locodemy:
Thank God for a succesful trip.
My people how is market?

doing what it does best ..

yok:
MSCI ADDITION FOR 21 MAY 2018/GENERAL MARKET COMMENT

Shedding of shares continue. Compared with Friday, value of stock sold was less, but the latest selling tempo increased in percentage quantity terms increased for the likes of Fidelity, Flour Mills, Diamond Bank and Lafarge.

The general volume of shares traded in the market was very low, still indicating that there are few buyers in the market.
Looking at the above, for today I want to be off duty from the market. I know nothing new will happen the all share index will likely close lower than the opening.

The idea just struck me that this MSCI index can tell me when to stop further investing in the market. Why, since the market is only good when stocks are moving up, if the stock market is falling and volume is decreasing automatically the market place (let us think about a local market) is about to close for the period. Thus at the moment, the attraction for me as an investor in the market is waning. Will any of us still be happy to be shopping when most of the trader's have closed their shops for the day? Can you as a seller or buyer get good stuff!!! Let us ponder over this for those of us who want to be in the market at all time.


Therefore, I am looking to switch back to buying mode, only when some volume returns to the market. For the Equity still in my portfolio if I see a sudden upsurge with small profit, I will take it and wait at the sideline.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

buyers waiting at d dip

when do u think Union bank will start rewarding investors with dividend ?

Very little talk on MPC. Was it shifted or is it on?

fxuser:



buyers waiting at d dip

MSCI buys today, sells tomorrow at a loss, then buys again....
Na wao....

Mpeace:
Very little talk on MPC. Was it shifted or is it on?

very little talk because the outcome will not be different from the former outcomes

samguru:



very little talk because the outcome will not be different from the former outcomes

So its on. I expect some changes this time around.

IchimokuPilot:


MSCI buys today, sells tomorrow at a loss, then buys again....
Na wao....

You have noticed what we have been saying since. Their brokers are making money sha.

Mpeace:
So its on. I expect some changes this time around.

if there is going to be some changes,MPC will tighten the monetary stance as election spendings are already energizing inflation to rise.

So that expect anything different from CBN infact CRR (cash reserve ratio) may be raised by September this year.

My people, they have finally dumped diamond. No more 34 milllion bids na wah o

fopishow:
My people, they have finally dumped diamond. No more 34 milllion bids na wah o

Like my oga OGG will say:

"some in-house play, my dear. Only waiting for the revelation"

Mpeace:
Very little talk on MPC. Was it shifted or is it on?

likely to maintain status quo

IchimokuPilot:


MSCI buys today, sells tomorrow at a loss, then buys again....
Na wao....

a rising dollar is a weapon of portfolio destruction to foreign players in other other people's mkt

(its d second wife of investing in an overvalued local currency due for devaluation)

fxuser:


a rising dollar is a weapon of portfolio destruction to foreign players in other other people's mkt

(its d second wife of investing in an overvalued local currency due for devaluation)

even d I&E window feel am yesterday . .and likely to continue

fxuser:


- coming to test the 200dma d second time
- positive RSI div on d daily (bearish fatigue)

much needed bounce .
who is next in line ?

Quite helpful information (via Metistem)

Access
- +ve div on d daily MACD
- uniformity action on d daily rsi , rejecting over sold region

(means bearish fatigue , similar to fidelity)

fxuser:
Access
- +ve div on d daily MACD
- uniformity action on d daily rsi , rejecting over sold region

(means bearish fatigue , similar to fidelity)

UBA
- similar to above but much better ...


#swingSeason

Some people are still buying Japaul despite the bad publicity. Guess their MM is bent on doing some abracadabra with the stock somewhere along the 20k line.
My eyes' observing it from distance sha

Diamond 5M gang didn't come to market today or maybe they are still stuck in Ajah traffic.

Dangflour / transcorp
- is dis where thou shalt find support ?

This house is bearish! Are the bears coming for people's laptops and keypads ni (according to Chimoku's prediction)?
Chai! This bear transmission is not good o.

Mcy56:
Diamond 5M gang didn't come to market today or maybe they are still stuck in Ajah traffic.

Learning how to manage expectation is key in this business.

The 5m unit gang might re-surface once possibility of a N1.50 trade becomes possible again.

Fidelity on fully offer

Chibuking81:
Fidelity on fully offer

Are you surprised?

mendes911:
Learning how to manage expectation is key in this business.
The 5m unit gang might re-surface once possibility of a N1.50 trade becomes possible again.

Seems they are coming out at that price junction to defend the stock.
Reminds me of a set of guys that were mopping the stock at that 1.50k price towards end last year or thereabout. The guy/guys must have made cool money during the January bull period.

Transcorp on full offer now. I'm not really expecting much from the stock anyway.

Mcy56:
Transcorp on full offer now. I'm not really expecting much from the stock anyway.

Be bold when others are fearful. We are waiting

mendes911:


Are you surprised?

Not at all

Am waiting to see if FCMB's MM will still act today. If they fail to, then........

mendes911:

Am waiting to see if FCMB's MM will still act today. If they fail to, then........

You are doing novena for MM to come. Chai

sellydion:


Be bold when others are fearful. We are waiting

You go just wound.