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Quote of the day "Take up one idea. Make that one idea your life--think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success." --Swami Vivekanandae way to success." --Swami Vivekananda |
Invest 2022 Traders & Investors Summit Theme: Master The Market, Get The Best Of Pre-Election Year 2022 Sub-Topics 1. Balanced Trading: Playing Nigeria’s Multiple Exchanges For Diversification, MrOlatundeAmolegbe, CEO, Arthur Steven Asset Management Ltd &President of CIS 2. Agriculture, Economic Recovery & Diversification: Where Is Commodity Trading In Your Portfolio, MrAkinyinkaAkintunde, Business Development Manager, AFEX Commodities Exchange Ltd. 3. Technical Outlook & Indicators For Profitable Market Timing, Mr. Abdul-Rasheed OshomaMomoh, Head Capital Market at, TRW Stockbrokers Ltd 4. Benefits & Dangers Of Fixed Income Instruments In An Inflationary Environment, MrTeribaAdeboye, MD/CEO, Qualinvest Capital ltd 5. Economic Outlook and implications of the N16.45 Trillion 2022 Budget On Sectors/Stock Market, MrOluwasegunAkinwale, Senior Portfolio Manager, Coronation Asset Management Ltd 6. Profitable Stock Picks Made Easy, Using Fundamental Tools, Mrs. Ebiere Helen Fumudoh, MD/CEO, Norrenberger Securities Ltd 7. The Role of Real Estate & REIT Instruments In the Ecosystem, Mr. Tope Ojo, Managing Partner, Tope & Tunde Estate Surveyors &Valuers 8. Trade Opportunities & 10 Golden Stocks for 2022, Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd Investdata Consulting Limited holds the 10th edition of its annual Investment conference tagged Invest 2022 Traders & Investment Summit, which has over the years remained a game changer for market players. This edition is aimed at helping stakeholders identify opportunities and bringing ideas for profitable trading as we enter a pre-election year. Invest 2022 is a not-to-be-missed summit capable of completely changing your view about where the economy and stock market are headed and when you should fully plunge in or hold cash. Join the experts and experienced professionals to discuss a Big Picture Perspective of where the stock market and other investment windows are currently placed and what signs to be vigilant about over the coming months and year 2022. Don’t miss this summit. We have held this annual summit since 2012, to give investors and traders insight, perspective, and expectations in the new year. This year Invest 2022 Summit is exceptional being vaccination-driven economic recovery after Covid 19 disruption. The big picture of what is happening and outlook for 2022, analysis of the status of different investment windows and opportunities, ranging from the economy, equity, bond, commodity, real estate, and others using fundamental and technical tools. More than 80% of the golden stocks pick during Invest 2021 Summit have beaten their targets, returning more than 40% to 60% in less than a year. Due to growing concern and fear around the globe and the domestic economy/stock market as analysts are predicting a big melt-down in stocks from ant time soon, to sometime in 2022. Looking at history, there is no doubt that correction or pullbacks are on the cards at some stage. However, these big questions on everybody's minds are when will this occur and whether it will end this bull run or market recovery. Whatever happens, what is the best way to Prepare rather than try to Predict? This is what Invest 2022 Summit will address. So you are invited to Speck or facilitate at this event What to expect at this Summit? A. Why the market is on high alert for the New Year rally, or Correction B. Strategies to stay in profit, overcome market correction/pullbacks C. How to position in stocks for robust profit ahead of 2022 D. How to take advantage of the circular flow of funds in financial markets E. Risk/return from Bonds to stocks right now. F. Key to profitable trading and investing in the stock market/other investment windows Benefits for attending 1,10 Golden Stocks for 2022 2, Admission to Investdata Buy & Sell WhatsApp Platform 3, Among others Don’t miss this summit, if you have any exposure to the stock market, either directly or indirectly via managed funds of any kind……. “Invest 2022 – Connects you to new trade opportunities and ideas to boost your trading results/bottom line” Don’t miss this summit, if you have any exposure to the stock market, either directly or indirectly via managed funds of any kind…….. Date: December 4, 2021 Time: 9am Venue: Zoom Want to be among the successful investors and traders in 2022? Send Yes to 08028164085, 08179547605 now.
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Mixed Trend, Sentiment Ahead Economic Data, MPC Outcome, 2021 Year-End Positioning Market Update for the Week Ended November 12 and Outlook for Nov 15-19 The market tends to reward discerning investors with a plan and the patience to wait for the right moment when such come true. There are three important things to consider when preparing for your trading days and the New Year: Have your expectations of what a market could do on the day you want to trade; know your plan in advance when the market follows your expectation, or when it doesn’t; and finally, execute your trading or investing strategy when the market follows your plan, and be flexible and change when your expectation proves wrong. We envisage a mixed trading pattern due to bargain hunting activities in dividend-paying stocks amid intermittent profit-taking activities. That notwithstanding, we advise investors and traders to position in fundamentally sound stocks with positive technicals and sentiment, since the market’s fundamentals and liquidity continue looking up, with oil price trading above $84 in the international market, while the nation external reserves keep looking up. Technically, the NGX index’s action on a weekly time frame reveals mixed sentiments, as the ADX remains above 20 points at 33.15, just as the money flow index stood at 77.28 points, revealing the increase in money flow into the equity space. These are indications that confirm volatility, despite the seeming decline in the daily chart due to profit-taking, just as the NGX index has rebounded again to break out the strong resistance level of 42,414 basis points. This signals the possibility of trend continuation on a weekly time frame with the index touching 44,068.70 points before pulling back, following which we have to wait to see what happens in the new week as portfolio repositioning continues on the strength of the Q3 earnings reports. The above-average trading volume, during the week, is an indication that institutional investors are not selling and the volume that took the market up is still very intact. The light volume on the profit-taking activities shows that retail investors like you and I are the ones selling. To navigate the rest of the year profitably, order for Investdata’s video on Technical Toolbox for Buy & Sell Decision Home Study Pack to enhance trading results 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 Movement Of NGXASI It was a mixed trend for the week under review, as the NGX index action fell in three days, and rose twice, while trading for the week started on a strong upbeat due to positive reactions by investors to the news of the issuance of Approval in principle that would enable telecommunications giants- MTNN and Airtel Payment Service Bank, by the Central Bank of Nigeria (CBN). That announcement pushed Monday’s index up by 2.73%up, which was sustained on Tuesday when the benchmark index chalked an additional 1.11%, following the increased buying interests in tech stocks. There