Richard Thomason

This ETF needs to re-claim higher ground or be in trouble $GLD

Today ended the note on a high, with both the largest single-day gain and the largest monthly gain. It’s extremely unlikely that I'll be able to replicate this in the future, and I know I was really lucky to have the market cooperate. Good night.

Here's a snapshot of key ETF performance across asset classes in October and year-to-date. October was a month of extremes. Growth was down 5.5%, while Value rallied 5% to new all-time highs. Energy and Staples were up 10%+ while Tech and Comm. Svcs fell 8%+.

$IOC.JO iOCO continues to deliver on its capital allocation strategy, buying back nearly 3% of its issued shares in the two weeks since its FY26 results. With cumulatively R2 per share in FCF guided for FY27 and FY28 (against today's R4.38 close) and management targeting a cut in the share count from 620m to 500m by FY28, it's still early innings – and that's before the pipeline of accretive roll-ups.

South Korea’s stock market $KOSPI is down so bad that the president is telling people not to commit suicide

Fourth straight day living above the 50-day EMA for Clicks Group, in a poor tape as pointed out by @Mercedarians. Not a trend change yet, but probabilities are growing. One to watch closely. Conservative counter. Positive sector momentum too, good DCP move today.