7058 replies to this topic

[AJS]

placed order ANG long 13109

Still a gap at 125.50... Hopefully it will bounce for you!

[delta66]

placed order ANG long 13109

[AR88]

Buy the dips in good stocks.

Next week will be bullish.

 

Imperial

Sasol

New Gold Platinum

Anglo American

Mondi

Coronation

 

Why do you think next week will be bullish?

[Proff]

 

The key to growing wealth is a growing world

 

And the global economy is growing. That's not based on one data point or some convoluted gross domestic product survey.

And one of my top "real world" indicators is showing me something I think every investor should see.

 

If you really want to know what's happening in the world economy, don't look at retail sales, money supply, or unemployment. Look at the movement of goods around the globe. Look at shipping.

 

The Baltic Dry Index (or BDI) is one of the most common "benchmarks" of shipping activity. This index measures a combination of different shipping prices and gives a clear view of the cost of shipping dry goods by sea. (Dry goods include coal, grain, sand, wood chips, and iron ore.)

 

When economic activity picks up, more goods get shipped and shipping rates rise.

 

You'll usually see the BDI cited as a snapshot of what's happening at the moment in the global indicator. But the BDI also has an excellent track record of signaling trends ahead of time – as producers try to predict demand and order goods beforehand.

Right now, the index is on its best run in two years. This is a sustained trend. But as the chart below shows, we're coming off low levels for most of 2012. So this isn't a runaway boom in the global economy  just more confirmation that things are looking better and better.

 

 

Keep in mind: You have to be careful reading the BDI... In addition to demand from producers, it also can reflect changes in the supply of ships. That complicates the index's signals. For example, if shipping volumes are so bad that companies are mothballing or scrapping vessels, prices can rise from lack of supply, and vice versa.

 

Fortunately, you can check the BDI by looking at exactly how many ships hit the major ports and how much cargo they carry.

 

As you can see in the following chart, volumes at three huge global ports are high and rising...

 

 

If you're worried about a slowing Chinese economy, the port traffic in Singapore, Hamburg, and Los Angeles should put those fears to rest.

 

Looking at these charts, the only thing I see is a healthy global economy.

 

A lot of smart folks are predicting trouble ahead. They see lots of reasons to be cautious about stocks.

 

But I disagree. The numbers I'm seeing say the "slow-growing economy" trade is the right one.

 

Very valuable posts from you today

[delta66]

small long on GFI at 4650

[Sunesis]

The key to growing wealth is a growing world

 

And the global economy is growing. That's not based on one data point or some convoluted gross domestic product survey.

And one of my top "real world" indicators is showing me something I think every investor should see.

 

If you really want to know what's happening in the world economy, don't look at retail sales, money supply, or unemployment. Look at the movement of goods around the globe. Look at shipping.

 

The Baltic Dry Index (or BDI) is one of the most common "benchmarks" of shipping activity. This index measures a combination of different shipping prices and gives a clear view of the cost of shipping dry goods by sea. (Dry goods include coal, grain, sand, wood chips, and iron ore.)

 

When economic activity picks up, more goods get shipped and shipping rates rise.

 

You'll usually see the BDI cited as a snapshot of what's happening at the moment in the global indicator. But the BDI also has an excellent track record of signaling trends ahead of time – as producers try to predict demand and order goods beforehand.

Right now, the index is on its best run in two years. This is a sustained trend. But as the chart below shows, we're coming off low levels for most of 2012. So this isn't a runaway boom in the global economy  just more confirmation that things are looking better and better.

 

 

Keep in mind: You have to be careful reading the BDI... In addition to demand from producers, it also can reflect changes in the supply of ships. That complicates the index's signals. For example, if shipping volumes are so bad that companies are mothballing or scrapping vessels, prices can rise from lack of supply, and vice versa.

 

Fortunately, you can check the BDI by looking at exactly how many ships hit the major ports and how much cargo they carry.

 

As you can see in the following chart, volumes at three huge global ports are high and rising...

 

 

If you're worried about a slowing Chinese economy, the port traffic in Singapore, Hamburg, and Los Angeles should put those fears to rest.

 

Looking at these charts, the only thing I see is a healthy global economy.

 

A lot of smart folks are predicting trouble ahead. They see lots of reasons to be cautious about stocks.

 

But I disagree. The numbers I'm seeing say the "slow-growing economy" trade is the right one.

 

[BBW]

Buy the dips in good stocks.

Next week will be bullish.

 

Imperial

Sasol

New Gold Platinum

Anglo American

Mondi

Coronation

Hmmm, got them all, and 10 others...

[soutie]

IMP short showing some green

Always nervous with this one

[Sunesis]

Buy the dips in good stocks.

Next week will be bullish.

 

Imperial

Sasol

New Gold Platinum

Anglo American

Mondi

Coronation

[AJS]

Hmm, you think it's heading further?

 

Eish, I'm a bit confused to be honest. Want to buy in, but not sure where this one wants to go.

[cuzin]

Looks like SOL is happening... Contemplating it.

Hmm, you think it's heading further?

[AJS]

so what's happening today guys?

 

Looks like SOL is happening... Contemplating it.

[cuzin]

so what's happening today guys?

[Zero Hedge]

There is 3 deals on table that will close between Dec 2013 and Apr 2014. They still need to agree on terms for one of the three ie GSK. The 3 deals combined will take net debt from R11bn to around R35bn. This means company will not and can't announce any new deals for next 12 months. Go to APN website and look for analyst year end presentation under investor relations tab. Contains all the info on the latest deals. They have also guided market that revenue of these are heavily skewed towards H2 whilst they will incur the transaction cost and interest charges in H1 already. The investor presentation is a must to understand how they are busy transforming this company.

[cuzin]

Zero so when do you think they will be announcing the deals?

[Zero Hedge]

The other problem with APN is that it is a market darling so crowded long and some of the large accounts are looking to take profits in the name post full year results. Also APN can't announce new deals any time soon as they will be breaching some debt covenants for a short while and they need to integrate all the deals annnounced over last 3 months. Still a great company with great management team but share needs to consolidate at these levels first.

[gamma]

Yep. Thanks, it makes sense. The decision by the fed was the answer I was really looking for cause I'm still learning how to apply fundamental news to markets so thanks again gamma. Big moves today.

 

no problem.

 

by the way, trading a news event is an art form in itself. there are lots of strategies one can employ. If this interests you look around the internet and you'll find it. 

[Investor1]

I think he meant that covering was forcing a second position of the same stock if your broker allows it either in the same account or another account in the OPPOSITE trend/position....  also called hedging...

 
no guys,
Short covering is not hedging
http://www.investope...ortcovering.asp
 
basically just a fancy term for closing a short position

Yep. Thanks, it makes sense. The decision by the fed was the answer I was really looking for cause I'm still learning how to apply fundamental news to markets so thanks again gamma. Big moves today.

[gamma]

I still maintain APN had is irrational uptick and needs to rest now...

 

 

Good call Zero. you were spot on

[gamma]

I think he meant that covering was forcing a second position of the same stock if your broker allows it either in the same account or another account in the OPPOSITE trend/position....  also called hedging...

 

no guys,

Short covering is not hedging

http://www.investope...ortcovering.asp

 

basically just a fancy term for closing a short position