was, however, a pullback by the midweek, Thursday, and Friday, when the composite index shed 0.05%, 0.36%, and 0.68% respectively, bringing the week’s accumulated gain to 2.96%, compared to the previous week’s 0.06% loss. This performance was driven by buy interests in bellwether stocks like MTNN and Airtel Africa. Consequently, NGX All Share index gained 1,238.51 basis points, closing at 43,253.01bps, after touching an intra-week high of 44,068.70bps from its lows of 41,976.30bps, from the week’s opening figure of 42,014.50bps on mixed sentiments and profit-taking in low and medium cap stocks. Market capitalization during the period rose by N647.01bn, closing at N22.57tr, compared to the previous week’s N21.93tr, which also represented a 2.95% appreciation in value. The top gainer’s table for the week was dominated by a blend of low, medium, and highly-priced stocks which had become the toast of investors, despite the daily time frame negative vibes and buying sentiments, as a result, positive sentiment for MTNN, Airtel, Unilever, FBN Holdings, Redstar Express, and Neimeth Pharma, in the midst of dividend positioning on the strength of nine-month financials and positive economic data. The week also witnessed the price adjustments of Lafarge Africa and Airtel Africa for interim dividends of N1.00 and N8.29 respectively. Market breadth was negative during the week amidst the above-average traded volume and mixed sentiment likely to continue as the year winds down. Losers outnumbered gainers in the ratio of 36:27 in the week under review, on a mixed sentiment as revealed by investors’ sentiment report showing a 39% sell volume and 61% buy position. Money Flow Index rose to 77.28bps from the previous week’s 76.58 points, an indication that some funds entered the market. NSEASI WEEKLY CHART MOVEMENT On the weekly chart, the NGX index’s action is trading above the 20 and 50-day moving averages to sustain a bull-trend after breaking out a strong resistance level of 42,414.17bps on an above-average traded volume that indicates a continuation of an uptrend. The candlestick pattern at the end of last week was also a bullish candle that revealed the presence of sellers. The index action is set to make or break depending on market sentiment in the new trading week that will support an uptrend or a pullback. However, we need to watch out for the October consumer price index expected to hit the market in the new week. Also with all eyes on fixed income market yields and oil prices that should further support market fundamentals and help attract liquidity to the equity space. This pullback has created new buying opportunities. Bearish Sectoral Indices The performance indexes across the sector were in red, except for the NGX Consumer Goods index that closed 0.63% higher, while the NGX Insurance led the decliners after losing 2.25%, followed by Banking, Energy and Industrial Goods with 1.31%, 0.69%, and 0.01% respectively. Activities in volume and value terms were down, as players exchanged 1.47bn shares worth N20.94bn, compared to the previous week’s 1.43bn units valued at N12.37bn. Volume was driven by Financial Services, Conglomerates, and Consumer goods, particularly FBN Holdings, Sterling Bank, UACN, UBA, and Transcorp. The best-performing stocks for the week were Neimeth Pharm and Redstar Express which gained 12.50% and 12.18% respectively, closing at N0.22 and N0.38 per share respectively on market forces. On the flip side, Conoil and Pharm-Deko lost 14.90% and 9.83% respectively, at N21.70 and N2.11per share, purely profit-taking. Outlook for the week We expect a mixed trend and sentiment to continue ahead of economic data and the MPC meeting being the last for the year 2021, as investors and bargain hunters continue to take advantage of price pullback in fundamentally sound stocks for repositioning. It is also noteworthy that fund and portfolio managers continue to take a position on the Q3 numbers ahead of the current fiscal year-end. For now, many stocks remain in their buy range to attract funds into the equity space. Also, investors will continue tracking yields movement in the fixed income market. Also, investors are still observing the interplay of forces in the FX market as the exchange rate in the back market continues to decline. Last week’s above-average volume suggests that institutional investors are not selling. It is noteworthy that oil price continues to oscillate as it trades above $83 in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner. https://investdata.com.ng/mixed-trend-sentiment-ahead-economic-data-mpc-outcome-2021-year-end-positioning/
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THE BUY AND SELL SIGNAL Hello Investors, The, buy & sell signal for this week has been posted on the membership site for you. Pls, click on the long link for this week's 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 log in to 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.
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Questions and Answers with Ambrose Omordion as of 13th November 2021 Hello Investors and Traders, I just posted Questions and Answers with Ambrose Omordion as of 13th, November 2021 Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update. https://www.youtube.com/watch?v=93cEAKr5EAA Ambrose Omordio |
Sentiment Report for the week ended November 12, 2021 NGXASI buy 61% sell 39% volume index 1.14 MFI 78.24 Access buy 50% sell 50% volume index 0.75 MFI 51.87 Afrprud buy � volume index 2.36 MFI 43.18 Aiico buy 14% sell 86% volume index 1.31 MFI 83.24 Airtel buy 62% sell 38% volume index 1.86 MFI 80.01 Ardova buy 40% sell 60% volume index 1.34 MFI 0.00 Berger buy 0% volume index 1.02 MFI 77.35 Caverton buy 59% sell 41% MFI 42.49 Chams buy � MFI 58.35 Chiplc buy 40% sell 60% volume index 1.23 MFI 49.39 Conoil buy 0% volume index 2.69 MFI 77.51 Corner buy 0% MFI 45.42 Courtville buy 83% sell 17% volume index 0.72 MFI 68.84 Cutix buy 0% volume index 2.03 MFI 46.09 Dangsugar buy � MFI 42.75 Eti buy 75% sell 25% volume index 2.29 MFI 89.65 Fbnh buy 90% sell 10% volume index 1.15 MFI 70.85 Fcmb buy 64% sell 36% volume index 1.12 MFI 41.99 Fidelity buy 0% MFI 73.13 Fidson buy � volume index 1.86 MFI 77.18 Fmn buy 42% sell 58% volume index 6.18 MFI 52.24 Ftn buy 80% sell 20% MFI 55.72 Glaxo buy 0% MFI 41.84 GTCO buy 18% sell 82% volume index 0.99 MFI 36.63 Honyflour buy 40% sell 60% MFI 51.06 Jaiz buy 50% sell 50% MFI 46.00 Jagold buy 50% sell 50% MFI 20.23 Jberger buy 0% MFI 57.49 Lasaco buy 75% sell 25% volume index 1.57 MFI 15.71 Linkass buy � MFI 56.62 Lvstk buy 0% volume index 0.72 MFI 44.54 Mansard buy 81% sell 19% volume index 0.87 MFI 42.54 Mben buy � MFI 26.52 Mtnn buy 5% sell 95% volume index 1.69 MFI 78.89 M/verse buy 0% volume index 5.03 MFI 66.25 Nahco buy � volume index 0.82 MFI 64.99 Nascon buy 23% sell 77% MFI 67.92 Neimeth buy � volume index 1.74 MFI 69.94 Nem buy � volume index 1.14 MFI 39.56 Npf buy 0% MFI 54.05 Oando buy 0% MFI 64.52 Pharma buy 0% volume index 1.40 MFI 80.61 Prestige buy 0% MFI 20.73 Pz buy � MFI 55.40 Red buy 58% sell 42% volume index 3.17 MFI 74.24 Regalins buy 33% sell 67% volume 0.79 MFI 39.49 Royalex buy � MFI 26.96 Sterling buy 38% sell 62% volume index 5.00 MFI 40.06 Transcorp buy 33% sell 67% volume index 1.30 MFI 53.93 Uacn buy 79% sell 21% volume index 4.69 MFI 25.62 Uba buy 84% sell 16% MFI 52.57 Ubn buy 0% volume index 0.76 MFI 43.27 Ucap buy 75% sell 25% volume index 1.56 MFI 71.94 Unity buy � MFI 43.29 UPDC buy 27% sell 73% MFI 68.60 Upl buy 29% sell 71% volume index 7.21 MFI 54.43 Veritas buy � volume index 1.01 MFI 22.88 Wapco buy 18% sell 82% volume index 0.71 MFI 73.65 Wapic buy 50% sell 50% volume index 1.04 MFI 39.51 Wema buy 37% sell 63% MFI 34.98 Zenith buy 8% sell 92% volume index 1.31 MFI 36.12 Investdata Weekly Sentiment Report
