₦airaland Forum

WORDS TO TRADE BY

“Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

― Carlos Slim Helu

Don't freak out over the inevitable setbacks that all investors face, especially during a crisis in the market. The market goes up, then down, then up again. Though it can be erratic at times, that's the gist of it.

Seeing a significant sell-off or pullback shouldn't spook a trader who has a solid trading plan. Stay focused on the big picture. Be more cautious and methodical, but ride out the waves. If you give in and drop out, you've admitted defeat.

If your investments' reasoning is sound, stay the course, and everything will eventually work out. Just be patient.

NGX Sideways Trend May Persist As Investors Await Trigger For Next Move


Market Update for August 25

Equities’ trading activities on the Nigerian Exchange at the midweek was mixed but relatively quiet, as the NGX All-Share index continued its up and down movement in a ranging mode that signaled consolidation ahead of month-end in the midst of earnings expectation of the big banks and macroeconomic data that would reveal how the economy had fared so far, and also give insight into the future.

Despite the seemingly directionless nature of the market, medium and low priced stocks like UPDC, Capital Hotel, Vitafoam, Honeywell, United Capital, and others are breaking out resistance levels and making new 52-week high on improved volume and positive market sentiment, regardless of the low traded volume that shows the absence of institutional investors at the market arena at this point.

Technically, when the NGX benchmark index or price action of a stock drops on a less than average traded volume as seen in recent trading sessions it suggests that large investors are not selling aggressively, especially as portfolio repositioning and sector rotation are ongoing after the half-year earnings reporting season. The current sideways trend means that the market is waiting for a trigger in the form of news or policy statements capable of moving up or down from this level. This suggests that investors should not panic but allow their investment objectives or goals to guide their decision while staying on.

Midweek’s trading opened slightly on the upside before oscillating on profit booking and position-taking across the sectors and high caps which pushed the key performance index to an intraday low of 39,438.30 basis points, from its highs of 39,481.65bps. Thereafter, it closed marginally below the opening point at 39,450.00bps.

Market technicals were weak and mixed with a higher volume traded than that of the previous day in the midst of breadth favouring the bears on a mixed sentiment as revealed by Investdata’s Sentiment Report showing 27% ‘buy’ volume and 73% sell position. Total transaction volume index stood at 0.85 points, just as the momentum behind the day’s performance was relatively strong, with Money Flow Index reading 63.22points, from the previous day’s 57.78 points, an indication that funds entered the market despite the down 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 end of midweek’s trading, the composite NGXASI lost 10.68bps, closing at 39,450.00bps, from its opening level of 39,460.68bps, representing a 0.03% drop, just as market capitalization fell slightly by N5.6bn at N20.55tr, from the opening value of N20.56tr, also representing a 0.03% 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 24 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.

Wednesday’s downturn was due to selloffs and profit-taking in GTCO, FBNH, Zenith Bank, Oando, Dangote Sugar, ETI, Nahco, Unity Bank, Mutual Benefits, and Academy Press, among others. These impacted mildly on Year-To-Date loss, increasing it to 2.04%, just as the loss in market capitalization YTD stood at N502.77bn, representing a 2.40% decline from the year’s opening value.

Bearish Sector Indices

Performance indexes across the sectors were down, except for the NGX Industrial Goods that closed flat, while the NGX Insurance Index led the decliners, after shedding 0.53%, followed by Consumer Goods, Banking, and Energy with 0.13%, 0.12%, and 0.10% respectively.

Market breadth remained negative as losers outnumbered gainers in the ratio of 19:17, while transactions in volume and value terms were mixed as investors exchanged 198.33m shares worth N1.06bn, compared to the previous day’s 196.81m units valued at N1.45bn. The day’s volume was driven by trades in Sovereign Trust Insurance, Mutual Benefits Assurance, Jaiz Bank, Regency Insurance, and Trancorp.

Capital Hotel and Eterna were the best-performing, gaining 10% each, closing at N3.19 and N6.82 per share respectively on market sentiments and forces. On the flip side, Academy Press and Pharma-Deko lost 9.76% and 9.52% respectively, closing at N0.36 and N1.71 per share, on profit-taking.

Market Outlook

We expect the ranging trend to continue as the market awaits news and policy statement ahead of month-end window dressing, first-tier banks results and Q2 GDP data release, as well as the continued repositioning of portfolios ahead of the year last quarter. Also, investors are still observing the interplay of forces in the FX market as the CBN plans to launch a 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 price rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

We note also that some stocks are trading within their ‘buy’ ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery while enhancing the market and giving direction.

