☰ Research: November 2025

Thank you for your interest in our research. Our aim is to convey insights that help clients: (1) Manage Risks and (2) Uncover Opportunities. Year-to-date we have published over 1800 research notes that helps clients do just that. If you've been a consumer of our research but have not traded via the Unum Capital trading desk, why not consider making us your trading services provider? To open a trading account and/or move from your existing service provider, email tradingdesk@unum.co.za

Our Capabilities (Non-Comprehensive):

• > Astral Foods https://www.unum.capital/post/parlm

• A +250% Rally in 12 Weeks https://www.unum.capital/post/irisral

• 10 Trades You Missed https://www.unum.capital/post/tentrad

• Solaris Energy Infrastructure https://www.unum.capital/post/seirun

• 'Rare Earth' Rally +70% https://www.unum.capital/post/raeral

• Global X Silver Miners ETF +93% Over 5 Months https://www.unum.capital/post/silsix9

• Van Eck Junior Gold Miners ETF 1 Year Later +100% https://www.unum.capital/post/gdx100

• Sibanye Stillwater +300% Over 8 months https://www.unum.capital/post/wsiban

Latest Research:

1. Free 🎥Watch: Trading Spot Gold https://www.unum.capital/post/xau1711

2. Free 🎥Watch: S&P 500 Index https://www.unum.capital/post/sp5001711

3. Free 🎥Watch: JSE Top 40 Index https://www.unum.capital/post/j2001711

4. Free Trading Johnson & Johnson https://www.unum.capital/post/jnj1711

5. Free Trading Redefine Properties https://www.unum.capital/post/rdf1711

6. Free 🎥Watch: Updated Trading Levels for Anglo American Plc https://www.unum.capital/post/agl1711

7. Free Short Term Traders Take Profits on Nedbank; Running +25% https://www.unum.capital/post/ned1711

8. Free Shoprite Holdings: Price Action Model + Key Levels https://www.unum.capital/post/shp1711

9. Free Market Risk Index https://www.unum.capital/post/mri1711

10. Free 🎥Watch: Trading Levels for Standard Bank https://www.unum.capital/post/sbk1611

11. Free 🎥Watch: Trading Levels for Capitec Bank https://www.unum.capital/post/cpi1611

12. Free 🎥Watch: Trading Levels for Sasol https://www.unum.capital/post/sol1611

13. Free 🎥Watch: Trading Levels for Prosus https://www.unum.capital/post/prx1611

14. Free 🎥Watch: Trading Levels for Absa Group https://www.unum.capital/post/abg1611

15. Free JSE Sectors: Momentum Shift Matrix https://www.unum.capital/post/mosh1611

16. Free JSE Sectors: Key Takeaways https://www.unum.capital/post/kt1611

17. Free JSE Sectors: Leaders & Laggards https://www.unum.capital/post/ll1611

18. Free JSE Sectors: MTF Regimes https://www.unum.capital/post/regimes1711

19. Free Ranking The Sectors https://www.unum.capital/post/usrank1611

20. Free US Sectors: Key Takeaways https://www.unum.capital/post/uskt1611

21. Free US Sectors: Momentum Dynamics https://www.unum.capital/post/mody1611

22. Free US Sectors: MTF Regimes https://www.unum.capital/post/usec1611

23. Free 🎥Watch: Spot Gold (Buy & Sell Side) https://www.unum.capital/post/xau1411

24. Free 🎥Watch: Discussing Valterra Platinum (Buy & Sell Side) https://www.unum.capital/post/val1411

25. Free JSE Top 40 Lower By 3400 Points https://www.unum.capital/post/j2001411

26. Free 🎥Watch: Trading Prosus https://www.unum.capital/post/prx1411

27. Free 🎥Watch: Trading Impala Platinum https://www.unum.capital/post/imp1411

28. Free 🎥Watch: Trading Harmony Gold https://www.unum.capital/post/har1411

29. Free Trading Discovery https://www.unum.capital/post/dsy1411

30. Free Take Profits on Cisco Systems (+34%) https://www.unum.capital/post/csco1311

31. Trading Opportunities https://www.unum.capital/post/trop1311

32. Free 🎥Watch: Harmony Gold. Long/Short https://www.unum.capital/post/har1311

33. Featured Post: 🎥Watch: Make More Money https://www.unum.capital/post/2abg1311

