Wazua
»
Investor
»
Stocks
»
Madness at the NSE
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
CFC: Path of least resistance..Bulls are contagious#banking sector 
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
|
Metasploit wrote:CFC: Path of least resistance..Bulls are contagious#banking sector Is this myStocks.co.ke
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
Metasploit wrote:Within 6 trading sessions (from 16th May 2017 when the vodacom deal was announced) safcom trades 150M shares the bulk at 20.50 to finally close above 20.75..Ksh 20.50-21.50 is a tough resistance..watching keenly for volume and price action(cause/effect) in the coming days to determine the nature of these volumes.
KCB fighting the 37-42 resistance without struggle.Good volumes noted as 33-34 levels defeated(app 100M shares traded at these level )and volume spikes at 35.50-36.50 (20M shares traded).This will serve as support as the counter corrects (expected at 42).strongest RSI and MACD highs noted since April 2016 signifying trend change.
As usual, Equity does the chasing albeit with less vigour (Remember the chase to the bottom just pre rate cap)to close at 36.50 (i expected resistance at 36)
For both there is thin supply to 40
Just like bears,bulls are contagious..I noted divergence on MACD for several banking stocks eg DTB
The NSE touches 3317.It has been above 3000 levels from feb 23 2017 and has the strongest MACD and RSI levels since April 2017 (It compares well with KCB and Equity charts).It has been on overbought levels since March 22.
Main obstacle remain to be the election but bulls have to fight obstacles and the crowd will always be wrong..I have also noted that the local participation has really increased (Institutional buyers ???)
Will NSE touch the pre rate cap level 3462 before the correction ?? This is what happens when a share defeats a major resistance level..for once supply is utterly defeated by demand.But like what i always do is to watch the closing price and traded volune same thing when the index defeats a major resistance point..3400 will touch 
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
EQUITY: The chase following KCB sees equity close the pre rate cap gap 
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
|
sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull  THE BULL SEESMS TO HAVE GROWN OVERNIGHT... this being the main driver THE GREEN MONSTER.. A demand of OVER 13MILLION AT KSH.21.00 Watch and Listen and Live
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
ARAP CHARLES wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull THE BULL SEESMS TO HAVE GROWN OVERNIGHT... this being the main driver THE GREEN MONSTER.. A demand of OVER 13MILLION AT KSH.21.00 Strangely my portfolio is in capital gains courtesy of Kengen, Kenya Re and Equity. TPSEA and Stanbic Holdings yet to recover. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,636 Location: NAIROBI
|
sparkly wrote:ARAP CHARLES wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull THE BULL SEESMS TO HAVE GROWN OVERNIGHT... this being the main driver THE GREEN MONSTER.. A demand of OVER 13MILLION AT KSH.21.00 Strangely my portfolio is in capital gains courtesy of Kengen, Kenya Re and Equity. TPSEA and Stanbic Holdings yet to recover. All counters kwa portfolio ziko in capital gains. The bull iendelee kucharge Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Ericsson wrote:sparkly wrote:ARAP CHARLES wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull THE BULL SEESMS TO HAVE GROWN OVERNIGHT... this being the main driver THE GREEN MONSTER.. A demand of OVER 13MILLION AT KSH.21.00 Strangely my portfolio is in capital gains courtesy of Kengen, Kenya Re and Equity. TPSEA and Stanbic Holdings yet to recover. All counters kwa portfolio ziko in capital gains. The bull iendelee kucharge As measured against average entry prices. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
|
@standard group stock grows 136% this year as the biggest gainer in the same NSE, where stocks like Kenol Kobil grow 2% every year. What's my point? Value investment works in a near perfect market such as the NYSE where stocks information is symmetrical. Choices have consequences
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull I've been reviewing the monthly numbers for FTSE KE NSE15. The rebound is currently testing solid supply zone - the August blackhole selloff zone. Time to exercise caution until bulls can overcome this supply zone with conviction. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,568
|
hisah wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull I've been reviewing the monthly numbers for FTSE KE NSE15. The rebound is currently testing solid supply zone - the August blackhole selloff zone. Time to exercise caution until bulls can overcome this supply zone with conviction. There is just something wrong with this bull(calf). Good to exercise caution. July will be interesting 
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
|
wukan wrote:hisah wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull I've been reviewing the monthly numbers for FTSE KE NSE15. The rebound is currently testing solid supply zone - the August blackhole selloff zone. Time to exercise caution until bulls can overcome this supply zone with conviction. There is just something wrong with this bull(calf). Good to exercise caution. July will be interesting Some counters will grant investors over 150% return this year.. Choices have consequences.. It's high risk, high returns.. The investment philosophy of a trader