The banking sector and others remain attractive amidst the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting next month.

https://investdata.com.ng/ngx-sideways-trend-may-persist-as-investors-await-trigger-for-next-move/

10 Strong Stocks With Positive Momentum & Chart Patterns To Watch As Q3 Enter The Last Month

OANDO
HONEYWELL
PHARMADEKO
UCAP
VITAFOAM
UPDC
ACCESS BANK
CHAMS
FIDSON HEALTHCARE
PRESCO

View the chart on our website link below;
https://investdata.com.ng/10-strong-stocks-with-positive-momentum-chart-patterns-to-watch-as-q3-enter-the-last-month/

Caution, Sector Rotation, As Investors Window-Dress, Eye Interim Dividend Banks


Market Update for August 24

The seesaw movement continued on the Nigerian Exchange on Tuesday as the benchmark index edged up due to ‘buy’ interests in banking and manufacturing stocks that rebounded on expected earnings from interim dividend-paying banks’ just as oil recoup most of its losses in recent times, considering the approval of vaccines in developed economies.

Tuesday’s buying sentiment halted two previous sessions of bear transition on a low traded volume and a slightly negative breadth in the midst of the somewhat indicators movement. The less-than-average traded volume revealed the absence of large players in the market.

As the month gradually draws to an end and with all eyes on the results of first-tier banks and half-year GDP report from the National Bureau of Statistics (NBS), with the expected impact of the IMF’s $3.35bn SDR allocation to Nigeria which the CBN recently received to boost the nation’s external reserves and increase liquidity in the FX market to enhance foreign transactions. This, with the rebound of oil prices in the international market, can attract more players into the market and economy, but there is a need for the government to properly address the issue of insecurity across the land to support the ongoing economic recovery, which is still weak and fragile.

Meanwhile, the session’s started marginally on the upside before oscillating on position-taking and profit-booking among the medium and low cap stocks which pushed the NGX index to an intraday high of 39,466.71 basis points, from its lows of 39,429.68bps. Thereafter it closed slightly above the opening figures at 39,460.68bps.

Market technicals were weak and mixed as the volume traded was lower than that of the previous day in the midst of negative breadth and buying pressure as revealed by Investdata’s Sentiment Report showing 86% ‘buy’ volume and 14% sell position. Total transaction volume index stood at 0.86 points, just as the momentum behind the day’s performance was relatively strong, with Money Flow Index reading 57.78 points, from the previous day’s 57.87 points, 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 How to effectively combine Fundamentals and Technical Analysis 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 leading performance index NGXASI, at the close of Tuesday’s trading, inched up by 25.99bps, closing at 39,460.68bps, from its opening level of 39,434.69bps, representing a 0.08% up, just as market capitalization rose by N13.54bn at N20.56tr, from the opening value of N20.55tr, also representing a 0.08% 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 24 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 session’s upturn was driven by demand in stocks like Zenith Bank, GTCO, Lafarge Africa, Dangote Sugar, Honeywell Flourmill, United Capital, and Livestock, among others. These impacted mildly on Year-To-Date loss, reducing it to 2.01%, just as the loss in market capitalization YTD stood at N497.17bn, representing a 2.36% decline from the year’s opening value.

Mixed Sector Indices

Performance indexes across the sectors were mixed, as the NGX Insurance and Oil/Gas dropped by 0.43% and 0.19% respectively, while the NGX Industrial Goods Index led the advancers, after gaining 0.13%, followed by Banking and Consumer goods with 0.12% and 0.08% respectively.

Market breadth was slightly negative as losers outnumbered gainers in the ratio of 18:17, while activities in volume and value terms were down as stockbrokers traded 196.81m shares worth N1.45bn, compared to the previous day’s 211.33m units valued at N2.02bn. The day’s volume was driven by trades in Courtville Business Solution, Sovereign Trust Insurance, Wema Bank, UBA, and FBN Holding.

Morison Industry and Regency Insurance were the best-performing, gaining 10% and 9.52% respectively and closing at N01.54 and N0.46 per share respectively on market sentiments and forces. On the flip side, FTN Cocoa and Courtville lost 9.09% and 8.82% respectively, closing at N0.40 and N0.31 per share, on profit-taking.

Market Outlook

We expect the mixed trend to continue as month-end draws even closer ahead of first-tier banks results and Q2 GDP data release, as well as the continued repositioning of portfolios ahead of the year last quarter. Also, investors are still observing the interplay of market forces in the FX market as the CBN plans to launch a 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.

We note also that some stocks are trading within their ‘buy’ ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery that will enhance the market and give direction.

The banking sector and others remain attractive on the back of the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is especially given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting next month.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, 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/caution-sector-rotation-as-investors-window-dress-eye-interim-dividend-banks/

Mindset Wisdom: Get Moving!

Get rid of that nervous energy so you can focus! There’s a direct relationship between vigorous exercise and stress management. How many times have you found yourself sitting… staring at your screen… instantly realizing that you’ve been sitting there for hours? Riding out that position? Fretting over an exit or even a loss?

