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  • THE BIG FIVE(s): Miners vs Banks

    Trade   JSE Shares   with Unum Capital. To get started, email   lester@unum.co.za This is a ratio chart, showing a basket of miners (AGL, BHG, GLN, ARI and S32) vs banks (ABG, CPI, FSR, NED and SBK). Zooming out, the ratio is approaching a potentially key level on multi-year basis. If the ratio trades at or around this level, it would likely be approaching oversold on a multi-week and multi-month basis, which could offer an appealing reward-to-risk for traders looking to buy miners and sell banks. Also note the lower panel, which shows the ratio trading at 40% below it's 200-week SMA. This chart is important. Don't ignore it. FSR on an absolute basis, clients of Unum Capital were alerted to a sell idea for Firstrand close to it's multi-year peak. Lester Davids Analyst: Unum Capital

  • SA Equities: Trading Commentary (Full Coverage)

    Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from the analyst's Tactical Trading Guide (Price Action Tool) . The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. MEDIUM TERM (APPROXIMATELY 2 to 4 WEEKS) IS SHOWN HERE, WHICH IS SUBJECT TO CHANGE AS THE PRICE ACTION DEVELOPS NOTE: THE SHORT TERM (1 TO 10 DAYS) AND LONG TERM (5 TO 8 WEEK) READINGS ARE ALSO AVAILABLE. SHOULD YOU URGENTLY REQUIRE A READING FOR THE S/TERM or L/TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA

  • If You're Trading SILVER, Here's What You Need To Know

    Trade Spot SILVER (XAG/USD)  with Unum Capital. To get started, email lester@unum.co.za Technical Condition and Price Action Probability What is the current short-term trend for Spot Silver? The short-term trend for Spot Silver is strong. And what about the medium-term trend? The medium-term trend is attempting a bullish reversal after a consolidation phase. What does that mean in terms of price action? It means that the price has been moving sideways for a while, but it's now showing signs of breaking out to the upside. However, we need to see if it can hold above the previous session's high. If it doesn't, there's a potential for a retracement back to the range breakout level. And what about the long-term trend? The long-term trend is bullish, but it currently lacks directional bias. We need to see a break of the range to trigger a new trend. So, what are the key takeaways? The short-term trend is bullish, and the medium-term trend is attempting a bullish reversal. However, the long-term trend is still uncertain. We need to monitor the price action closely in the coming days to see if it can hold above the previous session's high and break out of the range. Daily Chart Lester Davids Analyst: Unum Capital

  • SPOT GOLD A mostly bullish bias + looking to break out of a range

    Price Action Mode with Assessment For 3x Time Frames Trade Spot Gold (XAU/USD)  with Unum Capital. To get started, email lester@unum.co.za What is the current overall trend for Spot Gold? The 7-day trend is strong, and the 14-day trend is bullish. This suggests an upward trend. What should traders look for in the short term? The expectation is for a steady upward movement with possible consolidation around these levels. What about the medium term? The commodity is in a bullish regime. If there's a pullback, use the prior session's close or the 8-EMA as an accumulation zone. And for the long term? Buyers are in control, but watch for weakness on lower time frames. Look for a pullback to the 8 or 21-EMA (buy range) before the next move higher. In essence, the model indicates a bullish trend with potential for short-term consolidation. Moving Average Trends Daily Price Chart Lester Davids Analyst: Unum Capital

