DOLLARTEX:
is fbnh going back to 3?

maishai:


love the new look of your site , i nearly confused it with busineess day site until I did not get this message "pls subscibe to read full story"........ Keep the good work alive

Bishopking:


Maybe

BullBearMkt:

...For NSE delayed charting data, check out this link:
https://www.investing.com/charts/stocks-charts

Mftivi:
I would like to contribute immensely to this thread with technical analysis. I crush US stocks no reason I shouldn't crush NSE too, you can also ask me for analysis on foreign stocks too, maybe privately to avoid derailing the thread.

closing remarks, this 2018 and Nigeria no get CFD derivatives mtchew.

Agbalowomeri:
With commodities posed on a long-term bullish run
Appears stock market globally is set for a tough time

Agbalowomeri:


Are you trading CFD derivatives?
That side is loaded with dough
Chai

Agbalowomeri:
With commodities posed on a long-term bullish run
Appears stock market globally is set for a tough time

Mftivi:
I think BNK10 will get some relieve from here but I don't think appetite to hit C is there now, probably will get a failed trend X then we hit new low to make a higher degree WXY correction

Agbalowomeri:


Yeah I see the October hammer but I am just wondering the miracle that will make banks to rally in November

mendes911:


You never want reply your mails?

currentprice:


Look like he has abandon the email. I mail him twice last month with no reply

mendes911:


Not really. He's busy feeding fat on his future derivatives. And Agba doesn't talk whenever he's eating. LOL.

currentprice:


Look like he has abandon the email. I mail him twice last month with no reply

Agbalowomeri:


Yeah I see the October hammer but I am just wondering the miracle that will make banks to rally in November

Cadillac15:


Chiefo. I was around your village last week and met one of your village chiefs

I must confess that your humility here despite your mansions in the village is worth emulating and i want to be like you soon.

If i don vex for you before or talk anything wey you no like, abeg forgive sir.

Very loyal

Agbalowomeri:


Lolz
Bros you still get hangover
This is not Wanaj o

Godlylifeoneart:
NIGERIANS
are daydreaming their way to a poorer future by keeping too great a portion of their investments in NIGERIA despite massive underperformance of NSE indices, Skyrocketing cost of living and a future which looks equally bleak for those trying to grow or even just preserve their wealth.
It's time for Nigerians to invest with their heads, not their hearts. I am advising young investors to invest as much of their money as they can elsewhere in the world. I do not see a single reason why people should keep any discretionary investable funds in this country.

People should keep their house and their pension as their only assets here if they live in Nigeria . But the rest should be invested in hard currency assets that will protect their buying power, which has already been deeply eroded.

Nigeria is now in its longest downward business cycle since the inception of NSE and the performance of its assets continues to reflect this unfortunate reality.

The Naira has lost its value against the US dollar in the past five years and remains under pressure. Investors in Nigerian equities have lagged developed markets, while prices of commodities have increased at less than half the rate of inflation for several years.

The S&P 500, for example, has delivered a total return of nearly 100percent in the past five years, the Nasdaq 147percent and even the 10-year Treasury bond a return of 12percent. The total return in Naira for the Nigerian general equity market over the same period is just nudging 11 to 21percent versus a 131percent total return of the MSCI World Index, also in Naira . But the Nigerian general equity market return rebased to US dollars is down 30 percent. Many popular Equities are also showing negative dollar returns over five years.

A contributor on Nairaland investment forum has seen a sharp uptick in the numbers of nairalanders who are worried about the future here and want to protect their wealth for their families not for the polithievcians.

Despite already being in a downward trajectory , Nigeria is marching on with plans to elect Atiku or the incumbent both of which will spell further doom for the economy, Atiku party has even promised to revert pump price of petrol to N79/litre (suicidal economy promises) while carrying on with an economic and industrial policy which will only make things worse for the country - potentially leading to further rating downgrades, a bailout and sustained or increased high unemployment, further borrowing from IMF, World Bank , CHINESE BANKS and other Lenders.
NIGERIANS are in a "day- dreaming denial" instead of taking hard action.

Much of the advice we read on this forum does not reflect the reality of Nigeria today. People deriving unrealistic FA and TA with fictitious datas.
For instance, it is a long-held belief that local investors and traders should JIJO while some opined on long-term (myself included) . Being completely independent
I will advise local investors to move 30% to 50% of portfolio offshore. (Not traders)
I am banging the table on this one and saying get your money out.

I am advising potential investors to put money in the US despite many predictions that the markets there have run so hard a steep correction is imminent.

The US is the most dynamic, innovative economy in the world. And despite stock price gyrations, for the longer-term investor we think being exposed to many of the world's best companies is a far better play than investing 100% of your investable funds in NSE .

maishai:

Oga pls open a thread and educate us on how to go about it legallyand peacefull without leaving the shores of the country

Mcy56:
E ku bearish Monday market o.

bolabiyi:
bearish ni o.....market dull......#watchingmode

Mcy56:

Lol. Bonanza period approaching