An Exceptional Trading Season Is Right Around the Corner
Listen now
Description
On this week's Stansberry Investor Hour, Dan and Corey welcome Greg Diamond back to the show. Greg is a fellow analyst at Stansberry Research and editor of the trading advisory Ten Stock Trader. With nearly two decades' worth of experience trading and managing every asset class, Greg is an expert at technical analysis and interpreting market cycles. Greg kicks things off by reviewing the inflection points he predicted last time he was on the podcast. He explains what these time cycles mean and how they've influenced his trading strategy this year. He also discusses the upcoming presidential election and how crucial it is for investors to put aside their biases. According to Greg, the market's wider emotional reactions to the election could present some fantastic buying opportunities. (0:55) Next, Greg breaks down famed trader W.D. Gann's technical strategies into simple terms. He emphasizes that the "why" in market cycles is not really important. What matters is whether history is repeating or not. Greg warns of cycle inversions, however, and points out that many charts and algorithms in technical analysis just reflect human emotion. Investors will naturally reach different conclusions about the market, which creates volatility. (17:03) Finally, Greg talks about short-term trading versus holding stocks for the long term. He shares that this presidential election is the most excited he has been about trading since 2022. Greg foresees "an exceptional trading season" after a fairly boring start to the year. And he hammers home that investors should be careful of increased volatility for the next few months and possibly even the next few years. (39:41)
More Episodes
On this week's Stansberry Investor Hour, Dan and Corey are joined by Dr. John Sviokla. John is an author, executive fellow at Harvard Business School, and co-founder of GAI Insights – the world's leading generative artificial-intelligence ("AI") analyst firm. He joins the podcast to talk all...
Published 11/18/24
On this week's Stansberry Investor Hour, Dan and Corey welcome Martin "Marty" Fridson back to the show. Marty is an author and expert in the field of high-yield bond investing. He is also a senior analyst at Porter & Co.'s Distressed Investing newsletter. Marty kicks off the show by...
Published 11/11/24
Published 11/11/24