The Allstarcharts Podcast on Technical Analysis Radio: Current Market Analysis For Traders

JC Parets · An Interview With Larry McDonald | Conversations with JC Parets Today we sit down with my old pal Larry McDonald. When it comes to the bond market, Larry is the guy I want to talk to. And with Bonds getting off to their worst start to a year, maybe ever, what better time than the present to dive into the fixed income markets? While I had him, we also discussed the equities markets, commodities, metals and Crypto. This was a fun one. I hope you enjoy it as much as I did. Make sure to give Larry a follow on Twitter @convertbond Click here return to the episode page If you enjoyed this, here's where else you can hang out with us: Subscribe to my Youtube Channel Listen to Technical Analysis Radio on Apple iTunes, Android, By Email, Google Play or Stitcher Join All Star Charts risk Free Follow @allstarcharts On Twitter Follow @allstarcharts On Instagram Have any comments or questions? Give us a call: (323) 421-7991

JC Parets · An Interview With Trader Kimmy Sokoloff : Conversations with JC Parets Today we sit down and chat with Professional Trader Kimmy Sokoloff. I'm lucky to have known Kimmy for well over a decade, and we hit it off from the start. Kimmy went through the CMT program in the 90s. And funny enough, volunteered later on with the CMT Association to grade Level 3 exams, which are mostly essays. We joke that she most likely graded mine in 2007-2008. While I like to look out weeks and months for my timeframes, Kimmy focuses specifically on the hours and days. A 2 week trade for her is “Long-term”. We're both trained in similar ways, as CMT Charter holders. But our experiences are different. Kimmy spent most of her career in Institutional Sales and Trading. She spent decades on the phones all day with huge funds. So when Kimmy has something to say, we want to listen. I hope you enjoy this as much as I did. Click here return to the episode page If you enjoyed this, here's where else you can hang out with us: Subscribe to my Youtube Channel Listen to Technical Analysis Radio on Apple iTunes, Android, By Email, Google Play or Stitcher Join All Star Charts risk Free Follow @allstarcharts On Twitter Follow @allstarcharts On Instagram Have any comments or questions? Give us a call: (323) 421-7991

JC Parets · A Conversation with Financial Advisor Stephen Weitzel, Reveille Wealth Management On today's episode I sit down with Financial Advisor Stephen Weitzel. Stephen and I have known each other for many years. We're both big fans of Technical Analysis, good food and college football. So this was a lot of fun! Stephen walks us through his journey of first becoming a Financial Advisor, how helpful Technical Analysis has been for his practice and the journey towards $1 Billion in assets. I've had a front row seat to Stephen's growth, both as a business owner and as a Technician. It's been really cool to see and I'm going to keep rooting for him and his team. I always like to get different perspectives on the podcast, and I think this conversation is a great compliment to a lot of the other episodes we've done over the years. Make sure to follow Stephen Weitzel on Twitter @stephenweitzel and check out Stephen's firm Reveille Wealth Management. Enjoy! Click here return to the episode page If you enjoyed this, here's where else you can hang out with us: Subscribe to my Youtube Channel Listen to Technical Analysis Radio on Apple iTunes, Android, By Email, Google Play or Stitcher Join All Star Charts risk Free Follow @allstarcharts On Twitter Follow @allstarcharts On Instagram Have any comments or questions? Give us a call: (323) 421-7991

JC Parets · One-On-One with Josh Brown, The Reformed Broker & CEO of Ritholtz Wealth Management Big day today! I got Josh Brown to come on the podcast and talk about all things Technical Analysis and Financial Markets. Josh is probably friends with more Technicians across the country than almost anyone else. He respects what we do, and even works in some trend following systems at his own firm. We discuss all of it! In this episode we talk about Sector Weightings in Markets, how RIAs can bring Crypto to the portfolios of their clients and why Gold peaked 40 years ago when adjusted for inflation. We don't always agree on things, but that's what makes this fun. Josh and I battle it out in this one. Give it a listen and let me know what you think! Also make sure to Subscribe to Josh's Youtube Channel: The Compound RWM Enjoy! Click here return to the episode page Also See: The Dopest Charts On Earth (Oct 2021) Did The Market Peak In February (Aug 2021) Have any comments or questions? Give us a call: (323) 421-7991 If you enjoyed this, here's where else you can hang out with us: Subscribe to my Youtube Channel Listen to Technical Analysis Radio on Apple iTunes, Android, By Email, Google Play or Stitcher Join All Star Charts risk Free Follow @allstarcharts On Twitter Follow @allstarcharts On Instagram

