₦airaland Forum

WE NEED TO BE DOING STRESS TEST FOR OUR TRADING PLATFORMS!!!
It is possible we do not do constantly withdrawals on our account as we are faced with the main task of growing our portfolio.

Today I am a little surprised that after withdrawing from our wallet (the wallet is already showing you can withdraw). Then, I observed that after 30 minutes I did not see any alert, this is where CHAKA is different, once you press withdraw, under one minute you will receive the alert in your bank account it has not failed.

I email the platform to say I did not see my money, only for me to be told withdraws take 2 to 3 working days. Okay no problem I will wait.. This is telling us that some platforms may be stronger financially than the other or is it their system? Even Vest that is overseas will take the same number of 2 to 3 days to pay your withdrawal, that I can understand. But if we are in the same location, taking 2 to 3 days to get my money after I have waited one day for the money to move to withdraw state in my wallet is not good enough.

So let us take note. I will not mention the name of the platform for now,but if they mess up, then we will all know their name. We are here to protect our local platforms, we will not spoil their business, we know the challenges they are facing, this is why I will not complain that they are charging commission; how will they survive without charging commission!!! We wish all the plaforms well.

PRE MARKET BRIEFING: TARGET TECHNICAL ANALYSIS
Any time we see NVDA on the most active Premarket gainers list, we should relax our mind that the day is likely to be a bullish day. Especially in this day of trade war between China and US.

Wishing all the best today.

TARGET ANALYSIS MARKET UPDATE- 30 MINUTES AGO
At the Caucus. we do not sweat in our trades. For the likely results for June we have started the compilations, so we know where to focus on. We do Technical Analysis with strong fundamental undertone.

So below is the current state of the major indices.

MARKET UPDATE FOR OPEN OF 2 MAY

Today we will see a likely green day especially if Trump did not say anything contrary (I trust Trump will not allow the opportunity to go, he is becoming a pone ranger in the Tariff fight, his closes ally are keeping a distance due mainly to Tariff issue).

We should not rush and buy Gold related stocks this morning, let us see what Gold Trend will show after 3pm Nigeria time as today is Non Farm Payroll day, Gold signal on this day can move the Gold market considerably and if you are caught on the wrong side, you may have to hold that stock for a longer time than initially planned.

For our Caucus members, we should just continue with our current picks nothing new is happening in the market, just blockchain, China, Technology, Consumer discretionary.

[quote author=yok post=135190763]TRADING PLAN BLUEPRINT- EXTRACT OF NUGGETS PLUS STOCK TO BUY

Today, I place a trade, bought GDXU.

We sold the bulk of our purchase here for a small loss and we bought another stock, AI related (.name given in the Caucus message).

The nuclear power industry stocks are doing well, plus the Chinese stocks coming up. The blockchain side are doing fine.

Avoid buying stocks in SOLAR industry for now. Solar is assumed to be dominated by China, although the industry has been in some trouble before tariff. The tariff has compounded their problem. Also on semiconductor stocks, we should tread with caution as is another US/China Tariff war zone

MARKET UPDATE FOR 2 May GLOBAL MARKET
Looking at the premarket, a bullish day cannot be better that this. The labour report cannot stop this bull, it will only add more to the fire.

There is still caveat in the market. Go only with the strong stocks.

Gains in the market is measured in percentages, not the number of shares you have (the delution that if I buy 2 stocks for $2O, is better than 0.1 of TESLA s no true, if Tesla gain 5%,, My Tesla holding will be worth $21, your stock gains 10% too, your total holding equally becomes $21, but in TSLA, my risk is lesser that the unknown stock going for $10

Premarket figures shown as 13.00hr WAT

Let us have a nice day.

TRADING PLAN BLUEPRINT- EXTRACT OF NUGGETS PLUS STOCK TO BUY
Under entry criteria in the blueprint, as a Nigeria traders, one of the best time you can place your trade is between 6pm to 8 45pm WAT.

Today, I place a trade, bought GDXU.

My intention is to exit anytime from Tommorrow, I am using 20% of my entry price as stop loss. This stop is not big at it is risking just under 1% of my total portfolio. This %loss use to confuse me before, the loss is to be calculated using the 20% of what you are risking in that particular trade as a percentage of the global value of your portfolio, sometime this amount can be really small that losing the 20% makes no dent on our portfolio

Getting this Blueprint before we start trading will be the best. We should know too that there are websites you can get ideas of stocks to buy, then you assess the figures with your trading system (combinations of indicators and rules for entry exit) and know which are the best).

