This is the video recording of our November 30, 2021, Tuesday Evening Crypto Livestream.
In the early days of Crypto, we were taught to believe these were currencies.
And in the case of Bitcoin, maybe it is. But when you go down the cap scale, these things are no different than stocks.
For me they’re “Tech” stocks. For Howard they’re “Software” stocks.
Either way, we agree that these are just more stocks we can trade. And if you choose not to, well then you’re leaving a lot of alpha on the table.
Why would you purposely choose to ignore this particular group of names?
Howard and I discussed all of this during a livestream this week.
You guys know that I use Fibonacci levels to help us identify targets and manage risk.
And you’ve all seen it work, with your own eyes, for many years. I have too, of course, as one of the gang here calculating these levels every day.
But I’ve never quite understood WHY it works. How come these numbers keep showing up all over Nature. Why do the prices of stocks and other assets keep respecting these levels?
When I get asked, I don’t have an answer.
But if there’s anyone I’m going to ask, it’s gonna be Bart. So that’s what I did.
And figured why not share this with all of you?
This was a lot of fun!
On this week’s episode of the podcast, I sit down with David Keller to talk about all things behavioral finance. David is one of my favorite guys to talk to about the subject, so I reached out to him and said, “Dave, come on the pod and let’s talk about humans”.
He happily agreed and so we hit the ground running talking about Anchoring Bias, Loss Aversion, Risk Management, Supply and Demand Dynamics and Market Sentiment.
This wasn’t just an academic endeavor. We also discussed current markets, price trends, momentum, breadth and Dave’s favorite trade for the rest of 2021.
I think you’re really going to enjoy this one. I certainly did!
The way I learned it is that, “Sector Rotation Is The Lifeblood Of A Bull Market”.
But what does that mean exactly? Why does it matter? Why should we care?
All great questions, so I invited my friend Todd Sohn from Strategas and our very own Steve Strazza to discuss this important topic.
What sort of rotation are we seeing today?
Here is Part 1 of our discussion:
This week on the show, Howard and I talk about the value in finding people to synthesize information for you. Howard is one of the best people I know at doing this, and I’ve picked up a few tricks from him over the years.
We can’t be experts in everything. But with new tools and technology, we now have the ability to rely on other subject matter experts to point us in the right direction and give us perspective on how they see the world. I’ve found this process to be incredibly valuable. I encourage you to try it!
Here is our conversation in full: [Read more…]
This week on Happy Hour with Traders, I brought together some of the best minds when it comes to stock market breadth. You see all the breadth charts on twitter and you always hear debate about whether market breadth is weakening or improving. I think this round table discussion clears up a lot of misconceptions about the subject. I think it also gave each of us new ideas about how to approach the market from a weight-of-the-evidence perspective. I know I definitely got some new ideas that I want to start to do some more work on.
This is why we have these conversions. I’m fortunate to have really smart friends around the world that all view markets in their own unique ways. So I’m going to try my best to show them off so you can learn from them too!
Here’s the latest Happy Hour with special guests Andrew Thrasher, Willie Delwiche, Mike Hurley and Steve Strazza. Enjoy!
This is Part 2 of my Happy Hour with Brian Shannon and Joe Fahmy. I learn something new from these guys every time we chat.
In this video we discuss the importance of Risk Management and why paying attention to our own emotions and behavior patterns is so critical.
Make sure to also check out Part 1 of this Episode.