JC Parets · FICC Analysis For 2022 w/ Paul Ciana It's always fun having Paul Ciana on the podcast. You guys familiar with the show have already heard some our conversations over the years. They're always insightful and he always gets me thinking. While here at Allstarcharts.com we approach the world through the lens of an equities investor, and use other asset classes as a supplement, Paul does the exact opposite. His days both begin and end with the study of Fixed Income markets, Commodities and Currencies. Paul is the Chief Global FICC Technical Strategist at Bank of America. In this episode we dive right into it starting with the US Dollar, Gold, Crude Oil and the most important currency crosses for Stock Market investors to focus on. We covered a lot in a very short period. Interested in where rates are going? We cover it. Lumber? Yup! Agriculture? Definitely. Precious metals? How could we not? You won't want to miss this one! Click here return to the episode page Also See: JC & Paul Ciana Podcast May 2021 JC & Paul Ciana Podcast May 2019 Have any comments or questions? Give us a call: (323) 421-7991 If you enjoyed this, here's where else you can hang out with us: Subscribe to my Youtube Channel Join All Star Charts risk Free Follow @allstarcharts On Twitter Follow @allstarcharts On Instagram

JC Parets · Charts, Baseball & Being Nice w/ John Roque In this podcast episode I sit down with one of my favorite technicians of all-time - John Roque. This is one of those people who influenced my thinking very early on. The combination of his simplicity along with sports analogies to describe market behavior made me a huge fan of his right away. This was about 15 years ago. Since then, you'll here me throw out John Roqueisms all the time. I learned a lot from his way of thinking. In this conversation we talk about the stock market, Gold, Bitcoin and Tech stocks. John also shares some fun stories about those who inspired him throughout his career and some of the things he's learned more recently. This was a lot of fun and a real treat for me. Click here return to the episode page

JC Parets · Pardon The Price Action w/ JC Parets & Steve Strazza | Fails Or Retests On this episode of Pardon The Price Action, we talk about whether these are all retests or failed breakouts. That's the big question. With Oil testing 76, Financials and Industrials retesting former highs, small-caps and even Bitcoin near critical levels, we want to know if this is just a pause, or the beginning of the end. All this and so much more on the latest episode Pardon the Price Action! Check out the YouTube Video to access all of the charts we discussed Click here return to the episode page

JC Parets · The Seasonality Episode w/ Jeff Hirsch, Author of the Stock Trader's Almanac As we make our way through the earlier stages of the most bullish time of the year, who better to talk to than Jeff Hirsch, Author of the annual Stock Trader's Almanac. When it comes to Technical Analysis, what we're doing is analyzing the behavior of the market, and therefore market participants. Seasonality falls under that umbrella and Jeff Hirsch is the ultimate authority on the subject. He's had a front row seat his entire life to how markets trend during different times of the year. In this episode, we talk about “The Best 6 months”, the 4-year Presidential Cycle, Commodities Seasonality, and we even get to learn a little more about his father Yale Hirsch, the originator of the Almanac back in the 1960s. Jeff Hirsch and I have known each other for many years and have hung out in Vegas, New York, San Francisco and hopefully many more fun cities to come in the future. So this was a blast! I hope you enjoy this as much as I did. Make sure to follow Jeff on Twitter @AlmanacTrader Click here return to the episode page

JC Parets · The Evolution Of Becoming A Technician w/ Brian G @alphacharts On this episode of the podcast, Steve Strazza and I sit down with Brian G, who many of you will recognize as @AlphaCharts on Twitter. I've been following Brian for many years and love a lot of the work he puts out. It was really fun hearing his story about how he became a technician. It isn't something that happens overnight, that's for sure. It's a process. First we get into the evolution of become a Technical Analyst, and then we dive into what we're doing about it in the current environment. Hope you enjoy! Click here return to the episode page

JC Parets · Momentum, Breadth & Seasonality w/ Ed Clissold, Chief U.S. Strategist at Ned David Research On this episode of the podcast, I sit down with Ed Clissold, Chief U.S. Strategist at Ned Davis Research. I've been a big fan of Ed's work for a long time, not to mention Ned Davis is one of my personal heroes. The work they do over there has been inspiring to me throughout my entire career. So as you can imagine, it was so fun and such a pleasure to chat with Ed. We talk about Market Breadth, Sector Trends, Momentum and Seasonality. If you have any exposure whatsoever in the market, or even thinking about putting on exposure, then this is the episode for you! Enjoy! Click here return to the episode page

JC Parets · Why Does Fibonacci Work? You guys know that I use Fibonacci levels to help us identify targets and manage risk. And you've all seen it work, with your own eyes, for many years. I have too, of course, as one of the gang here calculating these levels every day. But I've never quite understood WHY it works. How come these numbers keep showing up all over Nature. Why do the prices of stocks and other assets keep respecting these levels? When I get asked, I don't have an answer. But if there's anyone I'm going to ask, it's gonna be Bart. So that's what I did. And figured why not share this with all of you? This was a lot of fun! Click here return to the episode page

JC Parets · Talking About Humans w/ David Keller On this week's episode of the podcast, I sit down with David Keller to talk about all things behavioral finance. David is one of my favorite guys to talk to about the subject, so I reached out to him and said, "Dave, come on the pod and let's talk about humans". He happily agreed and so we hit the ground running talking about Anchoring Bias, Loss Aversion, Risk Management, Supply and Demand Dynamics and Market Sentiment. This wasn't just an academic endeavor. We also discussed current markets, price trends, momentum, breadth and Dave's favorite trade for the rest of 2021. I think you're really going to enjoy this one. I certainly did! Click here return to the episode page

