Mon, 22 February 2021
In this episode, the coaches analyze the potential in Energy stocks moving forward. Energy has been a hot sector as of late, up +5% the past week, +17% year to date, and +26% in the last 3 months. For years, Energy stocks had been out of favor for many participants in the market. Recently Crude Oil has started to gain some bullish traction and has moved from the high $30's in November to up over $62 dollars per barrel today. Listen in as the Coaches discuss the potential for Energy stocks to capitalize on higher crude oil price and potentially play some 'catch up' to the broad markets during our Feature.
Before that, we analyze the broad markets during our weekly Skyline. Earnings season is approaching the end for this quarter and stocks have held up pretty well. For the month, Indexes are up across the board, although they've stalled recently. Oil has been on fire, gold is fighting for support, and Bitcoin volatility continues. Listen in as we discuss all of the price action and news that is impacting markets right now.
Lastly, Coach Mark has a quiz game for Matt and Tim with questions about oil, oil history, and gas prices. Do you remember the price of a gallon of gas in 1961? How about when you graduated high school? Listen in as we have some fun answering Mark's quiz questions.
Direct download: Trading_Justice_413_Energy.m4a
Category:general -- posted at: 4:11pm MDT
Mon, 15 February 2021
In this episode, we discuss special purpose acquisition companies (SPAC's) also known as 'blank check' shell corporations. SPAC's have been around since 1993 but their popularity has exploded in recent years. SPAC's are used to turn private companies into publicly traded companies outside of the traditional IPO process. In 2019, SPAC's raised $13.6 Billion in funding, in 2020 that number was $80 Billion and in 2021 so far they've already raised $44 Billion. Listen in as Coach Mark details the history of SPAC's, explains how the process works and discusses some of the opportunities in them.
Before that, the coaches discuss the current market conditions during our Skyline. Earnings season is near wrapping up as most companies have reported - and beat - on their Q4 numbers. Stocks are at or near all-time highs as stimulus optimism, strong technical charts, and general bullishness have continued. And, bitcoin is near $50,000 per coin after a week of news around corporate adoption from the likes of Bank of New York Mellon, to Mastercard to Canada approving it's first Bitcoin ETF. Listen in as we discuss all the price action and news.
Lastly, Coach Mark has some great quotes that relate to money and investing where Matt and Tim have to guess who said it and 'name that quote'. Play along as we have some laughs during our weekly special segment.
1:12 Market Skyline
1:50:00 Quote This
Direct download: Trading_Justice_412_SPAC_Attack.m4a
Category:general -- posted at: 5:07pm MDT
Mon, 8 February 2021
In this episode, we welcome friend and recurring guest Pete Thomas back for a conversation about markets, investing, and precious metals. Pete has been in the metals business for over 4 decades and has seen a lot of crazy action including when the Hunt brothers tried to corner the market in 1979-80 and silver ran to $55 an ounce. Matt and Pete sit down for a discussion about what is happening right now in metals and what to look for from gold, silver, and other metals moving forward into 2021.
Before that, we analyze the broad markets during our weekly market skyline. Stocks are at all-time highs after a tremendous bounce last week. The stock market had its best week since November on many indexes and part of the reason has been continued optimism regarding stimulus, strong Q4 earnings results (particularly in revenue beats), and bullish technical trends. We discuss these themes and more during this popular weekly segment.
Lastly, the Tampa Bay Buccaneers and QB Tom Brady won the Super Bowl on Sunday night. This marks Brady's 7th Super Bowl victory. In the spirit of football, coach Mark has built some quiz questions to ask Matt and Tim about last night's game.
1:24 Market Skyline
20:20 Pete Thomas
1:19:52 SB Quiz
Direct download: Trading_Justice_411_Pete_Thomas.m4a
Category:general -- posted at: 4:08pm MDT
Mon, 1 February 2021
In this episode, Matt, Tim, and Mark discuss the recent mania around Gamestop. Gamestop, a heavily shorted company that has been in a downtrend for years prior to the last 6 months. The stock broke out last week with extreme price movement. On a day by day basis, the stock has moved so violently that it has caught the attention of the public as well as market participants. On Thursday, Robinhood (and other online brokers) stopped opening transactions on GME as well as other symbols. Robinhood has come under fire for the moves, and there are still lots of questions surrounding their actions, what happened and why. Listen in as we discuss what has been happening, what it means for traders, and what we should watch for moving forward.
Before that, we analyze the broad markets during our Market Skyline segment. Stocks are up on Monday after a pullback last week. There are new conversations starting regarding stimulus - where President Joe Biden is meeting with 10 republican senators over their trimmed down proposal. Earnings have been busy, with Apple and Microsoft reporting last week (along with over 100 other S&P 500 co's). Also, Silver rocketed higher on Monday as it's captured the attention of many traders. Listen in as we discuss all of the news and analyze what to watch for moving forward in this weekly segment.
Lastly, Coach Mark brings some questions from our community for another edition of the Coaches Mailbag. Are trail stops viable on stocks like AMC rocketing higher? How would you manage a short call on SLV after the big rally? Listen to the coach's answers in this informative segment.
1:55 Market Skyline
48:36 GME Mania
1:46:16 Coaches Mailbag
Direct download: Trading_Justice_410_GME_Mania.m4a
Category:general -- posted at: 5:32pm MDT