The following is a partial recap of the market analysis shared during today’s morning Discord call.

Yesterday, the U.S. market reached another all-time high, off the back of the PPI figures, with the S&P 500 breaching the level at 7800 points. With no news or catalyst to push in either direction, we expect a quiet session, where the U.S. ends the week on similar levels. Meanwhile, we see yields on the 30-year U.S. Treasury bonds reach their highest point since 2001. Over on our side of the world, we see pressure on the mining sector, as gold, platinum, palladium, and copper drop. But while PGMs (Platinum Group Metals) could have reached a support level, diversified miners BHP Group (GHP) and South32 (S32) are unlikely to be out of the woods yet.

Software

The software sector grew by 3.2%, with Workday in particular taking off after reports of a buyout by the private equity firm, Silver Lake. This has led to growth elsewhere in the sector as well, with the likes of ServiceNow (NOW) and Adobe (ADBE) seeing similar growth as well. ServiceNow in particular saw elevated volumes, and we recommend keeping an eye on it, as it could see further growth, were it to breach the $130 level.

From left to right: iShares Expanded Tech-Software Sector ETF (IGV), Workday (WDAY), and ServiceNow (NOW).

Gold

Yesterday was a rough day for gold, as the trend of higher lows was broken. With no positive or negative headlines, it’s possible that we see further drops if the lows of the Asian session, at around $4315, are reached. As such, we also see a drop across the board for gold miners like AngloGold Ashanti (ANG) or Harmony (HAR). However, it’s important to say that some have held better than others, particularly Sibanye Stillwater (SSW) and DRDGOLD (DRD), due to a well-received trading statement and an upgrade, respectively.

From left to right: Gold, Sibanye Stillwater (SSW), and DRDGOLD (DRD).

Local Stocks

Exxaro Resources (EXX)

Exxaro released a trading statement today, where the midpoint came out at R13.71, against an expected midpoint of R16.28. Subsequently, the stock has seen a drastic drop before its earnings, and it’s likely to see further pressure today.

Naspers (NPN)

Naspers seems to have found support around R79, which is likely helped by Tencent’s (700) first day of moving sideways. We see this as a possible trade with decent risk-to-reward, and recommend keeping an eye on Naspers, as it could potentially have a bounce by Monday, especially if Tencent is able to reach HK$445 again.

Truworths International (TRU)

Truworths released a trading statement, which, while not stellar, was enough to cause a decent bounce, as the market flocked to buy it. This correlates with upward movement in other apparel stocks like Foschini (TFG) and Pepkor (PPH).

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 14/08/2026 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

We open to a red and yellow market, as yesterday’s CPI figures contributed to a new round of strength in the Dollar Index (DXY), at the cost of commodities and equities. We see weakness across the board in the metal space, which has led to a very risk-off sentiment, particularly as the market waits for the U.S. announcement regarding copper. For now, we expect a low-volatility market until a major catalyst shows up. We also recommend keeping an eye on the dollar inflation rate and the U.S. PPI numbers scheduled to be released later today, as it’s most likely to be the day’s catalyst.

Tencent (700)

Tencent had dropped by quite a bit following yesterday’s earnings. It was able to beat most expectations by a slight margin, but the capex (capital expenditure) figures were quite high, leading to uncertainty amongst investors and the subsequent drop. If the stock manages to hold at around the previous lows of HK$432, it could potentially make a comeback in the near future; otherwise, a test of HK$420 will be in order.

As a direct result of Tencent’s situation, we see a rotation out of Naspers (NPN) and Prosus (PRX), which at one point were down by over 7%. We see R800 and R790 as the levels to keep an eye on, where Naspers could potentially bounce, while for Prosus we’ve marked R710 and R700.

From left to right: Tencent (700), Naspers (NPN), and Prosus (PRX).

Local Stocks

The commodities have been in the driving seat of the market for the last few days. But with uncertainty in their immediate future, we recommend keeping an eye on the banks, as the likes of Standard Bank (SBG) and Absa (ABG) could become the play today.

