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! [Read more…]
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. [Read more…]
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! [Read more…]
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! [Read more…]
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! [Read more…]
This is only the second episode of The Money Game Podcast that I’ve recorded with Phil and I’m already learning a ton. The idea behind these conversations is to help make us more aware of our bad habits driven by our cognitive behavior flaws. In this episode, Phil and I talk about Loss Aversion and the fact that as investors, and in life, we are motivated more by our fears than we are by our potential to win. This is an incredibly complicated topic so I think it’s important to start this conversation early in this Money Game Podcast series.
Here is the second episode in full: [Read more…]
Sponsored by Investor’s Business Daily – I’ve known Dan Russo for a long time and he always brings amazing insights and trade ideas. He’s experienced, knows the markets and most importantly, he puts in the work. I have a tremendous amount of respect for him and his technical analysis. It was a real treat picking his brain and discussing what he is currently seeing in the market. In this episode, we talk about U.S. Stocks and the sector rotation that is taking place. He shares his thoughts about Healthcare stocks, Consumer Discretionary and life. I really enjoyed this conversation! [Read more…]
I’m so excited to announce that I’ve started a new podcast with my friend Phil Pearlman! We’re calling it “The Money Game” and we’ll have a new episode out each week. For you guys who are unfamiliar with Phil, he earned a doctorate in clinical psychology and has always been the person I turn to when I have questions about human emotions and cognitive behavior. As a technical analyst, what I’m doing is analyzing the behavior of the market and market participants. So understanding who we are and why we act the way we do is part of that process.
Phil and I used to do weekly youtube videos back in 2013 that he would call “Weekends With Allstarcharts”. Fast forward 5 years later, and with the power of technology, we’re bringing it back as a podcast. [Read more…]