Always one that bites ....

    All Channels      Market Reviews  

Derek  25 Aug 2017

Morning,

International:
The US had some profit taking in the middle of nowhere? The East is mostly positive this morning. I show the S&P500 and notice the HeatMaps .... neutral area.



JSE Technical:
Quite a few companies reported results yesterday, some good others bad .... like Woolies, Astral .... Good ones Bluetel, Bidcorp,Massmart.

I show British American Tobacco again. It did break the trend line yesterday with divergence.



Then there is always one share that comes and bite you. An artickle in Germany alledged that Steinhoff is doing fancy bookkeeping to avoid tax! The share fell like a rock! Notice the volume how investers fled. Like EOH .... where there is smoke, there is a fire!



You must have a fabulous weekend.
Download TradeFX™
 

Copyright © 2017 {Zoclee}™. All rights reserved.