This week I'm thrilled to have David Keller on the podcast. He is a former President of the CMT Association and spent a long time at Fidelity, and Bloomberg before that. In this episode, the current Chief Strategist at Sierra Alpha walks us through why is approaching the U.S. stock market from a more neutral perspective. We discuss US Treasury Bonds, Rates, Gold, Crude Oil and other assets that are making new highs like Palladium. I really enjoyed this conversation, especially how David compares trading to risk management as a pilot. He likes to fly planes when he's not looking at charts. This was a fun chat.
A conversation with Arun Chopra is one that makes you smarter. That's how I see it. Arun has formal training as both a CFA Charterholder and a CMT. He has helped produce award winning films at the Sundance Film Festival and he's on the same journey as us: to make money in the market. He uses a combination of global macro, technical and sentiment indicators that he is working on putting into a more quantitative model. Picking his brain about the process and his experiences in this endeavor was really enlightening. In this episode we discuss current markets, sector rotation, credit spreads widening and the possibilities for the US Stock Market Indexes to break to new lows. I really enjoyed this discussion with Arun. I always do.
This is a special episode for me. James Bartelloni, CMT was one of my early mentors in the field of Technical Analysis. It's a treat to be able to have him join us on the podcast. What I like about Bart is that every time we chat, he gets me thinking about something new. He looks at the market in a different way than most market participants. His risk management techniques include sacred geometry, musical notes and lunar cycles, among others. It's always an interesting conversation with Bart, the editor of the blog BartsCharts.com. If this episode gets you thinking differently and gets you a bit out of your comfort zone, mission accomplished!
I am really enjoying these conversations with Phil Pearlman. This is the 3rd episode we do where we're discussing important topics about our feelings and emotions. Today's topic is Grit, and the advantages that someone with grit has these days over those who don't. Taking a loss and moving on is not just part of investing, it's part of life. In this conversation we discuss the Bond Market and the implications of U.S. 10-year yields losing 3% and why Phil is Bullish Grit going into 2019.
This past weekend I was down in San Diego for the annual Trade Ideas Summit. I gave a presentation earlier in the day, which you can watch here, and then sat on panel later in the afternoon with some really smart guys. So I thought it would add value to share this conversation with everyone.
Frank Cappelleri is one of my favorite guys to listen to. He brings a unique perspective because of a lot of his experience on Wall Street. Early in his career he spent time working at Smith Barney with legends Alan Shaw and Louise Yamada. He then experienced his first bear market after March 2000 working with former Lehman trader John Schlitz. Frank has been at Instinet, which is owned by Nomura, for a long time and is constantly in touch with some of the smartest guys in the business. I think he's as good a technician as anyone and in this episode he shows us just that. We discuss the market implications of a rising US Dollar and why he no longer has a target above 3050 for the S&P500. I was really looking forward to this conversation and we're lucky we get to pick his brain for a bit. I hope you enjoy this one!
This past weekend was the 5th annual Traders4ACause Conference in Las Vegas. It was a lot of fun and a bunch of us helped raise money for a list of great causes. On Saturday I gave a presentation about what I'm currently seeing in the markets, including Stocks, Bonds and Currencies. Sunday I sat on a panel with Joe Fahmy and Paul Singh and we just chatted about the markets, what we're seeing out there and shared some stories about the things we've learned over the years. We recorded the conversation so here it is in full. I encourage everyone to check out the Traders4ACause site and donate even if you could not attend. I hope you enjoy our discussion!
In this episode I am thrilled to have Mark Newton, Founder of Newton Advisors. Mark is one of those Technical Analysts that I have followed for many many years. His intermarket perspective and top/down approach is one of the best on The Street. He does great work on relative strength and ratio charts to really gauge the flow of money from one asset to another. His experience on both the Buy Side and Sell Side gives him a unique perspective and I've always found it helpful to pick his brain whenever I get the chance. In our conversation we discussed U.S. Stock market breadth, keeping an open mind to future outcomes, Interest Rates, Oil and Gold and how he approaches the market day in and day out. I really enjoyed recording this episode and I think you'll quickly see why. This was a good one!
Kim Sokoloff is a trader's trader. Whenever I see her she is always telling me about her trading day, what she was buying and what she was selling. I have a huge appreciation for the passion she brings to the markets on a daily basis. We all have different time horizons, some longer-term and some shorter-term. Kim is concerned with what stocks are doing over a a few days. For her, "long-term" is only a couple of weeks. In this episode, Kim walks us through her morning routine and thought process throughout the trading day. We've had analysts, money managers and traders on the podcast, but in this conversation we really dive deep into what it's like trading every day from an apartment in lower Manhattan. I really enjoyed this discussion with a very active swing trader and practicing technician.
In this episode I asked my friend Ryan Detrick to come talk about the quantitative work he does as part of the technical analysis he provides for advisors at LPL Financial. I have been following his work for years and have gotten to know Ryan well during that time. I was really looking forward to this conversation and it exceeded all of my expectations. Ryan does an excellent job of using basic mathematics to debunk popular myths told to investors about the market. We discuss the impact of a rising rate environment on U.S. stocks, the Yield Curve, Stock Market Seasonality and some of the things he is currently seeing in the market. This is a can't-miss episode!
There are few people in this world who spend as much time with active traders as Mike Bellafiore, who has been a Managing Partner at SMB Capital since 2005. I think his unique perspective on trading and traders themselves is the perfect compliment to a lot of the other guests that we've had on the podcast. In this episode, Mike talks about some of the qualities that he's seen in the more successful traders as well as common mistakes he sees being made on the desk. Throughout the conversation, Mike gives us an inside look into the trading floor, how they separate traders into teams and the way the more experienced, proven traders help the younger up and comers. I really enjoyed this one!
This week I'm thrilled to have my pal Todd Gordon on the show. He is what I like to call an "Elliottician", meaning he approaches the market using the Wave principle developed by Ralph Nelson Elliott throughout the 1930s. Todd Gordon, of TradingAnalysis.com walks us through his wave counts for the S&P500, Gold, and Semiconductors. In this episode, I think we demystify and answer some of the questions we all have about Elliott Wave and its practicality. I encourage you to have the charts with you when you listen to this one because Todd goes over several Elliott Wave counts that will make a lot more sense if you're following along visually. He does a good job of explaining things so you can also go back and listen again with the charts in the future. I hope you enjoy this one. I really did!
