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InvestTalk

05-10-19: Opinion: The Market’s Uptrend Has Been Shattered, According To Technical Analysis

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 11 May 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

A China trade deal could produce a major relief rally, but markets are rattled and further downside risk must be considered.

Today's Stocks & Topics: Trade Tariffs, PPI & PPC Reports, ATVI - Activision Blizzard Inc., ET - Energy Transfer LP, DIS - Walt Disney Co., GUSH - Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares, Oil, CTSH - Cognizant Technology Solutions Corp., IRM - Iron Mountain Inc., TVIX - VelocityShares Daily 2x VIX Short Term ETN, Technical vs. Fundamental Advisers, Do Not Waste Your Money On These Things.

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Transcript

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0:00.0

Steve and justin used why charts for their winning investment research

0:04.4

so start your free trial now and if you purchase mention invest talk and get a generous

0:10.4

discount at why-charts.com. This podcast is produced by KPP Financial, Steve

0:19.4

Peasley President, KPP Financial, Independent Thinking, shared success.

0:26.3

And now today's podcast.

0:27.8

Good afternoon everybody and welcome to Invest Talk it is Friday May 10th

0:36.4

2019 I'm Steve Peasley and I thank you for joining me today and of course I hope you

0:42.2

will call me as well. This show is driven

0:44.9

by you your questions move it along make it interesting for me and everybody

0:50.3

else and we'll talk anything financial.

0:53.0

Anything you want to talk about, as long as it's in the financial area, we'll discuss it.

0:58.4

Okay?

0:59.4

And of course our goal here is for all of us to achieve financial freedom and how to get there and what steps are we.

1:06.6

How long are you along, how far along are you on the path to that financial freedom.

1:12.6

And you gotta think independently.

1:14.2

You gotta, you know, we're gonna try to share everybody's

1:18.3

success with all of this, but you gotta,

1:20.9

we gotta think independently.

1:22.2

We can't just, you you know buy into the crowd of what they're saying and that's true and just do what everybody else does that doesn't work. You got to think about it yourself.

1:31.0

Now today in this era I'm going to do my best to help you think

1:34.7

independently and that's why when I answer even answer a question on an

1:39.4

individual stock I try to bring something into it that is more general for everybody else not just

...

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