Reason #1: Our economy is about to wake up with the ease of the lockdown On Monday, 1 June 2020, the national lockdown went to level 3. This resulted in many firms and businesses resuing operation at almost, full capacity. Already we’ve seen a boost in activity in food production, retail, communications as well as mining. In fact, most underground mines...
It looks like the worst is finally over for America. There is a boost of confidence and optimism as the economy is slowly starting to re-open. Data showed that the US consumer confidence moved up in May, as investors are starting to feel more positive as the economic restrictions are coming to an end. With the new potential coronavirus vaccine on the way,...
When the Fed cut interest rates – it was GREAT for Silver! On Sunday, 15 March 2020, the Federal Reserve finally cut the interest rates to zero percent… They also announced they would purchase $700 billion in bonds and securities to try and stabilise the financial markets amidst the COVID-19 era… Now when the Fed decides to cut interest rates, this makes it...
On Monday, while I was doing my weekly market analysis, I saw something I’ve never seen before. For the first time in history, the US WTI (West Texas Intermediate) oil prices crashed below zero. At first, I thought this was just a glitch on my trading platform. But then, just minutes later, it was the breaking news event of the day. When I did the research,...
March will be known as the worst month of all-time for the South African rand. With the ongoing lockdown, the increasing rate of COVID-19 cases, the crumbling economy, and the downgrading from Moody's - It's just been bad news after bad news for SA. And what happened last week? Well we saw the South African rand hit record lows passing through the R19.00 mark...
Here’s why I expect the JSE to plunge 10%... Reason #1: When world markets crash, South Africa goes down with it As global markets plunge, history has shown us the JSE will follow suit! Last week alone, global stock markets closed down over 2% in one day because of the coronavirus: London's FTSE: -2.5% European Stoxx: -2% France’s CAC: -2% Germany's DAX:...
Brent crude has had an abysmal start of the year. As things stand, the price is hovering around $50 per barrel which is the lowest it's been in over 12 months. A major, if not ONLY factor, that's resulted in the drop in brent crude is the Coronavirus. As I write this, the virus has already infected more than 17,000 Chinese people and more than 350 have died....
Thank you China – and no… not for the Coronavirus I’m talking about Palladium… The main reason why Palladium is flying and will continue to do so, is all thanks to regulations taking place in China. We are seeing major industrial demand driven by the expectations that there'll be stricter environmental regulations and standards in China. In fact, they...
We've seen the break above $10,000, the breakout, the re-test and now we are good to go long... Fundamental reasons: Reason #1: Bitcoin seems to be the new age safe haven against the Coronavirus The Coronavirus virus has already taken over 1,500 lives and has infected over 72,000 people world-wide. And as the virus continues to spread, investors will remain...
Clearly there's a strong rounding bottom which has formed over the last couple of months... And with the price breaking above the crucial $1,500, means not only have we had a breakout in price but also with a psychological breakout... Can easily expect gold to head on up this year...
Go to Google, Bloomberg, Business Times and you’ll see big debates between nations talking about this rally. This sparked my curiosity to see if we could also see a stock market rally on the JSE this year. Today I’m going to tell you what the Santa Claus rally is, why it exists and how you have a 69% chance to profit from the JSE this December. Let’s get...
Telkom's CRASHED 54% since June! Here's why I'm leaving it alone… This is sad but you need to know. Today, I am taking yet another company off my trading watchlist. Telkom… Since June we've seen this telecommunications giant' share price crash from R100 down to R46.00 per share. That's a 54% sharp drop which signals MAJOR red flags when it comes to...
While you’re enjoying the summer sun and clear skies back in SA paradise… I’m afraid I’m not. I’m trying to keep warm sitting inside a local restaurant in Greece with a cup of hot chocolate while I search for my next trade. And surprise, surprise, cocoa popped up on my radar… Here are three reasons why I’m buying cocoa and where I expect it to head next. ...
In this issue, we’ll discuss the differences between both CFDs and Spread Trading… What are CFDs and Spread Trading? Spread Trading (betting) and CFDs are financial instruments that allow us to do one thing. To place a bet on whether a market will go up or down in price – without owning the underlying asset. If we are correct, we stand a chance to make...
Derivatives trading! What I believe has been the absolute market revolution since shares. Derivatives might sound complicated and something you would hear from a professor or a know-it-all businessman – but they're really not. I am no academic or even remotely one of the smartest guy’s in the world. And if I can grasp the idea and understanding of...
I've waited 2 years for this trade... Will give it another go as the signs for the system have confirmed for upside on Mediclinic. Thoughts? #JSE #ALSI #mediclinic #tradingview
Since July 2019, it's been forming a Cup and Handle and finally has broken above. Looks good for upside.
I'm sure that false breakout to the upside on Gold at $,1500 tricked a lot of traders and investors to buy gold CFDs (including me) ... I'm now changing the bias to bearish... Now that price has broken below the support of the Descending triangle, it looks like the next target (according to the difference between the high and the low of the triangle) is at...