JesseMorgans

JesseMorgans

Everything about this chart is telling me that the stock needs to retrace and perhaps consolidate at lower levels before its next leg upwards. At face value the company appears to be heavily overbought. I would usually take significant profits at this point, however, the price of platinum looks really bullish. Its a case of reconciling whats been priced into vs...

JesseMorgans

The signals on platinum are suggesting that it's close to its bottom and should start its next let upwards within the next week or so. Some of the platinum miners look like they are in need of a retracement and consolidation phase after some large gains over the past year. A company like Anglo American Plat Ltd looks like its over bought, however, if the...

JesseMorgans

The signals are have aligned to suggest a bottom. Looks like a buy to me. Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.

JesseMorgans

Following the chart on the one day, i thought it would be interesting to post the weekly chart. Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.

JesseMorgans

The Dollar index is something I've been grappling with for a while now. I bought into the narrative of a weaker dollar index particularly in light of the mass printing of money by the FED. Surely inflation must be a consequence of the monetary policies that we are seeing...? It just makes so much sense that we see a cheaper Dollar. But the macro people disagree...

JesseMorgans

I'm cautious about the FAANGM stocks based on such high valuations which makes them more susceptible to a meaningful correction in the event that the sentiment shifts towards more cyclical stocks. However, Netflix looks really attractive for a long-term buy and hold. Year on year the company has grown its revenue since 2006 (as far as the data goes on...

JesseMorgans

The poster child of the South African stock market over the last several years has undoubtedly been Naspers, with its largest holding in Tencent. I’ve tried to come to grips with the company and its individual parts which will take a bit more time, however, several things become apparent in the information at hand. Naspers has been able to grow its revenue at a...

JesseMorgans

Taiwan Semiconductor Manufacturing Company is a stock that i would want in my portfolio for the next 5 years. The semiconductor industry looks like a really exciting growth theme with TSMC as one of the leaders in the industry. The stock has done really well over the last year, so the question becomes, the entry point at which one can buy and hold for the next 5...

JesseMorgans

Is it just me or does the Rand look a bit strong against the dollar? Raising US yields has put some pressure on EM currencies. The rand being one of the most liquid of the lot. Perhaps its time for a correction to R14.90 - R15 over the next 2-3 weeks? Lets see :) Please note, this idea is shared for educational and discussion purposes only and should not...

JesseMorgans

I'm not sure what to make of ETH at the moment. It feels like it should tend upwards from here and at the very least, it should hold the $1300 mark. Unfortunately there isn't any hard direction signals at this point other than the DeMarker which suggests upward momentum. I follow its trading signals but frankly i just buy and hold. The asset is far to volatile...

JesseMorgans

On the 3rd of March i posted an idea that the SPX was in need of a correction. Granted, i thought the correction would have been more significant. My guesstimate targets were between 3700 and 3550. As of the 4th of March the index fell to a low of 3723 and closed at around 3768. The DeMarker signal suggests that the correction may have found a bottom based on the...

JesseMorgans

Following from my previous post on the 3rd of march, the VIX went from 23.83 to a high of 31.90 and closed at around 28.57 as of the 4th of March. Perhaps a lucky call on my part. The signals may now suggest that the VIX has topped out on the 4hr chart and may go into a cooling off period. Please note, this idea is shared for educational and discussion...

JesseMorgans

The stock has been hit by various issues including regulatory concerns in the US adding uncertainty to the earnings growth in the sector. The stock is down almost 60% from its all time high. Sounds like a fair de-rating in the stock. Lets consider it further... The free cash flow is at 30% with a dividend yield of around 8% as shown below the chart. The debt to...

JesseMorgans

The VIX is looking a bit too timid over there. Looks like the VIX should go up whilst the SPX should come down. This is a short term view. Whilst we are at it, perhaps this helps gold to bounce from its current levels... Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any...

JesseMorgans

Looks like a head and shoulders pattern forming. Could this be similar to what we saw in 2017? If the Fed continues to print money whilst keeping interest rates low, it would stand to reason that the dollar could loose value against the index. Being a counter cyclical currency, as global GDP normalizes and infection rates start to stabilize at lower levels, the...

JesseMorgans

Gold looks attractive from here. A weaker US Dollar Index along with an expanding US FED balance sheet should give fundamental support to the price of gold. The recent spike in 10 year bond yields has led to the sell off in the gold price. Can bond yields continue to rise or will the US FED start to control the yield curve? Please note, this idea is shared...

JesseMorgans

S&P 500 looks like its in need of a healthy pull back. The more people talk of a bubble the more i wonder how far the pull back will be. Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.

JesseMorgans

XRP appears to be trading in a wedge pattern. We will know whether its on the up or the down before the end of the month. Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not...