Welcome to Our Website
Stock Market Outlook | Quick Performance | Stock Market Calls
We focus on providing people with the knowledge to invest! Learn how to trade stock markets over time. Fine tune your skills while building your capital. Investing is not easy but it can be simple. Let's start investing by taking small steps. Come on stock market courses and download our investor club membership form! Start today!
Catch us on CNBC AFRICA Channel #410
We provide a technical analysis perspective on the markets every second Tuesday with CNBC Africa on DSTV Channel #410 at estimated 9h30 time slot.
SUMMARY: NOV 2009 OUTSTANDING! | DEC | JAN FEB MAR SEPT OCT 2010...
August 2011...
The market takes a pounding again and we short ther hell out of it.
We also looked at shorting the base metals early in the month and then swinging the position near the end of August again
We mentioned on CNBC Africa our position would be one of more upside relief rally at the end of August which took place and we traded long buying KIO, EXX and AGL along with the markets such as SP500, Dow Jones and the ALSI!
BUT THERE is BIG Trouble coming. As markets hit resistance levels from the Relief rally surge the momentum reversed and we now are short again selling the markets as well as base metals running into September. GOLD and platinum and silver look to be acting as good quality hedging tools again.
Some trades returned the following results:
Over 3000 pts on the ALSI x R10 (1 futures contract) = over R30 000 profit
Long KIO, AGL and EXX each providing R30, R18 and R15 respectively in LESS than 2 weeks!
Email: warrick@wealthskills.co.za to get back copy samples of our stock market newsletters.
July 2011...
The market rally continues to the resistance of 12600 on the Dow Jones and 1360 on the SP500 as reference points in general and we expect a pull back to test the support level and provide continuation patterns.
Gold rallies and Silver confirms the move higher with an excellent rally while bonds become more risky and the equity markets find themselves at resistance levels once again and ripe for profit taking.
We also opened positions on the following: Gold, Silver, KIO, EXX and others along with small positions in YEN, CHF and NZD longs
June 2011...
Another retracement with the markets coming under some major pressure to the 200SMA on the SP500 at 1255 before finding a bottom and bouncing.
Our SMS on Monday 27th June alerted members to a Global Market Event confirmed across numerous indicators that the markets had bottomed out and a bullish reversal rally was in line.
Our move was at least 10% from this timed Global Market Event within a week across multiple indices such as the Dow Jones, SP500, the JSE All Share top 40 index and Gold and Silver.
With roughly 45 points profit on the SP500, 350 points on the Dow Jones index and over 600 pts on the ALSI Top 40 index it was a fantastic week!
March 2011...
We took shorts on AGL and the ALSI Near contract for massive profits on the downside moves taking place from the 7th March.
We took a small profit on a bounce trade on AGL and BIL before they fell lower again.
We continue to wait for the commodities to settle at discounted prices before entering longs again.
At times, we may look for shorts on these stocks as well however prefer to take profits quickly and in the short term.
Banked over 1500 pts on the ALSI Near contract in 1 week.
We discussed how the bond yield charts would break support and head lower from the resistance of 4.8% to at least the 4.45% level.
March 13th commentary: We discussed how the DOW would head to 11700 | SP500 would hit 1265 at least
To name a few...
February 2011...
We opened Long or buy positions on the 2nd and 3rd February
Exxaro | AGL | BIL | Kumba | Implats | Metorex | Merafe |
We waited patiently for the RESI and resource based stocks to retrace tot heir respective support levels and correlated with global market indicators we teach on our Trading Mentorship to open these positions with some of them already offering massive profits in just 2 days!
January 2011...
We closed the RESI, Base Metals and Commodities spot price charts, closed the dollar long @ support of 1.28 to the Euro, closed BDI
All of our positions opened in mid November for example:
Exxaro 20% | AGL 12.5% | BIL 5% | Kumba 14.5%| Implats 11% | Metorex 10% | All provided at least 10% profit per position (except Billiton) on the equity or full 100% return on your margin if using geared instruments like CFDs or Spreads or Futures.
We did take a 100c loss when ASPEN stopped out of our trade @ 9100c
The Baltic Dry Index made over 100% profit since November 2010!!!!
Markets are top heavy now but only in the short term...
November 2010...
