It’s Raining Content

  Market Scorecard Apple announced yesterday that due to coronavirus disruptions, they will miss their quarterly guidance forecasts. The disruption is felt through slower production and lower sales. This warning from Apple seems to have spooked global markets, as Asian markets are lower this morning coupled with lower US futures. Locally, trading statements from Bidcorp … Continue reading It’s Raining Content

Monster Returns

  Market Scorecard Another day, and another record high for the US market. Looking forward to the rest of 2020, things are aligning for another good year in equities. Brexit is behind us, inflation is staying low, the trade war is de-escalating, and interest rates are heading lower. It probably won't be another year of … Continue reading Monster Returns

Sport is Super

  Market Scorecard Yesterday was a rather subdued day for markets. There is the overhang of increased hurdles to a trade truce, the escalating violence in Hong Kong and then sectors of the US were closed yesterday for Remembrance Day. Locally, Aspen announced that they would be selling their Japanese division for EUR 400 million. … Continue reading Sport is Super

InstaFine

  Market Scorecard On Wednesday last week the S&P 500 broke through 3 000 for the first time and Friday marketed the first time the index closed above 3 000. These small milestones help to remind us that the market is infact moving higher, even though sometimes all we see from headlines is how bleak … Continue reading InstaFine

Upward Stock

  Market Scorecard Popping into Vestact email boxes this morning was a research note from a US investment bank on Naspers. They expect the Naspers share price to be around R4 450 in the next 12-months. Viva! It is worth noting that this is just a forecast and that these analyst notes are wrong all … Continue reading Upward Stock