₦airaland Forum

MrDiligence:
I'm a bit confused with timing. We used to be 5 hours ahead of the US stock market, now it's 6 hours (opening time was 2:30pm Nigerian time, now 3:30pm). Please how is this possible?

This is called day time saving. normally we are 5hrs ahead, market open 2.30 close 9pm. Day time saving on November, will normalise around May again. So for Now market open 3.30, close 10pm. You can google day time saving for deeper explanation!!

MARKET IS GOING TO BE MAD TODAY
I can see FUFU, on the gainers list and I remember computer village, I will think twice before buying FUFU, I hope the computer village boys have not find their way into this market!!!

yok:
This is called day time saving. normally we are 5hrs ahead, market open 2.30 close 9pm. Day time saving on November, will normalise around May again. So for Now market open 3.30, close 10pm. You can google day time saving for deeper explanation!!

Thanks a lot. It got me really confused. 🙏

If I had more capital, I would be smiling to the bank with the rise of Nvidia stocks.

yok:
MARKET IS GOING TO BE MAD TODAY
I can see FUFU, on the gainers list and I remember computer village, I will think twice before buying FUFU, I hope the computer village boys have not find their way into this market!!!

$FOXO 🔥 🔥 🔥 🔥 🔥

Penboy:
$FOXO 🔥 🔥 🔥 🔥 🔥

Wetin da pump am?

Aremso Foxo da pump

Be like I go put my last 10$

Congratulations 🎉 Donald Trump
... Making America Great Again MAGA...

Today 6 November 2024 Is A Very Good Day
Our portfolio made the biggest positive move on a single day.

Tommorrow should equally be a green day as FED will give indication of another rate cut. Early in the day we will get a prediction from our normal opinion page.

Temporarily,we will avoid Chinese stocks, as Trump is a problem for the Chinese. But we will see their reactions soon, China has a plan ready for Trump Presidency!!!

Disembark:
Wetin da pump am?

Purely Pump and dump

OakPearl:
With 7 results to go, Donald Trump is being projected to win and he has already held a press conference declaring his victory himself, you know what stocks will fly based on my hint yesterday.
Watch out for [/b]TSLA, DJT, PLTR[b], Bitcoin and crypto mining stocks like [/b]MARA, RIOT, COIN, BTBT, CLSK[b] plus the banking and energy sectors.
Historically, no matter who wins the US elections, after a successful completion of the polls, the stock market rallies.
Get set and enjoy the ride.

If you bought these crypto mining stocks I mentioned before market opened, you are in profit of between 18% - 30% today alone.
I’m just happy for those who made the moves.
Did you buy any of these?

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENTS 6 NOVEMBER 2024
Today is likely to be a bullish day, if things look slow early in the day, we should just ignore.

Sector wise, sorry if our opinion sounds conflicting from day today, it is because each day is a stand alone and we have no second opinion different from what the chart tells us. So sector wise: tech, blockchain, oil, steel are looking good. But for oil, we take it as strictly an income sector, a stock in oil not paying dividend is not good for our portfolio.

Trading tip for the day: I have seen stocks that were previously strong and with good fundamentals going wrong. So let us take it as a rule written in stone: if my stock loses more than 25% I sell, no ,matter how good that stock was in the past!!! Example, see "GCT" a stock that had positive earning for a long time

yok:
market has been good today. We bought[b] SOUN[/b] today. There is possibility that GME (Game stop breaks out soon)

Our trading plan blueprint did it again. I can see 20% plus from the above. For whoever cares, I sold CMRE below, then moved the money to weekly dividend paying stock today. Unfortunately I bought on ex div for this week, so in eight days time I will start collecting my dividend. Not too bad.

Whoever is not in this forum is missing something. And those in our Caucus should be smiling. I am surprised that people said they are not risk averse, so many seems not to be interested in dividend stock? This like walking on thin rope, if there is miscalculation fall can be fatal (but stop loss is the risk management strategy).Okay no problem. Our dividend paying stock are like our midfielders feeding the forward with crosses (money to invest later).

OakPearl:
If you bought these crypto mining stocks I mentioned before market opened, you are in profit of between 18% - 30% today alone.
I’m just happy for those who made the moves.
Did you buy any of these?

Good one oga mi ..keep up the good work

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENTS 8 NOVEMBER 2024
Market may be fairly slow today momentum wise and better to switch on our thinking to the medium timeframe. This is necessary in order not to be received by. Strong move in stocks that will have just one day positive performance and then reverse. So he careful with Chinese and Solar stocks.

