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Investment / Re: Us Stocks Pick Alert by yok: 4:14pm On Apr 19
MARKET UPDATE 19 APRIL
In a volatile market like this defending our capital is vital. So, we need to watch our stop loss closely.

Investment / Re: Us Stocks Pick Alert by yok: 4:00pm On Apr 18
TARGET TECHNICAL LIVE MARKET UPDATE 18 APRIL
Market looks good today, some optimism is returning. What I even like more about the state of the market today is that, there is fewer news that will disrupt the market. The only news that may pose some challenges is PCE next week Friday.

Energy and Teh sectors are not looking bad. And buying some beaten down stocks for the "coffee can" is equally okay.
Investment / Re: Us Stocks Pick Alert by yok: 10:36am On Apr 17
MARKET PLAN FOR 17 APRIL 2024
With rate likely to stay same or go up if inflation increases, the FED has now let the market to find get own level. Temporary we want to slow down and our guide will be the chart of our indicated stocks going higher above the opening price after 30 minutes of market opening.
Investment / Re: Us Stocks Pick Alert by yok: 7:54pm On Apr 16
LET US BE READY FOR A TOUGHER MARKET
The unexpected has happened, inflation has won the fight against rate cut expectation.

https://www.investing.com/news/economy/powell-says-recent-inflation-data-point-to-need-to-keep-rates-higher-for-longer-3380757

Now we need to add some shorting to our strategies. So it is back to the drawing board.

We will not panic, now it is the quaterlibg earnings that will determine the next direction of the market. Now the dollar is going to be stronger? What are we to do. Let us face the task of Managing our trades. Trading is serious, this is the reason we should avoid distractions when we are planning our trades.

At a time like this quality of our stocks matter. It is very unfortunate that we will see more people being washed out of the market. So expect some people to become quiet, some people that you see that have made comments may not be able to make comment aga, due to dicipation of their trading capital

Investment / Re: Us Stocks Pick Alert by yok: 3:56pm On Apr 16
MARKET LOOKING PRETTY DIFFICULT TODAY
This is a point where book fundamentals can make somebody mad. However, the chart/what is happening live will give us the headway. One of the thing we need to learn at a time like this is how to edge our portfolios (in Cas we do not want to sell the stocks that are likely to be impacted by the downturn).

Wishing everybody the best. Again China is dissapointing, as it is trailing the issue that US is contending with.

For those of us using brokers with zero commission, going in and out of the market frequently should not be our worry, as commission burden is off our neck.

Wishing all the best. We should avoid panic, we should do what we need to do (get out, wait or hedge) as necessary.
Investment / Re: Us Stocks Pick Alert by yok: 10:55am On Apr 16
TARGET MARKET COMMENT FOR 14 APRIL 2024- US MARKET
Today is a day that NO ACTION may be the best action.

Market looking bad for both commodities and stocks. However, we want to see what the 2 Fed speakers will say on the update for rate cut.

Generally we are preparing for the short side, but this may be too early. We are looking at China (Government has done a lot of things to ensure the market picks up, but nearly all incentives are still not effective). This China situation is nearly similar to what Nigeria will go through, if the Government policies have destroyed the foundation for which business growth (Government was chasing Jac Maa all over the place and even stop him from doing IPO for one of the businesses at a time). Now some of the Chinese entrepreneurs has moved their businesses out of China for good, so all the Government policies for business growth now seems to be like future trap and son the big businesses are ignoring any need to grow their businesses in China. So, we have to approach opportunity to buy Chinese stocks with care, but we hope the present Govenment incentives will yield some positive results.

So today, we should keep our cash market is looking very dangerous. We will have a better few after the market consider the pronouncements from the 2 Fed speakers
.

One of our plan is to short gold and the others will unfold subsequently.

