REVIEWING THE CHARTS AS AT 22 NOV - 5AM WAT
Generally, the market is trending up. However, the scaring remark from FED concerning rate hike seems to be like a notice of caution which market believed is unnecessary.

As usual we want to protect our capital first and put gains secondary. Most of the SPDR sector indexes are moving up, even XLF that is down is even having a strong support. A good candidate her is EPD(good for dividends).

Tech stocks are making a comeback??

MARKET IS GETTING VERY SWEET BUT CHAKA HAS FALL MY HAND

I am giving serious consideration to start moving some of my trading to TROVE. Actually, I am more at home with the foreign based APPS, like now I cannot do without SPROUTIFI. Chake is just on standbye and basically for my *coffee can strategy/plan".

Theses days I am not interested in writing to any APP that they need to add a stock that is not available to their platform as I have alternative platform to use. This is a market, if you do not have what I want to I move to another store or platform and do my transaction, at least you are making some profit from transaction) although it may look small for now).

So fast Howard, Chaka not having a stock like AEHR is unacceptable (thank God for SPROUTIFI, you can get most good stocks here, except that the commission is lower compared with TROVE that has nearly all stocks available in SPROUTFI, except for the higher commission and the fact that you have to trade minimum of $50 at a time to get reasonable commission).

So, I am moving some of my action to TROVE, the $50 minimum per transaction may not be a big deal once we made up our mind, but I hope the platform will not have regular breakdown?). For now I am limiting myself to the 3 platforms I have mentioned here, except a big firm like the old PASSFOLIO shows up again.

I see more newbies joining us soon. The Nigeria market is too dull and with too many disadvantages for small individual investors (many companies there are close to pure fraud, there are companies/individuals that should have been banned from raising money from the capital market that are in that system, I will not mention any name, buy if you do "buy and hold" for some Nigerian stocks, especially those not paying dividend, it would have been better you go and throw the money into the Lagoon, at least you know you will not see the money again, I read how stock bought for N1m or so become 11,000 (eleven thousand Naira after over ten years !!! Yes, story was in this Nairaland, however, I did not bother to read it, since the person was talking about Nigeria, you know when you see the word Nigeria and fraud side by side, it is no more new, it is like a normal thing).

I am happy here, I am enjoying myself and I wish everybody the best.

LET US MARK DOWN TODAY IT IS A DOUBLE AWARD FOR THE BULLS
Chinese stimulus, US approval of spending limit/inflation soft pedaling!!! The bears must go into hiding!!!

Let us enjoy this bullish regime. For our private members, our stock picks are getting better and will continue to get better. We saw what we added to our portfolio yesterday, we will send update again today.

TODAY CHAKA AND SPROUTFI HAS GONE TO SLEEP
Among our local platforms, only TROVE is up and running for today.

With this, I am given serious consideration to trade on Trove, only limitation is that you need to trade a minimum value of $50 at a time to at least limit the effect 9f the minimum commission of $0.50

May be worth considering. At least will provide an alte8when other platforms are dead temporarily!!!

INFLATION DOWN IN US- COAST NOW CLEAR FOR THE BULLS

If your portfolio fails to move to the positive side today, you need to seek help!!!

TODAY THE ENERGY STOCKS ARE SHOWING SOME STRENGHT
Many energy stocks are in strong support zone. Also URANIUM stocks are back on stream. Today I bought UEC

30 minutes after market opening tommorow, OCTOBER CPI report would be out. Initially, response would be negative no matter the outcome. However, if the report is favorable (inflation is lower than Forcast, then expect the bulls to take over the market for the medium term).

Wishing everybody the best of luck.

MARKET IS IN KILLER MODE AT A POINT WHERE BULL OR BEARS CAN WIN ANYDAY
Market was bullish this week Friday, but please do not start jumping up that bulls are back!!! Monday and early Tuesday, the bear is likely to be back strongly and from late Tuesday onwards, the bull have to take over all things beign equal.

Wishing all the best. This is the best place to be for US stocks. Why, this is where you get more update comment/analysis and by God's grace we will get better ( I am sure I have the Support of our GO here). People should not worry much our GO is in the mountain to pray for the bulls to come back to the market. So let us continue to pray for OAKPEAL as the originator of this forum, I am sure he want us all to make money.

Capitas7:

2. Long term prospects with regards cloud, AI, exponential developments/expansion in this sector, etc. for both growth and value sake.

I will only comment on the long term prospect. AI have just started, equipment makers are the current beneficiaries and the long term belongs to AI software makers (for best AI software stocks our private group member will be given specific names).

Just think of AI as the development of social media, see now social media has now become: medium of obtaining justice (Mohbad case). a very useful tool on recovering debt from reactant debtors especially if it is a company (if ant company is owing you and they have a web presence, just joking the it group and post their, I am sure they will beg you that they will pay, I have experienced this), AI can replace some professions and render some professions useless (who will need Customer service staff ater AI is fully developed, few, Customer service staff have to become real marketers or upgrade to become AI operators themselves) etc.

