We are choosing to ignore the noise and focus on the charts so that we don’t get too swept up in the confusion and irrationality of the market. We do realise though that the economic fallout caused by the COVID-19 pandemic will very likely linger for some time, especially in South Africa. Exactly how this all turns out though, we have no idea. For now, we remain focused on short-term opportunities.
Month: April 2020
Our Thoughts on US markets and the Gold market – 24 April 2020.
To be rather honest, our outlook has not really changed all that much from last week until now. We still largely expect the local market to trade a little stronger, the Rand to firm up and U.S. markets to trade up to resistance.
COVID-19 is wreaking havoc in first world countries, while surprisingly South Africa seems to be coping with it much better than most. The lockdown extension might have broken the hearts of many South Africans, but we know that it has saved the lives of countless numbers of our kin. Besides, sitting at home and focusing …
A quick update on the market after a historic rally; caution is advised.
We look at Gold miners, Silver, S&P500 and the VIX.
Two more U.S. trade ideas from our strategists. They are seeing rather a lot of opportunities out there.
The market is starting to feel a little better. It is still to be seen if it has bottomed or not and in truth there is no way of telling right now. Nonetheless, there are some interesting trading opportunities out there. Below we look at three of them.
It feels as if we are on the edge of battle. The air is still and so thick with tension that it is hard to breathe in. Nonetheless, the market goes on. In fact, it is starting to offer some interesting opportunities to those who are patient. We look at the S&P500, USDZAR, Clicks, Shoprite, Sibanye and Anglo American.