₦airaland Forum

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Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 25/09/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/83510179624?pwd=dDV5WWlHKzBVbEx5N0NTNTRHbjJ3Zz09

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Meeting ID: 835 1017 9624
Passcode: 983492

Ambrose Omordion

HOLDS TODAY!!!!

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogundalu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: Today, September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

HOLDS TODAY!!!!

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogundalu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: Today, September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

HOLDS TODAY!!!!

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogundalu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: Today, September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

HOLDS TODAY!!!!

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogundalu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: Today, September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

HOLDS TODAY!!!!

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogundalu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: Today, September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

Expect Reversal On Market Pullback, As Many Stocks Trade Within Buy Range


Market Update September 22

The bear-run on the Nigerian Exchange persisted at the midweek as the NGX All-Share index suffering yet another slight pullback for a third consecutive trading session, despite the marginal decline in momentum, low traded volume, and negative breadth. The calmness and prevailing trade pattern signal the wait-and-see attitude of players and low liquidity in the market.

With quarter-end and Q3 earnings reporting season drawing closer, Investors and traders are still digesting and studying the recent corporate earnings and economic data, while expecting policy statements capable of propelling market direction.

The seeming bearish state of the market is creating buy opportunities for discerning investors and traders that understand equity market dynamics and the power of seasonality in trading stocks since many stocks are trading within their buy ranges ahead of the Q4 season. Technically, the prevailing low volume traded and the seeming divergence between the NGX index action and MACD histogram suggests that markup by smart money is underway, which we wait to confirm during the trading session of Thursday or Friday.

Meanwhile, Wednesday’s trading opened slightly on the downside and oscillated mildly throughout the session on selloffs and buy interests in medium and low-priced stocks. This pushed the benchmark index to an intraday low of 38,846.86 basis points, from its highs of 38,874.92bps, after which it closed below the opening point at 38,857.69bps.

Market technicals were negative and mixed as volume traded was lower than that of the previous day with breadth favouring the bears on negative sentiments as revealed by Investdata’s Sentiment Report, showing 21% ‘buy’ volume and 79% sell position. The total transaction volume index stood at 0.69 points, just as the momentum behind the day’s performance was weak, as Money Flow Index was looking down at 17.90points, from the previous day’s 25.79points, an indication that funds left the market.

To navigate the rest of the quarter and year profitably, order Investdata’s video on Technical Analysis Made Easy for Profitable Trading 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 Market Caps

At the close of midweek’s trading, the composite NGXASI dropped by 21.16 basis points from its opening level of 38,873.85bps, representing a 0.05% drop, just as market capitalization fell by N11bn, closing at N20.24tr, from the opening value of N20.25tr, also represented 0.05% value loss.

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 25 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 oscillating mood 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 midweek’s downturn was driven by selloffs in Access Bank, United Capital, Vitafoam, Zenith Bank, GTCO, UBN, FCMB, UACN, and Chams among others, thereby impacting mildly on Year-To-Date loss that rose to 3.52%. This was just as the cumulative loss in market capitalization stood at N814.22bn, representing a 3.86% decline from the year’s opening value.

Mixed Sector Indices

Performance indexes across sectors were mixed, with the NGX Banking and Consumer Goods index closing 0.83% and 0,02% lower respectively, while the NGX Insurance Index led the advancers, gaining 1.21%, followed by Oil/Gas and Industrial Goods with 0.50% and 0.01% respectively.

Market breadth was negative, as losers outnumbered gainers in the ratio of 17:13, while activities in volume and value terms were down after stockbrokers traded 155.77m shares worth N1.51bn, compared to the previous day’s 184.44m units valued at N2.34bn. Volume was driven by trades in Universal Insurance, UBA, Zenith Bank, GTCO, and United Capital.

Transcorp Hotel and Pharmdeko were the best performing stocks as they gained 10% and 9.88% to close at N4.95 and N1.78per share respectively on market forces. On the flip side, Veritas Kapital Assurance and UCap lost 8.70% and 5% respectively, closing at N0.21 and N8.55 per share purely on profit-taking.

Market Outlook

We expect reversal as investors and traders take advantage of the market’s pullbacks to position, while many stocks are trading within their buy ranges, a situation expected to attract funds into the equity space, given the Dividend Yield capable of serving as a hedge against inflation.

Also, institutional investors and others continue to digest recently release economic data ahead of the month and quarter-end, as well as the continued repositioning of portfolios for the year’s last quarter. 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. The day’s low volume suggests that institutional investors and others are still cautiously looking at the economic data and policy direction of the economic managers. It is noteworthy that oil price pullback in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

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/expect-reversal-on-market-pullback-as-many-stocks-trade-within-buy-range/

HOLDS TODAY!!!!

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogundalu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: Today, September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

Sentiment Report for September 22, 2021

NGXASI buy 21% sell 79% MFI 23.97
Access buy 0% MFI 62.63
Chams buy 0% MFI 27.80
Courtville buy � MFI 53.94
Cutix buy 0% volume index 1.24 MFI 54.87
Dangsugar buy � volume index 1.17 MFI 23.67
Eti buy � volume index 3.94 MFI 68.10
Fidelity buy � volume index 1.13 MFI 50.19
Fmn buy 0% volume index 0.70 MFI 74.38
Ftn buy � MFI 22.08
GTCO buy 33% sell 67% volume index 1.19 MFI 10.94
Jaiz buy 50% sell 50% MFI 62.63
Jagold buy 0% volume index 2.23 MFI 26.13
Lvstk buy 0% volume index 1.56 MFI 34.44
Mansard buy 17% sell 83% volume index 3.57 MFI 21.60
Nahco buy � volume index 0.98 MFI 84.68
Stanbic buy 0% volume index 1.91 MFI 58.44
Sterling buy � MFI 25.97
Transcorp buy � MFI 60.84
Uacn buy 0% volume index 0.92 MFI 55.29
Uba buy 0% volume index 1.95 MFI 39.36
Ucap buy 20% sell 80% volume index 1.60 MFI 66.44
UPDC buy � MFI 51.76
Vitafoam buy � volume index 1.10 MFI 83.00
Wema buy 0% MFI 5.39
Zenith buy 67% sell 33% volume index 1.32 MFI 38.83

Investdata Daily Sentiment Report

Are you like Arkad or like other citizens?

Ambrose Here Again,

When the Good King, Sargon, returned to Babylon after defeating his enemies, the Elamites, he was confronted with a serious situation. This was the fact that after the King built great irrigation canals and the mighty temples to the gods, the people seemed to be unable to support themselves.

