During my three years working for a stockbroking firm I learnt the difference between being an investor and being a speculator. Responsible for setting up the retail trading desk I saw firsthand the mistakes many private clients made when it came to trading. Keep in...
We are entering 2018 on a very positive note on world markets. Tax cuts in the US will most probably fuel equity markets higher. However the years ending with an 8 did not augur well for markets in the last few decades. The number 8 has...
Like MACD, discussed in the previous Blog in the series on Technical Analysis, Stochastics is a frequently used oscillator. The formula looks complicated, but using it to trade is far simpler. For the serious technical analyst: The Stochastic Oscillator compares where a security’s price closed relative to...
Technical analysis patterns can be divided into two types, reversal and continuation patterns. Reversal patterns indicate that the primary trend is likely to change direction, from an up-trend to a down-trend or vice versa. Continuation patterns indicate a trend is likely to continue, but the...
For the first time since 24 April 2015 the JSE All Share Index made a new high last week. This is a welcome break from the sideways movement we experienced for more than two years. Sideways sounds boring, but we experienced huge volatility in the...
Is a share trading at R100 more expensive than one trading at R10? Is a company trading at R100 a much larger company than one trading at R10? Let's bust these two misconceptions and explain the correct way to value shares and determine size. Price ≠...
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,...
The Sanlam Private Wealth Morning Digest is filled with data, information and commentaries, available every day from Sanlam iTrade Online. You can have the Morning Digest emailed to you every morning. Just register as a trading client or an iView client and select the option...
The World Gold Council just released demand and supply statistics for 2014. There are no surprises on the supply side with total mine production up 2% to 3,114 tonnes. Total Gold supply, including recycled Gold, was flat for the year at 4,278 tonnes. On the demand...
On 29 July I wrote a Blog "JSE All Share up 37% in 13 months". I ended with these words: "At some stage the JSE will correct, but with so many investors waiting for just such an event, the correction is likely to be small....