Ian Stiglingh

[Ian Stiglingh @ianstig]

What's happening?

[JC Louw @jc_louw]

Longer Term view on the #ZAR and a quick look at Bond Yields. Clearly not having a great end to the week/year...ZAR aiming for the R19 level and 10-Year yields are back at the highest levels for 2022. Attractive for yield seekers but sad to see as a Local looking to travel soon😀

[Ian Stiglingh @ianstig]

Bigger portion of the market starting to show good value.

[Custodian|DFM @CustodianDFM]

The S&P500 Index is down -24% YTD, does this mean the US Equity Market is "cheap"? Looking at the S&P100, its certainly moving towards being attractive.

NOTE: P/E is affected by change in P-rice as well as the E-earnings (estimate), meaning both can move to change the ratio...

[Ian Stiglingh @ianstig]

@jc_louw It's fine. The blackout period equal to 1 weekend is adequate.

[Ian Stiglingh @ianstig]

Whatever they are paying Stanlib's marketing team, it's not enough.

[JC Louw @jc_louw]

Adding the S&P500 Index to the CBOE Put Call ratio shows how a ratio above 1 identified decent buying opportunities in the recent past

Not saying go out and buy, but rather that it's easy to be negative, try to remain calm in your decision making process
https://t.co/v4SC6M6UDI

[Ian Stiglingh @ianstig]

Mirrors Fed move from yesterday.

[LiveSquawk @LiveSquawk]

SARB Raises Key Rate By 75bps To 6.25% From 5.50%

[Ian Stiglingh @ianstig]

@AltCoinTraderSA when are you opening deposits and withdrawals on ETHW?

[JC Louw @jc_louw]

LOOK AT THIS REACTION TO THE US CPI FIGURES!!!
https://t.co/IAYe0Bbn18

[JC Louw @jc_louw]

A day of two "halves"...US Aug22 CPI (inflation) being released at 14:30 today. Markets may react very different to a surprise either way. Good luck!

Bloomberg US CPI breakdown and Estimate below:

[JC Louw @jc_louw]

Our Markets react to the US Unemployment / Payroll Figures...
SA Equities = Down
Gold = Down
ZAR = Up (Weaker) or USD stronger
(Bloomberg)

[Ian Stiglingh @ianstig]

US unemployment report looks good. And we know good news is bad news. Why? Less pressing need for the Fed to lower interest rates and markets don't like that. Because without lower interest rates, jobs wouldn't increase. oh wait...

[Ian Stiglingh @ianstig]

Looks like the market is doing "sell the rumour, sell the fact" :)

[Custodian|DFM @CustodianDFM]

US Jun CPI YoY will be released at 14:30 today.
Expected at 8.8% (Prev 8.6%) - See enclosed details

The US White House is expecting the CPI numbers to be “highly inflated” and if so, could have a big impact on world markets later today...so set a reminder!

(Data by: Bloomberg)

[Ian Stiglingh @ianstig]

Good thread to show the methods of getting into offshore equity with ETFs...

[Custodian|DFM @CustodianDFM]

Investing in Index Tracking Exchange Traded Funds or #ETFs

A quick Thread 🧵

1/8

“Asset Allocation has been shown to explain around 90% of fund returns over time, so should be an important part of any investment process”
~ Morningstar, CityWire, 01/06/2022~

[Custodian|DFM @CustodianDFM]

Taking a look at some select regions and their respective Govt Bond ETFs

Using Bloomberg to show the YTD Capital Returns for each in USD, meaning income dist aren't reinvested, SA (using @SATRIX_SA Gov Bond #ETF) looks like a clear out performer helped by a stable/flat #USDZAR

[Ian Stiglingh @ianstig]

@IvanTheK Time to rebalance.

[Custodian|DFM @CustodianDFM]

Weekly LOCAL Tech Share Screen

The screen is showing a strong OverSold bias this week. (4 Sells : 26 Buys)

Note: We include the Bloomberg 12-mth Est Returns & MACD confirmation

[Close: 17 Jun 22 -using 35 & 65 levels; Market Cap > R5bn] #LocalShareScreen

[Custodian|DFM @CustodianDFM]

Weekly LOCAL Tech Share Screen

The screen is showing a strong OverSold bias this week. (2 Sells : 25 Buys)

Note: We include the Bloomberg 12-mth Est Returns & MACD confirmation

[Close: 14 Jun 22 -using 35 & 65 levels; Market Cap > R5bn] #LocalShareScreen

[Custodian|DFM @CustodianDFM]

The Fwd PE on the S&P500 has come down significantly (Analyst Est may still have to play catch-up) While there's potentially still downside risk using this metric, a counter argument for higher sustainable PE's are justified given the relative level of interest rates at present.

[Ian Stiglingh @ianstig]

Wil hierdie snapshot net hier los as evidence dat ek een keer voor @SchalkLouw was in F1 fantasy.