Larry McDonald is not only one of my favorite authors and analysts, but also one of my favorite people. His perspective on markets, sentiment and investor behavior is like no other. Larry is the author of A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers. It is a must read for any investor. While he tends to focus more on the Bond Market and Interest Rates, he incorporates an intermarket approach that includes currencies, equities and commodities. While this is a podcast specifically about Technical Analysis, I think Larry brings in a political and economic point-of-view to the behavior of markets, but ties it all together with the study of price. This conversation was a real treat for me personally. I think you’ll get a lot from this one! [Read more…]

Sentiment is one of the most important tools we have as Technicians. There is a lot of data out there and I think Jason Goepfert at SentimenTrader.com does the best job of compiling it all and making it available for both professional and retail investors. I particularly like how Jason is self-aware of the pros and cons when it comes to analyzing sentiment. I think our discussion clears up some of the misconceptions and we go into detail about how to use it and when to take advantage of certain extremes. This was a real treat for me as I have personally been a subscriber for almost a decade. [Read more…]

Peter Brandt has successfully traded in 5 different decades using classic Technical Analysis principles that date back to the 1930s and 40s. In this conversation Peter goes over his selection process and strict risk management procedures. With a primary goal of capital preservation, Peter uses the leverage available in the futures and forex markets to position himself into low risk opportunities that also offer a high reward. We talk about the current environment for Stocks, Interest Rates and Commodities. Within the futures and forex space, Peter discusses his current outlook on Gold, Silver, Crude Oil, Canadian Dollar and Agriculture-related assets like Soybean Meal, Wheat and Sugar. In this podcast episode, Peter shares with us how he uses the Commitment of Traders report to supplement what he is seeing in the behavior of price. We are lucky to have almost a full hour with one of  the best traders I know! [Read more…]