We bought the RESI, Base Metals and Commodities spot and sold Standard Bank, bought the dollar, Sold Baltic Dry Index
Recently closed RESI, Plat and Base metals positions before resource stocks pulled back following the commodity sell off.
*** Still bullish on RESI and commodities long term ***
October 2010...
We bought Foschini, Shoprite and Mr Price beginning of Sept 2010 and also bought Standard Bank, sold the dollar
11th October update: We have closed all of these positions except Standard bank in very good profits. We took a short in Exxaro which was stopped out incurring a small loss of 250c a share or about 2%.
Our position on the dollar saw it going to 6.88 against the Rand from 7.24, similar for the euro and yen charts as well. While the dollar weakened precious metals rallied as a hedge against the weaker resource based currency.
We feel the stock markets are very top heavy in the short term with a pull back pending despite the bulls charging on at present. However the LONG TERM charts look very bullish for the next 4-5 years.
Resources look very strong while the dollar tests support. However, the dollar could swing for the short term putting pressure on commodities in the short term.
Another double figure return for our members!! An amazing 14% in less than 7 days!
7th October Midweek update to members discussed a short term trade in COAL or [CZA] at 865c with a stop loss of 15c. Our profit target was the 50ema or 986c as of the 11th of October for an amazing 14% return in less than a week!
In August we spoke of the stock markets being held at resistance and finally the triple tops and double tops broke down and from the 24th August took shorts as the global indicators tested resistance again before selling off.
Our Stock Market Performance from our Wealth Skill's Club is set out below! In June 2010, we presented our view of a Macro Wave A, B & C on weekly charts following a bullish wave cycle completion at the PEAK earlier this year. The recent bounce in the global stock markets resulted in the completion of the Macro Wave B and the start of Macro Wave C.
This build a body of evidence very supportive of a massive head and shoulders pattern formation on most global stock markets. Investors should be cautious at present with their long term or short term positions in equities. It is very possible that a major downside leg of the Macro Wave C is about to start IF the neckline of th head and shoulders is actually broken.
The DOW shows a 1400 pt bearish target putting the support at an amazing 8400 pts level.
We recently close all longs and reversed positions to shorts from the 24th June.
In November 2009 we discussed how the markets were top heavy at their resistance levels. We waited patiently for entries in to the stock market again and it happened on Friday 27th November in the afternoon.
We sent a special Stock Market Newsletter Update to our Wealth Skills Club members advising them that it was time to look for buying opportunities! What a fantastic move the market has seen since then! By being part of the Wealth Skill's club our members made money by buying on Friday afternoon and could (if traders) sell their positions soon, while investors entered positions buying shares at extremely low prices to hold for the next few months.
See our Quick Performance Results set out below!
If you’re not achieving at least double the inflation rate with your investments on an annual basis after costs, you are losing the battle. There is no way you can beat the rat race and elevate yourself or your family out of the daily slog of working for money.
Let us show you how you can over time develop great understanding of economic cycles and stock market cycles to benefit your financial decisions and status!
Your feedback is very important to us and we will do everything to fulfill your wishes. More...
Quick Performance Quick Performance QuickQuickQuick Quick Performance Services 1
We bring weekly Market Outlook for our club members. Visit our Quick Performance Review section regarding a weekly Stock Market Outlook.
Stock Market Courses Services 2
If you want to find out more about our stock market training and personal coaching options visit the Stock Market Training section now.
Wealth Skills Club Services 3
Please Remember that our Forum is for Wealth Skills Club members only. To become a Club Member you just need to complete the member form...
We Accept:
Three Ways to Order Cards
If you really want to achieve investment goals find out your investment personality.
Try the Wealth Skills Newsletter Club - includes Monthly Skype Conference call!
Recent Stock Market Newsletter comments...
June Month 2011
We bought Gold, Silver, SP500, DOW Jones, ALSI & Platinum from the 27th June when we noticed a massive Global Market Event taking place
We have taken profits in a number of these positions and closed some totally. Gold was closed at $1609 and Silver was also closed at $40.25 while the Dow Jones was closed at 12600 to name a few.
These closures mainly took place in July2011.
We bought KIO and EXX as well.
Sept & Oct 2010 Months
We bought Foschini, Shoprite and Mr Price beginning of Sept 2010 and also bought Standard Bank, sold the dollar
12th October - We have closed our long in Standard bank as it closed below the 10 day moving average with a small profit.