Sibanye-Stillwater (SSW)

Sibanye was upgraded to buy Citibank, with a target of $13.50 (around R54.5), which is an increase of 21%.

DRDGOLD (DRD)

DRD released a decent trading statement today, which, in conjunction with the good performance of the last few days, could see it go further up. However, it’s worth taking into account that the company usually suffers from low trading volume, and its high capital expenditure and scale make it more sensitive than other gold miners to shifts in the price of gold. So trade carefully!

Earnings & Economic Data

Pre-Market Earnings

Applied Industrial Technologies (AIT)

Applied Industrial Technologies is a U.S.- based company producing bearings, power transmissions, and other industrial components.

JD.com (JD)

JD is a Chinese tech and e-commerce multinational, often regarded as ‘China’s Amazon’.

Bullish (BLSH)

Bullish is an American crypto company, which has shown the ability to move quite a bit in the past.

After-Market Earnings

Applied Materials (AMAT)

Applied Materials is an American tech company, specialising in providing equipment and software for semiconductor manufacturing.

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 13/08/2026 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

Yesterday’s market was uneventful, as the U.S. market continued to move sideways and consolidate. There has been very little news from the Middle East, which could potentially signal a move towards peace, but we prefer to wait for more concrete evidence. Interestingly, we see a mixed bag of movement in the commodity space, with gold and platinum giving up some gains, while remaining higher than Friday. Meanwhile, oil is up by more than 6%, due to no particular headline, which should translate to a good opening for Sasol (SOL) and the likes.

Tencent (700)

Tencent had a very red day today, dropping by around HK$10, which should have a negative impact on Naspers (NPN) and Prosus (PRX) openings today. However, we recommend keeping an eye on the stock, as its earnings tomorrow (Wednesday, 9th August) could be a major catalyst. For now, HK$480 is once again the important level to look out for.

Local Stocks

Telkom (TKG)

Telkom received its third upgrade since last month today. This time raised to overweight by Morgan-Stanley, with a target price of R70, an increase of 22%. As such, we expect it to have a good opening.

Pepkor (PPH)

Pepkor has swing trade potential, with R22 being the mark to look out for, as we could see a quick rise to R23 if it breaks. It’s also expected to release a trading update soon, which could lead to further growth if the update looks good. As such, we see Pepkor as one of the best local stocks in the retail sector, together with Boxer (BOX) and Shoprite (SHP).

Earnings & Economic Data

After-Market Earnings

Super Micro Computer (SMCI)

Super Micro is an American information technology company, specialising in server production and related software and storage system services.

CoreWeave (CRWV)

CoreWeave is an American A.I. infrastructure and cloud computing company.

Franco-Nevada (FNV)

Franco-Nevada is a gold streaming and royalty company, based out of Canada. Its earnings could be interesting for traders who like to play with gold.

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 11/08/2025 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

Today’s market is somewhat calmer, with equities and some metals trading sideways, as all eyes are on the U.S. nonfarm payrolls data, which comes out in the early afternoon. We see oil go up again, following news of Iranian strikes against merchant and military ships. This, in conjunction with Tuesday’s talks about peace deals, puts things firmly back into the old, familiar cycle of peace talks and escalations. Overall, we expect a quiet morning, with a slight risk-on sentiment due to the action in the metal space. And with Monday’s public holiday coming up, we wish you a happy long weekend!

Gold

The metal space is something of a mixed bag compared to yesterday. Gold was able to hold the pinball, which makes a test of the $4300 level a possibility today. That would most likely cause significant gains for gold miners, like AngloGold (ANG) or Harmony (HAR), who also have a significant presence in the JSE Top 40. We would also like to point to GoldFields (GFI) and Sibanye-Stillwater (SSW), as some the best performers yesterday. GoldFields was able to come up just short of the R620 level, which if breached, could put R640 and R660 in the cards. Sibanye also performed very well on both the gold and PGM fronts, and if it goes above R420, it has room to reach R440.