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MARKET CAPITALIZATION SLIDES FURTHER BY 0 36% Hello Investors and Traders, I just posted MARKET CAPITALIZATION SLIDES FURTHER Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update. Ambrose Omordion https://www.youtube.com/watch?v=5JRo6HhWNoU Best Ambrose Omordion |
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Here is a delicious meal from our chefs to treat you to a delightful day. Remember to keep healthy and safe Teens Can Cook Foundation Phone: +2348051113510, +2348139201829, +44 7780 518308, +447447785210 Address: 56, Salvation Bus stop, Opebi, Ikeja, Lagos. Email: teensinternationalfoundation@gmail.com Website: https://teensfoundation.business.site/
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*Reminder! Reminder!! Reminder!!!* Hello Investors and Traders, *Questions and Answers with Ambrose Omordion* will hold Saturday 13/11/2021. Time: 12:00noon *IT IS ABSOLUTELY FREE* Join Zoom Meeting https://us02web.zoom.us/j/89260583310?pwd=dkw4aDZHR1ZzM3Z0RzU1TExwaytMZz09 Or Meeting ID: 892 6058 3310 Passcode: 419732 Ambrose Omordion |
Expect Mixed Trend, Profit Taking, Momentum Investing, Positioning On Q3 Reports Market Update for November 9 On Tuesday, transactions on the Nigerian Exchange remained upbeat, but on a reduced momentum as the composite All-Share index extended its bull-run for a third consecutive session, on above-average traded volume in the midst of positive breadth. There was also the impact of increased buying interests across the major sectors, except for insurance that witnessed some profit-taking activities during the session. The positive sentiment and vibes supported the NGX index to close higher ahead of 2018 resistance level, as its counterparts across the globe recorded mixed performance on inflationary concerns and infrastructural bills that had impacted crude oil prices positively as it rebound at the international market. Technically, the NGX index’s action has sustained its markup phase and is now set to break out a major strong resistance level of 43,921.17 basis points on price appreciation of high cap tech stocks and others. Also, momentum indicators have confirmed an uptrend with bullish MACD, positive RSI, and money flow index looking up on a daily chart, just as the possibility of a bull spike for the rest of the year and in 2022 is high after market players finish digesting the recently released earnings reports. We note that the market is set to break out its 2008 resistance level of 45,921.17bps if these positive vibes continue. However, these strong earnings, interim corporate actions, and the level of liquidity in the equity space will determine the extent of the market rally when it rebounds from this pullback. Already too, all eyes are on happenings as regards the global inflation rates and oil prices currently oscillating around $84 per barrel; on the impact of the drop in oil consumption by China, as OPEC holds on to supply. So far, the direction of yields in the fixed income market remains unclear. Tuesday’s trading started slightly on the upside which was sustained throughout the session before oscillating on buying interests in blue-chips and some profit-taking that pushed the NGX index to an intraday high of 43,730.89 basis points where it closed above its opening level, from a low of 43,242.15bps. Market technicals for the day were positive and mixed with lower volume traded than the previous day’s in the midst of breadth favouring the bulls on positive sentiments as revealed by Investdata’s Sentiment Report showing 92% bull volume and 8% sell position. The total transaction volume index stood at 0.79 points, just as momentum behind the day’s performance remains relatively strong, Money Flow Index looking up at 68.07 points, from the previous day’s 63.07 points, indicating that funds entered the market. To navigate the rest of the month and year profitably, order Investdata’s video on Buy & Sell Technical Analysis Toolbox to navigate the rest of the month and year profitably to 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 Mkt Cap Movement The benchmark index NGXASI, at the end of the session, gained 483.58 basis points, closing at 43,730.55bps after opening at 43,246.87bps, representing a 1.12% growth, just as market capitalization rose by N252.41bn, closing at N22.82tr, from the opening value of N22.57tr, also representing 1.12%value gain. 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 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time. 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 to stimulate and re-track the economy to the path of growth and development. Tuesday’s upturn was driven by buy interests in Airtel Africa, MTN Nigeria, Flour Mills, United Capital, Lafarge Africa, NGX Group, FTN Cocoa, Fidelity Bank, and Livestock Feed, among others, which impacted positively on Year-To-Date gain, which increased to 8.59%. Market capitalization stood at N1.75tr YTD, representing an 8.15% growth from the year’s opening value. Bullish Sector Indices Sectoral performance indexes were bullish, except for the NGX Insurance index which closed 0.28% lower, while the NGX Industrial Goods index led the advancers after crawling 0.21% up, followed by Consumer Goods, Energy, and Banking with 0.21%, 0.12%, and 0.07% respectively. Market breadth was positive, as advancers outnumbered decliners in the ratio of 24:16, while activities in volume and value terms were down after stockbrokers traded 280.71m shares worth N3.48bn, compared to the previous day’s 443.61m units valued at N5.05bn. Volume was boosted by trades in Sterling Bank, UACN, Zenith Bank, United Capital, and Access Bank. FTNCocoa and ABC Transport were the best-performing stocks after gaining 10% each, closing at N0.44and N0.33 per share respectively on market forces. On the flip side, Berger Paints and Caverton lost 9.52% and 9.09% respectively, closing at N8.55 and N1.70 per share purely on profit-taking. Market Outlook We expect the mixed trend on profit-taking and momentum investing as breakout traders jump into positions on the strength of Q3 numbers, just as candlestick formation and volume traded at the end of day trading revealed positive investors vibes as the index continues to trend up. Also, we note that institutional players are not selling but positioning in blue-chip companies, as they watch the pullback on a light volume. It is equally noteworthy that this pullback at this level is for the accumulation of more positions ahead of year-end seasonality. Also, many stocks are trading within their buy ranges, a situation expected to attract more funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation. https://investdata.com.ng/expect-mixed-trend-profit-taking-momentum-investing-positioning-on-q3-reports/
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Expect Mixed Trend On Profit-Taking, Momentum Investing Amidst Pullback, Positioning Market Update for November 10 It was a very volatile and mixed session on the Nigerian Exchange at the midweek, as profit-taking hit the market sharply to short-live the three consecutive days of positive outing on a low traded volume and slight negative breadth. The negative sentiments and selloffs witnessed on Wednesday were due to mixed signal from global inflation and other happenings in the fixed income market that is yet to give a clear direction, as investors await the rates of TB primary auction after the long tenor of 364 days had earlier decline to 6.99% from 7.25%. Technically, the NGX index’s action witnessed a slowdown in momentum that signal a distribution phase, which we need to confirm on Thursday and afterward, since the index had tested 44,068 after breaking out a major strong resistance level of 43,921.17 basis points and psychological line of 44,000 on an initial rally of MTN Nigeria, before pulling back on profit booking after recording three upbeat sessions. Also, momentum indicators like MACD, RSI, ADX reading 63.23, and money flow index looking flattish on a daily chart, recorded a slowdown, despite remaining strong and bullish. The possibility of a bull spike for the rest of the year and in 2022 is still high after the market had broken out its January peak level, with the expectation that it is likely to break out its 2018 resistance level of 45,921.17bps, which is possible if investors’ positive vibes return after profit-taking. However, the better-than-expected Q3 earnings, interim corporate actions, while the level of liquidity in the equity space will determine the extent of the market rally when it rebounds from this pullback. Already too, all eyes are on happenings as regards the global inflation rates and oil prices currently oscillating around $84 per barrel; on the impact of the drop in oil consumption by China, as OPEC holds on to supply. So far, the direction of yields in the fixed income market remains unclear. Meanwhile, midweek’s trading opened slightly on the downside, before rebounding at mid-mornings to oscillate powerfully for the rest of the session on profit-taking and selloffs in blue chips, a situation that pushed the NGX index to an intraday low of 43,685.97 basis points from its highs of 44,068.70bps before closing below its opening level at 43,242.15bps. Market technicals for the session were weak and mixed with lower volume traded than the previous days in the midst of negative breadth and selling pressure as revealed by Investdata’s Sentiment Report showing 94% sell volume and 6% buy position. The total transaction volume index stood at 0.68 points, just as momentum behind the day’s performance remains relatively strong, Money Flow Index looked up marginally at 71.65 points, from the previous day’s 71.27 points, indicating that funds entered the market. Order Investdata’s video on Buy &Sell Technical Analysis Toolbox to navigate the rest of the month and year profitably to 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 Mkt Cap Movement At the end of midweek’s trading, the composite NGX All-Share index shed 23.25 basis points, closing at 43,707.30bps after opening at 43,730.53bps, representing a 0.05% drop, just as market capitalization fell by N12.13bn, closing at N22.81tr, from the opening value of N22.82tr, also representing 0.05% 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 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time. 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 to stimulate and re-track the economy to the path of growth and development. The day’s downturn was driven by selloffs and profit-taking in stocks like Lafarge Africa, NGX Group, Zenith Bank, UACN, UBA, Ardova, and Redstar Express, among others, which impacted mildly on Year-To-Date gain, that reduced to 8.53%. Market capitalization stood at N1.74tr YTD, representing an 8.10% growth from the year’s opening value. BearishSector Indices Sectoral performance indexes were down, except for the NGX Consumer goods index which closed 0.12% higher, while the NGX Banking index led the decliners after losing 0.97%, followed by Insurance, Industrial Goods, and Energy with 0.34%, 0.25%, and 0.24% respectively. Market breadth turned slightly negative, as losers outnumbered gainers in the ratio of 19:18, while transactions in volume and value terms were mixed after players exchanged 270.70m shares worth N5.63bn, compared to the previous day’s 280.71m units valued at N3.48bn. Volume was boosted by trades in Flour Mills, Transcorp, FBNH, ETI, and GTCO. Neimeth Pharm and Chams were the best-performing stocks after gaining 10% and 9.09%, closing at N1.98 and N0.24per share respectively on market forces. On the flip side, Redstar Express and Pharmdeko lost 9.86% and 9.83% respectively, closing at N3.29 and N2.11 per share purely on profit-taking. Market Outlook We expect the mixed trend on profit-taking and momentum investing as pullback creates an opportunity for players to jump into positions on the strength of Q3 numbers, just as candlestick formation and volume traded at the end of day trading revealed sellers in control as the index slide down marginally. Also, we note that institutional players are not selling but positioning in blue-chip companies, as the pullback was on a light volume. It is equally noteworthy that this pullback at this level is for the accumulation of more positions ahead of year-end seasonality. Also, many stocks are trading within their buy ranges, a situation expected to attract more funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation. https://investdata.com.ng/expect-mixed-trend-on-profit-taking-momentum-investing-amidst-pullback-positioning/
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Understanding The Big Picture and Changing Your Trading Strategies For Profit The investing public at this stage, ought to understand and identify the stage the nation’s economy is in the economic cycles as the different impetus associated with various stages that would help in analyzing sectors, industries and companies. This would enable them also to know sectors that would do well in a particular cycle or period, and as such guide them on how to pick the best industry or company at the right time. These economic cycles are classified into five namely the early expansion, middle expansion, late expansion, early contraction and late contraction and they all offer different investment opportunities. To know what stage of an economic cycle we are in, you must first identify the current stage of the economy and which sectors have done well, looking at such economic indicators as interest rates, inflation and industrial production which is the national output. It is better investors understand these economic cycles now as the post-election economy is disintegrating, so as to know where to pitch their tent in the new dispensation. The early expansion stage of an economy is where the interest rate is relatively low, or inflation has decline to a low level while the national output is increasing on the strength of industrial production to drive the whole system. Nigeria’s economy is not at this stage now, but investments thrive in these sectors and industries: capital goods, technology, transportation, manufacturing, communication equipment, airlines and construction. Interest Rate At the mid expansion stage of any economy, the interest rate is on the gradual increase as inflation rate remains down for a time while the output of the nation has increased geometrically on the strength of low cost of funds for expansion of business and take off of new enterprises to boost development and growth. At this stage, manufacturing, machinery, construction and industrial goods do well, meaning that companies in these sectors or industry would thrive and investors must focus on companies in these sectors. The late expansion of an economy is at the point where interest rates have increased geometrically with inflation to keep national output at a constant level. Here the cost of borrowing is high and the prices of goods and services are high as well, due to the inflationary pressure on the system. The sectors that thrive under this