Shale is one significant factor to be considered in projecting future oil prices o.

In 2016, after prices went below $30, rig counts were on a constant decrease, now we're eyeing the 70s, the rigs are coming back on, increasing supply.

Rates have now gone from 0%, 5 quarters ago, to 1.75% with hope that it may yet reach 2%.


The implication is that bond yields rise, and stock prices fall, although, the magnitude of this impact, we may not be able to tell.

30 year treasury bonds could start seeing yields in the 5% region versus the 3% typical a few quarters ago.

That would also mean that our nations eurobonds may start needing close to 10% coupons to get enough attractiveness.
Should eurobonds start needing 10% coupons, CBN may once again start getting comfortable with T-bills at 16% discounts, and those of us who came here to seek better returns would go back to our abode.

Dow must have reacted to the Fed's decision today.

Yayira:




My boo is out of market, tone don change.. him don join the bear bear gang..
Boo boo Please don’t join cause I’ll not hesitate to stone you.

Yayira babe, i'm still in the market(UCAP, AFPRUD, ...) and God bear me witness. Just sounding caution base on my conviction of what lies ahead (personal opinion). The fact still remains that NSE is where the money is. Buying 3 for 1 is better than 1 for 1

#YayiraMyBabe #GodIsGood #MoneyMustBeMade #AllTheBest

RabbiDoracle:


Trump is just too unpredictable. I'm seeing it. We don't want to post any bearish stories here.

The Chinese are mulling on the way's to reply to Trump.

ow OK, but it OK to post damaging stories for d NSE. while u quietly they hammer from that side.

robobo:


@fxuser

which of the time horizon negative divergence do you think is more potent

Daily? weekly? or monthly?

learning ooo

the longer the time frame , the more the ''potency'' but it's never immediate
on d other side , a positive div on d lower time frame helps to show bearish fatigue in d short term

fxuser:


the longer the time frame , the more the ''potency'' but it's never immediate
on d other side , a positive div on d lower time frame helps to show bearish fatigue in d short term

Index still unable to bounce back above the 50dma but above 200dma
More sideways action to come !

emmanuelewumi:
Lafarge Africa will declare a paltry dividend of between N1.50 and N2.

The impacts of the fund raising exercise should be felt in their financial performance this quarter.

Then the market reacts and sends the price lower probably to #28 region, then I move in with my funds

maishai:

Then the market reacts and sends the price lower probably to #28 region, then I move in with my funds

Seeing it below the right issue price will be interesting ooo but I doubt.
Anyway, what do I know. Never say never in NSE.

maishai:

Then the market reacts and sends the price lower probably to #28 region, then I move in with my funds

I doubt that, it may fall to N44.00. They have a very good market maker, the right was listed yesterday .

emmanuelewumi:



I doubt that, it may fall to N44.00. They have a very good market maker, the right was listed yesterday .

Please when will FMN right offer be listed.....

Access
- prev -ve div sig buyers exhaustion
- SP pulling back to the 200 dma on d daily, RSI breaking into oversold levels in over a yr
- strong rejection of d day low on vol
- a very important pin bar on volume yesterday at d 200dma
- not a buy / sell / hold recommendation

#dyorr

''As soon as you cling to a certain trade outcome, wishing it to be or remain a certain way, wisdom eclipses. ''

#TradingQuote

fxuser:

''As soon as you cling to a certain trade outcome, wishing it to be or remain a certain way, wisdom eclipses. ''

#TradingQuote

Welcome back bros

FlourMill
- -ve rsi div on d weekly
- possible bullish fatigue

MSCI MOVEMENT 22 MARCH 2018/MARKET COMMENT

Market still finding stability. However, good time to start buying quality stock, but with the ability to withstand the risk that is still in the market till the first quarter results start flowing in.

I like this bear market as it gives me the opportunity to go back to do further research to improve my stock investing strategies. As to why I like this market as it is, it is an opportunity to get good equities at promotion prices. I see good opportunity in FCMB at the current price, despite the fact that the dividend for 2017 year end will be about 5K, the potential for future return is above average.

Caution: This information is for educational purpose only. Data used are assumed to be correct. You may need to verify the data from other independent s

Tolktob:

Welcome back bros

zagadat

fxuser:
FlourMill
- -ve rsi div on d weekly
- possible bullish fatigue

Bros, e be like say this Abuja early morning rains no reach your side.

