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SteadyTrade

Ep 130 - Hot Sectors, Trends, and Sympathy Plays

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 14 January 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Kim continues her pennystocking journey with guidance from Tim's decade of experience. Your hosts discuss sympathy plays, hot sectors, and trends. Both hosts explain the importance of putting yourself first and give the listeners homework for the next episode.

Transcript

Click on a timestamp to play from that location

0:00.0

It's almost bizarre to think about the world before Uber, you know. It's like, I mean, rental cars suck, you know. It's like, I mean, how great is it just to, you know, Uber? You don't have to park in the parking garage. You don't have to get validated by the valet. You don't have to return it at the airport. Nope. It's just, I mean, I live in the middle of nowhere. I mean, I have to have a cover.

0:22.0

I'll probably be one of the last

0:23.4

thousand people with a car in the world. But if you were in New York City, I mean, you know. You want Uber. But here on Hawaii Island, you know, we actually technically have Uber, but you can't use it because there's no drivers.

0:38.7

Oh, boo-hoo, I feel so bad for you.

0:40.8

Poor Kim living in Hawaii can't get Uber.

0:46.2

You're listening to the Steady Trade Podcast.

0:50.8

A podcast that inspires traders to make meaningful strides and pursue their passions.

0:57.1

Your hosts are Tim Bowen, the lead trainer at Stocks to Trade Pro, Kim Ann Curtin, the Wall

1:03.2

Street coach, and Stephen Johnson, the up-and-coming trader who's always willing to learn.

1:08.9

Together, we'll sit down with experts to talk about their process, the lessons they've

1:13.8

learned, and discuss how all traders can level up their trading careers.

1:20.0

All right, as I mentioned in the introduction, back with this steady trade podcast.

1:24.9

And, you know, it's another one of those episodes.

1:26.6

We've got an interesting topic.

1:28.5

You know, Kim and I think a lot alike.

1:30.7

But we're always on that lookout for the next trade idea, the next trade concept, the next theme.

1:39.4

You know, if you listen to this podcast, you'll, you know, especially in the past, you know, Stephen and I talk about hot sectors, hot sectors, hot sectors. You hear that all the time. You know, we tell you, especially if you're a new or a part-time trader, we will beg you to just, you know, to not trade unless there's something, unless there's a hot sector, unless there's a theme, because, you know,

2:01.5

if you've got a job, if you got a school, you got family, you got all these things going on,

2:05.9

you can't trade every single day of the year. But there's certain times when you really need to

2:11.0

focus. And the follow-up question we always get is, well, how do I spot the next hot sector? How do I know when

2:20.1

there's a hot sector? So that is something that we're going to talk about today. And then we're

2:24.3

also going to kind of focus on the sympathy play, as it's called. And we're continuing, you know,

...

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