From left to right: Gold, GoldFields (GFI), and Sibanye-Stillwater (SSW).

Metal Space

The rest of the metal space is also interesting, to say the least. Silver is pushing up towards $65, breaking yesterday’s highs with very little in terms of talks or headlines. Knowing silver, it can move quite a lot proportionally, compared to gold. Copper and cobalt exports, meanwhile, were banned by Congo, which could drive up prices, as their usual customers scramble to stockpile the metals before the effects of the ban and new U.S. tariffs really hit the market. All in all, we see gold, copper and silver as the main plays today, while platinum and palladium somewhat lag behind.

Left: silver, right: copper.

Local Stocks

British American Tobacco (BTI)

BTI was upgraded by Standard Bank to buy, with a new target price at £48.50, an increase of 10%.

Pan African Resources (PAN)

Pan African was set to outperform, by RBC, with a target price at £1.55, an increase of 34%. This will be particularly interesting to watch and see the accuracy and impact of the Canadian firm’s research.

Economic Data

The U.S. Nonfarm Payrolls at 14:30 are the main catalyst of the day, as their results could have a key role in U.S. interest rate decisions.

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 07/08/2026 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

Yesterday was an interesting day at the market, with several interesting earnings and equally interesting results and market reactions. It was also a clear profit-taking day in the American market, as it jumped up massively, reaching new all-time highs, before closing at the lows. A so-called ‘bearish pinball’. The commodities, meanwhile, continue to perform well, while U.S. tech struggles, though bounces in the near future are highly likely, if the recent patterns are anything to go by.

Tencent (700)

Tencent is down by quite a bit today, dropping almost all the way down to HK$ 480. As we’ve mentioned, Tencent has its earnings next week on Wednesday (12th August), which could result in further profit-taking before the earnings. But the earnings report itself is likely to be an upward catalyst for the company, which would have a huge impact on Naspers (NPN) and Prosus (PRX).

JSE Top 40 Index (ALSI)

The Top 40 Index is currently the best way to gauge the local market trends. We see gold and PGM (Platinum Group Metals) miners making up around 20-25% of the ALSI. Banks, meanwhile, are seeing pressure, while telcos like Telkom (TKG) and MTN Group (MTN) are being dragged over the coals. Overall, it looks like a profit-taking day in the ALSI, with miners as the main winners.

Local Stocks

Sappi (SAP)

Sappi came out with its earnings today, showing middling numbers, with expectations of better Q4 being the one saving grace. It will be worth keeping an eye on to see how the market reacts to it.

Blu Label (BLU)

Blu will have its earnings this month, and the trading statement will be most worth keeping an eye on.

Earnings & Economic Data

Pre-Market Earnings

Energy Fuels (UUUU)

Energy Fuels is an American mining and refining company, specialising in uranium production. The company has been diversifying into south critical industrial metals as of 2025.

Datadog (DDOG)

Datadog is an American software company that provides digital observability services.

Celcius Holdings (CELH)

Celsius is an American beverage company, known for its energy drinks. In the past, it has shown the ability to move quite a bit on/after earnings.

After-Market Earnings

The Trade Desk (TTD)

Trade Desk is an American tech company with a significant presence in the software space. While the company hasn’t been performing very well, its earnings statements should still be very interesting.

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 06/08/2026 appeared first on Herenya Capital Advisors.

Ever since the start of the conflict in the Middle East, gold has been taking a dive, dropping from the highs of $5400, to just a hair above $4000. With the recent earnings performance of AngloGold (ANG) in mind, gold trade can appear to be in a complete freefall with no end in sight, making some wonder if it’s worth investing in any more. Today, we’ll attempt to shed some light on the topic.

Historic Gold Trade

Gold has historically had close ties to risk and inflation, with it functioning for over a century as a safe space in uncertain or high-inflation times. This relation has seemingly broken down recently, as treasury bonds, particularly U.S. bonds, have usurped gold’s position as an inflation hedge. We’ve repeatedly seen the market scramble to sell gold and equities to buy treasury bonds when the market expects a rise in inflation or interest rates, and vice versa, much to the dismay of many seasoned traders.

