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No research published as I am out of office for today, Thursday, 11 July 2024. Lester Davids Analyst: Unum Capital

🔔Market Minutes Alert A new comment has been added to the my notes. Click on the following link to access the page: https://www.unum.capital/post/market-minutes   To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Lester Davids Analyst: Unum Capital

🔔Market Minutes Alert A new comment has been added to the my notes. Click on the following link to access the page: https://www.unum.capital/post/market-minutes To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Lester Davids Analyst: Unum Capital

To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za  | Call: 011 384 2923 Last week I discussed KIO via a strategy alert (buy idea): https://www.unum.capital/post/strategy-alert-1 Lester Davids Analyst: Unum Capital

Running screens for JSE shares with a market cap above R10bn, the following the names trade more than 40% below their 200-week simple moving averages. Historically, this technical position represents shares that are extended to the downside and have the potential to stage a medium to long term recovery.

Release Date and Time: - Date: 11 July - Time: 2:30 PM (SA Time)   Forecast: - Current Forecast: 3.4% - Previous Forecast: 3.6% - Previous Actual: 3.4%   Why are these numbers important? Tomorrow's US CPI and jobless claims data are crucial as they provide insights into inflation and employment trends, influencing market expectations for a future interest rate direction. A lower CPI number could spur expectations of rate cuts, impacting US indices, gold, and USD/ZAR accordingly.   Gold, USDZAR, and US Indices Reactions: When US economic data, like the Consumer Price Index (CPI), beats expectations, US indices may initially dip due to inflation worries but could see long-term relief from lower rate expectations. Conversely, if the data misses, indices may rise as it eases inflation concerns. For gold, a beat in CPI could pressure prices down due to inflation worries, while a miss could trigger a rally on expectations of lower inflation. In currency markets, a beat in CPI could strengthen the USD against the ZAR, while a miss might weaken the USD, causing the USD/ZAR pair to decline.   Market Reaction to Previous Release: - Gold: Spiked $26 - USD/ZAR: Dropped by 20 cents   Potential Market Implications:   Understanding "Beat" and "Miss": - Beat (Higher): If the CPI is higher than forecasted, it indicates stronger inflation. - Miss (Lower): If the CPI is lower than forecasted, it signals weaker inflation.     Jobless Claims: Jobless claims data, also out tomorrow, will provide additional insight into the labour market's health, influencing market sentiment and the USD's trajectory. Tomorrow's US CPI release at 2:30 PM (SA time) and jobless claims will significantly impact market movements in US indices, gold, and USD/ZAR. A beat or miss in CPI figures will shape expectations for future interest rate pressures. Stay ahead of the curve and make informed decisions with Unum Capital. Prepare now and seize the opportunities these market-moving events will present with us Your Profit Partner.

• REAL-TIME NORTHAM PLATINUM (NPH) ABOUT THE TACTICAL TRADING GUIDE: 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 our Tactical Trading Guide (Price Action Tool) which is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument 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. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

• REAL-TIME FIRSTRAND LTD (FSR) CONTINUES TO FLUCTUATE AROUND RESISTANCE MONITOR FOR POTENTIAL DOWNSIDE BREAK OF SHORT TERM CHANNEL EXTENDED VS 21-WEEK EMA ABOUT THE TACTICAL TRADING GUIDE: 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 our Tactical Trading Guide (Price Action Tool) which is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument 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. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

• REAL-TIME SILVER (XAGUSD) ABOUT THE TACTICAL TRADING GUIDE: 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 our Tactical Trading Guide (Price Action Tool) which is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument 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. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

ARK Autonomous Tech. & Robotics ETF (ARKQ) Fund Objective: ARKQ is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation. Fund Description: Companies within ARKQ are focused on and are expected to substantially benefit from the development of new products or services, technological improvements, and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, artificial intelligence, and transportation. These companies may develop, produce, or enable: Autonomous Transportation Robotics and Automation 3D Printing Energy Storage Space Exploration TECHNICAL PRICE ANALYSIS: The daily chart reflects the price which has broken out of a consolidation range and is looking to emerge from a multi-month base. A weekly close above $59.87 opens up $71 as a medium term target. The setup is temporarily invalidated below $53.00. Lester Davids Analyst: Unum Capital

With Tesla having rallied significantly, will ARKK follow? The short term structure appears healthy, with a trigger above $46.61. The upside targets are $50.89 and $53.87, with a stop-loss of $43.35. To trade, you will need an offshore account. Chart as of Tuesday evening 19h34 Lester Davids Analyst: Unum Capital