freeman67:
Looking @ the % of share prices that tanked on NSE from January to date, the only stock that looks defensive there now is FMN.

Even FMN was shaken. It she'd 20% from my entry date after reaching +54%

What will move Brent this April?

There is a powerful positive divergence. A wicked one!

Will Saudi - Russia tussle be resolved?

For defense and liquidity, my advice is to stick with stocks used to compute the NSE30.

Within this subset, you can still select those that have a higher Average Daily Range to Price ratio (even though we are aware that the maximum daily range is 10%, this ratio is still very important).

Interesting times ahead in the global financial markets.

All the best everyone!

NSE index has positioned for a powerful rise.

Big caps, banks could move it.

Don't chase price. This is the period of shake-out.

RabbiDoracle:
What will move Brent this April?

There is a powerful positive divergence. A wicked one!

Will Saudi - Russia tussle be resolved?

Oracle, even if they cut supplies (production), the current phase of oil market is bearish with these global pandemic.

Justcul:
Sometimes it helps to do simple research using Google. We want to make money yet we are reluctant to invest in time..

We prefer others to point the way even when opportunities are staring at you in the face.. hmmm it is well.

At a time like this, I guess no one would risk his reputation and tell you what to do and risks backlash when the said stock heads the opposite direction.. which reminds me of the spirited myjoy08 in recent memory who championed the motivation for financial freedom (Buy! Buy!Buy! Buy!), and faced series of insults and abuse here after the market tanked.

He was not only psychologically broken, his monika was taken from him and might have forced him to seek safe haven in forex market

Pls you are the CEO of your portfolio, read whatever you see here, take your own decisions and do what is needful, don't blame it on anyone if it goes the other direction.

I wish you all greenish portfolios in both the short and long terms. We are making money this decade (modified from "we are making money this year "

Peace!

This too shall pass as well. PEACE

RabbiDoracle:
NSE index has positioned for a powerful rise.

Big caps, banks could move it.

Don't chase price. This is the period of shake-out.

Onifa had spoken on a market eve!! Hope I will log in tomorrow to see green everywhere!!

Godisfaithful:


Oracle, even if they cut supplies (production), the current phase of oil market is bearish with these global pandemic.

There are lots scenario that could play out:

- Resolution of Saudi - Russia tussle before 1st of April when both sides said they will start flooding oil around the world.
-US stockpiling to fill theur strategic reserve which Trump has mentioned
-Starting up of production in China and South Korea at an increasing pace.
-Peaking of cases in Spain, Italy, Germany and other EU states. This will tell investors that the crisis is almost over and that economic restart will be focused on.
-Peaking of cases in the US.

I have a feeling that word defensive stock is confusing people o people are confusing it with ability to defy price trend so i have gone to Investopedia, an authority on this type of matter and this is what it says a defensive stock is:

What Is a Defensive Stock?

A defensive stock is a stock that provides consistent dividends and stable earnings regardless of the state of the overall stock market. There is a constant demand for their products, so defensive stocks tend to be more stable during the various phases of the business cycle.

RabbiDoracle:


There are lots scenario that could play out:

- Resolution of Saudi - Russia tussle before 1st of April when both sides said they will start flooding oil around the world.
-US stockpiling to fill theur strategic reserve which Trump has mentioned
-Starting up of production in China and South Korea at an increasing pace.
-Peaking of cases in Spain, Italy, Germany and other EU states. This will tell investors that the crisis is almost over and that economic restart will be focused on.
-Peaking of cases in the US.

I read somewhere that the stock markets pick up at least two quarters before economic indices show that the economy is on the path to recovery.

Godisfaithful:


Oracle, even if they cut supplies (production), the current phase of oil market is bearish with these global pandemic.

In 1987, the swift financial crash made Dow lose 41% from its all time high.

In 1999 till 2001 dotcom bubble, Dow lost 38%.

In 2008 till 2009 financial crisis, Dow lost 54%

This 2020, Dow lost 38.5% in 2 months. This is just a health crisis.

I think it the range is around 38% to 54% over a period of 34 years where these 4 crashes happened.

I expect the candles to stay close to the cloud (kumo) on HTF.

IYGEAL:



He even showed a snapshot. I still doubt.
Only him has said he was paid. Seems odd. Very odd.

How is this even possible?

TLAX:


I read somewhere that the stock markets pick up at least two quarters before economic indices show that the economy is on the path to recovery.

