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.
My good friend Sean McLaughlin, who is also the Chief Options Strategist at Allstarcharts.com moderated the panel, which included Brian Shannon and Dr. Brett Steenbarger. This conversation revolves a lot around process. Dr. Brett gave us a ton of insight as to what we can do psychologically to help us perform better. Brian is someone who I’ve been learning from since 2005, so it was a real treat to be sitting up there with these guys.
Here is the panel discussion in full:
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!
There are a lot of interesting developments working through the markets these days. Whether it’s the relentless sector rotation underneath the surface or the divergences between small and large-cap stocks, there is no shortage of topics to discuss about the current environment. I have been in the camp that a breakdown in Bonds to new multi-year lows would likely be accompanied by a lower yen and higher stock and commodities prices. Through last week that strategy has worked really well.
Moving forward, how does this face-ripper in rates impact U.S. stocks? Is the relative strength in financials this week a positive sign for equities? Or are they just getting a sympathy bid because of rates? Are Semiconductors finally going to break out above their epic 2000 highs, which they’ve been flirting with all year? What about Gold and Crude Oil? How do they fit in?
This morning I was on the Benzinga Premarket Prep Show discussing what I felt are the most important topics in the markets right now. Here is the interview in full:
Before we start again with Season 2 of the Allstarcharts Interviews, I wanted to introduce you to our new Chief Options Strategist at Allstarcharts.com – options wizard Sean McLaughlin! Many of you already know him as @chicagosean. When it comes to the Greeks, this is the guy you want on your side, so we’re lucky to have him. In this podcast episode, Sean and I talk about Trading, Social Media, Taking Vacations, Books to read and of course, Options! This was a fun conversation to have and I think there are a lot of pieces of value to take away from this one.
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.
Source: Tech To Continue On A Tear: Technical Analyst (BNN Bloomberg)
This week I had the pleasure of being interviewed by Anthony Crudele, host of the Futures Radio Show. In this episode he asked me about my process, how I first got into the market, how I approach the market place today and in what ways we help our clients who are financial advisors, hedge funds, family offices, traders and individual investors. I really enjoyed this conversation and wanted to share it on the stream.