anjilgreat:


They were actually referring to Julius Berger shares in the NSE.

OakPearl:
This house � is too quiet for all the activities going on in the market.

Abi the system ban everybody like me?

I was banned and my post taken down immediately after I posted about SNOW on the morning of their IPO.

Nairaland mods una well done oh.

Ibrahim505:
I bought an apple at $112, it rose to 123 and i refused to sold it thinking i am a smart investor it has now fall to $106. Trading is not easy.

OakPearl:
This house � is too quiet for all the activities going on in the market.

Abi the system ban everybody like me?

I was banned and my post taken down immediately after I posted about SNOW on the morning of their IPO.

Nairaland mods una well done oh.

4Play:


I get it! I suspect you missed the rally in US equities from March.

I am probably known on this thread for being a party pooper, insisting ad nauseam on extra caution but I have also learnt over the years not to fight the Fed. In equity valuations, cost of capital matters and present Fed policies puts a floor on how low market corrections can go. This will eventually change but not yet.

Because we have rallied for months, I had reduced my net long positions before the current correction and presently have 60% of my portfolio in cash. But I am still open to buying quality companies for the long term, bought Lam Research on Friday at 298, and of course the occasional opportunistic small speculative trade that catches my fancy.

BullBearMkt:

@4Play, a good buy of LRCX. The stock seems ready for a buy swing trade...

With the 2 week LRCX candlestick showing bullish engulf, Lam Research Corporation may be ready to rally up to re-visit the Bearish Order Candle ( BOC ) at $347.19. Depending on market open on Monday, a gap-up above current price would likely be good to enter the stock at 306.22 while gap-down below current price might be good above 292. There is possibility for the stock price to drop to 270.

Risk: Market sentiment remains bearish .

BullBearMkt:
Why Iam Still Bullish Medium Term On S&P500
S&P500 higher-highs and lower-highs structure on the weekly are still intact with the recent low located at 2934. This low needs to be violated or price break below it before medium term structure turns bearish , but as long as the low at 2934 is not violated, bullish trend still remains. Price potentially can reverse above 3019 to retest the bearish order candle at 3400 or swing high at 3600.

PLAN YOUR TRADES AND TRADE YOUR PLANS

afroxyz:


As we get closer to the election, the S&P woukd be going down. The market is already showing serious signs of exhaustion for the past one month

Jayjaycee18:
$SINT ($1.95 now): Expecting a huge bullish run in the mid/long term. This coy has medical patented technology that incorporates silicon nitrate into consumer face masks that will catch and kill Covid-19 and Influenza A viruses.

Not a recommendation to buy. As always, DD is required before buying any stock(s).

Disclosure: I started buying this stock yesterday and hoping that this stock would stay under $2 so i can build up volumes before the potential bull run.

4Play:


I am holding this for the long term (I always say that and get excited and take profits early). But in all seriousness, I think it's a quality company to buy and hold for a few years and I would only reconsider if the policy/economic environment were to severely deteriorate.

As for the technicals, you are right. It does look like a potential inflection point has developed. I am a keen user of simple moving averages (SMA), particularly the 50, 100 and 200 at day, week, and month intervals. It's held up okay at the 200-day SMA but it's still delicately poised as not much buying has occurred, it's merely kinda gone sideways, bouncing between the 100-day SMA and the 200-day SMA.

Hey! Has anyone else seen how Gamestop performed? I got out early because the fundamentals have sucked but my instincts about the technicals seem to have been vindicated. Rabbi The Oracle thought it was going to $2 when it fell to $6 but it closed the week at $9.47. See screenshot below - that breakout from consolidation on large volume was partly what prompted me to do a quick trade:

BullBearMkt:
Why Iam Still Bullish Medium Term On S&P500
S&P500 higher-highs and lower-highs structure on the weekly are still intact with the recent low located at 2934. This low needs to be violated or price break below it before medium term structure turns bearish , but as long as the low at 2934 is not violated, bullish trend still remains. Price potentially can reverse above 3019 to retest the bearish order candle at 3400 or swing high at 3600.

