Two Blokes Trading

In this episode Jonathan and Rory talk about recent events in the markets and what their opinions are going forward. The Blokes take a look over FX, commodities, indices & Stocks. The hot topic was APPLE loosing $200 billion in market cap in less than a week, the blokes offer their opinion in the future direction of APPLE stocks. A highlight from last week was the downgrade of US debt by ratings agency Fitch’s where US debt was downgraded from AAA to AA+. This sparked some initial selling in the market, but Rory reiterated in the podcast that he doesn’t think this single event will cause anymore selling.On the Tuesday morning news released also stated that another ratings agency, Moody’s had downgraded US small and mid-size lenders which added pressure to financials. This was on top of the Italian government announcing a surprise 40% windfall tax on extra profits.Looking ahead into the week, Jonathan takes us through his prediction for the US dollar and the CPI report due to be released on Thursday. Forecasts expect inflation to rise to 3.3% on a year over year basis from July 2022. This reacceleration is nothing to worry markets & we should see little impact as a result. Oil and energy markets have been moving higher so the possibility of reacceleration has been priced in. What has not been priced in, is a trend of reacceleration of inflation back to higher levels which would cause the monetary policy committee to continue hiking rates perhaps above 6%. If this was the case, a very strong dollar could be expected.Rory also talks through recent earnings and the downgrades we have been seeing as well as the outlook for Apple as they have been struggling in the last few sessions and broke a major trendline.Check out the TWO blokes Trading APP

Rory and Jonathan talk about recent events in markets including the dollar, gold, USEquities and world indices. The Blokes also talk about recent events such as theUS CPI and this weeks data which includes RBA, ISM Surveys, Non Farm Payrollsand Unemployment Situation Report.In the podcast, Rory talks about the stronger than expected data on Monday and how itwas linked to a strong AUD and what he expected from AUDUSD for the short termas the RBA interest rate decision is in a matter of hours.Jonathan talks Gold and what his view is on XAUUSD moving forward into the second halfof the year. Considering the strong upwards movement, Jonathan believes pricestill has a lot of upside potential. Rory however disagrees and thinks Goldwon’t be able to breach $2000. Will Gold rally in 2023? Listen to find out both opinions.What Rory and Jonathan both agreed on was the price of Oil and where is will be heading.Both think that it could be headed towards $90 per barrel as production cutsseen by Russia and Saudi are set and as global demand doesn’t seem to beslowing down. Jonathan and Rory also answer a listeners question on how to stay motivated whentrading. This can often be a very difficult period for traders so make sure tolisten and find out more.Join the Two Blokes Trading APP for free…

In this weeks episode, Jonathan and Rory talk about the difference between Trading vs Investing. These terms are often used interchangeably amongst the retail community however, it’s important to distinguish their differences and to be aware that trading and investing often have different processes.Both Jonathan and Rory have different opinions on whether you should trade before investing or invest before you trade. However, both the blokes agree that learning the fundamentals to finance & economics is a great starting point as well as learning about technical analysis and sentiment.Jonathan and Rory also talk through their own processes for both trading and investing and highlight their key differences whether it’s in the trade idea generation process or whether it’s about risk management or psychology.The blokes then go on to talk about how retail traders have impacted the financial markets with the influence of wall street bets & other social platforms, plus the impact influencers can have on the markets. Whether you are taking your first steps in trading or investing it’s always great to hear the opinions of other likeminded trades hence why our app is a great place for members to share their thoughts with other members. Join the app for free…

Jonathan and Rory talk about recent developments in the markets including, strong selling in dollar which was later seen with strong buying which managed to see the DXY Index climb above 101.Rory mentions this thoughts around recent dollar buying stating that if dollar was to continue the downward trend it would need to be sold against another pair but what pair would he buy now that PMI reports are coming out weaker and inflation in the UK is starting to ease, decreasing the chances for higher rates that were initially thought of.Jonathan talks about the recent developments in equities as we are now in the middle of earnings season with lots of big names reporting this week including Google, Microsoft, Boeing , Meta and Exxon to name some. Earning so far this season have surprised mainly to the upside but can the momentum continue as markets seem to be under some pressure?Equities aren’t the only market that could be under pressure, Gold markets are also feeling a pinch after a great run from 1900 to 1980, XAUUSD failed to stay above 1980 as the USD continued higher above 101 and Gold could now be set to return to 1940 especially if the FOMC come out with a hawkish statement this week:Looking ahead, lots of data this week including; FOMC Rate Decision, ECB Rate Decision, PMI Reports and PCE data on Friday. Earnings are also in between all of these so volatility can be expectedKeep up to date by joining the app for free today.

