Market Scorecard Things were going swimmingly yesterday; talks with China were progressing well as China agreed to lower tariffs on imported cars and car parts, which meant our market closed in the green and US markets opened in the green. Then at around 3 pm, US time, Trump commented that he wasn't pleased with … Continue reading China Trumped Again. . .
Market Scorecard It was good to see some 'green on the screen' yesterday. I remember last year when it almost got boring talking about how the market was only going up and how there was no volatility. The good news came from President Donald Trump who directed officials to explore rejoining the Trans-Pacific Partnership … Continue reading It’s Earnings Season!
Market Scorecard It was 'Jobs Day' on Friday for the US economy. Currently they are on 90 consecutive months of gains to the job market! The overall number of new jobs added was 103 000, lower than expected but not to be worried about due to February having a much higher than average job … Continue reading Flipping Flipkart
To market to market to buy a fat pig. If you do any form of long-term investing, Warren Buffett is the man you aim to emulate. As such there are two big 'Buffett' events investors look forward to, the first is the annual Berkshire AGM and the second is Buffett's annual letter to shareholders. … Continue reading Buffett, Bekker and Bezos
To market to market to buy a fat pig. American politics is driving markets at the moment. Another Trump advisor, Michael Flynn, has been linked to Russia. He pleaded guilty to lying to the FBI, while they investigate Russia's involvement in the 2016 US elections. Markets tanked on the news. More significant though is … Continue reading Takealot of Cash
To market to market to buy a fat pig. Yesterday we spoke about Naspers, today we will move onto the first derivative of Naspers, Tencent. The stock is up 126% this year, which has propelled it to become the first Asian company to break the $500 billion market cap milestone. I remember reading about … Continue reading Groans over David Jones
To market to market to buy a fat pig. Friday was Naspers day. Thanks in part to Tencent rising 3% on Friday, Naspers was up over 4% at a stage and closed up 3.6%. What is amazing is that we still have 6-weeks left of the year and the stock is up 90%; it … Continue reading Naspers 4000
To market to market to buy a fat pig. Yesterday the IMF released their World Economic Outlook report, which gives an update on their forecasts of growth for this year and for next year. For the globe as a whole, the report was positive. Last year global growth came in at 3.2%, the IMF … Continue reading Robotaxi, Write That Down
To market to market to buy a fat pig. How does 'Naspers R3 000' sound? Well depending on if you own them or not, it will either be sweet, sweet music or the sound of a cat 'singing' in the night. Yesterday afternoon Naspers was briefly above R3 000 a share and then settled … Continue reading The Gaming Blizzard
"For the full year the company managed to grow revenues by 6 percent to 34.4 billion Dollars, that is up 8 percent on a currency neutral basis. There are now (as at the year end) 985 Nike stores globally. Some of the iconic ones stand out, in New York and London, the experience is always … Continue reading Nike Spikey Likey