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Us Stocks Pick Alert - Investment (51) - Nairaland l5k67

Us Stocks Pick Alert (788978 Views)

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abuabdullah: 11:17am On May 15, 2020
2Lynx:


Please I need the guidance of this house.
And trove requests bvn how secured is their system.

It is secure.
2Lynx(m): 11:20am On May 15, 2020
abuabdullah:


It is secure.

OK. thank you so much

What about the prospect of investing in Qualcomm and bby.
I don't know much about this sir.
Jimmy17(m): 12:09pm On May 15, 2020
abuabdullah:

No. Your order/transaction will be executed once market opens. I will advise you wait till market opens before making a buy order because there is no provision for cancelling an order (please confirm this yourself). A stock could be doing well pre-market, but suddenly falls once the market opens which migth be due to investors taking profits.
Okay thanks alot
abuabdullah: 12:10pm On May 15, 2020
2Lynx:


OK. thank you so much

What about the prospect of investing in Qualcomm and bby.
I don't know much about this sir.

Apologies bro....i am not qualified to advise you. Please, wait for the gurus responses.
ijedeikorodu(m): 12:29pm On May 15, 2020
U.S. Commerce Moves to Block Huawei From Global Chip Suppliers

(Bloomberg) -- “The Bureau of Industry and Security (BIS) today announced plans to protect U.S. national security by restricting Huawei’s ability to use U.S. technology and software to design and manufacture its semiconductors abroad,” U.S. Commerce Dept. says in written statement.
The announcement “cuts off Huawei’s efforts to undermine U.S. export controls:” statement
“We must amend our rules exploited by Huawei and HiSilicon and prevent U.S. technologies from enabling malign activities contrary to U.S. national security and foreign policy interests,” Commerce Sec. Wilbur Ross says in statement.

We expect a new level of trade war looming and era of expensive mobile phones
Arizona042: 12:31pm On May 15, 2020
Qualcomm is a company that manufacturers chips for Apple Iphones. As Apple is about to roll out their 5G enabled phones later in the year. The demand for chips will surely go up together with the stock price.
I don't know of Bby.

However, do your own research.
2Lynx:


OK. thank you so much

What about the prospect of investing in Qualcomm and bby.
I don't know much about this sir.
ijedeikorodu(m): 12:32pm On May 15, 2020
US Stock Futures Slip Ahead of Economic Data - Market Talk

(Dow Jones) -- 07:30 ET - US stock futures trade lower to close out the week as investors await a number of economic reports that will show the effects the coronavirus shutdowns are having on consumers and business. April retail sales are expected to dive 12.3% at 8:30am ET following the closure of non-essential stores. Industrial production figures at 9:15am will offer yet another indication of the sharp economic downturn on business. The University of Michigan's preliminary consumer sentiment survey for May is due at 10am. Treasury's extend recent gains, pushing the 10-year yield down to 0.6%,. S&P futures fall 20 points.
lafuria1(m): 2:58pm On May 15, 2020
2Lynx:


OK. thank you so much

What about the prospect of investing in Qualcomm and bby.
I don't know much about this sir.

I use an android app for my analysis

It's called webull

Use it as guide not as an investment decision advice

See screenshot below.

There is news section on the app, always read it, and there are other sections too for information

1 Share

lafuria1(m): 3:03pm On May 15, 2020
abuabdullah:

No. Your order/transaction will be executed once market opens. I will advise you wait till market opens before making a buy order because there is no provision for cancelling an order (please confirm this yourself). A stock could be doing well pre-market, but suddenly falls once the market opens which migth be due to investors taking profits.

You are very correct, regretted the two occasions where I made a trade before the market opened, since then no matter how bad or good the pre market looks I wait 5 to 10 mins after market opens to make a decision

1 Like

gamaliel9: 4:02pm On May 15, 2020
Does WeBull accept Nigerians?
arduino: 4:12pm On May 15, 2020
ACB on fire.... More than 45% already. Anybody on this train?

