Author Topic: Today's Outlook  (Read 843359 times)

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #435 on: November 29, 2013, 10:42:28 am »
SAT40 up 516 points yesterday with Angloplat +4.7% and AGL +3.41%.

New high Brait, Richemont.

I see GLN 5166, so I guess it had a good run yesterday?  Don't think there is a good reason for them being down since listing, was just bad timing i.e. sector being down, a good solid company imo.

3 Good's in one sentence, its all good then. :)

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #436 on: December 02, 2013, 08:57:11 am »
US ended mixed Friday after early 13:00 close (Day after Thanksgiving), Dow -0.07%, S&P -0.08%, Nasdaq +0.37%. 

4 Asian markets green this morning, 2 red (Nikkei -0.04%, Shanghai -0.88%), Crude 109$ Gold 1246$, T40 -188 points.

New highs Friday for GND, NPK.

03:45 Chinese Manufacturing PMI Exp 50.5 Actual 50.8
10:53 German Manufacturing PMI
11:00 SA Manufacturing PMI
15:30 Bernanke
17:00 US Manufacturing PMI

Last R100 000 in investors acc.

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Today's Outlook
« Reply #437 on: December 02, 2013, 03:28:37 pm »
Futures

E-Mini S&P 500 Dec 13 (ESZ13.CME)
 -CME Follow

 1,804.75 0.75(0.04%) 8:16AM EST



Mini Dow Jones Indus.-$5 Dec 13 (YMZ13.CBT)
 -CBOT Follow

 16,074.00 8.00(0.05%) 8:17AM EST
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Today's Outlook
« Reply #438 on: December 02, 2013, 03:32:40 pm »

Last R100 000 in investors acc.


Dear Moneypenny, please indicate what the above relates to?
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #439 on: December 02, 2013, 04:26:24 pm »
Serious? :D

You have R100 000 available in your investor challenge account (it's 2 Dec today, last funds for this year) to buy shares Booboo.

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Today's Outlook
« Reply #440 on: December 02, 2013, 04:49:14 pm »
OK, misread it, thought it relates to your actual investments, yes, allready bought SGL this morning.
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #441 on: December 03, 2013, 08:47:50 am »
Manufacturing PMI yesterday better than expected for China, Germany, SA (strike recovery) & US. 

Yes, you know this by now, better economic data equals stimulus retraction equals fear. US ended -0.48%, -0.36% & -0.27% with gold sliding, currently trading $1222, crude @ 110, SAT40 @ -222, Asia mixed.

US futures @ 8:20am -0.08%, +0.40%, +0.05% and in Europe Ftse -0.27% (@8:20 am.)

New highs for Curro, Naspers & Nampak yesterday. 

No major economic reporting for today.

On a personal note, this is my last day of trading, so posting from my side will be sporadic at best.

I'll catch up with you from time to time, have a lekker holiday, be safe but above all:  have fun! :-*
« Last Edit: December 03, 2013, 08:50:18 am by Moneypenny »

Aragorn

  • Global Moderator
  • Full Member
  • *****
  • Posts: 162
  • Karma: +10/-0
    • View Profile
Re: Today's Outlook
« Reply #442 on: December 04, 2013, 08:51:24 am »
The JSE All Share ended 1.56% lower on Tuesday, with 4.19% losses in gold miners and 2.06% losses in financial shares weighing on the local bourse.
The rand weakened further to trade at R10.31 to the US dollar and R16.88 to the British pound by 5pm.
Gold had edged up 0.17% to sell at $1218.10 an ounce, while Brent crude oil had gained 1.56% to $111.40 a barrel.
Latest -
Dow closed down 0.6%. East Red this morning - Nikkei down 2.0%, HangSeng down 0.5%, All Ords down 0.3%
Brent 114.36, Gold 1222.98, Platinum 1360.00, Silver 19.19
The Rond under the whip - ZAR/USD 10.37, ZAR/EUR 14.11, ZAR/GBP 17.02
Not idly do the leaves of Lorien fall.

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Today's Outlook
« Reply #443 on: December 05, 2013, 07:58:18 am »
Gold 1239, yesterday low 1214, Rand 10.43 to USD, think Gold shares should show some recovery today.
jaDEB

If it scares you, it's a sign you need to do it

Aragorn

  • Global Moderator
  • Full Member
  • *****
  • Posts: 162
  • Karma: +10/-0
    • View Profile
Re: Today's Outlook
« Reply #444 on: December 06, 2013, 08:51:18 am »
South African stocks rose 0.84 percent on Thursday as the rand's fall to its weakest in nearly five years boosted media firm Naspers, furniture maker Steinhoff and other companies with overseas operations.
Adcock Ingram edged up in active trade, finishing at 70.75 rand, just above the offer price of 70 rand from suitor Bidvest.
The benchmark Top-40 index advanced 0.84 percent to 39,587.66.
The broad All-Share index gained 0.71 percent to 44,297.66.
The rand fell to 10.5395 to the dollar, its weakest since March 2009 after it broke through key technical levels.
Naspers rose 3.6 percent to 989.71 rand. A weaker rand lifts earnings when profits from abroad are brought home.
Steinhoff gained 2 percent to 40 rand.
Trade was light, with just 152 million shares changing hands.

South Africa's rand breached 10.5000 against the dollar on Thursday, touching its weakest level in nearly five years as investors dumped riskier assets in anticipation of a slowdown in U.S. central bank asset purchases.
The rand hit a session low of 10.5395 per dollar, the softest it has been since March 2009, before coming back to 10.4350 by 1605 GMT, 0.14 percent off its previous close.
Government debt also weakened, with the yield on South Africa's 2026 bond ticking up one basis point to 8.47 percent. At the shorter end of the curve, the 2015 benchmark closed 3 basis points higher at 6.34 percent.