JC Parets · Two Technicians Talking Charts w/ Ian McMillan In this podcast episode I sit down with Ian McMillan to talk charts and answer the question: Why Technical Analysis? Ian makes some good points about Financial Advisors who “buy and hold”, that you can often find at the golf course. He's always striving to be the opposite of that. When it comes to the market, we dive right in to talk market internals, major trends, Gold, Energy and Bitcoin. Ian and I have known each other for years so it's always fun to catch up and see what's on his mind. Enjoy! Click here return to the episode page

JC Parets · Fixed Income, Commodities & Currencies | My Conversation w/ Paul Ciana, CMT Bank of America Merrill This is a fun one. I got to sit down with Paul Ciana to talk about all things Fixed Income, Commodities and Currencies. Paul is now the Chief Global FICC Technical Strategist and Director of Research at Bank of America Merrill Lynch. But in the early days, him and I used to study for our CMTs together back in 2006. What's nice about this is that in his current position, and for 10 years at Bloomberg prior to his 5 years at BofA, he's had the opportunity to speak to many of the largest portfolio managers in the world. I want to know what he's learned from all those conversations! Paul always gives great perspective and as you know, the macro view carries a big weighting throughout our process. So this episode really hit home. I took advantage and just hit him with all my favorite questions and topics in the FICC world. And he just chuckled and happily answered most of them. This was great! I hope you enjoy this as much as I did! Click here return to the episode page

JC Parets · DeFi & Technical Analysis | My Conversation w/ Jim Bianco, CMT The DeFi Revolution is upon us, at least according to Jim Bianco. For many years, I've looked up to Jim and the work he's been doing at Bianco Research and, in fact, he's the one who first inspired me to rip through hundreds of charts during my live presentations in order to get my points across. It took me about a decade to realize it, but it was him who I got that from. Fast forward to 2021, and the Macro Technician who I've always admired has turned into one of the leading voices of what's taking place in DeFi, or "Decentralized Finance". Who better to talk to about what's going on than Jim himself? Ethereum, Bitcoin, Dogecoin, Yield Farming, Metamask Wallets, Coinbase....the whole thing. We dive right into it and talk about how investors of all kinds can take advantage of this revolution into a decentralized world. Traders, Investors, Financial Advisors and even their clients....what does everyone do about this? We do our best to answer those questions in this podcast episode. I personally really really enjoyed this chat. I hope you do too! Click here return to the episode page

JC Parets · One on One with Meb Faber - All Things ETFs, Momentum & Value This week on the podcast I sit down with Meb Faber, Co-Founder, CEO and CIO of Cambia Investments. In addition to his "Day job", as he puts it, Meb has authored 5 investment books, a countless amount of white papers, and is also a very popular follow on Twtter @MebFaber. This was really fun for me because Meb is an expert at a lot of things that I am just not, like what happens behind the scenes at ETFs, angel investing and academic studies. He brings up some great points about providing strategies that work, but that people also want/need. He has some strong opinions about share buy backs instead of distributing dividends, learning through acting and participating, and how lucky him and I are that we took the CMT decades ago when it was a lot easier than it is today! This was a lot of fun. Meb is a chill dude, but don't let him fool you, he's one of the smartest guys in the room! Enjoy! Click here return to the episode page

JC Parets · A Canadian Perspective w/ CIBC Portfolio Manager David Cox In a market environment where Financials and Natural Resources have become leadership groups, how do we not have a conversation about Canada? Taking that one step further, we need to talk about how any investor, whether living in Canada or not, can take advantage of a potential structural swing in the trend for Canadian Equities. David Cox is someone who I've discussed markets with for many years. We usually hook up every Spring in New York City at the annual CMT Symposium. It's only fair that I let the rest of the world eavesdrop on our chats. He's a bright guy with good perspective on all things stocks, interest rates, forex markets and even Bitcoin. David is a Portfolio Managers at CIBC and is a true trend follower. He tells it like it is. I really enjoy that about him. I was looking forward to having this conversation, and he exceeded all expectations. David really brings it in this episode!! I hope you enjoy. And make sure to give him a follow on Twitter @DavidCoxWG Click here return to the episode page

