LONGEVITY AND CONCENTRATION PAYS
With over 90% concentration on trading Global stocks, only few people (looking at stock pickers anywhere) can beat our stock picks.

Let us keep our eyes on NCLH. The stock may resume the uptrend move again.

MARKET TEACHING US VITAL LESSON!!!
Received one of those mails that tells you how much you would have gained if you had bought Microsoft 10 years ago!!! Actually, I don't regard such type of mails these days and I don't even watch those YouTube videos that tells me the hot stock to buy (by the time you see that video, the momentum may have just ended, just like if you bought a uranium stock yesterday, you are buying when the early buyers are getting out). so you are not likely to be profitable by buying stocks recommended on YouTube (have any doubt, okay buy them and see 3 months from now what will happen to your account).

So back to the main issue I want to point out. We need to buy some strong stocks for medium timeframe, they don't go down very fast in bearish markets like what we have just seen. This idea is vital if we have little time to be watching trades, let us embrace the "COFFEE CAN TRADING STRATEGY* (if you are hearing this for tge 1st time Google it and watch YouTube videos) or better still just join a good paid subscription service that will give you opportunity to ask the provider of tge service question that may be bothering you on trading).

So yesterday, we saw opportunity in : INTC, HPQ. Will stop here today.

CHAKA HAS BEEN DOWN TODAY?

I observed the above and have sent a mail. I hope they will come up soon!!!

THIS IS A TIME WHEN WE NEED AN OBJECTIVE MINDSET
We are seeing that market is not easy. There are times it looks easy and sometimes it is difficult.

This is one of those difficult times. So, for now, we just need to watch our stops and take profits if necessary

THERE IS NO NEED TO PANIC- LET US WAIT TILL CONSUMER REPORT IS RELEASED TODAY
Learning is part of the requirement required for good traders or investors. So let us wait, for things to allign with the long term trend.

For us, if the bull is delaying, we will take profit on our positions that looks threatened.

Happy waiting time to all.

US MARKET STAYS CLOSED THIS MONDAY 15 JANUARY MLK DAY

So we have time to plan our trades for the week?

Full Stock Market Holidays 2024

The following are the stock market holidays in 2024 when the NYSE, Nasdaq and bond markets are all fully closed:

Monday, Jan. 15 — Martin Luther King Jr. Day
Monday, Feb. 19 — Presidents' Day
Friday, March 29 — Good Friday
Monday, May 27 — Memorial Day
Wednesday, June 19 — Juneteenth
Thursday, July 4 — Independence Day
Monday, Sept. 2 — Labor Day
Thursday, Nov. 28 — Thanksgiving Day
Wednesday, Dec. 25 — Christmas Day

MORAL LESSON OF AVOIDING NEWS TRADING - HAPPENS ON 11 JAN 2024

CPI dissapoints, bullish expectation will likely be muted for some few days.

Trading the news can make you lose your gain of one month in just one day. Thus, we can see what we will gain by just avoiding a big one day loss. For me personally the need to get out of the market before the big news is sinking into my consciousness little by little.

WAITING FOR THE TIME MARKET WILL BE BACK TO THE UPTREND HAS BEEN THOUGH
The day we have been waiting for is here. Let us see what the CPI will offer. The Asian season has been bullish earlier today and with bitcoin ETFs approved in US we may see bitcoin stocks maintaining their bullish trend.

So from commodities to stock, everything is looking bullish.

[b]GLOBAL MARKET STILL HOLD THE ACE NIGERIA RISING STOCK PRICES LACK LONG TERM FUNDAMENTALS[/b]

Our twitter page shows some funny solutions by the Government to solve problem of inflation and lack of foreign investors. The proposed solutions are funny and is showing us that we have people who have questionable academic qualifications (did they truly study to get their degrees?) .

