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MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)

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Re: Us Stocks Pick Alert by gamaliel9: 8:01pm On Jun 06, 2020
Next week will be boom. Powell is going to unleash another stimulus....

1 Like

Re: Us Stocks Pick Alert by DexterousOne(m): 8:07pm On Jun 06, 2020
OakPearl:


Your scepticism is in order.
No one wants to be a victim of loss.

However, if I may throw more light, the companies behind these apps are like agents commissioned by US licensed brokers to serve as reliable source of broadening market participation to parts of the world where the typical American broker has no presence and can't do due diligence on potential customers.

So even if Trove goes under, your stocks remain in your name in the books of the registrars of the companies you have and that of the stock broking house Trove works with.

It's similar to what happens in the Nigerian Stock Exchange. If a stock broker goes out of business, your stocks remain in tact with the CSCS depository. All you need do is change broker and get CSCS to do your transfer to a new broker.

If this is the case
Then I am more comfortable
Re: Us Stocks Pick Alert by DexterousOne(m): 8:14pm On Jun 06, 2020
IYGEAL:


They accept Nigerians too. You just have to have a domiciliary account.


Thank you for the information
Re: Us Stocks Pick Alert by mikebabs101: 8:46pm On Jun 06, 2020
Pls gurus on this thread, which of the us stocks can one buy basically for long term and dividends and also how often are these dividends paid ?
Re: Us Stocks Pick Alert by gamaliel9: 9:02pm On Jun 06, 2020
June jobs will be millions

July job will be millions

all positive..what a bull season

1 Like

Re: Us Stocks Pick Alert by abuabdullah: 10:01pm On Jun 06, 2020
gamaliel9:
June jobs will be millions

July job will be millions

all positive..what a bull season

Be optimistic with caution. Many analysts are predicting a second market crash.
Re: Us Stocks Pick Alert by Houstency(m): 11:03pm On Jun 06, 2020
arduino:

RCL has gone very far bros..... Look towards NCLH

Thank you Sir.
Re: Us Stocks Pick Alert by ebuka1997: 11:09pm On Jun 06, 2020
OPEC has agreed on extending cuts and Oil prices are nearing support at $40. Next week may belong to Oil Stocks as other sectors have boomed, Airlines, Consumer Goods... even Hertz a company that declared bankruptcy rallied almost 300%.

1 Like 1 Share

Re: Us Stocks Pick Alert by ebuka1997: 11:12pm On Jun 06, 2020
abuabdullah:


Be optimistic with caution. Many analysts are predicting a second market crash.

Some analysts may be betting against the market and are hoping it drops.. the question is can they go against the Fed? I think the markets would reverse when Fed stops showing interest. Trump even said recently that Warren Buffett made a mistake dumping Airline Stocks and he can’t be right all the time, I don’t think he’s right tho, Buffett was thinking long term when he took the decision. With Trump and Powell pumping the markets, it might just go on.. My opinion.
Re: Us Stocks Pick Alert by arduino: 11:33pm On Jun 06, 2020
ebuka1997:
OPEC has agreed on extending cuts and Oil prices are nearing support at $40. Next week may belong to Oil Stocks as other sectors have boomed, Airlines, Consumer Goods... even Hertz a company that declared bankruptcy rallied almost 300%.
Chai..... And one mind was telling me to buy OIS, NAT and some cheap Canadian oil firms on Friday ooohhh.
Re: Us Stocks Pick Alert by Jotrade: 11:34pm On Jun 06, 2020
For new trader

2 Likes

Re: Us Stocks Pick Alert by Rhymeyjohn: 11:36pm On Jun 06, 2020
Tobex4realTobex234:


Chaka, Trove or Bamboo

How about Rise. I read about them. They help Nigerians to invest in US securities and real estate.

Does anyone know Rise app here?
Re: Us Stocks Pick Alert by ebuka1997: 12:28am On Jun 07, 2020
arduino:

Chai..... And one mind was telling me to buy OIS, NAT and some cheap Canadian oil firms on Friday ooohhh.

Oil stocks started rallying on Friday, there might be chances of pullback tho. With Airlines demanding for Oil again and social distancing on planes means Airlines would need to take more flights in the near future, that’s even more demand for oil. Oil may take off this week when investors start pricing it in, also as people start going out again and using gasoline.... the Casinos in Vegas were full this week grin Americans love going out.

1 Like

Re: Us Stocks Pick Alert by thesilentone(m): 9:18am On Jun 07, 2020
Jotrade:
For new trader

Even experienced traders/investors. Elder is a true elder in the game.