JC Parets · The Money Game: NO! Not Everything Happens For A Reason (EP.18) In the latest episode of The Money Game, Phil and I talk about the old cliché, ‘Everything happens for a reason'. It's funny because it doesn't. Not everything happens for a reason. What's the reason? It's hard for humans to accept the element of randomness. Sure, good things can happen after a tough breakup or losing your job. Like you can meet your future wife or start a successful business, all after what seemed like a negative event in your life. But connecting the 2 dots is silly. Now, it's perfectly natural for us as humans to want to do that, but it doesn't make it right. We inherently want to learn, and how I see, the best ways to learn are from experiences. Some of the most important lessons I've learned came the hard way, for sure. And I can think back to those moments and I'm now thankful for them. But they certainly didn't happen specifically so I could use that information to my advantage today. They were just events that happened, that fortunately I learned from. I think to believe that everything does happen for a reason makes you incredibly self-centered. You are a tiny spec of nothing in this massive spinning universe. To think that events all around you are happening for your benefit, or for some made up destiny of yours, seems irresponsible. Good things happen all the time in bad scenarios. Bad things can also come as a consequence of positive events. For example, the global pandemic was horrible. Many people died, businesses were shut down and so many people have suffered, particularly mentally. BUT, in many cases, families have gotten closer together, a lot of people have gotten in better shape, with more time on their hands to exercise. Many of my friends are thriving in this environment. That's life. Things happen. It doesn't have to be for a reason. So what's the prescription? Phil says to just live your life. Be a good person. Enjoy yourself. We're here. So let's make the best of it! Click here return to the episode page

JC Parets · The Bitcoin Episode w/ Greg King, Founder & CEO of OSPREY Funds Bitcoin is a market that we are very fond of here at Allstarcharts. You've heard me say it plenty: it's a beautiful case study for Technical Analysis. It's not a company. There are no fundamentals. And you guys have watched us analyze the behavior of Bitcoin and other Crypto Currencies since early 2016. It's been pretty amazing to watch and participate in a new market like this. They were telling us we were late to the party back then. They're still saying the same thing now. My bet is crypto is here to stay. So who better to have a conversation with than Greg King, Founder & CEO of OSPREY Funds, the newest vehicle to give investors access to this market. This is probably one of the most fun conversations I've had in a long time. For me, it's a price behavior thing, as you're all well aware. I'm not the expert in the technology and the regulatory mechanics behind these things. That's why I like keeping smart folks like Greg King around! I'm also a founding investor in OSPREY Funds, so I'm fully on board with their vision. After this conversation, as you'll see, I'm much more bullish crypto than I was before. This was so awesome. Enjoy! Click here to go to the episode page

JC Parets · Let's Talk About Bonds, Baby! w/ Larry McDonald Whenever I want to talk about bonds, I always know just who to call. Larry McDonald is a former bond trader at Lehman Brothers and author of the book, Colossal Failure of Common Sense. I highly encourage you to give it a read, especially if you're looking for some perspective on what really happened back in 2007-2008. It's no coincidence that I reached out to him to come on the podcast. Larry and I had a very timely conversation in February of last year. So with the bond market recently losing 5-6 Trillion dollars in such a short period of time, who better to talk to than by favorite bond trader. This was fun. We talked about the current move in rates and how that's impacting stocks and bond markets around the world. If you're looking for color on Credit Spreads and Yield curves, this is the episode for you. What's better than a good conversation about bonds?  Click here to go to the episode page.

JC Parets · Understanding Your Inner Market w/ Dr. Andrew Menaker The need to be right vs wanting to make money. Every trader has to solve this problem and it's not easy. On this week's podcast I sit down with Dr. Andrew Menaker to talk about what he refers to as "Your Inner Market". You guys already know how much I love a good chat about investor psychology, so this was really fun for me. I hope you enjoy! Click here return to the episode page

JC Parets · Weekly Town Hall Meeting w/ JC Parets & Willie Delwiche This is the weekly Town Hall Meeting w/ Willie & JC for members of Allstarcharts Plus. This week we were offsite and got together in person for our video. Hope you enjoy! We'll be back on our regularly scheduled program next week. If you'd like to become a Member of Allstarcharts Plus, you can find those details @ allstarcharts.com/plus In this week's meeting, Willie & JC discuss market breadth and sentiment and how it fits within the current volatility landscape. What are professional money managers to do in this market? Willie and JC dive in and talk about the best strategies to both profit and manage risk responsibly. Enjoy! Click here return to the episode page

JC Parets · Sector Rotation w/ Jonathan Krinsky, Chief Market Technician at Bay Crest Partners This week on the podcast, Jonathan Krinsky joins me for a chat about Sector Rotation. While the Mega-cap names like Apple, Google, Facebook, Amazon and Microsoft grinded sideways, or even down, since August, the Small-caps, Mid-caps and Micro-cap names have been the leaders. What happens if the Mega-caps break out of these bases to new all-time highs? Does the sector rotation continue? Or do we then rotate into the more defensive areas like Staples, Utilities and REITs, which currently keep making new relative lows? Where does the US Dollar fit into all this? Will a Dollar rally bust the party and end the rotation into International equities and Commodities? We discussed all of this and so much more in a very short period of time. Jonathan Krinsky is the Chief Market Technician at Bay Crest Partners and puts out research for many long/short equity fund managers. He's a CMT like me and we've known each other for many years. His perspective on markets always adds value. This was fun. Enjoy! Click here return to the episode page

