Simon Shares Save R500k with a deposit. ETF closing prices are an absolute mess. Cashbuild (JSE code: CSB) results see them coming back to earth after a pandemic boost. Education stocks all published results. ADvTECH* (JSE code: ADH) is my pick, but all showing student growth and cash generation. Shoprite* (JSE code: SHP) gets permission…
Ten books for traders and investors
Simon Shares Trading Trading in the Zone – Mark Douglas (detailed review) Trend Following – Michael Covel (detailed review) Reminiscences of a Stock Operator – Edwin Lefevre Market Wizards – Jack Schwager The Complete Turtle Trader: How 23 Novice Investors Became Overnight Millionaires – Michael Covel Investing The Little Book of Common Sense Investing –…
Has inflation peaked? What of interest rates?
…recession will dampen demand and help inflation lower. Transport costs are down. BUT, what of interest rates? The problem is getting back to target. Locally 3%-6% US 2% Rate increases still coming, likely into the new year before pausing. Then the long wait for inflation to get to target (or near) before rates start coming…
“The worst is still to come”
IMF statement as they downgrade global growth for 2022 and 2023 (fourth time this year they’ve downgraded). “2023 will feel like a recession” and “the worst is still to come.”. They said the same in December 2008 and markets bottomed three months later. Markets are forward-looking. Simon Shares Offer by Sanlam (JSE code: SLM) to…
Can cryptocurrency be part of a responsible long-term portfolio?
…the fastest-growing technology in human history. It’s growing faster than the internet and that in itself is impressive. For example, the cryptocurrency user base is growing at over 100% a year, while the internet only grew around 67% per year during the late 1990s and early 2000s, (see diagram below). *Source: revix.com First things first:…
Is it over for construction stocks?
…stock down 9.3%. Is the issue valuation? Forward PE is ±29c vs. Shoprite* (JSE code: SHP) is on ±21x. Combined Motor Holdings* (JSE code: CMH) great results driven by car rentals surging. But it going to be tough going from here. UK inflation returns to 40-year high of 10.1%. Subscribe to our feed here Sign up…
After results, any FAANGs worth buying?
…podcast. JSE Direct started life on ClassicFM in July 2008 and became a podcast in 2011. Every week Simon chats to industry experts, answers listener question (contact him here to send your Q’s) and gives his views on the state of markets and individual shares. Reach Simon by email at simon@justonelap.com, or Twitter @SimonPB Just…
When to sell a winning share?
…which you sell. Third, is the news still all good? Bad news means to sell. Simon Shares US inflation due Thursday, expected is 7.9%. Binance buys FTX Time for gold? Murray & Roberts (JSE code: MUR) sell Clough for very little but get rid of a lot of inter-company debt. Leisure stocks looking good, especially…
Understanding and trading the SA40 index
Simon Brown In this video with Markets.com Just One Lap founder, Simon Brown, covers the SA40 index. What is it? What stocks are included? What drives the price? Why’s it his favourite to trade? And his simple EMA index trading strategy. Just One Lap user survey highlights 27 September 2024 China to the Rescue and…
Keep your crypto coins safe
…ClassicFM in July 2008 and became a podcast in 2011. Every week Simon chats to industry experts, answers listener question (contact him here to send your Q’s) and gives his views on the state of markets and individual shares. Reach Simon by email at simon@justonelap.com, or Twitter @SimonPB Just One Lap user survey highlights 27…