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Showing posts from March, 2021

Mixed Outlook Still, As Investors Realign Portfolios Ahead Of 2021Q1 Earnings

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  Market Update for March 30 The up and down movement on the Nigerian Stock Exchange continued as selloffs and profit booking hit the high cap stocks on the recent rally at the peak of earnings reporting season with more companies making available their numbers to market. This is just as the numbers released and dividend news remain mixed reflecting the strength of company financials and economic situation during the year 2020.  This prevailing movement after correction is normal; especially as full-year earnings season is gradually winding down to usher in the 2021 Q1 reporting season, amid the month and quarter-end window dressing. The improving momentum, despite the mixed trend indicates that funds are   entering the market as revealed by money flow index, due to dividend payout that continues to attract demand for blue-chip stocks in hot sectors with strong potential to grow sales in the current financial year as events in the economy unfold. The NSE’s index acti...

Mixed Trend Ahead, On Earnings, Dividend News, Quarter-end Window Dressing

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Market Update for March 29 The recovery moves on the Nigerian Stock Exchange continued Monday, as the momentum that comes with the earnings reporting season in terms of liquidity, volume and trading pattern picked up during the peak season with more companies releasing their numbers ahead of the deadline for submission, not forgetting the quarter-end window dressing by market players.  These impacted positively on the NSE’s composite All-Share index, which closed higher, reversing the previous session loss position on a high traded volume and positive market breadth. This retracement will help to reduce the loss position recorded during the recent market correction while investors position for dividend and improved earnings expectations, ahead of Q1 numbers in the new month. Value and growth stocks continued to look up as the trading environment and pattern change to reflect the market and national economic realities, while sentiments and consumption flow the way of liquidity....

WORDS TO TRADE BY

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  "End trades when it is clear that the trend you are profiting from is over.” -Jesse Livermore You've thought about every trade you want to make and have created a trading plan to make them happen. Once the market has confirmed your idea about your trade, it's time to dive in. What's important is that you keep an eye on the current trend. If the market begins to go against your original trade plan, be ready to take action. Once the information that confirmed your original buy-in no longer supports your trade plan, it's time to close your position. That will minimize losses and help you maintain a profitable account!

Wherever you are NOW is where you choose to be

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  Ambrose Here Again,  According to research, very few people are successful at anything at first. I included.  Only a tiny percentage of the population achieves any significant success or wealth through stock because few are willing to go through the process of doing what it takes to achieve in the stock market, and there is no shortcut. In fact, everybody has to go through four levels of learning every time, and often, in the process, they fail, regroup, and begin again. Most investors blame other factors like government policies, currency fluctuation, political instability, election for stopping their financial progress, but in truth, there's only one person who can put on the parking brake and that person is YOU. Many investors drive around with the break on without knowing it, or once awareness arrives, don't know how to lift their foot off it. As a result, I have been organizing seminars and summits because I want you to get the best out of  2021 Q2 investment ...

Investdata Daily Sentiment Report as of March 29, 2021

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NSEASI buy 91% sell 9% volume index 1.39 MFI 64.49 Access buy 0% volume index 1.32 MFI 51.71 Aiico buy 💯 MFI 53.42 Caverton buy 💯 volume index 4.96 MFI 43.00 Corner buy 0% volume index 0.95 MFI 62.44 Fbnh buy 0% MFI 25.22 Fcmb buy 30% sell 70% volume index 0.99 MFI 23.91 Fidelity buy 💯 volume index 0.85 MFI 69.71 GT buy 90% sell 10% volume index 6.87 MFI 67.20 Jaiz buy 💯 volume index 0.78 MFI 20.15 Jagold buy 50% sell 50% MFI 23.44 Lvstk buy 75% sell 25% volume index 0.96 MFI 37.32 Mansard buy 💯 MFI 53.06 Oando buy 0% volume index 0.75 MFI 74.48 Okomu buy 💯 volume index 15.60 MFI 0.00 Sterling buy 💯 MFI 79.42 Transcorp buy 0% volume index 1.02 MFI 23.69 Uacn buy 0% volume index 3.15 MFI 56.44 Uba buy 💯 MFI 12.41 Ubn buy 💯 volume index 5.76 MFI 50.16 Ucap buy 29% sell 71% MFI 58.29 Unilever buy 0% volume index 4.00 MFI 23.85 Wapco buy 55% sell 45% volume index 0.77 MFI 31.52 Wema buy 💯 volume index 1.98 MFI 80.37 Zenith buy 50% sell 50% MFI 52.97

Mindset Wisdom:

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"Your investor's edge is not something you get from Custom Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand." - Peter Lynch Having an edge in trading isn't something that can be taught. It's a skill that has to be developed over time. For some people, it comes naturally. If you can use your investor's edge to trade companies and commodities that you actually have an interest in, you'll be able to beat the so-called experts who rarely do anything beyond the boring and dull. Take time to learn about the market you plan to trade. The more you know about it, the more successful you'll become!