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Member Joined: 7/1/2014 Posts: 895 Location: sky
|
obiero wrote:wukan wrote:hisah wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull I've been reviewing the monthly numbers for FTSE KE NSE15. The rebound is currently testing solid supply zone - the August blackhole selloff zone. Time to exercise caution until bulls can overcome this supply zone with conviction. There is just something wrong with this bull(calf). Good to exercise caution. July will be interesting Some counters will grant investors over 150% return this year.. Choices have consequences.. It's high risk, high returns.. The investment philosophy of a trader The 'hated' government counters are pulling surprises and will be on top, kenya airways, nbk, mumias, kengen,and soon uchumi will join as they are expected to announce strategic investor this month. most have returned more than 70% There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
|
littledove wrote:obiero wrote:wukan wrote:hisah wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull I've been reviewing the monthly numbers for FTSE KE NSE15. The rebound is currently testing solid supply zone - the August blackhole selloff zone. Time to exercise caution until bulls can overcome this supply zone with conviction. There is just something wrong with this bull(calf). Good to exercise caution. July will be interesting Some counters will grant investors over 150% return this year.. Choices have consequences.. It's high risk, high returns.. The investment philosophy of a trader The 'hated' government counters are pulling surprises and will be on top, kenya airways, nbk, mumias, kengen,and soon uchumi will join as they are expected to announce strategic investor this month. most have returned more than 70% @littledove may your boundaries be expanded
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
|
The market has been good to me this month, out the red corner and deeper into the green pastures To Each His Own
|
|
|
Rank: Member Joined: 7/1/2014 Posts: 895 Location: sky
|
obiero wrote:littledove wrote:obiero wrote:wukan wrote:hisah wrote:sparkly wrote:mlennyma wrote:littledove wrote:The NSE 20 Share Index added 40.81 points to end the day at 3296.16Bn while the NSE All Share Index was up by 1.37 points to settle at 140.83 points. The NSE 25 Share Index gained 33.26 points to close the day at 3741.91 points.
many companies have already closed books for dividends but the share prices remains stable.
a slow bull?
a bull can only surface after the elections cloud Bear is going into hibernation. We have a young bull I've been reviewing the monthly numbers for FTSE KE NSE15. The rebound is currently testing solid supply zone - the August blackhole selloff zone. Time to exercise caution until bulls can overcome this supply zone with conviction. There is just something wrong with this bull(calf). Good to exercise caution. July will be interesting Some counters will grant investors over 150% return this year.. Choices have consequences.. It's high risk, high returns.. The investment philosophy of a trader The 'hated' government counters are pulling surprises and will be on top, kenya airways, nbk, mumias, kengen,and soon uchumi will join as they are expected to announce strategic investor this month. most have returned more than 70% @littledove may your boundaries be expanded @obiero my speculation portfolio have almost doubled this year courtesy of kq and few others,but my core holdings kenol,cic,carbacid,scangroup,panafrica, tps have barely retuned 20% apart from tps and kenol. but i like the way you have defended kq, i have made money in silence two times 3.70 to 6.30, and 4.60 to 6.50, i just wished i had guts to load everything in kq like u do. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,636 Location: NAIROBI
|
NSE 20 share index touches 3600 mark Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
|
Ericsson wrote:NSE 20 share index touches 3600 mark Expect an hungry bull after good elections on the contrary expect a slaughter of this small calf looking like a bull "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Member Joined: 9/9/2015 Posts: 233
|
mlennyma wrote:Ericsson wrote:NSE 20 share index touches 3600 mark Expect an hungry bull after good elections on the contrary expect a slaughter of this small calf looking like a bull I dont follow. "Buy when there's blood in the streets, even if the blood is your own."
|
|
|
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
mlennyma wrote:Ericsson wrote:NSE 20 share index touches 3600 mark Expect an hungry bull after good elections on the contrary expect a slaughter of this small calf looking like a bull Let's forget about the elections (good or bad that is) for a minute, what is your reading of the underlying KE fundies in addition to the accompanying policy directions? The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Wazua
»
Investor
»
Stocks
»
Madness at the NSE
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|