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SHARE TRADING SOFTWARE AND EDUCATION

Our software products are extremely user-friendly, perfect for both the beginner in the market, as well as the professional investor

Affordable, Efficient and Reliable Share Market Technical Analysis Software Everything you need to successfully invest on the stock market

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Technical Analysis Software

Accurate JSE data including indices, equities, futures and agricultural futures, warrants, international market indices, unit trusts, currencies, commodities and cryptocurrencies. Multiple technical indicators, fundamentals, market scans, portfolio manager and more.

Investment Education

Comprising 32 comprehensive lecture modules, our online investment course takes you through the basics of stock market investment and on to the advanced technical indicators in your software which generate buy and sell signals.

Investment Club Software

Manages your investment club from one centralised online location where a daily unit price based on the value of your portfolio is calculated. Allows for the recording and management of your club portfolio as well as a watchlist of shares and discussion forum.

About Progress Data Services

PDSNET (Progress Data Services) specialises in the development and sale of local as well as internationally acclaimed share trading investment software and education.

Over the last 35 years, we have become the largest local provider of stock market data, providing data of all equities quoted on the JSE (Johannesburg Stock Exchange), Futures, Unit Trusts, Currencies and Commodities as well as many of the major International Indices.

Our mission is to provide accurate and reliable JSE data to all our customers. As well as this, we aim to sell only the best technical analysis products on the market, and pride ourselves in supplying value for money.

FOUR IMPORTANT CRITERIA WHEN CHOOSING TECHNICAL ANALYSIS SOFTWARE

A competent investor will tell you there are four basic criteria when choosing technical analysis software. We are proud to say that our software easily satisfies these, is sold ethically and is good value for money.

AROUND FOR YEARS

A long track record ensures reliability in terms of both data supply and support.

The ShareFriend software was the first of it's kind in South Africa. Since it's launch in the 90's it has been developed and maintained by expert software developers who are in touch with the latest in market needs and technical analysis charting features.

LARGE USER BASE

A large user base ensures there is available support and constant development.

As well as this, our software is regularly updated with new features and abilities, helping you to recognise opportunities in the market and invest your money soundly.

FLEXIBILITY

Flexibility allows you to enter your own analysis parameters giving you the options you need to do thorough analysis.

The ShareFriend software has many different indicators and mechanisms that you can use to narrow down which sectors are performing well, and which shares are worth buying.

SCANNING ABILITY

A good scanning feature enables you to recognise opportunities in the market and act swiftly.

The ShareFriend software offers multiple scanning abilities which allow you to analyse different sectors of the market thoroughly and identify opportunities which are worth investigating further.

"Whenever I have a problem I can phone PDSnet for help. They go out of their way to assist me, be it on Teamviewer or sending someone to my office. I firmly believe that one of the reasons for their success is that they provide full support and a download service in MetaStock format plus providing the client with knowledgeable trained technical support staff. Their software program, ShareFriend Pro, is also commendable and must rank as one of the most user-friendly and easiest to use charting software available on the local market."

Christo AuretHead Finance WITS University

"Throughout my years as a financial journalist, writing on stock market investment for The Citizen, The Star, The Business Day and The Financial Mail, I have mostly relied upon ShareFriend Executive and ShareFriend Pro to identify the shares most likely to gain, or those in danger of losing ground. I am able to pick which sectors should be highlighted, those that should be left alone; when gold or oil are likely to change direction. The data necessary to compile my charts is provided by PDS Data Centre. Having now retired from journalism but still running several portfolios of shares, a daily download is all I need, but could choose more frequent downloads if I wished. With the holdings in my various portfolios automatically updated, taking split-second action at exactly the right time is child’s play."

Jean Temkin's books

Jean TemkinFinancial Journalist and Author

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PDSNET offers you everything you need to analyse the Stock Market!

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Wall Street and the Rand

20 May 2024 By PDSNET

As South Africa edges closer to election day, the ANC has been desperately doing everything in its power to pass populist measures to bolster its waning support, especially with the country’s lower income groups. This includes the signing of the highly controversial National Health Insurance (NHI) bill into law by President Ramaphosa.

There has also been a sudden improvement in Eskom’s performance which is being touted by the ruling party as evidence of their effectiveness and ability to govern. The reality, however, is that the sharp increase in Eskom’s energy availability factor (EAF) is more a result of the massive investment in renewable energy by the private sector over the last year.

At the same time the rand has been strengthening steadily against first world currencies, which implies a significant inflow of investment capital from overseas investors. Consider the chart:

**South African rand/US dollar: December 2022 - 17th of May 2024. Chart by ShareFriend Pro.**

You can see here the triangle formation in the rand/US dollar exchange rate which has been developing since its cyclical strong point at beginning of 2023. We pointed this formation out in our Confidential Report published on the 6^th of March 2024 and suggested that whichever way the rand broke out of the triangle would signal its future direction.

Now you can see that the rand, having broken strongly through the lower trendline, is appreciating rapidly. You may be tempted to think that this is because of the ANC’s pre-election activities. The reality, however, is that the stronger rand is almost certainly as a result of the major shift in international sentiment towards emerging markets following a series of new all-time record highs on Wall Street. Consider the chart of the S&P500 index:

**S&P500 Index: 13th of December 2023 - 17th of June 2023. Chart by ShareFriend Pro.**

The chart shows how the S&P broke strongly above resistance at its previous all-time record high on the 19^th of January 2024. It reached a cycle high at 5254 on the 28^th of March and then began a long-overdue correction. The correction took it down to a cycle low of 4967 made on the 19^th of April 2024.

Our expectation was that the correction would take the index back to the resistance at the previous all-time record high of 4796, and we see the actual higher cycle low as a clear indication of the excessive bullishness which currently exists on Wall Street.

The correction was completed in just 6 weeks when the index broke to a new all-time record high on the 15^thof May 2024. Notably, that upside break was accompanied with a break-away gap – a further sign of high levels of underlying bullishness in the market.

We have previously drawn attention to the fact that bullish sentiment in international markets results in a shift from “risk-off” to “risk-on” and that has had a notable impact on emerging market currencies – particularly on the rand. Our point is that the strengthening rand is almost certainly not a result of anything positive done by the ANC in the run-up to the local election. It is mostly a result of a coincidental strong shift in international investor sentiment.

Right now, the situation on the ground in South Africa is at best a mixed bag for international investors. On the one hand, loadshedding has stopped and that is having a positive impact on the economy. On the other, the election may well result in a period of relative political instability as the various parties jostle for power in a new coalition government.

DISCLAIMER

All information and data contained within the PDSnet Articles is for informational purposes only. PDSnet makes no representations as to the accuracy, completeness, suitability, or validity, of any information, and shall not be liable for any errors, omissions, or any losses, injuries, or damages arising from its display or use. Information in the PDSnet Articles are based on the author’s opinion and experience and should not be considered professional financial investment advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Thoughts and opinions will also change from time to time as more information is accumulated. PDSnet reserves the right to delete any comment or opinion for any reason.

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