JustOneLap

Money in action. Online for South African traders, investors and everybody else. Tax-free and ETFs.

[JustOneLap @JustOneLap]

Sign up for our weekly newsletter of goodness every Monday.

Thoughts from Simon Brown, updates on what we published the previous week and invites to events.

https://t.co/wHIJ1cnpXn

[JustOneLap @JustOneLap]

World Wide Markets hosted @SimonPB and sponsored by @SBGTraderZA & @ShyftGlobal

The US consumer has no savings left, should we worry?

📉 US personal savings rate at 2.6%
🛢️ The Iran deal collapses again
🏦 SARB hikes prime to 10.5%
🚀 Naspers & Prosus fly
🛒 SPAR’s horror update
🌏 The year-to-date scoreboard
📊 Stocks on the move

https://t.co/qle3vT3S3N

[JustOneLap @JustOneLap]

The S&P 500 closes flat overnight. Next morning your Satrix S&P 500 is up 2%.

You've just experienced the rand hedge effect. Most investors notice it. Few understand why it happens 👇
https://t.co/0auaPetHsl

[JustOneLap @JustOneLap]

World Wide Markets hosted @SimonPB and sponsored by @SBGTraderZA & @ShyftGlobal

The US consumer has no savings left, should we worry?

📉 US personal savings rate at 2.6%
🛢️ The Iran deal collapses again
🏦 SARB hikes prime to 10.5%
🚀 Naspers & Prosus fly
🛒 SPAR’s horror update
🌏 The year-to-date scoreboard
📊 Stocks on the move

https://t.co/qle3vT3S3N

[JustOneLap @JustOneLap]

The tests that separate a real compounder from a story stock:

° A drowsy, arrogant oligopoly
° An ignored customer segment
° Half-price; not 5% cheaper
° Structurally lower cost base
°Outsider management + patience

@SimonPB walks through all of them here: https://t.co/qIsaZTOjgk

[JustOneLap @JustOneLap]

World Wide Markets hosted @SimonPB sponsored @SBGTraderZA @ShyftGlobal

The US consumer has no savings left, should we worry?

https://t.co/ZDH06aH6iz

[JustOneLap @JustOneLap]

RSA Retail Savings Bonds rates (updated June 2026)

Fixed rates are all lower and the bi-annual reset of the inflation linked rates also sees them lower.

https://t.co/Lvf7jUCGSL

[JustOneLap @JustOneLap]

The Nasdaq rewrote the rules so that the soon to be listed SpaceX would be included in the index.

The old rules would have kept it out.

This is totally not what passive means.

https://t.co/2IHEDQwo2Z

[Simon Brown @SimonPB]

So the FTSE Russel has caved and seems S&P50 may as well :(

[JustOneLap @JustOneLap]

Finding the next Capitec | Local and offshore

I n this @SBGTraderZA Power Hour, @SimonPB unpacks what was actually knowable in 2002, what was luck, and what can be turned into a repeatable process for spotting the next great compounder.

He walks through the tests that separate a genuine multi-bagger from a story stock, then applies the framework live to current local and offshore names.

https://t.co/qIsaZTNLqM

[JustOneLap @JustOneLap]

RSA Retail Savings Bonds rates (updated June 2026)

Fixed rates are all lower and the bi-annual reset of the inflation linked rates also sees them lower.

https://t.co/Lvf7jUCGSL

[JustOneLap @JustOneLap]

The S&P 500 still has rules. Positive GAAP earnings being one of them - SpaceX posted a US$4.9billion loss in 2025 and fails that test as filed.

My preferred tech ETF remains ETF5IT. SpaceX will not be in it - not an IT stock.

https://t.co/2IHEDQwo2Z

[JustOneLap @JustOneLap]

At listing, Capitec was a small, unloved micro-lender the Big Four dismissed and analysts ignored.

But the signals were there. Nobody acted.

In this @SBGTraderZA Power Hour @SimonPB unpacks what was visible, what was luck, and what you can actually repeat.

https://t.co/qIsaZTOjgk

[JustOneLap @JustOneLap]

Stocks on the move this week:

🍺 AB InBev — running, but expensive (fwd PE 18.5)
🛒 Shoprite — sideways then runs, sideways then runs. I own it.
⛏️ Implats — bearish chart, but platinum is moving
🥇 Gold Fields — down a third, at support, 5.5% yield

Hosted @SimonPB sponsored @SBGTraderZA @ShyftGlobal

🎧 https://t.co/N5fG3aXI7f

[JustOneLap @JustOneLap]

SpaceX at US$1.75trillion. Floats 5%. Float-adjusted market cap = US$87.5billion. New 3x multiplier = US$262.5billion of index weight.

That is a 0.7% Nasdaq-100 position on day one. Climbs to 4%+ once float hits 33%.

Top 10 holding, just like that.

https://t.co/2IHEDQwVSx

[JustOneLap @JustOneLap]

Capitec listed at 200c in 2002. It is over R4,500 today.
The best JSE listing in 25 years and almost every fund manager missed it.

How do you spot the next one?

Here's the latest @SBGTraderZA Power Hour with @SimonPB 👇 https://t.co/2Zk6xZpq07

[Siyabulela Nomoyi @S_Nomoyi]

Check out this article - it's talking to what I mentioned the other day about $SPCX going into the Nasdaq 100 index. 👨‍💻

[JustOneLap @JustOneLap]

@BridgetLed10871 yes

[JustOneLap @JustOneLap]

Nasdaq rewrote its index rules on 1 May 2026. Three weeks before SpaceX moved its listing across from NYSE.

If you hold a Nasdaq-100 ETF (STXNDQ, QQQM), you are about to own SpaceX.

https://t.co/2IHEDQwo2Z

[JustOneLap @JustOneLap]

The Dow Jones Index is 130 years old. Started at 40.94 points it is now over 50K and it's an odd one as it's price weighted.

Hosted @SimonPB
Sponsored @SBGTraderZA @ShyftGlobal

https://t.co/wzgdNo9XL3