Should you be investing in less risky assets in developed markets?

by , 13 June 2018
Should you be investing in less risky assets in developed markets?
This week is full of event risk; the US interest rates announcement, the market expects a 25-basis point increase, with an 85% probability, US and North Korea summit, US CPI, UK unemployment, ECB committee meeting and Italian policy uncertainty.

All of these could push investors towards less risky assets in developed markets.

Short term traders should focus on Rand sensitive shares as volatility and uncertainty in them could present profit opportunities.

Risk averse investors should sit on the side lines while these events unfold and wait for the market to choose a direction.

The week ahead:
 
• Results Due: CKS, GTR, SCD, SSS (12/06); BAT (13/06); APF, MMP, PRG (14/06); GAI, NVS, PMV (15/06)
 
• LDT (12/06):  AFT, BWN, CRG, CMH, DNB, HPB, ISB, IPF, MEI, NRL, NVE, SYG, TDH, TRE, TSH
        
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How to generate a R700,000 windfall starting with R10,000 using the oldest wealth trick in the world
 
This wealth secret is the most powerful force in finance. It’s the force behind almost every fortune. The brilliant financial writer of the Dow Theory Letters, Richard Russell, called it “The Royal Road to Riches.” And it’s been mathematically proven time and time again as the #1 ’how to get rich quick’ trick in the modern world.
 
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Last week’s movers and shakers… 


 
 
Best Performers: SNH 20.6%; SGL 13.6%; DRD 11.6%; KIO 8.3%; IMP 7.9%
 
Worst Performers: SLM -9.5%; MUR -9.4%; DSY -9%; PSG -8.4%; TSX -7.5%
 
Other Economic data releases of interest…
Tuesday: Average Earnings Index (UK); CPI (USA); RBA Gov Lowe Speaks (AUS)
 
Wednesday: Trade Balance (CAN); Crude Oil Inventories (USA); Trade Balance (AUS)
 
Thursday: Main Refinancing Rate, ECB Press Conference (EU); BOJ Policy Rate, Monetary Policy Statement (JP)
 
Friday: BOJ Press Conference (JP)
 
One to Buy
Coronation back to buying territory
 
CML has pulled back to attractive levels after Sanlam’s operational update surprised the market and the Rand weakened significantly. It’s down over 29% in the past two months and approaching support.
 
Investors like the juicy dividend it pays out, on a dividend yield of over 7%. Investors who buy the dips with a longer-term horizon will be rewarded.
 
Buy CML below R60.00 for a move back to R80
       
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I‘ve been waiting four years to share this with you...
 
If you bet on the soccer, you’ll have heard of these two.
 
One is a record-breaking goal scorer, and the other the most expensive player in soccer.
 
To the average punter, these two favourites don’t exactly scream ‘profit machines.’
 
But here’s the thing...
 
There’s a small group of unconventional punters out there who are very, VERY excited about them...
 
Why?
 
Because they’re using a specially designed ‘betting code’.
 
This code is so powerful; it could see average South African punters land as much as 93% profit by the end of the soccer tournament.
 
 
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Short term Ideas 
RMI: Entry R39.00, stop loss R37.75, target R44.00
MTN: Awaiting a break above R121.36 to open up R130.00
FSR: Buy below R61.15, stop loss at R59.90. Target R65.00

Long Term Ideas      
AB InBev: Buy below R1,250 for a move to R1,475.
ARM: Up 6% since we got in. Hold
Dischem: Accumulate below R30.00 for a move above R37.00
Shoprite: Hold. Target of R285.
Anglo: Increase stoploss to R303.30 to lock in 6.4% gain.
Aspen: Accumulate on weakness below R260.
Sygnia: LDT today. Add below R12.50.
Santova: Moving higher, place a stop loss at R3.10. Hold.
Merafe: Accumulate below R1.55.
Jubilee: Speculative buy below R0.50.       
MTN: Maintain position, accumulate for long term below R120.00.
Glencore: Still bullish. Hold
Wescoal: Long term buy. Add below R1.80
Naspers: Increase exposure below R3,000.
Global Investment: 
 
For direct access to global equity markets or our various offshore investment portfolios and structured solutions - contact Gavin McCarter without delayEmail: gavin@prodigyam.co.za
  
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Should you be investing in less risky assets in developed markets?
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