - Bloomberg News • Nasdaq futures edge up after solid results from tech names • ECB decision, latest U.S. unemployment figures are due today Futures for the S&P 500 turned lower on Thursday and European shares stalled after a three-day surge as investors weighed corporate results, more dismal data and the latest virus news. Oil continued to rebound after an early-week tumble. Contracts on the S&P 500 swung from gains to losses, with the underlying index on track for its best month in almost 50 years. Nasdaq 100 futures clung to an advance following strong results from Microsoft Corp., Facebook Inc. and Tesla Inc. after the Wednesday close. Crude futures jumped for a second day on signsfuel consumption is starting to recover in the world’s biggest economies. The Stoxx Europe 600 Index also gave up an early gain to trade lower after Societe Generale SA posted a surprise first-quarter loss and Royal Dutch Shell cut its dividend for the first time since World War II. Most bonds in the region climbed ahead of a European Central Bank rate decision later; Bloomberg Economics expects the bank to increase its pandemic bond-buying program in the wake of data showing the French and Spanish economies plunging into record contractions and German unemployment surging. Investors continue to weigh a brutal economic picture against hopes for a coronavirus treatment and an eventual end to lockdown measures across the world. The U.S. government’s top infectious-disease expert, Anthony Fauci, said early results from the Gilead drug trial offered “quite good news,” while results from tech giants show some parts of the economy have remained resilient. That’s even as many firms slash dividends and data shows Europe slumped into a recession last quarter alongside America. There’s still plenty to chew over today, with the last U.S. unemployment figures and more corporate earnings due. David Kelly, chief global strategist at JPMorgan Asset Management, discusses the rebound in Asian markets. Elsewhere, Japanese and Chinese equities rose over 1% as their Australian peers jumped more than 2%. Hong Kong and South Korea were shut for a holiday. Emerging-market stocks jumped. These are the main moves in markets: Stocks • Futures on the S&P 500 Index fell 0.3% as of 7:07 a.m. New York time. • The Stoxx Europe 600 Index dipped 0.4%. • The MSCI Asia Pacific Index rose 1.3%. • The MSCI Emerging Market Index gained 1.3%. Currencies • The Bloomberg Dollar Spot Index fell 0.1%. • The euro was unchanged at $1.0873. • The British pound rose 0.2% to $1.25. • The onshore yuan strengthened 0.4% to 7.05 per dollar. • The Japanese yen strengthened 0.1% to 106.59 per dollar. Bonds • The yield on 10-year Treasuries declined two basis points to 0.61%. • The yield on two-year Treasuries sank two basis points to 0.19%. • Germany’s 10-year yield sank four basis points to -0.53%. • Britain’s 10-year yield declined three basis points to 0.253%. • Japan’s 10-year yield climbed one basis point to -0.03%. Commodities • West Texas Intermediate crude gained 16.3% to $17.52 a barrel. • Brent crude surged 11.4% to $25.11 a barrel. • Gold strengthened 0.1% to $1,714.46 an ounce. |
Re: Us Stocks Pick Alert by naijaman0817(m): 1:10pm On Apr 30, 2020 |
seyisanya: Great! Thanks a million for this. 1 Like |
Re: Us Stocks Pick Alert by YerYer: 2:29pm On Apr 30, 2020 |
abuabdullah: I wasn't going short in NIO, I was only saying If the stock price reached $4, I might sell. |
Re: Us Stocks Pick Alert by ijedeikorodu(m): 3:00pm On Apr 30, 2020 |
Stocks slide as coronavirus job losses top 30M - Companies from McDonald's to American Airlines have been hurt by the COVID-19 pandemic https://www.foxbusiness.com/markets/us-stocks-april-30-2020 U.S. equity markets slid Thursday as total job losses related to the coronavirus shutdown topped 30 million, despite climbing more slowly in the past week. The Dow Jones Industrial Average fell 275 points, or 1.12 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite dropped 0.71 percent and 0.08 percent, respectively. First-time unemployment filings totaled 3.84 million in the week ended April 25, adding to the previous total of more than 26 million in the six weeks since states adopted “stay-at-home” orders. At least nine U.S. states have partially reopened and many more are making plans to lift at least some restrictions soon. Looking at stocks, Dow components Dow Inc., McDonald’s and Microsoft all reported their quarterly results. McDonald’s global same-store sales sank 3.4 percent during the first three months of the year as a 22 percent drop in March more than offset a 7.2 percent advance in January and February. The fast-food giant’s quarterly profit fell 16 percent to $1.1 billion. So sad that millions of people are now on dole, hopefully a miracle can turn this around within the next 6 months before the November elections |
Re: Us Stocks Pick Alert by nna777: 3:04pm On Apr 30, 2020 |
Northeastern: When the news of the bailout was in the air, I took advantage. the best part is that it will retest it's march support of $260 by q4 hopefully. Am holding till then. same for Gilead. |
Re: Us Stocks Pick Alert by lancee(m): 3:30pm On Apr 30, 2020 |
After ignoring this one GILD for sometime ..finally join the train ..FDA said they re moving on lightening speed to approve the use ..Lets see maybe something good coes out |
Re: Us Stocks Pick Alert by Wiseoldman: 6:21pm On Apr 30, 2020 |
Oil major shell lost a lot today for news dont look too bad. It looks cheap, and I will be joining the ride. PS: You are solely responsible for your investment decision. |
Re: Us Stocks Pick Alert by OakPearl(m): 7:44pm On Apr 30, 2020 |
lastclaire4: Thanks be to God. |
Re: Us Stocks Pick Alert by OakPearl(m): 8:11pm On Apr 30, 2020 |
YerYer: Great win bro. Kudos! |
Re: Us Stocks Pick Alert by 4Play(m): 8:15pm On Apr 30, 2020 |
I managed to find this ETF that tracks Nigerian equities - NGE. https://www.globalxetfs.com/funds/nge/ The Global X MSCI Nigeria ETF (NGE) invests in among the largest and most liquid companies in Nigeria. It seemed like one of the "easier" shorts one can find and I wondered why I hadn't been short this much earlier. The one problem with it is that the spreads can be ridiculous so opening and closing positions can be quite tricky. With naira depreciation and oil prices crashing, I see this as a good short even though it's already dropped 82% since the ETF's inception. I went long Southwest Airlines (LUV) at $31.35 yesterday - short-term trade as I expect it to pop higher in coming days. Stop loss is at $27. I think LUV isn't volatile as it's well managed and you will get more excitement going long other airlines but the less volatility appeals to me. This is for my "gambling" trading account. Another position I am looking at is buying a gold mining stock. I have Kirkland (KL) in mind as it's again well managed. Waiting for it to pull back below $40 before going long with $50 in mind. This is supposed to be my long-term investment trading account but I am obviously deceiving myself if I am looking for only a 25% upside before closing the position! PS: Been short NGE ETF since $9.60 and looking for a low $8 exit, spread permitting. |
Re: Us Stocks Pick Alert by abuabdullah: 8:17pm On Apr 30, 2020 |
CAPR gained 250% yesterday on news of 100% recovery for COVID-19 patients that used CAPR-1000. It traded below $3/share before the news. |
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