Gold’s Position Now

As gold’s relation to inflation expectations changes, so should a good trader’s handling of gold and gold-related stocks, such as gold mining companies. As the war in the Middle East continues to disrupt the global energy supply chain and create uncertainty, gold should only take up a portion of any one portfolio and be treated like an ‘end-of-war’ trade. With gold thriving better in more certain times, we believe it’s best to wait until you see one of two situations before investing in gold assets.

The first and more obvious is a proper and final end to the war, with ships passing undeterred through the Strait of Hormuz. The second would be a supply chain adaptation to the situation, much like what we saw with the war in Ukraine. New pipelines, trade routes and infrastructure could lead to a bypassing of the Strait, or increased oil production in other regions that could help compensate for the loss of Middle East oil, and allow the market to start recovering once again.

The magic happens in our community!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post Gold, Gold Miners, & The War (03/08/2026) appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

We open to another green day as markets rally on news of talks between Iran and Oman. The S&P 500 reached a new all-time high, showing a trend of the market taking in only the good news and ignoring the bad regarding the Middle East, regardless of how shaky or indecisive it is. The commodity market, meanwhile, is doing rather well, with gold, PGMs (Platinum Group Metals), and iron seeing green, and oil as the main loser, which should see miners of all stripes and colours push up South Africa today, at the cost of oil stocks like Sasol (SOL).

Gold

Gold has had a massive jump, bringing it very close to $4,200, which we view as a crucial level for the metal. This translates directly to the likelihood that gold miners like AngloGold Ashanti (ANG) and Goldfields (GFI) start in the green by a significant amount, while making any stock that opens in the red a good possible option in the early hours. With strength in the Rand and the rest of the metal space, we expect gold and other miners to push up the ALSI as a whole today, barring an unforeseeable curveball.

Local Stocks

PGMs (Platinum Group Metals)

With both platinum and palladium going up, we see the PGMs as a potentially good investment for the day. In regard to specific stocks, we see Valterra (VAL) and Sibanye-Stillwater (SSW) as particularly interesting. In Valterra’s case, the company had a successful deal of sorts in China yesterday, which made the stock take off. Sibanye’s more diversified mining makes it able to benefit from the price increase in both gold and the PGMs.

Naspers (NPN)

Naspers has been performing very well ahead of Tencent’s (700) earnings next week. With it reaching a new high, reaching R925-950 is a possibility, and buying its dips could be a good option for the time being.

MTN Group (MTN)

MTN had a massive drop on Friday and has gone sideways since. But with an upgrade by Avior to outperform, and a target price at R251 (19% increase), we see it as a potentially attractive option.

Earnings, Ex-Dividends & Economic Data

Pre-Market Earnings

Circle (CRCL)

Circle is an American-based payment-tech company, providing dollar- and euro-pegged stablecoins.

Riot Platforms (RIOT)

Riot Platforms is a large American Crypto mining company.

Novo Nordisk (NVO)

Novo Nordisk is a pharmaceutical multinational, based in Denmark.

After-Market Earnings

Sandisk (SNDK)

Sandisk is an American semiconductor company, whose earnings will be particularly interesting for the sector, following AMD’s disappointing performance yesterday.

MercadoLibre (MELI)

MercadoLibre is an e-commerce company based in Uruguay. It’s regarded as the ‘Amazon (AMZN) of Latin America’.

Ex-Dividends

The following stock is set to go Ex-div today.

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 05/08/2026 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

We open the day to a market rally in commodities and equities, following the cancellation of planned strikes over the weekend. Oil is the main loser today as it dropped by 6%, while gold and PGMs (Platinum Group Metals) show signs of a short-term bounce, which, in conjunction with Tencent’s (700) performance, helps create a risk-on sentiment for this morning session. However, we still recommend caution, as the market rally is behind cancelled strikes, rumoured to be due to a munitions shortage, rather than substantial progress towards peace. At the same time, Hormuz remains closed and further escalations are still on the table.

Gold

Our belief remains that gold needs to break $4200 to see proper movement to the upside. But looking at the charts, we believe that a short-term bounce is a very real possibility, which makes gold and gold miners an investment opportunity to keep an eye on, for those interested. As far as miners go, Harmony (HAR) had a standout performance last week, with significant pumps on Wednesday and Friday that were somewhat unexpected. We speculate that if it’s able to break the R280 level, we could see a retest of R290-300.

From left to right: Gold, gold shares, and Harmony Gold (HAR).

Local Stocks

Valterra (VAL)

The PGMs are expected to move up this morning, supported by weakness in the dollar and strength in commodities. We see Valterra as the most attractive option, with R1160 as the level to break before retesting R1200.

Aspen (NPN)

Aspen received the go-ahead on the development and production of a potentially world’s first oral anti-HIV pill. But with last week’s reports of supply chain issues, and Friday’s downgrade, we see the stock as something to keep an eye on until it finds support.

Real Estate

Standard Bank came out with a trio of changes in the real estate sector today. Redefine Properties (RDF) was raised to buy, while NEPI Rockcastle (NRP) and SA Corporate Real Estate (SAC) were cut to hold.

From left to right: Redefine Properties (RDF), NEPI Rockcastle (NRP), and SA Corporate Real Estate (SAC).

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 27/07/2026 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

Today we see what could be the beginnings of a turnaround for gold, as it gives back some of yesterday’s gains, while the platinum groups open flat or in the red. The flat and down openings are also a theme in the broader market, both in the West and on our side of the world. Interestingly, Asia seems to be doing well, with Nikkei 225 (Japan), KOSPI (Korea) and the Hang Seng (Hong Kong) all in the green today. With commodities dropping and retailers taking hits in broad market sell-offs, we recommend keeping a close eye on the interest rate decision scheduled at 15:00 today, as it could determine where our market goes from here.

Software

Softwares took a hit yesterday, following ServiceNow’s (NOW) earnings. It’s worth keeping an eye on the sector in the near future, with the upcoming earnings from Microsoft (MSFT) next Wednesday (29th July), which could act as a short-term catalyst and bring a rotation out of semis and into softwares.

From left to right:  iShares Expanded Tech-Software Sector ETF, ServiceNow (NOW), and Microsoft (MSFT).

Tencent (700)

Tencent sees a bit of green today, even touching 2% growth at one point, before dropping back down to 1%. This could be the cause for some optimism, as we could see it retest the HK$460 and the subsequent HK$480 again. We believe that any further upside would require a proper catalyst, and the most likely candidate is the upcoming earnings on Wednesday, 12th August.

Local Stocks

Blue Label (BLU)

Blue is on our watchlist, as it has managed something of a comeback, finding new lows before breaking swing highs. We see R8.80 as the next level, which could see the stock test R9.0-9.25 again.

South32 (S32)

South32 sees another round of massive growth for a fifth day in a row, though interestingly, it didn’t leave a gap this time. There could be a shorting opportunity if it reaches R55-56, as a drop could see the stock close some or all of the gaps between R45 and R51.

AngloAmerican (AGL)

AngloAmerican released its production numbers earlier, displaying decent numbers overall. But most interestingly, it reported a significant cost cut in copper production, which should help push the company up.

Earnings & Economic Data

The interest rate decision at 15:00 is probably the most interesting item today, as it’s the most impactful and somewhat unpredictable. Yesterday’s CPI figures were quite hot, while the officials have had a rather hawkish tone as of late, which makes it all the harder to predict whether the interest rate goes up or down. Either way, the consumers and retailers will be the first to feel the effects.

After-Market Earnings

Intel (INTC)

Intel is the third-largest microchip designer and manufacturer, whose earnings have previously displayed the ability to move the semiconductor sector.

