NSE Index
Random Weekly chart (Death Cross & Golden Crosses)

- last Death cross in Oct 2014 , MKT dropped over -35%, from 43k to 28k in ard 20 wks (twas more bloody dan this: https://invst.ly/8jzu8)
- had a relief bounce and then continued d down trend till 2016
- the 10wk MA (50dma) didn't cross back above the 40wk ma (200dma) until Jun 2017 (Golden cross) wh came to an end July 2018 (https://invst.ly/8jzwc)

reminder to self
- bearish seasons can last longer dan u can expect and nt make sense, ff d trend lines
- things can still get a lot worse despite any relief bounce etc
- keep plays short and small
- cheap can get cheaper
- every big loss started out as a small loss
- deriz no lov under the 50ma or d kumo

#RandomStuff

lets look at banking index sef

Banking Index
- 35% off the top daz a bearish trend in TA terms ohh, so we expect more lower lows and lower highs
- weekly RSi breaking into oversold levels dis week at 28.5
- wen ''wkly'' RSI breaks back above 30 , expect a '' light '' bounce before continuation of down trend (agba and co mentioned this)
(trading it is another matter, risk-reward is skewed against person)
- d problem with this bearish trends is the overhead supply keeps piling up, meaning every recent entry is likely out of position
- d further out of position ur entry , d more complicated your holding power and objectivity umm


recom
- don't over complicate d matter !

#Random

BullBearMkt:

...great book for anyone that want to build a good foundation for fundamental analysis. Highly recommended!!!

Tx @Infinitisi, I enjoyed reading thru them

Oga mi, abeg send me the book

fxuser:
Brent
- 3rd time rejection at $79/80 levels

a doji week in d middle of a wide range ($80 - $70)

May & Baker
- closing above the 10wk ma (same as 50dma) for d 2nd wk
- higher weekly closure wt abv avg vol and above prev monthly close !
-interesting consolidation here (cc:onegentleguy )

#Justobserving

fxuser:
May & Baker
- closing above the 10wk ma (same as 50dma) for d 2nd wk
- higher weekly closure wt abv avg vol and above prev monthly close !
-interesting consolidation here (cc:onegentleguy )

#Justobserving

Very similar to diamond , closing above 1.30 levels
interesting stuff

pluto09:



Is like this people are following agba script o

They just want to crash the market by fire by force

The bad bad things happen in this part of the year
I don't have strength kwa

Agbalowomeri:


The bad bad things happen in this part of the year
I don't have strength kwa

Isaiah 41:10

fxuser:



Isaiah 41:10

May be you meant Prov. 4: 7

Very true. But unless you are clairvoyant, you cant predict nse

Sheq:
thank you so much...i really appreciate this...... please this is my email......if i encounter any thing that requires your knowlegde i will ask you.. i may mention u on another thread too ...thank you so much

The pleasure is mine, my oga. Yes, it is safe to remove your email now, I have saved a shot of it. You may send a Nairaland PM if a need arises and I will receive your mail (that may be a good alternative as well). All the best once again

Bishopking:
Very true. But unless you are clairvoyant, you cant predict nse

The trick is learning the discipline to stay away from the market sometimes

Agbalowomeri:


May be you meant Prov. 4: 7

yes boss , d koko

Agbalowomeri:


The trick is learning the discipline to stay away from the market sometimes

Most valid . .

Agbalowomeri:


The trick is learning the discipline to stay away from the market sometimes

You mean selling everything and stay away?

Bishopking:


You mean selling everything and stay away?

Na wetin me I dey do o

MUST WATCH OUT RED FLAGS FOR INVESTORS.... COPIED FROM A FOREIGN PLATFORM
1. The cult of the celebrity CEO

There’s nothing more appealing than the rags-to-riches story of someone who has come from nothing and risen to the top of the corporate hierarchy. Unfortunately, the hype created around a CEO’s public persona isn’t always matched by reality. A company built around the profile of its leader should be scrutinised.

2. Aggressive expansion (often internationally)

Companies that suddenly go on aggressive offshore expansion drives tend to use a lot of capital to make forays into markets they are often unfamiliar with.

