United Kingdom
Age 57
Trading strategy
My strategy is located at the intersection of Macro and Micro analysis and works on a top-down approach from fundamental evaluation to technical analysis. I will occasionally exploit a quick profit, however, I usually set my targets over the medium term. Stop losses are established at the outset and when one position is closed I do not look back with an "if only" attitude ...I look forward and deal with the world as it is, not as I would like it to be.
Biography
Stephen Pope is the Managing Partner of the Spotlight Group.
Divisions include: Capital, Education, Ideas and Indices.

He has worked in the world of finance since 1982 and has performed duties as a salesman, market making trader and analyst. Stephen brings this wealth of experience gained at American, British, French, and Japanese institutions to bear in his analytical work.

He has a broad base of client service having advised national agencies such as Central Banks, Government Ministries, and Sovereign Wealth Funds and from the private sector, Commercial and Investment Banks, Insurance Companies, Pension Funds and Publicly Listed Corporations.

Clients have been covered in all geographic regions and time zones embracing 36 nations.

Stephen gained his BA (HONS) Economics (II.I) from the University of Warwick in 1982 and an MBA from Henley Management College in 1995.

He gained professional examination awards from AIBD/ISMA in 1988.
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545 Followers
Write a Squawk to Stephen Pope
  • Squawk / Friday at 21:14 GMT
    Managing Director / Technical Research Limited
    New Zealand
    President Trump’s inauguration speech saw the USD decline, whilst Bonds
    held steady. My Updated US Stockmarket Analysis below – Still Bullish.

    The Trump rally from election day to inauguration was 6% (refer below).
    The greatest rally came in the lead up to the inauguration of Herbert Hoover
    in 1929 (that didn’t turn out to well in the end!)

    Earlier on the White House web site announced a target of 4% annual GDP growth, double its non-inflationary potential, so only attainable with the sugar pill of substantial fiscal stimulus. This would put Trump on a collision course with Fed Chair Yellen who noted in a speech yesterday that fiscal policy could affect “the appropriate policy path”. More background on that here https://www.tradingfloor.com/posts/inflation-update-puts-yellen-on-collision-course-with-trump-8401544

    Neither protagonist wants a higher USD, yet both are setting out on a path to achieve it
    Read the Squawk
    17h
    seas seas
    I predict a monster decline in asset values, including the stock market and the dollar.
    17h
    seas seas
    So I am selling calls on just about everything. Wish me luck!
    14h
    Max McKegg Max McKegg
    Possibly correct Jim. But under your scenario of higher debt and inflation expectations, US bond yields would surely rise at a time when the ECB and BOJ...
  • 2d
    fxtime fxtime
    Great piece Stephen :-)
    The thought of Trump even reading Adam Smith made me LOL.
    2d
    C.A.L. gr C.A.L. gr
    Excellent article! Unfortunately the voices of sanity and reason seem to be out of favor, for the time being at least. Brexit, Trump and at a smaller...
    2d
    Krunil48 Krunil48
    I got the impression that Junker of the EU appears to have softened his tone since Theresa May's speech. For too long it has been the EU...
  • Trade view / Tuesday at 13:56 GMT
    Medium term

    Sterling will take a pounding

    Managing Partner / Spotlight Group
    United Kingdom
    Sterling might have rallied hard in response to UK prime minister Theresa May's Brexit speech but now could be the time to sell into its strength, says Stephen Pope.
    Read the Trade View
    4d
    vanita vanita
    Dear Steve,
    Views on Dax indices and Nasdaq, according to you which indices will perform best .
    3d
    Stephen Pope Stephen Pope
    Hi there Vanita,

    Sorry for the latish reply...so much going on at the moment.

    DAX:

    The technical picture is divided with the short-term time technicals all looking negative but there...
  • Article / Monday at 13:00 GMT

    Trump has a history of not delivering

    Managing editor, TradingFloor.com / Saxo Bank
    Denmark
    Trump has a history of not delivering
    Global equities have been on an upward trajectory ever since November 8 fueled by president-elect Donald Trump's pledge for a $1 trillion financial stimulus package, but if he doesn't deliver, the consequences could be severe. Alas, history is not on his side.
    Read the article
    5d
    Krunil48 Krunil48
    Thanks Martin for your answer, the future seems quite uncertain at the moment. I wonder, how did the world get itself into this almighty mess. The debt...
    5d
    Martin O'Rourke Martin O'Rourke
    Sadly I think you've hit the nail on the head and it is the injustices that spilled out of the great financial crisis with not enough of...
    4d
    fxtime fxtime
    The market fear index (the VIX) used by option traders throughout the World seems to be acquiring a new monicker....The Trumpdex as a fear measure value. The...
  • Trade view / 11 January 2017 at 14:19 GMT
    Strategic trade

    Cocoa has an undervalued flavour

    Managing Partner / Spotlight Group
    United Kingdom
    Cocoa looks undervalued in the soft commodity complex. Cocoa for March delivery hit USD 2,121/tonne in New York in late December which was the lowest since March 2013 and as such, despite the negative technical profile, the commodity has the space to improve.
    Read the Trade View
    12 January
    vanita vanita
    Great call Steve 👍it's rocking...
    4d
    Philidor Philidor
    I should start copying you every time you write something on commodities that piques my interest, because I swear, every time I look at your trades in...
  • Article / 09 January 2017 at 8:00 GMT

    Morning Markets: Eurozone confidence on the mend?

    Editor / Saxo Bank
    Denmark
    Morning Markets: Eurozone confidence on the mend?
    The mood was cautiously upbeat in Asian markets today, driven by gains on Wall Street on Friday. While there were modest gains on some Asian bourses, and Australia's S&P/ASX200 surged sharply higher. Meanwhile, today's focus is on the Eurozone where unemployment is expected to hold steady as confidence climbs.
    Read the article
  • Article / 06 January 2017 at 15:30 GMT

    In praise of globalism

    Managing Partner / Spotlight Group
    United Kingdom
    In praise of globalism
    This past year saw the rise, and in some cases the election, of many a politician rejecting the trend of globalisation and its accompanying erosion of national sovereignty. According to Stephen Pope, however, interconnectedness is the way of the future and our job is to manage it wisely.
    Read the article
    06 January
    benlouro benlouro
    good pre-views for 2017
    06 January
    BuySellBuySell BuySellBuySell
    Nice one Stephen. Thanks
    07 January
    vanita vanita
    First happy new year Steve.
    Good start with good analysis article.
  • 11 January
    Krunil48 Krunil48
    Hi Stephen, Thank you for the insights into your trading and your articles. However, if I am honest I do sometimes find it difficult to ascertain your...
    11 January
    Stephen Pope Stephen Pope
    Dear Krunil48,

    Your can ask what you like.

    The figure presented is the net profit for the year at 12.23%.

    The figures for the six months Jul - Dec 2014...
    12 January
    Krunil48 Krunil48
    That's great Steve, many thanks for your advice and best wishes for the New Year.
  • 04 January
    fxtime fxtime
    LOL strangely Juhani I rely on you for over-views and interpretation when I seek a good briefing on marketplace subjective commentary and analysis. keep posting mate :-)...
    05 January
    Edmund Liu Edmund Liu
    Thank you for your compliments Market Predator!
    05 January
    Patto Patto
    It seems Ian Coleman is top of the heap as far as TF Follower numbers are concerned, by some margin (excluding Saxo's in house team members). Here's...
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