Next review from the trading manual, we will look at a trading system. This is the main benefit of the book. The trading system is one of the best you can ever yet. I have looked at about 500 trading systems, non can beat the trading plan blueprint system. It contained some systems available in "Amibroker Trading system" plus some others, so powerful!!!

yom2:
Who is using trading 212 platform here?

Trading 212 payment may make it difficult for Nigerian as you have to pay in USD and now I think Trading 212 now charge commission. Why not try vest. No commission accept Naira

MARKET UPDATE 30 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE

This market is at the risk of pulling back. If there is no positive news on the economy, the bear may come back.

Looking at indices yesterday, the Meristem growth index continues to show some prospects we can check the stocks making up this!!!

Wishing all a good day

TARGET TECHNICAL ANALYSIS MARKET UPDATE 29 APRIL 2025
Today is looking like a neutral day. Market has been put in a partial state of uncertainty by Trump Tariff. The only person that can fully unchain the market is Trump ( so the whole is telling Trump, we are waiting for you to unchain the market).

Let us buy strong stocks that can ensure our longevity in this market.

MARKET UPDATE 29 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
From global perspective, it is going to be an uphill task for oil to return back to the $75 dollar range and with Trump Tariff likely to reset prices of many items (the global economy may face some headwind). But let us make it a case of we will cross the bridge when we get there, so we should not worry.

Let us enjoy the current bullish run. In the Caucus, we are taking a very brutal approach, focus only on best few stocks in the market. Our major pick this morning is a stock that is likely to find it easy to cost without much sweat and sorry we do not want to buy at high, so if market pulls back today it is game for us

Looking at the indices performance, Consumer goods still led, followed by Meristem Growth and banking. Somehow, I like the content of the meristem growth stocks at the moment, a lot of the stocks currently making gains are there.

Let us have a nice day.

BEING MEMBERSHIP OF OUR CAUCUS IS GOOD
The Caucus idea is really not meant for everybody!!! Why? We want to retail our systems with very few people since, it is the same system we are using in trading our own account.

Recently bothe the Nigeria and Global market has become like each environment to make profit? But, it is not so, our system is what is contributing to our making profit, although intending market is a facilitator. I will say out system is contributing too as there was a time I just said to myself, maybe trading plan Blueprint is not the factor responsible for our profit, I picked random stocks that I want to buy!!!! I was not surprised when I could not touch the random stocks even with a long pole as they were below the standard of the scanns that is produced by TRADING PLAN BLUEPRINT.

On a final note, let whoever is close to Chaka tell them that they should be adding more stocks to their platforms, the fact the many of us are not having big big money in our wallet does not mean on aggregate they cannot generate substantial transactions from us. I believe CBEX experience should tell our service providers that there is money in Nigeria (actually I just over the weekend asked some Market women about CBEX to my surprise they say yes, some of them even invested, but the person mentioned that she investment NGN240K (which true amounted to about $150 as at the time of investment), and she collected 450k, but for feat she took back her 300k and put back 150k, CBEX collapse with her 150k, but was happy to have retained 300k from the 450k. Import of this story is that there is money with Nigerians if a platform can get the right product. So [b]Chaka and co (TROVE, BAMBOO etc please give u[/b]s more stocks and more investment products if possible or we move gradually to better caring platforms that values our money). Doing research with our time, effort and money then coming up with buying ideas but not seeing the ticker on the platform can be frustrating (the commission side we understand, Nigeria is an unfriendly environment for NEPA/Internet to run your business), then asking for the ticker, but the ticker not being availability after so many mails is not good enough.

MARKET UPDATE 28 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Oil is stabilising so we believe the market should still be in uptrend. On the earnings some are really good and we should see one of the expected good ones in the finance sector and MTNN expected turn around result should be out any moment from now.

Our forecast list has be updated with the likes of WEMA bank among others (this is where we knew TRANSCORP, any likely OANDO will have poor result for March) and is for our Caucus members

For last week, the Consumer index was top and Insurance coming second.

Let us have a nice week.

TARGET TECHNICAL ANALYSIS- BEGINNING OF THE WEEK COMMENT
Today is an interesting day, there is virtually no report for the day, so we should see a green day.

Also, Monday is a day that we look forward to, as it gives us opportunity to have some money from dividend to either put back into the market or take way our money.

This is the place to be.

Wishing everybody the body

WEEKEND MARKET COMMENT
On the surface it looks like the Tariff matter is being sorted out. However, it seems the anticipated effect of the tariff is higher prices and there is real fear in so many industries.

For the week just ended, technology sector is still at the top.

The effect of the first paragraph is that we have to be prepared for some shacking in the nearest future. So this is a time to start building our defence line. We can see the price effect on steel stocks, the manufacturers are lamenting that production input are now higher. Even some retailers like Walmart have joined the complainers group. Trump has no option, but to give more concessions.

