Invest Data Consulting Ltd

In its determination to ensure that more Nigerians better understand the dynamics of stock market investing and the economy, thereby democratizing wealth, the management of Investdata, at the weekend announced that the Abuja and Port Harcourt editions of its Invest 2020 Opportunities & Trade Ideas Summit will hold on January 18 and February 8, 2020, respectively, but popular demand. While the Abuja leg is scheduled for Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja, in Port Harcourt, it holds at Emerald Hotel Limited, 193, Aba Road Rumuola. According to Investdata Consulting Ltd, at the Lagos leg of the summit held on December 7, with experts participants through trading strategies for picking best stocks in good or bad times; critical chart patterns for pinpointing stocks that will soar in 2020, how to identify opportunities in stocks, Exchange Traded Funds, Fixed income and commodities markets under any environment, among others At the Lagos, e...

Market Update for January 8 The bull ascendance on the Nigerian Stock Exchange continued at the midweek despite the mixed trading and profit-taking by day traders as the composite index jumped higher, crossing the psychological line of 28,000 points to test 28,562.48 basis points on a strong buying interest in low, medium and stocks. It, therefore, recorded the highest daily gain in two years, surpassing the May 22, 2019, single-day gain of 2.9%. The market’s year-to-date gain soared to 6.41%, which has made the NSE join the world’s top-performing exchanges in the New Year, as local institutional investors and fund managers take advantage of the NSE’s two consecutive years of decline while repositioning their portfolios as equities assets remain undervalued ahead of expectations for the New Year and positive macroeconomic indices with the economy continuing to recover, just as dividend yields of listed companies stayed relatively higher than the prevailing money market rates an...

Support and Resistance are technical words used in technical analysis in stock, forex, commodities etc. Support and Resistance is a concept that the movement of the price of a stock will tend to stop and reverse at certain predetermined price levels. These levels are denoted by multiple touches of price without a breakthrough of the level. Support levels are where demand is perceived to be strong enough to prevent the price from falling further, while resistance levels are prices where selling is perceived to be strong to prevent prices from rising higher. Support and Resistance levels are psychological important levels where a lot of buyers and sellers are willing to trade the stock. When trend lines are broken, the market psychology shifts and new levels of support and resistance are established. Investdata Academy.

At the Port Harcourt edition investment summit tagged: “Power of Earnings Season For Profitable Trading and Investing” we would be simplifying stock market investing is billed for Saturday; Date: March 17, 2018 Venue: Emerald Hotel Limited, Rumuola, Port Harcourt Time: 9:00am -5:pm From there, it moves to Abuja on Saturday. As the Nigerian economy continues on its recovery path, participants would learn how to trade intelligently, beginning with setting investment objectives and applying simple tools to help decision making even on impulse. A statement by Investdata quoted Mr. Ambrose Omordion, its Chief Research Officer as saying: “The training is also to help participants appreciate the changing pattern of the Nigerian economy since its emergence from recession, its effect on company fundamentals, which calls for new strategies for profitable investing. Investors are recovering from the recent market correction due to price decline suffered by equities over...

Jack Ma, the richest man in China said: If you put Bananas and Money in front of Monkeys, monkeys will choose Bananas because monkeys do not know that money can buy a lot of Bananas. IN REALITY, if you offer JOB and BUSINESS to people, they would choose JOB because most people do not know that BUSINESS can bring more MONEY than wages. This is a truth should be held dear and not just held but acted upon! Of course, any financial loss can be scary and painful. It is true that the less you have, the more each naira counts. Investing is no exception. The thought of possibly losing money is a terrifying prospect. And the fact that today’s economy has seen better days probably isn’t helping your fears. Investing in the stock market may have its risks. But if you give in to fear, you’ll pass by some incredible opportunities—ones that come with big dollar signs attached. NOW is actually the best time to bite the bullet and get started in investing. FEAR: How will I know the best ...