In this episode I asked my friend Ryan Detrick to come talk about the quantitative work he does as part of the technical analysis he provides for advisors at LPL Financial. I have been following his work for years and have gotten to know Ryan well during that time. I was really looking forward to this conversation and it exceeded all of my expectations. Ryan does an excellent job of using basic mathematics to debunk popular myths told to investors about the market. We discuss the impact of a rising rate environment on U.S. stocks, the Yield Curve, Stock Market Seasonality and some of the things he is currently watching. This is a can’t-miss episode!
There are few people in this world who spend as much time with active traders as Mike Bellafiore, who has been a Managing Partner at SMB Capital since 2005. I think his unique perspective on trading and traders themselves is the perfect compliment to a lot of the other guests that we’ve had on the podcast. In this episode, Mike talks about some of the qualities that he’s seen in the more successful traders as well as common mistakes he sees being made on the desk. Throughout the conversation, Mike gives us an inside look into the trading floor, how they separate traders into teams and the way the more experienced, proven traders help the younger up and comers. I really enjoyed this one!
This week I’m thrilled to have my pal Todd Gordon on the show. He is what I like to call an “Elliottician”, meaning he approaches the market using the Wave principle developed by Ralph Nelson Elliott throughout the 1930s. Todd Gordon, of TradingAnalysis.com walks us through his wave counts for the S&P500, Gold, and Semiconductors. In this episode, I think we demystify and answer some of the questions we all have about Elliott Wave and its practicality. I encourage you to have the charts with you when you listen to this one because Todd goes over several Elliott Wave counts that will make a lot more sense if you’re following along visually. He does a good job of explaining things so you can also go back and listen again with the charts in the future. I hope you enjoy this one. I really did!
This is only the second episode of The Money Game Podcast that I’ve recorded with Phil and I’m already learning a ton. The idea behind these conversations is to help make us more aware of our bad habits driven by our cognitive behavior flaws. In this episode, Phil and I talk about Loss Aversion and the fact that as investors, and in life, we are motivated more by our fears than we are by our potential to win. This is an incredibly complicated topic so I think it’s important to start this conversation early in this Money Game Podcast series.
I’ve known Dan Russo for a long time and he always brings amazing insights and trade ideas. He’s experienced, knows the markets and most importantly, he puts in the work. I have a tremendous amount of respect for him and his technical analysis. It was a real treat picking his brain and discussing what he is currently seeing in the market. In this episode, we talk about U.S. Stocks and the sector rotation that is taking place. He shares his thoughts about Healthcare stocks, Consumer Discretionary and life. I really enjoyed this conversation!
I’m so excited to announce that I’ve started a new podcast with my friend Phil Pearlman! We’re calling it “The Money Game” and we’ll have a new episode out each week. For you guys who are unfamiliar with Phil, he earned a doctorate in clinical psychology and has always been the person I turn to when I have questions about human emotions and cognitive behavior. As a technical analyst, what I’m doing is analyzing the behavior of the market and market participants. So understanding who we are and why we act the way we do is part of that process.
Phil and I used to do weekly youtube videos back in 2013 that he would call “Weekends With Allstarcharts”. Fast forward 5 years later, and with the power of technology, we’re bringing it back as a podcast.
The ongoing joke among many of my friends and I is that the last thing this world needs is another podcast. I would counter that and say that another podcast is exactly what this world needs. Podcasts are great and there are some really good ones that add a ton of value to my week.
Phil and I have been good friends for a long time. He’s always asking me what’s going on in the market and I’m always asking him about our brains, life, health and family. So all we’re really doing is recording our conversations. We’re going to discuss a different topic every week about our cognitive behaviors and Phil is going to ask me to explain what’s happening in the market from a technical perspective.
This is going to be a lot of fun!
I first launched Technical Analysis Radio a year ago in August of 2017 with the intention of having regular conversations with the smartest Technical Analysts in the world. We did 25 episodes in Season 1 and are already several episodes in on Season 2. These interviews will continue on their regular schedule, but now we’ll add The Money Game Podcast to that same channel. So there is no need to resubscribe to anything new. Both the Podcast Interviews and the Money Game with Phil will be on the Technical Analysis Radio feed.