So conclusion. Investment in AI is not likely to go wrong, as long as you buy strong companies.

THIS IS SUMMARY OF POWELL' SPEECH
FED Chairman has spoken!!! Sometimes I wonder how a Fed Chairman will be comporting in the public, since every word he speaks always creat reaction in the market.

This POWEL speach is bearish for the short term. So what do we do with it. Depending on our portfolio, the sectors that are weak will be first at risk. Looking at our charts, the first casualty will be "Cooper related stocks". So may be a good time to take pf8t on some ogmf them??

For bitcoin stocks, we may still hold and see what happens tommorrow.

OUR BITCOIN STOCKS PERFORMED AS EXPECTED ALSO MARKET IS UP AND POWELL SPOKE

With what my Portfolio is showing. POWELL must have spoken well. Whoever can give update/round up of Powell's speach should give it here.

I am busy with other things, but if no volunteer, I may give a summary. With what I saw, what POWEL said must be well for stock, unemployment for the week looks higher than expected, probably this may have tied Powell's hand on rate hikes. We see later.

TODAY IS LIKE "DAY OF BITCOIN"
Looking at the premarket, Bitcoin stocks will do well today.

Just like the Chinese use to name every year we too can name the day, we will call today or this week "THE WEEK OF THE BITCOIN STOCKS"

If we are wondering, how is it that we are in the market nearly everyday!!! Our strategy is to ensure we have some stocks that serves as backups or our defence line (these are the dividend paying stocks). So even if I am not putting fresh funds into the market, I should have inflows from my dividends and this I can invest as soon as they are paid.

Chaka has made this strategy to be possible, such that if I receive $0.02, I can use it and my commission is still limited to 1.5% per trade (quite high, but looking at the Nigeria environment, it should be manageable or we can say it is a fair deal, although not the best)

I CANNOT SEE ANY LOCAL MARKET THAT CAN BEAT THIS GLOBAL STOCK MARKET!!!
With the numbers of equities/ETF available (over 8,000 to 12,000), you have so many stocks to chose from.

Also, the size of stocks also present some challenges, as you will need some form of technology/screener to know which one will be profitable. So for those who want to learn with their money and on their own, I wish the Goodluck.

For today we look forward to Powell's speech about one hour after market opening and another FED speaker again towrda market closing. If Powell's speach doesn't bring down the market (I doubt if it would, Powell has already had his day last Wednesday), this will be a big bosser to the bulls. We fold our hands to see.

For whoever cares, again we added another bitcoin related stock yesterday (HUT).

I envisage the time is coming when more people will rush into the Global stock market!!! And for the first time they are likely to receive a baptism of fire (they will be confronted with losses, except they try and study the long-timers, but most long timers (especially the profitable ones) will have no time to give their knowledge for free!!!

THERE IS TIME FOR EVERYTHING
This is a time to wait and trade with caution

TIME TO COME BACK TO THE MARKET
Our scan revealed that many stocks have just crossed the 200day EMA to the upside (PLTR, MSFT, Microsoft) etc.So for people who have stayed away due to the recent bearish move, it may be a good time to come back!!!

Cross above 200ema is a signal that Institutions follow to start buying. So there is opportunity on tech, Bitcoin stocks among others. We will mention some specific names for our group members.

Happy investing to all. And for new members that will be visiting this forum, we welcome you to the opportunity of having the chance to invest in the global market which may offer you returns that may be a b[b][/b]etter hedge against inflation as compared to the local market.

THIS FORUM IS GOOD
Thanks to OAKPEAL for creating this forum. I am enjoying myself here.

I hope our various portfolio is showing more green today!!! On my side, the grass is GREEN!!!

We still believe in BITCOIN, ENERGY, TECH and the flying car industry (see my previous posting on ACHR). Market is sweet and our indicators are even making it sweeter

I MA NOT COMFORTABLE WITH DUST IT IS JUST A SHORT TIME PLAY
TODAY bought MARA

Sorry no long story. Our chart told us to buy

THE TYPE OF MOVE TECH STOCKS ARE MAKING TODAY IS THE REASON SOME GOOD TRADERS WILL NEVER CARE ABOUT MATERIALS OR RESOURCES RELATED STOCKS

Somehow, I can reason with them!!!

TODAY IS LIKELY TO BE A SWEET DAY IN THE MARKET

Let us sew

TRADING THE EARNINGS/NEWS RELEASE CAN BE DANGEROUS
Looking at the turn of the market towards the closing hour, it seems rate cut may not come, neither is a rate pause possible by FOMC.

So concensus is favoring retaining the current rate. However, some indicators are just too good. I use to see a lot of reds on my portfolios previously, but theses days, the greens are appearing. Took a dangerous trade in DUST, our indicator told us to buy and alas trade is in green in a period that profit is scrace in the market. This is a defensive play which is not intended for long term hold, if the market give me 10% by tommorrow (I am out to wait for bulls to return to the tech stocks ).

