Google Flashes its Tubes

  Market Scorecard Tesla briefly broke into $800 dollars a share yesterday, then continued to smash through $900, to a high of $967. Wowzers! It is flying. Over the last six months, it is up fourfold. We were talking in the office about how Tencent owns 5% of Tesla. They originally bought 8.2 million shares … Continue reading Google Flashes its Tubes

Google Joins The 4 Comma Club

  Market Scorecard US markets enjoyed another record close on Friday evening. The war drums beating during the first week of the year now seems a distant memory. Some people were getting ready for World War Three in the Middle East? Locally, the JSE All-share index is one strong trading day away from crossing the … Continue reading Google Joins The 4 Comma Club

City of Old

  Market Scorecard Following the ADP jobs numbers on Wednesday, the official employment figures out on Friday were equally disappointing. Well, disappointing is relative. The number of new jobs created in the US was only 75 000, instead of the 185 000 expected. The unemployment rate stayed steady at 3.6%, so not terrible numbers. What … Continue reading City of Old

Quit the Split

  Market Scorecard Yesterday Stats SA released our latest labour statistics. As expected the numbers deteriorated. South Africa desperately needs economic growth to solve many ills that the country has. A political analyst was on the radio before the elections saying that we don't need economic growth but we need to move to a more … Continue reading Quit the Split