Relative Ratio: JSE Insurers vs JSE Banks
The following content is an extract from this morning's client research.
In terms of single stocks, one of my ideas is a local pairs (market neutral) trade idea from the commodities/mining sector. For more insights and real-time ideas, or if you are considering an alternative trading services provider get in touch today.
Another chart/insight published to clients is the attached ratio chart highlighting the performance of JSE Insurers vs JSE Banks. I think this ratio/relative chart is something we need to pay attention to over the medium term, especially from a relative sector allocation perspective.
Text as follows:
"JSE Insurers (Equally-Weighted) vs JSE Banks (Equally Weighted) | The daily chart shows insurers potentially starting to outperform vs banks as it develops a double bottom formation while the weekly 14-period RSI (lower panel) shows the indicator printing a positive divergence."
Disclaimer: The above content should not be considered an investment recommendation.
In terms of single stocks, one of my ideas is a local pairs (market neutral) trade idea from the commodities/mining sector. For more insights and real-time ideas, or if you are considering an alternative trading services provider get in touch today.
Another chart/insight published to clients is the attached ratio chart highlighting the performance of JSE Insurers vs JSE Banks. I think this ratio/relative chart is something we need to pay attention to over the medium term, especially from a relative sector allocation perspective.
Text as follows:
"JSE Insurers (Equally-Weighted) vs JSE Banks (Equally Weighted) | The daily chart shows insurers potentially starting to outperform vs banks as it develops a double bottom formation while the weekly 14-period RSI (lower panel) shows the indicator printing a positive divergence."
Disclaimer: The above content should not be considered an investment recommendation.
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