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Bitcoin Fails at $100k & Hello Boxer (#612)
Manage episode 452234363 series 17433
Boxer IPO Hits the Market
- Boxer* (JSE code will be BOX) lists on 28 November, debuting at R54/share after a highly oversubscribed IPO.
- Strategies discussed for trading or investing in Boxer shares, including buying through Pick n Pay shares.
- Key takeaway: Patience is key; wait for potential pullbacks.
- Early evidence of consumer spending from the two-pot retirement system.
- Stocks like Mr. Price*, Pepkor, and Keith McLachlan’s picks (e.g., Afrimat, Netcare) reviewed as beneficiaries.
- Launched in 2000, the Satrix 40 has delivered an annualized return of 11.3%.
- Impact: Introduced passive investing and slashed fees for South African investors.
- Bitcoin fell short of the $100K milestone, retracing to around $93K.
- Analysis of big psychological levels in markets and what this means for Bitcoin's momentum.
Bitcoin | Weekly | 27 November 2024
Anglo-Platinum Share Sale- Anglo-American reduces its stake in Anglo-Platinum, selling at cycle lows.
- Discussion on PGM market challenges and future outlook.
- Announced 10% tariffs on all Chinese imports and 25% on goods from Mexico and Canada.
- Potential economic implications and geopolitical fallout analysed.
- The Rand holds surprisingly well despite DXY strength; predictions for 2024 suggest potential recovery.
- Gold price fluctuations and long-term bullish outlook.
US$ Index (DXY) | Weekly | 27 November 2024
Commodity Spotlight: Coffee and Cocoa- Coffee prices hit 20-year highs due to Brazilian droughts, impacting consumer costs.
- Cocoa prices stabilise after a surge, with Nestlé and soft commodity ETFs in focus.
- SG Fleet receives a buyout offer, boosting share prices.
- Opportunities in second-tier stocks like Invicta and Hudaco highlighted for a potentially improving economic environment.
- South African Reserve Bank increases rates by 0.25%, citing risks from core inflation and external pressures.
All charts by KoyFin | Get 10% off your order
00:00 Market Overview and Boxer IPO Insights 03:08 Two-Pot Money and Consumer Spending Trends 06:03 Satrix 40: A 24-Year Retrospective 08:51 Bitcoin's Psychological Barriers and Market Sentiment 11:40 Anglo-American's Strategic Moves and Market Reactions 14:58 Commodity Prices: Coffee and Cocoa Trends 17:49 Monetary Policy Committee Decisions and Economic Outlook
jj
534集单集
Manage episode 452234363 series 17433
Boxer IPO Hits the Market
- Boxer* (JSE code will be BOX) lists on 28 November, debuting at R54/share after a highly oversubscribed IPO.
- Strategies discussed for trading or investing in Boxer shares, including buying through Pick n Pay shares.
- Key takeaway: Patience is key; wait for potential pullbacks.
- Early evidence of consumer spending from the two-pot retirement system.
- Stocks like Mr. Price*, Pepkor, and Keith McLachlan’s picks (e.g., Afrimat, Netcare) reviewed as beneficiaries.
- Launched in 2000, the Satrix 40 has delivered an annualized return of 11.3%.
- Impact: Introduced passive investing and slashed fees for South African investors.
- Bitcoin fell short of the $100K milestone, retracing to around $93K.
- Analysis of big psychological levels in markets and what this means for Bitcoin's momentum.
Bitcoin | Weekly | 27 November 2024
Anglo-Platinum Share Sale- Anglo-American reduces its stake in Anglo-Platinum, selling at cycle lows.
- Discussion on PGM market challenges and future outlook.
- Announced 10% tariffs on all Chinese imports and 25% on goods from Mexico and Canada.
- Potential economic implications and geopolitical fallout analysed.
- The Rand holds surprisingly well despite DXY strength; predictions for 2024 suggest potential recovery.
- Gold price fluctuations and long-term bullish outlook.
US$ Index (DXY) | Weekly | 27 November 2024
Commodity Spotlight: Coffee and Cocoa- Coffee prices hit 20-year highs due to Brazilian droughts, impacting consumer costs.
- Cocoa prices stabilise after a surge, with Nestlé and soft commodity ETFs in focus.
- SG Fleet receives a buyout offer, boosting share prices.
- Opportunities in second-tier stocks like Invicta and Hudaco highlighted for a potentially improving economic environment.
- South African Reserve Bank increases rates by 0.25%, citing risks from core inflation and external pressures.
All charts by KoyFin | Get 10% off your order
00:00 Market Overview and Boxer IPO Insights 03:08 Two-Pot Money and Consumer Spending Trends 06:03 Satrix 40: A 24-Year Retrospective 08:51 Bitcoin's Psychological Barriers and Market Sentiment 11:40 Anglo-American's Strategic Moves and Market Reactions 14:58 Commodity Prices: Coffee and Cocoa Trends 17:49 Monetary Policy Committee Decisions and Economic Outlook
jj
534集单集
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