Sentiment Report for the weekend March 26, 2021

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NSEASI buy 💯 MFI 52.88 Access buy 💯 MFI 56.65 Afrins buy 💯 MFI 92.29 Afrprud buy 0% MFI 33.77 Aiico buy 75% sell 25% MFI 25.62 Cadbury buy 💯 MFI 49.01 Cap buy 💯 volume index 0.86 MFI 81.75 Chams buy 0% MFI 66.52 Chiplc buy 💯 volume index 0.81 MFI 68.70 Corner buy 💯 MFI 63.69 Courtville buy 0% MFI 54.58 Dangcem buy 74% sell 26% MFI 46.03 Dangsugar buy 0% volume index 3.14 MFI 36.10 Eterna buy 💯 MFI 77.94 Eti buy 50% sell 50% MFI 36.18 Fbnh buy 33% sell 67% MFI 65.04 Fcmb buy 💯 MFI 31.32 Fidelity buy 33% sell 67% MFI 52.14 Fidson buy 0% MFI 53.02 Fmn buy 0% MFI 82.45 Ftn buy 💯 MFI 11.42 Glaxo buy 💯 MFI 30.51 GT buy 36% sell 64% volume index 1.26 MFI 58.94 Honyflour buy 0% MFI 60.94 Jaiz buy 25% sell 75% MFI 56.34 Jagold buy 25% sell 75% MFI 45.03 Jberger buy 💯 volume index 0.83 MFI 55.65 Lasaco buy 💯 MFI 77.10 Learn buy 0% MFI 53.14 Linkass buy 50% sell 50% MFI 70.83 Lvstk buy 26% sell 74% MFI 55.04 Mansard buy 0% MFI 35.29 Mben buy 33% sell 67% MFI 70.14 Mtnn buy 💯 volume ...

Questions and Answers with Ambrose Omordion as at 27th March 2021

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  Hello Investors and Traders, I just posted Questions and Answers with Ambrose Omordion as at 27/03/2021 Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update.  https://youtu.be/KeiHazVZbkI Ambrose Omordion

Blue-chips Propel NGSE Index Further, Amidst Month, Quarter-end Rebalancing

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Market Update for March 25 The Nigerian Stock Exchange (NSE) continued its uptrend on Thursday with the composite All-Share index closing higher, thereby extending the bull transition for the second successive session at the peak of earnings reporting season. Money flow index revealed the entrance of the funds into equity space as corporate actions and high dividend yields continue to attract demand for blue-chip stocks and high cap equities in hot sectors with strong potential to grow sales in the current financial year as events in the economy unfold. The NSE index action broke out the 39,000 mark to trade above the shortest moving averages of 7, 14 and 20, confirming a short rebound in the midst of positive dividend news, despite the rising yield in the fixed income market to support the recovery move. This is likely to linger for some time and trigger a major breakout in April, depending however on the Q1 corporate earnings and economic data in Q2. It is therefore important that in...

WORDS TO TRADE BY

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  "Ability is what you're capable of doing. Motivation determines what you do. Attitude determines how well you do it." -Lou Holtz You can have ability and motivation, but the wrong attitude can foil even the greatest plans. It doesn’t matter how hard you work toward a goal. If you have a bad attitude, you’ll fail at some point. Having the correct attitude is the single greatest aspect of being a successful person. It doesn't matter if you're highly motivated, educated, and skilled. A bad attitude will ruin your ability to accomplish your goals. Keep your attitude in check and stay focused on following through!

The Profit Point by OGTV as of 25th March 2020

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  Hello Investors and Traders, I just posted The Profit Point by OGTV as of 25/03/2021.  Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update.  https://youtu.be/_A2kzqn6KGc Ambrose Omordion

Cautious Equity Investors, Anticipate MPC’s Outcome, Amid Portfolio Realignments

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  Market Update for March 22 In recent days, the bulls and bears have battling for dominance on the Nigerian Stock Exchange, propeling the ongoing oscillation amidst the earnings reporting season’s peak and rising yields in the fixed income market. The last full trading week of the March and first quarter started Monday on a positive note as investors expect more earnings reports, which coincides with the anxious wait for the outcome of the all-important Central Bank of Nigeria’s two-day Monetary Policy Committee meeting, which ends on Tuesday. This is besides the month and quarter-end window dressing of trading portfolios by fund managers, driven by a rekindled buying interest across the major the sectors. This was noticed, especially, in industrial goods stocks like BUA Cement, which climbed 6.02% up, pushing the NSE’s benchmark All-Share index higher on a low traded volume and wide positive breadth that signals a reversal of trend and support for strength. The NSE’s index action...

WORDS TO TRADE BY

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  “Outperforming the market is a difficult task.” -John Templeton While outperforming the average returns of the market isn't impossible, it is tough. Only a few very serious traders have ever pulled it off on a consistent basis. That's why it's important to focus your efforts on matching the average return of whatever market you are trading in. The market has a mind of its own and can be unpredictable. So if you can reach its average return, you're doing fine. Don't get greedy. Use your trading strategy to minimize your risk and maximize your returns on a regular basis. Remember, consistent profit is better than sporadic profit if you're thinking long-term!