Okay, let us take problem of inflation as an example. We all knows the secondary school definition of inflation, too much money chasing fewer goods. Our Government solution ( is funny but that is what our Government has done) :reduce the access to cash for basic spending by the general public, by the time the general public do not have money in their pocket inflation will go (make cash unavailable, if people want to withdraw 100k,banks to give 10k,banks should not load money in ATM so that the public will have virtually no access to Cash). Result: inflation stays.

A better solution like what the US and Co has done, reduce Government spending, Open market operations etc. But the Government has failed to curtail the public sector spending (so maybe our policy makers only remember the definition of inflation that they learnt in secondary school " too much money chasing fewer goods", as the real solution which maybe is learnt at higher level is not remembered, so we should ask ourselves, can we trust that these people realy study basic economics for their various degrees?

We will look at the solution for attraction of foreign investors soon. You know they knew MSCI left Nigeria and they think MSCI is looking for Countries with booming stock market without considering risk? We in this forum and NSEMPA knows that MSCI people are pure professionals in their game and cannot be attracted by gimmicks, government give their cronies money to buy stocks from the market (do not be suprise if some of these Beta Edu/ palative money & Co were diverted through private pockets to pump us the stock market!!!).

Conclusion, we will only buy stocks with good fundamentals in the Nigeria market and we are thinking short term. Main action remains here, especially if we are interested in profiting from the Energy sector

Today, in global stock we are relaxing we know risk is fairly elevated, will take profit if necessary, real season for more aggressive investing will start tommorrow after the CPI report. We are looking to play on the bullish side as we know rate cut is real for the US.

THE NIGERIA MARKET IS BOOMING
I am sure by now "shoemakers will be thinking of putting money in the Nigeria market". Market has risen to the level where professionals will be buying with care. So, if you are buying Nigeria stock, have a short time horizon in focus.

For me, for the fairly long term, global stocks are still the best. I will be buying Nigeria stocks from time to time, but not at this highly extreme prices. I will buy more on retracement

Goodluck to everybody.

THIS FORUM MAKES US GLOBAL INVESTORS-SO TODAY I QUE TO BUY SOME NIGERIA STOCKS IS A PART OF MY GLOBAL PORTFOLIO
If MSCI can invest in Nigeria stocks (but sorry, they are our of Nigeria and may not come back, at least not in this our type of Government regime), who am, I want to copy MSCI and go to any Country where the money is, but remember MSCI will not consider a too risky climate/lying Government where you cannot get real facts easily (so that is why I am in Nigeria stock too, I believe temporarily for now)

I could not imagine myself buying Nigeria stocks again some few months ago, however, I have to burry my pride and have already place an order for that "emi L" stock discussed in our forum. All we are interested in is making best use of our capital.

I feel sad as a Nigerian that the Government people have destroyed viable businesses and are now trying by hook or crook to takeover businesses. Just imagine which stock are rising in the Nigeria market (service based businesses, banks Insurance and we should know who will be the people behind the purchase of most of these banking stocks, people in Government of course, forget the case of Emefuele going round, the present set od ruling Politicians will be behind some of tge purchase of these advancing banking stocks, we wilk hear the true story later). Long story short, I am buying some Nigeria banking stocks, no fundamentals here, just want to make some profits out of the madness going on. And once I see the bubble bursting, I will be out, simple no big story.

Happy 2024 to all. For here, let us see how far these Bitcoin and ETF scenerio will go. I believe we can catch some cruise here too!!!

MARKET IS NOT EASY- WE HAVE BEEN DEFENDING OUR POSITION
The US market has been volatile. Buy we should still keep our focus on the bullish side.

All things being equal, we should see the bitcoin stocks doing well.
[/b]
We will post some of our indicators that shows us what to do in a tough market!!!

Now, I want to be in a position where I will have no favorite stock. We have been tossing the [b]Jona's into the water. Equally, we try to keep our good stocks those that pays dividend or are high growth.

I LOVE TECHNICAL ANALYSIS
There is a pattern I will call "bomb them all". When I see this patter I will to exit. See the daily chart of CLF. You have no option but to sell or take profit.