Latest
Dow -0.4%, FTSE -0.2%, DAX -0.6%, HSeng 0.0%, Nikkei +0.5%, AllOrds -0.7%
EUR 14.34, GBP 17.13, USD 10.50
Gold 1227.03, Platinum 1362.14, Brent 111.29
Not idly do the leaves of Lorien fall.

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: Today's Outlook
« Reply #445 on: December 06, 2013, 04:10:10 pm »
[BRIEFING.COM] S&P futures vs fair value: +5.80. Nasdaq futures vs fair value: +10.80. November nonfarm payrolls came in at 203,000 versus the 188,000 expected by the Briefing.com consensus. Nonfarm private payrolls added 196,000 against the 200,000 expected by the consensus. The unemployment rate ticked down to 7.0% while the consensus called for a downtick to 7.2%.

Hourly earnings increased 0.2% while the consensus expected an increase of 0.2%. The average workweek was reported at 34.5 against the 34.5 expected by the consensus.

October personal income declined 0.1%, below the increase of 0.3% expected by the Briefing.com consensus. Meanwhile, personal spending rose 0.3% while the consensus expected an uptick of 0.3%.

Lastly, core PCE prices ticked up 0.1% (consensus +0.1%).


Orca

  • Hero Member
  • *****
  • Posts: 2280
  • Karma: +54/-3
    • View Profile
Re: Today's Outlook
« Reply #446 on: December 06, 2013, 05:21:00 pm »
US up almost 1% with this news. Some economists said that the markets will dip on good news as the Fed will stop or cut down the stimulus sooner. Seems to me that the markets don't actually care if the stimulus is stopped as thing normalize.
I started here with nothing and still have most of it left.

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: Today's Outlook
« Reply #447 on: December 06, 2013, 06:41:53 pm »
US up almost 1% with this news. Some economists said that the markets will dip on good news as the Fed will stop or cut down the stimulus sooner. Seems to me that the markets don't actually care if the stimulus is stopped as thing normalize.
That baffled me as well - not the typical knee-jerk reaction.

Various pundits have suggested today that the November employment report increases the odds of the Fed making a tapering announcement in December or January.  The early action suggests either the market isn't buying the notion of a December tapering or that it isn't fearful of a December tapering.

To wit, stocks have rallied sharply, Treasury prices have increased as stock prices have increased, gold prices (+$2.60 at $1234.50/oz.) are up modestly, and the US Dollar Index has surrendered its post-report gains and is now flat for the day.  The CBOE Volatility Index (VIX 14.01, -1.07), meanwhile, is getting clipped pretty good



Aragorn

  • Global Moderator
  • Full Member
  • *****
  • Posts: 162
  • Karma: +10/-0
    • View Profile
Re: Today's Outlook
« Reply #448 on: December 09, 2013, 08:53:56 am »
Stocks rose for the third straight day on Friday. The blue-chip JSE Top-40 index ended 0.8 percent higher at 39,905.22 and the broader All-Share index was up 0.7 percent at 44,616.21. Trade was active, with just 172 million shares changing hands according to preliminary bourse data. Advancers outnumbered decliners, 158 to 125, with 65 shares unchanged.

The rand ended the week firmer on Friday, bouncing back from oversold levels that saw the currency fall to a 4-1/2 year low after upbeat U.S. jobs data. By 1612 GMT, the local unit had shaken off those losses and was trading 1.3 percent stronger against the dollar at 10.3250.

Naspers broke through the 1000.00 mark and reached a new high of 1012.99. New highs also for Gridrod and Distell, while Tigerbrands, Goldfields and Harmony hit new lows.

H. Seng  +0.3%, Nikkei  +2.1%, All Ords  -0.3%
Brent 111.85, Gold  1 229.40, Platinum  1 355.73 Silver  19.58
Euro  14.22, GBP  16.96,  USD  10.38   
Not idly do the leaves of Lorien fall.

Aragorn

  • Global Moderator
  • Full Member
  • *****
  • Posts: 162
  • Karma: +10/-0
    • View Profile
Re: Today's Outlook
« Reply #449 on: December 10, 2013, 09:00:54 am »
Stocks eked out a fourth straight session of gains on Monday, lead by retailers such as Spar Group and Woolworths, which analysts say are now presenting value after underperforming the wider market this year. Food retailers especially are seen getting a boost as consumers' restraint eases over the approaching Christmas period, though the national mood has been subdued by the death of Nelson Mandela.

After gaining 45 percent last year, Johannesburg's general retail index is down 10 percent so far in 2013 compared to a 13 percent rise in the All-share index, which remains within striking distance of recently scaled life highs.

Gold shares were under pressure as bullion's spot price was pinned near 5-month lows around $1,230 an ounce. Africa's top producer of the precious metal AngloGold Ashanti shed almost 1.5 percent to 125.50, the lowest in about 2-1/2 months.

The rand was slightly weaker against the dollar on Monday ahead of a data-heavy week but is expected to trade rangebound until the U.S. Federal Reserve's next policy meeting next week. The rand was at 10.3530 to the dollar at 1539 GMT, down 0.3 percent from Friday's New York close. Data expected this week include October mining and factory output data and third quarter employment numbers on Tuesday and November consumer inflation statistics on Wednesday.

New highs for NASPERS, Pick'nPay and Steinhof, whilst Harmony and Goldfields continue to make new lows.

F&G = 66 - Greed
HSeng -0.15%, Nikkei -0.24% whilst the Dow closed a fraction up.
Euro  14.34, GBP  17.17, USD  10.43
Not idly do the leaves of Lorien fall.