₦airaland Forum

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 16 OCTOBER 2024
Things are still tight in the market, going for strong stock is vital, plus some touch of fundamental analysis (just basic economics, the technical should still be our guide for entry), for example, Gold, Reits, Blockchain, Tech should be winners in the Medium timeframe and we may add Chinese stocks too.

Out recommended stock today is ZIM

MONEY247:
For day trading....
Would be shorting Walt Disney
And Google stocks.....

When you see ideas from faces that are not frequent here, please check their post and see where their area of concentration is. You take ideas like this at your own peril

MONEY247:
For day trading....
Would be shorting Walt Disney
And Google stocks.....

How!!! Please let us stop jokes here. Ideas like this looks absurd!!!

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 15 OCTOBER 2024

For the US market it seems tech has taken over the leadership with strong trend, favouring the semiconductor industry among others.
,

Our stock for the day is any strong stock in the semiconductor/related industry:

HAVING A BROKER WITH ZERO COMMISSION RATE IS FANTASTIC
Whoever started zero commission deserves a Nobel Prize award. It is a good weapon to making us profitable. In our caucus we shared something, nothing new, we are acting on one of me last posts, we ported to Bitcoin side, financial stocks are still good. There is a cheap Brazilian stock that Buffet is involved,that stock should be in our watchlist!!!

WE NEED TO KNOW HOW TO MANAGE THE FISH WE ARE GIVEN- ASSUMING WE WERE GIVEN FISH
I am a little worried of recommending trades!!! Why this?

The reason for this is that once you are in a trade (whether recommended for you, or your own idea; you need an indicator that will tell you when the idea will not work or when you should go for a better opportunity. For example, I recommended (I even bought the ETF) NUGT [/b]. However, I sold the ETF and moved to a blockchain stock in our watchlist. Equally for keen follower here our [b]GO (Oakpeal) recommended RUN, I bought it and I made my small profit and exit on the 3rd day.

Solution here is that we need to have indicator that resonate with our personality, but this involves many trials of various indicators. Even with indicators things may still be difficult (we are like sportsmen, we must have a coach or mentor). The market is ruthless, for example despite the recent gains in Chinese stocks, those that bought at high prices are still in big losing positions, so that should be a practical lesson that we should take small losses, I have taken too losses recently, buy because they were small, I cannot even remember I suffered ant loss as my overall portfolio is still better.

Look for more insights on our practical trading experience, we trade with our money at Target Technical Analysis and buy most of what we recommend, so if our recommendations are not working, we know and we will work at getting better. Our caucus members knows that this day our messages are short, but final result is better than when we write long messages

wishing everybody happy weekend (I have not look at our trading account for today, why, our portfolios are safe and nothing to worry about and come Monday we will do the needful, either to sell or buy). For example on Monday, the stimulus package from China will give more clarity (fear here is that that plan is just too much and people are afraid if the Government can really implement it, it is like too good to be true, to put money in every Citizen's pocket, tell the bank to give loan to people to buy shares, Government to give loans to stockbrokers/Investment Funds to buy stocks, soft loan for businesses? Let see what Chinese stock will do on Monday, will Government proceed as planned of they will step back on the initial plan that got the world to start rushing to China?

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 11 OCTOBER 2024
We just need to have some positions in commodities, METALS,OIL are up.

The market is relatively calm. Our stock need to have some defensive quality. Chinese stocks are still in play. We bought NUGT yesterday

Industry wise, the banking stocks are doing well

Next week, we will give a website where 20% of the technical analysis has been done for you. We will share the site with picks, plus our own selection after modifying with our own internal indicator. First for our caucus members and later for everybody (sorry for this, it is the sponsorship by the Caucus that is making us to still be relevant and useful, therefore we must satisfy our Caucus members first,but everybody is invited )

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 10 OCTOBER 2024
Today the Chinese stocks are making a comeback, regional banks are equally good.

This is the forum to be. I have abandoned other websites for this place, there is money here.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 9 OCTOBER 2024

This is part of what we shared in our cause today.

Market in quiet mode, for Chinese stock we wait till late Friday for probably pullback to buy against Monday, when stimulus package implementation dates would have been announced. So today we are looking to take profit. For our investment in HUYA, once market opens, we can sell if we want to $1 dividend per share is in our pocket by then (today is exdiv date).