The King asked the Chancellor, "where has all the gold gone that we spent on these great improvements" demanded the King.

"It has found its way into the hands of a few rich who knew how to acquire gold", replied the Chancellor. As a result, the King requested that the richest one among them should be summoned. His name was Arkad. The King requested that he should teach the people of Babylon how to get rich and become prosperous.

He accepted the King's request and asked the Chancellor to select 100 persons from different walks of life. He taught them 7 remedies for a lean purse. However, he made emphasis on the most important one which is: This is an increase in your ability to earn more.

"A man who seeks to learn more of his craft shall be richly rewarded. If he is an artisan, he may seek to learn the methods and tools of those most skillful in the same line...if he is a merchant, he may continually seek better goods that can be purchased at low prices"

Similarly to earn more in NSE, you must know and continue learning nonstop.

The InvestData Q4 Masterclass is getting close, Investors like Arkad have already registered and are ready to aim and fire.

... Because the Q3 Mastermind Class gave them a total average return of 42%. apart from that, they have to turn it into a quarterly income.

So, are you like Arkad or like other citizens?

The choice is Yours to make.

Register for the InvestData Q4 Masterclass before registration closes on 30th September 2021

Call or Chat Admin 08032055467, +2348179547605

Dedicated to Your Financial Success,
Ambrose Omordion

What's Delaying You From Taking Action?

It's Ambrose Here Again,

I have sent you series of posts regarding the InvestData MasterClass that will be held on the 2nd of October, 2021, and I expect that you have taken the necessary plan and action.
However, if you have not, it is still good.

Sincerely, one of the characteristics of those who win is speed. Simply put, swift action. They understand the fact that everything has its own time and tide so they don't want to take chances.

Here is the link should in case you missed it.

https://workshop.investdataonline.com

Now, if you have not taken the decision to register for the InvestData Q4 Masterclass Training then it could be:

1. The amount is high: like seriously? It's just N556 per day and whatever return on investment you make depends on the amount you put in.

2. Procrastination: you have not decided whether you will invest in yourself or not. You see, procrastination is one of the reasons why you don't get what you want on time because push things tomorrow is the order of the day. So, the only way to overcome it is by taking action without hesitation and doubt.

No funds: just like you don't give excuses regarding your recurrent expenses so you should not give excuses regarding the multiplication of your investment because the bills will still be coming and increasing.

The above are facts of life. In fact, you could decide that you are not registering for the Q4 Masterclass However if nothing is changing about your current mindset then doing the same thing and expecting to profit from the market will be practically impossible.

Hence, complete your Q4 InvestData MasterClass Registration before it expires Thursday 30th September 2021

Call NOW 08028164085, +2348179547605

Or click on the below link


https://workshop.investdataonline.com

Dedicated to your Success,
Ambrose Omordion

Sentiment Report for September 21, 2021

NGXASI buy 42% sell 58% volume index 0.82 MFI 23.84
Access buy 33% sell 67% MFI 68.55
Afrprud buy � volume index 1.61 MFI 69.16
Aiico buy � MFI 31.14
Chams buy � MFI 32.36
Chiplc buy 60% sell 40% MFI 31.20
Courtville buy � volume index 0.94 MFI 50.99
Cutix buy 0% MFI 60.46
Fbnh buy � MFI 60.40
Fcmb buy � volume index 0.75 MFI 32.27
Fidelity buy � MFI 46.54
Glaxo buy 0% volume index 6.92 MFI 0.00
GTCO buy 0% volume index 2.34 MFI 17.73
Jaiz buy 0% MFI 67.29
Jagold buy 0% volume index 2.70 MFI 30.89
Lvstk buy 0% MFI 45.51
Mansard buy 17% sell 83% volume index 3.57 MFI 21.60
Nahco buy 0% volume index 1.65 MFI 75.93
Sovrenins buy � MFI 23.49
Stanbic buy 0% volume index 1.69 MFI 63.17
Transcorp buy � MFI 45.36
Uba buy � volume index 4.17 MFI 48.01
Ucap buy � volume index 2.51 MFI 74.51
Unity buy 0% MFI 16.10
UPDC buy 0% MFI 44.98
Veritas buy � MFI 28.59
Vitafoam buy � volume index 3.29 MFI 92.42
Wapco buy 0% MFI 38.32
Wema buy 60% sell 40% volume index 0.73 MFI 4.87
Zenith buy 36% sell 64% volume index 1.65 MFI 48.74

Investdata Daily Sentiment Report

Reversal Ahead On NGX, As Investors Position On Pullback, MPC Outcome
Market Update for the Week Ended Sept 17 and Outlook for September 20-24

Last week was packed full of activities that influenced the Nigerian Exchange benchmark All-Share index action with mixed trading and trend to close the period marginally positive on a low traded volume and negative breadth that halted the previous weeks of bear-run while calming the fear of a possible hike in Treasury Bill rates. During the week also, data from the National Bureau of Statistics (NBS), showed a further mild decline in inflation rate for the fifth consecutive month, just as the Central Bank of Nigeria’s Monetary Policy Committee held its regular meeting, with members voting to hold all the monetary policy instruments unchanged. This was to ensure the relatively low cost of funds necessary to support the ongoing national economic recovery. Given the positive economic data and news from the flat TB offer rates, and MPC meeting outcome, we expect a breath out from the market ahead of the month and quarter-end window dressing and portfolio reshuffling to drive price and general performance.

As events are unfolding, this is the time for investors to rethink and change their trading strategies by looking at the way of companies that depend less on imported raw materials, or have done full backward integration. The ongoing development in the foreign exchange market is likely to affect the performance of companies, especially those engaged in manufacturing and that depends mainly on imported raw materials.

The low traded volume for the week is an indication that investors are seating on the fence, while funds exit the market, as revealed through the weekly money flow index and other investment windows compete for these funds. It is also worth noting that this is happening on the back of the ongoing devaluation that has seen the Naira at almost N600/$1 in the black market, a situation the CBN is trying to address with the plan to unveil the eNaira on October 1.

Last week also, Governor of the CBN, Godwin Emefiele, while fielding questions during the presentation of the communiqué issued at the end of the MPC meeting, accused AbokiFX, an online currency data platform of crashing the Naira, by posting false exchange rates and carrying out an illegal activity that undermines the economy. As part of strengthening the Naira at the FX market, the government would drive strong industrialization that supports export, especially the production of cash crops and others for export to earn more forex. We also expect that the CBN would further improve liquidity in the FX market and relax the restriction of $100/month for FX transactions on naira debit cards for legitimate foreign transactions.

