yok:
MARKET TECHNICAL ANALYSIS-WHAT IS OUR MAIN OPINON ON THE MARKET TODAY 26 MAY 2023
Globally things are bad on the surface, but fundamentals still supporting a bullish expectation (dollar and bond indexes falling). So participants just need to wait for the bear to get tired. Commodities are up and indices down but may improve later. So pullback may happen today, but just pure profit taking.

For Nigeria market see below.

Zagee:
NAT, a good setup for a weekly swing.
June 14 ex-dividend day of $0.15
Possibility of hitting pre-covid high of $6.
Currently trading at $4

aremso:


I wish this stock will hit 1.40$ again. One can be a millionaire through this stock

Zagee:

Uncertainties abound. One can only hope to be on the right side of events.

aremso:


Yes am not In a hurry to buy any stock both local and foreign cos kasala will soon burst globally so am on cash. Even current bull on our NSE does not move me. I watch as the event unfold globally.

Hamachi:
Fearful investors will forever miss out on great opportunities and are often full of regret

Me: Stock market is down, this is a good time to start investing

Them: Phew! The way everything is red now, I don’t want to lose my money. It’s better to keep looking at my money in my bank account.

Stock market recovers*

Them: wow! I should have bought when the market was down. Well, it is now too expensive, I will wait till it’s down again.

And the cycle of fear and missed opportunities continue.

There are opportunities every time, learn to find them and seize them.

Do you need someone to guide you through your investment journey without the paralyzing fear and uncertainty you are currently experiencing?

yok:
THERE IS NO PHILOSOPHY IN INVESTING
Have your indicators in place, buy when your indicators say buy and sell when your idea looks wrong.

Taking clue from the above, I will sell my Chinese ETF (at a loss, yes at a loss and I am happy). I have realized that anybody can be wrong, currently everybody that played on China revovery are under water, big funds and even the world bank (at a time early this year world bank was talking with the undertone that China's economy will safe the whole world from likely recession, but alas China is not performing at the moment). Market is a case of "bi egun eni ba fe jo, to o ba so wipe ohun ojo mo, there is nothing you can do". What the yoruba proverb is saying is that market is the owner of the masquerade (if maket is saying it want to be bullish), market can decide not to be bullish again. So as an investor I obey the market, so China bullish masquerade has decided not to dance, so I get out of my trade.

Looking at the premarket, this AI matter seems to have captured everywhere. Looking at the AI stocks, we need to pick one that can stand the test of time. Good thing is that most big equities are in AI, so this madness may last for some time. Therefore, my take is that if you don't have much idea about AI, just buy NVDA (it has all the foundation that all AIs are built upon) and go to sleep, let the market do the rest (like of NVDA may likely do what TSLA and Amazon did in the past).

Good luck to everybody. Some pre market gainers (AI related are shown blow)!!!

In conclusion, can you imaging that AI will not be able to take over investing totally, stocks picked by AI sometimes too suffer loss. But, if you do not have AI stock in your portfolio, you may likely regret latter.

Ballzproblem2:
na today we don dey hear say USA go default on their debt , they'll raise the debt ceiling.

OakPearl:
UCAR $5.25 May go higher intraday

Hamachi:
Fearful investors will forever miss out on great opportunities and are often full of regret

Me: Stock market is down, this is a good time to start investing

Them: Phew! The way everything is red now, I don’t want to lose my money. It’s better to keep looking at my money in my bank account.

Stock market recovers*

Them: wow! I should have bought when the market was down. Well, it is now too expensive, I will wait till it’s down again.

And the cycle of fear and missed opportunities continue.

There are opportunities every time, learn to find them and seize them.

Do you need someone to guide you through your investment journey without the paralyzing fear and uncertainty you are currently experiencing?

civilserva:

This boy girl get sense

OakPearl:
UCAR $5.25 May go higher intraday

OakPearl:


UCAR eventually closed yesterday at $7.59 after kissing above $11, but it looks like the party is not over yet.
Likely to hit double digits today!
We watch.

OakPearl:


UCAR eventually closed yesterday at $7.59 after kissing above $11, but it looks like the party is not over yet.
Likely to hit double digits today!
We watch.

OakPearl:


UCAR $14.73.
Nice profit for a good weekend loading!

seakomol:

Still waiting for an invite to your paid group. seakomol@yahoo.com