Get up! Move around! Go for a walk. Motion creates focus. Focus creates positive energy and clarity!

Better yet, add an exercise element to your trading routine! Your health and your account will thank you!

Did You Miss it

Ambrose Here Again,

So on Saturday, I launched the Technical which is among one of my favorite training I’ve ever put together.

Also, I did 50% off of the actual price and I am very excited because several investors seized the opportunity to participate in expanding their knowledge and saving more.

If you got the early bird … I sincerely hope you got a ton out of it.

If you are yet to get your Technical analysis made easy for Profitable Trading… No worries, I have you covered.

Because...

I have made it available at the launch price and this is absolutely another opportunity to prepare and have background knowledge of how to use Technical Analysis.

Click on the link below

http://workshop.investdataonline.com/easyta/

Or call NOW ,+2348028164085, +2348179547605

To get started before it expires at 11:59 pm Friday 27th August 2021.

Ambrose Omordion.

Quote of the day

“Don’t take too much advice. Most people who have a lot of advice to give — with a few exceptions — generalize whatever they did. Don’t over-analyze everything. I myself have been guilty of over-thinking problems. Just build things and find out if they work.”
— Ben Silbermann, founder of Pinterest

"People who succeed have momentum. The more they succeed, the more they want to succeed and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy."
-Tony Robbins

Quote of the day

“Always deliver more than expected.”

— Larry Page, co-founder of Google

Fair Value & Price Tags Of Selected Healthcare Stocks On NGX

Questions and Answers with Ambrose Omordion as of 21st August, 2021

Hello Investors and Traders,
I just posted Questions and Answers with Ambrose Omordion as at 21/08/2021.

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:///dU_EtkWi

Ambrose Omordion

Sentiment Report for the week Ended August 20, 2021



NGXASI buy 54% sell 46% MFI 66.53

Access buy 0% MFI 52.24

Afrprud buy 50% sell 50% MFI 30.97

Aiico buy � MFI 18.84

Cadbury buy 0% MFI 56.85

Caverton buy 80% sell 20% volume index 0.83 MFI 41.75

Chams buy � volume index 1.14 MFI 38.67

Chiplc buy 36% sell 64% volume index 2.42 MFI 36.44

Corner buy 67% sell 33% MFI 45.13

Courtville buy � volume index 1.79 MFI 85.70

Custodian buy � MFI 76.15

Dangcem buy � MFI 81.63

Dangsugar buy 0% MFI 51.93

Eterna buy � MFI 64.82

Eti buy 0% volume index 2.29 MFI 71.51

Fbnh buy � MFI 63.88

Fcmb buy 71% sell 29% MFI 63.58

Fidelity buy 75% sell 25% MFI 51.49

Fmn buy � volume index 0.85 MFI 35.14

Ftn buy 13% sell 87% volume index 1.43 MFI 46.18

Glaxo buy � MFI 35.25

GTCO buy 29% sell 71% MFI 16.62

Honyflour buy 74% sell 26% volume index 2.82 MFI 93.71

Jaiz buy 0% volume index 1.18 MFI 24.27

Jagold buy � MFI 46.14

Lasaco buy � MFI 40.02

Learn buy 0% MFI 75.52

Linkass buy 40% sell 60% MFI 45.38

Lvstk buy 0% volume index 1.37 MFI 44.63

Mansard buy 0% MFI 48.56

Mben buy 0% volume index 0.96 MFI 36.26

Mtnn buy 0% MFI 64.50

M/verse buy 0% MFI 100.00

Nahco buy 80% sell 20% volume index 5.16 MFI 88.77

Neimeth buy � volume index 3.24 MFI 55.45

Nem buy 22% sell 78% MFI 75.88

Nestle buy 7% sell 93% volume index 5.94 MFI 25.70

Oando buy 0% volume index 1.69 MFI 83.86

Pharma buy � volume index 12.47 MFI 84.19

Prestige buy 75% sell 25% volume index 0.95 MFI 44.62

Regalins buy 75% sell 25% MFI 70.20

Royalex buy 0% MFI 32.12

Sovrenins buy 33% sell 67% MFI 41.56

Sterling buy 67% sell 33% MFI 32.75

Uacn buy � MFI 65.33

Uba buy 0% MFI 62.96

Ubn buy � MFI 48.00

Ucap buy 67% sell 33% MFI 55.76

Unilever buy 0% volume index 1.25 MFI 61.98

Unity buy � MFI 67.25

UPDC buy � volume index 1.02 MFI 52.43

Upl buy 0% MFI 48.59

Veritas buy � volume index 0.74 MFI 76.99

Vitafoam buy � MFI 79.01

Wapco buy 70% sell 30% MFI 70.12

Wapic buy 40% sell 60% volume index 1.24 MFI 41.29

Wema buy � MFI 59.92

Zenith buy 67% sell 33% MFI 53.98



Investdata Weekly Sentiment Report

BUY AND SELL SIGNAL

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 waits for no one.

