CHART PATTERN

TA SIGNALS

NEW LOW

Filed under: NIGERIAN STOCKS TECHNICAL ANALYSIS SIGNALS

TA SIGNALS

CHART PATTERN

SUPPORT & RESISTANT LINES

Filed under: NIGERIAN STOCKS TECHNICAL ANALYSIS SIGNALS

SOFTWARE ERROR

• GAINERS AND LOSERS FOR MAY 17 2012
• PORTLAND PAINTS & PROD NIG PLC
• THE TOURIST COMPANY OF NIG PLC

Today wasn’t such a good day for the overall market as all Indexes closed in Red marginally (except NSE Insurance) coupled with trading engines shutting down twice delaying overall market reports.

it seems like we had a “Skynet day” like in Wall Street where computers attempted to take over the world.

So far, the market direction is extremely unclear and there is no strong indication if this is turning into a continuous  bear trend or is it rebounding from a short term pullback and heading higher.

In accordance with the primary bull trend, the inclination seems to be pointing upwards but as trend followers, we prefer not to make guesses and wait for the market to make a decision so we can simply follow. Remember, the market is no place for soothsayers.

Expect our TA Reports tomorrow

Filed under: MARKET INFO, NIGERIA STOCK MARKET ANALYSIS, NIGERIAN STOCK EXCHANGE, NIGERIAN STOCK EXCHANGE MARKET ANALYSIS Tagged: PORTLAND PAINTS & PROD NIG PLC, THE TOURIST COMPANY OF NIG PLC

PRICELIST FOR MAY 17 2012

Filed under: NSE PRICE LIST

Nigeria Stock Market:

• 17/5/2012 Nigeria stock exchage

HOW HEALTHY IS TODAY’S REBOUND?

RESULTS

• MAY & BAKER PLC
• PORTLAND PAINTS & PROD NIG PLC

Technicals
The market rebound today was more of a neutral sideways movement rather than any significant rebound or start of any rally. Intraday prices stayed down for most of the day until a late rally by DANGCEM during the last hours. Both NSE ASI and NSE 30 ended with a lower High and a lower Low which casts a bearish shadow over both indexes.

In fact, looking at the market action, there is clear sign of selling pressure while Smart money continue to buy the Dips which is Good for the market.

Don’t get too excited. At least not yet, We need to see how healthy this current rebound goes and how it reacts towards its resistant lines of 22,622 points created in May 15 2012..
failure will lead to more Downward rallies

So far all rebounds are followed with higher Pullbacks which are marked in between by multiple bull traps. So don’t be fooled. Most amateurs get taken in by bull traps and always experience the market turning against them right the very next day they entered and then blame the market for being manipulated (get such mails daily).  Yeah right, there is like a dedicated group of people who work professionally against you alone? Nonsense.

The problem is that amateurs tend to act too quickly and often get caught in bull traps (these quick rallies are for day traders who trend within 2-5 Days Moving Average). So, don’t get caught in this one. This is also why I always recommend that if you MUST buy into this market, do:

1. If NSE ASI pulls back and rebounds above  support  levels of 22,422 points.
2. If NSE ASI continues this current rally, breaks the 22,622 May 15th resistant line and exit at 23,000 points
3. Sell in strength and Buy into Weakness
4. Study our TA SIGNALS for good Entry/Exit points

Filed under: MARKET INFO, NIGERIA STOCK MARKET ANALYSIS, NIGERIAN STOCK EXCHANGE, NIGERIAN STOCK EXCHANGE MARKET ANALYSIS Tagged: MAY & BAKER PLC, PORTLAND PAINTS & PROD NIG PLC

TA SIGNALS

CHART PATTERN

SUPPORT & RESISTANT LINES

NEW HIGH LOW

Filed under: NIGERIAN STOCKS TECHNICAL ANALYSIS SIGNALS

So, understanding the stock market…OK…what the heck is the stock market anyways?

The basic function of the stock market is to provide capital resources for corporations that seek capital to expand their operations and finance their growth.

If you make your money available to theses companies, you help them expand and prosper.

Companies that issue stock shares to the public are considered “publicly held” or “publicly traded” companies. Stock shares represents ownership of a corporation. As a shareholder, an investor owns a portion of the company’s assets and profits.

With ownership comes risk and a shareholder assume the primary risk if a business does poorly. However, they also stand to make the greatest return if it succeeds. If he is smart, the shareholder would be wise to be understanding the stock market too.

When an entrepreneur starts a company, he often looks to family and friends for start-up capital. As the company grows, it will need more money, or in other words capital. Those who survive those tough early years, when most businesses fail, will look for a bank loan.

Loans carry high cash costs, in the form of interest payments. Eventually, if the company grows enough, its owners may choose to issue stock shares in the public markets. Understanding the stock market is very important to know for these entrepreneurs.