It is possible. But once there is excessive liquidity Injection, my dear, everybody don well.

In 2008, check the chart of Dow. Once they finalised on the liquidity to be injected, starting from 2009, market moved off.

We will see how this plays out.

RabbiDoracle:
NSE index has positioned for a powerful rise.

Big caps, banks could move it.

Don't chase price. This is the period of shake-out.

The Oracle.
Even the week that just ended was green for a good number of stocks.

RabbiDoracle:


In 1987, the swift financial crash made Dow lose 41% from its all time high.

In 1999 till 2001 dotcom bubble, Dow lost 38%.

In 2008 till 2009 financial crisis, Dow lost 54%

This 2020, Dow lost 38.5% in 2 months. This is just a health crisis.

I think it the range is around 38% to 54% over a period of 34 years where these 4 crashes happened.

I expect the candles to stay close to the cloud (kumo) on HTF.

Please where can I learn TA fundamentals. Seems this Coro will give man little time to try other things, remotely.

RabbiDoracle:


There are lots scenario that could play out:

- Resolution of Saudi - Russia tussle before 1st of April when both sides said they will start flooding oil around the world.
-US stockpiling to fill theur strategic reserve which Trump has mentioned
-Starting up of production in China and South Korea at an increasing pace.
-Peaking of cases in Spain, Italy, Germany and other EU states. This will tell investors that the crisis is almost over and that economic restart will be focused on.
-Peaking of cases in the US.

All these will play out (but not any time soon) but time will surely tell. I think on or before May we should be seeing the next direction concerning the containment of this Coronavirus. Presently it is all about playing both cards and hoping a therapies could come faster while waiting for real vaccines in the next 6-12 months. I know oil market will rebalance but not so fast

TLAX:
I have a feeling that word defensive stock is confusing people o people are confusing it with ability to defy price trend so i have gone to Investopedia, an authority on this type of matter and this is what it says a defensive stock is:

What Is a Defensive Stock?

A defensive stock is a stock that provides consistent dividends and stable earnings regardless of the state of the overall stock market. There is a constant demand for their products, so defensive stocks tend to be more stable during the various phases of the business cycle.

Yes that's true.
People always relate the defensive nature of a coy to its price. ...but that's never the case.
I've stated it here in the past.
That said, NESTLE can fit into the description of a defensive stock going by that definition.

For emphasis; A defensive coy has little or nothing to do with price but EVERYTHING to do with level of OPERATIONAL PERFORMANCE and EFFICIENCY plus the trend of BENEFITS to stakeholders !!

A defensive coy is usually;
1) The market leader in its operating sector/segment of business or at least an ECONOMIC MOAT(a sought of distinct advantage a company has over or ahead of its competitors) in its line of business.

2) A coy with a consistency in management efficacy and high cooperate governance.

3) A company with a high rate of cashflow return(div) against time.(benefits)

The 1st and 2nd point connotes operational performance and management efficiency, while the 3rd highlights the benefits/reward accrued to stakeholders over time.
These are the 3 KEY points that describes a coys defensive stance.

The likes of NESTLE, DANGOTE CEMENT, GTBANK, MTN, CAP and BETAGLASS etc, should naturally fit into that category.

The logic behind the 3 aforementioned points is why a GROWTH STOCK would oftentimes not be a defensive one, and why a defensive stock might not necessarily be the best VALUE STOCK.
So a GROWTH and/or VALUE investor will need to know how to seek a fine line between the 2 part in bold and their investment personality and goal.

Selah

LordAdam16:


Since you had to go there:

Let's go over the untruths you've been spouting out of your chronic TDS, shall we?



1. He has been screaming about China since 2016. He even started a god damn Trade War that the so-called "experts" called a bad idea. Not to forget that the transfer did not start under his watch but in the 80's and continued unabated under every US President both Rep and Dem. But I guess, it's always Trump's fault.

2. He has invoked the DPA. His administration is already using it to break up knots in the supply chain and empower the DOJ to go after hoarders. You wouldn't know about that because you get your information from the MSM who have an incentive to downplay such information. Also, the private sector is going over and beyond, so there's no point forcing them to do something they're already doing on their own accord. He is using the DPA as a Sword of Damocles.