Let us see what the FED minute will say later in the day, about 9pm Nigeria time. Let us see 8f this carnage will stop.

I like indicators that will take me out of the market if the environment looks too threatening.

YOU NEED AN EDGE IN THIS MARKET
Trading plan blueprint have us the edge.

Our indicators delivers the magic. Today, we turnaround some of our portfolios. Sold some AEHR, add some AAOI.

This our indicators are what is called: OHI TO AGBA FI NJEKO ABE EWE LOWA. Sorry, for those that do not understand my turenchi!!! It just translates to something like, the magic is in our indicators (we are not selling indicators just to anybody, but to only who want to make money without asking for recommendations from others, see what most of the bitcoin stocks did!!! Big money are taking profits, but trend of the bitcoin sector is up, our indicators tells you how to buy without fear . Yes, we added to one of our bitcoin stocks today!!!!

PRE-MARKET FOR 2 JANUARY IS DOMINATED BY BITCOIN STOCKS!!!

Is this the year of the bitcoin? Or like the Chinese, we are having year of the "DRAGON" bull.

For me, I drink, I sleep, I think, I talk and I love the stock market, especially the Global side.

BITCOIN STARTING FROM 2024 WITH A BIG BANG
The local platforms still seems not ready for this business.

With present Government now saying nothing wrong with bitcoin, I hope TROVE will take the initiative and bring bitcoin back!!! But, I think drivewealth is the one dictating what they can do. So if drivewealth says No, it is No.

Realy what made me chose Trove then was the availability of trading bitcoin then, let us wait and see if any local platform will bring bitcoin trading back!!! If it does I am sure it will attract a lot of Customers.

Today, we are doing something funny, we want to show, how the whole of 2024 will look like using a month by month Forcast. For example January will be bullish for both Nigeria and Global stocks, subsequently there is high possibility of Nigeria stocks performing badly for most of 2024 (too mant stocks in overbough zone). The Global side will see more bullish movements. Sorry, chart is for our supporting/sponsoring members only.

WHICH STOCKS/SECTORS WILL DO WELL IN 2024
As we round up the year, we need to start positioning ourself for 2024.Tech sector are still good but we need to focus more on sectors that will benefit from lower rate (so we attach list of industries again) as this will be our focus in 2024.

TODAY IS A PROFIT TAKING DAY
We took some profit. Still in the spirit of the defensive, we bought a printing stock. ^ARC.

Now, our scanners tell us what to do real time. We normally have our list prior to market opening, but if the market change it for us "so market can change it for you" like today, then we rely on our scan plus some little fundamentals.

Wishing all happy new year in advance. And we should try and build a strong portfolio. I Sam a portfolio of a Nigerian person, very strong stocks in the portfolio, I was happy to see a real investor. See some of the content: NVDA, PEPSI, AGNC, BAC, jp Morgan. IBM etc. The person has a portfolio of stocks that can never go out of business and will continue to deliver divedends/capital appreciation for years. This type of portfolio should be our target in the long run.

MARKET IS DULL TODAY
It is okay. Today we picked up a cool dividend paying covered call stock? Our members have the name. This type of stock are what give us the audacity to be posting everyday.

My portfolio that has this stock is smaller in value than what I have in Chaka. However, this smaller value portfolio delivers better returns than my Chaka portfolio. Why, the Nigerian APP are making too much shakara, they do not have many stocks and commissions are so high. And among the local APPS I love chaka (1st choice) and Trove (2nd choice). However I trade on chaka regulary, Trove I don't use much as I will only return there when I can comfortable trade with a minimum of $50 equivalent on every trade as this is the value that will reduce the effect of the cut troath commission of minimum of $0.50 or 1.5% (whichever is higher).

