The trend in Sygnia 4th Industrial Revolution (JSE:SYG4IR) may have changed as it appears to enter the early part of a Stan Weinstein Stage 2 uptrend. This is the second close above the 30w ema, the RSI is showing positive momentum and has regained the 50 mark. The relative strength vs the JSE Top 40 Index (JSE:J200) is trying to turn positive. Although the PPO...
Year to date relative comparison of the ARK funds shows that the ARK Next Generation Internet ETF (ARKW) is outperfing the rest of the pack.
The ARK Next Generation Internet (ARKW) has been devastated in the latest bear market but now appears to have entered a Stage 2 uptrend. ARKW is making a higher high and a higher low on the weekly chart. The PPO has just crossed its signal line and the RSI is showing positive momentum. The relative strength is also starting to outperform the S&P500. Volume however...
Comparison of SA Top 40 (using the Satrix 40) vs the SWIX Index ETF's clearly shows that over a 5yr period an investor would have better off sticking with the Top40.
Sygnia have launched their Sygnia Itrix FANG.AI Actively managed ETF (JSE:SYFANG). This chart reflects a custom index of the stocks held (as per the Sygnia marketing document at launch). As the SYFANG ETF chart has no history this custom index could help in providing a technical view. Please note that these are US stocks and therefore do not take into account the...
SA Top 40 now negative YTD. Nasdaq100 and S&P500 outperforming by a significant margin but US markets under pressure lately.
Sasol seems to have lost it's correlation with oil in recent months
5yr Relative performance of SA40 vs Emerging, World and US Markets
Relative performance of SA40 vs Emerging, World and US markets
Affect of Putin's invasion of Ukraine evident in the VanEck Russia ETF. Russian stock market remains closed.
Semiconductors continue to show relative strength versus the SP500
Growth has some work to do to regain superiority over value
iShares All World Index ( ACWI ) vs Nasdaq 100 ( QQQ ) vs S&P500 ( SPY ) vs Emerging Markets (EEM) vs South Africa ( EZA ) highlights how very poorly South Africa has compared to the world, emerging markets and the USA.
US Market Growth (IWF) continues to out perform Value (IWD)
The relative performance of SA40 vs Satrix Nasdaq 100, Sygnia 4th Industrial Revolution, Sygnia S&P 500 and Sygnia MSCI World.