Johannesburg Stock Exchange (JSE): Resources are KING

2018年8月28日

I am very excited that the Johannesburg Stock Exchange (JSE) has been added to the TradingView data sources. This gives South African investors an opportunity to use the flexibility and ease of TV. As my first post I would like to highlight the performance of the Resources Sector. The South African economy was built on resources and has been under performing since 2008 (see chart below). But since 2016 this has changed and Resources are out performing the other sectors. The other sectors have also shown an upturn in August and with the Rand (ZAR) weakening on the back of emerging market jitters this could be a great Sector to find trades.

2018年8月28日

註釋

Index comparison since 2008:

2018年9月9日

註釋

Resources are overbought at the moment and set for a pullback.