Newmont (NEM)

Newmont is a major American gold miner. With the price of gold falling, its earnings -particularly its forward-looking statements- should be worth keeping an eye on if you have any interest in gold.

Economic Data

Start your trading journey with us today!

We’re posting on TradingView, we’re posting on our blog… but the real magic happens in our client community where you can get access to our ideas as they develop. So, open your account and join us and start taking advantage of South Africa’s Top Broker for both Active Traders and Traditional Investors. We have a Discord server, with a Daily Morning Call at 08:30 (Monday – Friday), where our Trading Strategist shares market updates and posts information with the Community. If you are not trading with us yet, what’s stopping you?

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

The post The Daily Trades 23/07/2026 appeared first on Herenya Capital Advisors.

The following is a partial recap of the market analysis shared during today’s morning Discord call.

Today’s market is a far more colourful one, as we see an unusual, simultaneous growth in oil and precious metals. The former is in large part due to a new round of trade route disruptions in the Middle East, as the Houtis once again threaten to block the southern entrance to the Red Sea. There’s also movement in both directions, in a variety of sectors and markets, as geopolitics, important earnings and key economic data come together to create a no doubt interesting day at the market, and overall, we expect the rise in gold, PGMs (Platinum Group Metals), and Oil to help push the JSE up today.

Tencent (700)

Hong Kong is down by around 1.5% today, following trade restrictions on A.I. tech between the U.S. and China. Companies like Alibaba (BABA) and Baidu(BIDU) have seen similar drops, while Tencent is down by around 6.6% today. This is strange, as there have been no headlines or catalysts to explain such a sharp drop compared to other Chinese tech giants. This is highly likely to cause a bad day for Naspers (NPN) and Prosus (PRX), and we expect to see a minimum drop of 2%.

Software

Yesterday, we saw the continuation of the inverse correlation between software and semiconductors, as wins in the semis coincided with drops in software again. Adobe (ADBE) and Workday (WDAY) were downgraded to underweight by Morgan Stanley, which could have soured the sentiment on the sector, though individually, they performed relatively well, all things considered. As for today, ServiceNow’s (NOW) earnings should be closely watched, as its performance could go either way and will likely play a pivotal role in the sector’s direction in the near future.

From left to right:  iShares Expanded Tech-Software Sector ETF, Adobe (ADBE), and ServiceNow (NOW).

Local Stocks

Goldminers

Gold sees growth for the fourth day in a row, and with the overnight push. As a result, we speculate that goldminers such as AngloGold (ANG), Harmony (HAR), and Sibanye-Stillwater (SSW) will have a decent day today.

From left to right: Gold, AngloGold Ashanti (ANG), and Harmony Gold (HAR).

Aspen Pharmacare (APN)

Aspen’s report yesterday seemed more positive than negative. But word of supply chain constraints seems to have been enough to cause a 7.3% drop, bringing it to a previous swing-low at R144. We see R142.5 as the level to look out for, as going below it could cause a drop to R140 or lower.

Earnings, Ex-Dividends & Economic Data

Today’s quite stacked on three fronts, and we recommend watching South Africa’s CPI figures closely, as they are likely to impact tomorrow’s interest rate decision.

After-Market Earnings

ServiceNow (NOW)

ServiceNow is an American software company whose earnings could determine whether the software sector drops or goes up in the near future.

Tesla (TSLA)

Tesla is an American EV (electric vehicle) and clean energy company, and one of the so-called ‘Magnificent 7’.

Alphabet (GOOGL)

Alphabet, colloquially known as Google, is a diverse tech company, known primarily for its search engine and YouTube. But the company also deals with A.I., software, cloud storage and more.

Texas Instruments (TXN)

Texas Instruments is a multinational Semiconductor manufacturer, based in the U.S.

International Business Machines (IBM)

IBM is a U.S. multinational tech and tech research company, operating in a variety of fields in the broader tech sector.

Ex-Dividends

The following stocks are set to go Ex-div today.

Economic Data

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The post The Daily Trades 22/07/2026 appeared first on Herenya Capital Advisors.