Robert Sluymer has been a Technical Analyst for close to 3 decades. I really enjoy his intermarket, global macro perspective and the way he brings it all together in a similar way to what we do at our shop. It was hard for me to really disagree with anything Rob said during this podcast episode. It seems to me like him and I are on the same page on many levels. I didn’t make it easy on him, but he certainly brought the goods. I really enjoyed this episode from someone who brings 27 years of institutional experience at RBC and is now at an independent shop at Fundstrat. We discussed Bitcoin, the S&P500, Sector Rotation, Bonds and Precious Metals. This was a good one! Give it a listen
We are back with another episode of The Money Game Podcast with Phil Pearlman. Today we talk about JOMO, the Joy Of Missing Out. Phil brings up a point about the amount of work that goes into today’s version of Keeping up with the Joneses: Instagram, for example. People are so concerned with Missing Out (FOMO) that they’re completely ignoring the joys of missing out (JOMO). Saying No gives us the ability and the time to stay focused on what is probably more important, whether it’s health, family, friends, work or whatever else you’re into. We see this in the market constantly, with traders chasing trades and worrying about what trades other people are in and the money other people are making. The beauty of this situation in the market is that we’re guaranteed to get another opportunity. The market doesn’t give us many (any?) other guarantees. The one thing we do know is that there are no called strikes on wall street. We can stay patient and wait for our pitch, because we know for a fact that one is coming.
I’ve been following the work Willie Delwiche for years. As both a CFA and CMT Charterholder, I think it helps him really put things in perspective for the Advisors he works with at RW Baird. I really enjoyed the conversation we had about the markets and his process. Willie incorporates a number of breadth and sentiment measures that I’ve always been a fan of. He helps the Investment Advisors at the firm work with their clients and manages several portfolios as well. In this podcast episode we discuss a number of different things from Interest Rates to Gardening. It was fun to get to know Willie a bit more!
We are back with another episode of The Money Game Podcast with Phil Pearlman. Today we talk about the inability for some people trade US stocks from the long side due to biases stemming from past experiences. This is a real thing that we see constantly. So we talk about the causes, being aware of these feelings and what can be done to overcome these hurdles. I’m lucky that I’ve been through enough bull market and bear market cycles to not get stuck into betting on just one side or the other. But some people have a real fear of admitting they’re wrong and turning bullish at, what they think might be, precisely the wrong time. Some of this is driven by ego and some is just irrational anxiety. This is a really important conversation and one that I will likely listen to again several times over in the future.
Ari Wald is always one of my favorite Technical Analysts. Him and I were trained around the same time so we look at the market in a very similar way. Today Ari is the Head of Technical Analysis at Oppenheimer in New York and we’re very lucky to have him on the podcast. If you’re interested in learning more about Ari, go back and listen to his guest appearance in Season 1 (EP 2). In this episode, Ari and I discuss the current state of the US Stock Market. Included in the analysis are breadth measurements, important levels, smoothing mechanisms and sector rotation. Him and I can talk forever about this stuff so the time felt like it flew by. We covered a ton of material in a very short period of time. I hope you enjoy this one as much as I did!
I was lucky to spend a few weeks in Europe earlier this month meeting with customers, colleagues and old friends. For me it’s easy to get up in front of a crowd and talk about the charts that I’ve been staring at every day for over a decade. I can practically draw them for you at this point. Where I really win is in meeting with investors and traders from completely different cultures both before and after my events. I just got back from a trip to Athens, London, Paris, Amsterdam and Dublin. Between meetings, interviews and presentations, I was able to learn a lot from other investors and gain new perspective on things. That’s the point of all this. If we’re not going out of our way to learn, then what are we doing?
In this conversation, I sit down with our very own Sean McLaughlin to talk about some of my experiences on the road.