Wishing all happy weekend. For those who have suffered losses I believe we have learnt our lessons. We have no option but to come back. There are few markets tat can give the return we get from the US market l, but it is just riskier for the Nigerian market and may not be a good ground for buy and hold investors. You have to learn when to buy and also be prepared to sell, even good stocks like TESLA, AMZN etc. And finally you need a trading system like Trading Plan Blueprint

TODAY NOT A BAD DAY IN THE MARKET
Today is not a bad day in the Global market.

People may find the Global stock a little bit challenging, compared with Nigeria market. Part of the reason is that Nigeria market has about 50 active stocks on the average. So I can always manually go through the chart for each one on daily basis.

But Global market has over 11,000 tickets, how do we know the one to buy. How, can we scan through the universe of stocks everyday to know what to buy. And unfortunately you are trading against professionals (do you know that many traders employed by the big funds/banks to trade biotech stocks are Doctors with biotechnology/science degrees and you think you can beat them easily on your own investing in biotech stocks, okay I wish you good luck.

We need to fortify ourselves with good knowledge, most of which are not free to survive here. And some of the guidance/resources we need like membership of the Caucus are cheap compared with other subscription services.

I wish I can always post free stock picks for everyone, but it is not possible. Knowing what to buy involves a lot of. hard work. People who have had the opportunity to be part of the Caucus can attest to the various places that we get our research materials from but yet we have to put the ideas in our Trading Plan Blueprint to come up with the final selection.

Wishing all more profits on this market.

MARKET UPDATE 25 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Bullish trend to continue as China US feud subsides. This good news is making oil to be more stable.

In terms of expected results, we should see a lot of good performance and we are picking some ideas from our Caucus message.

Chams performance has not been stable. Likely to have lost a major client, but recovered a little by the 4th QTR so we should not expect big change in previous year.

Transcorp March result will be lower than 2024 figure all things being equal.

The indices show what is the position as at the time of this post (live summary for this morning)

Wishing all the best.

TARGET TECHNICAL ANALYSIS EARLY MORNING COMMENT 25 APRIL
This market is singing " Q bullish day"

With news like this this market cannot be dull. We should make hay when the sun is shinning. Let us not forget our Coffee can. And if you are late to the party and we have finished the meat, we will gladly sell and leave the bones for the late comers.

TESLA SEEMS TO HAVE ESCAPED ANY PUNISHMENT FROM THE MARKET
The stock is rising up today along with the other stocks. Why will Elon no sing "there is no sin too much that the market cannot forgive, if you have right connections"

TARGET TECHNICAL ANALYSIS - MARKET UPDATE
Market this morning is indicating the likelihood of a pullback today and due to our experience in the market, for the 1st time, I fell comfortable and agreed that a pullback is necessary.

Yes, the pullback will enable us to do away with some of our risky positions that are in profit and then move the proceed to stronger stocks (sounds like a no brainer)


So wishing everybody a good and prosperous market.

MARKET UPDATE 24 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
For the Nigeria market, unstable oil price is likely to put a cap on the upward movement of the market. But for now let us see how far the earning season can advance those stocks with good performance.

Today we want to view another stock that the earnings may not be fantastic: OANDO. But some oil stocks will still do well in their match result, like ETERNA. Our Caucus message have more details on this.

From our side the UBA report is below expectation. Generally core banking stocks are currently losing some grounds to FinTech. For urgent cash need the fintechs seems to be better especially for the market women and people who transact businesses with moderate amounts. How may times have you experience bad network from a POS operator such that you left without doing your transaction, likely nill (the POS will have about 2 of 3 service providers for which one must work), for some bank branches ATM not able to dispense cash/no network is fairly common, especially in areas where there are low income earners, I don't know if the bank branches are doing it deliberately e.g in Oshodi. So, if the banks are not experiencing outstanding performance we should not be surprised, and some part of this is self inflicted by the banks (some people may not need to visit bank for a long time, especially if you are in an environment where cash changes hands rapidly).

ELON MUSK SCORED F9 AND MARKET NOT READY TO PUNISH HIM
What is this, market is doing ojoro or favoritism. Tesla is among early gainers for today. So Elon is already singing go and son no more. Let us see if market is truly partial, next one week will show.

I saw on Nairaland front page that result went down 71%, is this stock suppose to be gaining? Fundamentalists over to you.

HELLO ALL WELCOME TO ANOTHER INTERESTING DAY
Today will be another green day. Let us make us of this bullish trend. Buy quality stocks that can withstand the trying time which will always show up. We should take risky trade with only a small portion of our portfolio.