3. The entire government global pandemic response team was bloated. Trump is a Republican. His party favors less government not more. The administration streamlined the team under Bolton so everything was under one roof. Departments rearrange organs and directorates all the time. https://www.reuters.com/article/uk-factcheck-trump-fired-pandemic-team/partly-false-claim-trump-fired-pandemic-response-team-in-2018-idUSKBN21C32M

4. He did not defund the CDC. The budget of the CDC has increased under Trump.


I'm sure your so-called list comprises of even more fallacy and fake news!



He gave us Buhari who is hiding from the cameras. Your god must be a sadist!



His medical advisers only care about tackling the coronavirus pandemic. Trump was elected to do what's best for the country so he looks at the big picture. Three million people have already lost their job. That's more than four times higher than the previous record of just north of 650,000 people in the 80's. Some analysts are projecting up to 20 million people will lose their jobs.

The US economy has been struggling to maintain a 2-3% GDP growth. Some analysts are talking about a -8% drop in just one quarter. To put that in perspective, The Great Depression in the 30's lasted 4 years, GDP fell 15%. Those numbers are scarier than coronavirus to anyone with a modicum of knowledge of economics. The longer the shutdown lasts, the longer and harder it'd take to restart; and the more misery that'd follow.

You can look at the Coronavirus infections/death counter and think that's bad; wait for the after-shock. You don't want to find out what people would do when they're desperate and the economy has gone to sh*t. That's what he's trying to prevent. Even during WWII, the US did not shutdown. This is not just a once-in-a-century pandemic. This is the first truly once-in-a-century global pandemic in the age of unfettered globalism where everything is interconnected. This is not the Middle Ages where you can just shut the city gate and wait out a seige when an invading enemy bears upon you. Stimulus has already exceeded 6T. The economic cost of this pandemic will exceed 20T when this has all blown over. That's money that's never coming back in losses or money borrowed from future generations. Oh and the lock down is just starting, with some "experts" expecting it to last until 2022.

So of course he is insisting, because he is seeing reports and estimates that'd make you send your kids to a bunker.



First off, apologies to any German Nigerian or Nigerian residing in Germany. But f*ck Germany.

They're the defacto leaders in the EU and bear as much blame as China in the spread of the virus. While the US, South Korea, Singapore, Hong Kong, and more countries were shutting their doors to China to contain the spread. Germany, the EU, and WHO were parroting CCP propaganda that closing the borders was xenophobic. Even Biden called Trump a xenophobe when he closed the border to China.

Meanwhile, the virus was festering in Europe, and they were exporting it to the rest of the world. Most infections around the world did not come from China, but from Europe that served as a petri dish because they refused to abandon their globalist utopia until it was too late. The outbreak in US, even here in Nigeria, was majorly from Europe. And when Trump belatedly closed the borders with them because of their errant stupidity, they raised their arms. Two days later, they did the exact same thing they should have done from the start.

Now, Germany is categorizing deaths from coronavirus differently than other countries to deflate their mortality rate.

As for the UK, I have nothing to stay. At first, they wanted to try to boost "herd immunity". A foolish idea under the circumstances and only went for the lock down when a UK paper examined the human cost of that mad science experiment.

Aside the European factor, the other major reason for the outbreak in the US is that the CDC bungled testing. Yes, that same CDC that had been receiving more funds made a hash of everything. Sending faulty reagents to labs across the country and taking weeks to "fix" things. And not to excuse the FDA with all their ridiculous red tapes. Maybe Trump should have reigned in on the bureaucrats earlier, but he trusted the so-called "experts" to fix their own mess; and they categorically failed.

The only countries that have done well in managing the crisis are China, South Korea, Hong Kong, Singapore, and Israel. The last three are small nations. China is China. South Korea is on another level that it's almost insulting to compare any Western nation to them. When you literally have an enemy country (North Korea) on your border position 15,000 artillery cannons and rocket launchers at your country, and same enemy country develop nuclear weapon to use on you, your crisis preparedness from the government to the kid in a public school would be at a stratospheric level.

Trump has aced the coronavirus response. And the lamestream media is truly an enemy of America. You literally have them discrediting a promising drug combination they had previously reported about just because Trump said it was worth taking a look at. Who needs enemies when you have citizens who want a drug combination that worked in France not to work in the US because they hate the President.

If you're going to reply this, you better have your ducks in a row and not spout another factually untrue talking point from the DEMOCRAT-MEDIA complex who are exploiting a global pandemic for their nefarious agenda. This is not r/politics.

