This week’s resources seem like they will be shining armor on the market. Platinum, Oil, Gold all looking bullish at the moment. We are still in a healthy bull market. Top40 looking well poised to make new highs. Market calendar Let’s get into this week’s stocks in play Resources Platinum Resources prices have been rising …
Gold broke out of the symmetrical triangle pattern around the 50 week EMA. If the breakout holds. It will be positive for our gold miners. With Rand looking technically weak. It should att more wind at the back My Shopping list for 14 February 2022 Here’s this weeks stocks in play Absa Absa continued to …
PGMs starting look like the lows are behind us. Iron Ore breaking out a head and shoulders pattern. Oil joining in on the party. Resources stocks are the ones to watch over the next few weeks. Banks and Financials Absa Banks continued to look positive. Absa saw a bit of a bull back. I’m expecting …
The week started with a strong sell off, following the US markets taking a dive. The S&P closed below the 200 day EMA for the first time since 2020. Our market followed suit. But then we had a sharp almost immediate recovery. S&P coming back above the 200 day EMA The MPC announced another 25bps …
Finance The banks we sold off as a collective the past couple of weeks, after having a strong rally. Most are now building reversal patterns. Expecting a turn in the market on our Banks Resources Resources stocks look very bullish at the moment. Oil run certainly helping Sasol break through R300. So far one stock …
The stop 40 had a strong run at the end of year. Continuing that move into 2022. There are plenty of opportunities for building. Resources stocks look like they are turning. Banks having a strong start to the year African Rainbow capital The stock came back above the 200 day EMA for the first time …
Happy new year. I wish all the best for the year. I hope you achieve all your goals for the year. The market had a fairly good start to the year particularly the banks and resources stocks. Opportunities seem to be plentiful is a start the year With that being said. Here is this week’s …
A quick note before we get into this week’s stocks in play. This will be the last one for the year. As I will be taking a break from the markets. It will be back in the second week of January. 2021 has been a great trading year for me. Filled with great lessons, fun …
The JSE woke up and made news highs this past week. There was a fair bit of volatility in the market. There will be plenty of opportunities that will come in the near future. As we approach the Christmas rally. With the volatility in the market I could only pick but few picks for this …
The market came back alive. We saw a few stocks making big moves this past week. Market looks like the buying will continue into the coming week. The top40 index doesn’t seem to budge. Being dragged by the big miners & Naspers. Opportunities are sitting outside of the top 40 at the moment or at …