  • Sibanye Stillwater: Right Reading, Right Time

    Resource Centre: Tools/Insights Trade Sibanye Stillwater  with Unum Capital. To get started, email lester@unum.co.za The most recent low for SSW was on 31 December when it traded as low as 1495c and as high as 1595c. At the close of the previous session (30-December), the short term reading stated that the share had become attractive for a buy/long position. Since then, the share has made a solid bullish reversal, advancing by 13% to today's high of 1731c. Below is the time-stamped reading: Previous Post (28-Dec): SIBANYE STILLWATER Remains Weak Across The Major Time Frames Overall View The model presents a bearish outlook across short, medium, and long-term timeframes. This suggests that the market is currently in a downtrend and traders should be cautious about taking long positions. Timeframe-Specific Analysis Short-Term (1-10 Trading Days):  The 7-day trend is bearish with high momentum, indicating a strong downward move. Aggressive selling is likely and traders should wait for lower timeframes to stabilize before entering any trades. Medium-Term (2-4 Weeks):  The 14-day trend is also bearish, reinforcing the short-term view. The market is persistently weak, and traders should monitor if price can reclaim prior session lows for a potential bullish reversal trade. Long-Term (5-8 Weeks):  The long-term trend is very weak, suggesting a sustained downtrend. Traders should wait until the market stabilizes on a lower timeframe before considering any trades.

  • Standard Bank Now Lower By Over 2000c

    Trade Standard Bank  with Unum Capital. To get started, email lester@unum.co.za Following the previous alert to a channel breakdown (scroll down on this page to see the note on 12-November) , Standard Bank is now lower by over 2000c. SBK Previous Opportunity (Buy/Long 18 April) , Followed By A Risk: Caution New To Longs (15 August) Previous Post: CHANNEL CHECK: Standard Bank Breaking Down Monday 02 December 2024 (Time: Pre-Market) Share Code: SBK Potential 3x top / topping structure Support at risk Deteriorating candle structure Previous Post: Standard Bank Channel Check Tuesday 12 November 2024 Time Published: Pre-Market Ticker: SBK Lester Davids Analyst: Unum Capital

  • Woolworths: Price & Trend Analysis

    Trade Woolworths  with Unum Capital. To get started, email lester@unum.co.za Analyst's Price Action Mode With Assessment For 3x Time Frames Overview: When we look at the short-term price action over the last 7 days, we see a clear weakness. This is confirmed by the 14-day trend, which shows aggressive selling. Essentially, the price has been steadily declining over the past two weeks. Medium Term Outlook: The medium-term picture is still bearish, but with a caveat. We're seeing persistent weakness, but there's a glimmer of hope. If the price can reclaim the prior session's lows, it could signal a potential bullish reversal. However, we need to monitor this closely on lower time frames to confirm any such move. Long-Term Perspective: The long-term trend is also bearish. We need to wait for the price to stabilize on the lower time frames before we can reassess. Until then, the outlook remains cautious. WHL is facing headwinds across all time frames. What should investors be watching for? Investors should keep a close eye on the price action on lower time frames. If we see a sustained break above the prior session's lows, it could signal a potential shift in the trend. However, until then, caution is warranted. Lester Davids Analyst: Unum Capital

  • JSE SECTOR RATINGS Technology, Consumer Staples, Healthcare, Diversified Miners & More

    Here are some key observations for the JSE sector ratings from long term to short term: Long Term: Insurers are the only sector rated "Overbought," indicating potential for a correction. Consumer Staples and Luxury Goods are rated "Strong," suggesting long-term growth prospects. Banks are rated "High Bullish Momentum / Approaching Overbought," indicating strong momentum but approaching a potential overbought condition. Chemicals are rated "High Bearish Momentum / Approaching Oversold," suggesting a potential for a reversal. Medium Term: Insurers remain "Strong," indicating continued medium-term optimism. Luxury Goods and Consumer Staples also remain "Strong." Chemicals are rated "High Bearish Momentum / Approaching Oversold," indicating a potential for a reversal in the medium term as well. Short Term: Insurers and Luxury Goods are rated "Strong," suggesting strong buying interest. Tech is rated "Oversold," indicating a potential for a rebound. Chemicals remain "High Bearish Momentum / Approaching Oversold," suggesting continued caution in the short term. Lester Davids Analyst: Unum Capital

  • SA Equities: Trading Commentary (Full Coverage)