To navigate the rest of the quarter and year profitably, order for Investdata’s video on Technical Analysis Made Easy for Profitable Trading 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

Movement Of NGXASI

NGX index action opened the week on a negative note, extending the previous week’s negative outing on a low traded volume to form an inverted hammer candlestick, reversing up on Tuesday when it gained a marginal 0.08%. This trend was sustained at midweek when the composite index recorded a 0.14% growth before pulling back on Thursday with a 0.17% loss but rebounded on Friday on the decision of the MPC meeting to retain all monetary policy instruments unchanged. These brought the week’s cumulative gain to 0.06%, compared to the previous week’s 0.86% loss.

In all, the key performance index gained 22.09 basis points, closing at 38,943.87bps from its opening level of 39,921.78bps, after touching an intra-week high of 38,968.34bps from its lows of 38,858.01bps on mixed sentiments in highly-priced stocks and buying interests in medium and low cap equities. Also, market capitalization rose by N11.14bn, closing at N20.29tr, compared to the previous week’s N20.28tr, which also represented a 0.05% in value gain, with the difference resulting from the price adjustment in Access Bank for the 30 kobo interim dividend declared by its directors.

As usual, medium and low-priced stocks dominated the advancers’ table for the week, with investors positioning in UPDC, United Capital, Vitafoam, NNFM, Learn Africa, Fidelity Bank, Nahco, and Honeywell among others. This was due to continued repositioning of portfolios amid the market corrections and pullbacks on selloffs and profit-taking. Index and price actions revealed the presence of buyers in the market, a situation that is yet to reflect on the sectorial indexes.

Also, during the week, CAP listed additional 88.26m shares, resulting from the just concluded merger with Portland Paints bringing the company’s total share outstanding to 788.26m units.

Market breadth for the period was negative on low traded volume to resist the decline and signal the wait-and-see attitude of traders, with losers outnumbering gainers in the ratio of 38:21, on positive sentiments as revealed by investors’ sentiment report showing 78% ‘buy’ volume and 22% sell position. Money Flow Index dropped slightly to 57.32bps from the previous week’s 63.36 points, an indication that funds left the market.

NSEASI WEEKLY CHART MOVEMENT

NGX index’s action has formed a hammer candlestick after two successive weeks of decline to reveal the possibility of a reversal in trend in the new week, as the index action remained within a consolidating rectangle and on a strong support level. The candlestick formation indicates the return of strength as bargain hunters buy in the pullbacks, but we need to watch out, as market players digest economic data, fixed income market yields, and outcome of MPC meeting that should further support market fundamentals to attract liquidity to the equity space.

Bearish Sectoral Indices

All the sectorial performance indexes were down, led by the NGX Oil/Gas which lost 3.35%, followed by Banking, Insurance, Industrial and consumer goods with 0.79%, 0.58%, 0.24%, and 0.21% respectively. Transactions in volume and value terms were down, with investors exchanging 856.29m shares worth N10.75bn, compared to the previous week’s 1.43bn units valued at N13.07bn. Volume was driven by Financial Services, Consumer Goods, and ICT, particularly Access Bank, Universal Insurance, Wema Bank, Zenith Bank, and GTCO.

UPDC and United Capital were the best-performing stocks during the week, after gaining 11.80% and 11.25% respectively, closing at N1.80 and N8.90 per share respectively on positive market sentiments and forces. On the flip side, SCOA and Transcorp Hotel lost 18.46% and 10% respectively, at N1.06 and N4.50per share, purely on selloffs and profit-taking.

Outlook for the week

We expect a mixed trend as bargain hunters take advantage of pullbacks in fundamentally sound stocks to position, just as players digest August inflation data, TB primary market auction rates, and the outcome of last week’s MPC meeting. As many stocks enter their buy range to attract funds into the equity space. 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 yet to enter the market and others are still trading with caution. It is noteworthy that oil prices rebounded to trade above $71 in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

INVESTDATA Q4 MASTER CLASS OPEN FOR REGISTRATION

Theme Road To Wealth: Avoiding Financial Lockdown In Q4 & Beyond

Sub-Topics

The Power of Earnings: Best Trading Strategies To Grow Your Portfolio, By (AlhajiGarbaKurfi, MD/CEO, APT Securities & Funds Ltd)
The Road Ahead For The Economy & Impact of PIB On Equity Market, By Mr. AbiolaRasaq, CSCS).
Classical Chart Patterns For High Powered Profits In Any Market Cycle, By Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd
Are you interested in building wealth and improving your trading results through tested and effective investing strategies for the rest of the year and beyond? Smart domestic investors, like Aliko Dangote, Jim Ovia, Tony Elumelu, TY Danjuma, and Abdul SamadRabiu, among others, recognise the power of creating wealth through stock trading and investing.

This Q4 masterclass is for you, because it will help you follow exact steps in real time and target one of the most active time frames in the market. It doesn’t matter how the government is creating new money and credits, or what tricks they are employing, or how they spin them ….

Nigeria has entered one of the greatest inflationary periods despite the seeming slowdown in the last four months. Inflation is not a threat. It is government policy from this point forward that will push million of Nigerians down …. Out of the middle class…out of private retirement, healthcare and decent lives, based on independence and privacy… into a collective nightmare we call financial lockdown.

This is what happens when people are trapped by their own collapsing currency, such that they become deeply indebted. Inflation causes huge distortions in the economy and in the markets, so its critical that you take the necessary steps to ensure you are not left behind.

We have put together this Q4 masterclass to help market players avoid those needless losses and build a profitable portfolio that has high ROI…… Especially in a volatile market, when you don’t know which way up….

Participants will learn the following

How to trade earnings to boost their portfolio bottom line
The relationship between equity price movement and power of earnings
The road ahead, which sector and industry have the potential to drive profit that will support equity prices
How to simplify price action analysis on any time frame
How to filter out market noise and identify the most opportune time to join any market
Tradeable chart patterns and candlestick formations that signal real money making opportunities
Trend trading secrets for profitable trades and minimal risk
Five hot stocks that beat inflation and deliver over 25% in 90-day investment windows.
Date: October 2. 2021

Time: 9 am Prompt

Fee: N50,000 per participant

Venue: ZOOM

However, with less than 12 days to Q4 Master class October 2, 2021, you need to make money and avoid financial lockdown, boost your trading bottom line. Don’t miss this opportunity.

During this practical session our top industry experts will reveal profitable trade ideas and opportunities in Q4 to consolidate your gains and ride on year-end seasonality to maximize returns. That is what you can implement immediately to start tracking the result by yourself and the investdata Research team on your behalf. You definitely want to be among the smart traders and investors in Q4. So, send “YES” or “STOCKS” to 08028164085 and 08179547605.