34. Free JSE Top 40 Index https://www.unum.capital/post/j2001311

35. Free Trading Spot Platinum https://www.unum.capital/post/xpt1311

36. Free Trading Valterra Platinum https://www.unum.capital/post/val1311

37. Free 🎥Watch: Take Profit on FirstRand +7% https://www.unum.capital/post/2fsr1311

38. Free 🎥Watch: Trading Absa Group https://www.unum.capital/post/abg1311

39. Free 🎥Watch: Trading Spot Gold. Running +7.93% https://www.unum.capital/post/xau1311

40. Free 🎥Watch: Trading FirstRand https://www.unum.capital/post/fsr1311

41. Free Trading Nedbank https://www.unum.capital/post/ned1311

42. Free 🎥Watch: Woolworths Further Update - Running +11% https://www.unum.capital/post/2whl1211

43. Free Trading Truworths. Running +9.6% https://www.unum.capital/post/tru1211

44. Free 🎥Watch: Trading Woolworths https://www.unum.capital/post/ang1211

45. Free Trading MTN Group https://www.unum.capital/post/mtn1211

46. Free Analysis of Pepkor Holdings https://www.unum.capital/post/pph1211

47. Free 🎥Watch: Trading Woolworths https://www.unum.capital/post/whl1211

48. Free Technical Screen: 3 Shares High Bullish Mo (Daily Time Frame) https://www.unum.capital/post/7hbm1211

49. Free Technical Screen: 3 Shares Overbought (Daily Time Frame) https://www.unum.capital/post/3ob1211

50. Free Alps Medical Breakthrough ETF Running +12% https://www.unum.capital/post/sbio1111

51. Free 🎥Watch: Update - Energy Sector https://www.unum.capital/post/enee1111

52. Free 🎥Watch: Trading Standard Bank https://www.unum.capital/post/sbk1111

53. Free 🎥Watch: Trading Sibanye Stillwater https://www.unum.capital/post/ssw1111

54. Free Trading Spot Silver https://www.unum.capital/post/xag1111

55. Free 🎥Watch: Trading Gold. Short Term Traders Consider Taking Profits https://www.unum.capital/post/xau1111

56. Free JSE: Ranking The Sectors: https://www.unum.capital/post/rank1111

57. Free JSE Sectors: Risk Factors & Contrarian Signals https://www.unum.capital/post/rifa1111

58. Free JSE Sectors: Relative Rotation https://www.unum.capital/post/rota1111

59. Free JSE Sectors: Momentum Shifts https://www.unum.capital/post/mosh1111

60. Free JSE Sectors: Key Takeaways https://www.unum.capital/post/rse1111

61. Free JSE Sectors: The 'Why' Behind The Flows https://www.unum.capital/post/why1111

62. Free 🎥Watch: Trading Harmony Gold https://www.unum.capital/post/har1011

63. Free 🎥Watch: Buy Into R91; Sell Above R116 https://www.unum.capital/post/sol1011

64. Free 🎥Watch: Running +19%. Take (Partial) Profits https://www.unum.capital/post/tbs1011

65. Free 🎥Watch: Trading Nedbank https://www.unum.capital/post/ned1011

66. Free 🎥Watch: Trading Gold https://www.unum.capital/post/xau1011

67. Free Vodacom: Summary of Interim Results https://www.unum.capital/post/vodsum

68. Free Trading Spot Gold https://www.unum.capital/post/xau0911

69. Free 'High Beta' vs 'Low Volatility' https://www.unum.capital/post/hblv0911

70. Free Trading Levels: Bidvest Group https://www.unum.capital/post/bvt0911

71. Free Trading Levels: Absa Group https://www.unum.capital/post/abg0911

72. Free Trading Levels: Anglo American Plc https://www.unum.capital/post/agl0911

73. Free Trading Levels: Harmony Gold https://www.unum.capital/post/har0911

74. Free Trading Levels: Impala Platinum https://www.unum.capital/post/imp0911

75. Free Trading Levels: Spot Platinum (XPT/USD) https://www.unum.capital/post/xpt0911

76. Free Trading Prosus https://www.unum.capital/post/prx09nov

77. Free Spot Platinum (XPTUSD) https://www.unum.capital/post/xpt0711

78. Free Spot Silver (XAGUSD) https://www.unum.capital/post/xag0711

79. Free 🎥Watch: Trading FirstRand https://www.unum.capital/post/wafirstr

80. Free Thungela Resources https://www.unum.capital/post/tgawk0711

