It's been a terrible start for the rand.
Last week we saw it hit R15.00, dropping it down over 6.07% for the year.
According to Bloomberg, the rand was the second-worst performing currency out of the 24 emerging-market currencies world-wide.
And it looks like this is only the beginning.
In today's article we'll discuss the four reasons why I expect the rand to plunge to R1... ››› more
Brent crude has had an abysmal start of the year.
As things stand, the price is hovering around $50 per barrel which is the lowest it's been in over 12 months.
A major, if not ONLY factor, that's resulted in the drop in brent crude is the Coronavirus.
As I write this, the virus has already infected more than 17,000 Chinese people and more than 350 have died. The numbers are rising on... ››› more
Yesterday saw global stock markets retreat, sending the JSE and other emerging markets into a tailspin. This is on the back of the Coronavirus and a missile attack on the US embassy in Bagdad.
But if it wasn't for this, it would have been something else… Investor sentiment has been high, pushing major US indices to all-time highs and others including the JSE to recent highs.
... ››› more
Vodacom released interim results yesterday, and it isn't enough to see it push through the critical resistance level above R136.50.
Headline earnings per share came in at R4.60 (half year), which is below the full year 2020 consensus expectation of R9.61. Vodacom will have to do very well in the remaining period to achieve consensus and not disappoint investors.
SA reported mobile service ... ››› more
Telkom released annual results last week and its share price soared after a brief pull back. It has rallied over 50% year to date. Investors were expecting information on the potential property portfolio unlock. Nothing concrete has been delivered.
The CEO Sipho Maseko highlighted “Our strategy to separate our property and mast and tower portfolio to increase management focus and unloc... ››› more
“Timon I don't know how you do it, but thank you for that 29% gain in one day. I took the JSE ALSI CFD trade last week with Red Hot Storm Trader. But I have to ask you, how did you know the ALSI was going to just shoot up like that?”
There are two green flags that told me the ALSI was going to go up.
Two green flags which signalled a buy on the ALSI
Gre... ››› more
On 20 January 2017 Friday evening, Donald J Trump became the 45th president of the United States.
We saw the markets welcome the transition of power. But we also know the sentiment is fickle as weather.
In today's Trading Tips, and in honour of his inauguration, I want to look at three bearish (downside) trading set ups and one safe-haven gold trade.
These companies may ... ››› more
89 million babies were born around the world this year.
In the same time, 37 million people passed away.
That means the world's population grew by more than 52 million people in only eight months!
That's the equivalent of South Africa's population added to the world.
Imagine that, an entire country gets added to the world every 8 months!
And all of these people need an education,... ››› more
The JSE's performance over the last seven days has been dismal to say the least. It's down 3.22% and nobody seems to know when it's going to stop.
Every major sector on the JSE has decreased taking the shares down with it.
Financials - Down 1.53%
Resources - Decreased 1.79%
Industrials - Fell 1.12%
Gold mining - Tanked 4.12%
But despite this poor performance, there are opportunities... ››› more
Last week, we published the kind of recommendation I prefer not to put into the public domain.
• First, it was a short-recommendation.
• Second it was a short-recommendation on an established, stable and, what most people would consider, blue-chip company.
• Third, it used a fairly advanced trading instrument that's often misunderstood by the general public.
But, in spite of these ... ››› more
Gary Booysen, Rand Swiss Portfolio manager, and professional trader, has just uncovered a powerful short-term short-trading profit opportunity for you in South Africa's telecoms sector. If you're interested in taking on the risks involved with shorting geared trading instruments - in exchange for the massive gains up for grabs - then you will want to read on for Gary's full technical analysis on t... ››› more
So you've decided to start investing. You're excited but the problem is you have no idea where to start.
Well, the thing is, you'll never know what shares to buy or what investment instrument to use if you don't have an investment plan. That's why today I'm going to show you how to set up your investment plan in three simple steps. Step 1: Understand your finances
No investment comes wit... ››› more
The risks involved in maintaining a successful business are real. If you don't protect yourself from unexpected and destructive events, you could see all your hard work crumble.
It's important to secure the future of your business by making shrewd and informed short-term insurance decisions.
Here are five insurance secrets you can use to protect your business in the face of a deteriorating... ››› more
Strange weather we're having...
In the day time it's an absolute scorcher. In fact, walking outside yesterday was hotter than what I felt in Dubai last month.
But in the early hours of the morning, it's so freezing that I need to put on a jersey or two. Not to mention we still haven't seen the summer rains we're used to.
But what does the weather have to do with Trading Tips?
Simple: T... ››› more
Trading isn't just about making money from rising prices, you can also profit from falling share prices.
You can do this by shorting shares or indices.
Instead of buying at a lower price and selling at a higher price, you hope to buy at a higher price and sell at a lower price, banking a profit.
So if you fancy short selling, what trading instruments can you use?
Let's take a closer l... ››› more
If you want to start trading the stock market, one important thing you need to decide before you begin is your trading timeframe.
Knowing this will help you decide what strategies are best for you and how much time you need to devote to trading.
So what types of trading timeframes are there?
Let's take a closer look…
Trading timeframe #1: Day trading
A day trader is in and out ... ››› more
Trading the stock market isn't all about trying to make money from rising prices. You can also profit from falling prices too.
This is known as short selling or shorting.
So what exactly is short selling? And how can you do it?
Read on to find out more…
What is short selling?
The ‘conventional’ way of trading and investing on the stock market means going long. In other word... ››› more
By trading contracts for difference (CFDs) you can magnify your potential gains.
But you don't just have to hope a share price rises, you can profit from a falling share price too.
So how does this work?
Let's take a look…
How to trade CFDs on falling share prices
If you think the price of a share or the value of an index is going to fall, you can short it using CFDs. Shorting... ››› more
CFDs (contracts for difference) are a financial derivative that you can use to trade underlying assets such as shares and currencies.
So how do CFDs work when you trade them?
How can you make money?
How does the daily funding charge work?
And what if a company you're trading CFDs in pays a dividend?
Let's take a closer look…
The difference going long or going short CFDs m... ››› more
On 27 November 2013 I wrote an article saying.
. “Gold is definitely not your safe haven in South Africa”.
I told you that a sideways range had formed between (3,282 and 1,376), and the next target was for the JSE-GOLD index to drop to 800…
And that’s exactly the level it hit last month. But just because it hit that level, doesn’t mean you should just buy gold now b... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.