The Bigger Fool
On 18th December last year we wrote an article about the acceleration of the S&P500 index called “The 3rd Acceleration”. In that article, we drew attention to the remarkable acceleration of the S&P500 index since the beginning of 2017 and especially since September 2017. We identified three trendlines, each one steeper than
The Rand and Ramaphosa
In our previous article on Steinhof and EOH, we discussed the fact that private investors seldom have enough information to make investment decisions when events move quickly in the share market – as they did with Steinhof and EOH. We suggested that the answer to this dilemma was to watch the charts because those people who do have inside information
Why Technical Analysis is Vital
Investors (even institutional fund managers) usually do not have access to sufficient fundamental information to make well-informed decisions, especially when events move quickly in the stock market. For example, when a solid heavy-weight institutional share, like Steinhof or EOH, suddenly off-loads a significant percentage of its market capitalisation. In both these cases, disturbing news emerged that their financials might
2018 Will Be Better
The year just past was full of uncertainties – an extremely difficult year for private investors to assess. In the background was the general recovery of the world economy and its impact on our commodity prices. In the foreground was the looming ANC Elective Conference and the nail-biting uncertainties of South African politics. The ANC conference is behind us now and South Africans generally are celebrating the unexpected