Also for Nigeria market, the current zone is good area for big money to sell, so we may see more pullbacks (and more is still expected, as the Government is still in the stage of being hostile to businesses)
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by yok: 4:17pm On Apr 14
yok:
NIGERIA BREWERIES STOPPING OPERATIONS ON SOME PLANTS
This may not be that fresh. Sorry, I don't read news so much. I am more conversant with the charts.

Okay. Is old news. My big worry is that this Government and some people did not know what damage this Goverent has done to the economy. In 2 years time we will see the extent of damage. This is a Government many business people do not trust (like one MD of a business, the business is small probably generates turnover in single digit billion Naira range, the person express fear for businesses when we have a tax contractor (Alpha Betta related) as our President. Except something change for the positive from the Government side, so many multinational will exit and many local business may become history. It is already happening with the worsening power situation plus the less power now available now commanding double the tariff rate that was in place before this new hostile Government.

No wonder in our private forum, we observed that no Manufacturing stock is in buy zone these days. Then we just said, the answer is clear, look at the recent results/projections for next few quarters, only a good gambler will buy the manufacturing stocks with confidence or someone is using stolen funds (we know where the bulk of the funds are stollen from, the Government covers of course)

Okay let us see what will happen in the next 2 years? .
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by yok: 4:05pm On Apr 14
NIGERIA BREWERIES STOPPING OPERATIONS ON SOME PLANTS
https://nairametrics.com/2024/04/12/nigerian-breweries-to-suspend-operations-in-two-of-its-nine-production-plants/

This may not be that fresh. Sorry, I don't read news so much. I am more conversant with the charts.
Investment / Re: Us Stocks Pick Alert by yok: 9:41am On Apr 14
MARKET IS ABOUT TO DO A Reset!!!
As we prepare for the new week, we need to slow down on buying. If nothing unsual happens to keep the bullish expecting alive, we may see the bear on full throttle.

So we should be prepared to take some of out money out of the market (temporarily). Then we should be prepared to start playing on the short side. From the look of things, among the 1st casualty of th8s bearish move may be the Gold stocks.

So, not a time to panic, let us look at our portfolios on Monday/Tuesday, we should see how the market is playing out and then see other sectors that will be bearish (Gold and blockchain industries are pencil led down already).

Wishing all the best, at a time like this no stock is safe, a big bear is likely to bring the prices of most stocks down including the blue chips (you can can check the price chart for: VZ, PSX, T, PFE etc they are I strong downtrend). Agains, conclusion is don't panic, mark down those stocks you need to sell af chats are bearish, not those you are to sell and take profits and you may rebuy at lower price. Losses are normal ( but we should keep them to manageable level, 25% of our purchase price, if you are well diversified this should be around 2% of your portfolio value). This may also be an opportunity for some of us with too many stocks in our portfolio (some have over 40) to look forward to consolidating some of the stocks such that we will have a portfolio that make us to forget that we even have some stocks, only for us to check one day and see that we have a stock that has been falling heavily, which we should have sold long ago).

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Investment / Re: Us Stocks Pick Alert by yok: 8:04pm On Apr 11
MARKET IS RECOVERING 11 APRIL 2024
We should be happy and for active people like me, this zero commission by some brokers is a game changer. Now all I need to concern myself is take the good trades. It is either no commission or just 1% to 1.5% commission.

However, Chaka need to look at their policy too many good stocks are not on the platform, it is now when they become expensive that the platform will now add them. We know they (Chaka are deaf, I don't know they are dump too[/i]). As much as possible we will do whatever trade is possible on their side, and then take the rest of our trades somewhere else (TROVE IS A GOOD ALTERNATIVE).

Today, we add more to our [i]NVDA
position. The stock has good pullback pattern today. To find the trade, we sold one of our slow moving oils stock BTE
Investment / Re: Us Stocks Pick Alert by yok: 7:27pm On Apr 10
A TOUGH DAY IN THE MARKET TODAY
For today we continue playing on the defensive, we added more to our dividend paying portfolio, bought PBR and added more to our crazy dividend paying blockchain ETF.

