I had a great day in New York City Wednesday. Good meetings, good eats and good people.
BNN Bloomberg was nice enough to invite me on their network to talk charts.
Catherine and I discussed some of my favorite sectors and industry groups. We went over the macro picture and beginning of this new bull market for stocks.
Most importantly, in my opinion, we went over what it would take for us to get more defensive, at least in the near term.
I was down in New York City this week and dropped by the Nasdaq to chat with my old pal Frances Horodelski on BNN Bloomberg. Frances and I have been rapping about the markets for the better part of the past decade. It was great to chat with her once again.
In this short clip, we talk about the new bull market for stocks, rotation into Emerging Markets and Energy, where we think gold goes and how bad bonds are going to get hit if interest rates get to the 3% mark we're looking for in the US 10-year Yield.
Here is the video from my BNN Bloomberg interview this week. They asked me if I thought the media was making too big of a deal out of an inversion of the yield curve and I agreed that of course they did. That's what the media does, irresponsibly exaggerate things that don't need to be exaggerated at the expense of their audience. I'm happy to come on TV to bring some sense of reality to the conversation. Someone has to. In this video we discuss the ongoing Cyclical Bear Market in stocks and what we're waiting for to confirm that a new Cyclical Bull is getting started.
I've been talking markets with Liz Claman for the better part of the last decade. Whenever I'm in New York, I like to swing by the FOX studios to say hello. This week we discussed the relative strength in Semi's and how I think they will lead stocks and the S&P500 to new all-time highs.
I'm in New York this week for the annual CMT Association Symposium. I always learn so much at this event, not just from the presentations, but from the attendees themselves. A lot of smart folks in one room is a win for all of us.
Tuesday I was up at the Nasdaq to chat with Catherine Murray about the S&P500, my favorite Semiconductor names and where we are in Canadian Equities and Crude Oil.
Here's the video from a live interview I did on ET NOW, India's leading business news channel. It's amazing that I could not live further away than I currently do, yet we can still do this sort of thing. Their morning TV is my evening, but it works.
In this interview we discuss the ongoing rangebound market in US Stocks and then we shift gears to India's stock market. We talk about the rotation into small & mid-caps, key levels for both the NIFTY50 and Bank NIFTY as well as the relative strength we're seeing in the bank stocks, particularly ICICI and AXIS Bank.
I was down in San Francisco Friday afternoon shopping for a tuxedo for my wedding in a few months. Whenever I'm in the city I like to get Chinese food and swing by the tv networks and say hi. Friday I got to do both.
I'm on the east coast this week for the Thanksgiving holiday so I came into the city to say hi to friends. Catherine Murray and I had a nice conversation on BNN Bloomberg about US Stocks, Interest Rates and what Credit Spreads are suggesting for overall risk appetite from institutions.
This week I had the chance to visit Toronto for the first time. I spent a couple of days meeting with investors, doing a TV spot and taking in some of the things Canada has to offer.
I was invited to speak at the Toronto CFA Society to talk about my Technical Analysis. It was an event put on by the Canadian Society of Technical Analysts and the CMT Association. The crowd was great, interested in charts and eager to learn. Everyone was so nice.
While in Toronto, I caught a Blue Jays game (they beat the Orioles 6-0) and ate too much sushi. All in all, mission accomplished!
Before the event on Thursday I went by the BNN Bloomberg studios for a TV interview with Catherine Murray. It was a lot of fun.
This week I was in New York meeting with partners and old friends. On Tuesday I was down at the Bloomberg Headquarters chatting with Catherine Murray about what we're seeing from a technical perspective. We discuss Technology, Medical Equipment stocks and where we are within this secular bull market. Here's the video of the interview:
Monday afternoon I was down in San Francisco, so I went by the Bloomberg West studios to do a quick hit with Catherine Murray. She asked me about the S&P500, Technology, Financials and the underperformance of Consumer Staples. We also discussed sector rotation and Crude Oil during the segment.
I don't make as many TV appearances as I used to when I lived in New York City, but when I'm town I love to swing by the FOX Business studios to chat with my old pal Liz Claman. She respects our Technical approach and understands the value that we bring to both institutional and retail investors.
This week I sat down with her to discuss the risk vs reward opportunities we currently see in the S&P500, Bitcoin and Steel Dynamics $STLD. I think this conversation was quick and to the point, just how we like it.