AS AT THIS POINT IN TIME IT IS LIKELY DIFFICULT TO GO WRONG ON THE BEARISH SIDE

With Fed having all the reason to continue with rate hikes? The bulls have been chained, if the job report/inflation report goes the way that favour rate hike, the we should expect more bearish trend in the market.

EXTRACT-- TARGET TECHNICAL ANALYSIS MESSAGE TO GROUP MEMBERS 26 OCT

Bitcoin is still in uptrend, while we wait for market to open today and see reaction of the market to the US GDP growth report, the Country has excaped people's expectation for recession, the GDP growth indicating recession is likely to take the market down heavily. So, we fold our hands, while we look forward to playing on the bearish side soon.

N:B - FOR DETAILS, JOIN THE GROUP? THE GROUP IS FOR PAYING MEMBERS ONLY, WHO ARE IN OUR SUBSCRIPTION SERVICE.

SUPRISINGLY NEARLY ALL OIL STOCKS IN OUR PORTFOLIO ARE ABOVE WATER
When you have bought in the right zone, it will take a lot of time for your profit to turn to loss, as long as it is not close to earnings date!!!

MARKET IS IN A CONFUSION ZONE- ONLY BITCOIN IS IN CLEAR UPTREND

A time to wait till we get a clearer view of the market. Rushing to buy anything at this point is a clear losers' game.

Let us see how the market will do tomorrow morning, Powel speaking late today and GDP growth tomorrow on market opening.

Today's report on home sales and Oil storage level are pointing to negative expectation by the market. Stage already set for Powel to probably let a strong wind be behind the sail for the bears, but we wait for tomorrow to see actual market reaction, as it is difficult to predict the market!!!. Temporarily let use be prepared to cash some profits and the wait patiently to join the bears all things being equal .

We are in this market for the long haul, we take this market serious as our money is at stake.

Wishing all the best.

We welcome back OAKPEAL. Let us be assured that this forum has come to stay. People who are watching from afar, will be more than willing to join us when our portfolios become stable. Now we are in the building up process!!!

WHAT WE SHARED IN OUR PRIVATE FORUM TODAY!!!
The buzz word today is BITCOIN, URANIUM!!!

Our message gave furtger details.

MARKET IS BECOMING VERY DIFFICULT - IF YOU WANT TO LEARN FROM YOUR EXPERIENCE, YOU WILL HAVE TO INCURE BIG LOSSES
Today we have planned what to do in our group. We are interested in just one industry's (BITCOIN STOCKS). This sector of the market has been showing positive divergence and we are recommending just 2 strong stocks, COIN and another dividend paying bitcoin ETF.

At Least if we are wrong, we want a stock that is close to our Coffee can principle. At this time inverse ETFs cannot be ruled out, only proble is that most of the inverse do not have momentum on their side yet, but by this weekend we should be able to know if inverse ETFs will be okay or not.

Wishing everybody well. We need to get knowledge and understanding to be able to survive in this market.

BRENT SHOWING SO MUCH STRENGHT

oUR INDICATOR IS TELLING US RESISTANCE IS STILL FEARLY FAR at 95.059. But, if it falls below 89.338 before reaching that resistance, we should take some of our profits in oil stocks.

THE MARKET IS RAINING FIRE!!!
In this kind of environment we just need to keep our cash.

We are still looking at the situafion to know when to start fully on inverse. Problem is that fully going for inverse is risky as most of them have not entered momentum zone. This is a time to stay outside or buy only strong pullbacks in energy stocks and some few technology stocks.

So some moment of quietness here is not unusual. But we are still watching the market.

In the subscribers message we discuss about 'coffee can investing' (the strategy can work well on the Global market, and on some few stocks in the Nigerian market) . Looks interesting, and will now be incorporated in our subsequent analysis. Did you observe what the stock we mentioned did today? Not too bad!!!

IN TERMS OF NUMBER OF NUMBER OF STOCKS AVAILABILITY TROVE HAS MORE STOKE THAN CHAKA

I am surprised that DNA is not available in chaka. Looking at this, I am seriously looking at how I can now transfer some transactions to Trove. This I will consider.

Today was not a bad day, some losses were recouped.

On the whole, I will continue to say, no market as good as the Global stock market. You can buy stocks in so many Continents?

WE NEED TO HAVE OUR OWN INDICATORS
Recently we should have noticed that tradingview has continue to reduce the free Custom indicator scripts available. It was reduced from 3 to 2 and even some indicators become unavailable after some time.

For the above reason, it is better to have our own indications. The good thing is that the indicators can be tailored to our own belief and conviction.

At target technical, we can give you tailored made indicators that can make you a profitable trader.

For today the buzz word in the market is oil!!! What I like about the oils sector is divided, the sector pay high dividend than other sectors.