The following content is an extract from this morning's client research.

In terms of single stocks, one of my ideas is a local pairs (market neutral) trade idea from the commodities /mining sector. For more insights and real-time ideas, or if you are considering an alternative trading services provider get in touch today.

Another chart/insight published to clients is the attached ratio chart highlighting the performance of JSE Insurers vs JSE Banks. I think this ratio/relative chart is something we need to pay attention to over the medium term, especially from a relative sector allocation perspective.

Text as follows:

"JSE Insurers (Equally-Weighted) vs JSE Banks (Equally Weighted) | The daily chart shows insurers potentially starting to outperform vs banks as it develops a double bottom formation while the weekly 14-period RSI (lower panel) shows the indicator printing a positive divergence."

Disclaimer: The above content should not be considered an investment recommendation.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.