JC Parets · Technical Analysis Radio Interviews: Veteran Technical Analyst, Jeff Weiss, CMT This week on the podcast, I'm thrilled to have Jeff Weiss, CMT join me for a really fun chat. If you know Jeff, you already know that he's quite the character. The stories he has from his early days in the 1960s and 70s are awesome. Have you ever heard of a squawk box? How about quote machines that you had to stand in line to use, and would still only get one stock quote at a time? In this conversation Jeff shares old stories about how he got his first job, cold-calling CEOs of different firms until one of them finally gave him a shot. Even if you're not into Technical Analysis, and you're just a fan of the market, or business in general, this episode is for you. Make sure to check out Jeff's book: Relationship Investing, named "Best Investment Book of the Year" by the 2018 Stock Trader's Almanac. This was a ton of fun. Big shout out to Jeff Weiss for joining me on the show. Enjoy! Click here return to the episode page

JC Parets · Happy Hour w/ Traders: Hosted by JC Parets & Joe Fahmy [Holidays Edition] Oh man this was a lot of fun! Fahmy calls me up and says let's invite everyone to a zoom call and talk about markets and drink Champagne. Obviously, I said I was in! We had two questions we were asking, 1) What was the biggest lesson you learned in 2020, and 2) What's your best trade for the first half of 2021? Next July, whoever ended up picking the best trade gets a donation from us to the charity of their choice, plus I hand select a bottle of champagne and will be sending it over to the winner. This was a great conversation with a group of really smart people. I'd be taking some notes on this one. There's good stuff in here. Enjoy!

JC Parets · The "Post-Spreadsheet" World | JC & Howard Lindzon on Happy Hour w/ Traders This week on Happy Hour w/ Traders, I sit down with venture capitalist Howard Lindzon. He's a Tech investor, or that's what it feels like from my perspective. So my question was how he invests when money is rotating out of large-cap tech and into other areas? This sparked an interesting conversation about using today's tools to generate new ideas, even if they're out of your wheelhouse. We have a massive community and new tools at our disposal that investors before us never had. Let's be grateful, and let's take advantage! Click here return to the episode page

JC Parets · Post U.S. Election Special | My Interview on Opto Sessions with Ed Gotham On this week's podcast, I wanted to share a recent interview I did on Opto Sessions with Ed Gotham over in London England. Our chat took place on Thursday afternoon November 5, 2020, just a couple of days after an unresolved election. My main points revolved around focusing on price trends and worrying less about election results, at least as far as portfolio decisions are concerned. Ed came at me with a bunch of great questions. I appreciate how direct he was. I wish more interviews I did came at me with such relevant topics and ideas. I really enjoyed this one. Thanks Ed for a fun chat! Click here return to the episode page

JC Parets · Technical Analysis Radio Interviews: Hedge Fund Manager, Mark Dow Mark Dow has been a guest on this podcast more times than anyone else for a good reason. Selfishly I always enjoy chatting with him. His perspective is fascinating to me because he does such brilliant job of combining price behavior with sentiment analysis and the global macro intermarket backdrop. Mark worked for the U.S. Treasury Department in charge of Emerging Markets in the early 90s before ultimately running money for a Global Macro Hedge Fund in New York City. So he has a lot of opinions on economics and politics, but he's great at not letting those things get in the way of his price behavior and sentiment analysis. He's figured out how to separate them but also use his expertise to his advantage. That's not any task. I loved this conversation because we talked about how institutional investors are positioned coming into the U.S. election, how currencies and interest rates around the world are being affected, and in turn how they are affecting other asset classes. I ask him about Bitcoin and Gold and which one will win that battle. Of course, the US Dollar and Emerging Markets were part of the discussion (we can't help ourselves whenever we get together), but we talk about how EM is now being driven by Technology and no longer the Natural Resources of the past. Make sure you're following @mark_dow on Twitter. This was fun. Give it a listen! Click here return to the episode page

JC Parets · My Interview With Jack Schwager - Author of Market Wizards I've done over 115 Podcast episodes and I don't remember being this excited to interview someone. I've read all the Jack Schwager books and some of them multiple times. I know traders who regularly read these chapters as part of the mental training. Think about it, Jack has interviewed the greatest traders in history. All of them. It's incredible. And you know what strategies he uses to trade his own personal money? Technical Analysis. He's interviewed all of the best traders for his Market Wizards books. And he says about half of them choose their market direction using Technical Analysis. But almost all of them have some sort of Technical component for risk management. This concept of Risk Management is the one common denominator between all of the most successful Traders. Jack also pokes fun at the Efficient Market Hypothesis, which you know always brings a smile to my face. He discusses some of the success of these traders and how their consistent returns over such long periods of time completely dismiss what he refers to as the Deficient Market Hypothesis. Don't walk to listen to this one. Run! Click here return to the episode page

JC Parets · The Money Game: Experiences Over Things (EP.17) 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. Click here return to the episode page

JC Parets · Audio From All Star Options October Conference Call 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. If you are interested in learning more about All Star Options, check it all out at allstarcharts.com/join-options Click here return to the episode page