2 Likes

seyisanya(m): 4:16pm On May 15, 2020
arduino:
ACB on fire.... More than 45% already. Anybody on this train?
I am, boss. Although, I bought it before the reverse stock split. I will keep watching and get the heck out soon!! E b like say the stock don smoke the hemp wey hin dey sell grin.

Another canna stock I bought earlier was Tilray, I exited after 100% gain and the stock still went ahead to do an additional 100% after I sold(making 200% before a reversal). I'm going to enter again if it gets to $4 - $5 range.

It has done about 400% since its March low.

1 Like

arduino: 4:16pm On May 15, 2020
lafuria1:


I use an android app for my analysis

It's called webull

Use it as guide not as an investment decision advice

See screenshot below.

There is news section on the app, always read it, and there are other sections too for information
Bamboo app does simple analysis too

arduino: 4:20pm On May 15, 2020
seyisanya:
I am, boss! Although I bought before the reverse stock split. I will keep watching and get the heck out soon!!
Am happy for you oooo..... Wanted to buy ACB yesterday but later decided to go for SQQQ ETF.
Cannabis na blood money I swear grin grin

2 Likes

lafuria1(m): 4:43pm On May 15, 2020
arduino:

Bamboo app does simple analysis too

Yes it does, I use both simultaneously. Helps to have different input
lafuria1(m): 4:44pm On May 15, 2020
gamaliel9:
Does WeBull accept Nigerians?

I don't know, I don't use it for trading, just for stock analysis and general market information
seyisanya(m): 4:56pm On May 15, 2020
gamaliel9:
Does WeBull accept Nigerians?
No, they don't, except you're based in some select countries.
abuabdullah: 5:11pm On May 15, 2020
seyisanya:
No, they don't, except you're based in some select countries.

Wetin we do self? This one no dey accept, that one no dey accept, wetin be our offence?

1 Like

arduino: 5:15pm On May 15, 2020
seyisanya:
I am, boss. Although, I bought it before the reverse stock split. I will keep watching and get the heck out soon!! E b like say the stock don smoke the hemp wey hin dey sell grin.

Another canna stock I bought earlier was Tilray, I exited after 100% gain and the stock still went ahead to do an additional 100% after I sold(making 200% before a reversal). I'm going to enter again if it gets to $4 - $5 range.

It has done about 400% since its March low.
Wow!!
DreManuel(m): 7:43pm On May 15, 2020
What do you guys think about shorting Zoom (ZM)? I think the stock might be overpriced since it's COVID that's really fuelling its upswing in cash flows. Robinhood doesn't allow shorting, does any one have an idea of the right platform to short?
2Lynx(m): 8:33pm On May 15, 2020
lafuria1:


I use an android app for my analysis

It's called webull

Use it as guide not as an investment decision advice

See screenshot below.

There is news section on the app, always read it, and there are other sections too for information

Webull....
I will get it now then
thank you so much
2Lynx(m): 8:39pm On May 15, 2020
Arizona042:
Qualcomm is a company that manufacturers chips for Apple Iphones. As Apple is about to roll out their 5G enabled phones later in the year. The demand for chips will surely go up together with the stock price.
I don't know of Bby.

However, do your own research.

Thank you...
Will do more research now.
YerYer: 9:40pm On May 15, 2020
DreManuel:
What do you guys think about shorting Zoom (ZM)? I think the stock might be overpriced since it's COVID that's really fuelling its upswing in cash flows. Robinhood doesn't allow shorting, does any one have an idea of the right platform to short?

You can short Zoom (ZM) from the Robinhood app by trading options. You can buy puts or sell calls. I know most brokers will ask if you are an experienced investor while opening an , based on your response they will either allow or deny you access to certain products such as margin and options trading. Try ing them to grant you access, if they say you don't have much experience, just keep trading stocks on their platform for now. You can now proceed to opening an with TD Ameritrade, but make sure you don't select you are a new investor. TD Ameritrade charges $0.65 per option contract.

