Author Topic: Today's Outlook  (Read 840883 times)

jaDEB

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Re: Today's Outlook
« Reply #690 on: May 29, 2014, 09:03:13 am »
 8)
jaDEB

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jaDEB

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Re: Today's Outlook
« Reply #691 on: May 30, 2014, 08:09:33 am »
Gold 1256 vs 1285   , $/R 10.42 vs 10.35, Copper 6.95 vs 6.99  , Nickel 18.80  vs 19.62    , Oil 103.46 vs 104.48
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Moneypenny

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Re: Today's Outlook
« Reply #692 on: May 30, 2014, 09:08:45 am »
Alsi ends +0.07% @49 726, T40 +0.03% @44 744. 

Telkom reported expected 9x increase in 2013-earnings causing share to move +6.04% @ 38.60.

Gold miners still suffering, plat strike negotiations still continuing.

Major moves up, Telkom, Lewis, Tongaat, Curro, Vodacom, Advhlth.

Major moves down Harmony, Goldfields, Kumba, Northam, Merafe.

New high Tongaat @ 13945, Reinet @ 2541, Medclin @ 8519, HCI @ 16749 & new low Kumba @ 33608.

US ended Dow +0.40%, Nas +0.54%, S&P +0.54%, Asia mostly red this morning.

T40  -135 pips, F&G 45 ‘Neutral’.

FTSE opened -0.2%, DAX -0.1%, CAC -0.5%, US futures red.

Eco Calendar:

14:00 SA Trade Balance, prev -11.39B, exp -9.00B
« Last Edit: May 30, 2014, 09:10:32 am by Moneypenny »

jaDEB

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Re: Today's Outlook
« Reply #693 on: June 02, 2014, 08:04:24 am »
Gold 1242 vs 1293  :(   , $/R 10.59 vs 10.34, Copper 6.97 vs 6.92  , Nickel 19.30  vs 19.70    , Oil 103.26 vs 103.82

jaDEB

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Patrick

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Re: Today's Outlook
« Reply #694 on: June 02, 2014, 03:22:23 pm »
And don't forget the game's money is in. Now to find something interesting to write about...

jaDEB

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Re: Today's Outlook
« Reply #695 on: June 02, 2014, 04:17:20 pm »
And don't forget the game's money is in. Now to find something interesting to write about...

I just bought ABL -  :wtf: - shows I bought at 20% loss.
jaDEB

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Patrick

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Re: Today's Outlook
« Reply #696 on: June 02, 2014, 06:44:18 pm »
And don't forget the game's money is in. Now to find something interesting to write about...

I just bought ABL -  :wtf: - shows I bought at 20% loss.

Seems I have to go bug hunting...

Moneypenny

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Re: Today's Outlook
« Reply #697 on: June 03, 2014, 09:01:16 am »
Entomologist? :whistle:

Nikkei and Topix just closed both +0.7%. 

Chinese Manufacturing PMI earlier came in at 49.4, a tad worse than expected 49.7.  Australia left interest rate at 2.50% as expected.

Eco Calendar:
11:00 Eur CPI prev & exp 0.7%

US last night with Dow +0.16%, Nas -0.13%, S&P +0.07%, futures flat to red.

Not much going on with fear, 47 Neutral, VIX +1.58% @11.58.

T40 -4 pips atm, gold spot +2.53 @ 1246.33

Recent weak SA data weighing on investors’ minds with R falling >1%, weakest in 2 months, gold on 4 month low.

Alsi ended +0.37% @ 49 817, T40 +0.47% @ 44 852.

Major moves up for Advhlth, Randgold, Pinnacle, Kumba, Sibanye, Brait.

Major down Abil (-3.45%), Lewis (-2.86%), Truworths (-2.40%).

New highs for Randgold 1585, Advtech 975, Richemont intraday 11154, Netcare intraday 2900.

