This is sad but you need to know.
Today, I am taking yet another company off my trading watchlist.
Telkom…
Since June we've seen this telecommunications giant' share price crash from R100 down to R46.00 per share.
That's a 54% sharp drop which signals MAJOR red flags when it comes to trading.
In today's article, we'll go into four reasons why Telkom is getting killed, where i... ››› more
Q. "Where can I find a live streaming international news service where I don't need to keep refreshing the website?"
A. Live streaming international news services have been a big challenge for traders and investors. But when you search through what is available on the internet nowadays, you can find anything…
In fact, I was fortunate to find a reliable website 10 years ago, which I sti... ››› more
While October was the month we had Black Tuesday in 1929, Black Monday in 1987 and a big sell off in October 2008 post Lehman's collapse, it generally ends the month up.
Over the past 100 years the Dow and S&P have ended positive 62% of the time with an average gain of 0.4% but with heightened vola... ››› more
Global markets are riding a rising tide of positivity from hawkish FOMC meeting minutes, US Fed Chair Powell indicating the US economy is strong and a positive US and Mexico trade deal.
Investors shouldn't fear new record highs because historical market data indicates it's a bullish signal. When a new all-time high is achieved, there is a 90% chance of achieving a new all-time high in the four... ››› more
Last week was a busy week with the market sailing through a gauntlet of central bank meetings, escalating trade tensions and a historic meeting between the US and North Korea.
Surprisingly the JSE held up relatively well buoyed by a weaker Rand. We've also seen volatility (measured by the VIX) drop back towards 12, a level that signals the market might not be pricing in the risk of a “Trump ... ››› more
In the past 24 months the JSE All share index has been unable to lift itself out of its sideways channel.
In the last two years it only managed to deliver a 1% move for investors. The trading environment in the local market has been tough to say the least.
There has been a slew of socio-political upheavals, both internationally and locally, that have negatively affected the market.
With j... ››› more
Dear Trading Tips reader,
On Saturday, at the Forex 101 Workshop in Durban, an attendee asked a question which sparked an interest with the rest of the attendees.
“Out of the hundreds of news events, which ones are the most important to trade with?”
I could see by their faces that they all wanted to know the answer to this question.
Who wouldn't? Everyone wants to know which eve... ››› more
Thank you for making Trading Tips what it is today!
Always remember,
“Wisdom Yields Wealth”
Timon Rossolimos,
Head of Trading, FSPInvest.co.za
... ››› more
Thankfully, things have changed since the dark days of apartheid. The investment markets are certainly not racist, sexist or homophobic. If you have enough money, you can invest in anything you want. But the successes you achieve in the investment markets are based on the strategies you use, the opportunities you see and the risks that you avoid.
With that in mind, I want to introduce you to ... ››› more
NewFunds NewSA ETF exchange traded fund (ETF) tracks the performance of the NewSA Index. The ETF has a listing on the Johannesburg Stock Exchange…
Full name: NewFunds NewSA Index ETF
Short name: S&PGIVISA
Ticker: GIVISA
Sector: JSE listed funds
Five top facts about NewFunds NewSA Index ETF
Fact #1:
ETFs are passively managed funds that aim to track the... ››› more
NewWave Silver exchange traded note (ETN) tracks the performance of the spot price of silver in rands. The ETN has a listing on the Johannesburg Stock Exchange…
Full name: NewWave Silver ETN
Short name: NEWSILVER
Ticker: NEWSLV
Sector: JSE listed notes
Five top facts about NewWave Silver ETN
Fact #1:
ETNs are debt instruments that trade on a stock exchange. By lending money to th... ››› more
Watch the short video clip below, so you can see how you can trade Forex anywhere in the world.
(If you don’t have time to watch the video, read the transcript below.)
Behind me is the London Eye which is a very big Ferris wheel, 135 metres to be exact.
I’m currently here in Southwark at MoneyWeek headquarters in London. And my trading account, is sitting in Johannesburg, in S... ››› more
NewFunds NewSA Index exchange traded fund (ETF) tracks the NewSA Index. The ETF has a listing on the Johannesburg Stock Exchange…
Full name: NewFunds NewSA Index ETF
Short name: NEWSA
Ticker: NEWFSA
Sector: JSE listed funds
Five top facts about NewFunds NewSA Index ETF
Fact #1:
ETFs are passively managed funds, which aim to track the performance of an underlying index. ETFs have ... ››› more
If you're an investor, chances are you'll read the financial news regularly. You'll probably pay close attention to stories about stocks you hold shares in.
But by letting what you read in the news influence your investment decisions, you could be hurting your returns.
Read on to uncover three reasons why you should ignore the financial news…
Reason #1: Financial news can lead you to... ››› more
I remember my childhood days like they were yesterday: Summer meant long road trips, cold ice cream, camping trips, park rides, and lots of outdoor games.
These days, summer means irregular volatility, thinner liquidity, and higher margins for me. (And cold ice cream, still got to have ice cream.)
Liquidity tends to choke up in the summer, because this is the time of year when stock traders... ››› more
Last week the SARB raised rates by 0,25%. There was no clear consensus before the decision with a little over half of all the economists surveyed predicting no change. I would like to point out that I called for a 0,25% hike in my last update. Despite the fact that the economy remains weak, the SARB's primary mandate remains price stability, in other words fighting inflation. Given the fact that i... ››› more
Last week was rather volatile as local and international news kept the market under pressure. On the local front, the NUMSA strike had its first full week. When the strike first started, I had expect it to be reasonably short as it seemed that a compromise increase of about 10% would be acceptable to both parties. However, as the week progressed, I have changed my view.
No end in sight
The... ››› more
It's a common joke that South Africans are Olympic level strikers and it must be true because not only are we eligible for the marathon, after the 5 month long platinum strike, we appear to want to try our hands at the relay. Just as we ended one strike last week, we look set for another even larger one this week.
Another strike for South Africa
Approximately 220 000 workers in the metals ... ››› more
It's been a rather eventful week. The highlight of which, was the ECB's rate announcement and subsequent speech. This after it decided to instate negative interest rates to prevent the eurozone from sliding into deflation.
It was so eventful, in fact, that the normally dominant US Non-Farm Payroll number was pushed into second place.
In local news, the new mining minister met with unions an... ››› more
Today, the rand has consolidated slightly. The local currency has been under severe pressure since last week following the release of some poor local economic data. But after falling for three consecutive days, the rand has halted its decline - for now. Let's take a closer look at what's going on with the rand…
The rand is looking oversold
This morning, the rand managed to hold “steady aga... ››› more