Overview of the Market
The Rand
South Africans will have been watching the steady decline in the rand to below R17 to the US dollar with resignation and some despair. It seems as if our currency is always losing ground, making it more and more expensive to travel overseas while increasing local inflation and especially the price of petrol.
The
Tesla
By opening an Easy Equities account, South African investors can apparently buy shares in Elon Musk’s disruptive American electric vehicle (EV) company, Tesla (TSLA).
As we have made clear in these articles, the world’s share markets are firmly in a bear trend which we think will persist for some time. Despite this, it
JSE Overall Index versus S&P 500 Index
The comparative relative strength index (CRSI) is a very useful indicator. It simply divides one data stream in your software by another and then draws a chart of the result. This enables you to compare the growth in the two data streams against each other graphically.
Consider the chart: