This week we have a special guest on the podcast: Eddy Elfenbein of Crossing Wall Street and PM for the $CWS Exchange Traded Fund. This is a show about Technical Analysis so I think it’s important to also include some of the masters of Fundamental Analysis to tell us how they find charts and technicals helpful in their process. Eddy is one of the original Financial Bloggers and I have a ton of respect for him and his work. He is a pioneer in both social media and portfolio management. I love how he explains his appreciation for Intermarket Analysis and Relative Strength as useful tools throughout his process. As many of you know, these two are near and dear to my heart so it’s cool to see the Fundamental community embracing them in similar ways. This was a fun conversation!
Relative Rotation Graphs are some of the best visual tools in Technical Analysis today. In this episode, I am thrilled to have the creator of RRG, Julius de Kempenaer, on to talk about what first inspired him to create this tool and what some of the best practices are for market participants. I discovered RRG about 6-7 years ago after watching a colleague use it during a presentation at Bloomberg in New York City. As a technician, I use charts to visualize data to help identify trends and manage risk. RRG is more of a rotation tool that can be used for sectors, country indexes and currencies. By using a combination of Relative Strength and Momentum data, the RRG rotates clockwise from Leading to Weakening, to Lagging, to Improving and then back again to Leading. In this discussion, Julius walks us through how he likes to use it and explains its construction. If you’re interested at all in sector rotation and relative strength, this tool is for you!
In this episode of The Money Game, Phil answers my questions about the work/life balance with: “There is no such thing”. He says life is all about decisions. I tried to push back a bit and point out the extremes, both in my life and in those around me, but he says I’m overthinking things. I thought this was a really helpful conversation, selfishly, so I hope it adds value to your process as well.
Greg Harmon is one of the OGs of the Financial Blogosphere. He has been consistently contributing to the community for over a decade. For you new comers, this is how it’s done. Greg is the founder of Dragonfly Capital, where he is the portfolio manager and I encourage you to follow him on Twitter @harmongreg. He paid his dues early in his career traveling around the world and holding senior positions including Head of Global Trading, Head of Product Development, Head of Strategy and Director of Equity at JP Morgan, State Street and BNP Paribas. It was not until after all of this experience that he started his blog and joined our FinTwit community. In this conversation we discuss how although he is both a CFA Charterholder and CMT, he chooses to incorporate more of a technical approach to markets. He then takes it one step further by using options to both maximize returns and, more importantly, manage risk. He is the author of Trading Options and I recommend getting a copy as soon as possible. This was a good conversation with one of the smart guys in the room.
I can’t believe we pulled it off! Two weeks ago, I co-hosted my very first financial conference and it was an amazing success. I think it exceeded all of our expectations, including the hosts and the guests. I’ve never been to a conference that promoted getting outside and exercising and then matching that excitement with consistently incredible speakers who each added value in their own unique way. Now that we’ve had a chance to digest everything that happened, I sat down with our Chief Options Strategist, Sean McLaughlin, to discuss the event and some of the things that stood out the most. I hope you enjoy this quick rundown of our 2 day Technical Analysis Conference in Breckenridge, CO that we proudly call “Chart Summit”.
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On this podcast episode, we’re flipping the script a bit. I was invited to come on the DailyFX Podcast hosted by Tyler Yell last week, and I wanted to share that audio with you here today. In this conversation, we discuss the recent Chart Summit in Breckenridge, CO, how and why I started Allstarcharts.com and what trends I’m currently seeing in the market. One thing we also talked about was the benefits of journaling and writing ideas down on paper. I really enjoyed this conversation so thank you Tyler Yell and DailyFX for inviting me on.