Generally today will open low, but later in the day, market will likely become more positive. Reason is the expected FOMC meeting minutes.

We added a new information section exposing new websites we can use for stock research. Our website for today is sent below

Our website of reference today (shows stocks and ETF paying dividend on particular dates) is: https://snowball-we/ex-dividend-calendar/us-div-etfs.

If we do not want to pay for Knowledge, market will take more money than what we will pay to acquire knowledge. If this is not true, just ask yourself where are the people that started this forum with us?

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 8 OCTOBER 2024

Today Chinese stocks want to take some rest.

THIS PLACE IS COOL
Market is making us to smile, sorry for those that do not understand how to get stimulus package from here. So like Aki and Pawpaw have pack their load to get and get stilmulus from China, their dressing showed how Nigeria is treating common man at the moment!!! (Sorry I will remove be the picture later, it is possible bad, after stimulus, from China trip will check how they will look)

We are optimistic about China, the Government there is putting money in everybody's pocket.

So like it use to happen on Nairaland, you if I see any stock, recommendation, I will say "let me go and check something". Just like the stock posted by my go, ALTM, I have check something there, it has some China connection (China consumes most natural resources, as so the stock should be good).

And for our forum, we are bullish about one stock that sound like "SUYA", that is what I just added to my position today.This stock is real SUYA and it like the paragraph above we have checked and confirm that it has Chinese connection.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 7 OCTOBER 2024
Today many dead stocks (like PHUN, etc) are about to resurrect. This is good for the penny stock lovers and will probably extend to the general market, maybe blockchain stock inclusive.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 4 OCTOBER 2024
Labour report is likely to be below or just meeting the consensus figure. This will translate to more rate cut expectations.

Our focus is back to Chinese stocks and we expect a bullish day.

Megapower:
No, this not what I am asking about
I can see these information when I login into my account
In Naija brokerage website you can see lists of offer vs bid in real time and values of each bid and offer
That’s what I am asking
Thanks

Google level 2 quotes and DOM (depth of market) quotes. See if you are able to get what you want. I know this is available. If you were not able to get it, then I will check "trading plan blueprint" and post the site

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 3 OCTOBER 2024
Market May Retrace Today
Medium term, uptrend holds, so we should just remain in our trades, except when our stop takes us out.
Some important labour reports are due in the market, but it is a case of head or tail, the bulls are winning (labour report is bad, Fed will do more rate cut, labour report is good economy is improving: seems like some confusion is here!!!)

CHINESE STOCK HAVE STARTED PRE-MARKET
Below is a sample, for us this is a low quality stock (we will never recommend this to our caucus members, you can buy at your own risk). So if low quality is moving what will the real stocks do.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 2 OCTOBER 2024
Today will be a day Chinese stock will some dumbfounding move in the market. So, if you are not in already, you may need to wait for pullback, as 20% may be common gain in may of the stocks. But we have one stock that has not joined the rally, but will join soon (our caucus has the ticked),

Oil will have a good day too: [b]HESM [/b]is a good candidate here.

Happy day to all.

Market Retracing
Let us keep our calm. As at the time of writing some stocks are recovering,we should let our stop loss do it job.

For our caucus members, that our Chinese stock is still okay. Remember part of our target is to collect that dividend, around 20% yield. So nothing to lose. We can still add more to this particular stock.

Hi OakPearl,
Is there a free website or brokerage firm in the US where one can see live trade in volumes and value just like we see on naija brokage firms[/quote]For us to be successful in this market, we need a foundation. "Our book trading plan blueprint" gives you that foundation. Sometimes, I just restrain myself from answering some questions/responding as somewhere in the forum the issue must have been attended to.

On the issue of trades in volume, "trading plan blueprints" listed a site where you can get live trading volume (plus some other vital information) 24hrs a day.

We have shown the information for NVDA today, bid is green (buyers), offer red (sellers), it shows no of contracts, it is low as it is premarket.

OakPearl:
Following my research over the weekend, China-focused stocks such as Dada Nexus (DADA), JD.com (JD), XPeng (XPEV), ZEEKR Intelligent (ZK), NIO (NIO), and Alibaba (BABA) will be money making stocks in the coming weeks after sizzling stimulus-fueled rallies over the last week.

