If like me your financial experience percentage is a hopeful five, hearing the word tax might be enough to make you grab the alcohol at noon already. Being the rookie I am, I thought it would be beneficial to write an article for the amateur to make tax less daunting instead of an alcohol driven […]
Target for JSE Overall
In early December 2016, we published an article with the heading “Upside Target” in which we explained the horizontal count method in point and figure (P&F) charting and then applied it to the S&P500 index – which had just broken upwards out of a two-year sideways market. In this article, we intend to apply the […]
Daily Analysis – Bitcoin Fundamentals
Today I embarked on a task to find some sort of correlation between Bitcoin and other financial assets. Before doing this we had to define which asset class Bitcoin belongs too. Bitcoin can be classified as a store of value asset. Store of value assets do not generate income, you cannot consume it and yet […]
Daily Analysis – Cashbuild
Cashbuild (JSE:CSB) was picked up today by my donchain channel breakout screener. The Donchian Channel measures the highs and lows for the last 20 periods. Wednesday’s candle broke out above the upper level of the donchian channel, represented by the blue channel on the chart. The candle also broke out above the upper level of […]
Daily Analysis – High Grade Copper
High Grade Copper was picked up by two of my custom screeners today. The Donchian Channel breakout screener and the MA crossing screener. The Donchian channel strategy looks for securities that have broken out above or below the high or the low for the last 20 periods. This is a very popular trading stratgey made […]
The Disconnect
An interesting disconnect is going on in South Africa. On the one hand, you have economists who are almost universally negative, reducing their estimates of GPD growth and pointing to falling consumer confidence and lower production. On the other hand, you have rising share prices, which imply higher company profits in the future, and that […]
Small business entrepreneur(ess) making it big
Many long-time small business owners would agree with the line from the 1970s song by the band Faces: “I wish that I knew what I know now.” Over years of running a small business, owners inevitably gather many lessons about how to grow and run a business more effectively. Thankfully, many of these owners are […]
The Rand
The currency of a country is like the shares of a listed company. If the company is expected to do well and make profits, then its shares will go up – and vice versa. The same applies to a currency. If the country is perceived as being well-managed and doing well, then its currency will […]
Daily Analysis – SA Top 40 Cash
The stocks in the screenshot below were picked up by my custom Bollinger Reversal screener. The screener looks for stocks that have broken out above or below the upper or lower Bollinger bands. It then checks to see if the current candle is a high probability reversal candle such as a harami or engulfing candle, […]
The JSE’s Island Formation
With all the turbulence on the South African political scene it has been difficult to discern the direction of the JSE over the past year. The JSE Overall index has moved sideways while the markets of the world, and especially Wall Street have been making new highs. Consider the chart: The optimism of March, April […]