Weekly game plan 14 June 2020

If there is going to be COVID related fallout from the demonstrations, we should start seeing an uptick in COVID-19 cases around the world in the coming week or two. This will be an interesting metric to watch as it could potentially send half the world back to hard-lockdown. We’ve already seen the state of Florida (in the U.S.) record a record number of new cases last week. Should that trend continue and emerge in other states or even in other countries, we think that it could create a reasonable amount of fear in markets once more.

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Weekly game plan 24 May 2020

It would seem that even though the world is feeling a little better about the coronavirus, fears and uncertainties around the trade relations between the U.S. and China are flaring up again. Moreover, it seems that relations between China and Hong Kong could be a negative catalyst that could bring some risk off sentiment into the market. Overall our feeling is still slanted toward bearishness.

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Weekly game plan 17 May 2020

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.

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Weekly game plan 10 May 2020

The market mechanics are starting to feel broken again… Equities are halfway to completing a V-shaped recovery, Tech stocks in the US are green for the year (this part makes sense actually), Volatility is coming down fast and markets are calming down. All this while the global economy has basically shut down and literally millions upon millions of people around the world has lost their jobs…? Also, bitcoin halving taking place next week. Careful of the bull trap.

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Weekly game plan 26 April 2020

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.

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Weekly game plan 22 March 2020

First and foremost, we want to encourage everyone reading this to take social distancing seriously. As for trading; for now we are being very, very careful. Most of last week we hardly traded any swing-CFD positions and we expect that it will be the same in the coming week. We will not entirely sit out the week, but we will be very selective with our trades. Risk management is absolute.

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