When you hear that a company is “going public”, it means that the company is issuing shares of ownership for sale in the public marketplace. This process takes place during the initial public offering, or IPO.

The IPO is a first-time offering of stock for sale to the general public. The IPO process involves a number of people in addition to the company owners, and can be a rather complex undertaking. The company itself must be clear in understanding the stock market.

To go public and issue an IPO, the company must use and find an Investment Banking firm that is willing to underwrite the public offering. The Investment Banking firm, or underwriter, will do their best to sell the shares. They may reserve the right to sell the offering on an all or none basis, which means that if they cannot find buyers for all the shares to be issued, they may call off the entire offering.

The underwriter’s profit in this case is made by a commission charged for selling the stock. If the underwriter agrees to a firm commitment to sell the entire offering, usually the first move is to buy all the shares that are going to be publicly offered at an agreed-upon price.

The underwriter then attempts to sell those shares to the public for a higher price, thus profiting from the transaction.

Stock Classifications

Stock Types There are two classifications of stock: Common and Preferred.

Common stock is usually what is issued to the general public. The term common Stock doesn’t carry any negative connotations, but rather indicates that it is the “standard” stock the company has offered. Common shareholders have voting rights.

And as the word suggests, “preferred” stock has certain advantages over common stock. First, preferred shareholders are paid dividends before common shareholders. And if a company isn’t doing well, the Common stock dividend is eliminated first.

Second, is if a company goes out of business, the owners of preferred shares have prior claim to any assets that remain when the company is dissolved and after bond holders and other creditors have been paid. Owners of common stock are the last in line to pick up the pieces of the fallen corporation.

There are disadvantages to owning preferred shares. Preferred shares have no voting rights. Also, the price of preferred shares tends to rise more slowly that the price of common shares.

As owners, common shareholders elect a corporation’s Board Of Directors. The board of directors is a group of individuals, which are responsible for managing the affairs and growth of the corporation. The power of the board usually extends beyond that of the founder of the company.

The power resides in this board because the board is in the position of representing the shareholders as a group. This board must be educated in understanding the stock market.

Normally, owning one share of common stock gives you the power of one vote. If you have control a large number of shares, you will have more influence on the outcome of elections.

At worst, common shareholders can lose their entire investment if their company fails. In such a case, a company may be sold or liquidated and its remaining assets distributed among creditors, such as banks and bondholders. Shareholders would receive proceeds only after theses more senior claims are satisfied.

In order to make money, the individual shareholder must sell his shares back to onto the market, through a Stock Exchange and their Stock Brokers.

StockMarket-Coach.com cares a great deal about you. Our aim is to provide the best stock advice with a friendly and positive attitude to keep you on the road to trading success.

StockMarket-Coach’s mission is to provide a program of sound investing advice, education, and support that helps create successful lifetime stock investors. By doing the appropriate investment research and therefore becoming a confident, knowledgeable stock investor, you as a stock trader is empowered to build better financial futures for yourself and your family.

Peace and Abundance!

http://www.stockmarket-coach.com/index.html

Nigeria Stock Market:

• stock exchange icons

The stock market is considered the busiest market because this is where stocks, shares, and bonds are bought and sold. Thousands of people around the globe participate in the stock market because this is a place where they can invest their money without selling any goods or services. By investing their money through the stock market, the possibility of gaining back their money is exciting. There are still risks in joining the stock market trade, for some reason investors still continue to gamble.

A good stock market is a reflection of a good economic status. When stocks are high, investors tend to prolong their shares until such point when they are satisfied to meet the ideal amount.

Investing into stocks can be all or nothing which means that at one point you can gain big but there will also be times when you lose and get nothing. Equity market rates vary from time to time, that is why investors always monitor on the stock exchange rate online because they seem to change at any given time. The concept of stock quotes also comes in and these are where investors base their bidding price. Stock quotes provide a list of stocks at one specific during the day of trading. Usually, stocks are quoted in terms of fractions, but now, decimals are used in most exchanges.

Stock market can be quite complicated for people who are not knowledgeable on how the system goes. Stock market still follows a certain type barter system where money is invested for a given time until it can increase into a higher amount depending on how the equity market moves. Investors seem to be very happy if the stock market is doing well and that exchange rates are on a high. Stock market investors always take a look on stock quotes because these are where they base bidding amounts.

While the global economy is moving on to a better shape, many investors and businessmen buy stocks because they feel that they can gain profit from it by simply monitoring their shares every single day. Buying stocks is also about good choices that is why every investor has to come up with the best decision because it could a win-lose situation. Stock quotes are provided in order for investors to make good choices.

Investing in the stock market is a personal choice. Whether you want to invest big or small, the thing is that you are able to profit from your money. The equity market will continue to progress even in the coming years that is why businessmen and investors can also continue to invest their money and earn well from it. Stock quotes shall serve as important factors in making decisions in buying stocks and these can be seen through online websites that offer different stock quote services. Choose a reliable website and grab the best stock quote deals that can make your invested money multiply.