Our main stock for today is already with our caucus members

OakPearl:
If you bought these crypto mining stocks I mentioned before market opened, you are in profit of between 18% - 30% today alone.
I’m just happy for those who made the moves.
Did you buy any of these?

Boss, apart from those Nigerian Fintechs, which app can you recommend for Nigerians to use for investing and/or trading in the US stock market?

Question
Boss, apart from those Nigerian Fintechs, which app can you recommend for Nigerians to use for investing and/or trading in the US stock market?

[quote author=AwesomeGod91 post=132792336]Somehow for we perceive Negative image of the name "Nigeria" our choice are limited. If you are from Ghana Togo or republic of Benin you can open account with most international brokers like Schwab, Fidelity,TD Ameritrade, webull, etc.

For the above reason local apps are somehow better as: you open accounts and is verified within 1 day, you deposit Naira/withdraw in Naira with no extra charge you open account starting for NGN15,000. Only problem is commission and the lowest being from CHAKA (1.5% in 1.5% out) with no hidden charge

FOREIGN APPS FOR NIGERIA TRADERS

1. Chipper cash (this look like the easiest is close to using local app, deposit Naira direct). You may need to google this watch their video on YouTube to know more about them

For others you have to go via wire transfer or something similar. Most are zero commission. Problem is it better to get information from here from people who have used them. Research on your own is risky as you may just blindly pick a broker like Choicetrade which at the end of the day will not be okay for you (go to Choicetrade website/review and see)

So list of foreign apps accepting Nigerians, problem is most accept wire transfer, thus starting with anything less than $500 may not be to your advantage as you pay the banks for depositing and sometimes will need to pay broker processing fee when withdrawing;

1. Vest.io. Look like the best option as at time of writing
2. Tradezero: good for experienced traders, no fractional share purchase allowed, e.g in vest you can buy 1 dollar with share of TSLA, in tradezero you have to pay for one unit, and in whole unit thereafter. Thus minium TSLA you can buy will be like 110worth (currency of the broker)

I hope this helps.

yok:
Question
Boss, apart from those Nigerian Fintechs, which app can you recommend for Nigerians to use for investing and/or trading in the US stock market?

Thanks boss

Do we have UK broker with cheap charges? Bamboo is killing me
1% to but, 1% to sell. It means I must aim for at least 5% profit for me to break eveb

HAPPY WEEKEND TO ALL -THIS IS NOT A TIME TO FOMO BUT THERE IS MONEY IN THE MARKET

Concerning those who are asking for best broker, please if you are staying in Nigeria just register with Chaka and start trading. Latter you can look for the best broker in the world.

For our caucus members, I am pained by the fact that some people are not making good use of the recommendations, we know there is risk in trading, but if you know whom you are following and the performance of the recommendations in the last six months to one year you should put your mind at rest.

Just like a new member asked to see our performance and we send what we have bought recently and then gave him our recommendations, I am sure he will be surprised at the success rate.

For the new week we are likely to continue the bullish run especially in the blockchain industry. So on Tuesday we may see a gap up n Bitcoin stocks.

We want to give opportunity to help new traders, use our link to open Chaka trading account and get one week free access to our Caucus members messages : CHYLB3CWPI

GREETINGS TO GREAT MINDS
Just browsing the Internet I saw that this thread is still very much active. Greetings to all great minds in the forum.

Who remembered foxo which I put here around early this year, did almost 700% last week after been kept low for several months. Crazy market.!

Penboy:
Purely Pump and dump

Ride the pump is purely pump and dump nothing no info to support the pump

yok:
Question
Boss, apart from those Nigerian Fintechs, which app can you recommend for Nigerians to use for investing and/or trading in the US stock market?

Endorsed.

Born2conquer:
Do we have UK broker with cheap charges? Bamboo is killing me
1% to but, 1% to sell. It means I must aim for at least 5% profit for me to break eveb

Best U.K. broker any day should be Trading 212.

aremso:
Who remembered foxo which I put here around early this year, did almost 700% last week after been kept low for several months. Crazy market.!

Enjoy your loot.
You deserve the reward for your patience.

BullBearMkt:
GREETINGS TO GREAT MINDS
Just browsing the Internet I saw that this thread is still very much active. Greetings to all great minds in the forum.

Welcome home my man.
You are a good man.
By God’s grace, we are benefiting greatly from the US market.