Ecobank Trans International today released its financial statements for the year ended December 2017. Gross Earnings in Naira increased from ₦665 billion in 2016 to ₦763 billion in 2017.

The bank made a profit before tax of ₦88.3 billion in 2017 against a loss before tax of ₦33.7 billion in 2016. Profit after tax was also positive at ₦69 billion against a loss after tax of ₦52.6 billion.

https://nairametrics.com/eti-profit-before-tax-hits-n88-billion-in-2017/

Wapco
- sideways action continues
- the 50dma is still unable to break away from the d 200

9free:

Bros, e be like say this Abuja early morning rains no reach your side.

we are waiting our turn !

PETERiCHY:
Ecobank Trans International today released its financial statements for the year ended December 2017. Gross Earnings in Naira increased from ₦665 billion in 2016 to ₦763 billion in 2017.

The bank made a profit before tax of ₦88.3 billion in 2017 against a loss before tax of ₦33.7 billion in 2016. Profit after tax was also positive at ₦69 billion against a loss after tax of ₦52.6 billion.

https://nairametrics.com/eti-profit-before-tax-hits-n88-billion-in-2017/

So it shouldn't be selling higher than Access then

fxuser:


the longer the time frame , the more the ''potency'' but it's never immediate
on d other side , a positive div on d lower time frame helps to show bearish fatigue in d short term

Thanks chief appr8

PETERiCHY:
Ecobank Trans International today released its financial statements for the year ended December 2017. Gross Earnings in Naira increased from ₦665 billion in 2016 to ₦763 billion in 2017.

The bank made a profit before tax of ₦88.3 billion in 2017 against a loss before tax of ₦33.7 billion in 2016. Profit after tax was also positive at ₦69 billion against a loss after tax of ₦52.6 billion.

https://nairametrics.com/eti-profit-before-tax-hits-n88-billion-in-2017/

Sir Peterichy, its very unusual of you posting financial results but since you did this early morning, should we be expecting bear with long bear bear or bull on this stock.

Jejebaba:


Sir Peterichy, its very unusual of you posting financial results but since you did this early morning, should we be expecting bear with long bear bear or bull on this stock.

Poor effort at monkey hunting

awesomeJ:
Shale is one significant factor to be considered in projecting future oil prices o.

In 2016, after prices went below $30, rig counts were on a constant decrease, now we're eyeing the 70s, the rigs are coming back on, increasing supply.
Rates have now gone from 0%, 5 quarters ago, to 1.75% with hope that it may yet reach 2%.

he implication is that bond yields rise, and stock prices fall, although, the magnitude of this impact, we may not be able to tell.
30 year treasury bonds could start seeing yields in the 5% region versus the 3% typical a few quarters ago.
That would also mean that our nations eurobonds may start needing close to 10% coupons to get enough attractiveness.
Should eurobonds start needing 10% coupons, CBN may once again start getting comfortable with T-bills at 16% discounts, and those of us who came here to seek better returns would go back to our abode.

Dow must have reacted to the Fed's decision today.

as per price action , oil looking bullish !

yok:
MSCI MOVEMENT 22 MARCH 2018/MARKET COMMENT

Market still finding stability. However, good time to start buying quality stock, but with the ability to withstand the risk that is still in the market till the first quarter results start flowing in.

I like this bear market as it gives me the opportunity to go back to do further research to improve my stock investing strategies. As to why I like this market as it is, it is an opportunity to get good equities at promotion prices. I see good opportunity in FCMB at the current price, despite the fact that the dividend for 2017 year end will be about 5K, the potential for future return is above average.

Caution: This information is for educational purpose only. Data used are assumed to be correct. You may need to verify the data from other independent s

So after buying high, these guys have started selling their fcmb. I wonder what their motive is. Do they deliberately set out to make loss?
Meanwhile FCMB is not a good buy for now until q4 2017 is released. Their q1 2018 is what we need to watch out for. It will be excellent.

“If you don’t have a strategy, you’re part of someone else’s strategy. ”
― Alvin Toffler

Agbalowomeri:


So it shouldn't be selling higher than Access then

Why not? ETI is showing growth while Access is showing decline

Mendes your market has arrived o

Agbalowomeri:
Mendes your market has arrived o

Which one sir?

mendes911:


Which one sir?

The three musketeers

fxuser:

as per price action , oil looking bullish !

Sure. It's our collective wish.

Agbalowomeri:


The three musketeers

I never see them oooo.

I have been looking at Nikkei, DAX and Dow.... Timing is very key.