Today is not a day to be too technical, but technical is the good market timer. Members message has shown the best stock for the day. Attached is the sector performance for yesterday l, but we may discount this as the market is just waking up and most stocks will rise.

Wishing all longevity in this market.

22 APRIL 2025 NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Market was fair for the day just in line with global market perspective. With oil as key factor and US/China factor holding down oil price, now with Trump likely confirmation of soft pedaling on the feud, we should see more green days in the market.

Indices wise, Consumer goods sector was top yesterday followed by Insurance . Looking at our proposed trades our of our list, UCAP should be one of the stocks in focus.

The likely performance of the banks looks somehow,it seems the fintechs are taking away more business from the banks (surprised that for 4the QTR 2024, looking at the 3 months alone, FCMB made a loss (likely due to loan impairment provisions), no wonder for March 2025 we see a lower figure compared with the 2024 figure.

We have updated the profit forecast for NAHCO and FCMB. FCMB will likely see a lower Profit in March 2025 l

TODAY IS LOOKING GOOD
We should still be on our guards, let us remember TSLA result will be known tommorrow and if it is bad, it will drag down the market. The only saving grace will be Trump coming out tommorrow to probable announce a reduction on China Tariff.

We fold our arms. Let us see what tommorrow will bring.

123ABCXYZ:
Are any of the NGX index listed to trade anywhere?

Shocked to see what the Nairaland bot banned many time now appearing as posted is embarrassing!!!I made only 1 post!!!

MARKET TODAY IS LOOKING VERY CHALLENGING

For today,buying something that is safe is extremely difficult. So best option is to stay out of the market.

*WEEKEND GIST- NIGERIA/GLOBAL MARKET AGAINST 22 APRIL 2025*

Nigeria market was down for last week, but the new week may change the story. Also as we have emphasised, our messages will try and point out the best stocks, equally some of the information contained in our messages like the profit forecast are very important, users can use it on their own to discover good stocks, we pointed out Nigeria Breweries as one of the stocks that will have a good March 2025 result, this was confirmed by the actual result released during the week, we expect something similar to this from VITAFOAM among others. For the full information let us check our profit forecast (we are adding more companies by Monday)

Another point we want to emphasis is that the banking stocks are not likely to show substantial good performance in 2025, that will be in tune with their capital base after raising new money recently.

For Nigeria market Consumer goods sector was the best indices for the week, the following week, we should see the oil stocks improving as the price of oil improved in the last 2 trading days in the global markek.

So let us look forward to next week with some level of optimism that we may likely see some recovery in the market.

Wishing everybody happy holiday. On a closing note,for those of US in Nigeria, we see what is going on on the CBEX matter, the market is not easy to trade, (for those in Global stocks) if an investor bought JNVR and made profit of about 75% in 2 weeks, but about the 3rd week the stock dropped by 30%, so we can see that making profits of 100% for every month consistently is not possible (a fund making 25% every year will rank amonthe best in the industry), so where will 100% increase on our investments come from?

Market Update 21April
The athmosphere is filled with risk. Today is our a day for blockchain stocks. Gold continue the uptrend and oil still lagging behind.

The tariff issue is still unsettled, Trump is holding the whole world by the throat, if Trump soft pedal on tariff, we may see the bearish trend fading away. For now we should focus on quality stocks or stay away from the market.

*WEEKEND GIST/EXPECTATION FOR THE NEW WEEK 22 APRIL 2025*
For the Global market, the atmosphere is still cloudy, we don't know if Trump will pull something new out of the Tariff hat of tricks (wonder how one man can be holding the whole world by the neck like this?). However, there is definitely more pressure on him and everybody is putting the blame for whatever befalls the dollar as a currency/ the stock market on his front door.

So for global market we should still be in risk off mode, only buying the best of stocks. The new week is a week or reckoning for Tesla with result expected after close of market on Tuesday, there is high probability that the result will be a bad one, so we continue to say Tesla is not a stock to buy for now.

Which stock are we buying on Monday: For Monday we continue to focus on blockchain stocks (list for Caucus members only). Also, in the medium term , Oil stocks should do well (AI requires a lot of power, this is part of the reason that the American Government has not been able to enforce the restrictions against Coal stocks,equally this week the oil Companies added more rigs to their operations after some period of inactivity).

Wishing everybody happy holiday. On a closing note,for those of US in Nigeria, we see what is going on on the ponzi matter, the market is not easy to trade, if an investor bought JNVR and made profit of about 75% in 2 weeks, but about the 3rd week the stock dropped by 30% , so we can see that making profits of 100% for every month consistently is not possible (a fund making 25% every year will rank among the best in the industry). So where will 100% increase on our investments in one month come from? It is cannot be possible on a consistent basis.