Ovara Konstant Business Ltd is a licensed pest control company, serving the Milling and Allied Companies for over 20 years. We offer extensive quality fogging and fumigation services for pest control and disinfectant for individuals, private establishments, public organizations, and government parastatals, etc., to promote a hazardous-free environment for you.

Pest control and Disinfectant management are what we do! We live and work here, just as you do. Because of the need to promote a healthy clean environment and a safe home, our number one priority is keeping your organization happy by protecting its staff and property from pests looking to invade the office and warehouse.

Contact us;
LAGOS ADDRESS: 33 Adele Road, Apapa, Lagos.
TEL: Contact us
+2348057933767, 07036525597, 07038524258
E-MAIL: ovarakonstantconsumables@yahoo.com
WEBSITE: http://www.ovarakonstant.com/

Ovara Konstant Business Ltd is a licensed pest control company, serving the Milling and Allied Companies for over 20 years. We offer extensive quality fogging and fumigation services for pest control and disinfectant for individuals, private establishments, public organizations, and government parastatals, etc., to promote a hazardous-free environment for you.

Pest control and Disinfectant management are what we do! We live and work here, just as you do. Because of the need to promote a healthy clean environment and a safe home, our number one priority is keeping your organization happy by protecting its staff and property from pests looking to invade the office and warehouse.

Contact us;
LAGOS ADDRESS: 33 Adele Road, Apapa, Lagos.
TEL: Contact us
+2348057933767, 07036525597, 07038524258
E-MAIL: ovarakonstantconsumables@yahoo.com
WEBSITE: http://www.ovarakonstant.com/

Ovara Konstant Business Ltd is a licensed pest control company, serving the Milling and Allied Companies for over 20 years. We offer extensive quality fogging and fumigation services for pest control and disinfectant for individuals, private establishments, public organizations, and government parastatals, etc., to promote a hazardous-free environment for you.

Pest control and Disinfectant management are what we do! We live and work here, just as you do. Because of the need to promote a healthy clean environment and a safe home, our number one priority is keeping your organization happy by protecting its staff and property from pests looking to invade the office and warehouse.

Contact us;
LAGOS ADDRESS: 33 Adele Road, Apapa, Lagos.
TEL: Contact us
+2348057933767, 07036525597, 07038524258
E-MAIL: ovarakonstantconsumables@yahoo.com
WEBSITE: http://www.ovarakonstant.com/

Konstant Pvc Ltd
Pipes stronger and better than ever

Contact is today @
Office Address: Konstant Industrial Estate, Benson Egbo Street off Ekredjebor Road Ughelli, Delta State.
Phone: +2348036581734, +234807 7312805, +2347030567225
Website: https://konstantpvc.business.site/

Konstant Pvc Ltd
Pipes stronger and better than ever

Contact is today @
Office Address: Konstant Industrial Estate, Benson Egbo Street off Ekredjebor Road Ughelli, Delta State.
Phone: +2348036581734, +234807 7312805, +2347030567225
Website: https://konstantpvc.business.site/

Konstant Pvc Ltd
Pipes stronger and better than ever

Contact is today @
Office Address: Konstant Industrial Estate, Benson Egbo Street off Ekredjebor Road Ughelli, Delta State.
Phone: +2348036581734, +234807 7312805, +2347030567225
Website: https://konstantpvc.business.site/

At Cheekers Inn, we love having you here.

Contact us:
Address: 45B, Marine Road Apapa, 2nd Badagry GRA, Lagos.
Phone: +2348141130809, +2348087216257, +2348153043876
Email: cheekersinnltd@gmail.com
Website: https://cheekersinn.business.site

At Cheekers Inn, we love having you here.

Contact us:
Address: 45B, Marine Road Apapa, 2nd Badagry GRA, Lagos.
Phone: +2348141130809, +2348087216257, +2348153043876
Email: cheekersinnltd@gmail.com
Website: https://cheekersinn.business.site

At Cheekers Inn, we love having you here.

Contact us:
Address: 45B, Marine Road Apapa, 2nd Badagry GRA, Lagos.
Phone: +2348141130809, +2348087216257, +2348153043876
Email: cheekersinnltd@gmail.com
Website: https://cheekersinn.business.site

Don't miss this one Again.

Ambrose here again,

A few months ago I launched a training Video titled beyond Technical and Fundamental Analysis and I am very excited that a lot of serious investors took advantage of the Video however, I got some feedback from several investors.

