On this week’s show, I walk Howard through how to order my favorite pizza online and we discuss the price action in $TSLA and what that means for both the stock and the company.
This was fun. Check it out: [Read more…]
Expert technical analysis of financial markets by JC Parets
by JC
On this week’s show, I walk Howard through how to order my favorite pizza online and we discuss the price action in $TSLA and what that means for both the stock and the company.
This was fun. Check it out: [Read more…]
by JC
This week on Happy Hour w/ Traders, I chat with 2 of the best in the business: Brian Shannon and Joe Fahmy. We’ve all been friends for a decade and I still learn from both of them every single time we talk.
The way I see it, I’m having these conversations anyway, so may as well hit record so you guys can learn from them the same way that I do.
Check it out!
[Read more…]
by JC
Jeff Macke is the guy I turn to whenever I have questions about the Consumer. Anything retail, restaurants, internet sales, he’s the one we want to listen to. Jeff and I have known each other for many years and are friends with a lot of the same people. Here’s an old clip I found of him and I talking about Gold & Silver back in January 4, 2012.
In this episode we talk about the restaurant stocks, pharmacies, which areas he wants to avoid and which ones he wants to own. He says the pair trade of the decade could very well be: Long Shaquille O’neil (Papa Johns $PZZA) and Short Kanye West (The Gap $GPS). This was a really fun conversation. I picked up some good ideas and had a few laughs.
I hope you enjoy!
[Read more…]
by JC
I’m really enjoying these virtual Happy Hours I’ve been doing with my friends. You guys seem to enjoy them so I’m happy to keep recording these chats. I’m having the conversations anyway right?
Stay tuned, I have some fun videos coming up with Bart in San Diego and another one with Joe Fahmy & Brian Shannon.
You can catch up on Happy Hours w/ Traders here.
Today I want to share a video of a few beverages I had with my old pal Scott Redler. He’s a full time trader and Chief Strategist at T3Live. I encourage you to go back and listen to a podcast episode him and I did together in January 2018.
In this video we talk a little bit about wine, compare blind tasting to technical analysis, and Scott tells a few recent war stories from the trenches. Here’s our chat in full:
[Read more…]
by JC
Did you think it would be a historic stock market crash and a devastating global pandemic that would finally spark the rotation into emerging market stocks?
Yea me neither.
But here we are. 6 weeks of outperformance by Emerging Markets. Is this just another blip in the long-term downtrend for EM, particularly relative to US Equities?
We discussed this all in our NEW Q3 Playbook that was just published over the weekend.
Here’s some perspective on the whole thing: [Read more…]
by JC
This is our ASC Research Q3 Playbook.
The first section dives deep into the US Stock Market, and the second half covers International Stock Markets and FICC (Fixed Income, Commodities & Currencies).
You can skip right to the trade ideas here if you’d like, or give the full report a read!
[Read more…]
by JC
Over the past month I’ve shared a few happy hour videos with some of my friends. You can find the video with Kimmy & Fahmy here, and my happy hour with Russo & Thrasher here.
Today I sit down with Venture Capitalist and active trader Howard Lindzon. We talked about his favorite stocks, what he’s buying now and why. He’s very open to discuss what’s in his portfolio and is never shy about telling you what he thinks! We discuss $MELI $SFIX $SQ $BABA and $PAGS.
Conversations with Howard are always fun and I learn something every time. I hope you enjoy! [Read more…]
by JC
Eyes are on the Gold Market. All-time highs do a great job of getting everyone’s attention, especially if it hasn’t happened in a while. We’re going on almost a decade since precious metals hit their peak and completely collapsed. As bad as Gold did, Silver really got destroyed. To put things in perspective, from the March 2020 lows, it will take a 328% rally in Silver just to get back to where it was in 2011.
Today, let’s focus on Gold. Are we going to make all-time highs? What is the all-time high? Do we look at weekly charts, monthly charts, daily charts? What actually is “The All-time High in Gold?”.
First, let’s keep in mind that this conversation would not even be necessary if we priced Gold in any other currency outside of the US Dollar. The Dollar strength, which is the denominator in this Gold conversation, has held it back, compared to what it’s done priced in other denominations.
Look at this table showing all of them already making new highs:
So why should we care JC? Gold is priced in USD!!
We take a weight-of-the-evidence approach here. With that in mind, when you weigh all the evidence, isn’t most of it pointing to all-time highs? In fact, isn’t most of the “evidence” already making all-time highs? Why should we expect it to be any different when priced in dollars? Maybe a little slower, but still trending in that direction: Up.
The next question: What actually IS the all-time high? Is it the intraday high in 2011? The weekly closing high? The monthly closing high? Let’s take a look. [Read more…]