Market Talking Points – April 2015 | Financials remain strong while gold shines

Large & Mid Cap Talking Points: The big positive mover into the top 30 on a multi factor basis was FLT, while FMG and CTX were the big negative movers into the bottom 30. The best 5 multi factor ideas are QAN, NCM, STO, ILU and AWC while the worst 5 multi factor ideas are JHX, FMG, HSO, PRY and APA. QAN and STO offer a good trading pair that removes the oil price risk, while improving gold price helps NCM to maintain good outlook despite debt risks. Small Cap Talking Points: The big positive mover into the top 30 on a multi factor basis was DLS while SRX, PBG and IPP were the big negative movers into the bottom 30. The best 5 multi factor ideas are SAR, NST, MLX, EVN and PNA while the worst 5 multi factor ideas are AMM, AIA, SRX, HZN and VED. DLS has delivered in a volatile energy outlook while SAR and NST are standout small cap gold producers with improving gold price.