11th October update: We have closed all of these positions except Standard bank in very good profits. We took a short in Exxaro which was stopped out incurring a small loss of 250c a share or about 2%.
Our position on the dollar saw it going to 6.88 against the Rand from 7.24, similar for the euro and yen charts as well. While the dollar weakened precious metals rallied as a hedge against the weaker resource based currency.
We feel the stock markets are very top heavy in the short term with a pull back pending despite the bulls charging on at present. However the LONG TERM charts look very bullish for the next 4-5 years.
Resources look very strong while the dollar tests support. However, the dollar could swing for the short term putting pressure on commodities in the short term.
Another double figure return for our members!! An amazing 14% in less than 7 days!
7th October Midweek update to members discussed a short term trade in COAL or [CZA] at 865c with a stop loss of 15c. Our profit target was the 50ema or 986c as of the 11th of October for an amazing 14% return in less than a week!
August Month
We watched gold reverse and entered a long trade from $1217 and exited at $1228. We also shorted Platinum from $1530 to $1495.
There were a number of shorts from the time the moving averages crossed down and the markets used the 50ema as resistance. We went short on the 24th August across the board in the weakest sectors.
We also discussed how the dollar was going to go stronger against the Yen and Euro and Rand which it has.
June Month
We started off by taking longs in the middle of the month and not much later closed all of them as the relief rally ended at resistance of the 50ema. They resistance was confirmed by reversal patterns across all global stock market charts.
We held a long in GOLD from $1170 to $1230 and shorted numerous platinum and base metals stocks. Major indices were also shorted such as the S&P 500, DOW Jones and DAX.
May Month
We closed all of our long positions and equity holdings in April. We avoided all of the pain in May. The month that is well documented as the month to "Sell in May and go away" kept up its reputation in 2010.
With the downward Wave A cycle to follow after a major Wave 5 cycle completion the market was expected to move lower. Numerous sectors took a pounding and we focused on the weakest. Platinum and other resources seemed hardest hit with some focus on general finance sector also taking a knock. GOLD however was strong and the price ourpterformed the market most of the time.
OIL also went weaker as the dollar strengthened against most other currencies. We discussed how the dollar was going to stengthen considerably with a price target at 1.22 to the EURO.
April Month
Bulls are tough even when they see red! We discussed for three weeks how the market was overdue for a pullback or sell off. The final straw was the Greece Debt Crisis which hit hard across the globe on the 27th April Public Holiday.
Up until then, see our recent market decisions:
We closed Mvelaphanda
We closed platinum @ $1742
We closed Gold at $1180
Exxaro was closed
Look at buying Financials, Gen Finance sector tentatively
Everything else closed except for Standard Bank, Kumba & PSG.
March Month
In the Ides of March -
Holding Kumba
Holding Aspen for investors
Holding Mvelaphanda for investors
Didata is closed at profit
Billiton was closed at 25000c
African Rainbow minerals was closed at 20500c for traders; investors to hold unless entry is broken
Buy PSG, Old Mutual and already exited for short term traders from PSG; investors to hold
Buy Merafe @ 140c and closed at 162c for traders
Buy Northam @ 4800c and close at resistance on 5250c for traders, investors to hold.
Watch GOLD to test $1125 level with reverse head and shoulders to go back to $1145 if neck line breaks.
Buy Platinum with 1st target @ $1682 followed by $1782
Buy Exxaro with target 12500c; investors to hold
A few other positions were taken and managed.
Overall, an excellent month for resources and general finance stocks as mentioned in our monthly investment club meeting and discussed in our stock market newsletters. We eased out of TECH and SCOM stocks as well with a retracement due.
In general, Wealth Skills members had the opportunity to enjoy about 10% on average return for the month.
Well done!
To get Stock Market Quick Performance Summary of previous months, click on the month below:
Our Stock Market Outlook March 2009
We provide a stock market outlook in a weekly newsletter to investment club members. In March 2009, we published an edition stating that the bottom of the stock market was reached and that the stock markets will start recovering. We stated a number of reasons for this view on the markets, as to how we drew this conclusion. Since then the global stock markets are up between 30-50% from the lows in March 2009!
See our quick performance review section for some our more recent stock market calls. This is a summary of our investment club newsletter outlook. To find out more, visit our Wealth Club section.