Undervalued Stocks Attract New Positioning Ahead of Earnings Season End, MPC Outcome

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  Market Update for the Week Ended March 19 and Outlook for March 22-26 Trading activities on the Nigerian Stock Exchange (NSE) last week was mixed and volatile as the composite All-Share index’s action tried to resist further decline but gave way following pressure from selloffs, especially among high cap stocks that suffered losses during the period under view. This is coming ahead of next week’s peak of earnings reporting season which coincides with the oscillating price of crude oil and next week’s all-important meeting of the Central Bank of Nigeria’s Monetary Policy Committee. The index witnessed a mixed trend and sideways movement before finally breaking down the 38,412.48bps level, extending the downtrend for the seventh consecutive week on pullbacks and price correction. It is important also to note that the market turned up on improving demand for stocks by bargain hunters, which reflected on market breadth and above-average traded volume for the week. The change in the t...

Sentiment Report for the week ended March 19, 2021

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  NSEASI buy 10% sell 90% volume index 1.10 MFI 53.54 Abc buy 33% sell 67% MFI 41.05  Access buy 💯 MFI 59.74 Afrins buy 0% MFI 92.11 Afrprud buy 43% sell 57% MFI 42.47 Aiico buy 33% sell 67% volume index 0.92 MFI 29.15 Bua buy 36% sell 64% MFI 91.00 Cap buy 0% volume index 1.33 MFI 80.67 Caverton buy 0% MFI 44.07 Chams buy 50% sell 50% MFI 70.36 Courtville buy 0% MFI 54.53 Cutix buy 💯 MFI 51.04 Dangcem buy 0% MFI 49.64 Dangsugar buy 0% MFI 39.53 Eterna buy 💯 MFI 75.26 Eti buy 0% MFI 42.84 Fbnh buy 83% sell 17% MFI 66.82 Fcmb buy 40% sell 60% MFI 29.30 Fidelity buy 50% sell 50% MFI 53.61 Fidson buy 0% volume index 1.04 MFI 52.98 Ftn buy 0% MFI 20.75 Glaxo buy 💯 MFI 31.61 GT buy 87% sell 13% volume index 1.82 MFI 56.62 Honyflour buy 71% sell 29% MFI 62.26 Jaiz buy 86% sell 14% MFI 14.62 Lasaco buy 36% sell 64% MFI 75.31 Learn buy 💯 volume index 1.74 MFI 54.53 Linkass buy 0% MFI 69.85 Lvstk buy 💯 volume index 0.95 MFI 54.53 Mansard buy 67% sell 33% volume index 0.72 MFI 32....

In these 2 Camps, Which one will you be in Q2?

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  Ambrose here again, A few days ago, I sent you a post regarding the master class that will be held on Saturday 3rd of April, 2021 and I am very excited to inform you that the smart investors are already registering for the Master class because they understood financial education is very important and besides nothing happens on its own. It has to be their deliberate effort to continue learning. Besides, they cannot wait to have access to the amazing actionable benefits of the Master Class which includes. 1. How to eliminate the guesswork from your trade, using invest data FundaTech Toolbox to determine trade opportunity. 2. What strategies work best for the current market situation 3. Refining your ‘buy’ and ‘sell’ strategies with precision 4. Identifying key sectors capable of supporting the market and creating cash flow. 5. How to time the market in any cycle 6. Actionable trade ideas and stock chart analysis 7. 10 trading ideas and hot stocks to buy in Q2 and bey...

Cautious Trading Ahead Of Next Week’s MPC Meeting, Amidst Earnings Inflows

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  Equity Market Update for March 18 Thursday’s trading turned positive on the Nigerian Stock Exchange (NSE), as bargain hunting for banking and cement stocks pushed the key performance All-Share index higher on a very high traded volume and wide positive breadth that signaled strength, after a long downtrend and sideways movement. This reversal in trading pattern was led by banking stocks as first-tier players resisted further decline due to the changing trading environment, as well as happenings in the economy ahead next week’s crucial meeting of the Central Bank of Nigeria Monetary Policy Committee. The uptrend that started on Tuesday, however, needs to be confirmed after the MPC meeting outcome, that informs our belief that players would likely trade cautiously today, being the last trading session for the week, as well as on Monday and most part of Tuesday, when the first hint of the MPC outcome is disclosed. As mentioned earlier in previous updates, the market breaking down it...

Mixed Trend May Linger, Amidst Corporate Earnings Expectations, Rising Yields

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  Market Update for March 16 It was yet another mixed and volatile session on the Nigerian Stock Exchange on Tuesday, as the benchmark All-Share index, closing higher and halting three successive days of decline after a long downtrend. This, however, is yet to signal anything, even as the index was pushed up by combined effects of the 3.55% and 1.20% price appreciation in Dangote Cement and MTN Nigeria respectively, as investors continue to cut their exposure in banking stocks. This may have been influenced by the unexpected dividend cut witnessed in UBA. Observe that since the release of that result, and despite the fact that UBA’s share price has resisted further decline, other banking stocks yet to announce their 2020 full-year results are recording price drops. This has nonetheless made the sector more attractive for new entrants. Nigeria’s rising inflation rate remains a risk to the economy and investing public, amidst concerns among investors about the geometric rise, since A...