People often think that trading is a quick route to making millions. It’s not. Furthermore, trading is not a reason to leave a job you hate. Njabulo Nsibande has five solid reasons why keeping your day job (even if you hate it) will make your trading more profitable.
Video: What I wish I knew as a new trader
Petri Redelinghuys is the founder of Herenya Capital Advisors and has been trading derivatives for over a decade and this presentation goes back to the beginning. Petri focuses on what he wishes he knew when he started trading with the aim of helping other new traders avoid the same mistakes he made. With his decade of ...
Podcast: Should I sell the bounce?
Simon Shares Bitcoin* hits US$48,000 as Tesla declares they put US$1.5billion into the crypto. Platinum finally on the move and above US$1,200 for the first time since 2015. Platinum weekly chart Sibanye Stillwater* (JSE code: SSW) best illustrates the boom in mining profits. In 2019 they made R62million now 2020 they expect almost R30billion and ...
Podcast: 2020 finished an klaar
Simon Shares Trellidor* (JSE code: TRL), I've been buying. We've seen DIY stocks doing well and small SA Inc shares surprise to the upside and I think this could be one of them. Interim is end December so an update should arrive around mid-February. Sygnia (JSE code: SYG) results were really good. This stock was ...
Podcast: A booming November
Simon Shares Really strong November for stocks. France and Italy had their best months ever, S&P500 +11% and JSE +10%. The Pfizer / BioNTech vaccine has been approved for use in the UK starting next week. Limited supplies so front line workers and old people first. But this is good news and suggests that the ...
Why I liquidated my portfolio
There’s an old saying, “When we don’t know any better, we do our best. When we know better, we do better”.
Podcast: Missing the bus
Simon Shares Day 181 of lockdown. The Tongaat (JSE code: TON) deal to sell their starch unit to Barloworld for R5.35billion is happening and the Tongaat share price loved the news. We're seeing a strong bounce locally while the US markets are also having a better run, risk back on (for now). But what was ...
Podcast: Buy the rumour, sell the fact
Simon Shares Day 146 of lockdown and Covid-19, new cases definitely on the decline and hence we're now in level 2. S&P500 closed Tuesday at all-time highs. Sasol (JSE code: SOL) after liking the update the market does not like the results. Truworths (JSE code: TRU) has now written down GBP231million of the GBP256million they ...
Podcast: When bad news is good news
“This week’s episode of JSE Direct is courtesy of IG, our preferred supplier in trading products.” Simon Shares Day 139 of lockdown and Covid-19, new cases definitely on the decline. Clicks (JSE code: CLS) trading update again shows that this company is a machine. Revenue +10% for the 49 weeks to 9 August 2020. Residential ...
Podcast: Script lending
Simon Shares Day 126 of lockdown and Covid-19, cases may be moderating? Sasol (JSE code: SOL) sells some assets for R8.5billion and the stock is up over 12%. The sale is SA gas operations at Secunda. A sale and leaseback as Sasol only customer. But gets Sasol cash to pay down debt so good news ...