JC Parets · Technical Analysis & Financial Media: A Conversation w/ Frances Horodelski 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! Click here return to the episode page

JC Parets · The Sooner We Can Find Out We're Wrong The Better | My Interview on The Meb Faber Show 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 was a lot of fun. Enjoy! Click here return to the episode page

JC Parets · Happy Hour w/ Traders: The Breadth Debate feat. Thrasher, Strazza, Hurley & Delwiche 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! Click here return to the episode page

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! Check it out! Click here return to the episode page

Today we have a special episode of the podcast. I think it's important to take a step back from the markets and Technical Analysis sometimes, and talk about something that is universal to us all. For this episode I invited Morgan Housel to come and talk about the importance of writing. For those of you who have been following my work for a long time, you often hear me talk about the personal benefits of putting my ideas down on paper. Sure, people all over the world get insight into what our firm is thinking, they get steady idea flow from my blog, and in some lucky cases, people might even learn something. But the truth is, my writing is an incredibly selfish endeavor. It forces me to think through the important concepts. And as Morgan talks about in this episode, the inability to express my thoughts in written form probably means my idea is stupid to begin with. The easier it is to write about, the better it will usually be received by our audience. Morgan Housel is definitely one of my favorite financial writers in the world today. I know a lot of smart people who would agree with that. Whether you're a market participant or not, but especially if you are, I think writing consistently is one of the most valuable things you can do. Even if you don't share it with the public, and just keep it to yourself, I encourage you to get into the habit of writing. Think about it, people were keeping a journal and writing their ideas down way before blogs existed. There's a good reason for that. On the flip side, when it comes to reading, Morgan also had a few thoughts he wanted to share with us. He is very much against the Trophy Reading and ripping through an ungodly number of books just for the sport of it. He's gone down that rabbit hole before and learned that he's better off reading just 1 book a month, taking his time, talking to smart people about it, and really digesting it. He made some really good points about this. This was a really fun episode and one that I think is a great compliment to a lot of the other conversations we've been having with smart folks about the markets. Enjoy! Click here return to the episode page

Jeff Macke is the guy I turn to whenever I have questions about the Consumer. Anything retail, restaurants, internet sales, he's the one we want to listen to. Jeff and I have known each other for many years and are friends with a lot of the same people. On my Youtube Channel, you can find an old clip of him and I talking about Gold & Silver back in January 4, 2012. In this episode we talk about the restaurant stocks, pharmacies, which areas he wants to avoid and which ones he wants to own. He says the pair trade of the decade could very well be: Long Shaquille O'neil (Papa Johns $PZZA) and Short Kanye West (The Gap $GPS). This was a really fun conversation. I picked up some good ideas and had a few laughs. I hope you enjoy! Click here return to the episode page

JC Parets · Season 3 EP 24: Katie Stockton, Founder & Managing Partner, Fairlead Strategies I'm so excited to have Katie Stockton on the podcast. Katie is someone whose work I've followed my entire career. Even early on, she was there talking about oscillators and price behavior. She's certainly on the list of Technicians who have influenced my work over the years. Back in the day she worked with Mike Hurley, another friend of the podcast and our featured guest in mid-March. After spending most of her career on the sell side, Katie has adapted to the changes in traditional wall street research and has now gone independent, recently founding Fairlead Strategies. This was a fun conversation that I really enjoyed. Prior to recording, I told her to just pretend we're at a wine bar with our laptops. What would that sound like? This is that! Click here return to the episode page

In this episode of the Money Game, Phil and I talk about how Technical Analysts have an advantage in the current global environment. The fact that we're accustomed to focus on price behavior, and therefore tune out all the noise, we already have those good habits in place for a world filled with more noise than ever. I see people daily poisoning themselves with massive doses of news consumption, particularly horrible things happening all over the world. This conversation brings up some great points about taking care of your business, your family, your health and making sure that the things you can control are in order. If you don't have your own house in order, you can't help others. So if you really want to do right by the world, take care of yourself first, and then you will have the ability to help those in need.  This was a really cool comparison Phil is making about the advantages technicians have in the current world. Click here return to the episode page

Jordan Kotick is one of the key people that early in my career inspired me to be more intermarket oriented. They would ask Jordan about the S&P500 and he would go into a tangent about bonds. They would ask him about Emerging Markets and he'd whip out, what he refers to as, "Chinese Dow Theory". For over a decade, Jordan was the Managing Director of Macro Strategy at Barclays and then Managing Director of Cross Asset Strategy at RBC Capital Markets. He is the first person to have ever been president of both the CMT Association (then called the MTA), and the Canadian Society of Technical Analysts (CSTA). In this podcast episode we talk about some of the great lessons Jordan learned over the years and what sorts of markets and charts investors should be paying attention to in the current environment. This was a really fun conversation and was great to catch up! Click here return to the episode page