Circling back to my first sentence. I was going to read and ignore until you tried to pass off your own ignorance (or as you call it 'inability to apply common sense') on Nigerians who have their own National Disgrace to worry out. Don't make that mistake again. Everybody eye dey red.

-Lord

Arrant nonsense


Especially coming from you


I'll address your points one by one

This is a stock thread but I really have to address it

LordAdam16:


Since you had to go there:

Let's go over the untruths you've been spouting out of your chronic TDS, shall we?



1. He has been screaming about China since 2016. He even started a god damn Trade War that the so-called "experts" called a bad idea. Not to forget that the transfer did not start under his watch but in the 80's and continued unabated under every US President both Rep and Dem. But I guess, it's always Trump's fault.

2. He has invoked the DPA. His administration is already using it to break up knots in the supply chain and empower the DOJ to go after hoarders. You wouldn't know about that because you get your information from the MSM who have an incentive to downplay such information. Also, the private sector is going over and beyond, so there's no point forcing them to do something they're already doing on their own accord. He is using the DPA as a Sword of Damocles.

3. The entire government global pandemic response team was bloated. Trump is a Republican. His party favors less government not more. The administration streamlined the team under Bolton so everything was under one roof. Departments rearrange organs and directorates all the time. https://www.reuters.com/article/uk-factcheck-trump-fired-pandemic-team/partly-false-claim-trump-fired-pandemic-response-team-in-2018-idUSKBN21C32M

4. He did not defund the CDC. The budget of the CDC has increased under Trump.


I'm sure your so-called list comprises of even more fallacy and fake news!



He gave us Buhari who is hiding from the cameras. Your god must be a sadist!



His medical advisers only care about tackling the coronavirus pandemic. Trump was elected to do what's best for the country so he looks at the big picture. Three million people have already lost their job. That's more than four times higher than the previous record of just north of 650,000 people in the 80's. Some analysts are projecting up to 20 million people will lose their jobs.

The US economy has been struggling to maintain a 2-3% GDP growth. Some analysts are talking about a -8% drop in just one quarter. To put that in perspective, The Great Depression in the 30's lasted 4 years, GDP fell 15%. Those numbers are scarier than coronavirus to anyone with a modicum of knowledge of economics. The longer the shutdown lasts, the longer and harder it'd take to restart; and the more misery that'd follow.

You can look at the Coronavirus infections/death counter and think that's bad; wait for the after-shock. You don't want to find out what people would do when they're desperate and the economy has gone to sh*t. That's what he's trying to prevent. Even during WWII, the US did not shutdown. This is not just a once-in-a-century pandemic. This is the first truly once-in-a-century global pandemic in the age of unfettered globalism where everything is interconnected. This is not the Middle Ages where you can just shut the city gate and wait out a seige when an invading enemy bears upon you. Stimulus has already exceeded 6T. The economic cost of this pandemic will exceed 20T when this has all blown over. That's money that's never coming back in losses or money borrowed from future generations. Oh and the lock down is just starting, with some "experts" expecting it to last until 2022.

So of course he is insisting, because he is seeing reports and estimates that'd make you send your kids to a bunker.



First off, apologies to any German Nigerian or Nigerian residing in Germany. But f*ck Germany.

They're the defacto leaders in the EU and bear as much blame as China in the spread of the virus. While the US, South Korea, Singapore, Hong Kong, and more countries were shutting their doors to China to contain the spread. Germany, the EU, and WHO were parroting CCP propaganda that closing the borders was xenophobic. Even Biden called Trump a xenophobe when he closed the border to China.

Meanwhile, the virus was festering in Europe, and they were exporting it to the rest of the world. Most infections around the world did not come from China, but from Europe that served as a petri dish because they refused to abandon their globalist utopia until it was too late. The outbreak in US, even here in Nigeria, was majorly from Europe. And when Trump belatedly closed the borders with them because of their errant stupidity, they raised their arms. Two days later, they did the exact same thing they should have done from the start.

Now, Germany is categorizing deaths from coronavirus differently than other countries to deflate their mortality rate.

As for the UK, I have nothing to stay. At first, they wanted to try to boost "herd immunity". A foolish idea under the circumstances and only went for the lock down when a UK paper examined the human cost of that mad science experiment.

