WorldWide Markets - Page 25 of 49

Podcast: Market disconnect?

Simon Brown 30 April 2020Latest, WorldWide Markets

Upcoming events; 6 May ~ The economic data so far, what’s it telling us? 13 May ~ Know your derivatives: CFDs, indices and FX 20 May ~ Trading 101: Getting started in trading 21 May ~ Solvency and liquidity in the time of COVID-19 28 May – Garth McKenzie Simon Shares Moneyweb NOW, starting Monday. Live stream at 6.30am ...

Podcast: Going BIG

Simon Brown 23 April 2020Latest, WorldWide Markets

Simon Shares Day 28 of lockdown. Oil, negative pricing? I thought I'd seen it all when interest rates went negative, but no ~ oil says "hold my beer". I Tweeted about it. Short version, don't now suddenly decide you are an oil trader. Overnight WTI Oil (West Texas Intermediate) traded at a negative $40. Yip ...

Podcast: Junk, expected and nasty

Simon Brown 2 April 2020Latest, WorldWide Markets

Simon Shares New weekly podcast in the RSS feed every Monday late morning. BUT only in the RSS feed, not on the website. So subscribe to the feed, it is here. Upcoming events; 09 April ~ JSE Power Hour: Trader’s game plan Lockdown, day six as I record (seven as you listen). COVID-19 numbers globally continue ...

Podcast: Hard, but necessary

Simon Brown 26 March 2020Latest, WorldWide Markets

Upcoming events; 09 April ~ JSE Power Hour: Trader’s game plan New weekly podcast in the RSS feed every Monday late morning. BUT only in the RSS feed, not on the website. So subscribe to the feed, it is here. Download the audio file here Subscribe to our feed here Sign up for email alerts as a new ...

Podcast: Everything collapsing, even gold

Simon Brown 19 March 2020Latest, WorldWide Markets

Simon Shares Sasol (JSE code: SOL) is now talking a rights issue of some US$2billion, more than the current market cap. They hope to be able to avoid this by selling assets, finding a partner for Lake Charles and cutting costs. But the first two will be near impossible in the current climate, so expect ...

Podcast: Sasol crushed

Simon Brown 12 March 2020Latest, WorldWide Markets

Simon Shares The Sasol (JSE code: SOL) share price has collapsed this week for three key reasons. Saudi Arabia has declared oil price war on Russia and sent Brent down to the low $30's as they try and get Russia to agree to production cuts. Sasol has not hedge the oil price. They usually hedge ...

Podcast: Another recession

Simon Brown 5 March 2020Latest, WorldWide Markets

Simon Shares Recession, surely nobody surprised? Growth lower for longer. The budget is certainly designed to help, but the R160billion cut from pubic sector wage bill is not going to be easy. Likely we'll also now get at least 2 rate cuts this year, each 0.25% minimum. Last week of February was the worst week ...

Podcast: Budget 2020 review, a great surprise

Simon Brown 27 February 2020Latest, WorldWide Markets

I chaired a panel discussion on the 2020 budget by Minister Mboweni and have included the audio from that panel. One biggie, which is not mentioned by th panel, is that the annual tax-free allocation has been increased to R36k a year effective 2 March 2020. On the panel with me was; Elizabeth Fick ~ ...

Podcast: Does COVID-19 just delay spending?

Simon Brown 20 February 2020Latest, WorldWide Markets

Simon Shares I bought Sibanye Stillwater* (new JSE code: SSW) last week, average price 3950c. You want to own single commodity miners when price has already boomed and underlying commodities are flying. We have both here and if prices hold they'll print money for the rest of this financial year ending June. I'll add on ...

Podcast: Don’t shoot the messenger

Simon Brown 13 February 2020Latest, WorldWide Markets

Simon Shares Ecsponent (JSE code: ECS) have announced they will default on their March preference share dividends. This is a mess and preference shareholders are in a real bind. If you hold any, contact your lawyer. AngloGold Ashanti (JSE code: ANG) confirms the sale of their Mponeng to Harmony (JSE code: HAR) for US$300million meaning ...