In this weeks episode Jonathan and Rory talk through recent moves in the markets. Rory talks about how recent moves after the lower than expected UK CPI has created a risk on tone in the UK with GBP falling from recent highs and FTSE rallying firm.
Jonathan also discusses his thoughts on some FX pairs and explains how sentiment has started to change particularly as the dollar has been selling hard and other key levels in many major pairs are now approaching. Jonathan then goes on to discuss the uptick in Gold but the lack of demand from China & India seem to be capping gains, as well as discussing how Gold generally underperforms in the summer months.
Rory mentions how some major banks are calling for WTI Crude to reach levels close to $100 p/b by the end of summer and how production cuts from OPEC as well as increasing demand could see this as a probable cause.
The Blokes then go on to discuss how to trade Stocks, they talk through how to generate a macro led trade idea. Rory discusses how he generates his trade idea starting at the very beginning, coming up with a bias through leading indicators and then using a filtering process to then do a quantitative and qualitative analysis on the sector and companies.
Rory also discusses the importance of running a portfolio correctly and how important it is to know how to do it properly. This ranges from knowing how to hedge correctly , calculate statistics and performance reports as well as being able to effectively manage risk on a single asset and across the entire portfolio.
Rory goes into a lot more detail in the app on trade idea generation as well as portfolio management so to learn more, sign up today!