Two US Stocks Looking Good | Commodities Quietly Having a Good Year

 

S&P 500 Bounce?

• After a rough start, Monday’s trading saw a small recovery. But with Trump’s "Liberation Day" tariff announcements looming, markets could be in for more volatility.

Budget Vote Approaches:

• The ANC lacks votes to pass the postponed budget, with opposition parties like MK and EFF holding out. Political and economic uncertainty remains high.

Commodities on a Quiet Rally:

• Gold (+19.5%), Copper (+26.5%), and Rhodium (+24.5%) lead the way, while oil and aluminium lag. The CRB Index is up 5.4% year-to-date.

Atlanta Fed GDP Now Update:

• Q1 GDP estimate revised to -0.5% from -2.8%. Adjustments for gold trade data make the outlook slightly less dire.

Amazon at a Discount?

• Stock down 20% from its highs, with a historically low P/E ratio of 34. Analysts see upside potential.

Amazon | Weekly Chat | 31 March 2025

Johnson & Johnson’s Dividend Appeal:

• Trading near $165, with a potential drop to $150 making its 3% yield even more attractive.

Johnson & Johnson | Weekly Chat | 31 March 2025

New ETNs on the JSE:

• Nvidia, Palantir, Novo Nordisk, and more available via FNB, offering exposure to top global stocks with local accessibility.

Simon Brown

* I hold ungeared positions.

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00:00 Market Overview and Economic Indicators 03:09 US Tariff Implications and Market Reactions 05:45 Commodities Performance and Economic Impact 09:03 Stock Analysis: Amazon's Market Position 12:00 Stock Analysis: Johnson & Johnson's Stability 14:38 Investment Strategies and Innovations