909 replies to this topic

[BBW]

CML ... never fails to amaze me.

 

Like when it dropped more than 7% after results ; the wife's still upset because of the margin calls I had to answer with bond money!

[HendrikB]

What a day! Made good money today. Went overweight last week. Paid off big time.

[Safrican]

CML ... never fails to amaze me.

 

Good day again today.

 

[Zero Hedge]

absolutely correct...also read somewhere US also has some index changes which could see a sell off on big shares especially Catterpillar!!

For the CML bulls...if my portfolio was still massively overweight CML I would use today's buying in CML to rebalance...

[HDB]

That is correct...only MSCI changes...but I expect this to have some impact on ALSI futures in the run up to and around closing auction ...as there will be action in cash market that will ultimately feed through to futures market...so be carefully this afternoon if you trade ALSI

absolutely correct...also read somewhere US also has some index changes which could see a sell off on big shares especially Catterpillar!!

[Zero Hedge]

Zero there is no TOP 40 index changes right?

That is correct...only MSCI changes...but I expect this to have some impact on ALSI futures in the run up to and around closing auction ...as there will be action in cash market that will ultimately feed through to futures market...so be carefully this afternoon if you trade ALSI

[HDB]

Zero there is no TOP 40 index changes right?

[Zero Hedge]

and now you tell us!!

Was little busy this week...today is 1st time this week that I am posting...herewith the full list of expected flows:

 

Major SA Changes:

CML SJ: Added to the Index with expected flows of +8m shs (11x ADV).

 

RLO SJ: Deleted from Index with expected flows of -6m shs (9x ADV).

 

List of other weighting changes in SA:

             Shs         Value         xADV
AMS SJ    -0.5m      -$23m        2.2x
INL SJ     -0.7m      -$6m         1.2x
KIO SJ    -0.6m       -$21m        1.3x
MMI SJ    -3.5m       -$9m        1.8x
RDF SJ    -7.5m       -$7m        1.4x
SHF SJ    -5.1m       -$26m       0.7x
TRU SJ    -2.4m       -$19m       1.4x
APN SJ    -1.0m       -$27m       1.5x
SPP SJ    -0.4m       -$5m        1.2x
BVT SJ    +0.4m       +$10m       0.4x
DSY SJ    +0.8m       +$7m         0.9x
NHM SJ   +1.1m       +$5m         1.8x
PPC SJ    +0.7m       +$2m        0.5x
SHP SJ    +0.7m       +$11m       0.5x
ABL SJ    +0.9m       +$1m         0.1x
TFG S     +0.2m       +$2m         0.2x
GRT       -2.4m       -$6m          0.4x
MTN S    -1.2m       -$27m         0.3x
SBK SJ   -0.9m       -$12m         0.3x
ANG S     -0.3m       -$4m          0.3x
HAR SJ   -0.3m       -$1m          0.4x
MSM SJ   -0.1m       -$1m          0.4x
NPK SJ   -0.4m       -$1m          0.2x
NTC SJ   -0.7m       -$2m           0.2x
SOL SJ   -0.4m       -$22m         0.4x
WHL SJ   -0.5m       -$4m           0.2x

[HDB]

Big MSCI EM rebalancing today...CML going into index replacing RLO...so big buying in CML today and  in closing auction.

and now you tell us!!

[Zero Hedge]

No news out. Perhaps sellers dried up as she had gone flat for some days. I was expecting her to start climbing later next week for the

divi. Not so soon.

Big MSCI EM rebalancing today...CML going into index replacing RLO...so big buying in CML today and  in closing auction.

[orca]

No news out. Perhaps sellers dried up as she had gone flat for some days. I was expecting her to start climbing later next week for the

divi. Not so soon.

[Queen B]

Seems like something happened just after 12pm today

Price suddenly started rocketing up toward the R100 mark again

[TradeBit]

Is that not a Morning Star candle formation she confirmed today? If so, a reversal of the short term down trend is on the cards. Today's green candle is halfway up the red one of 2 days ago after yesterday's flat body candle.

Hi Orca,

 

Interesting conclusion. Lovely stuff, candle sticks.

[M e r l i n]

Well, there she goes.  I have a TP of 105.00.  Then Im gonna take my chips off the table.  

HDB is right in saying market is overpriced.  I want to make sure I've got enough cash in hand

when panic sets in.  Then I can start feeding again.

 

As it is, with a aggregate PE of 19, the JSE is more expensive than ever.

I am with you HendrikB, I am in for 104.20 and I am out like a light when it goes there again.

[orca]

Is that not a Morning Star candle formation she confirmed today? If so, a reversal of the short term down trend is on the cards. Today's green candle is halfway up the red one of 2 days ago after yesterday's flat body candle.

[HendrikB]

Well, there she goes.  I have a TP of 105.00.  Then Im gonna take my chips off the table.  

HDB is right in saying market is overpriced.  I want to make sure I've got enough cash in hand

when panic sets in.  Then I can start feeding again.

 

As it is, with a aggregate PE of 19, the JSE is more expensive than ever.

 

[Investor1]

[HDB]

HDB, to be fair though, most shares are green if the ALSI is green, and vice versa...

 

Gamma, second your goldfish comment

 

My argument is proxy for market!!

[Shi]

Std Bank has TP of 6800c

[dominant]

HDB, to be fair though, most shares are green if the ALSI is green, and vice versa...

 

Gamma, second your goldfish comment