condition are energy, consumer staples and basic materials, like power, oil & gas, chemicals, Alumium , Beverages, foods, distributors, health care, hospital management, household products and medical products. Inflation Rate The early contraction stage is where the economy starts dwindling because the interest rate has remained high and inflation continues to rise, thereby causing a serious decline in national output as industrial production decreases on the influence of high cost of production. The sectors or industries that thrive at this stage are the financial services, utilities and consumer staples. Examples are the energy companies, house-wares and electric companies. Industrial Production Finally, the late contraction stage occurs when interest rate begins a gradual decline with high inflation rate and national output degenerates due to the high cost of goods and services. At this stage, it is the financial and consumer sectors that do well while the industries and insurance, investment bank, banks, as well as savings and loans. Understanding the big picture in equity investment would go a long way to help traders and investors in any economic and market situation, since the stock market cannot be divorced from the economy, as a leading indicator that tells what is happening now and pointing to the future of each sector, industry and company. In stock trading, what influences share price is beyond company performance, as 80 percent of what moves equity prices comprises of the economy, the market, the sector and the industry. When the economy is recovering the share prices of listed companies are likely to be in the same direction of recovery or looking up, also the market itself has influence on prices when it experienced system or economy induced downturns or upturns. The sector and industry also have influence on share prices, when a sector or industry is doing well it goes down to impact companies operating in that space. As earlier mentioned, the economy has cycles of boom and bust which goes with the different stages of early expansion to late contraction. After identifying the stage our economy is now, which sectors should you invest in for profit after the market remained in the red for over three months? The bearish market created another opportunity to buy low and sell high when prices rebound. To identify value in a recovering economy when market is oscillating in upward direction due to happenings in the global and domestic environment, the sectorial performance YTD would reveal industries that have witnessed slowdown or suffered losses but with upside potentials. This is just as year-end seasonality and others are expected to playout before the year winds down. SECTORIAL INDEX PERFORMANCE YTD. From the sectoral performance, there are indications that prices have change from low to high as shown in the indices above, except for the NGX Insurance and Consumer Goods thatare negative due to their relatively unstable price movement year to date. The down trodden sectors have been affected by the economy and the market, but some of the companies operating within the sector still have strong fundamentals regardless of market perception and sentiments for low share prices that have value now for investors to identify. In the current market situation price is key but let value guide you, what gives value is derived at the right time when position is taken at a lower price, because equities that have high margin of safety at relatively high price before now are selling lower due to conditions that had forced prices down. In the current situation cash is king, as it allows investors reposition on time at any breakout of the market from the current trend that had characterized the up and down movement of prices in recent times. Exiting positions in toxic stocks and selling those with low marketability at a discount to hold cash is necessary to help you as a trader, or investor position at the reversal of any market trend. Do not make the mistake of staying in toxic stocks, because they are always the first to take a hit in the form of huge losses. Leaving your money in any company that has no clear business model capable of supporting its performance, or that you do not trust wholeheartedly is very dangerous to your portfolio. Identifying stocks that would attract the attention of foreign investors who are currently standing on the sidelines, when they start return to the market is important, because they are major drivers of the market due to high volume of transaction they control, which the local institutional investors or players have taken over. This is coupled with the advantage of exchange rate that is in favour of international investors who enter with little forex to buy over the market. Sectors to target in this economic situation include the banking, healthcare, if the government and regulators of that industry wake up to their responsibility and begin to protect local manufacturers, and the conglomerates, especially those companies that are highly diversified, as well as agribusiness, consumers and industrial goods. https://investdata.com.ng/understanding-the-big-picture-and-changing-your-trading-strategies-for-profit/
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Sentiment Report for November 10, 2021 NGXASI buy 6% sell 94% MFI 71.65 Access buy 50% sell 50% volume index 0.91 MFI 26.65 Aiico buy 0% volume index 0.77 MFI 75.28 Chams buy � volume index 0.77 MFI 58.24 Courtville buy � MFI 55.09 Cutix buy � MFI 54.63 Eti buy 80% sell 20% volume index 1.37 MFI 81.69 Fbnh buy � MFI 63.35 Fidelity buy 0% MFI 61.50 Fmn buy � volume index 18.58 MFI 86.05 GTCO buy � volume index 0.95 MFI 31.89 Honyflour buy 0% MFI 41.66 Jaiz buy � volume index 1.45 MFI 61.55 Jagold buy � volume index 0.71 MFI 23.66 Lasaco buy � volume index 0.79 MFI 22.04 Linkass buy � volume index 0.98 MFI 28.62 Mansard buy � MFI 30.86 Mtnn buy 0% volume index 5.44 MFI 97.80 M/verse buy 0% volume index 1.35 MFI 78.05 Nahco buy � volume index 1.11 MFI 36.68 Neimeth buy � volume index 5.79 MFI 76.79 NGXGR buy 0% MFI 14.04 Sterling buy � MFI 62.03 Transcorp buy 0% volume index 1.82 MFI 55.86 Uba buy 57% sell 43% MFI 57.20 Ucap buy � volume index 0.82 MFI 61.71 Wapco buy 0% volume index 0.71 MFI 67.33 Wapic buy 50% sell 50% MFI 23.08 Wema buy � MFI 58.13 Zenith buy 0% volume index 1.14 MFI 19.29 Investdata Daily Sentiment Report
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Our just concluded Teens Can Cook Competition was mind-blowing with contestants exploiting the opportunity to showcase their skills in cooking. Be sure to look out for our next edition coming up in 2022. Follow us on our various social media platforms to be up to date on all our activities. Teens Can Cook Foundation Phone: +2348051113510, +2348139201829, +44 7780 518308, +447447785210 Address: 56, Salvation Bus stop, Opebi, Ikeja, Lagos. Email: teensinternationalfoundation@gmail.com Website: https://teensfoundation.business.site/