Aside the European factor, the other major reason for the outbreak in the US is that the CDC bungled testing. Yes, that same CDC that had been receiving more funds made a hash of everything. Sending faulty reagents to labs across the country and taking weeks to "fix" things. And not to excuse the FDA with all their ridiculous red tapes. Maybe Trump should have reigned in on the bureaucrats earlier, but he trusted the so-called "experts" to fix their own mess; and they categorically failed.

The only countries that have done well in managing the crisis are China, South Korea, Hong Kong, Singapore, and Israel. The last three are small nations. China is China. South Korea is on another level that it's almost insulting to compare any Western nation to them. When you literally have an enemy country (North Korea) on your border position 15,000 artillery cannons and rocket launchers at your country, and same enemy country develop nuclear weapon to use on you, your crisis preparedness from the government to the kid in a public school would be at a stratospheric level.

Trump has aced the coronavirus response. And the lamestream media is truly an enemy of America. You literally have them discrediting a promising drug combination they had previously reported about just because Trump said it was worth taking a look at. Who needs enemies when you have citizens who want a drug combination that worked in France not to work in the US because they hate the President.

If you're going to reply this, you better have your ducks in a row and not spout another factually untrue talking point from the DEMOCRAT-MEDIA complex who are exploiting a global pandemic for their nefarious agenda. This is not r/politics.

Circling back to my first sentence. I was going to read and ignore until you tried to pass off your own ignorance (or as you call it 'inability to apply common sense') on Nigerians who have their own National Disgrace to worry out. Don't make that mistake again. Everybody eye dey red.

-Lord

1. He has been screaming about China since 2016. He even started a god damn Trade War that the so-called "experts" called a bad idea. Not to forget that the transfer did not start under his watch but in the 80's and continued unabated under every US President both Rep and Dem. But I guess, it's always Trump's fault


Yes its trump's fault
And 90% of America medical supplies are from China
Under his watch
That's true

During the trade war, the focus was not on the medical supply chain
Was there tariffs put in place to force these companies to produce at home and not China?
The answer is NO
The pharmaceutical lobby has Trump in their pocket, and Trump should be ashamed of himself



2[b]He has invoked the DPA. His administration is already using it to break up knots in the supply chain and empower the DOJ to go after hoarders. You wouldn't know about that because you get your information from the MSM who have an incentive to downplay such information. Also, the private sector is going over and beyond, so there's no point forcing them to do something they're already doing on their own accord. He is using the DPA as a Sword of Damocles.
[/b]

Invoked DPA

After the head is off
This is just STUPID

First of all, everyone has been appealing to him since to invole DPA.
But of course because he is a retard, he must have considered it coming from the Democrats like Bernie or cuomo as a hoax or a scam
He only invoked DPA after I made the comment on GM and another company (cant remember their name)

3. The entire government global pandemic response team was bloated. Trump is a Republican. His party favors less government not more. The administration streamlined the team under Bolton so everything was under one roof. Departments rearrange organs and directorates all the time.


Another piece of crap.
Something as sensitive as that is what you are calling "bloated"
Sounding like a typical retarded repiglican from Kentucky
Now they have been streamlined.
How efficient have they been?
With America taking the top spot in number of infections globally


4. He did not defund the CDC. The budget of the CDC has increased under Trump.


Trump budget proposals year on year cut funding to the CDC
I'm surprised you who claim to be "informed" is denying this.

The extra funding they get is due to Congress intervention
If you want links
I give you links


5[b]His medical advisers only care about tackling the coronavirus pandemic. Trump was elected to do what's best for the country so he looks at the big picture. Three million people have already lost their job. That's more than four times higher than the previous record of just north of 650,000 people in the 80's. Some analysts are projecting up to 20 million people will lose their jobs.[/b]

You see why I say all the time that u wannabe Conservative punk ass repiglicans are retarded?
Keeping your country safe is not in the best interests of your country?
Downplaying the seriousness of this pandemic is looking at the big picture to you?
Really?

The unemployment stats you posted is correct
The 3.3m unemployment claims
However how will you look at the big picture when uiir people are getting sick and dying
Are you for real?
His lack of proactive ness is to blame for this mess
Every sensible person knows this
(Well apart from those of you who have your head in Trump's ass because you see him as the alpha male nemesis of liberals and a Christian nationalist)

The US economy has been struggling to maintain a 2-3% GDP growth. Some analysts are talking about a -8% drop in just one quarter. To put that in perspective, The Great Depression in the 30's lasted 4 years, GDP fell 15%. Those numbers are scarier than coronavirus to anyone with a modicum of knowledge of economics. The longer the shutdown lasts, the longer and harder it'd take to restart; and the more misery that'd follow.