JC Parets · Season 3 EP 22: Jeff deGraaf, Founder of Renaissance Macro Research Jeff deGraaf is one of those analysts who influenced me very early on. Something I've always admired about him is how much emphasis he puts on first identifying what type of market environment we're in, before then giving more or less weight to different tools and indicators. This is one of those important steps that I think gets forgotten quite often when you see investors trying to always incorporate a certain strategy or approach regardless of the environment. In this episode, Jeff compares this stock market crash, and subsequent recovery, to others in the past including 1987. He does a nice job of incorporating what is currently taking place in Bonds and Gold into his analysis for stocks. I think there are a lot of great lessons in this conversation with, who I believe, is one of the best Technical Analysts in the world today. Click here return to the episode page

JC Parets · Season 3 EP 21: Chris Ciovacco, Chief Investment Strategist, Ciovacco Capital Management Chris Ciovacco is someone whose work I've followed for many years. His approach to markets is similar to mine, in that he incorporates a weight-of-the-evidence technical strategy. His open-mindedness and ability to set up multiple outcomes to prepare for, is one to be admired. In this episode, Chris walks through his thought process when analyzing the current environment. He makes a great comparison to early 2009 and asks whether we're in January '09, just before another severe decline in stocks, or in May, on the way up after already bottoming. This is a great episode that I hope makes you think differently and inspires you to keep an open mind and come up with your own possible scenarios for the coming months and quarters. This was a fun one! Make sure to follow Chris Ciovacco on Twitter and at Ciovacco Capital Management Click here return to the episode page

Adam Koos is a portfolio manager who uses Technical Analysis to make decisions for the clients he advises. In times like these, Financial Advisors all over the world are getting asked the hard questions. In this episode, Adam talks about how Technical Analysis has helped both his decision making and the communication with the families he works for. It's really cool to see these tools helping advisors everywhere, and especially a friend who I speak to regularly about markets and other common interests, like sports and wine. Adam and I were coincidentally both featured in a Wall Street Journal article this week where we shared some of our favorite tools to help us in the current environment. He is the Founder of Libertas Wealth Management Group, and I loved hearing his stories about how his career first started 20 years ago and the path that led him to where he is today. We also hear his thoughts on the current market environment and the kinds of things we should be thinking about. I really enjoyed this episode. He brings up some great points that hopefully opens up a larger dialogue. Click here return to the episode page

A couple of weekends ago, I had the privilege of hosting Chart Summit 2020, an online virtual Technical Analysis conference. We had over 30 presentations, 10,000 attendees and raised a ton of money to help the people who need it most right now. A great part about the whole thing is, not only all the fun we had, but how much we all learned! I'm so excited about it that we decided to turn my conversation with Jay Woods into a podcast episode, so you can listen to it on the go. Jay is a good friend and currently a Floor Governor of the New York Stock Exchange. It's one of the most beautiful buildings in the world and it represents so much. Jay is an ambassador for everything it stands for. In this conversation, Jay walks us though exactly what's going on in the minds of all the traders and market makers that are used to spending their days on the floor of the exchange. These are some interesting times. I couldn't think of a better momentum to bring Jay into the conversation. This was a great chat that I wanted to make sure to share with all of you. I hope you enjoy our discussion, and make sure to check out all the presentations at ChartSummit.com!

The videos of all the presentations are now up and you can go to ChartSummit.com and stream them for FREE! As we always like to do here after Chart Summit, Steve Strazza and I sat down to discuss what we just witnessed. This was one of the most amazing list of speakers I've ever seen at a Financial Conference. I can't even believe we were able to pull this off! Plus, we raised over $50,000 in donations, on the first day alone, to help fight coronavirus. Thank you to everyone who attended and donated! Also, big shoutout to Traders4ACause for helping us choose the organizations we're donating to and collecting all the money. We could not have done this without you! In this episode, we talk about the best presentations, the best charts and the common themes among the presenters. I think it always adds value to think back at what was discussed and reiterate a few of the important points that were being made by the best in the business. From Brian Shannon, Ari Wald, Craig Johnson, Gina Martin Adams, Andrew Thrasher, Frank Cappelleri, Paul Ciana, the list goes on and on....We discussed the current environment for the US and Global Stocks, Interest rates around the world, Gold and other metals, US Dollar and other currencies around the globe. There was so much value. This was my favorite Financial Conference of all time. Easily. I hope you enjoy our discussion, and make sure to check out all the presentations at ChartSummit.com!