1 Like

Re: Us Stocks Pick Alert by Wanity(m): 12:19pm On Jun 07, 2020
Please guys I noticed that some of the USA stocks are not listed on Chaka platform

For example stock like GNUS, BORR, SHIP

Is there something I failed to understand about the platform
Re: Us Stocks Pick Alert by Miscellaneous(m): 12:23pm On Jun 07, 2020
Tobex4realTobex234:


Chaka, Trove or Bamboo

Please, out of these three which is better?
Re: Us Stocks Pick Alert by Wanity(m): 2:57pm On Jun 07, 2020
Wanity:
Please guys I noticed that some of the USA stocks are not listed on Chaka platform

For example stock like GNUS, BORR, SHIP

Is there something I failed to understand about the platform
Re: Us Stocks Pick Alert by afroxyz: 3:33pm On Jun 07, 2020
abuabdullah:


Be optimistic with caution. Many analysts are predicting a second market crash.

I feel there would be a second crash. Probably after the election period. The stock market goes in cycles. Whenever there is an election year, there is lots of liquidity in the market. This is done to put the Govt in good light because they need votes. After the elections there tends to be a massive squezze in the market and less liquidity. Voter's can't take revenge at this stage.

Could this be the reason we are seeing stimulus packages by the Feds especially in companies like AAL that have a bad balance sheet? Maybe. The ogas here can throw more light.
Re: Us Stocks Pick Alert by afroxyz: 3:34pm On Jun 07, 2020
[quote author=Wanity post=90408654][/quote]

Not all stocks are listed on the platform
Re: Us Stocks Pick Alert by sonnie10: 7:00pm On Jun 07, 2020
afroxyz:


I feel there would be a second crash. Probably after the election period. The stock market goes in cycles. Whenever there is an election year, there is lots of liquidity in the market. This is done to put the Govt in good light because they need votes. After the elections there tends to be a massive squezze in the market and less liquidity. Voter's can't take revenge at this stage.

Could this be the reason we are seeing stimulus packages by the Feds especially in companies like AAL that have a bad balance sheet? Maybe. The ogas here can throw more light.
You can use a three position Option strategy to mitigate that fear of a second crash. But a Put option with a Stop loss and two Call options all at the same expiration date. Its all about risk management.
Re: Us Stocks Pick Alert by tunene66: 8:45pm On Jun 07, 2020
Rhymeyjohn:


How about Rise. I read about them. They help Nigerians to invest in US securities and real estate.

Does anyone know Rise app here?

I do
Re: Us Stocks Pick Alert by YerYer: 2:01pm On Jun 08, 2020
Houstency:
Please I need your ideas on a cruise stock RCL, what is the safe entry point for it? @Oakpearl @Yeryer and other gurus in the house. Thank you

The cruise lines are also rallying hard as well. There's hardly any resistance to slow this rally as sellers have exhausted themselves and taking a break at the moment. Plus RCL is no where near its january high if $135 so I think it has more legs to run. But just be careful because even In a bull market there will be dips.

1 Like

Re: Us Stocks Pick Alert by YerYer: 2:12pm On Jun 08, 2020
Madisonsqua:
I have to throw my hat for the men here.....you guys are the real deal @ @oakpearl, Yeryer and many others...unfortunately many youth come on this forum just to abuse and gossip.....why some are making real cash ....

The word stock alone scares me....but this thread build my confident....been following quietly for some time now,although with my other moniker....

I usually invest in real estate, mutual funds and ETF...

After following this thread for nearly a month, I decided to do some trial and error.. learning from my mistakes with my hard cash...

But so far , in 3 weeks, I have turned $15k into $21k.....some days are red but the land is mostly green.

I think this thread will be my new tv ahahah.....it feels so good to watch ur money grow like grass....

I use Yahoo finance, fool.com and investors place for guidance and information......I dont know much but I always read their conversations instead of boring myself with too much.


Thank u guys


Damn, look at that. Over 40% in just how long? That's no small feat and living proof you don't have to be an MBA degree holder to grow your money. I give you all the credit boss, you took a big leap and its paying off, congrats.
Honestly I love when people post their gains no matter how big or small, it will encourage many folks that have been on the sidelines. As Nigerians we can be suspicious at times but once we see more people reporting positive feedback, it encourages us to take a chance. Before I started, I used to have my bank invest low risk mutual funds and bonds, every year I will male like 4% and the bank will still keep 1%. But then a co worker of mine advised me to invest my money myself and it was around the same time I stumbled upon another nairaland thread about US stocks. It's really not rocket science, everyone can grow their money in stocks.
Congrats once more!!

