It is sometimes difficult to remain objective when it comes to market analysis. The more we look at charts, the more bearish we become. This might not be the right outlook as it could just be various forms of biases that we are unable to overcome. The primary objective of any investor or trader is to remain objective and see things for what they are, not as what we would like for them to be.
Weekly game plan 17 May 2020 Read More »
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.
Weekly game plan 19 April 2020 Read More »
The last few weeks have been some of the most extreme times in recent market history, at least from our perspective. We’ve seen a pretty extreme sell off, largely driven by fears around the coronavirus. What is of even more concern to us is that the U.S. Federal Reserve Bank cut interest rates by 50 bps in an emergency rate cut. Historically, when the FED responds this drastically it is usually a sure sign that something big is happening.
Weekly game plan 8 March 2020 Read More »
It is starting to feel a little like the roll-over we were on the lookout for in U.S. markets last week is beginning to happen. Gold is pushing a lot higher on the back of growing coronavirus concerns as Italy enters the early stages of lock-down due to the virus spreading within its borders rapidly. We’ve seen videos of scores of people queuing outside banks in China and rumours of Chinese banks not having liquidity for withdrawals. The situation is getting worse.
Weekly game plan 23 February 2020 Read More »
The trade war cycle turned negatively once more last week and with US GDP data due out on Wednesday this week, it may just become apparent how hard this trade war is biting. We cannot predict what the data is going to be like, although we think it is safe to assume that things are
Weekly game plan 25 November 2019 Read More »
We’ve received your information and will be in touch shortly. We’re excited to help you on your trading journey with Herenya.
In the meantime, check out our other pages with the drop down below:
