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Ayox2003's Posts

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BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 10:40am On Jun 11, 2012
toluxa1: Na now you just dey post this one huh
Lol. I'm not trading indices this week. I just feel I should share it for una.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 10:10am On Jun 11, 2012
Hi all,
I heard that the german bond increased by 1.43% and that Spain has asked for a bail-out of 100bnEuro. The Spanish index and the german index would rise today. The Asian markets also rose this morning.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 6:09pm On Jun 10, 2012
The month of June has always been a month of profits but this week is the most perilous.
CareerRe: Can A Doctor Work In An Oil Company by ayox2003: 6:27pm On Jun 08, 2012
AjanleKoko: What about companies importing olive oil? grin
hahaha.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 4:36pm On Jun 08, 2012
prince123: so if it gets to 2830,,what should one do,,rise or fall for 0day
Rise.
As you keep your eyes on BOM, check the news too for changes in the market.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003:
prince123: so bro how can you wait till it hits the lowest range before you trade,,you know Bom allows now trade if you will set it at 0day,,but if not you have to go a future bet,,which by then there will be changes in price level,,and what is the range,,any idea
Prince, for indices,the best bet is 0 days. Because the market either ends in profit or loss.
Ihis is the range today for NASDAQ 2,814.80 - 2,845.24. It can go above or below the range but you can wait till it hits 2830.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 4:17pm On Jun 08, 2012
Looking at Bloomberg's website now, the buyers are beating the sellers in the US.
Obama is making a speech concerning the US economy right now. He said "Housing market is 'stabilizing'". He also said "Congress Must Act as Europe Puts Drag on U.S. Economy".
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 4:04pm On Jun 08, 2012
Oh yeah. For clarity sake;
US Tech Composite Index = NASDAQ.
Wall Street Index = Dow Jones Industrial Average
US Tech 500 = S and P 500.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 4:00pm On Jun 08, 2012
ayox2003: The news just came out.

1)U.S. April Wholesale Inventories Rise 0.6%, Sales Climb by 1.1%.
2)Nasdaq Wins Kraft Foods Stock Listing From Rival NYSE.
If u are yet to place your bets like me, Nasdaq will rise a little today but wait till it hits the lowest range before you trade. Others may not fall so low, too.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 3:53pm On Jun 08, 2012
ayox2003: Yes. You are correct. Still waiting for one more news before I conclude.

All, get your news at www.bloomberg.com and www.forexfactory.com. Click on the news tab on both sites and always reload the page.
The news just came out.

1)U.S. April Wholesale Inventories Rise 0.6%, Sales Climb by 1.1%.
2)Nasdaq Wins Kraft Foods Stock Listing From Rival NYSE.
If u are yet to place your bets like me, Nasdaq will rise a little today but wait till it hits the lowest range before you trade. Others may not fall so low, too.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 2:24pm On Jun 08, 2012
jammer777: It means the demand for dollar came out weak which can also translate to lower investments in the market. so, a fall is expected. Master Ayox2003, correct?
Yes. You are correct. Still waiting for one more news before I conclude.

All, get your news at www.bloomberg.com and www.forexfactory.com. Click on the news tab on both sites and always reload the page.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 2:05pm On Jun 08, 2012
Latest news says: US Trade Data shows a FALL in the import and export by 4.9%. This news does not need any analysis as it is self explanatory.
BusinessRe: Betonmarket Alerts: Season 2 by ayox2003: 1:52pm On Jun 08, 2012
toluxa1: I don't think, I think in situations like these, investors are more concerned with getting RETURN OF THEIR INVESTMENT than RETURN ON THEIR INVESTMENT. Nowhere is save at the moment so I'll be hard for the US to float today.... Time will tell sha.
BusinessRe: Betonmarket Alerts by ayox2003: 1:18pm On Jun 08, 2012
toluxa1: I don't think, I think in situations like these, investors are more concerned with getting RETURN OF THEIR INVESTMENT than RETURN ON THEIR INVESTMENT. Nowhere is save at the moment so I'll be hard for the US to float today.... Time will tell sha.
Hmmm. That was why I said the markets would be based on sentiments -personal convictions. undecided
Plus, some investors are keen on making money on the temporary rise and fall of the markets. So they might wanna take advantage.
BusinessRe: Betonmarket Alerts by ayox2003: 11:33am On Jun 08, 2012
nairakobo: It is now on 6,118.96
Can we enter now pls?
Have you entered, Sir?
BusinessRe: Betonmarket Alerts by ayox2003: 11:28am On Jun 08, 2012
mkmyers45:
It will be very difficult for the US market to stay strong
.....but make we wait and see sha
Ofcourse. You're right.
BusinessRe: Betonmarket Alerts by ayox2003: 11:25am On Jun 08, 2012
nairakobo: It is now on 6,118.96
Can we enter now pls?
Oh...posted about that 2hours ago for the 50mins trade.
But you can aswell enter now IF THE CHART IS CURRENTLY RISING.
BusinessRe: Betonmarket Alerts by ayox2003: 11:16am On Jun 08, 2012
pappy2000: Never forget that Bernake cares abt d market
Ofcourse. He wants the market to de-leverage itself. Printing money to save the economy is not the best way out. Europeans want to shift their responsibility to the US. EU should take care of themselves first.


