Check those muscles out…

The JSE (1.11%) seems as invincible as Lance Armstrong in the Tour de France, with another record high, the third for this week.

The Efficient Group says that the resource and financial stocks were the best performers while the Platinum producers were the only bleak spot. Standard Bank (3.50%), Nedbank (3.51%) followed in South Africa’s super glug-glug’s slipstream, Sasol (4.46%), higher.

The sales for the first quarter helped Edcon (3.65%) higher while Angloplat (-2.28%) and Northam (3.38%) got left behind as they could not follow the peleton. The weaker currency was a welcome breeze in the back for the JSE with all the gains made the previous day given back.

Despite Emily officially being classified as hurricane oil prices declined, as it seems as if the young lady would not release her fury on the oil producing region in the Gulf of Mexico.

US markets were positive as the dollar strengthened, with the twin deficits seemingly smaller than initially expected. This is after the US trade deficit were reported as $55.3bn compared to expectations of $57bn.

European super-domestiqués the large oil conglomerates and vehicle manufacturers lead European markets to reach new three year highs. Asian stock markets are moving higher in the standings following in the draft of the strong US and European drivers, while AMD and Apple are the stars for this team.

We expect today to be another mountainous stage but it is expected that like yesterday the finish line will be on a mountain top.

Business Day:

* A bejewelled China could see gold price rocket

* IDC upbeat on Alcan smelter at Coega

Sake-Beeld:

* Vakbonde sê goudbase beledig met hul aanbod

* Edcon se omset styg met 25%

Moneyweb:

* Surging building costs a bane for home builders

* UCS buys IT firm for R48-m

Business Report:

* Solidarity puts own inflation index to the test

* Van Schalkwyk clears final hurdle to Darling wind farm