They requested a comprehensive Technical analysis video. Well, it was not an easy task to produce such material and make it available to the public because it involves a lot of work in terms of organizing it, in such a way that anyone irrespective of the professional background, will grasp the essence and be able to apply it into your daily trading and analysis.

Now, the question is who really needs to know technical analysis? Well, there is no point laying too much emphasis because as long as

1. You have money in the stock market.
2. You have given your money to a firm to help you manage it.
3. Investor or trader.

It is a must for you to have this Technical Analysis Video series that I will be releasing on Friday 20th August 2021.

Hence, keep on checking your post so that you can be among the early bird to benefit from the launch price.

Dedicated to Financial Success,
Ambrose Omordion

Sentiment Report for August 18, 2021

NGXASI buy 61% sell 39% MFI 63.61
Access buy 0% MFI 44.09
Afrprud buy 50% sell 50% volume index 0.91 MFI 37.38
Caverton buy 0% volume index 1.07 MFI 42.01
Chams buy 0% volume index 3.73 MFI 94.66
Chiplc buy 0% MFI 15.17
Courtville buy � volume index 1.00 MFI 66.21
Fidelity buy 75% sell 25% MFI 64.91
GTCO buy 20% sell 80% MFI 15.74
Jagold buy 33% sell 67% volume index 1.30 MFI 26.59
Lvstk buy 0% MFI 44.75
Mben buy 0% volume index 1.13 MFI 23.70
Nahco buy � volume index 1.04 MFI 90.11
Oando buy 0% volume index 0.71 MFI 31.70
Regalins buy � MFI 49.95
Sterling buy � MFI 64.00
Transcorp buy 20% sell 80% volume index 0.84 MFI 80.96
Uba buy � MFI 39.57
UPDC buy � MFI 47.50
Vitafoam buy � volume index 0.74 MFI 84.17
Wapic buy 0% MFI 15.73
Wema buy � MFI 51.18
Zenith buy 0% volume index 0.85 MFI 38.84

Investdata Daily Sentiment Report

WORDS TO TRADE BY

“Invest for the long haul. Don’t get too greedy and don’t get too scared."

― Shelby M.C. Davis

Greed is a historically bad word in our vernacular, but a reasonable level of greed is what drives the market. People invest because they want to make money. They aren't necessarily concerned about other people making money as well. So, in that sense, trading is greedy.
But you have to be careful not to become too greedy. When you cross that threshold, you're putting yourself in dangerous territory. Too much greed influences your decision-making in the wrong way.

With that being said, you also have to make sure you don't allow fear to overwhelm you. Losses happen when trading, but you can offset them by keeping your cool. Trading is all about balance. If you can let your greed and fear keep each other in check, you'll be just fine.

Investors In Caution Mode, Amid Low Volume, Await Inflation, GDP Data, Earnings


Market Update for August 16

Trading activities on the Nigerian Exchange on Monday stayed mixed and volatile as the key performance index NGXASI suffered a marginal setback to start the week on a negative note, thereby halting four consecutive sessions of bull-run due to profit-taking and price adjustment in Flour Mills, Consolidated Hallmark Insurance and Meyer for a dividend of N1.65, two kobo and N1.50 per share respectively, as recommended by their boards.

The mixed sentiment revealed the battle between buyers and sellers during the session, as portfolio repositioning and sectorial rotation continued on the strength of the positive half-year earnings reports of listed companies, ahead of the macroeconomic data and scorecards of interim dividend-paying banks. Against expectations, the July consumer price index was not made available by the Nigerian Bureau of Statistics, even as the Central Bank of Nigeria (CBN) reportedly, again, projected that inflation would drop to 13% before the end of 2021.

Meanwhile, the better-than-expected corporate earnings and improved Purchasing Managers’ Index, in the past quarter, have given an insight into what investors should expect from the Q2 GDP numbers scheduled for release on August 26, according to the timetable of the NBS. Also, President Mohammadu Buhari, on Monday, signed the Petroleum Industry Bill (PIB), which has been so ensnared in controversy into law, a move some expect would boost the nation’s economy, particularly the oil and gas sectors if faithfully implemented, despite the controversies. In all these, the global political concern and management of the Delta variants of COVID 19 will determine the rate of economic recovery if there is no further lockdown in the coming weeks and months.

Technically, the low traded volume in the midst of positive broad market and breadth suggests investors are still studying the earnings released so far and watching their positions, especially after the composite NGX index had formed a double bottom chart pattern that supports an uptrend. A breakout of the black line which is a strong resistance level of 39,840.27bps will confirm a new trend in the market. At the same time, highly capitalised stocks remain a safe haven for players, considering the impressive half-year numbers that emanated from these companies, and ahead of their Q3 earnings reports expected within the last quarter of the year. Incidentally, that is also the most active quarter of the economy and market, due to end-of-the-year festivities and other seasonality.