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Expect Mixed Sentiment, As Investors Position Ahead Of Pullbacks In Sound Stocks Market Update for the Week Ended Nov 5 and Outlook for Nov 8-12 The nation’s equity market during the just ended week witnessed post-earnings season profit-taking that halted a seventh successive week of bull transition on a low traded volume and negative breadth as selloffs hit some of the major sectors ahead of year-end seasonality and repositioning for 2021 dividend expectations. The economy has its own four cycles which are determined by such economic indicators as interest rates, inflation, and national output/productivity which enable investors to identify which sectors have done or will do well. Understanding market structure using technical analysis will tell us the current phase of the market, which will enable us to apply the right strategies to win big. However, to improve your profit-taking strategy is to sell when many traders are buying into positions. This is a smart way of taking profits because large moves are often followed by digestion days, where the market consolidates or pulls back for a breather. Knowing where to take profit is a highly debated issue or topic among traders. There have been pre-determined rules for selling or profit-taking. we envisage a mixed trading pattern due to bargain hunting activities in dividend-paying stocks amid intermittent profit-taking activities. That notwithstanding, we advise market players to position in fundamentally sound stocks with positive technicals and sentiment as market fundamental and liquidity keep looking up in the face of oil price trading above $84 in the international market, while the nation external reserves hit $40 billion again. Technically, the NGX index’s action on a weekly time frame reveals mixed sentiments, as ADX remained above 20 points at 30.64, just as the money flow index was up at 76.58 points, revealing the increase in money flow to the equity space. These are indications that confirm the daily move and volatility, as the NGX index has rebounded again to break out the strong resistance level of 42,000 basis points which signals the possibility of trend continuation on the daily and weekly chart with the index resisting a further decline. So, we have to wait to see what happens in the new week as analysts interpret the various Q3 earnings reports. The low traded volume, during the week, is an indication that institutional investors are not selling and the volume that took the market up is still very intact. The light volume on the profit-taking activities shows that retail investors like you and I are the ones booking profits. To navigate the rest of the year profitably, order for Investdata’s video on Technical Toolbox for Buy & Sell Decision Home Study Pack to enhance trading results 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 Movement Of NGXASI The NGX index had a mixed trend of three down sessions and two up days. The week’s trading for the week opened on the downside on Monday, as a result of profit-taking before the market retraced up on Tuesday following the increased buying interests in banking and industrial goods stocks. There was a pullback at the midweek and Thursday, when the benchmark index shed 0.09% and 0.08% respectively, while the index rebounded on Friday by 0.17%, bringing the week’s total loss to 0.06%, compared to the previous week’s 0.46% gain. This performance was driven by selloffs and buy an interest in bellwether stocks. Consequently, the key performance index shed 24.10 basis points, closing at 42,014.50bps, after touching an intra-week low of 41,930.73bps from its highs of 42,151.01bps, as the week’s opening figure was 42,038.60bps on mixed sentiments and profit-taking in low, medium, and high priced stocks. Market capitalization during the period fell by N12.58bn, closing at N21.93tr, compared to the previous week’s N21.93tr, which also represented a 0.06% value loss. The week’s top gainers table was dominated by low and medium-priced stocks which had become the toast of investors, despite the negative and selling sentiments. There were due to positive sentiment for Regency Assurance, SCOA, Wema Bank, Fidson Healthcare, University Press, Okomu Oil, and GSK, in the midst of the continued portfolio repositioning on the strength of the recently published nine-month earnings reports and positive economic data. It is noteworthy that the NGX Index and price actions revealed the presence of sellers in the market, a situation that reflects on some sectorial indexes. Market breadth was slightly negative for the week in the midst of low traded volume and better than expected earnings performance that are likely to support recovery in the short to long run as investors increase their stake on a pullback. Decliners outnumbered advancers in the ratio of 43:23, on a negative sentiment as revealed by investors’ sentiment report showing a 62% sell volume and 38% buy position. Money Flow Index rose to 76.58bps from the previous week’s 76.38 points, an indication that some funds entered the market. NSEASI WEEKLY CHART MOVEMENT The NGX index’s action, on a weekly chart, maintained a bullish inverted head, shoulder, and saucer chart pattern that supports and indicates an imminent uptrend but on low volume traded. The candlestick pattern at the end of last week was equally bullish to indicate that the market is resisting further decline, as the slowdown in the benchmark index after seven consecutive weeks of positive outing reveals a cautious investing, and indecision as many players stayed on the fence during the period. The index action is set to break out its strong resistances levels of 42,151.40 and 42,248.16bps on expected renewed buying interests in the new trading week that will support an uptrend. However, we need to watch out, the outcome of earnings analysis. Also with all eyes on fixed income market yields and oil prices that should further support market fundamentals to attract liquidity to the equity space. A pullback at this point will create new buying opportunities. Mixed Sectoral Indices The performance indexes across the sector were mixed, with the NGX Insurance and Industrial Goods indices chalking 0.99% and 0.88% respectively, while the NGX Banking led the decliners after losing 1.73%, followed by Energy and Consumer Goods with 1.63% and 0.74% respectively. Activities in volume and value terms were down, as players exchanged 1.43bn shares worth N12.37bn, compared to the previous week’s 3bn units valued at N34.55bn. Volume was driven by Financial Services, Conglomerates, and Consumer goods, particularly FBN Holdings, Sterling Bank, UBA, Access Bank, and Transcorp. The best-performing stocks for the week were Regency Assurance and Multiverse Mining which gained 18.92% and 10% respectively, closing at N0.44 and N0.22 per share respectively on market forces. On the flip side, Eterna and Unilever lost 15.49% and 14.42% respectively, at N07.31 and N13.35per share, purely market forces and profit-taking. Outlook for the week We expect a mixed sentiment, as investors and bargain hunters continue to take advantage of price pullback in fundamentally sound stocks for repositioning. It is also noteworthy that fund and portfolio managers continue to take a position on Q3 numbers ahead of the current financial year-end. For now, many stocks remain in their buy range to attract funds into the equity space. Also, investors will continue tracking yields movement in the fixed income market. Also, investors are still observing the interplay of forces in the FX market as the CBN gives a guideline for the new digital currency platform. Last week’s low volume suggests that institutional investors are not selling. It is noteworthy that oil prices rebounded to trade above $84 in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner. https://investdata.com.ng/expect-mixed-sentiment-as-investors-position-ahead-of-pullbacks-in-sound-stocks/
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THE BUY AND SELL SIGNAL Hello Investors, The, buy & sell signal for this week has been posted on the membership site for you. Pls, click on the long link for this week's 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 log in to 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.
