Into the Weekend

Yesterday we discussed recent action in stocks vs crude. Again, it’s key to keep an eye on this and understand how this will likely play out and affect other asset-classes and flows. Suffice to say, most will be looking for stocks to catch up with crude but as discussed in yesterday’s webinar session, it’s important to focus on price, fundamentals and context. In our opinion, short-term, participants have to be open to the fact that it may be crude that needs to catch up with stocks and especially given the current geo-political environment, we would definitely not be looking to go into the weekend with short crude exposure.
For newer readers, it’s always worth catching up on our Trading Reflections post.
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Wishing you a great day ahead.

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