Mike Hurley has been an inspiration to me for many years. When it comes to market breadth, this is the guy. He'll tell you he learned it from his predecessors and how he's standing on the shoulders of giants and all those things he discusses in this episode, but for me personally, he's been a great influence for sure. Many of you know how seriously I take my breadth work and how valuable it has been to so many of us for many years. It's people like Mike and others who have helped my process evolve to where it is today. This was a really fun podcast for me because the topic of market breadth and internals is so near and dear to my heart. In this podcast episode, Mike and I talk about history and how different turning points in the stock market have been led by breadth deterioration (at tops) and breadth improvement (at bottoms). We also discuss 2020 so far and how breadth was deteriorating well before the S&P500 and Dow hit their ultimate highs. Once again, it was breadth that got us out of the way of trouble this cycle. Give this one a listen. I think it's one of those episodes that can live for a lifetime and help people many years (or decades) into the future. Click here return to the episode page

Larry McDonald is the guy I turn to when I want to talk about the Bond Market. He always has something insightful about what's happening that I'm probably not seeing. We've become friends over the years but I originally got to know who Larry was by reading his book, Colossal Failure of Common Sense. This is a book about the collapse of Lehman Brothers being told by a bond trader inside the firm. I encourage you to pick it up and give it a read. It will give you good insight as to what exactly was taking place at the time. In this podcast Larry tells us a good story about the day his team had the most profitable day in the history of the bond desk at Lehman and Dick Fuld didn't even bother to come down and say hi. The market today is different than it was in 2019. What's going on in the bond market is playing a huge role. I couldn't think of a better time that the present to bring in my friend Larry McDonald to discuss what we're seeing out there in the markets. This is always a lot of fun talking to one of my favorites! Click here return to the episode page

Jeff Hirsch is the Author of the Annual Stock Trader's Almanac. He, and before that his father Yale Hirsch, has been publishing the must-read almanac every year since 1967. This year is the 53rd edition of the Almanac and a lot of the smartest traders I know keep the most recent copy on their desk. I personally have issues I've kept going back decades. When it comes to Seasonality, whether it's the 1-year cycle, Presidential cycle, or even intra-month and intra-week cycles, Jeff is the person I turn to first. The month of January brings along a ton of information we can use to help us make decisions in the stock market the rest of the year. The track record is pretty spectacular, as we discuss in this episode. Today, Jeff uses these seasonal trends to help him in his role as Chief Strategist at Probabilities Fund Management. In this episode of the podcast we discuss what the down January might mean for the rest of this year, how markets tend to behave on Election Years and why Seasonal trends are so important to recognize. Charts and Graphs for this Episode are all available inside the 2020 Stock Trader's Almanac

On this episode of the podcast I'm really excited to bring in Quantitative Researcher Chris Cain. Chris found his love for building trading systems while he was a market maker in the bond market for over 10 years. Today he works with Larry Connors and just published a book called The Alpha Formula that you can purchase at a discounted price at Tradingmarkets.com. (Use the Promo Code: "TAF2020" to get the book at half price!) We laugh during the podcast that Chris is so hardcore about this stuff the he actually teaches a course in Python specifically for traders and building strategies. His goal with these systems is to recognize and take advantage of our human behavior flaws so we go over a bunch of those, which I always think is helpful. He also walks through one of the 4 models and explains how having several uncorrelated strategies increases risk adjusted returns. This was a really fun conversation with one of the smart ones! Click here to see all of the Charts mentioned in this episode

I can't believe I'm publishing the 100th Episode of this podcast that I started in the summer of 2017. My first guest ever was Ralph Acampora! I mean, how could it not be right? Since then I've had the privilege of interviewing Portfolio Managers, Traders, Analysts, Best Selling Authors and even a World Series of Poker Champion! People all over the world have approached me how much they've learned from listening to the podcasts. It's been an amazing experience for me all around. Since it's Episode 100, how can I not invite Ralph back on the show to talk markets? In this episode Ralph describes the recent trip that him and I took to India. We both had an awesome time and are blown away by the interest out there for Technical Analysis. It really is incredible. He thinks we're going to see breakouts in Gold and Silver soon but that's not necessarily bad for stocks. Both can rise together. I always enjoy my conversations with Ralph. He has great old stories about technicians that we're too young to remember or even know about. He's good with giving credit to some of his predecessors that probably don't get the recognition these days that they deserve. Louise Yamada for example gets a lot of credit for the phrase, "The bigger the base, the higher in space". But she'll tell you that she got that from her boss and mentor Alan Shaw. And Alan will tell you that he learned it from his boss. So I think it's important to remember the ones who came before us. I would argue that over 95% of what you see me do, say and talk about comes from something I learned from my colleagues and/or predecessors. I didn't make any of this stuff up. The credit goes to all of them and in most cases they have all been guests on this podcast. I want the world to be able to learn from the people that I learned from and continue to learn from every day. Ralph is a great example, obviously! Click here to see all of the Charts mentioned in this episode.

There are a lot of people out there who would rather fight trends than take advantage of the ones that are already in place. The idea is they are always looking for the reversion to the mean. And while some think prices always come back to the mean, it's often forgotten that the mean can also catch up (or down) to price. I learned this lesson the hard way in 2013 and it has served me well ever since. This episode is short and sweet but I think adds a tremendous amount of value. When I asked Phil to comment on the subject, he said, "Give me someone who can adapt, someone who is flexible over someone who is a rocket scientist any day because I can teach him to ignore that voice inside his head telling him that breakouts must revert. The mean reversion heuristic is just one more example of how conventional thinking styles, that come hard wired in most of us and which serve us just fine in most environments, require suspension in the trading turret." Click here return to the episode page