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Questions and Answers with Ambrose Omordion as of 6th November 2021 Hello Investors and Traders, I just posted Questions and Answers with Ambrose Omordion as of 6th October 2021 Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update. https://www.youtube.com/watch?v=dw-xCMLOYck Ambrose Omordion |
Sentiment Report For the week ended November 5, 2021 NGXASI buy 38% sell 62% volume index 1.11 MFI 77.56 Access buy � volume access 0.78 MFI 53.80 Aiico buy 70% volume index 4.58 MFI 69.76 Ardova buy 50% sell 50% volume index 1.08 MFI 0.00 Berger buy � volume index 2.45 MFI 100.00 Bua buy � volume index 0.77 MFI 37.65 Caverton buy � volume index 1.64 MFI 38.07 Chams buy 50% sell 50% volume index 1.23 MFI 56.88 Chiplc buy 83% sell 17% MFI 52.80 Corner buy 0% MFI 45.71 Courtville buy 25% sell 75% volume index 0.97 MFI 75.20 Cutix buy 25% sell 75% volume index 2.05 MFI 47.85 Dangsugar buy � MFI 35.86 Eterna buy 2% sell 98% volume index 2.71 MFI 53.68 Eti buy 89% sell 11% volume index 0.96 MFI 88.30 Fbnh buy 76% sell 24% volume index 0.96 MFI 68.67 Fcmb buy 25% sell 75% volume index 0.78 MFI 57.54 Fidelity buy 50% sell 50% MFI 73.36 Fidson buy 0% volume index 6.63 MFI 88.08 Fmn buy 0% volume index 1.07 MFI 31.11 Ftn buy 0% volume index 1.00 MFI 52.91 Glaxo buy 0% volume index 0.89 MFI 40.46 GTCO buy 33% sell 67% MFI 37.05 Honyflour buy � MFI 51.05 Jaiz buy � volume index 0.85 MFI 50.39 Jagold buy 50% sell 50% volume index 1.66 MFI 14.56 Lasaco buy 59% sell 41% volume index 6.94 MFI 4.83 Learn buy 0% MFI 64.65 Linkass buy 60% sell 40% volume index 1.31 MFI 58.11 Lvstk buy 35% sell 65% volume index 1.12 MFI 44.36 Mansard buy 69% sell 31% MFI 44.95 Mben buy 75% sell 25% volume index 2.66 MFI 24.36 M/verse buy � volume index 11.50 MFI 95.54 Nahco buy 40% sell 60% volume index 0.77 MFI 65.08 Neimeth buy 0% volume index 1.31 MFI 56.93 Nem buy � MFI 49.26 Npf buy 0% MFI 57.40 Oando buy 40% sell 60% volume index 0.72 MFI 53.90 Okomu buy � volume index 1.26 MFI 84.14 Pharma buy 0% volume index 1.39 MFI 86.07 Prestige buy � MFI 22.11 Pz buy 0% MFI 54.32 Red buy 0% MFI 56.71 Regalins buy � MFI 46.46 Royalex buy 80% sell 20% volume index 0.73 MFI 29.30 Sovrenins buy 50% sell 50% volume index 1.03 MFI 34.76 Stanbic buy 0% volume index 4.20 MFI 75.19 Sterling buy 83% sell 17% volume index 3.54 MFI 52.11 Transcorp buy 57% sell 43% volume index 1.12 MFI 54.12 Uacn buy 73% sell 27% MFI 45.84 Uba buy 64% sell 36% volume index 2.02 MFI 51.54 Ubn buy 0% volume index 1.02 MFI 47.18 Ucap buy � MFI 65.70 Unilever buy 0% volume index 0.77 MFI 58.62 Unity buy 40% sell 60% MFI 40.05 UPDC buy 0% MFI 65.81 Upl buy 78% sell 22% volume index 2.51 MFI 84.80 Wapco buy 0% volume index 1.93 MFI 75.18 Wapic buy 50% sell 50% volume index 0.97 MFI 38.57 Wema buy � volume index 0.79 MFI 41.79 Zenith buy 13% sell 87% volume index 0.90 MFI 39.15 Investdata Weekly Sentiment Report
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QUOTE OF THE DAY "Cooking is at once child’s play and adult joy. And cooking done with care is an act of love." -Craig Claiborne.
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Mixed Trend Ahead, As Investors Reposition On Pullback, Seek Value Stocks Market Update for November 2 The seesaw movement on the Nigerian Exchange resurfaced Tuesday as the market witnessed another mixed and volatile session to reverse Monday’s negative outing on a positive outturn and buying interests in equities that recently suffered losses on profit-taking despite their impressive corporate earnings. The mixed sentiment and prevailing low traded volume in the market reflect the declining momentum and the presence of sellers as institutional investors, fund managers, and others take time to analyze and digest the corporate earnings released so far in the just concluded earnings reporting season, amid portfolio rebalancing and repositioning which will impact positively or negatively on some stocks. Technically, the NGX index’s action remains strong in the face of the up and down movements, profit-booking, and low transaction volume, as revealed by momentum indicators like ADX at 54.26 points against the previous day 52.83, and money flow index of 71.73 points on a daily chart. The possibility of a rebound is high after market players finished digesting the recent earnings released to the market. We note that the numbers came largely better than expected. However, these strong earnings, interim corporate actions, and level of liquidity in the equity space will determine the extent of this market rally when it rebounds from this pullback. Already too, all eyes are on oil prices at the international markets, which is currently trading above $84 per barrel; besides the impact of the seeming oscillation at the international market, as the direction of yields in the fixed income market remains unclear. Tuesday’s trading started slightly on the upside and it was sustained throughout the session despite oscillating on buying interests in some high and low cap stocks in the midst of profit-taking. This pushed the key performance index to an intraday high of 42,151.04 basis points, from its lows of 41,969.42bps, which closed thereafter above its opening level at 42,013.39bps. Market technicals for the session were mixed and weak with volume traded lower than the previous day’s in the midst of negative breadth and selling sentiment as revealed by Investdata’s Sentiment Report showing 76% sell volume and 24% buy position. The total transaction volume index stood at 0.82 points, just as the impetus behind the day’s performance remains strong, Money Flow Index dropped to 71.73 points, from Friday’s 72.70 points, indicating that funds left the market. To navigate the rest of the month and year profitably, order Investdata’s video on Buy &Sell Technical Analysis Toolbox to 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 Mkt Cap Movement The benchmark NGX All-Share index, at the end of the day’s trading, gained a marginal 36.50 basis points, closing at 42.013.39bps after opening at 41,976.79bps, representing a 0.09% up, just as market capitalization rose by N19.11bn, closing at N21.93tr, from the opening value of N21.91tr, also representing 0.09% 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 30 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the recovery move of the market at this time. 