Ep 272 Why Technical Analysis is "Archaic"

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 30 December 2014

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Global hedge fund manager, Peter Pham, tells us why technical analysis is not a good system in determining future market trends. He breaks down his methodology for picking stocks - which includes statistics and behavior patterns. Peter also tells us why he is still long the dollar and shares his favorite investment to buy for 2015.

Transcript

Click on a timestamp to play from that location

0:00.0	Wall Street Unplugged looks beyond the regular headlines heard on mainstream
0:06.1	financial media to bring you unscripted interviews and breaking commentary direct from Wall Street
0:11.8	right to you on Main Street.
0:14.0	How's it going out there? It's Tuesday, December 30th, and I'm Frank Kerr is your host of the Wall Street Unplugged Podcast, where I break down the headlines and... Tell you, it's really moving these markets.
0:40.2	Merry Christmas and two days happy new year. I wanted to focus on that word happy for a second.
0:43.0	Okay, here comes another rant.
0:45.0	At the end of the year, let's have some fun.
0:47.0	We're at a few interesting stats.
0:50.0	According to a poll, take by the Washington Post and ABC,
0:57.0	71% of Americans have a negative view on the U.S. economy.
1:02.0	According to CNN, 60% of Americans believe the American dream is out of reach.
1:08.0	I don't know how they define the American dream.
1:10.0	I mean, is that being as wealthy as Warren Buffett Bill Gates or is it you know having a home a great
1:16.2	family and a decent job didn't really define it.
1:18.6	The last stat came out a couple days ago according to a recent associated press poll.
1:27.0	Nearly 60% of Americans describe the U.S. economy as poor.
1:35.0	Now guys, in the next like 10 minutes,
1:37.2	I'm gonna give you a few stats.
1:39.0	Oh, I'm giving you these stats.
1:40.8	I was thinking about playing the song happy by Farel because I'm always a happy guy
1:45.8	I'm a nice guy however most people are ticked off. They think the US economy is
1:51.9	horrible it's terrible.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Frank Curzio, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Frank Curzio and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.