2 Likes

Re: Us Stocks Pick Alert by YerYer: 2:21pm On Jun 08, 2020
abuabdullah:


Thanks Yeryer for dropping another useful website. Kindly explain how to use info on the website for buy opportunity.

Oh I just came across that site. But basically you seek out heavily shorted stocks on an uptrend. The idea is those who shorted the stock may be forced to buy them back at a higher price which further propels the stock. I believe finviz.com also have a filter for heavily shorted stocks.

2 Likes

Re: Us Stocks Pick Alert by gamaliel9: 2:27pm On Jun 08, 2020
YerYer:


Oh I just came across that site. But basically you seek out heavily shorted stocks on an uptrend. The idea is those who shorted the stock may be forced to buy them back at a higher price which further propels the stock. I believe finviz.com also have a filter for heavily shorted stocks.


Please what is the name again of the site?
Re: Us Stocks Pick Alert by OakPearl(m): 2:32pm On Jun 08, 2020
With Airlines stocks still soaring in anticipation of resumption of flights coupled with flight schedules already being released by operators, oil stocks is next to join in the current rally.
Oil stocks to watch include the following:
Exxon Mobil - XOM $54.70
Halliburton - HAL $15.81
Slumberger - SLB $21.99
Occidental Petroleum - OXY $20.79
Transocean -RIG $2.50
Energy Transfer - ET $9.16
Apache Corp - APA $16.07
Oasis Petroleum - $1.64
Ovintiv Inc - OVV $10.51
Western Midstream - WES $11.20
Enable Midstream - ENBL $6.43
PBF Logistics - PBFX $13.20

Quick money waiting to be minted from the above.
Choose your choice.
Due diligence advised.

3 Likes

Re: Us Stocks Pick Alert by YerYer: 2:33pm On Jun 08, 2020
gamaliel9:



Please what is the name again of the site?

Oh www.highshortinterest.com

1 Like

Re: Us Stocks Pick Alert by kudostim(m): 2:39pm On Jun 08, 2020
Hello Wonderful people..
I sold some shares on trove since four days now and have not received the credit in my wallet... please what could be the cause of this
Re: Us Stocks Pick Alert by Skymoore1004: 2:40pm On Jun 08, 2020
Boeing is just giving me joy
Re: Us Stocks Pick Alert by Skymoore1004: 2:52pm On Jun 08, 2020
Both 20 shares of the bolded and it has given me almost x3 already
OakPearl:
With Airlines stocks still soaring in anticipation of resumption of flights coupled with flight schedules already being released by operators, oil stocks is next to join in the current rally.
Oil stocks to watch include the following:
Exxon Mobil - XOM $54.70
Halliburton - HAL $15.81
Slumberger - SLB $21.99
Occidental Petroleum - OXY $20.79
Transocean -RIG $2.50
Energy Transfer - ET $9.16
Apache Corp - APA $16.07
Oasis Petroleum - $1.64
Ovintiv Inc - OVV $10.51
Western Midstream - WES $11.20
Enable Midstream - ENBL $6.43
PBF Logistics - PBFX $13.20

Quick money waiting to be minted from the above.
Choose your choice.
Due diligence advised.
Re: Us Stocks Pick Alert by OakPearl(m): 2:57pm On Jun 08, 2020
Madisonsqua:
I have to throw my hat for the men here.....you guys are the real deal @ @oakpearl, Yeryer and many others...unfortunately many youth come on this forum just to abuse and gossip.....why some are making real cash ....

The word stock alone scares me....but this thread build my confident....been following quietly for some time now,although with my other moniker....

I usually invest in real estate, mutual funds and ETF...

After following this thread for nearly a month, I decided to do some trial and error.. learning from my mistakes with my hard cash...

But so far , in 3 weeks, I have turned $15k into $21k.....some days are red but the land is mostly green.

I think this thread will be my new tv ahahah.....it feels so good to watch ur money grow like grass....

I use Yahoo finance, fool.com and investors place for guidance and information......I dont know much but I always read their conversations instead of boring myself with too much.


Thank u guys

Very proud of your results sir.
Nothing ventured, nothing gained.
If they are short term investments/trades, watch over your profits with an eagle eye so you can bail out at the slightest sign of retracemet with your profits booked.

1 Like

Re: Us Stocks Pick Alert by OakPearl(m): 2:59pm On Jun 08, 2020
Skymoore1004:
Both 20 shares of the bolded and it has given me almost x3 already

Wow! Wow!! Wow!!!
This forum is blessed with great movers.
What a dude!
Keep riding bro.

1 Like

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