A week ago on the 22nd of August, we suggested in an article that the S&P would break up to a new record high above 2872. It has done that emphatically – rising to another record and breaking above the 2900 level last night to close at 2914.
We also suggested in that same article that this would cause our blue chip shares to follow suit and we particularly mentioned Capitec, Dischem and the Resilient group, all of which have been excessively depressed by recent adverse reporting. All of those shares have followed Wall Street up strongly and look to go higher. Read More