PLAN YOUR TRADES AND TRADE YOUR PLANS

RabbiDoracle:


Any upswing on SP500 will be sold into and will not last.

It will revert to the mean of 1,800.

By then those investors still hanging on will exclaim : ike gwuru!

RabbiDoracle:


Any upswing on SP500 will be sold into and will not last.

It will revert to the mean of 1,800.

By then those investors still hanging on will exclaim : ike gwuru!

4Play:


Prophet of Doom

There is a good chance of markets declining with all the uncertainties out there but I am not that pessimistic.

BullBearMkt:

...LOL! You can only be tired when you stop to see opportunities in the market. Even in decline, I see opportunity to short the market, but not until buy structure is broken.

RabbiDoracle:




It is not just about saying that there is a good chance that there will be a fall based on the uncertainties. It is discovering it on time and reversing your trades (close longs, open short). This is what smart investors do.

The investing landscape has changed and the world of investing would come you if you don't change with it. More like survival of the fit.

You are not that pessimistic because you don't know where it was coming from, neither do you know where it is going to. If you have arrays of data that you look at, then you will understand that Ike gwuru.

For now, make I keep kwayet and watch.

RabbiDoracle:


You know me na. I will reposition on time and catch on the goodies.

Market structure that was broken since September 3rd 2020.

A chimp that chose her portfolio of Internet stocks by chucking darts at a list of companies has been hailed a financial whizz kid by her keeper. Six-year-old Raven delivered a 213 per cent gain on 1999 outperforming most of the yuppies on Wall Street. Indeed, had she been employed at a Wall Street Mutual Fund, it's claimed her performance would have ranked as the 22nd best money manager in the country -- outperforming more than 6,000 Wall Street pros.

4Play:


https://www.theregister.com/2000/01/13/wall_st_chumps_lose_out/

This story is insightful as it highlights that positive market returns in bull markets are just as attributable to randomness as to skills. We often make money in the stock market, like this year, through sheer luck and not skill. Of course the monkey's [b]returns will deteriorate over a longer length of time,[/b]same as our returns. So being cautious, less egotistical, and upgrading our skills/knowledge will be beneficial.

4Play:


https://www.theregister.com/2000/01/13/wall_st_chumps_lose_out/

This story is insightful as it highlights that positive market returns in bull markets are just as attributable to randomness as to skills. We often make money in the stock market, like this year, through sheer luck and not skill. Of course the monkey's [b]returns will deteriorate over a longer length of time,[/b]same as our returns. So being cautious, less egotistical, and upgrading our skills/knowledge will be beneficial.

Tabuse2024:
I think Rabbidoracle wants people to invest in NSE more...or maybe not. His feedback is valid but overly pessimistic. Even the world renowned most pessimistic economists are not always right.

When the dotcom bubble burst, the world of NYSE did not end, new opportunities were created for the strong and discerning. A strong correction may come, but it will not be the end of the world.

Meanwhile, let's also invest in NSE too, opportunities abound there.

BullBearMkt:

...Yes @RabbiDoracle, I know you. You are more into fundamentals than technical.

If you are looking at short term (Daily), market structure is neither neutral nor bearish, but more of bearish. Weekly and Monthly bullish structures are still intact. There are arrays of market data which I do follow on NYSE, ranging from market breadths (both short term & long term), Smart/Dumb Money Confidence Spread, VIX, Fear/Greed Analysis, Insiders Activities etc.

You wonder why the media are awash with selling pressures in the market? It's to enable smart monies to start mopping up good stocks while dumb monies keep selling. How come Warren Buffet move money out of US was covered by major business media but his activities in mopping up some stocks GOLD, SNOW etc are hardly heard about?

What some people don't realized in US market is what is called sector rotations. Some sectors are defensive while others aren't. The non-defensive sectors have stocks that are more familiar to people and are seriously affected by any "news" while defensive sectors perform "fairly well" even in declining market.

There is no doubt the market will decline (even long overdue for correction) and people needs to be aware of that but the way you put it is to scare away people by being too pessimistic. I would appreciate if you can backup your claim with any data. If non, well, someone like me will brush your posts aside as mere speculations.