For this market, we are taking things more serious. The biggest loss we will allow in any postion will be 25% ( at least we can recover from this fast, and would be be fat less than 1% of our total portfolio value).

Actually, our magic is dividends, we do not bring new money to the market. Also, we can flip our underperformibg stock to buy a better one. For whatever Fed will say, tommorrow we will see it. Earnings or CPE may come to the rescue of the market.

Wishing everybody longevity in this market. Not easy but we continue to improve on our tricks of dealing with whatever market may bring.

2 Likes

Investment / Re: Us Stocks Pick Alert by yok: 4:01pm On Apr 10
CPI IS NEGATIVE WHAT NEXT?

Naturally immediate effect is negative, but we should wait till later today for Fed February minute, plus tomorrow's CPE report.

The Fed has a very tough job of doing the needful to keep the hope of Democrat presidency intact. Either by hook or crook, the Government will try to ensure that rate cut do not disappear from the scene. Let us fold our hands and be looking.

Equally, let us see it tge current earnings season will be as good as tge last one.

Nevertheless, let us be ready to manage our risk. Market can go anywhere and all we need is just play along. We should be prepared to short if necessary or ready to stay on the sideline.

Wishing all the best.
Investment / Re: Us Stocks Pick Alert by yok: 8:25pm On Apr 05
THE MARKET IS KEEPING US GLUED TO THE EDGE OF OUR SEATS
The market is highly volatile at the moment, next week would be worst as we expect another inflation data on Wednesday and tge easy GDP report on Thursday.

These days, I do not bother about news. The charts tells me what the news is and what I do is assess the news based on what the charts are telling me. Like today, the chart is telling me, to be prepared to continue taking profits on my bitcoin related stocks and that generally, AI should have some cash set aside to capitalized on lower prices that are coming soon.

I NOW realize why best services are from paid subscriptions. A serious service provider will be on his desk working out how to make the subscribers profitable. Trading with your winnings wiping out your profits and for months you don't see growth in your accounts is not an interesting situation!!!

We must be prepared for hardwork and readiness to pay for necessary resources whether it be fast computers or paid signal services. We cannot know everything (it is not possible), we may need to pay for seminars/books/tutorials.

So, for our caucus we will only buy strong stocks as defined by RS, not the more popular RSI

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Investment / Re: Us Stocks Pick Alert by yok: 11:17am On Apr 04
MARKET PLAN FOR 4 APRIL 2024
The Fed people are trying (but we hope it is not the Government that is pushing them to ensure that market does not go down, TRUMP is an entrenched friend of the market, so democrats may want to show the businesses, that democrats too love the market (again this is bringing the situation in Nigeria into mind, when everybody wanted to buy the shares MSCI Nigeria was selling and fundamental did not matter again). So, this is a good idea we can play on.

Happy investing. We look forward to another green day. Market is not easy, but we can learn to navigate with time and a good guide.
Investment / Re: Us Stocks Pick Alert by yok: 6:09pm On Apr 03
THE FED IS NOW OUR FRIEND
It seems anytime FED people are speaking, the market must go up. This was nit tge case before!!! For our caucus, please check what we bought today. It is just in line with what I have been posting here. In

1 Like

Investment / Re: Us Stocks Pick Alert by yok: 6:20am On Apr 03
WHAT DOES THE MARKET HAVE FOR US TODAY:

MARKET PLAN FOR 3 APRIL 2024
Looking at the activities in the early morning/Asian season. Highly probable that we see some recovery today's as per the pre-market gainers having some heavy weights [/b]from S & P 500 showing up in the gainers list.

Also looking at intermarket analysis, GOLD still has some postive move to make, while Oil
looks fairly weak.

[b]Happy day to all. Again we remember our GO (OAKPEAL) today. God should continue to protect him and the anointing to read the market should increase and for us (AREMSO, ZAGEE, PENBOY & Others that I have not name) let us keep the flag flying "THERE IS MONEY HERE"wink

3 Likes

Investment / Re: Us Stocks Pick Alert by yok: 9:11pm On Apr 02
TO TRADE WELL IN THIS MARKET ONE NEED LONGEVITY PLUS AN EDGE

Market is down today. It is okay not too suprised, the profitable traders need to cash out from time to time.

