The JSE defied gravity and even the notorious Cabinet Reshuffle, rising 10% from December 2016 to May. That was in the face of lower economic growth figures and a deteriorating political landscape. Over the last few days the JSE All Share Index slid 3% in quick fashion, close to the support trendline. The support might
The iManaged General Equity Portfolio returned 16% for the 12 months to March 2017, more than double the 3% return on the JSE All Share Index. The portfolio’s return over 5 years is an impressive 17% per year compared to the Alsi’s 12%. With 17% compound growth it means your portfolio could have doubled in 4
This is a real example of the value of stop-loss orders. When we bought Amgen for a family member at $150 we placed a 10% trailing stop-loss order. The share price moved up nicely to $175, causing the sop-loss level to move up to $157.50. Last Friday the 28th of October, Amgen reported decent results
The sacking of Finance Minister Nhlanhla Nene for no other reason than to get Treasury’s approval for a disastrous deal by SAA on 9/12 became our own 9/11 disaster. In the aftermath of the sacking, the Rand weakened to R16.85 and government bond yields shot up to 10.5% as mostly foreigners sold South African assets.
Sanlam iTrade Online provides a wealth of information and data on every listed JSE share. Every week we will highlight another section of the Share Data pages. Accessing Share Information After logging in on www.SanlamiTrade.co.za click on Markets/Data/Research in the top menu. Then click on Share Data. Click on Shares in the top menu of
Using the Trading Central research available on the iTrade website we look at Truworths. The short term trend is up and as explained in the comment MACD is positive and it is trading above its 20 and 50 day moving averages. The first take profit level is R102.85 and the stop-loss level is R90.26. The
How can Minister Gordhan get a B and still fail? Because the pass rate this time for the Budget 2016 was an A. As a result of many years of failure, peaking on 9/12 with the sacking of Finance Minister Nene (our own 9/11 disaster), we stand at the brink of a ratings downgrade to
Sanlam iTrade Online is a leader in social media engagement on Twitter and Facebook, but why is that important for traders and investors? Social media has taken the world by storm over the past decade. If Facebook was a country, it would have the biggest population in the world, surpassing China and India. In addition,
On 8 July this year I wrote a blog called “Trying to make sense of this market routing”. The JSE just experienced a big fall and everybody was worried. I explained that if you see different scenarios developing in the equity market and Bond market, trust the Bond market. The Bond market is much more
Were you following the iTrade Fantasy League this year? This time around, the JSE kept us on our toes. The volatility of the 2015 market had us dancing around, investing in shares and selling when stop-losses triggered. That worked well for us, especially in Resource shares where we avoided big losses by getting out early.