You are quite right. This morning, the China is giving indication of another positive outing for Chinese and related stocks, copper stocks could equally join the rally.

TODAY IS LOOKING LIKE ANOTHER BULLISH DAY
See the premarket moves

MARKET WAS EXCELLENT TODAY
Today was good, and looking at fundamentals, the good should continue tomorrow. If I see pullback in Chinese stocks, I will be a buyer. I believe the risk is worth taking

SOME ACTIVE PRE MARKET GAINERS 26 SEPT
Today will be a boom day for the bulls. It is like a party where you hear "maximum gain guaranteed". Only an adverse inflation report will prevent the bulls from having a good weekend this week, for Chinese stocks there is no stopping this bull

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 26 SEPTEMBER
We are happy for our caucus members, our Chinese rouge trader stock is working out, picking up easy 20% dividend yield plus some capital congrats.

Today market Is up suddenly early in the day, this is traceable to pending inflation report, if inflation is lower, then more rate cut (Oliver twist traders). And with a lot of fed Official speaking, a lower inflation figure will mean more whipping for the bears.

Conclusions, expect a bullish day today (oil was the major cause of inflation, with oil price stable and Eastern block relatively quiet, inflation should be low. Are Tinubus' people learning how the world got together to battle rising oil price then to curb inflation!!!!, okay sorry no basis for comparison (our leader is a paper weight,compared with the likes of Trump then President, China President, German leader, Saudi King etc, those people have nowhere to run to if there is problem in their Country and they care about the welfare of the poor citizens in their dormain, they have no personal refinery outside their County to siphone more money out of their Country via higher oil prices, when people are crying of higher oil prices) the people that battled oil prices then were the Good leaders: Trump, China, Germany/Europe, even at a time Saudi Arabia joined to stabilise oil price preventing it from rising too high due to the negative ripple effects.on production cost and people standard of living).

Our caucus is opened for anybody, but for the generality of the public this forum is a good place to continue getting profitable ideas.

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 24 SEPTEMBER
Pullback is expected today. In terms of sectors: shipping, semiconductor, Blockchain

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 24 SEPTEMBER
This is like the week that the bull have a free highway to move, so we should make good use of it. Next week, battle for inflation/inflation data will start again. Energy, Metals, China owns the market today. We expect a bullish day.

Our stock of the day for the public: HESM

[quote author=malali post=132125110]This is expected. Especially at a time like this when Nigeria is grouped among Countries with likely political crisis or economy close to that of a Country in war state (too bad)

TARGET TECHNICAL ANALYSIS EARLY MARKET COMMENT- 23 SEPTEMBER
Early in the day, market is giving indication that investors should look forward to a likely bullish day.For buying opportunity, pullback in Gold stocks should be a buy. Also for blockchain we can buy some small quantity as there is chance of pullback, but blockchain should be in uptrend looking at fundamentals!!!

[quote author=Susily post=132107744]I beg to differ Chief.

Thanks. I agree with your comment too. Most people who are good in technicals are also keeping fundamentals behind their back. For technicians, Technical analysis is like a striker (when to actually buy) and technical is your defence line.

However, somehow fundamentals is like[b] old school[/b], but is still necessary. When I started rating fundamentals higher when I read how the technicians (George Soros is a leading one here), bailed out Benjamin Graham (Benjamin Graham was a Professor in the University, while Soros and others were his class students at a point in time). However, there got to a time when Benjamin Graham started posing money in the market (computers/technicals took over the market), things were so bad for Graham then that his former students (they have added technical analysis, and are more like pure Technical Traders), led by Soros have to raise money to support him. You can google how former students of Benjamin Graham or George Soros help Benjamin Graham.

So, we can see that Technicals is more modern,easier to understand, more accessible for the common man, less expensive (most previous Corporate Fund Managers that later step out on their own will tell you that they missed all the Fundamental materials that the banks use to make available to them when there were still in paid employment, but as individuals they deemed the materials too expensive, these are people that can still afford like $2000 dollars monthly for trading platforms/other side subscription).

[b]So as a retail trader, you cannot survive without technical analysis, with most platforms available being able to screen out stocks not meeting basic fundamentals (this is why so many biotechs/penny stocks do not show up in my screener these days), [/b]except I just see a strong Biotech and decide Just to play with it for the short time.

Thanks for your contribution. Well appreciated by all of us