    Trade JSE Shares   with Unum Capital. To get started, email lester@unum.co.za Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from the analyst's Tactical Trading Guide (Price Action Tool) . The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. MEDIUM TERM (APPROXIMATELY 2 to 4 WEEKS) IS SHOWN HERE, WHICH IS SUBJECT TO CHANGE AS THE PRICE ACTION DEVELOPS NOTE: THE SHORT TERM (1 TO 10 DAYS) AND LONG TERM (5 TO 8 WEEK) READINGS ARE ALSO AVAILABLE. SHOULD YOU URGENTLY REQUIRE A READING FOR THE S/TERM or L/TERM, YOU ARE WELCOME TO E-MAIL ME AT LESTER@UNUM.CO.ZA

  • Global X Lithium ETF (LIT)

    Capitalize on Thematic Opportunities with Unum Capital. To trade global instruments, you will need an offshore account. To get started, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za | Call: 011 384 2923 LIT tracks a market-cap-weighted index of 20-40 companies involved in the global mining and exploration of lithium, or in lithium battery production. While the plain-vanilla fund gives broad exposure to the lithium industry, it manages to offer targeted, concentrated exposure with a micro-cap tilt. LIT is an excellent fit for investors looking for niche lithium exposure as an ETF. The index is reconstituted and rebalanced on an annual basis. ETF Summary The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production. ETF Objective The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. AI-Assisted Investment Insights The lithium market is experiencing a surge in investment driven by several key factors:   The Electric Vehicle (EV) Boom: The global shift towards electric vehicles is the primary driver of lithium demand. EVs rely heavily on lithium-ion batteries, and as sales of EVs continue to rise, so too does the need for lithium.   Electric Vehicles Renewable Energy Storage: Lithium-ion batteries are also crucial for storing energy from renewable sources like solar and wind power. As the adoption of renewable energy increases, so does the demand for energy storage solutions, further boosting lithium demand.   Solar Panels and Wind Turbines Consumer Electronics: Lithium-ion batteries are widely used in consumer electronics such as smartphones, laptops, and tablets. The ever-growing demand for these devices contributes to the overall demand for lithium.   Smartphones and Laptops Government Policies and Incentives: Governments around the world are implementing policies to promote the adoption of EVs and renewable energy, which in turn stimulates investment in the lithium market. Incentives such as subsidies and tax breaks for EV purchases and renewable energy installations further encourage growth in the sector.   Supply Constraints: The supply of lithium is relatively constrained, and as demand continues to rise, prices are likely to increase. This creates an attractive investment opportunity for companies involved in lithium mining, processing, and battery production.   These factors have combined to create a strong investment environment for the lithium market, attracting significant capital from both public and private investors. Lester Davids Analyst: Unum Capital

  • iShares Future AI & Tech ETF

    Capitalize on Thematic Opportunities  with Unum Capital. To trade global instruments, you will need an offshore account. To get started, contact the Unum Capital Trading Desk: E-mail: tradingdesk@unum.co.za | Call: 011 384 2923 ETF Code: ARTY ARTY is a global fund following the top 50 companies from both developed and emerging markets that are involved artificial intelligence (AI). The funds underlying index scores companies based on level of exposure to four subthemes: generative AI, AI data and infrastructure, AI software, and AI services. The scoring process takes into consideration the company's role in the AI value chain, expected net profit increase from the exposure to at least one of the AI subthemes, and the portion of revenue expected to be derived from each AI subtheme over the next five years. The index provider ranks companies into three tiers, emphasizing those with the greatest tie to the AI subthemes and current market capitalization. Preference is given to smaller market capitalization over larger. The index is reconstituted annually and rebalanced quarterly. Prior to August 12, 2024, the fund ticker was IRBO and tracked the NYSE FactSet Global Robotics and Artificial Intelligence Index. Lester Davids Analyst: Unum Capital

  • JSE TECHNICAL SUMMARY Top 10 Strongest/Weakest

    Strongest/Most Overbought (Daily Time Frame) Weakest/Most Oversold (Daily Time Frame) Lester Davids Analyst: Unum Capital

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