JesseMorgans

JesseMorgans

There is no doubt that the S&P 500 is expensive on almost any valuation metric. If one "zooms out" a few things become overwhelmingly apparent. The first is that pre-great depression and dot.com bubble, the index was well above its average trend line as it breaks into the blue shaded area. Currently the index has broken into the blue shaded area whilst testing the...

JesseMorgans

The highlighted areas show time of higher vol in the S&P 500. At face value it looks like numerous spikes in vol and part of the course when investing in the worlds most popular index. 2022 is set to be a year of increased vol, making this chart one of the ones to focus on during the course of the year. Interest rate will rise, geopolitical risks are very high,...

JesseMorgans

Based on the signals, it looks like the odds are in favor of a weakening rand.

JesseMorgans

Standard Bank is far from a “quality” company, and they arguably have several structural headwinds over the next several years. Nevertheless, the company seems to be trading at a discount. Standard bank suffered a +/- 55% reduction in their annual earnings per share from 2018 – 2020. This has resulted in the annual debt to EBITDA more than doubling from 2019 to...

JesseMorgans

Could the wedge give rise to a massive breakout? I've come to terms with the fact that XRP probably isn't going to have any meaningful surge until the SEC debacle has been dealt with. Sadly, this could extend into early 2022. It is what it is. The SEC is wrong and the support for XRP is too big to ignore let alone the utility of the ledger. Please note that...

JesseMorgans

for a South African citizen, global assets are essential given the fact that the South African market only constitutes around 1% of the global market whilst the South African economy constitutes 0.4% of the global economy. Simply put, South African need exposure to assets which are susceptible to short term movements in the Rand. The chart shows the ZAR/USD...

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I hate to say it but it looks like the index is in need of a retracement. Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.

JesseMorgans

NEE looks like a really interesting stock at the moment. Based on the quant signals it looks like its in need of a retracement before any meaningful upward move thereafter. The company appears to have a relatively strong balance sheet and provides a range of services within the renewable energy sector including power generation from wind, solar and natural gas....

JesseMorgans

Those who are holding onto cash, buy the dip and hold fast. Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.

JesseMorgans

There's a lot that can be said about Baidu and its prospects going forward as well as its current valuation. Needless to say, the data that has come out as well as the analyst's ratings reports show that the prospective growth in earnings is comfortably towards the upside, supported by solid fundamentals. The signals on the weekly chart also look very promising....

JesseMorgans

The strength in the rand is partly due to the high demand in commodities of which South Africa is a large exporter. It is also partly due to the fact that South African government bonds are offering high real yields compared to that of its peers. These factors feed the demand for the rand and thus resulting i a stronger currency. There is also the case of a...

JesseMorgans

I think ETHUSD needs a healthy retracement before it pushes higher. Don't panic if ETH sells off by 30%. The signals have found consensus around ETH being over bought. Full disclose, i own ETH and despite my view that it should correct over the next 2 - 3 weeks, I'm not going to sell out or reduce my exposure. This is partially due to the tax consequences of...

JesseMorgans

Trading signal The signals suggest that the ETF is oversold. It should start to appreciate in price over the coming week. Time to add to your position or to add the ETF to your portfolio. Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you...

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We had a wedge forming in February through to March after which it broke out by 281%. The current wedge has been forming for just shy of a month now. I think we will see further downside before we see the next meaningful rise in the price of XRP. Trading Signals The trading signals suggest that XRP could fall to around $1.47 before it completes the wedge...

JesseMorgans

Twitter's earnings came in below consensus forecast which saw a 15% drop in the share price. Its a stock that has had a disappointing long term performance with a history of upsets in its results. The question is do we buy it at the current price or should we expect further downside? Trading signal The signals suggest that Twitter is oversold. It should start...

JesseMorgans

Bitcoin looks like its formed a double bottom whilst the trading signals suggest that its ready to go higher. Bitcoin should have reached new highs by the end of the month. Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a...

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Ripple looks set to continue its upward momentum after a health cooling off period. The bounce should take place within the next 1 - 3 days. Fingers crossed :D Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader. Please note...

JesseMorgans

Accurately and reliably forecasting a currency is near impossible, however, its easy to have an opinion. The question is, what do you base your opinion on? As a South African, I follow the rand closely, particularly against the US dollar and the pound. One can use a purchasing power parity (PPP) or real effective exchange rate (REER) chart to calculate a "fair...