The badly researched report on Capitec by Viceroy has left the share trading at a significant discount. Following its immensely successful criticism of Steinhof, Viceroy’s report on Capitec was underwhelming, to say the least. Capitec’s CEO and many analysts have come out in strong support of the share – saying there is nothing wrong with […]
The Wall Street Correction
The correction which is taking place on Wall Street has now reached 10% – and it may go further. The JSE Overall index is down and will fall further to bring it into line with Wall Street. Other world markets are following suit. For the private investor, the key consideration is whether this is the […]
ALSI – Global stocks sell-of continues
Global stocks have taken a beating and the global stock sell-off does not seem to be stopping. Some analysts are talking about a 20% correction. In this video I analyse the ALSI and what has transpired over the last 2 weeks.
Viceroy and Capitec
The second Viceroy report on Capitec Bank may be a miscalculation. It is difficult to tell. On the face of it, there is nothing wrong with Capitec. It is extremely well-managed, strongly capitalised and has its parent company, PSG, and the South African Reserve Bank to support it. But can you be certain? The extraordinary […]
The Bigger Fool
On 18th December last year, we wrote an article about the acceleration of the S&P500 index called “The 3rd Acceleration”. In that article, we drew attention to the remarkable acceleration of the S&P500 index since the beginning of 2017 and especially since September 2017. We identified three trendlines, each one steeper than the previous one. […]
Effective debt management – borrow for the right reasons
When it comes to debt, ideally you will not need to take on any debt at all. However, this may be unrealistic, as borrowing money may be the only way you can buy a house, or a car, or study at university. If you are going to borrow money, then it is important to borrow […]
Cryptocurrency and the battle with the Banks
In light of the Indian Banks suspending various accounts of the lead traders in Bitcoin, we have to wonder where this going, who and what is next? India’s cryptocurrency market has been unregulated until the banks noticed an increasing number of substantial payments that they deemed suspicious. Tax authorities in India have sent notices to […]
The Rand and Ramaphosa
In our previous article on Steinhof and EOH, we discussed the fact that private investors seldom have enough information to make investment decisions when events move quickly in the share market – as they did with Steinhof and EOH. We suggested that the answer to this dilemma was to watch the charts because those people […]
Daily Analysis – ALSI
2018 has been a good year for equity markets so far. Just like other major indices, the ALSI has shown good growth after a month-long losing streak in 2017 between mid-November and Mid December. Now I am not going to go into whether we are heading for some sort of crash or if the global […]
Why Technical Analysis is Vital
Investors (even institutional fund managers) usually do not have access to sufficient fundamental information to make well-informed decisions, especially when events move quickly in the stock market. For example, when a solid heavy-weight institutional share, like Steinhof or EOH, suddenly off-loads a significant percentage of its market capitalisation. In both these cases, disturbing news emerged […]