No, I am getting to the point where, I can say I am using some dangerous scanners. Yes, I use technical analysis, buy the technical analysis only pick up "alpha stocks". So, I can say the technical analysis incorporates some element of fundamental analysis.

Just like a member in our caucus asked me if I am buying stocking trading at 52 weeks high, I said no and true I went to scan for stocks at 52 weeks high, for me this 52 was just like a random picks of stock without our kind of quality.

So, I will ask that we should continue to be students of the market, fir example today we bought PBR fot our coffee can position (if you are hearing coffee can for the 1st time, please google "coffee can investing strategy so you understand what I am saying.

Wishing everybody the best. If you are in blockchain stocks, let us defend our postion by ensuring that profits does not turn to losses. tongue grin cheesy
Investment / Re: Us Stocks Pick Alert by yok: 10:22am On Apr 02
MARKET COMMENT 2 APRIL 2024
Today a lot of traders are going to sweat in this market. It is time to take some profits off the table especially in blockchain stocks.

Let us take profit, it is sometimes necessary. Opportunities in CHINESE, and metals/materials
Investment / Re: Us Stocks Pick Alert by yok: 12:40am On Apr 01
MARKET OPENING BULLISH ON THE 1ST HOUR OF THE AUSTRALIAN SEASON
When the US stock market opens, we are likely to see the bulls opening the dance floor for the week.

This is a good time to be in this market. The market has sidestep all the bearish bombs!!!
Investment / Re: Us Stocks Pick Alert by yok: 9:10pm On Mar 29
CPE INFLATION FIGURE WAS FAVORABLE
On Monday we look forward to the market opening on a bullish note.
Investment / Re: Us Stocks Pick Alert by yok: 6:09am On Mar 28
WHAT IS MARKET EXPECTATION ON RATE CUT
Expectation of rate cut is what is keeping the market bullish (FED has assured of rate cut, but the time it will start is uncertain). We need tave this behind our mind so that when we see anything rate cut, we need to read the article to the end (will rate cut in the future still happen? This is what is important) . Actually for political reason, it will be suicidal to totally abandoned rate cut, to abandon rate cut mean the risk of democrats losing the election is higher and may mean handling the Presidential ticket to Republicans. The US is not like the undeveloped world like Nigeria where the welfare of the masses is taken for granted (rate hike means higher prices for goods/more suffering for the common man on the street) ,

Also to understand further, Le us read this:https://www.investing.com/news/stock-market-news/us-stock-futures-edge-lower-as-hawkish-waller-cools-rate-cut-hopes-3356004

Rate cut is a torchy matter, I am sure the FED are having a tough time on this rate cut matter. However, to align with the Government political objective (avoid saying or projecting that Government does not care if people will suffer), FED are having a heculian task, especially if inflation keep rising!!! On the whole, technical analysis will help us in knowing what to do without having to know too much economics or predict the future, we move along with the market dictates!!!

Conclusion: bullish hope is kept alive, all hinged on expectation that rate cut will happen, starting sometimes this year!!!
Investment / Re: Us Stocks Pick Alert by yok: 9:12pm On Mar 27
SOMEHOW THESE DAYS I DON'T FOLLOW NEWS THE WAY I USE TO DO AGAIN?
Focus more on the technicalities of our trade seems to be paying off. Like I told the Caucus the stock I am buying today just 2hrs ago. I explain that market today look risky. But L, despite that the trade will close on postive side from day 1. Looks good.

No, my worry is not trade entry!!! And I know majority of out trades ends in profit. My big headache now is keeping the losses small. Our trading books gives the idea as 8% or thereabout (I am taking on trade by trade basis, if 2% of our total account, this should still mean I should sacrifice about the 20% on trade by trade bases). Okay, we continue to see how to perfect our stop loss. Losses are annoying but we just need to acknowledge that we must be ready to take losses, as long as we are trading or will continue trading.