mkmyers45: - Full Bailout Deal details falling short
- Wall Street Hits Low on Job Data
- Benanke just wapping up and down about a down market that needs help....

angry angry angry angry angry grin grin grin grin grin grin

Nothing do me than to use this to my advantage...
Well, I can boldly say that sentiments would affect today's market. Some investors might be looking to invest in the US today since ALL markets are down. Plus, some few days ago, Europe and Asia went down but US was the only one not affect. Although its LIKELY it fall short, anyway.
BusinessRe: Betonmarket Alerts by ayox2003: 10:36am On Jun 08, 2012
pappy2000: I am happy that people can now dissrct market,but[b] d question is what will happen in american session[/b]
I think there would be sell-outs too because Bernanke did not help matters yesterday at all. As soon as he ended his speech yesterday the NASDAQ and S and P 500 started a big sell-out. Olympus in Japan also announced that they would be laying-off 2700 staffs by 2014 and I think this would shrink the S and P 500. Coupled with the fact that the German Trade Data came out far below expectation. Sentiments has a role to play in the US indices today.
But it looks like red in US Indices until another counter-information comes out.
BusinessRe: Betonmarket Alerts by ayox2003: 10:23am On Jun 08, 2012
toluxa1: D

Do we really need to start a season 2 thread? There is a lot of info on this thread o, won't that be lost?
The thread is still gonna be available but we wont be able to post on it any longer. undecided

*Just copy and paste*
BusinessRe: Betonmarket Alerts by ayox2003: 10:19am On Jun 08, 2012
mkmyers45: Season 2 thingz....

https://www.nairaland.com/958643/betonmarket-alerts-season-2
Thought it would hit 100pages watermark before we create the season 2 huh
BusinessRe: Betonmarket Alerts by ayox2003: 10:05am On Jun 08, 2012
Today's European loss is a BIG GAIN for us.

Oops..London bridge is also falling DOWN!!!

The US indices are still waiting. *smiles*

Great Weekend already!!!! smiley smiley smiley
BusinessRe: Betonmarket Alerts by ayox2003: 10:00am On Jun 08, 2012
Today's European crunch is a BIG GAIN.

Great Weekend already!!!! smiley smiley smiley
BusinessRe: Betonmarket Alerts by ayox2003: 8:38am On Jun 08, 2012
I forgot to add that before u place ur bet, know what the next tick should look like. Speculations for the German index for today falls within the range of 6,079.35 - 6,105.18. At the moment, as I'm writing this, its at 6,082. So its advisable to wait till it rises up a little before you trade.
BusinessRe: Betonmarket Alerts by ayox2003: 8:33am On Jun 08, 2012
mckemsoc: German Index, French index and UK index will all FALL today.
Entry Time should be 7:10am GMT (8:10 Nigerian time)
BET duration: 50 minutes

Note: This alert was'nt generated by me but by a guru in the house whch i receiv tru e-mail. Just for those that does'nt have access to d mailing. Thanks.
The German Trade Data came out this morning and the export fell by 1.7%.
The French are also in budget deficit.
The UK may/may not be affected. But the German and French indices are way to go.
BusinessRe: Betonmarket Alerts by ayox2003: 6:08am On Jun 08, 2012
pappy2000: I love ur fundamental analysis but the reason u lost is that Benarke s comment .He testified before congress,I have learnt early that when Fed Chairman testifies in congress Idont trade,becos markets wants to hear qe3 i am sure Benarke is smart enough to know what to say,although he cares abt d market,so it is becos of d non hawkish statement that u lost
True. Most EUR pairs also fell immediately the news came out. Investors wanted stimulus and he didnt say anything about it. Ofcourse, money printing should not be what pushes the market. Market must thrive through buying and selling of goods and services. Anyway, they are doing more of talking and less of action. They must act quickly to save their economy.
BusinessRe: Betonmarket Alerts by ayox2003: 9:33pm On Jun 07, 2012
Hi all,
The US Indices just closed and I lost ALL the my trades today.
I lost those trades because I entered the market quite late. The best time for a trader to enter the market is when the market opens. If BOM doesnt permit at that time, its advisable one quits. Although all my technical and fundamental analysis were correct, I still lost.
Yesterday, I placed 4 bets that the US indices would rise and I won them all because I entered at the "vanguard" of the market.
Just felt I should share this for those who trade the INDICES.