Many South African companies that have recently expanded into unfamiliar territories ranging from the US (Discovery, Old Mutual) to Australia (Woolworths) and Nigeria (Tiger Brands), had to return home with a “bloody nose”, or report struggling numbers following their acquisitions, Artus says.

3. An absence of cash flow

Poor cash flow is one of the biggest signs that all is not well with a company and the way it manages its finances. This is like someone who has a good job, drives a nice car, lives in a great house or apartment but is always broke.

Companies that are perpetually short of cash and fund their day-to-day operations with credit, are often poorly managed. We think of cash flow as the cash from operations less the capital expenditure required to maintain their assets. The inability to actually produce any cash is a red flag.

4. Significant share issuance and growth in debt

Equity capital is valuable because it is scarce. If a business is undervalued, issuing shares is a very expensive way of raising capital. Any share issuance dilutes existing investors into perpetuity.

Rising debt levels are a concern, says Artus. You are taking from the future and spending today. Not only does that leave a hole that one day needs to be filled, but servicing that debt can quickly overwhelm a business. It is important to determine whether the borrowing is warranted. Very often it is not.

5. Overly complex corporate structure

The more convoluted a company’s corporate structure the easier it is to hide financial malfeasance.

Often companies will deliberately make use of complicated cross holdings, shell companies and an array of subsidiaries – frequently in different jurisdictions – to make it difficult to track precisely what they are doing. This is often reflected in overly complex financial reporting, which can also conceal debt levels or artificially inflate earnings.

6. Related-party transactions

Cross shareholdings and active trading in shares between subsidiary companies can result in inflated asset values across related companies. The share prices go up because of the increased buying without any fundamental changes to the underlying businesses. This is something investors need to look out for.

7. Everyone is investing in it

Avoid falling into the dreaded FOMO trap, or “fear of missing out”. Just because everyone else is investing in something, it doesn’t mean you should be doing so as well. We’ve seen the cryptocurrency craze that pushed up the price of Bitcoin to almost $20 ,000 only to see it crash to under $6 000, all in the space of half a year.

This is precisely how bubbles, such as the tech bubble of the late nineties, develop.

8. Be wary of noise created by fear and speculation

Activist short sellers have been a prominent feature in stock markets for many years. It’s easy to get caught up in the hype when their ideas hit the news. But a disciplined investment process, applied consistently over time, helps to overcome the temptation to pile in (or out) based on the headlines.

“Assessing the risk-reward trade-offs and margin of safety is a key consideration of a robust investment process, and even more crucial amid uncertainty and activist short-seller rumours. Make sure you choose a long-term manager whose investment process takes this into account,” says Artus

No 3 is pointing at WAPCO
dz company always look for money to run its operations. Wapco is planning for another bond soon

Infinitisi:


Done

Please help with the 2 books

Godlylifeoneart:
MUST WATCH OUT RED FLAGS FOR INVESTORS.... COPIED FROM A FOREIGN PLATFORM
1. The cult of the celebrity CEO

There’s nothing more appealing than the rags-to-riches story of someone who has come from nothing and risen to the top of the corporate hierarchy. Unfortunately, the hype created around a CEO’s public persona isn’t always matched by reality. A company built around the profile of its leader should be scrutinised.

2. Aggressive expansion (often internationally)

Companies that suddenly go on aggressive offshore expansion drives tend to use a lot of capital to make forays into markets they are often unfamiliar with.

Many South African companies that have recently expanded into unfamiliar territories ranging from the US (Discovery, Old Mutual) to Australia (Woolworths) and Nigeria (Tiger Brands), had to return home with a “bloody nose”, or report struggling numbers following their acquisitions, Artus says.

3. An absence of cash flow

Poor cash flow is one of the biggest signs that all is not well with a company and the way it manages its finances. This is like someone who has a good job, drives a nice car, lives in a great house or apartment but is always broke.

Companies that are perpetually short of cash and fund their day-to-day operations with credit, are often poorly managed. We think of cash flow as the cash from operations less the capital expenditure required to maintain their assets. The inability to actually produce any cash is a red flag.