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.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08179547605
https://investdata.com.ng/reversal-ahead-on-ngx-as-investors-position-on-pullback-mpc-outcome/

“Work hard for what you want because it won’t come to you without a fight. You have to be strong and courageous and know that you can do anything you put your mind to. If somebody puts you down or criticizes you, just keep on believing in yourself and turn it into something positive.”

– Leah LaBelle

“Never stop doing your best just because someone doesn’t give you credit.”

– Kamari aka Lyrikal

“If you believe it’ll work out, you’ll see opportunities. If you don’t believe it’ll work out, you’ll see obstacles.”
– Wayne Dyer

“You’ve got to get up every morning with determination if you’re going to go to bed with satisfaction.”
– George Lorimer

Sentiment Report for the week Ended September 17, 2021

NGXASI buy 78% sell 22% MFI 58.33
Access buy 0% volume index 1.09 MFI 73.57
Afrprud buy 50% sell 50% MFI 35.37
Aiico buy 20% sell 80% MFI 31.09
Caverton buy 0% volume index 2.67 MFI 33.40
Chams buy 50% sell 50% MFI 38.46
Chiplc buy 80% sell 20% MFI 38.60
Corner buy � MFI 17.25
Courtville buy 67% sell 33% volume index 1.20 MFI 87.35
Custodian buy � MFI 78.62
Cutix buy 25% sell 75% volume index 0.94 MFI 75.42
Dangsugar buy 0% MFI 63.34
Eterna buy 3% sell 97% MFI 40.38
Fbnh buy 33% sell 67% MFI 73.67
Fcmb buy 54% sell 46% MFI 54.03
Fidelity buy 71% sell 29% volume index 0.89 MFI 60.20
Fidson buy 80% sell 20% volume index 0.89 MFI 88.80
Fmn buy 14% sell 86% volume index 1.58 MFI 44.01
GTCO buy � MFI 10.27
Honyflour buy 61% sell 39% MFI 96.62
Jaiz buy 0% MFI 25.96
Jagold buy 50% sell 50% MFI 31.41
Lasaco buy 0% MFI 54.88
Learn buy � MFI 77.11
Linkass buy � MFI 56.50
Lvstk buy 22% sell 78% volume index 0.71 MFI 50.09
Mansard buy 17% sell 83% MFI 41.49
Maybaker buy 0% volume index 0.85 MFI 52.41
Mben buy 50% sell 50% volume index 0.94 MFI 17.51
Mtnn buy � volume index 0.76 MFI 69.40
Nahco buy � volume index 1.06 MFI 83.88
Nem buy 67% sell 33% MFI 55.01
Npf buy � MFI 31.76
Oando buy � MFI 78.96
Okomu buy 0% volume index 1.50 MFI 32.73
Prestige buy 83% sell 17% volume index 1.23 MFI 34.04
Pz buy � MFI 62.93
Red buy 0% volume index 0.87 MFI 59.42
Regalins buy 57% sell 43% volume index 0.88 MFI 66.39
Royalex buy 0% MFI 32.12
Seplat buy 0% MFI 53.45
Sovrenins buy 67% sell 33% volume index 0.72 MFI 43.05
Stanbic buy 62% sell 38% volume index 2.42 MFI 75.20
Sterling buy 14% sell 86% MFI 30.60
Transcorp buy � MFI 42.95
Uacn buy 40% sell 60% MFI 50.45
Uba buy 33% sell 67% volume index 0.93 MFI 51.04
Ubn buy 0% MFI 27.59
Ucap buy � volume index 1.12 MFI 72.67
Unity buy 60% sell 40% MFI 44.05
UPDC buy 78% sell 22% volume index 1.53 MFI 68.59
Upl buy 0% MFI 26.29
Vitafoam buy 76% sell 24% MFI 76.17
Wapco buy 0% volume index 1.92 MFI 59.54
Wema buy 0% volume index 0.93 MFI 49.98
Zenith buy 60% sell 40% MFI 53.26

Investdata Weekly Sentiment Report

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 to wait for no one

Early Bird Discount Ends Tomorrow

Ambrose Here Again,

I understand that today is Sunday and that is why I will make it as short as possible.

I believe you have been following my post all this while regarding the InvestData MasterClass that will be holding 2nd of October, 2021.

So this is just to let you know that the early bird discount will be expiring tomorrow 20th September 2021.

I deliberately send this post today so that you can add it to your tomorrow's action plan.

Hence, register for the InvestData 2021 Masterclass now so that you can get the early bird discount.

https://workshop.investdataonline.com

Or call NOW 08028164085,08179547605

Best
Ambrose Omordion

Questions and Answers with Ambrose Omordion as of 18th September, 2021


Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 18/09/2021.

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=Yr9qsAIpArE

Ambrose Omordion

The Economy Today-Stock Market Review as at 17092021

Hello Investors and Traders,

I just posted The Economy Today- Stock Market Review as at 17092021

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=W1YitEIFL3I

Ambrose Omordion

Caution, As Investors Worry Over Low Volume, FX Hiccup, Await MPC Meeting Outcome


Market Update September 16

The nation’s equity market on Thursday had mixed trading and trend to reverse the previous days gain as the benchmark index NGXASI closed lower on yet another low traded volume and negative breadth, just as investors weighed the impact of the new developments in the money and fixed income market, particularly the rates hike in Treasury Bills and new inflation data ahead of Friday’s announcement of the Monetary Policy Committee meeting outcome.

The continued low traded volume on the Nigerian Exchange recently is an indication that smart money is seating on the fence, as funds exit the market, as revealed through the daily and weekly money flow indexes. This is just as other investment windows are competing with the market, especially on the back of the ongoing devaluation that has seen the Naira at almost N600/$1 in the black market, a situation the Central Bank of Nigeria is trying to address with the plan to launch the eNaira on October 1.

As events unfold, this is the time for investors to rethink and change their trading strategies by looking at the way of companies that depend less on imported raw materials, or had done full backward integration. The ongoing development in the foreign exchange market is likely to affect the performance of companies, especially those engaged in manufacturing and depend mainly on imported raw materials.

Meanwhile, Thursday’strading started slightly on the downside and was sustained throughout the session on selloffs and profit-taking across the board, which pushed the key performance indexes to an intraday low of 38,908.10 basis points from a high of 38,968.34bps, before closing below its opening figure at 38,911.31bps.

