January Heroes Beware

Published on: January 14th, 2021

Hidden within the big equity indices and diversified baskets of stocks is a lot of dispersion. Realised volatility remains low
in aggregate but is rising sharply in some subsectors and in equity pairs trades. Rising bond yields could threaten consensus trades short term. Julian discusses how we don’t need to be heroes in January. We have an exciting year in prospect with attendant volatility.

Comments

  • RK
    Roger K.
    22 January 2021 @ 22:06
    Hi Julian, Could you please mention equivalent ETFs that UK investors could buy as well. Thanks..
    • JL
      J L.
      28 January 2021 @ 15:00
      If you are looking for GBP denominated ETFs to buy in ISA/SIPP accounts check gold PHGP / silver PHSP / Uk equities ISF / Japan equities IJPN. I have an eye on SPLT for Platinum and XMEX for Mexico but liquidity is not the best on those. In terms of XME Anglo American AAL is almost the exact chart or you could use a mix of Rio Tinto, BHP Billiton and AAL, they are huge companies almost like an ETF in themselves.
  • SH
    Simon H.
    19 January 2021 @ 10:47
    Julian do you have stop and target in mind for the FTSE trade?
  • IK
    Ingrid K.
    15 January 2021 @ 19:55
    Hello, I'm new here... Enjoying the detail in the report but am wondering technically, what is the best way to buy silver? Are "iShares Silver Trust (SLV)" a good option? Or is there a better way? Also, Julian put's a Long Silver target price at $40, any idea what timeframe 'Long' is for Julian? <1yr, >1yr, etc?
    • AH
      Attila H.
      18 January 2021 @ 14:26
      Long means "buy" and short means sell in this context. SLV is a good substitute for silver futures and GLD for gold futures.
  • BE
    Brandon E.
    15 January 2021 @ 15:05
    Same Question as Lawrence.....but adding how do we both in FTSE as well as in Emerging Markets Trades (when they come) do US Investors express the trade making sure to do so in the local currency? I.E. So with Julian's FTSE100 add with GBP @ 1.3700 how best do we express the currency piece. Thanks!
    • JL
      J L.
      15 January 2021 @ 19:24
      if you are USD based just buying any unhedged ETF like EWU will already make you long the currency, if you play the futures contract you are long FTSE vs GBP and would need to go long GBP vs USD on top of it, hope that makes sense
  • RG
    Razmig G.
    15 January 2021 @ 07:38
    Still have a problem with downloading on the new android software.
  • LM
    Lawrence M.
    14 January 2021 @ 19:35
    How are US investors trading the FTSE 100? I see ISF (Ishares) but I don't believe it's listed on a US exchange.
    • KB
      Kirk B.
      14 January 2021 @ 20:20
      I'm a simplistic retail investor. I invested in this trade using iShares EWU, which appears to include a somewhat larger basket than the FTSE 100. It has been outperforming the FTSE 100 Index.
    • HM
      Harry M. | Real Vision
      14 January 2021 @ 23:09
      EWU was one of Julian's suggestions.
  • KB
    Kirk B.
    14 January 2021 @ 20:37
    Julian, your report provides a very clear articulate explanation of your current market view (I love your Latin phrases, and I thought that I would never use the Latin that I learned in middle school). I greatly appreciate the knowledge and insights that you and Raoul provide. I was one of the early subscribers to RVTV, and since I upgraded to RV Pro, I have had my best investment year ever. Thanks to both of you.
  • CB
    Charles B.
    14 January 2021 @ 18:34
    Julian, On page 17 there is an asterisk next to Gold. I don't see a footnote to correspond to that asterisk. thanks, Charlie
    • WM
      Will M.
      14 January 2021 @ 18:58
      See the note at bottom of page 11 Charles. I think thats what Julian is referring to.
  • WM
    Will M.
    14 January 2021 @ 18:57
    Great follow up and interesting piece on current volatility. Love the humor ......"The canaries in my coal mine are looking under the weather but have not fallen off their perches yet"