For today, it was another profitable day on our portfolios, yes our members expects this and will not be suprised, especially when we take sector rotation as a key component of our system. Those of us that have just started reading trading books, take note of sector rotation/top down approach, very key concepts
Investment / Re: Us Stocks Pick Alert by yok: 12:43pm On Mar 27
WHAT WE SHARED IN OUR CAUCUS GROUP TODAY
Blockchain and Marijuana are among the 2 sector that are currently in play. For blockchain, we are in already and we mentioned one stock that will be in the books of every blockchain ETF, today again we mentioned a Marijuana ticker that is doing shares buyback, a weal company will not buy back shares, so we are to take position in this stock.

Wishing all the best.
Investment / Re: Us Stocks Pick Alert by yok: 12:26pm On Mar 25
WHAT IS OUR MARKET EXPECTATION FOR TODAY
We expect a bullish day today. One of the reason for this is the US Parliament and President approving the spending budget over the Weekend.

Market has been very good, especially for blockchain stocks. However, we need to watch our portfolio to avoid a situation where we become too heavy on blochain related stocks.

We should continue to keep our ears close to the ground for inflation related matters. Again, in many continents, inflation is giving indication of rising again. Let us see how the world powers will handle this unfortunately, there is no strong leader that has the kind of weight to convince the oil produces to increase their quota like Trump.

For the newbies that want to lean on their own, this is good but be ready to suffer some losses that may likely be more that what you will pay for any subscription service (we are talking practical here). For example, d you know that in most of the books you may not see any thing like: short ratio, put/call ratio etc. The market is just too complex to try and learn on your own. As I individual, I paid for subscription services and trading platforms, and for me it was money well spent, I did not even feel I was paying anything looking at the benefit I was deriving. We can compare this to the time Passfolio introduced advance order capabilities (they retain your advanced orders till it is cancelled, no matter the number of dayd unlike what is available in chaka) , when stop/limit orders are canceled at the end of each trading day. I enjoy this so much, as on many occasions I wake up to see my sale proceed resting in my account when my stop order is hit while I was sleeping or away from my system.

Wishing everybody a profitable day.
Investment / Re: Us Stocks Pick Alert by yok: 6:46pm On Mar 22
MARKET LOOKING TOUGH TODAY
Today we are not buying anything. Also our positions are not threatened, so nothing to sell.

We hope Monday will be better. There is no big news next week that can be scary. GDP on Thursday and CPE on Friday, no big deal, GDP should be okay, CPE may not be too good (but no damage is expected to the uptrend)
Investment / Re: Us Stocks Pick Alert by yok: 8:57pm On Mar 20
Penboy:
Powell decision not to cut rate again after the FOMC meeting. Interesting times ahead. He really want to get inflation under 2 percent. Crazy times.

Please we are no jokers here. Do not give fake news. This place is for serious investors.

We can all check: https://www.investing.com

Investment / Re: Us Stocks Pick Alert by yok: 4:36pm On Mar 20
yok:
MARKET IS STARTING ON A DULL NOTE TODAY- BUT LIKE THE BEHAVIOUR IN THE LAST 3 DAYS LIKELY TO PICK UP LATER IN THE DAY

[quote author=yok post=129017487]MARKET IS STARTING ON A DULL NOTE TODAY- BUT LIKE THE BEHAVIOUR IN THE LAST 3 DAYS LIKELY TO PICK UP LATER IN THE DAY

It is the one we told our member we bought (we bought, not that we tell them to buy, so for us this is high conviction trade). Yes we bought this bitcoin stock yesterday, talk of any chart pattern (double bottom, demand zone, Fibonacci retracement it is there etc). We kept our stop loss at 8% here. If this trade fails (it is a possibility), then something fundamental may not be right with the stock.