Market technicals were negative and weak, with lower volume traded than the previous day in the midst of negative breadth and selling pressure as revealed by Investdata’s Sentiment Report showing 95% ‘sell’ volume and 5% buy position. The total transaction volume index stood at 0.57points, just as the impetus behind the day’s performance was weak, with Money Flow Index looking down at 17.74points, from the previous day’s 23.799points, an indication that funds left the market.

To navigate the rest of the quarter and year profitably, order Investdata’s video on Technical Analysis Made Easy for Profitable Trading 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 Market Caps

The composite index NGXASI, at the end of the day’s trading, shed 57.03 basis points, closing at 38,911.31bps, from its opening level of 38,968.34bps, representing a 0.15% decline, just as market capitalization fell by N30bn, closing at N20.27tr, from the opening value of N20.3tr, also represented 0.15% value loss.

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 25 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 oscillating mood of the market at this time.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of these services 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 session’s downturn was driven by selloffs in Lafarge Africa, GTCO, FBNH, Honeywell, PZ, Oando, and International Breweries, among others, which impacted Year-To-Date loss mildly, which increased to 3.38%. The YTD loss in market capitalization stood at N795.17bn, representing a 3.64% decline from the year’s opening value.

Bearish Sector Indices

Performance indexes across sectors were down, except for the NGX Insurance that closed 0.47% higher, while the NGX Oil/Gas Index led the decliners after shedding 0.57%, followed by Consumer Goods, Banking, and Industrial Goods with 0.36%, 0.28%, and 0.14% respectively.

Market breadth remained negative, as losers outpaced gainers in the ratio of 17:10, while activities in volume and value terms were down after investors exchanged 130.72m shares worth N1.43bn, compared to the previous day’s 141.41m units valued at N2.97bn. Volume was driven by trades in Access Bank, Universal Insurance, Zenith Bank, GTCO, and Japaul Gold.

The best-performing stocks were Unity Bank and FTNCocoa which gained 9.62% and 8.70%, closing at N0.57 and N0.50 per share respectively on market forces. On the flip side, Eterna and SCOA lost 9.44% and 9.40% respectively, closing at N6.52 and N1.06 per share, purely on profit-taking and selloffs.

Market Outlook

Technically, the seesaw movement of the NGX index’s action on low traded volume is a concern for technical traders, as players digest the latest inflation data and TB auction rates in the midst of foreign currency illiquidity ahead of the MPC meeting’s outcome.

Meanwhile, discerning investors and traders continue taking advantage of the market pullbacks to reposition, while many stocks remain undervalued and at the same time trading within their ‘buy’ ranges, a situation expected to attract funds into the equity space given the high dividend yields capable of serving as a hedge against inflation. Also, institutional investors and others continue to digest the Q2 GDP growth ahead of more first-tier bank results, as well as the continued repositioning of portfolios for the year’s last quarter. 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. The day’s low volume suggests that institutional investors and others are still cautiously looking at the changing trade environment. It is noteworthy that oil prices rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

INVESTDATA Q4 MASTER CLASS OPEN FOR REGISTRATION

Theme Road To Wealth: Avoiding Financial Lockdown In Q4 & Beyond

Sub-Topics

The Power of Earnings: Best Trading Strategies To Grow Your Portfolio, By (AlhajiGarbaKurfi, MD/CEO, APT Securities & Funds Ltd)
The Road Ahead For The Economy & Impact of PIB On Equity Market, By Mr. AbiolaRasaq, CSCS).
Classical Chart Patterns For High Powered Profits In Any Market Cycle, By Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd
Are you interested in building wealth and improving your trading results through tested and effective investing strategies for the rest of the year and beyond? Smart domestic investors, like Aliko Dangote, Jim Ovia, Tony Elumelu, TY Danjuma, and Abdul SamadRabiu, among others, recognise the power of creating wealth through stock trading and investing.

This Q4 masterclass is for you because it will help you follow exact steps in real-time and target one of the most active time frames in the market. It doesn’t matter how the government is creating new money and credits, or what tricks they are employing, or how they spin them ….

Nigeria has entered one of the greatest inflationary periods despite the seeming slowdown in the last four months. Inflation is not a threat. It is government policy from this point forward that will push millions of Nigerians down …. Out of the middle class…out of private retirement, healthcare, and decent lives, based on independence and privacy… into a collective nightmare we call financial lockdown.

This is what happens when people are trapped by their own collapsing currency, such that they become deeply indebted. Inflation causes huge distortions in the economy and in the markets, so its critical that you take the necessary steps to ensure you are not left behind.

https://investdata.com.ng/caution-as-investors-worry-over-low-volume-fx-hiccup-await-mpc-meeting-outcome/

Expect Mixed Trend As NGXASI Resists Decline, Investors Bet On TB Auction Rates, MPC Outcome


Market Update September 15

Nigeria’s equities market, at the midweek, continued its slow rebound on increased buying interests in high and medium cap stocks as the positive news of declining inflation rate for a straight five months emerged early in the day. According to data from the National Bureau of Statistics, the rate of increase in the prices of goods and services in August further dropped slightly, as shown by the Consumer Price Index at 17.01%, against the July figure of 17.38%.

Although prices of commodities in the market continue to rise, these positive macroeconomic data emanating from NBS and the Central Bank of Nigeria (CBN) are indicators that the economic recovery is still intact, notwithstanding the fact that it has not started to reflect in the lives of Nigerians. Evidence of this is the fact that the cost of doing business and food items keeps galloping on daily basis, especially with the ongoing devaluation of Naira that has seen the Naira at almost N600/$1 in the black market. This imported inflation and insecurity have induced low farm outputs as prices of food items like Yam, beans, palm oil, and other staples remain exorbitant despite the onset of the harvest season.

Meanwhile, market players are turning the ongoing volatility into an opportunity to invest in value and growth stocks that have sustained two consecutive sessions of positive outing on a low traded volume and negative breadth. Also, the market is waiting to see the reaction of investors to the Treasury Bills’ auction rates, after inflation for the month of August grew by a slower 17.01%, ahead of the two-day regular meeting of the CBN Monetary Policy Committee (MPC), which comes Thursday and Friday. There is a higher possibility that benchmark Monetary Policy Rate will remain unchanged at the meeting, with the economic recovery still weak, and despite the positive macroeconomic data.

Technically, the NGX index action resisted further decline and instead inched up in the midst of strong buying sentiments with 100% ‘buy’ volume, regardless of the seeming selloffs across the major sector indexes. Midweek’s trading opened slightly on the upside before oscillating mildly between the midday and afternoon on selloffs and buy interests across board. This pushed the composite index to an intraday high of 38,968.34 basis points where it closed, from its lows of 38,858.01bps.