The voodoo economics being practiced by Trump is largely to blame for this
Let's leave that one aside


Trump has aced the coronavirus response. And the lamestream media is truly an enemy of America. You literally have them discrediting a promising drug combination they had previously reported about just because Trump said it was worth taking a look at. Who needs enemies when you have citizens who want a drug combination that worked in France not to work in the US because they hate the President.
Yea yea

Trump "aced" the response indeed.
The drug is "worth" taking a look at.
As the medical doctor that he is
If that news had come out from a medical agency
Maybe the response would have been different

Maybe does not cut it for drugs and medical issues




Circling back to my first sentence. I was going to read and ignore until you tried to pass off your own ignorance (or as you call it 'inability to apply common sense') on Nigerians who have their own National Disgrace to worry out. Don't make that mistake again

Statement of facts is what trumpsters refer to as ignorance, hoax and fake news
So I take it as a compliment coming from you
(I know your antecedents)

As for the rest of your points, especially about Germany
Germsny did very well in containing the casualties that would have befallen them.
You cant take that away from them

You dont need friends or enemies as a country when you have Trump as a president and a corrupt opposition like the democratic party which btw is also responsible in part fr the spread (Mr. Tom Perez, need I say more

What you guys are failing to factor into your analysis is what is referred to as model breakdown. All theories and concepts have underlying assumptions, this a time of to your tent o Isreal, we'll talk defensive in a normal market environment.

Other countries are suffering from the virus, Nigeria's own case is the worst because of the fall in oil prices and the corrupt and ignorant leaders. What was proposed at $57 is comfortably below $30. Saudi Arabia can be at this level for the next ten years. The $30bn loan those airheads approved will not get investors except at significant interest cost.

And what did the handlers of the economy plan to do? The dumb finance minister is banking on privatization inflows to replace the shortfall in oil revenue. The daft Emefiele went public with the news that they are no longer financing bdcs; that is the central bank that has an unlimited power to ease being hawkish in times of crisis.

DexterousOne:


Arrant nonsense


Especially coming from you


I'll address your points one by one

This is a stock thread but I really have to address it

Chief, you guys should just create a thread and handle this stuff there. No need spamming this thread.

I'll have to mention that this argument cannot be resolved because of the biases each of you brings to the issue.

Alternatively, you guys can wait till November to get your answers.

Northeastern:


Chief, you guys should just create a thread and handle this stuff there. No need spamming this thread.

I'll have to mention that this argument cannot be resolved because of the biases each of you brings to the issue.

Alternatively, you guys can wait till November to get your answers.

You hv a pojnt

Northeastern:
What you guys are failing to factor into your analysis is what is referred to as model breakdown. All theories and concepts have underlying assumptions, this a time of to your tent o Isreal, we'll talk defensive in a normal market environment.

Other countries are suffering from the virus, Nigeria's own case is the worst because of the fall in oil prices and the corrupt and ignorant leaders. What was proposed at $57 is comfortably below $30. Saudi Arabia can be at this level for the next ten years. The $30bn loan those airheads approved will not get investors except at significant interest cost.

And what did the handlers of the economy plan to do? The dumb finance minister is banking on privatization inflows to replace the shortfall in oil revenue. The daft Emefiele went public with the news that they are no longer financing bdcs; that is the central bank that has an unlimited power to ease being hawkish in times of crisis.

You have a very valid point here

thebargainhunte:


You too good...what will be your explanation on Monday if it starts to tank again?

Am not in anyway discrediting you. In stock markets, buying and selling goes on simultaneously, so when it's green, it means there is more buying than selling and when it's red, it's the opposite. so if it still tanks on Monday, that means selling off is still taking place.

from the charts, looks like France and Italy are already peaking in their cases. If the trend continues this week, Spain, Germany and other EU nations will start peaking too followed by US. The month of April might just likely be the month we have all been waiting for. We hope for the best.

Northeastern:
What you guys are failing to factor into your analysis is what is referred to as model breakdown. All theories and concepts have underlying assumptions, this a time of to your tent o Isreal, we'll talk defensive in a normal market environment.

Other countries are suffering from the virus, Nigeria's own case is the worst because of the fall in oil prices and the corrupt and ignorant leaders. What was proposed at $57 is comfortably below $30. Saudi Arabia can be at this level for the next ten years. The $30bn loan those airheads approved will not get investors except at significant interest cost.