Meanwhile, Monday’s trading opened slightly on the upside and oscillated between the mid-morning to the afternoon on buying interests and profit booking in high and medium cap stocks which pushed the NGX index to an intraday low of 39,474.46bps, from its highs of 39,524.53bps. Thereafter it closed marginally below the opening level at 39,505.40bps on positive market breadth.

Market technicals were weak and mixed as volume traded was lower than that of the previous sessions in the midst of breadth favouring the bulls on mixed sentiments as revealed by Investdata’s Sentiment Report showing 62% ‘buy’ volume and 38% ‘sell’ position. Total transaction volume index stood at 0.58 points, just as the momentum behind the day’s performance remained relatively strong with Money Flow Index reading 54.98 points, from the previous day’s 60.38 points, an indication that some funds left the market.

To navigate the rest of the quarter and year profitably, order Investdata’s video on How to effectively combine Fundamentals and Technical Analysis 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 Monday’s trading, the benchmark NGX All-Share index dropped 16.94bps to 39,505.40bps, from its opening level of 39,522.34bps, representing a 0.04% drop, just as market capitalization fell by N8.82bn at N20.58tr, from its N20.58tr, also representing a 0.04% 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 24 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 session’s downturn was driven by price depreciation in Zenith Bank, Lafarge Africa, UBA, Chemical & Allied Products, Cadbury, Fidelity Bank, and Ecobank Transnational Incorporated, among others. These impacted mildly on Year-To-Date loss which increased to 1.90%, just as loss in market capitalization YTD rose to N473.87bn, representing a 2.25% decline from its opening value for the year.

MixedSector Indices

Performance indexes across sectors were mixed, as the NGX Banking and Industrial Goods were down by 0.65% and 0.09% respectively, while the NGX Energy Index led the advancers, after gaining 0.16%, followed by Insurance and Consumer goods with 0.04%and 0.02%respectively.

Despite the loss, market breadth turned positive with gainers outnumbering losers in the ratio of 25:15, while activities in volume and value terms dropped with investors only exchanging 141.28m shares worth N1.64bn. The day’s volume was boosted by trades in Etranzact, Fidelity Bank, Transcorp, Consolidated Hallmark Insurance and Access Bank.

MRS Oil and May & Baker were the best-performing, after gaining 9.92% and 9.77% respectively, closing at N13.85 and N4.83 per share respectively on the market forces and impressive Q2 numbers. On the flip side, ABC Transport and Lasaco Assurance lost 8.33% and 6.67% respectively, closing at N0.33 and N1.40 per share, on selloffs and profit-taking.

Market Outlook

We expect the mixed trend to continue on profit booking and repositioning in value and growth stocks on the strength of half-year earnings reports, while investors continue their portfolio reshuffling and studying of the corporate earnings ahead of the July inflation, and Q2 GDP data release, as well as results from interim dividend-paying banks. Also, investors are still observing the interplay of market forces following recent developments in the FX market as the CBN plans to launch a 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 price continues to oscillate in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

We note also that some stocks are trading within their buy ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support the global and domestic economic recovery that will enhance the market and give direction.

The banking sector and others remain attractive on the back of the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is especially given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting nextmonth.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, 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/investors-in-caution-mode-amid-low-volume-await-inflation-gdp-data-earnings/

Good day Investors and Traders,

I am very excited to share with you updates on what is really happening in the Masterclass inner circle.

In less than 5 months one of our trading position has hit a target of 109.32% for participants of the Masterclass Investors.

So, if you are serious about getting the best out of your portfolio in Q4, now is the best time to start planning for the next MasterClass except you want to leave it to chance and miss out again.

Ambrose Omordion

Sign up now:
Tel: 08028164085, 08179547605

WORDS TO TRADE BY

“If you don’t know who you are, this is an expensive place to find out."

― George Goodman

The stock market is a terrible place to learn about yourself. If you don't already know your strengths and weaknesses, don't expect the market to be a good teacher.

That's because the market is an institution that collectively responds to fear, hope, despair, excitement, and greed. The market will leverage your fear and snatch away your profits before you even know what happened. In the same way, it will take advantage of your excitement and send your account into the trashcan in a heartbeat.

Before you get serious about trading, get serious about who you are and how you plan to manage your emotions. Then, and only then, can you move forward toward future success!

THE BUY AND SELL SIGNAL

Hello Investors,

The, buy & sell signal for this week have been posted on the membership site for you. Pls click on the long link for this week 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 login on 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.

Mixed Trend, As Investors Realign Portfolios Ahead Of July CPI, Q2 GDP Data release


Market Update for August 12

It was yet another very volatile and mixed session on the Nigerian Exchange Thursday as the NGX index action oscillated due to repositioning and profit taking activities of market players as the ongoing portfolio reshuffling and sector rotation supported the prevailing market wave ahead of the outstanding half-year results and economic data.

