Takeaway

The speaker argues that platinum and palladium are set to lead the metals complex higher, driven by a market "recalibration" from recent moves in the Yen. This view has translated into an actionable, high-conviction long trade in the platinum and palladium miner Sibanye Stillwater (SBSW), with the presenter noting they added to their position yesterday in anticipation of further upside.

What the presenter said

• Palladium and platinum are expected to lead the way higher, as the speaker believes the Yen will "recalibrate everything." [00:14]
• This view on the underlying metals translates directly into a bullish case for their favorite platinum and palladium stock, SBSW (Stillwater). [00:22, 00:47]
• They added to their SBSW position yesterday and expect another move to the upside. [00:25, 00:27]
• Despite general market turbulence from Yen and oil movements, the presenter notes that metals have pulled back but are holding nicely. [00:03, 00:07]
• Gold and silver are also expected to see a "big bounce." [00:11]

Trade ideas

• Instrument: SBSW
• Direction: Long
• Thesis: The presenter believes rising palladium and platinum prices will directly benefit the stock.
• Entry: The speaker noted they "added to their position yesterday."
• Target: None stated.
• Stop: None stated.
• Time Horizon: Short-term.
• Conviction: High.

Levels and data cited

The presenter cited recent market moves in the following: * Yen * Oil * Metals (generally, noting they "pulled back" but are "holding nicely")