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How to tell NSE has bottomed out
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mwekez@ji wrote:Mmmh, give us the tidbits @jerry, is your recommendation based on Fundamental Analysis, Technical Analysis, FYR Expectations, ... ... pls elaborate the recommendation
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:3 trading days to go till month close. NSE20 is still capped by 5000. April triggered a reversal and May has just been sideways. Large move coming soon... Last trading day tomorrow to reclaim 5000 handle.
TA shows a triangle formation between 4000 and 5000 range. NSE20 is at the tighest angle of the triangle. A break either way (up or down) will be sizable. Currently bulls still hold the upper hand.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:hisah wrote:3 trading days to go till month close. NSE20 is still capped by 5000. April triggered a reversal and May has just been sideways. Large move coming soon... Last trading day tomorrow to reclaim 5000 handle.
TA shows a triangle formation between 4000 and 5000 range. NSE20 is at the tighest angle of the triangle. A break either way (up or down) will be sizable. Currently bulls still hold the upper hand.
NSE 20 share index closes at 4996, just 4 points shy of this 5,000 Goliath  @SufficientlyP
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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The listing is expected to raise liquidity of the lender’s shares by making them available to a larger group of investors. The share split will see the par value of Jamii Bora Bank shares drop to Sh0.66 from Sh66, while its market price will be Sh2.20 from Sh220 per unit. http://www.businessdaily...2/-/5c7lnsz/-/index.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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May ends with NSE20 reclaiming the tough nut 5000 handle. May also had very high volume. Make or break now for the index. If 5100 is overcome, then up we go. If 5000 stalls again, the slide will be harder than April. For now it looks like Dec 2012... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:May ends with NSE20 reclaiming the tough nut 5000 handle. May also had very high volume.
Make or break now for the index. If 5100 is overcome, then up we go. If 5000 stalls again, the slide will be harder than April.
For now it looks like Dec 2012... good so far. u called the current pattern way before it was obvious The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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June begins. Quote: The Bourse opened the week with a total of 47M
shares valued at Kes.746M, down marginally from
Kes.750M on 49M shares posted last Friday.
The NSE 20 Share Index shed 20.03 points to stand
at 4986.93.
All Share Index (NASI) edged up 0.01 points to stand
at 126.81. Watching NSE20 closely with the tight triangle formation ready to break anytime... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Eye popping turnover on EABL yet again. As usual also heavy trades on mpesa bank, kcb and member. 5000 still stands in the way as the triangle pattern keeps compressing. The breakout (up or down) will be sizable. It is coming... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Courtesy of Reuters. KE is trail blazing  Quote:What’s more, frontier stocks, for the most part, are cheaper than their emerging peers — Citi puts the average discount at the moment at 22 percent. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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hisah wrote:Courtesy of Reuters. KE is trail blazing @hisah what are the component stocks representing Kenya on this index?? Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@guru - MSCI KE index comprises the most blue chips though I'm not privy to this info since it's not public and most likely has to be paid for. But from the way the index has been trending, blue chips command its course. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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hisah wrote:@guru - MSCI KE index comprises the most blue chips though I'm not privy to this info since it's not public and most likely has to be paid for. But from the way the index has been trending, blue chips command its course. If that is the case, then think MPesa, EABL, BAT. Overvalued if mixture if you ask me. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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dunkang wrote:hisah wrote:@guru - MSCI KE index comprises the most blue chips though I'm not privy to this info since it's not public and most likely has to be paid for. But from the way the index has been trending, blue chips command its course. If that is the case, then think MPesa, EABL, BAT. Overvalued if mixture if you ask me. In addition the index will likely have BAMB, KCB, EQTY, SCBK, BBK, COOP and ARM. Also KEGN, KPLC, KK and KQ could be included.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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This is how MSCI KE index looks like to date...  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Courtesy of Reuters. KE is trail blazing Quote:What’s more, frontier stocks, for the most part, are cheaper than their emerging peers — Citi puts the average discount at the moment at 22 percent. Btw Bulgaria which is trail blazing this year was the 3rd last laggard last year at -32.78% meaning the current rally of 2013 has reset the negative return of 2012. If one was shorting this market, those short if any are completely fried at the moment.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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