- Oil stocks are good, but we will not chase any of them, we want to buy around 50% daily RSI level.
______________________________
Market as at today 20 March 2024 going as planned.
We let our stocks do thier things.

As a pioneer of this forum, we have a good plan for visitors here. But we do not want to talk before we act, we will unfold our plans in practice soon. Like I tell people our system is for our internal use. For those in our caucus, we are revealing our system to them little by little. I can say that I subscribe in the past to barchart/other services too in the past. So if I am no giving free info, except when I feel so, I am not guilty. Getting good trades takes time, even sometimes you get lost in research process.
Investment / Re: Us Stocks Pick Alert by yok: 4:34pm On Mar 20
yok:
MARKET IS STARTING ON A DULL NOTE TODAY- BUT LIKE THE BEHAVIOUR IN THE LAST 3 DAYS LIKELY TO PICK UP LATER IN THE DAY

It is the one we told our member we bought (we bought, not that we tell them to buy, so for us this is high conviction trade). Yes we bought this bitcoin stock yesterday, talk of any chart pattern (double bottom, demand zone, Fibonacci retracement it is there etc). We kept our stop loss at 8% here. If this trade fails (it is a possibility), then something fundamental may not be right with the stock.

- Oil stocks are good, but we will not chase any of them, we want to buy around 50% daily RSI level.
______________________________
Market as at today 20 March 2024 going as planned.
We let our stocks do thier things.

As a pioneer of this forum, we have a good plan for visitors here. But we do not want to talk before we act, we will unfold our plans in practice soon. Like I tell people our system is for our internal use. For those in our caucus, we are revealing our system to them little by little. I can say that I subscribe in the past to barchart/other services too in the past. So if I am no giving free info, except when I feel so, I am not guilty. Getting goid trades takes time, even sometime you get lost in research process.
Investment / Re: Us Stocks Pick Alert by yok: 10:45am On Mar 20
MARKET IS STARTING ON A DULL NOTE TODAY- BUT LIKE THE BEHAVIOUR IN THE LAST 3 DAYS LIKELY TO PICK UP LATER IN THE DAY

The biotech stocks seems to be too many. Too many of then are making some scans to become too lengthy. The volatility of the market is high and here are what I can discern from the market immediately:
- Blockchain stocks have quiet accumulation going on, so we are bullish on them- Will mention one latter today, if we do not mention, please forgive us as we have given all necessary clues. It is the one we told our member we bought (we bought, not that we tell them to buy, so for us this is high conviction trade). Yes we bought this bitcoin stock yesterday, talk of any chart pattern (double bottom, demand zone, Fibonacci retracement etc). We kept our stop loss at 8% here. If this trade fails (it is a possibility), then something fundamental may not be right with the stock.

- Oil stocks are good, but we will not chase any of them, we want to buy around 50% daily RSI level.
Investment / Re: Us Stocks Pick Alert by yok: 7:32am On Mar 18
PREMARKET IS GIVING INDICATION OF A LIKELY BULLISH WEEK
The stock market athmosphere is full of optimism. Tech, blockchain oil sectors looking good.
Investment / Re: Us Stocks Pick Alert by yok: 8:49pm On Mar 14
Market Pulling Back Today Is Expected
We are in the topple Witching day zone. So, with high probability on the bearish side. We should expect more pullbacks tommorrow. Monday will be the final opportunity for bears, thereafter the market should return to normal late on Monday. So for today and tommorow we should keep our stocks tight and be ready to take profits on so. E 9f our postions. For today, tommorow and early Monday we do not need to rush this market?
Investment / Re: Us Stocks Pick Alert by yok: 2:31pm On Mar 14
DAYLIGHT SAVINGS ENDED 10 MARCH 2024
Yesterday I was trying to sell a stock around 9.40pm Nigeria time not knowing market has already closed by 9pm WAT.

Latter I confirmed that trading time now 2.30 to 9p.m WAT. We will enjoy this time till first week of November. So, let us keep this in mind.

Happy investing.

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