Clear market notes built around the JSE, the rand, and what matters locally.

2026-07-18 09:30 • The Motley Fool Positive Axe Cap view: Selective

The article advocates for passive index investing through the Vanguard Total Stock Market ETF (VTI) rather than individual stock picking. VTI provides broad exposure to 3,500+ U.S. stocks with a low 0.03% expense ratio, allowing investors to participate in overall market growth without the difficulty and risk of selecting individual winners.

Axe note: Broad US ETFs like Vanguard’s VTI offer simplicity, but local nuances mean South Africans should be selective.

2026-07-18 09:17 • The Motley Fool Positive Axe Cap view: Selective

Warren Buffett's approach to stock market crashes centers on three key principles: recognizing that markets always recover to new highs, maintaining patience rather than panic-selling, and aggressively buying quality stocks at discounts when opportunities arise. Buffett's success stems from confidence in eventual market recovery and a long-term investment horizon, contrasting with most investors who move to cash during downturns and gradually re-enter after recoveries are obvious.

Axe note: Warren Buffett’s strategy during market crashes boils down to patience and buying strong businesses cheaply.

2026-07-18 09:15 • The Motley Fool Positive Axe Cap view: Selective

ASML, which holds a practical monopoly on extreme ultraviolet (EUV) lithography technology, is seeing surging demand for its equipment driven by booming AI chip and memory markets. The company reported Q2 revenue of €9.3 billion, beating guidance, and raised its 2026 revenue forecast to €43-45 billion. With plans to increase manufacturing capacity by 30% and potentially another 30% in 2028, ASML appears well-positioned for long-term growth despite trading at a premium 35.5x forward P/E ratio.

Axe note: ASML’s booming EUV machine sales boost global chip making, with mixed local play implications.