81. Free Ranking The U.S Sectors https://www.unum.capital/post/usecra0711

82. Free US Sectors: Momentum Shifts https://www.unum.capital/post/usmoshi

83. Free US Sectors: Bull, Bear & Neutral Signals https://www.unum.capital/post/bubenu

84. Free US Sector Rotation: Key Takeaways https://www.unum.capital/post/usecro

85. Free JSE Top 40 Index: Weekly https://www.unum.capital/post/40week

86. Free 🎥Watch: Exxaro Resources https://www.unum.capital/post/wexxr

87. Free Trading Nasdaq 100 https://www.unum.capital/post/nazdon

88. Free 🎥Watch: Dear Clients, Here's How...(Sibanye Stillwater) https://www.unum.capital/post/wassw

89. Free Flash Note: Naspers Ltd https://www.unum.capital/post/fnonpn

90. Free Trading Woolworths https://www.unum.capital/post/woolwo

91. Free Trading Bid Corp https://www.unum.capital/post/tbidco

92. Free Harmony Gold (HMY) https://www.unum.capital/post/hmyny

93. Free Truworths: Summary of Business Update https://www.unum.capital/post/trumsum

94. Free JSE: Ranking The Sectors https://www.unum.capital/post/jrant

95. Free JSE Sectors: Relative Rotation Graph https://www.unum.capital/post/rotgra

96. Free JSE Sectors: Momentum Shift Matrix https://www.unum.capital/post/momshi

97. Free JSE Sector Rotation: Key Takeaways https://www.unum.capital/post/serokey

98. Free JSE Sectors: Risk Factors & Contrarian Signals https://www.unum.capital/post/jsrftr

99. Free British American Tobacco https://www.unum.capital/post/btiaa

100. Free 🎥Watch: Sibanye Stillwater - Actionable Areas (Short Term Traders) https://www.unum.capital/post/sibanw

101. Featured Post: Dear Clients, Here's How You Can Generate Cash https://www.unum.capital/post/volaeq

102. Free 🎥Watch: AngloGold Ashanti (Short Term Traders) https://www.unum.capital/post/wangold

103. Free Spot Silver (XAG/USD) https://www.unum.capital/post/sposil

104. Free Momentum Analysis: FirstRand https://www.unum.capital/post/moanfsr

105. Free Momentum Analysis: Capitec Bank https://www.unum.capital/post/moancpi

106. Free 🎥Watch: Market Risk Index https://www.unum.capital/post/mrskin

107. Free 🎥Watch: Anglo American Plc https://www.unum.capital/post/waaglo

108. Free Spot Gold: Post U.S Session Update https://www.unum.capital/post/uspotg

109. Free 🎥Watch: JSE Top 40 Index: Structure Weakening + 8wk Breach https://www.unum.capital/post/wforty

110. Free Trading Gold Fields https://www.unum.capital/post/goldflds

111. Free Trading Truworths https://www.unum.capital/post/trubuy

112. Free US Dollar Index (DXY) https://www.unum.capital/post/dxymw

113. Free Trading Redefine Properties https://www.unum.capital/post/trarede

114. Free 🎥Watch: Impala Platinum https://www.unum.capital/post/waimpl

115. Free Spot Gold (XAUUSD) https://www.unum.capital/post/spogol

116. Free Tencent Holdings https://www.unum.capital/post/tcenth

117. Free TFG https://www.unum.capital/post/itfga

118. Free Update: Pharmaceuticals ETF Running +13% https://www.unum.capital/post/pjprun

119. Free 🎥Watch: Disc-Chem Pharmacies https://www.unum.capital/post/wadcp

120. Free Trading Prosus https://www.unum.capital/post/watprx

121. Free Amazon Inc https://www.unum.capital/post/amznrun

122. Free 🎥Watch: S&P 500 Index https://www.unum.capital/post/wespy

123. Free 🎥Watch: JSE Top 40 Index https://www.unum.capital/post/watopf

124. Free Coronation Fund Managers https://www.unum.capital/post/tcmlp

125. Free USD/ZAR https://www.unum.capital/post/pzarm

126. Free Trading AngloGold Ashanti Plc https://www.unum.capital/post/aanga

127. Free Trading Harmony Gold (HMY) https://www.unum.capital/post/ahmya

128. Free Trading JSE Top 40 Index https://www.unum.capital/post/jtopin

129. Free Trading Impala Platinum https://www.unum.capital/post/platimp

130. Free Trading Sibanye Stillwater https://www.unum.capital/post/asswa