Market technicals were positive but the week as volume traded was lower than that of the previous day in the midst of breadth favoring the bears and buying pressure as revealed by Investdata’s Sentiment Report showing 100% ‘buy’ volume. The total transaction volume index stood at 0.62points, just as momentum behind the day’s performance was relatively weak, with Money Flow Index looking down at 23.79points, from the previous day’s 24.79points, an indication that funds left the market, despite the upmarket.

To navigate the rest of the quarter and year profitably, order Investdata’s video on Technical Analysis Made Easy for Profitable Trading 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 Market Caps

At the end of Wednesday’s trading, the composite index NGXASI gained 47.84 basis points, closing at 38,968.34bps, from its opening level of 38,920.50bps, representing a 0.12% up, just as market capitalization rose by N25bn, closing at N20.30tr, from the opening value of N20.28tr, also represented 0.12% 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 25 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 oscillating mood 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.

Midweek, the upturn was driven by the accumulation of position in stocks like MTNN, GTCO, FBNH, Honeywell, NNFM, UPDC, United Capital, May&Baker, and Learn Africa, among others, which impacted Year-To-Date loss mildly, as it reduced to 3.23%. The YTD loss in market capitalization YTD stood at N765.17bn, representing a 3.59% decline from the year’s opening value.

Mixed Sector Indices

Performance indexes across the sectors were mixed, with the NGX Industrial and Consumer Goods closing flat on Wednesday, while the NGX Oil/Gas Index led the decliners after shedding 2%, followed by Insurance and Banking with 1.15% and 0.39% respectively.

Market breadth was negative, as losers outpaced gainers in the ratio of 18:14, while transactions in volume and value terms were mixed after stockbrokers traded 141.41m shares worth N2.97bn, compared to the previous day’s 228.48m units valued at N1.88bn. Volume was driven by trades in Universal Insurance, Zenith Bank, UCAP, Transcorp, and Access Bank.

UPDC and NNFM were the best-performing after gaining 9.64% and 9.59% and closing at N1.82 and N8.00 per share respectively on Low price attraction and market forces. On the flip side, Transcorp Hotel and Consolidated Hallmark Insurance lost 10% and 9.43% respectively, closing at N4.50 and N0.48 per share, purely on profit-taking.

Market Outlook

We expect a mixed trend as players analyze the outcome of the TB auction rates and August Inflation in the midst of foreign currency illiquidity and other factors ahead of the MPC meeting, just as investors and traders are taking advantage of market pullbacks to reposition, while many stocks remain undervalued and at the same time are trading within their buy ranges, a situation expected to attract funds into the equity space given the high dividend yields capable of serving as a hedge against inflation. Also, institutional investors and others continue to digest the Q2 GDP growth ahead of more first-tier bank results, as well as the continued repositioning of portfolios for the year’s last quarter. 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. The day’s low volume suggests that institutional investors and others are still cautiously looking at the numbers. It is noteworthy that oil prices rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

https://investdata.com.ng/expect-mixed-trend-as-ngxasi-resists-decline-investors-bet-on-tb-auction-rates-mpc-outcome/

Sentiment Report for September 16, 2021

NGXASI buy 5% sell 95% MFI 22.32
Access buy � volume index 1.60 MFI 69.33
Afrprud buy 0% volume index 0.74 MFI 57.19
Aiico buy 0% volume index 0.80 MFI 37.02
Chams buy � MFI 6.11
Corner buy � volume index 1.16 MFI 16.03
Cutix buy � volume index 0.97 MFI 60.44
Eterna buy 13% sell 87% volume index 2.56 MFI 2.28
Fbnh buy 0% MFI 61.38
Fidelity buy 0% volume index 0.75 MFI 38.62
GTCO buy 0% volume index 0.76 MFI 16.50
Honyflour buy 0% MFI 71.78
Lvstk buy 0% MFI 45.45
Mansard buy 17% sell 83% volume index 3.57 MFI 21.60
Sterling buy 0% MFI 23.03
Transcorp buy � MFI 24.50
Uba buy 0% MFI 42.45
Ubn buy 0% volume index 2.72 MFI 5.34
Ucap buy � MFI 74.17
Unity buy � volume index 1.58 MFI 15.11
UPDC buy 0% MFI 54.14
Wapco buy 0% volume index 1.70 MFI 36.61
Zenith buy � volume index 1.04 MFI 39.00

Investdata Daily Sentiment Report

A Predator or A Prey

Ambrose, Here Again,

During the first 14 days of lockdown that was declared in Lagos, Ogun, and Abuja, I saw one of the reasons why the lion is a fierce animal.

This group of lions trailed an elephant from morning and were very persistent with their thick skin fingers and bone-crushing teeth to frustrate the Elephant. At night, they finally succeeded in killing the giant elephant.

Similarly, there are 2 camps in this life: Master/slave, strong/weak, etc. Life is not for the weak who will not want to become strong, but ready to be crushed by the strong. It is either you are the shark of the ocean or fish to be consumed by sharks. It is either you are one of the predators or you are one of the prey.

However, whichever camp you want to depend on your decision today. It is your choice.

Today is another day to make a decision that will ensure that you are in the camp of gainers in this Q4.

Register for the InvestData Q4 MasterClass before it is too late because when it boils down to the market, it is either you are a gainer or loser.

https://workshop.investdataonline.com

Best
Ambrose Omordion

Have you been wondering why you are not optimizing your portfolio?

Do you want to know the best way to define your portfolio objective?

If you have answered yes to the following questions, then join our webinar series as our Team Lead Research, Adebimpe Ogunladu alongside Chief Consultant, Investdata, Ambrose Omordion will be analyzing the differences between Trading and Investing and also how to make more money from your Investment Portfolio.

When: September 23rd, 2021.
Time: 3pm WAT.

Register in advance for this webinar by clicking the link below �

https:///3nEwjXG

After registering, you will receive a confirmation email containing information about joining the webinar.
We ask that you take advantage of this webinar as there is a lot to benefit from it.