The mixed sentiment observed at the end of Thursday’s trading reflected the mood of sellers and buyers battling for dominance as revealed by the candlestick pattern and investdata sentiment report. Also, we note that the divergence between the index and volume action have been corrected by the day’s very high traded volume while money flow index turned up, an indication that funds entered the market to sustain the positive outing for the third consecutive session.

Technically, the composite NGX index is set to breakout the first resistance level range of 39,494.70bps and 39,875.66bps as trading opens on Friday, and any breakout of these levels will confirm a new strong trend in the market. At the same time, highly capitalised stocks remain a safe haven for players, considering the impressive half-year numbers that emanated from these companies ahead of their Q3 earnings reports expected within the last quarter of the year. Incidentally, that is also the most active quarter of the economy and the market, due to end of the year festivity and other seasonality.

Already, there is the formation of a saucer chart pattern that supports a continuation of the trend, which we need to watch as trading opens for the last session of the week, because profit taking is possible at this point or level. Below is the daily chart:


Meanwhile, Thursday’s trading opened on the green and was sustained till midday before vacillating on buying interests in high and medium cap stocks which pushed the NGX index to an intraday high of 39,582.30bps, from its lows of 39,356.59bps. Thereafter itclosed marginally above the opening level at 39,490.06bps on a negative market breadth.

Market technicals were positive but weak, with volume traded higher than that of the previous sessions in the midst of breadth that favours the bears on mixed sentiments as revealed by Investdata’s Sentiment Report showing 59% ‘buy’ volume and 41% ‘sell’ position. Total transaction volume index stood at 2.31 points, just as the impetus behind the day’s performance remained relatively strong with Money Flow Index reading 60.99 points, from the previous day’s 56.70 points, an indication that fresh funds entered the market.

To navigate the rest of the quarter and year profitably, order Investdata’s video on How to effectively combine Fundamentals and Technical Analysis 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, checkout the video materials below.

Index and Market Caps

The benchmark index NGXASI, at the close of transactions gained 41.60bps, at 39,490.06bps, from an opening level of 39,448.46bps, representing a 0.11% up, just as market capitalization rose by N21.67bn at N20.57tr, from its opening value of N20.57tr, also representing a 0.11% 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 24 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.

Thursday upturn was driven by price appreciations in Dangote Cement, GTCO, Zenith Bank, Unilever, and Flour Mills, among others. These gains impacted mildly on Year-To-Date loss, as it reduced to 1.94%, just as loss in market capitalization YTD also dropped to N481.87bn, representing a 2.29% decline from its opening value for the year.

Bearish Sector Indices

Performance indexes across sectors were bearish, except for the NGX Industrial goods that closed 0.35% higher, while the NGX Insurance Index led the decliners, after shedding 1.80%, followed by Banking, Oil/Gas and Consumer goods with 0.24%, 0.23% and 0.02% respectively.

Market breadth turned significantly negative, with losers outnumbering gainers in the ratio of 24:8, while transactions in volume and value terms were up as stockbrokers traded 570.2m shares worth N2.28bn, compared to the previous day’s 181.42m units valued at N2.09bn. The day’s volume was largely driven by trades in Honeywell Flourmill Plc, Vitafoam, and FCMB.

Honeywell Flourmill and Wema Bank were the best-performing, after the consumer goods maker gained 10% to hit a new 52-week high, while the bank chalked 3.95%, closing at N1.87 and N0.79 per share respectively on the strength of impressive Q1 numbers and market forces. On the flip side, SFS REIT and Tripple Gee lost 9.99% and 9.28% respectively, closing at N61.75 and N0.88 per share, on selloffs and profit-taking.

Market Outlook

We expect the mixed trend to continue on profit booking and repositioning in value and growth stocks on the strength of half-year earnings reports, while investors continue their portfolio reshuffling and studying of the corporate earnings ahead of the July inflation, and Q2 GDP data release, as well as results from interim dividend-paying banks. Also, investors are still observing the interplay of market forces following recent developments in the FX market with the decision to stop the sale of US$ to BDC operators. The day’s mixed volume suggests that smart money is taking advantage of the oscillating trend and relatively low prices to reposition. It is noteworthy that oil price continues to oscillate in the international market; corporate actions, as well as the interim dividend possibilities,are around the corner.

We note also that some stocks are trading within their buy ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery that will enhance the market and give direction.

The banking sector and others remain attractive on the back of the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is especially given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting next month.

https://investdata.com.ng/mixed-trend-as-investors-realign-portfolios-ahead-of-july-cpi-q2-gdp-data-release/

Mixed Trend, As Investors Realign Portfolios Ahead Of July CPI, Q2 GDP Data release


Market Update for August 12

It was yet another very volatile and mixed session on the Nigerian Exchange Thursday as the NGX index action oscillated due to repositioning and profit taking activities of market players as the ongoing portfolio reshuffling and sector rotation supported the prevailing market wave ahead of the outstanding half-year results and economic data.

