In this episode of The Money Game, Phil asks about what’s most important to me. Is it collecting material things, or enjoying experiences with family and friends?
For me, it’s quite obvious after looking back that I’ve enjoyed my experiences traveling throughout Asia and Europe with my wife. I remember my Dad let me skip school when I was 11 years old to go to Marlins Opening Day in 1993 (My mom was thrilled about that). I have a nice watch that I never wear. I haven’t bought a car since 1997. And I have little interest in wearing that nice watch, or yet alone buying another one. I think cars are cool, but I’m still in no rush to go get one.
Let’s go out for sushi. How about a hike? College football game perhaps? Let’s throw a charity event and raise a ton of money to help people. Want to come to Edison, NJ for Indian food? Go wine tasting in Sonoma Valley? Hit the beaches in Miami or the Caribbean?
I’d rather do all that stuff than collect more “things”. But I hadn’t really thought of it that way until I really started to think back at my life and what stood out the most? Is it the things or the experiences? For me, it’s quite obviously the latter.
Just something to think about. There are no right or wrong answers. I think it’s about figuring out what’s best for you.
For this episode of the podcast I thought we’d switch things up a bit. This week was our Monthly Conference Call for Premium Members of All Star Options. We’ve been doing this for years. Sean McLaughlin and I jump on a live video call where I go over the current market environment. And then Sean comes in and overlays his volatility analysis to find the best possible Options Trades to take advantage of the circumstances.
In this episode I get to chat with one of my all-time favorite journalists, Frances Horodelski. She was one of the first people to interview me on TV when I was still in my 20s and I don’t forget that. She believed in me early on. That’s really cool.
We’ve continued to do interviews together over the years but today I flip the script and ask HER the tough questions. We discuss the role of Technical Analysis in both markets and financial media. As a former Wall Street analyst herself, she brings unique perspective and experience to traditional media. This was really informative and a lot of fun!
Earlier this month Meb Faber invited me on to his podcast. I really enjoy doing these, especially when they’re a bit outside of the Technical community. While Meb is definitely “one of us”, in terms of how he views markets, his audience includes people who might not be as informed about technical analysis and its benefits.
This is where I can try my best to do my part to spread the good word. In this conversation we talked about all sort of things from skiing, to markets, to life.
This podcast episode comes directly from our Youtube Channel. On this Happy Hour with Traders Video, I brought together some of the best minds when it comes to stock market breadth. You see all the breadth charts on twitter and you always hear debate about whether market breadth is weakening or improving. I think this round table discussion clears up a lot of misconceptions about the subject. I think it also gave each of us new ideas about how to approach the market from a weight-of-the-evidence perspective. I know I definitely got some new ideas that I want to start to do some more work on.
This is why we have these conversions. I’m fortunate to have really smart friends around the world that all view markets in their own unique ways. So I’m going to try my best to show them off so you can learn from them too!
Here’s the latest Happy Hour with special guests Andrew Thrasher, Willie Delwiche, Mike Hurley and Steve Strazza. Enjoy!
This week I was a guest on the Confessions of a Market Maker Podcast. This was a really fun discussion about Dow Theory, Perma-Bears, Fibonacci & optimal wine/food pairings. I think it will give you a chance to get to me a little more. Life isn’t just about charts and markets!