Commodities rolling over (#501)

Simon Shares Still stage 6. Rand continues to weaken. Naspers (JSE code: NPN) and Prosus (JSE code: PRX) both are holding well after the hard run the previous Monday on results and buy-back news. Resources under pressure, all of them. Supply chains adjusting Just in time is now just in case Higher inventories Higher costs More localisation Upcoming events; 13 July ~ To short or not to short with Markets.com 14 July ~ JSE Power Hour: Building a resilient portfolio for tough markets