New intraday low DRD Gold 245

By sector, Industrial +2.85%,  Resources +1.48% & Beverages -1.07%.

jaDEB

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Re: Today's Outlook
« Reply #698 on: June 04, 2014, 07:42:01 am »
Gold 1245 vs 1242     , $/R 10.76 vs 10.59  :-X, Copper 6.89 vs 6.97  , Nickel 18.76  vs 19.30  :wall:   , Oil 102.82 vs 103.26
jaDEB

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Moneypenny

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Re: Today's Outlook
« Reply #699 on: June 04, 2014, 09:11:13 am »
US ended with Dow -0.13%, Nas -0.08%, S&P -0.05%, futures red.

Asia mostly negative, Topix closes +0.4%.

F&G back into ‘Greed’ @63.

Eco Calendar:

03:30 Aus GDP better than expected @ 3.5% (exp 3.3%)
10:30 GB Services PMI exp 58.2, prev 58.7
14:15 US ADP Nonfarm, prev 220K, exp 210K
16:00 US ISM Non-manufacturing PMI exp 55.5, prev 55.2

Heads-up for tomorrow:

ECB expected to cut refinance rate by 15 basis points & a negative deposit rate cut by 10 basis points.

13:00 Interest rate prev & exp 0.50%.
13:45 EUR Interest rate prev 0.50%, exp 0.10%
14:30 ECB Press Conf

Alsi +0.24% @ 49 936, T40 +0.27% @ 44 975

Moving up yesterday Angloplat, Telkom, Aspen, Sappi & down Mittal, Randgold, Advhlth, Advtech, Massmart, PSG

New highs for Telkom 4080, Sappi 3829, Sasol 61396, Sanlam 6037, MrPrice 17057, Richemont 11182

jaDEB

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Re: Today's Outlook
« Reply #700 on: June 04, 2014, 11:57:42 am »
Do we know why ASPEN is moving -- ?
jaDEB

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Moneypenny

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Re: Today's Outlook
« Reply #701 on: June 04, 2014, 02:12:21 pm »
Could be because hedge funds started buying into private care according to Bloomberg http://www.iol.co.za/business/companies/hedge-fund-buys-into-private-care-1.1698208#.U48IunKSx8E or that Investec raised target price to R342 from 322, rating it as a ‘buy’.

Another thing happening is that GlaxoSmithKline UK invited private equity to bid for older drugs a few days ago.   Last year they sold thrombosis meds to Aspen for £700 mil. 

Could be anyone of those or none at all. :P

Moneypenny

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Re: Today's Outlook
« Reply #702 on: June 05, 2014, 11:29:18 am »
Hallo Sasol!  Being fined R534 million for overpricing.

On F&G, we are back swiftly into greed territory @ 70. Greedy little buggers out there I suppose; only a week ago we were at 35 Fear.  VIX +1.77% @ 12.08.

T40 @ 44 812 atm -0.28%

New high for Telkom 4250, MTN 22945, Sappi 3913, Bats 64597, Richemont 11225 (intraday).

By index Platinum Mining -1.10%, Media -1.76%, Forestry & Paper +1.66%, Healthcare +1.41%, Telecommunications +1.05%

European markets cautious today before ECB later, CAC +0.07%, DAX -0.14%, FTSE -0.27%.

Eco Calendar:

13:00 GB Interest Rate & BoE QE Total, prev & exp 375B
13:45 EUR Interest Rate prev 0.25%, exp 0.10%
14:30 ECB Press Conf
14:30 US Initial jobless claims, prev 300K exp 310K

Moonraker

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Re: Today's Outlook
« Reply #703 on: June 05, 2014, 02:10:57 pm »
Daar het jy dit nou. Goeie genade.  ???  :)

ECB President Mario Draghi reduced the deposit rate to minus 0.10 percent from zero, making the institution the world’s first major central bank to use a negative rate. Policy makers also lowered the benchmark rate to 0.15 percent from 0.25 percent. Draghi will hold a press conference at 2:30 p.m. in Frankfurt.

jaDEB

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Re: Today's Outlook
« Reply #704 on: June 06, 2014, 08:44:31 am »
Thanks MoneyPenny - Aspen reply  :TU:

Gold 1254 vs 1245     , $/R 10.70 vs 10.76  , Copper 6.81 vs 6.89  , Nickel 18.96  vs 18.76     , Oil 102.55 vs 102.82
jaDEB

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