Wishing all the best. I am still in my dancing mood as our portfolio keeps improving (but it takes some hardwork). At leas if I am to count 1,2,3...... I should have look at over 300 indicators (don't ask me where, I get these indicators), our secrets book (TRADING PLAN BLUE PRINT), tells us where to get free tading indicators, free trading ideas, best chart set up parameters, plus some video showing is examples: https://www.youtube.com/watch?v=AN8lUNbUBL0

MARKET NOT THAT BAD- FOR SOME OF US, THERE IS NO NEED TO CHANGE A WINNING TEAM
We need to control our emotions of always taking small profits. However, if my stock losses 8% from the highest price ever achied by my stock, I will take some profits or sell outrightly.

Now, it is time to defend the booty

This market is making me to dance Awillo!!!

THESE ARE SOME PREMARKET FIGURES
Today is looking like a Gold/BITCOIN /REAL ESTATE and probably RUSSELL DAY (Russell is more of Midcap stock, majority of which are tech related).

Let us have a nice day and[b] we should not overdance the "SKELEWU" or any other song you like [/b]as the bull starts their display.

WHERE CAN WE POSTION OURSELVES IN THIS NEW BULLISH LEH OF THE MARKET!!!
Better to learn from someone with practical knowledge of the market.

If you want to trade the Global market without a guide, sorry you will pay by loosing major part of your capital?

*commodities *mid caps * technology * payment processors *Healthcare etc.

MARKET WILL NOW RETURN TO NORMAL

After the pain comes the enjoyment. Market is like making "EBA" you want to pour in the Harris when the water is hot!!! So we need to look for the hot sectors before the water cools down. Water has boiled today, but some sectors were getting hot already: semiconductor, Finance, Health, communication/tech generally. So, the floor is now open for the bull run to start.

THIS IS PART OF WHAT WE SHARED EARLY MORNING TODAY

There is no need to hurry in the current market environment, we all know we expect the bulls, but if the trend is still down we wait. Semiconductor, transport, communication, finance, technology industries are still strong. We will come up with update later in the day if we observe any unusual developments.

TODAY IS ONE OF THOSE DAYS WHEN THE MARKET KEEP YOU IN A STATE OF SUSPENSE?

It is not easy to decide if to run or stay in the market? In the word of Linda Raschke, "there are days when the market will make you loose your senses and see things you cannot comprehend", but all that we know is that there will be tommorrow, we wait and we do what we know right thereafter (take losses, wait till things become normal and then buy)

We are still in the spirit of playing defensive strategy and looking for something to pick for the coffee can, funny enough KO is looking good when last I look at it, equally I may check F(Ford motors). But considering the fact that we expect a bullish market after this dolldrum is over, I may not be willing to be too conservative!!! But again after the FED announcement we will see what the market will do again!!! This is a time that confirms that it is not easy to make money in tge stock market?

Can we see what is happening to oil? It seems to be trading below the Nigeria Government budget price!!! This is the reason why, I may not be interested in the Nigeria market at the moment!!!

THE MARKET IS STILL RISKY
The inflation data is not convincingly low enough!!! So market see not to be too happy. Due to this we want to see what will happen after the news has died down. Next is the Fed giving their opinion again as to when rate cut will start.

Final word in the market is still exercise caution!!!

TODAY STARTED WITH DEFENCE THEN LATER IN THE DAY MOVING TO ATTACK
Sold some our position in Mara. Then switch to PLTR.

The tech industry provided us with a number of options " CVNA" etc. But we always like a trusted, top of the pack stock.

For our Guys that love the biotech stocks, action is coming soon, just be close to your charts.

Wishing all the best.

[quote author=lawyer post=127424151][/quote]

THIS IS GOOD INFORMATION. MOST OF THESE LEKKI ESTATE, DANGOTE REFINERY ESTATE, ABUJA LAND ESTATE, SAGAMU ESTATE, land banking etc. ARE ALL SCAMMERS. THEY ARE REALY BAD PEOPEL EVEN IF THEY HAVE ALHAJI, ALFA, PASTOR CHIEF in from of their names.

Never ever trust them. The biggest scam even if you decide to buy is that you become their ATM for life via yearly service charges.