NGXASI buy � MFI 27.32
Access buy 50% sell 50% MFI 73.87
Chams buy 0% MFI 9.72
Chiplc buy 0% MFI 67.33
Fbnh buy � MFI 62.02
Fidelity buy 33% sell 67% MFI 36.07
Honyflour buy 54% sell 46% MFI 74.45
Mansard buy 17% sell 83% volume index 3.57 MFI 21.60
Maybaker buy � volume index 1.92 MFI 22.63
Mben buy � MFI 31.10
Mtnn buy � volume index 4.17 MFI 100.00
Nahco buy � MFI 38.66
Nem buy � volume index 1.43 MFI 53.64
Oando buy � MFI 38.95
Sovrenins buy 0% MFI 45.11
Sterling buy 0% MFI 19.54
Transcorp buy � MFI 20.19
Uba buy � MFI 47.08
Ucap buy 67% sell 33% volume index 2.06 MFI 71.06
Unity buy 0% MFI 8.76
UPDC buy � volume index 1.36 MFI 56.74
Wema buy 0% MFI 3.83
Zenith buy 60% sell 40% volume index 1.17 MFI 48.32

Investdata Daily Sentiment Report

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 18/09/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/87615144572?pwd=V2YycDhnT3k5QWxDcENsYjR4Q05Ydz09

Or

Meeting ID: 876 1514 4572
Passcode: 574051


Ambrose Omordion

Expect Mixed Trend As Investors Digest Tier-1 Banks’ Results, Others


Market Update for the Week Ended Sept 10 and Outlook for September 13-17

The week under review was bearish on negative sentiments and selloffs across all classes of stocks, especially the high cap companies dragging the composite NGX All-Share index down. The selloffs were heightened when half-year audited results that came from the remaining first-tier banks came mixed in performance, as numbers from Guaranty Trust Holding Company and Stanbic IBTC were below market expectations and analysts projection, just as that of FBN Holdings, despite the interim dividends they declared. Score-cards from Access Bank, UBA, and Fidelity Bank were, however, impressive with growth in dividend payout, while Zenith Bank’s report was flat, but the directors maintained the interim dividend of 30 kobo.

The pullbacks in the first full trading week of September is expected, as it creates ‘buy’ opportunities in a volatile and correcting market ahead of the August Inflation report, end of the quarter window dressing, Q3 earnings reporting season, and the Monetary Policy Committee (MPC) meeting later in the week. Meanwhile, the market’s Price to Earnings Ratio remains below 12x, revealing the undervalue state of many equities on the exchange, added to the high earnings and dividend yields to guide position-taking ahead of 2021 full-year numbers as the final quarter draws closer.

The month of September in recent years has been kind to investors, given what has come to be known as the September Effect. The market has been mixed, but positive in recent years as revealed by Investdata’s 10-year historical data. This has added a level of confidence despite the pullbacks and uncertainty in the economy.

This also is likely to influence September depending on news, events, government policy, and market conditions in the month. In the new week, we expect mixed trends as investors continue to digest the results of the remaining first-tier banks that were released during the week.

In recent years’ historical data shows that September is a position-taking period that will last throughout the ember months to year-end, due to seasonality associated with the year-end. This is time to target stocks in sectors that drove the GDP growth as revealed by the report of the National Bureau of Statistics (NBS), while not leaving out value and growth stocks with high upside potentials. Also noteworthy is the fact that oil prices rebounded in the international market to trade above $70 and support the nation’s external reserves and foreign exchange market at a time the Naira continues to devalue in the black market.

To navigate the rest of the quarter and year profitably, order for Investdata’s video on Technical Analysis Made Easy for Profitable Trading 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

Movement Of NGXASI

It was a bearish week with five sessions of down markets, as the NGX index action opened the period on a negative note, extending the previous week’s negative outing on a very high traded volume and negative breadth, closing below the 39,000 psychological line.

The week’s trading started on a negative note that was sustained through the period before giving up 0.71% on Friday, resulting in a deeper cumulative 0.86% loss for the week, compared to the previous week’s negative position of 0.57%.

Consequently, the benchmark index lost 339.28basis points, closing at 38,921.78bps from its opening level of 39,261.01bps, after touching an intra-week low of 38,887.11bps from its highs of 39,290.84bps on selling sentiments in high, medium, and low cap stocks. Also, market capitalization fell by N177.04bn, closing at N20.28tr, compared to the previous week’s N20.46tr, which also represented a 0.86% depreciation in value.

During the week under review, medium and low-priced stocks dominated the advancers’ table for the week, as players positioned in Oando, FTNCocoa, United Capital, Vitafoam, Julius Berger, International Breweries, Regency Insurance, Mutual Benefits, ABC Transport, and Honeywell among others. This was due to the continued repositioning of portfolios as the market correct and changed the trading environment after price actions revealed the presence of sellers in the market, a situation that reflected on the sectorial indexes

Market breadth for the period was negative on high traded volume, with the market recording the highest decline on Friday to signal the wait-and-see attitude among traders, with the losers’ outnumbering gainers in the ratio of 34:25. The selling pressure was also revealed by the investors’ sentiment report showing just 9% of buy volume and 91% of sell position. Money Flow Index dropped slightly to 63.36bps from the previous week’s 71.87 points, an indication that funds left the market.

NSEASI WEEKLY CHART MOVEMENT

The NGX index’s action, revealed a change in trend within a consolidating rectangle as it pulls back after forming a double top chart pattern on a weekly time frame, with the candlestick formation indicating weakness and selloffs among traders. However, we need to watch out for a reversal in the new week as traders review and digest the financials of interim dividend-paying stocks and the expected economic data that should further support market fundamentals to attract liquidity.

Mixed Sectoral Indices

Performance indexes across the sectors were mixed during the week, except for the NGX Industrial Goods that closed flat, while the NGX Oil/Gas and Consumer Goods closed 2.28% and 0.18% higher respectively, while the NGX Insurance and Banking indexes closed 3.39% and 0.96% lower respectively. Activities in volume and value terms were up, with investors exchanging 1.43bn shares worth N13.07bn, compared to the previous week’s 1.34bn units valued at N8.65bn. The week’s volume was driven by Financial Services, Conglomerates, and Consumer Goods, particularly Access Bank, FBNH, UBA, Zenith Bank, and GTCO.

Oando and FTNCocoa were the best-performing stocks for the week, after gaining 14% and 11.11% respectively, and closing at N4.64 and N0.50 per share respectively on market sentiments and forces. On the flip side, Cornerstone Insurance and UPDC lost 15.79% and 10.86% respectively, at N0.48 and N1.61 per share, on profit-taking and selloffs.