The mixed sentiment observed at the end of Thursday’s trading reflected the mood of sellers and buyers battling for dominance as revealed by the candlestick pattern and investdata sentiment report. Also, we note that the divergence between the index and volume action have been corrected by the day’s very high traded volume while money flow index turned up, an indication that funds entered the market to sustain the positive outing for the third consecutive session.

Technically, the composite NGX index is set to breakout the first resistance level range of 39,494.70bps and 39,875.66bps as trading opens on Friday, and any breakout of these levels will confirm a new strong trend in the market. At the same time, highly capitalised stocks remain a safe haven for players, considering the impressive half-year numbers that emanated from these companies ahead of their Q3 earnings reports expected within the last quarter of the year. Incidentally, that is also the most active quarter of the economy and the market, due to end of the year festivity and other seasonality.

Already, there is the formation of a saucer chart pattern that supports a continuation of the trend, which we need to watch as trading opens for the last session of the week, because profit taking is possible at this point or level. Below is the daily chart:


Meanwhile, Thursday’s trading opened on the green and was sustained till midday before vacillating on buying interests in high and medium cap stocks which pushed the NGX index to an intraday high of 39,582.30bps, from its lows of 39,356.59bps. Thereafter itclosed marginally above the opening level at 39,490.06bps on a negative market breadth.

Market technicals were positive but weak, with volume traded higher than that of the previous sessions in the midst of breadth that favours the bears on mixed sentiments as revealed by Investdata’s Sentiment Report showing 59% ‘buy’ volume and 41% ‘sell’ position. Total transaction volume index stood at 2.31 points, just as the impetus behind the day’s performance remained relatively strong with Money Flow Index reading 60.99 points, from the previous day’s 56.70 points, an indication that fresh funds entered the market.

To navigate the rest of the quarter and year profitably, order Investdata’s video on How to effectively combine Fundamentals and Technical Analysis 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, checkout the video materials below.

Index and Market Caps

The benchmark index NGXASI, at the close of transactions gained 41.60bps, at 39,490.06bps, from an opening level of 39,448.46bps, representing a 0.11% up, just as market capitalization rose by N21.67bn at N20.57tr, from its opening value of N20.57tr, also representing a 0.11% 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 24 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.

Thursday upturn was driven by price appreciations in Dangote Cement, GTCO, Zenith Bank, Unilever, and Flour Mills, among others. These gains impacted mildly on Year-To-Date loss, as it reduced to 1.94%, just as loss in market capitalization YTD also dropped to N481.87bn, representing a 2.29% decline from its opening value for the year.

Bearish Sector Indices

Performance indexes across sectors were bearish, except for the NGX Industrial goods that closed 0.35% higher, while the NGX Insurance Index led the decliners, after shedding 1.80%, followed by Banking, Oil/Gas and Consumer goods with 0.24%, 0.23% and 0.02% respectively.

Market breadth turned significantly negative, with losers outnumbering gainers in the ratio of 24:8, while transactions in volume and value terms were up as stockbrokers traded 570.2m shares worth N2.28bn, compared to the previous day’s 181.42m units valued at N2.09bn. The day’s volume was largely driven by trades in Honeywell Flourmill Plc, Vitafoam, and FCMB.

Honeywell Flourmill and Wema Bank were the best-performing, after the consumer goods maker gained 10% to hit a new 52-week high, while the bank chalked 3.95%, closing at N1.87 and N0.79 per share respectively on the strength of impressive Q1 numbers and market forces. On the flip side, SFS REIT and Tripple Gee lost 9.99% and 9.28% respectively, closing at N61.75 and N0.88 per share, on selloffs and profit-taking.

Market Outlook

We expect the mixed trend to continue on profit booking and repositioning in value and growth stocks on the strength of half-year earnings reports, while investors continue their portfolio reshuffling and studying of the corporate earnings ahead of the July inflation, and Q2 GDP data release, as well as results from interim dividend-paying banks. Also, investors are still observing the interplay of market forces following recent developments in the FX market with the decision to stop the sale of US$ to BDC operators. The day’s mixed volume suggests that smart money is taking advantage of the oscillating trend and relatively low prices to reposition. It is noteworthy that oil price continues to oscillate in the international market; corporate actions, as well as the interim dividend possibilities,are around the corner.

We note also that some stocks are trading within their buy ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery that will enhance the market and give direction.

The banking sector and others remain attractive on the back of the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is especially given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting next month.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, 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/mixed-trend-as-investors-realign-portfolios-ahead-of-july-cpi-q2-gdp-data-release/