131. Free Trading Sasol https://www.unum.capital/post/asola-1

132. Free Trading Astral Foods https://www.unum.capital/post/parlm

133. Free Trading FX: GBP/USD https://www.unum.capital/post/pnddol

134. Free Core Thesis: AngloGold Ashanti, Gold Fields & Harmony Gold https://www.unum.capital/post/corthang

135. Free Core Thesis: Anglo American, BHP Group & Glencore Plc https://www.unum.capital/post/corethagl

136. Free Core Thesis: Kumba Iron Ore & Impala Platinum https://www.unum.capital/post/corthimp

137. Free Naspers & Prosus https://www.unum.capital/post/corthnpn

138. Free Spot Gold https://www.unum.capital/post/spotgoo

139. Free JSE Sectors: Key Takeaways https://www.unum.capital/post/takeyw

140. Free JSE Sector Rankings https://www.unum.capital/post/leastmo

141. Free JSE Sectors: Risk Factors & Contrarian Signals https://www.unum.capital/post/cfacsi

142. Free JSE Sectors: Momentum Shifts https://www.unum.capital/post/wmoshi

143. Free JSE Sectors: Relative Rotation https://www.unum.capital/post/rotarelav

144. Free JSE Sectors: Wakey, Wakey... https://www.unum.capital/post/wakwak

145. Free S&P 500: Ranking The Sectors: https://www.unum.capital/post/500ra

146. Free S&P 500 Sectors: Key Takeaways https://www.unum.capital/post/espyfi

147. Free S&P 500 Sectors: The 'Why' Behind The Flow https://www.unum.capital/post/500why

148. Free S&P 500 Sectors: Key Technical Postures https://www.unum.capital/post/espktp

149. Free S&P 500 Sectors: Wakey, Wakey... https://www.unum.capital/post/uswky

150. > Unum Capital on Bloomberg https://www.unum.capital/post/ucapb 

---

Archive: Year-To-Date

October 2025 https://www.unum.capital/post/roct2025

29 September to 03 October https://www.unum.capital/post/r2903oct

22 to 26 September https://www.unum.capital/post/r2226sept

15 to 19 September https://www.unum.capital/post/r1519sept

08 to 12 September https://www.unum.capital/post/r0812sept

01 to 05 September https://www.unum.capital/post/r0105sept

25 to 29 August https://www.unum.capital/post/r2529august

18 to 22 August https://www.unum.capital/post/r1822august

11 to 15 August https://www.unum.capital/post/r1115august

04 to 08 August https://www.unum.capital/post/r0408august

28 July to 01 August https://www.unum.capital/post/r2801august

21 July to 25 July https://www.unum.capital/post/r2125july

14 July to 18 July https://www.unum.capital/post/r1418july

07 July to 11 July https://www.unum.capital/post/r0711july

30 June to 04 July https://www.unum.capital/post/r3004july

23 June to 27 June https://www.unum.capital/post/r2327june

16 June to 20 June https://www.unum.capital/post/r1620june

09 June to 13 June https://www.unum.capital/post/r0913june

02 June to 06 June https://www.unum.capital/post/r0206june

26 May to 30 May https://www.unum.capital/post/r2630may

19 May to 23 May https://www.unum.capital/post/r1923may

12 May to 16 May https://www.unum.capital/post/research-12-16-may-2025

05 May to 09 May https://www.unum.capital/post/research-05-09-may-2025

28 April to 02 May https://www.unum.capital/post/research-28-april-02-may-2025

21 April to 25 April https://www.unum.capital/post/212504

14 April to 18 April https://www.unum.capital/post/research-14-18-april-2025

07 April to 11 April https://www.unum.capital/post/research-07-11-april-2025

31 March to 04 April https://www.unum.capital/post/research-31-march-04-april-2025

24 March to 28 March https://www.unum.capital/post/research-24-28-march-2025

17 March to 21 March https://www.unum.capital/post/research-17-21-march-2025

10 March to 14 March https://www.unum.capital/post/research-10-14-march-2025

02 January to 07 March https://www.unum.capital/post/latest-research-january-2025

Lester Davids

Senior Investment Analyst: Unum Capital