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Momentum’s leading stockbroking division – Momentum Securities – will be bringing you their Stock Pick of the Week, each week on a Wednesday or Thursday. The stock pick motivation is available as written content and a downloadable audio clip.
The local equity market hit a new record high last week. The FTSE/JSE All Share Index rose above 67 000 index points for the first time, a level that seemed far away not long ago. At least one headline in a prominent local financial website asked if this points to a bubble.
The Department of Justice and Securities and Exchange Commission (SEC) in the US have both officially launched investigations into the GameStop surge.
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