₦airaland Forum

It has bounced back, and more greens are to come soon; however, inflation might affect the market due to the war.

Beeron:
Hope this market is back up bro. I saw it in the news that it plunged last week.

Investors are buying, selling, and taking profit due to inflation. Some don't want to hold for the long term.

Iamblessed8888:
Wow that’s crazy. Even Elon Musk is battling yakubu too. You balling mennnnn

Inflation is affecting the US market; Apple just hiked its products, and the market started wobbling up and down. However, tech stocks will still see green tonight. One of my portfolios is about to return a 4m paper profit.

[quote author=Iamblessed8888 post=139827749][/quote]

The market is being negatively impacted by inflation; hopefully, this war drama will subside.

Great mathematician.

Iamblessed8888:
Spot on

The market is hovering around 235k which is the black dash. The next support level is probably 225k which is the blue line below the black dash. This means it’s still falling. If it finds support at 225, then good news, otherwise the next support may be sub 200.

How do i know its still falling? The red and green bar charts at the bottom tells the story of the ongoing war between sellers and buyers . The buyers (green) are trying to defend the ASI but they are currently outnumbered by the sellers (reds).

That’s why it’s always said, before you buy the dip, have an idea of what the next support zone may be or else we use your capital to defend the ASI . It’s a noble gesture anyway

The good news is, there’s low volume, hence the dwarf bars. This tells another story which is that what’s happening is purely correction and not panic sell off. If the bars were taller, i’d have said run for your life

CS also pays during the weekend. I think NGX is now in the bearish market; things will definitely get back on track. We only lose when we sell.

Iamblessed8888:
CS has the highest loss protection from my observation. CS will shield your losses to the best of their ability, except its a really really red day. Zedcrest also tries in this regard but not like CS.

Paramount’s losses can be aggressive and they started acting funny some months back when they nolonger update same day.

😃😃😃

Is anyone here trading Korean tech stocks?

Cool bro, huge rally from Micron today. I'm expecting huge gains from tech stocks tonight.

Beeron:
CSblackpink

You might be interested in this thread.

Green is going to load tonight. I'm hoping Micron will report strong earnings tonight.🍏🍏🍏🍏🍏🍏🍏🍏🍏🍏

Following yesterday's massive profit-taking, the Asian stock market opened higher today. Tonight, we'll see green. Yesterday's massive Yakubu came from investors in Korean pension funds and 2X-3X leverage investors, who typically take out loans and make stock market investments.

Actually, some traders are selling and moving to other cheap stocks, and "Fomo" is also making people panic. Nevertheless, those that hold on tight will make tremendous gains.

Allboiz:
Ngx doesn't want to carry the last...

As Yakubu lasts for like two months already, it be like our people have withdrawn all their money finish.

This is the time for those who bought the dip while it was downing to shine.

Kanayo is in NGX, and Yakubu is doing his thing in Japa stocks.

Allboiz:
It seems Ngx is back...

CS brought 0.94% yesterday
Zedcrest brought about 2% yesterday

And today is looking bright already.

Gigantic Yakubu is at the market today; those that bought the dip will eventually reap the reward. 🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️🌶️

I'm using StashAway and my foreign bank app, if you are based in nigeria, try Bamboo.

BelieverDE:
While you use investing.com for market watch, what app do you use for trading?

To keep up with the news, pre-market, and any significant analysis, I use investing.com.

Foreign stocks or ETFs can do wonders if you choose the right ones. However, these stocks have different dimensions and fundamentals. I only do aggressive tech stocks. You can sign up depending on your risk appetite; nevertheless, do some research before selecting any stocks or ETFs.

FLOGEE:
@csblackpink and Beeron well done for all the education on investment, just like you you put us tru equity fund, please can you break now foreign Investment so we can understand in a layman term . Thank you

Yes, it is. Nevertheless, Dram has an exposure to Sandisk; you don't need to buy it.

emdeeCreativeW:
It is really pricey.
I just checked out the CAD edge: 55.70 cad.. a week return 4, 1 month 19, 3 month 23, A year 23

Kindly remove EWY and stick with Dram; however, if you want full exposure to the Korean market with lower fees, go for FLKR or FLXK.

emdeeCreativeW:
I just reshuffled my portfolio. Hope it is Okay Sir?

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣, God saved me.

Beeron:
People who rushed to buy SpaceX IPO,

How far, how e dey go?

Dangote IPO is around the corner.

SanDisk is really going nuts; I think semiconductors will stay for a long time.

Beeron:
To guide you on U.S Tech/AI stock pick.

These are the aggressive foreign stocks and ETFs in my portfolio.

Yes, bro. We can discuss which stocks are moderate and aggressive for investors. Anyone that does not like Yakubu should not join the thread.

Beeron:
nice one, Good initiative.

Guys have created a new thread for foreign stock discussion. Have attached a screenshot of the page.

Foreign stocks in a diversification era..

Alright, bro. Don't be scared of huge Yakubu in the foreign market; if you try and do DCA weekly, you go hammer seriously. Every time the market bounces back, I always make $20-40 extra, Kanayo, for buying the dip.

Niiade:
Thank you very much. I will look into DRAM.

Someone on this thread successfully found DRAM on Bamboo. DRAM is doing numbers at the moment, up to 176% from January 2026, and it has allocation in the Korean market.

Niiade:
Do you have any idea how one can get into Asiatech stock? I can't find anything on Bamboo; the closest I have heard is via ETFs that are not heavy on those stocks but just added a few for exposure sake. Thank you.

Equity is not a money-making machine; my foreign portfolio bled drastically the last two weeks. My paper profit was down to $300. Nevertheless, I kept buying the dip, and guess what? 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑. My Intel portfolio and my local bank Asiatech stocks are also doing numbers at the moment. If you can't handle the roller coaster, kindly sell and get back in November or December.

investmentvirus:
whats ZEDCREST YTD?

Equity is bleeding badly, its crazy. (cying)

That is why I prefer the foreign market; no matter how Yakubu messes around, any positive news will turn it to green right away. In the last two weeks, all my portfolios were down, and at the moment, I have recovered some with extra dollars by buying the dip and am really satisfied with what I am seeing.

Bluearrow:
But isn't there supposed to be a relief rally during correction phase? The red seems to be consistent, no days of relief at all. It has been days of consistent loss across these fund managers.

Does the NGX market move with the news? Trump just announced that Intel will team up with Apple to make local chips in the states; currently, Intel is already up to 8% in pre-market. I hope NGX will catch up with the rest of the world. The only time I see NGX moving is dividend and Christmas season.

Beeron:
If you don't have any other spare funds to invest in a more risky investment to beat inflation. Don't make the mistake of withdrawing that 10 million.

Consider using the returns from the MMF to invest in Equities or Stocks.

Stocks or Equity will help you beat inflation, MMF will be the steady supply cash flow to enable you wait out the volitility of the Stock market.

No dulling, chief.

Iamblessed8888:
Nice.

Yakubu is dealing with SpaceX.😂😂😂😂😂😂😂😂😂😂