Sukiyo/Sagapo.
BusinessRe: Betonmarket Alerts by ayox2003: 9:17pm On Jun 07, 2012
Rhapsody!:
Ayo, thanks a lot. Will still be asking more questions. It was just that I got kinda confused last week when I read that US index improved and yet another news said stock market was down. So I can understand it this way: that INDEX is a tool for measuring the economic direction of a country. It does not give me the individual picture of what is happening to its constituents. So index improving might actually be as a result of 2 out of say the 30 coys that make it up. Hope my reasoning is correct. I will need to look at the companies individually for a better pix if l require. So index could be up, while the stock market will be down right? Thank you for taking the pains to answer me.
@Mkmyers, I still dey wait.
When the index is high, it means atleast 50% of the companies in that index performed well. Other coys might lose too. But the overall performance/average would be high.

Note: when the index is high, it means there are more buyers in the share of each company in that index than the sellers.
Sukiyo/Sagapo.
PoliticsRe: SSS Arrests Customs Comptroller Over Arms Deal With Robbers by ayox2003: 6:47pm On Jun 07, 2012
Hmmmm...what will come out of it?
BusinessRe: Betonmarket Alerts by ayox2003: 5:59pm On Jun 07, 2012
Rhapsody!:
Will like to ask some questions here. I will really appreciate the explanations and I am sure it will help in our fundamental analysis of the market.

1) When you say a country's index is high, does it automatically means that its stock is low?
2) What exactly make up the index of each country and is there a platform to take the average. Eg if there are 5 main things that make up a country's index but while 2 are down, 3 are up. Is there a kind of platform that helps measure that so the average can be taken to come to a conclusion as to where the index will go from there, whether north or south?
3) What is the relationship between the current position of a country's index, its stock and the currency pairs on FOREX. That is how are they related and affected with news?
4) The US market seems to be a VERY big factor that affects other markets. Do I take it that when it is up, others are up and vice versa?
5) What can one expect to happen after the election on the 17th if one or the other wins?

I am sure the questions plenty, but I also know that the answers will help us on the fundamental analysis. So guys, hit me.
Straight to the answers.
1)No. Whenever the country's stock market index is high, it doesn't mean the stocks are low. It means the economy of that country is booming and that people are buying that stock because they believe in the company. Just like your Nike snickers, it keeps selling because people love the brand and even when the prices increase, people still buy buy buy!!! For instance, if the Dow Jones Industrial Average of the US is high, I means the industrial economy of the US is good for investment and people are buying the shares of the companies in Dow Jones. Don't sweat about Dow Jones. I'll explain more in my subsequent answer.

Note: The three main indices in the US are NASDAQ, Dow Jones Industrial Average, S and P 500.


2)So-many things make-up the index of each country. First off, indices are a collection different stock markets of different companies. If you want a clearer understanding of what index means, picture this: The DOW Jones is a collection of the 30 largest Companies in the US. Companies on the Dow Jones include Microsoft, Chevron, Coca-Cola, WalMart, Bank of America, Exxon Mobil and so on. Each Company has its share price on the stock market. The Dow Jones index is the summation of all those prices divided by a divisor.

Note:The Divisor used to be 30(like calculating an arithmetic average) but its not anymore. Its have been changed so that it wont look like a simple arithmetic. Plus, the changes was needed because of the fluctuations in market price and dividends of each company.

3)The basic idea is that, when a country's stock market index rises, the confidence in that country grows as well, leading to an inflow of funds from foreign investors. This makes the foreign investors demand for the country's currency before they can do business in the country, making the currency to be stronger versus other foreign currencies.
Contrary-wise, when a country's stock market index market falls, confidence in the country's economy falls, causing investors to convert their invested funds back into their own local currencies
All markets(indices and Forex) are affected by the news and reports. If the report is good, the market flourishes and if not, the market shrinks.
4)No. The US currency cannot fly up as it likes. The economy drives it. If the economy is good and more people are employed, then more investors can come in because employed individuals would be able to pay for goods and services. The US is a world player and if her economy crumbles, it doesn't mean others would. But it would affect others negatively. Cos Americans wont be able to buy good imported from Asia and Europe. Therefore slow growth would be recorded in those countries.
5) I can't say. Watch Bloomberg TV.*smiles*



DISCLAIMER: I HAD TO PUT THIS ON A WHOLE PAGE FOR RECORD PURPOSES. THESE ARE GOOD QUESTIONS WE ALL CAN LEARN FROM.



Sukiyo/Sagapo.
BusinessRe: Betonmarket Alerts by ayox2003: 5:51pm On Jun 07, 2012
Rhapsody!:
5) What can one expect to happen after the election on the 17th if one or the other wins?
5) I can't say. Watch Bloomberg TV.*smiles* smiley




Sukiyo/Sagapo.

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