Last week the market closed at 4842, this week we closed up 225 points at 5067. There was more support for the market this week as it moved to it high in the middle of the week before pulling back on Friday.
There is plenty of opportunity in the market to buy companies, many are oversold and look cheap at the current price. We are looking and recommending companies with solid liquidity levels, high barriers for entry which are not directly affected by COVID 19.
The stock market is all about looking forward and knowing the past so you can be ahead of the curve. Bank Failures Two banks in America failed last week and there are expectations that other banks are also close. How does this happen? A simple explanation of how banks...
The evidence is that valuation inthe US are stretched especially in the tech sector, there is a flood of IPOwith strong support and high valuations. At present the market is geared to 43%and bond rates are all time lows forcing fixed interest investors into riskier...
It has been a couple of months since our last Market Update, during that time nothing really changed. Our market continues and is still trading in arange between 6200 and 5800. Reporting season is over with results being slightly better than expectations and...