Here's a bit of a warning.
Have you seen the petrol price hikes lately?
Probably not yet, but you will.
In America the prices of petrol and diesel shot up to the highest level in over 14 years.
Petrol went to $1.23 per litre or $4.69 per gallon.
Diesel rocketed to $1.35 per litre of $5.11 per gallon.
And as you know, what happens in America, has a ripple effect in South Africa ... ››› more
Since last year, emerging currencies have been falling.
Scrap that… CRASHING…
We aren't sure why exactly, but I think it's all down to what is happening with the US.
You see, the FED is expecting to raise their interest rates this year.
This will help dampen the inflation rate.
As this is good for the GDP and the economy, it will lead to US dollar strength and weakness among o... ››› more
The petrol price in South Africa is breaking the R20 a litre level.
December 2020 it sold for R14.26 a litre. That's an increase of 41.6%
Sure - the 2020 level for petrol prices was a low base. Covid reduced demand and the oil price was really low.
But the huge increases we're seeing now are hurting - and they'll definitely affect business as well.
-------------------------------------------... ››› more
Q. ”This year I joined Timon's trader service. I must say I'm loving the simplicity of the emails and the high number of profits so far. In one of the recent emails, it said that you had banked a certain percentage on a trade. Please clarify a formula to calculate the gain and loss percentage in a trade?”
A. Thank you for the question Happiness and glad to have you on board.
Le... ››› more
The rand has really taken a beating this year.
In July I wrote an article, From Lockdown 4 to Jumanji - Here's why I'm selling the rand. I predicted that the rand would fall from R14.30 to R15.58.
This was due to local reasons such as the looting that took place, the slow vaccination roll-out as well as a bearish chart pattern.
And to catch you up, you... ››› more
On 15 November 2021 Grindrod Ltd (JSE:GND) made an important announcement.
The company said it is entering into a joint venture with Maersk - the world's largest container shipping line and vessel operator since 1996.
This hasn't been frontpage news, and its not receiving a lot of attention. But as I will explain to you in a moment - this is huge news for Grindrod shareholders.
____... ››› more
Q. “Would you please clear something for me. There was recently a trade recommendation for Brent Crude. This is quoted in US dollars? How do you work out a 2% risk with a South African rand denominated account?”
A. Sure, I’ll share with you an easy calculation from the most recent Brent crude trade we sent out via Pickpocket Trader on 28 October 2021.
Here are the tr... ››› more
In the last part of 2021, we've already banked seven profitable trades.
Take a look at the last 7 trades…
• Aspen for a 28.02% gain in just 38 days.
• Anglo American for a 63.39% gain in 9 days.
• Spar for a 25% gain in 10 days.
• BHP Billiton for a 73.12% gain in 5 days.
• First Rand Bank for a 5.83% gain in 15 days.
• Spar for a -28.40% loss in 28 days.
... ››› more
This month is a major one for South Africa…
On 1 November we had the local municipal vote where we saw negative sentiment for both the rand and bonds.
In fact, not only did the the rand fall over 1.1% versus the dollar, the nation's local-currency debt also dropped 1.2% in dollar terms.
This weaker rand helped boost resources share prices, as our resources are exported in US dollars.... ››› more
In August I wrote a few predictions on how I expected the resource sectors to rally.
Since then, my Red Hot Storm Traders have banked a 63.39% gain on Anglo American and a 73.12% gain on BHP Billiton.
If you missed that profit train, make sure you don't miss this one coming next.
I expect it to be just as profitable.
My next prediction is also based on a resource and commodity, whi... ››› more
Last week, I wrote a prediction on how I expect resources to rally in the next few weeks.
This was mainly due to BHP Billiton, the largest diversified miner in the world, announcing a multi-billion deal to sell its liquid fossil business.
This told us, they are steering away from coal and petroleum and moving into cleaner and healthier energy alternatives.
I also mentioned that, this will... ››› more
In March 2021, I sent a prediction article saying the FTSE 100 was ready to rally over 435 points. And last month, it hit the price target at 7,184.
As I mentioned in the previous article, it was a no brainer.
The economy was opening up, the FTSE got upgraded by the OECD and the pound was crashing.
Now that positivity is flooding the market, I expect another major rally for the FTSE 10... ››› more
The JSE ALSI is at it again!
As of last week, it broke through its side-ways range since January and hit an all-time high.
There were three main reasons for this.
First, over the last month, we've seen South Africa's COVID-19 cases drop from 14,000 to 1,200 average cases per day.
So President Cyril Ramaphosa, gave us the greatest economic giftand dropped the restrictions from Level 3... ››› more
At the end of January, there was a phenomenon that took place world-wide.
In all my 19 years of being in the markets, I've never seen anything like this…
GameStop (an everyday old fashioned gaming company selling video games and accessories) jumped from $45 up to $360 in a single day.
Only thing is, it wasn't the fundamentals (company events) that gave rise to the price - but a group... ››› more
If you reading Trading Tips in 2020, you'll know I was a big seller of Brent Crude throughout the year.
In the last oil article, I made a wild prediction that Brent Crude oil was heading to $30.
If you missed it, you can catch up here…
"Why oil dropping below $40 is a major threat to the global economy"
And in just a few weeks, the price crashed down not only to... ››› more
Q. "Timon with Joe Biden becoming the next president, what are your thoughts on energy and oil prices?"
A. For a short answer, I have never been more bullish (positive) with oil and the energy sectors.
You see, with the Donald Trump administration there were ongoing trade wars and tension with China over the last four years.
And for this reason, we ke... ››› more
To think, in 2011, Brent Crude was at $120 barrel. And today is barely hanging onto $40.
This was all thanks to the Corona-crisis.
In fact, we are now seeing a resurgence in Europe with new restrictions and lockdowns.
And just look at who's contracted the virus.
• President Donald Trump and the first lady
• British Prime Minister Boris Johnson
• Brazil's Jair Bolsnaro
• ... ››› more
I'm talking about silver…
You see, silver is used in three main industries:
• Jewellery (30% demand) (Bracelets, necklaces, rings, coins etc…)
• Industrial (50% demand) (Electronics, solar panels, 5G tech, silverware & electric vehicles)
• Investment as a form of a safe haven
And now we're seeing more cars on the road, factories opening their doors and investor sentiment is... ››› more
This year, I've been a precious metal bullion.
I've made predictions on gold, platinum and I've sent out 7 trade ideas to Red Hot Storm Trader.
Fortunately, the trades I've made have been correct 5 out of 7 times including:
AGL 47.09%
BIL -27.87%
AGL -46.43%
ANG 82.20%
KIO 50.51%
AGL 103.79%
ANG 50.34%
These resource companies have helped me back a 259% gain for ... ››› more
March will be known as the worst month of all-time for the South African rand.
With the ongoing lockdown, the increasing rate of COVID-19 cases, the crumbling economy, and the downgrading from Moody's - It's just been bad news after bad news for SA.
And what happened last week?
Well we saw the South African rand hit record lows passing through the R19.00 mark against the US dollar.
... ››› more
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