Herb likes to write about investing. Please check out his website that contains nylon hammock information as well as two person hammock information.

A large percent of people who try their luck in the “market” have success because they were able to learn the things that are needed early in their trading. Since they have learned the basics of stock trading, they know how to take the next step create their own opportunities.

Beginners guidelines:

Many people have thought of stock trading a few times in their lives but they just don’t know how to start. Many people think stock market trading is easy because you just need to make a phone call and meet some people and talk to some high profile firms. It is all about presentation they think. But, it’s important that you have the know how to say the right thing at the right time.

The basic types of stocks:

If you are seriously considering equities trading as a career, one of the most important things that you need to know is the types of stocks you will use in trading. There are two types of stocks available, they are common stock and preferred stock.

The type of stock that most people hold is called “common stock” where the trader represents the majority of stock and they reserve the rights when it comes to voting people in the management, and also calls the shots when it comes to share of dividends. Another type is called “preferred stock”. Basically, it is the same with common stock except the traders have lesser rights. But the good thing about preferred stocks is that the traders do not share in dividends, thus, making companies have more freedom in deciding the trend of the income from dividends.

If you are beginning trading, it would be best to look for companies that have larger profits on their preferred stocks because it means that they earn bigger dividends. This can give you a bigger return on your investment.

You should know what that term “trading stocks” mean. This is the most basic thing you need to know if you are just starting in equities market. You must understand what a stock is, what does stock or equities mean, and how trading will affect your overall financial success.

What are stocks?

Stocks refer to a unit of ownership you have in a company. Trading, on the other hand, is the simplest way of saying buying and selling a share of a company or a financial tool that is used stock trading. These two are very important when you start stock market trading.

It is also very important to understand the various methods of trading stocks. Experts often say that a beginner in the stock market doesn’t really have to have in-depth knowledge of the details of how one buys and sells stocks. The most important thing is that the new trader learns the importance of knowing the basics so they would know how to execute the various stock trading strategies.

Ned Kelly is an experienced Stock Market Trader with many years experience in all aspects of trading the market.

Check out my Blog at [http://tradingprosystemsite.blogspot.com]

or my Squidoo lens at http://www.squidoo.com/stock-market-trading-tips

Nigeria Stock Market:

• trading icon

There is always scope for improvement and trading in a stock market is the best example of the same. There is no definite way to find out what turn the stock market may take in the future. However, this does not mean, that the stock market’s trend cannot be charted. Rather, it is the charting of turns in the stock market, and studying them thoroughly that makes one a little knowledgeable and experienced in trading. However, mistakes are aplenty in a place where finding stability is looking for a pin in a haystack. Even if one does find stability, what is the guarantee that it will stay, and then too, for how long?

Therefore, it is a must that you learn from your mistakes and not stop at taking the right turn just once. Since, you cannot assure that the turn you take may result in profit, it is better to do your research and then proceed. Hence, if you want to become a successful trader, you must continuously learn from your mistakes. Only then can you master all kinds of markets and their trends. One of the most common tendencies seen in the stock market, is to repeat the same mistakes by falling in the same potholes or traps all the time. This is not just restricted to novices but traders who are way ahead in the game.

Discipline is key. Once you exercise discipline in your trading activities you are on the right track. This is because discipline gives you a tendency to make the right decisions most of the times. Like successful trading has its patterns, so does failure in trading. Due to the uncertainty that the stock market exhibits, the chances of anything happening are very high. This includes the amount of mistakes that happen. The sign of a good trader is one whose loss graph goes down and profit graph moves up. That can only be achieved if you discipline your trading practice, and learn from your mistakes.

It is not uncommon to see many stock traders repeating the same mistakes again and again in their stock market trading. Even experienced traders commit mistakes few or more. It is because in the stock market there is nothing like certainty or ideal thing. Here everything is real. We have chances for anything to happen. Any stock trader may end up committing mistakes. But they can learn lessons from their mistakes only through high discipline in their stock trading activities.

Recording or taking down the trend of your trading practices is a good way to learn from your mistakes. When one takes the time to review their past trading trend, they would get to know what they did to result in a loss or profit. That way, one can chart ways to go about the trend for profits, and neglect the choices that lead to losses in the past. Although nothing is sure shot in the stock market, this tendency should make you able to handle your trading activities properly.

Take into account why you took a particular decision, to exit or enter into a stock. You must make sure that the entry or exit was not due to a mistake. If it is so, then you must promise yourself not to repeat that mistake so as to avoid losses. You cannot take chances on your own, since the stock market is already very risky and unpredictable. If there was a particular strategy behind a good decision, do make sure that you understand it properly and repeat it wherever you get a chance, to yield profits.

Following these key points should help you move around comfortably in the stock market.

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