From the Dealing Desk- December 2017

As we near the ANC conference next week it’s important to note that we could see huge volatility in the ZAR. This could have a meaningful impact on the equities market. My suggestion would be to keep a balanced portfolio and to keep in mind that the market will act emotionally but life will go […]

From the Dealing Desk -November 2017

From the dealing desk The instrument we are looking at this week is the Alsi 40 near dated future. The Alsi has been an index of two halves with commodities and Naspers moving higher and retail and financial shares moving sideways or lower. The Alsi looks like it is in the beginning of a consolidation […]

From the Dealing Desk – Investing in Food Producers

Food producers have been under severe pressure lately with the drought and the weak economic factors at play. The failure of government also providing clear policy regarding agriculture and farming and also failure to subsidise or support farmers have all made this sector a bit of a messy one to analyse. Currency fluctuations will also […]

From the Dealing Desk – The Retail Sector

  The retail sector is always an interesting sector to analyse. Reason for this is that it is a proxy for the health of the consumer. I have taken two shares to illustrate how investors have bought the defensive retailers and avoided or sold the more cyclical retailers. Shoprite has maintained its uptrend while Woolies […]

JSE Allshare Trend Up

The State of the Allshare – October 2017

The Allshare Index trend is Up on the weekly analysis and still has a Weak price relative to the Dow Jones Industrial index.   It currently trades below its 50 week moving average of 54607.86 which would form the short term support level in the case of a pullback. Overview of the Allshare Index Recent […]

From the Dealing Desk – Commodities: Supply and Demand

The commodities shares have been moving higher and this was due to higher commodity prices. The price of copper, crude oil, silver and the platinum group metals are all higher since the start of the year. What makes this industry so cyclical is the supply and demand factors at play in this sector. The supply […]

From The Dealing Desk – Will the Markets Correct?

Lately we are hearing that global markets are high and that we need a correction. This is something we should not ignore for a few reasons: US Federal reserve bank could raise rates again and also unwind more Quantitative easing North Korea seems to ignore sanctions warnings and keeps firing missiles Historically September and October […]

From The Dealing Desk – Aspen (APN) Analysis

Aspen Pharmaceuticals is a share that has gone sideways to lower over the past eighteen months. This share is publishing its results on Thursday 14 September and should give us an indication of the “health” of the share. The expectation is for an increase in headline earnings of between 18% and 22%. The chart is […]