OakPearl:
Buy and hold Zeta.
Long term winner.
If you find it under $30, good.

OakPearl:
ZETA mentioned a few weeks ago has pulled back nicely to $26.24.
Time for medium term entry for the next upward swing.
NOTE: Not a day trade.

First quote- 3rd October Zeta at $30
2nd quite -24th October Zeta at $26
Barely 18 days after 2nd quote today, Zeta $36.74!

Upcoming Stock Splits This Week (November 11 to November 15) – Stay InvestedMarket News

These are the upcoming stock splits for the week of November 11 to November 15, based on . A is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split.


In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In this case, too, the market cap is maintained as the share price increases following the reverse stock split.


Companies often undertake stock splits to improve the liquidity of the common shares and make them more affordable for retail investors. Let’s look quickly at the upcoming stock splits for the week.



1847 Holdings LLC – 1847 Holdings operates as a publicly traded partnership. The company buys stakes in private, lower-middle-market businesses with an enterprise value of less than $50 million. On November 1, EFSH announced a one-for-15 reverse stock split of its common stock to be effective November 11. The company is undertaking this reverse stock split to strengthen its market position and expand growth opportunities.


Volcon Inc. – Volcon designs and manufactures all-electric off-road power sports products for the outdoor community. The company produces both electric motorcycles and UTVs (utility terrain vehicles). On November 7, Volcon announced a one-for-eight reverse stock split of its common shares. Shares are expected to start trading on a split-adjusted basis on November 11.


Interactive Strength Inc. – Interactive Strength is a connected health fitness company that offers specialty fitness equipment and virtual training sessions. Some of its renowned brands include CLMBR, FORME, and FORME GOLF. On November 7, TRNR announced a one-for-100 reverse stock split to regain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share. The share split will become effective today, November 11.


Fuelcell Energy – Fuelcell Energy provides sustainable energy solutions through its proprietary fuel cell technology platforms. On November 7, FCEL announced a one-for-30 reverse stock split of its common shares to increase the per share trading price of its common stock and regain compliance with Nasdaq’s continued listing requirements. Shares are expected to start trading on a split-adjusted basis on November 11.


Shineco Inc. – Shineco, through its subsidiaries, offers high-quality health products and services. The company announced a one-for-24 reverse stock split of its common shares, effective November 12. The reverse split will help regain compliance with Nasdaq’s continued listing requirements.


Jet. Inc. – Jet.AI is engaged in creating seamless experiences and solutions for the aviation industry through its natural language processing and advanced fleet logistics optimizations. The company operates two segments: Software and Aviation, with the aim of improving the private jet booking experience and services. On November 8, Jet.AI announced a one-for-225 reverse stock split of its common stock to regain compliance with the minimum bid price requirement under Nasdaq’s continued listing requirements. Shares are expected to start trading on a split-adjusted basis on November 12.


IRC Ltd. – Hong Kong-based IRC Ltd. is one of the largest iron ore miners in the Russian Far East. In October, IRC announced a rights issue to raise additional capital of roughly HK$362.1 million. Shares are expected to start trading on an ex-rights basis, effective November 12.


Danimer Scientific – Danimer Scientific is focused on creating more sustainable and natural ways to make plastic products that are 100% biodegradable and compostable. The company sells its products under the Nodax brand name. On November 2, DNMR announced a one-for-40 reverse stock split of its common stock, to be effective on November 13.


The reverse split is being undertaken to increase the per share trading price of DNMR stock to regain compliance with Nasdaq’s listing requirements.


Singapore Exchange Ltd. – Singapore Exchange Ltd., or SGX Group, operates an exchange platform that lists equity, fixed income, currency, and commodity securities. It is one of Asia’s largest, most international, multi-asset exchanges. SGX is expected to implement a 15-for-two stock split of its common shares, effective November 13.


Bolt Metals Corp. – Canada-based Bolt Metals Corp. is a copper mining and exploration company. On November 7, Bolt Metals announced a two-for-one stock split, to shareholders of record on November 13. Shares are expected to start trading on a split-adjusted basis on November 14.


Trio Petroleum Corp. – Trio Petroleum is an oil and gas company with exploration and production facilities in California and Utah. On November 4, Trio announced a one-for-20 reverse stock split of its common shares. Shares are expected to start trading on a split-adjusted basis on November 15.


Yoshitsu Co. Ltd. Sponsored ADR – Japan-based Yoshitsu Co. Ltd. is a retailer and wholesaler of Japanese beauty and health products. Yoshitsu is expected to undergo a one-for-ten reverse stock split of its common stock, effective November 15.


Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.

OakPearl:
Best U.K. broker any day should be Trading 212.

What's the charges like?

Celestialsword:
Upcoming Stock Splits This Week (November 11 to November 15) – Stay InvestedMarket News

These are the upcoming stock splits for the week of November 11 to November 15, based on . A is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split.


In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In this case, too, the market cap is maintained as the share price increases following the reverse stock split.


Companies often undertake stock splits to improve the liquidity of the common shares and make them more affordable for retail investors. Let’s look quickly at the upcoming stock splits for the week.



1847 Holdings LLC – 1847 Holdings operates as a publicly traded partnership. The company buys stakes in private, lower-middle-market businesses with an enterprise value of less than $50 million. On November 1, EFSH announced a one-for-15 reverse stock split of its common stock to be effective November 11. The company is undertaking this reverse stock split to strengthen its market position and expand growth opportunities.


Volcon Inc. – Volcon designs and manufactures all-electric off-road power sports products for the outdoor community. The company produces both electric motorcycles and UTVs (utility terrain vehicles). On November 7, Volcon announced a one-for-eight reverse stock split of its common shares. Shares are expected to start trading on a split-adjusted basis on November 11.


Interactive Strength Inc. – Interactive Strength is a connected health fitness company that offers specialty fitness equipment and virtual training sessions. Some of its renowned brands include CLMBR, FORME, and FORME GOLF. On November 7, TRNR announced a one-for-100 reverse stock split to regain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share. The share split will become effective today, November 11.


Fuelcell Energy – Fuelcell Energy provides sustainable energy solutions through its proprietary fuel cell technology platforms. On November 7, FCEL announced a one-for-30 reverse stock split of its common shares to increase the per share trading price of its common stock and regain compliance with Nasdaq’s continued listing requirements. Shares are expected to start trading on a split-adjusted basis on November 11.


Shineco Inc. – Shineco, through its subsidiaries, offers high-quality health products and services. The company announced a one-for-24 reverse stock split of its common shares, effective November 12. The reverse split will help regain compliance with Nasdaq’s continued listing requirements.


Jet. Inc. – Jet.AI is engaged in creating seamless experiences and solutions for the aviation industry through its natural language processing and advanced fleet logistics optimizations. The company operates two segments: Software and Aviation, with the aim of improving the private jet booking experience and services. On November 8, Jet.AI announced a one-for-225 reverse stock split of its common stock to regain compliance with the minimum bid price requirement under Nasdaq’s continued listing requirements. Shares are expected to start trading on a split-adjusted basis on November 12.


IRC Ltd. – Hong Kong-based IRC Ltd. is one of the largest iron ore miners in the Russian Far East. In October, IRC announced a rights issue to raise additional capital of roughly HK$362.1 million. Shares are expected to start trading on an ex-rights basis, effective November 12.


Danimer Scientific – Danimer Scientific is focused on creating more sustainable and natural ways to make plastic products that are 100% biodegradable and compostable. The company sells its products under the Nodax brand name. On November 2, DNMR announced a one-for-40 reverse stock split of its common stock, to be effective on November 13.


The reverse split is being undertaken to increase the per share trading price of DNMR stock to regain compliance with Nasdaq’s listing requirements.


Singapore Exchange Ltd. – Singapore Exchange Ltd., or SGX Group, operates an exchange platform that lists equity, fixed income, currency, and commodity securities. It is one of Asia’s largest, most international, multi-asset exchanges. SGX is expected to implement a 15-for-two stock split of its common shares, effective November 13.


Bolt Metals Corp. – Canada-based Bolt Metals Corp. is a copper mining and exploration company. On November 7, Bolt Metals announced a two-for-one stock split, to shareholders of record on November 13. Shares are expected to start trading on a split-adjusted basis on November 14.


Trio Petroleum Corp. – Trio Petroleum is an oil and gas company with exploration and production facilities in California and Utah. On November 4, Trio announced a one-for-20 reverse stock split of its common shares. Shares are expected to start trading on a split-adjusted basis on November 15.


Yoshitsu Co. Ltd. Sponsored ADR – Japan-based Yoshitsu Co. Ltd. is a retailer and wholesaler of Japanese beauty and health products. Yoshitsu is expected to undergo a one-for-ten reverse stock split of its common stock, effective November 15.


Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.

Nice update.
Keep it up.