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 to stimulate and re-track the economy to the path of growth and development. Meanwhile, Tuesday’s upturn was driven by position taking in BUA Cement, Oando, International Breweries, and Dangote Sugar, among others, which impacted mildly on Year-To-Date gain, at 4.33%. Market capitalization stood at N780.78bn YTD, representing a 4.10% growth from the year’s opening value. Mixed Sector Indices Sectorial performance indexes were mixed, as the NGX Banking and Insurance indexes closed 1.51% and 1.49% lower respectively, while the NGX Industrial Goods index led the advancers after gaining 1.09%, followed by Oil/Gas and Consumer Goods with 0.72% and 0.57% respectively. Market breadth was negative, as losers outnumbered gainers in the ratio of 31:10, while activities in volume and value terms were down, as investors exchanged 318.91m shares worth N3.28bn, compared to the previous day’s 378.15m units valued at N3.24bn. Volume was boosted by trades in UBA, FBNH, Zenith Bank, Chams, and Transcorp. International Breweries and Lasaco were the best-performing stocks after gaining 9.62% and 9.33%, closing at N5.70 and N1.17 per share respectively on market sentiments and forces. On the flip side, UACN and FTN Cocoa lost 9.73% and 8.10% respectively, closing at N10.20 and N0.42 per share purely on profit-taking and selloffs. Market Outlook We expect a mixed trend as bargain hunters take advantage of correction to reload their portfolios with value stocks on the strength of positive numbers, just as candlestick formation and volume traded at the end of day trading revealed sideway trending as institutional players are not selling yet. It is equally noteworthy that this pullback at this level is for the accumulation of more positions ahead of year-end seasonality. Also, many stocks are trading within their buy ranges, a situation expected to attract more funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation. Invest 2022 Traders & Investors Summit Theme: Master The Market, Get The Best In Pre-Election Year 2022 Sub-Topics 1. Playing Nigeria’s Multiple Exchanges For Diversification & Balanced Trading 2. Agriculture, Economic Recovery & Diversification: Where Is Commodity Trading In Your Portfolio 3. Technical Outlook & Indicators For Profitable Market Timing 4. Benefits & Dangers Of Fixed Income Instruments In An Inflationary Environment 5. Economic Outlook and implications of N16.45 Trillion 2022 Budget On Sectors/Stock Market 6. Profitable Stock Picks Made Easy Using Fundamental Tools 7. The Role of Real Estate & REIT Instrument In the Ecosystem 8, Trade Opportunities & 10 Golden Stocks for 2022 Investdata 10th annual event, a game-changer for market players. As the summit help investors to identify trade opportunities and ideas for profitable trading in the pre-election year. Invest 2022 is a not–to–be missed summit that could completely change your view of where the economy and stock market are currently set and when you should be fully invested in it or fully hold cash. Join the experts and experienced professionals to discuss a Big Picture Perspective of where the stock market and other investment windows are currently placed and what signs to be vigilant about over the coming months and year 2022. Don’t miss this summit. We have held this annual summit since 2012, to give investors and traders insight, perspective, and expectations in the new year. This year Invest 2022 Summit is exceptional being vaccination-driven economic recovery after Covid 19 disruption. The big picture of what is happening and outlook for 2022, analysis of the status of different investment windows and opportunities, ranging from the economy, equity, bond, commodity, real estate, and others using fundamental and technical tools. More than 80% of the golden stocks pick during Invest 2021 Summit have beaten their targets, returning more than 40% to 60% in less than a year. Due to growing concern and fear around the globe and the domestic economy/stock market as analysts are predicting a big melt-down in stocks from any time soon, to sometime in 2022. Looking at history, there is no doubt that correction or pullbacks are on the cards at some stage. ‘when will this occur and whether it will end this bull run or market recovery.’ Whatever happens, what is the best way to prepare, rather than trying to Predict? This is what Invest 2022 Summit will address. So you are invited to participate in this event and walk the path of profitable trading in 2022. What to expect at this Summit? A. Why the market is on high alert for New year rally, or Correction B. Strategies to stay in profit, overcome market correction/pullbacks C. How to position in stocks for robust profit ahead of 2022 D. How to take advantage of circular flow funds in financial markets E. Risk/return from Bonds to stocks right now. F. Key to profitable trading and investing in the stock market/other investment windows Benefits for attending i. 10 Golden Stocks for 2022 ii. Admission to Investdata Buy & Sell WhatsApp group iii. Others Don’t miss this summit, if you have any exposure to the stock market, either directly or indirectly via managed funds of any kind……. Date December 4, 2021 Time 9am Venue Zoom “Invest 2022 Summit – Connects you to new trade opportunities and ideas to boost your trading results/bottom line” Want to be among the successful investors and traders in 2022 send Yes to 08028164085, 08179547605 now. Meanwhile, the home study packs on Comprehensive Stock Market trading course video, Stock Market Analysis Beyond Fundamental & Technical Analysis, INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, 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/mixed-trend-ahead-as-investors-reposition-on-pullback-seek-value-stocks/ |
Sentiment Report for November 2,2021 NGXASI buy 24% sell 76% volume index 0.82 MFI 71.73 Access buy 0% MFI 33.16 Aiico buy 86% sell 14% volume index 3.07 MFI 77.15 Chams buy 67% sell 33% volume index 4.09 MFI 63.84 Cutix buy � volume index 2.95 MFI 46.75 Eti buy 40% sell 60% MFI 92.47 Fbnh buy 0% MFI 74.09 Fcmb buy 0% volume index 2.69 MFI 61.73 Fidelity buy 33% sell 67% volume index 0.79 MFI 54.44 Fmn buy 0% volume index 1.66 MFI 42.77 Ftn buy 0% volume index 2.19 MFI 22.50 GTCO buy 0% MFI 75.47 Honyflour buy 13% sell 87% MFI 44.53 Jaiz buy � volume index 3.44 MFI 70.34 Jagold buy 0% volume index 1.30 MFI 16.22 Linkass buy � volume index 1.41 MFI 33.82 Lvstk buy 0% MFI 24.44 Mansard buy 88% sell 12% volume index 0.98 MFI 53.19 Mben buy 33% sell 67% volume index 1.03 MFI 18.73 Oando buy 0% volume index 0.70 MFI 42.80 Regalins buy � MFI 52.85 Royalex buy � volume index 0.89 MFI 17.88 Sovrenins buy � volume index 3.27 MFI 70.03 Sterling buy 0% MFI 19.49 Transcorp buy � volume index 0.73 MFI 76.21 Uba buy 33% sell 67% volume index 3.11 MFI 67.72 Ubn buy 0% volume index 0.92 MFI 60.47 Ucap buy � MFI 43.94 Wapco buy 5% sell 95% volume index 1.87 MFI 70.76 Wapic buy 0% volume index 3.29 MFI 28.52 Wema buy 0% MFI 50.09 Zenith buy 0% volume index 3.17 MFI 45.14 Investdata Daily Sentiment Report
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