Outlook for the week

We expect a mixed trend as investors and traders digest the results of first-tier banks and happenings in the money market as TB rates inch up, just as many stocks enter their buy range to attract funds into the equity space. Also, institutional and other investors look forward to the August inflation report and the MPC meeting slated for September 16 and 17, 2021, as well as the continued repositioning of portfolios for the last quarter. 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. The week’s high volume suggests that institutional investors and others are still in the market looking at the numbers. It is noteworthy that oil prices rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

INVESTDATA Q4 MASTER CLASS OPEN FOR REGISTRATION

Theme Road To Wealth: Avoiding Financial Lockdown In Q4 & Beyond

Sub-Topics

The Power of Earnings: Best Trading Strategies To Grow Your Portfolio, By (AlhajiGarbaKurfi, MD/CEO, APT Securities & Funds Ltd)
The Road Ahead For The Economy & Impact of PIB On Equity Market, By Mr. AbiolaRasaq, CSCS).
Classical Chart Patterns For High Powered Profits In Any Market Cycle, By Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd
Are you interested in building wealth and improving your trading results through tested and effective investing strategies for the rest of the year and beyond? Smart domestic investors, like Aliko Dangote, Jim Ovia, Tony Elumelu, TY Danjuma, and AbdulSamad Rabiu, among others, recognise the power of creating wealth through stock trading and investing.

This Q4 masterclass is for you because it will help you follow exact steps in real-time and target one of the most active time frames in the market. It doesn’t matter how the government is creating new money and credits, or what tricks they are employing, or how they spin them ….

Nigeria has entered one of the greatest inflationary periods despite the seeming slowdown in the last four months. Inflation is not a threat. It is government policy from this point forward that will push millions of Nigerians down …. Out of the middle class…out of private retirement, healthcare, and decent lives, based on independence and privacy… into a collective nightmare we call financial lockdown.

This is what happens when people are trapped by their own collapsing currency, such that they become deeply indebted. Inflation causes huge distortions in the economy and in the markets, so its critical that you take the necessary steps to ensure you are not left behind.

We have put together this Q4 masterclass to help market players avoid those needless losses and build a profitable portfolio that has high ROI…… Especially in a volatile market, when you don’t know which way up….

Participants will learn the following

How to trade earnings to boost their portfolio bottom line
The relationship between equity price movement and power of earnings
The road ahead, which sector and industry have the potential to drive profit that will support equity prices
How to simplify price action analysis on any time frame
How to filter out market noise and identify the most opportune time to join any market
Tradeable chart patterns and candlestick formations that signal real money-making opportunities
Trend trading secrets for profitable trades and minimal risk
Five hot stocks that beat inflation and deliver over 25% in 90-day investment windows.
Date: October 2. 2021

Time: 9 am Prompt

Fee: N50,000 per participant

Venue: ZOOM

However, with less than 27 days to Q4 Master class October 2, 2021, you need to make money and avoid financial lockdown, boost your trading bottom line. Don’t miss this opportunity.

During this practical session our top industry experts will reveal profitable trade ideas and opportunities in Q4 to consolidate your gains and ride on year-end seasonality to maximize returns. That is what you can implement immediately to start tracking the result by yourself and the investdata Research team on your behalf. You definitely want to be among the smart traders and investors in Q4. So, send “YES” or “STOCKS” to 08028164085 and 08179547605.

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.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08179547605

Sentiment Report for the Week Ended September 10, 2021

NGXASI buy 9% sell 91% volume index 1.12 MFI 64.46
Access buy 0% volume 3.34 MFI 82.06
Afrprud buy 88% sell 12% MFI 41.70
Aiico buy 63% sell 37% MFI 28.84
Airltel buy 0% volume index 7.86 MFI 44.65
Cadbury buy 0% MFI 64.69
Cap buy � MFI 22.18
Caverton buy 0% volume index 1.25 MFI 39.51
Chams buy � MFI 45.36
Chiplc buy 75% sell 25% volume index 0.84 MFI 35.90
Corner buy 0% volume index 1.87 MFI 26.72
Courtville buy 0% volume index 0.87 MFI 78.62
Custodian buy � MFI 77.40
Cutix buy � volume index 1.19 MFI 80.76
Dangsugar buy � MFI 67.83
Eti buy 0% volume index 0.80 MFI 67.08
Fbnh buy 75% sell 25% volume index 3.26 MFI 74.95
Fidelity buy 0% MFI 61.16
Fmn buy � MFI 41.62
Ftn buy 75% sell 25% MFI 70.27
GTCO buy 6% sell 94% MFI 14.13
Honyflour buy 30% sell 70% volume index 1.26 MFI 96.54
Jaiz buy 0% volume index 0.81 MFI 26.10
Jagold buy 67% sell 33% MFI 28.10
Jberger buy � MFI 100.00
Lasaco buy 0% MFI 53.22
Learn buy 0% MFI 80.57
Linkass buy 0% volume index 2.56 MFI 56.10
Lvstk buy 54% sell 46% volume index 1.89 MFI 54.31
Mansard buy 17% sell 83% MFI 41.49
Maybaker buy 0% volume index 1.65 MFI 54.56
Mben buy 60% sell 40% volume index 1.38 MFI 20.03
Nahco buy � volume index 0.90 MFI 82.85
Neimeth buy 0% MFI 58.06
Nem buy 0% volume index 0.80 MFI 46.59
Npf buy 0% MFI 36.90
Oando buy 93% sell 7% volume index 1.12 MFI 77.07
Prestige buy � MFI 36.54
Regalins buy 60% sell 40% MFI 54.70
Royalex buy 0% MFI 32.12
Sovrenins buy � volume index 0.98 MFI 38.23
Stanbic buy 0% volume index 1.33 MFI 54.66
Sterling buy 12% sell 88% volume index 0.73 MFI 26.72
Transcorp buy 0% MFI 45.72
Uacn buy 32% sell 68% MFI 47.52
Uba buy 29% sell 71% volume index 1.00 MFI 59.30
Ucap buy 73% sell 27% volume index 1.15 MFI 70.70
Unity buy � MFI 44.05
UPDC buy 27% sell 73% volume index 1.52 MFI 65.49
Upl buy 0% volume index 0.87 MFI 31.33
Veritas buy 67% sell 33% volume index 1.45 MFI 46.30
Vitafoam buy � MFI 79.65
Wapco buy 0% volume index 0.89 MFI 75.77
Wapic buy 50% sell 50% volume index 0.93 MFI 34.70
Wema 0% volume index 1.78 MFI 53.19
Zenith buy 65% sell 35% MFI 61.66

Investdata Weekly Sentiment Report

WORDS TO TRADE BY

"All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock."

― Charlie Munger

Good investing is all about figuring out an investment's true worth when everyone else around you doesn't seem to recognize it. Buying a stock for less than what the company is worth puts you ahead of the game once its value starts to climb. But, of course, you must believe in it to make such an investment.
That's where your trading plan and research come in handy. Take the time to learn about the market you're investing in. Become as knowledgeable about it as possible. That way, you'll better understand the difference between a good trade and an excellent trade!