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S&P500 over 2600

The progress of the S&P500 index has been remarkable. On Friday, during the short Thanksgiving Day trading session it closed above 2600 for the first time ever. Investors have been buoyed up by the strong gains in corporate profits over the past few quarters and anticipate further good results in 2018. Consider the chart: This […]

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USD/ZAR Forex Technical Analysis

Daily Analysis – USDZAR

With the news of Zuma’s Free Education Plan and the effect it will have on the economy, South Africa takes another deep breath and waits for the outcome. Let’s face it South Africa has no shortage of fundamental events: Gigaba’s Medium Term Budget Policy Statement, WMC, State Capture, Junk Status, the list goes on and […]

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Vodacom Technical Analysis

Daily Analysis – Vodacom

Over the past couple months, Vodacom has seen its share of fundamental issues causing its share price to drop over 19% between the 5th September 2017 and the 4th October 2017. The first event happened on the 5th September when it was announced that Vodafone, Vodacom’s parent company, was to be selling a chunk of […]

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