But honestly, read and watch instructional videos about options trading. It is very very risky and one of the fastest ways to lose money. TD Ameritrade has a paper if you want to practice strategies first before actually trading a live . I know Zoom (ZM) is overvalued, but investors are piling into covid winner stocks so it may go against you. Worst of all, shorting this thing is too damn expensive and if the stock keeps rising, you can lose 100% of your money in a blink of an eye.

3 Likes

DreManuel(m): 11:04pm On May 15, 2020
YerYer:


You can short Zoom (ZM) from the Robinhood app by trading options. You can buy puts or sell calls. I know most brokers will ask if you are an experienced investor while opening an , based on your response they will either allow or deny you access to certain products such as margin and options trading. Try ing them to grant you access, if they say you don't have much experience, just keep trading stocks on their platform for now. You can now proceed to opening an with TD Ameritrade, but make sure you don't select you are a new investor. TD Ameritrade charges $0.65 per option contract.

But honestly, read and watch instructional videos about options trading. It is very very risky and one of the fastest ways to lose money. TD Ameritrade has a paper if you want to practice strategies first before actually trading a live . I know Zoom (ZM) is overvalued, but investors are piling into covid winner stocks so it may go against you. Worst of all, shorting this thing is too damn expensive and if the stock keeps rising, you can lose 100% of your money in a blink of an eye.

I find this very informative. Thanks so much. I just ed Robinhood and I've made my first trade. I've ed TD Ameritrade but haven't ed. Now I know that I have to say that I'm an "experienced trader" just to have access to more trading options.
Rutherford2019: 10:24am On May 16, 2020
Who know anything about etoro trading app
I'm about to start using it
It's popular in UK and Europe
Arizona042: 11:51am On May 16, 2020
Lol. No thanks to our looting politicians, Yahoo Yahoo boys/men, 419ners and other Internet fraudsters. Nigeria will soon be blacklisted from the global financial system.

Ask yourself, why is Interactive Brokers accepting Ghana and Kenya residents but blacklisting Nigeria, the so called giant of Africa?

It's terrible.

abuabdullah:


Wetin we do self? This one no dey accept, that one no dey accept, wetin be our offence?

1 Like

lastclaire4(f): 12:29pm On May 16, 2020
Arizona042:
Lol. No thanks to our looting politicians, Yahoo Yahoo boys/men, 419ners and other Internet fraudsters. Nigeria will soon be blacklisted from the global financial system.

Ask yourself, why is Interactive Brokers accepting Ghana and Kenya residents but blacklisting Nigeria, the so called giant of Africa?

It's terrible.


Sometimes America has a way of doing things. Are you telling me there is no control built around the system? Most times they have problems with anyone dragging power with them in any continent in my opinion.

If not like back then why will they hold the CFA exam in Ghana and not hold in Nigeria even though most of the population in Ghana were from Nigeria?

Until recently, after so much talking that they started in Nigeria. Now it even increased the revenue because they have have two centres in Nigeria. You have to see the population here and the nice venue.
Onboard1: 2:18pm On May 16, 2020
DreManuel:


I find this very informative. Thanks so much. I just ed Robinhood and I've made my first trade. I've ed TD Ameritrade but haven't ed. Now I know that I have to say that I'm an "experienced trader" just to have access to more trading options.

I tried to with Robinhood but it requires social security number. Did you put yours?
Inehmesit: 2:22pm On May 16, 2020
I heard Robinhood is not available in Nigeria
Onboard1:


I tried to with Robinhood but it requires social security number. Did you put yours?
Onboard1: 2:30pm On May 16, 2020
Inehmesit:
I heard Robinhood is not available in Nigeria
That is correct

1 Like

Inehmesit: 2:38pm On May 16, 2020
Hello to the bosses in the house, so I've been following this thread for like 2days now, God bless the OP for this knowledge he is sharing free, you guys recommend Trove and some other apps which I can't as I am typing this, and some people actually complained about the delay with trove app, my question is, which app is the most reliable to start with as a beginner, and again, "very important" what's the minimum amount one can use to buy these stocks?
DreManuel(m): 3:08pm On May 16, 2020
Onboard1:


I tried to with Robinhood but it requires social security number. Did you put yours?

Yes I did.

1 Like

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