4. Significant share issuance and growth in debt

Equity capital is valuable because it is scarce. If a business is undervalued, issuing shares is a very expensive way of raising capital. Any share issuance dilutes existing investors into perpetuity.

Rising debt levels are a concern, says Artus. You are taking from the future and spending today. Not only does that leave a hole that one day needs to be filled, but servicing that debt can quickly overwhelm a business. It is important to determine whether the borrowing is warranted. Very often it is not.

5. Overly complex corporate structure

The more convoluted a company’s corporate structure the easier it is to hide financial malfeasance.

Often companies will deliberately make use of complicated cross holdings, shell companies and an array of subsidiaries – frequently in different jurisdictions – to make it difficult to track precisely what they are doing. This is often reflected in overly complex financial reporting, which can also conceal debt levels or artificially inflate earnings.

6. Related-party transactions

Cross shareholdings and active trading in shares between subsidiary companies can result in inflated asset values across related companies. The share prices go up because of the increased buying without any fundamental changes to the underlying businesses. This is something investors need to look out for.

7. Everyone is investing in it

Avoid falling into the dreaded FOMO trap, or “fear of missing out”. Just because everyone else is investing in something, it doesn’t mean you should be doing so as well. We’ve seen the cryptocurrency craze that pushed up the price of Bitcoin to almost $20 ,000 only to see it crash to under $6 000, all in the space of half a year.

This is precisely how bubbles, such as the tech bubble of the late nineties, develop.

8. Be wary of noise created by fear and speculation

Activist short sellers have been a prominent feature in stock markets for many years. It’s easy to get caught up in the hype when their ideas hit the news. But a disciplined investment process, applied consistently over time, helps to overcome the temptation to pile in (or out) based on the headlines.

“Assessing the risk-reward trade-offs and margin of safety is a key consideration of a robust investment process, and even more crucial amid uncertainty and activist short-seller rumours. Make sure you choose a long-term manager whose investment process takes this into account,” says Artus

Interesting... Very true.

This is why Wanaj0 always screams when you ask him about some stocks.

olasworld:

Please help with the 2 books

Stop falling our hand...

Get it here: https://zerodha.com/varsity/

Infinitisi:


I have a good book that will provide you with a good foundation in analysing company results which you can build upon as you read further.

It's written in such a way that anybody even if you have never seen a financial report in your life can not only read and understand but begin to do routine analysis of financial reports.

If you are interested just shoot me an email and I will forward it to you free.

emmatok1@gmail.com

The index reflects the general market trend for a period of time. The index is a broad representation of the country’s state of economy. A stock market index that is up indicates people are optimistic about the future. Likewise when the stock market index is down it indicates that people are pessimistic about the future.

Infinitisi...

NEW HEAVEN AND NEW EARTH.

https://www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/16#71021725

olasworld:

Oga mi, abeg send me the book

...pls contact @Infinitisi, he will be of help in this regard

Mcy56:

LMAO. Guess he's just pulling your legs. Can one view someone's pic by just knowing his/her email addy or by sending mail?

Very possible, not just your image, even most of your social media handles

NobodyKnows:

She’s a spinster

Ok oooo..... I reserve my comment. Mercy, Spinster ke?

Coolcash1:


Just like he too was behind mercylicious handle then....

Bros, The this table you're shaking no go eaey o

swilo:
Stop falling our hand... Get it here: https://zerodha.com/varsity/

Lol... you have seen why my boss said some wouldn't read it, that they are requesting cos others were.
If they can't read that they are to download it somewhere, how would they read the book itself.

Capitas7:
Yes, it is safe to remove your email now

Oga you quoted him already, do edit his email addy in your mention too.

ItGeek:
Very possible, not just your image, even most of your social media handles

Wonderful! One needs to be very careful with the use of such info now. Thanks.

arduino:
Ok oooo..... I reserve my comment. Mercy, Spinster ke?

Oga, abeg na stock we dey talk here o. I reserve my comment too.