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!Download The Two Blokes Trading APP

Jonathan and Rory talk about how the retail trading industry has changed in the last decade. The introduction of Instagram, TikTok and other popular social media platforms, these have been a haven for many charlatan educators, to showcase their fake results and lifestyle in order to lure retail traders. Rory also shares some recent examples of how he has seen the “influencer” lifestyle take over social media and why seeing isn’t always believing when it comes to Instagram.Jonathan discusses how before these times, traders found it difficult to find information regarding trading, but now the industry is a full of false information & it's hard for traders to access real education. Jonathan also explains how by learning from the right mentors can take years off your trading journey & fast track your path to successful trading.A new trend over the last few years has been the development of AI in trading and algorithms. Many large hedge funds and institutions spend billions each year developing quantitative strategies to beat the market. Jonathan and Rory argue the point that if they are spending billions to make 40% per year but Instagram traders will sell you a strategy to make 40% per month for small monthly fees, it’s obviously not going to work.In the podcast, the blokes also talk about the importance of risk management & trade psychology, two key factors that separates a good trader & a bad trader. The blokes also talk about how some retail traders make the same mistakes as they have never been taught correct risk management principles. The blokes then discuss the importance of staying objective when trading, how to stick to your trading strategy & not allow emotions to dictate your decisions. Download The Two Blokes Trading Community APP

Jonathan and Rory take over as Mike has departed from Two Blokes Trading to become a portfolio analyst at one of the UK’s leading pension funds. We wish Mike all the best in his new role and thank you for your valuable contribution to the podcasts.Last week seen US labour markets remain tight with unemployment declining to 3.6% from 3.7%, clearing the path for the Federal Reserve to hike a further 25bps in their meeting at the end of the month.Jonathan asks Rory what his view is on the current economic cycle, including if he thinks the fed have further to go in terms of interest rate hikes and what a stronger labour market means for the Dollar and US risk assets including equities.Currently US indices are in a strong bull market backed by a divergence of data from recent PMI’s that are suggesting the economy may be contracting, Jonathan asks Rory his opinion and where he sees many assets heading such as GBP/USD , EUR/USD, WTI Crude Oil and Gold.Jonathan also asks Rory for his opinion on Apple to which Rory thinks they are a great company but may be overvalued due to their “household name “ nature.  What he means by this is how he expressed in the podcast that If any retail trader had £100 to invest in a company, chances are they will choose Apple as they know the name.Rory also says that Apple’s success is down to their ability to make people repurchase a similar product such as the iPhone where people continually roll from phone contracts or simple just purchase a new phone to have the latest device.Check Out The Two Blokes Trading APP

In this podcast Mike and Rory share the theory behind how the NFP data release should be traded. The podcast investigates the details of what the NFP is and how it is typically announced. Rory mentions how the NFP is a leading indicator, however also explains that there are leading indicators that can be used for the NFP such as the initial jobless claims, PMI employment reports and more.Mike mentions on the podcast what happens if there is a positive announcement, one that is higher than the expected. Mike tells us that when payrolls are above expectations and participating rates are higher, then we can expect to see growth in risk assets such as equities, Fixed income products and the USD will rally.Rory shares his opinion on how a negative announcement can be a sign of a weakening economy the would require support that we could see equities and risk assets fall, Fixed income products gather strength and USD to drop.Both Mike and Rory agree that they think on Friday, for Junes NFP number it will be higher than the consensus of 225k and could be in the region of 240k-260k. This would be a positive announcement and could see growth in risk assets like equities.Find out more and join our free app

In this podcast, Mike and Rory start by discussing an under the radar under performance from the Brazilian Real on Monday, following the less than expected foreign direct investment into Brazil. The pair talk about how there is still room for growth in their opinion with the emerging market space and the difficulties that can often surround investing into emerging markets.Rory talks about how last Friday’s PCE number came in lower than expected finally below 4% and what this could mean going forward in terms of monetary policy, as well as how markets will recognise this move lower. He also talks about the implications of stubborn inflation at these levels.The Blokes also cover the recent market moves that many big tech names and other corporates are up following some out of Calendar earnings and price being pushed by macro tailwinds in general. Carnival cruise lines (CCL) is one company mentioned in the podcast, looking at how their negative earnings were still a positive for investors and how this landed the stock up higher.Rory talks about the week ahead in the podcast discussing the importance of the ISM Manufacturing and Services that is being released as well as listening out for the FOMC minutes also and not to forget the RBA interest rate decision. However, the highlight of the week and the one to watch will be the employment situation report (ESR) which is released on Friday, with the Non-Farm Payrolls expected to be 225k. The Blokes share their opinion on what they think NFP will be on Friday and to follow this podcast will be their opinion on how NFP can be traded.Download The Two Blokes Trading APP

In this episode, Mike and Rory discuss why 90% of traders lose money and how you can avoid being on the wrong side. Rory opens and mentions that too many people believe the BS narrative that comes from brokers who may have a conflict of interest with trading whether that is selling you false information or pushing you to trade products you have absolutely no idea about.Rory also mentions how most retail traders unfortunately treat trading like a casino, where they expect to deposit £100 and turn it into £100,000 in the most unrealistic timeframe. Mike talks about the importance of risk adjusted returns and how 5x your money every year is a very unrealistic approach, traders must seek out information and understand the distribution of returns for a trader each week, month, or year. This is the type of content we cover more of in our App. Rory follows on from Mike talking about some of the professional returns and what to expect from markets.The podcast also unveils the truth behind scams who claim to have proprietary software that for just a few quid each month you can have access to their ultra successful algorithm or quantitative strategy, that returns 20% per month versus funds like citadel who returned less than 40% in a year but charged in the region of $18 billion in performance fees and expenses to do so. Rory & Mike asks the listeners to think about this and see whether it makes sense because it doesn’t make sense to them.Download The Two Blokes Trading APP