The DeFi Revolution is upon us, at least according to Jim Bianco. For many years, I've looked up to Jim and the work he's been doing at Bianco Research and, in fact, he's the one who first inspired me to rip through hundreds of charts during my live presentations in order to get my points across. It took me about a decade to realize it, but it was him who I got that from.

Fast forward to 2021, and the Macro Technician who I've always admired has turned into one of the leading voices of what's taking place in DeFi, or "Decentralized Finance". Who better to talk to about what's going on than Jim himself? Ethereum, Bitcoin, Dogecoin, Yield Farming, Metamask Wallets, Coinbase....the whole thing.

We dive right into it and talk about how investors of all kinds can take advantage of this revolution into a decentralized world. Traders, Investors, Financial Advisors and even their clients....what does everyone do about...

Chop Chop Chop....Classic Year 2 Behavior for stocks continues.

Meanwhile, Crude Oil keeps on pressing up against these former highs. A breakout through 66 looks imminent.

This week we dropped a brand new 2-to-100 Club Report. Which names stood out from this week's scan?

And what about Fried Chicken? Which wine do we pair with that??

All this and more on the latest episode of Bearish or Bullish. Enjoy!

This is the video recording of our May 3, 2021 Monthly Charts Live Strategy Session

On this week's episode of Bearish or Bullish, we talk about Year 2 of Bull Market cycles for stocks. Is this one those? Like 1976, like 1983, like 2004, like 2010?

What about Ethereum continuing to hold its breakout? Why is Ether doing so much better than Bitcoin?

Financials and European stocks breaking out of historic bases?

European Super Leagues? The Knicks don't suck?....what the heck is going on around here?

Let's discuss:

Last night I popped into BNN Bloomberg to talk about what's going on in the market.

We're seeing new highs across a lot of major indexes, but what's happening underneath the surface?

We've been seeing the price of lumber soaring along with things like Steel and Rebar futures. It's the whole demand/building/growth theme that continues to stand out.

One thing that's definitely worth watching is the All Country World Index Ex-U.S., which is basically a snapshot of what the rest of the world looks like. And you'll notice that the index ETF $ACWX is stuck right between its 2008 highs and 2018 highs.

This puts the global stock market in quite a predicament. If you're bullish equities, you're going to want to see a breakout through those historic 2008 highs. If you're bearish equities, this is one you want to see break back below those 2018 highs.

Check out the video in full. This was fun:

This morning I popped on to Yahoo Finance to chat with Jared Blikre about this rotation out of Growth stocks and into Value. It's going to be hard for people to wrap their heads around buying old dirty energy companies and the banks that they hate so much.

You can't save the world through your portfolio. It was fun watching people try.

That's over, but still hilarious when looking back on it.

Anyway, here's what we're watching:

Every month we get a fresh batch of Monthly Candlesticks. It only happens 12 times a year.

I promise you guys from the bottom of my heart that there is no other part of my entire process that provides as much value and information as my monthly chart review. Premium Members can access the Chartbook here.

In the meantime, my friend Josh Brown and I have been doing these short monthly videos since last summer.

On the latest episode we talk about the historic breakout in Financials, the rotation into Value and out of Growth, what this means for interest rates and how that affects the global intermarket landscape.

This is always a fun chat.

Hope you enjoy it!

You have 2 choices:

1) You can complain that you don't like the rules, you don't like the people who make and enforce those rules, you don't like the people who take advantage of those rules and you can take your ball and go home. You can do that. You have that right in this country.

or

2) You can acknowledge the fact that you don't like certain rules, you may not like some of the people who make and enforce the rules, and you especially don't like some people who take advantage of those rules. But if you can't beat them, join them!

We choose #2. Because this is nothing new. We figured this out decades ago.

Welcome to the market.

Enjoy!

I was away from the office last week with the team, but I was still able to pop into BNN Bloomberg for a quick hit.

We discussed the fact that fear among investors is off the charts, stocks are in uptrends and breadth is expanding. I think the beginning of the new Commodities Supercycle is bullish for stocks and just another tailwind to take them higher.

If the tv anchors think I'm making a bold call by suggesting that stocks in uptrends will go higher, then we're probably not near a top.

Here's the interview in full:

Every month we get a fresh batch of Monthly Candlesticks. It only happens 12 times a year.

I promise you guys from the bottom of my heart that there is no other part of my entire process that provides as much value and information as my monthly chart review. Premium Members can access the Chartbook here.

In the meantime, my friend Josh Brown and I have been doing these short monthly videos since last summer. They're fun and I like how he pushes back against me sometimes. In other interviews they make it too easy on me. I like these!

This month we talk about how scared investors are right now. What's more bullish than a bunch of worried investors with stocks all over the world making new all-time highs?

Is this Silver breakout for real? We have well-defined risk parameters to keep us on the right side of the trade.

Where's the next squeeze coming from? We dive in.

And are investors prepared for this new Commodities Supercycle? I don't think they are. Neither does Josh.

...

This week Howard and I talk about the short squeezes happening in this market. We've seen it in GameStop $GME, Blackberry $BB and AMC Theatres $AMC. Are more of them coming? Why should investors care?

How about the Speaker of the House of Representatives Nancy Pelosi trading Tesla Call Options. Should we complain about her trading habits, or do we use that as information? In other words, what does she know that the rest of us don't, that drove her to invest in so many options contracts?

Are you on Clubhouse? Is this the new Social Media App that everyone will be on? For questions like these, I always turn to Howard Lindzon.

We cover all that and so much more in the latest episode of Happy Hour w/ Traders:

This is the video recording of the January 2021 Conference Call.