And what did the handlers of the economy plan to do? The dumb finance minister is banking on privatization inflows to replace the shortfall in oil revenue. The daft Emefiele went public with the news that they are no longer financing bdcs; that is the central bank that has an unlimited power to ease being hawkish in times of crisis.

@Northeastern @nna777 and others
Please I have this question that keeps bugging me for the couple of years I have been in this market


Why are we too exposed to the foreign investors (FPIs) such that when they start pulling out, the NSE feels the heat?


Is it that this country is not rich enough to have more and bigger institutional investors? And individuals of course
Or is it that the general interest is just not there among Nigerians?


Just thinking out loud

I think we should find a way to reverse this reality

nna777:
from the charts, looks like France and Italy are already peaking in their cases. If the trend continues this week, Spain, Germany and other EU nations will start peaking too followed by US. The month of April might just likely be the month we have all been waiting for. We hope for the best.

Amen o

DexterousOne:



@Northeastern @nna777 and others
Please I have this question that keeps bugging me for the couple of years I have been in this market


Why are we too exposed to the foreign investors (FPIs) such that when they start pulling out, the NSE feels the heat?


Is it that this country is not rich enough to have more and bigger institutional investors? And individuals of course
Or is it that the general interest is just not there among Nigerians?


Just thinking out loud

I think we should find a way to reverse this reality

Do you think it is all Nigerians that have bank accounts?

Then imagine trading stocks. Someone who is scared of owning a bank account avd depositing money cannot buy bank stocks.

I don't think there is any country that prevents foreigners from investing in their stock markets. So if they want to bring money to buy your stocks, will you say no.

The only thing you can do is to enact laws that would make them pay if they are exiting early. Some countries have higher Capital Gain Tax (CGT) if you hold less than 1 year. Some give lower CGT if you hold longer 2 years, 5 years etc.

nna777:
from the charts, looks like France and Italy are already peaking in their cases. If the trend continues this week, Spain, Germany and other EU nations will start peaking too followed by US. The month of April might just likely be the month we have all been waiting for. We hope for the best.

Nigeria is still at growth phase. I think it is still gathering momentum but from number of reported case, there was no new case in Lagos.

RabbiDoracle:


Do you think it is all Nigerians that have bank accounts?

Then imagine trading stocks. Someone who is scared of owning a bank account avd depositing money cannot buy bank stocks.

I don't think there is any country that prevents foreigners from investing in their stock markets. So if they want to bring money to buy your stocks, will you say no.

The only thing you can do is to enact laws that would make them pay if they are exiting early. Some countries have higher Capital Gain Tax (CGT) if you hold less than 1 year. Some give lower CGT if you hold longer 2 years, 5 years etc.

Oracle, you are right. What happened to exiting early with big losses? Just to look at both sides?

Northeastern:
What you guys are failing to factor into your analysis is what is referred to as model breakdown. All theories and concepts have underlying assumptions, this a time of to your tent o Isreal, we'll talk defensive in a normal market environment.

Other countries are suffering from the virus, Nigeria's own case is the worst because of the fall in oil prices and the corrupt and ignorant leaders. What was proposed at $57 is comfortably below $30. Saudi Arabia can be at this level for the next ten years. The $30bn loan those airheads approved will not get investors except at significant interest cost.

And what did the handlers of the economy plan to do? The dumb finance minister is banking on privatization inflows to replace the shortfall in oil revenue. The daft Emefiele went public with the news that they are no longer financing bdcs; that is the central bank that has an unlimited power to ease being hawkish in times of crisis.

Russia and Saudi can't hold out for long. Their economies will definitely enter into recession and the world is flooded with oil. It is only a matter of time, all storage vessels around the world will be filled up and countries will start to shut in well. They are both feeling the heat.

You see Brent, it will hit above 80. But the next fall of Brent again will be $5. That is when the electric revolution will start. This event, this period, looks like a pilot test of : Work From Home (WFH), online schooling, world without traffic, electric vehicles, online shopping, green earth. Greta Thunberg will be so excited.

Are you noticing something? NASA keeps reporting air pollution reduction in all major cities that are having lockdown. Though this is to tell you that factories are closed and manufacturing isn't going on. But to me it is telling me that it is a pilot test for something to come in future.

I believe a new era will be birthed after this.