Takeaway

The presenter from RNTR Trading is highly bullish on Platinum Group Metals (PGMs), arguing that both Platinum and Palladium futures have completed their downturn and are poised to move "straight up." This view extends to the mining stock Sibanye-Stillwater (SBSW), which the speaker is actively looking to add to, anticipating strong performance for at least the month of September.

What the presenter said

• The presenter believes Platinum and Palladium have finished their turn and are expected to go "straight up" from current levels. [00:06]
• He highlights the related stock SBSW, calling it a "home run" from last year and stating it is ready for another leg up. [00:14]
• The speaker is looking to add to his already large position in SBSW. [00:43]
• He sees significant room for growth in the PGM sector [00:54] and expects it to perform well for at least the month of September. [00:58]

Trade ideas

• Instrument: Platinum futures

  • Direction: Long
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: Palladium futures

  • Direction: Long
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: SBSW (stock)

  • Direction: Long
  • Entry/Target/Stop: Entry at current levels is implied, but no specific price was given for entry, target, or stop.
  • Horizon: Short-term
  • Conviction: High