The False Breakdown (EP.24)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 11 April 2018
⏱️ 38 minutes
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Summary
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| 0:00.0 | Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing, |
| 0:06.4 | hosted by Michael Baddick and Ben Carlson, two guys who study the markets as a passion, |
| 0:11.5 | and invest for all the right reasons. |
| 0:14.6 | Michael Batnik and Ben Carlson work for Rit Holt's wealth management. |
| 0:18.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of |
| 0:23.9 | Ritt Holt's wealth management. This podcast is for informational purposes only and |
| 0:27.8 | should not be relied upon for investment decisions. Clients of Ritthold's |
| 0:31.0 | wealth management may maintain positions in the securities discussed in this podcast |
| 0:35.6 | Welcome to Animal Spirits with Michael and Ben. Quick update on the paper short Tesla Trade |
| 0:55.4 | That was a false breakdown. My apologies that breakdown was of the false variety and it's now a 23% off the lows and as my friend JC Peretz likes to say from false moves come fast moves Hey explain this to me explain technical analysis to me what are the candlesticks look like today |
| 0:59.9 | Let's not get into that right now, but I will be speaking at the |
| 1:03.1 | CMT annual conference this week, which sounds like a joke in light of this, but I am |
| 1:08.2 | actually going to be there with Josh on Friday. Look forward to seeing all the market technicians that could be waiting |
| 1:14.7 | they'll be waiting for you with pitchforks yeah anyhow so let's move on to some |
| 1:19.6 | personal finance stuff April is the national literacy finance month that doesn't make sense but it's something like that |
| 1:27.0 | national financial literacy months okay there it is that was a false |
| 1:30.9 | breakdown on your break. |
| 1:33.0 | There was actually a story this week and TIA-Cref does survey every year and I know that this is an anti-survey |
| 1:41.2 | podcast, but we're going to use it anyway because I see these all the time. |
| 1:44.4 | We're going to walk that one back just for this one. |
| 1:46.0 | Yes, exactly. |
| 1:47.0 | And the next survey that we cover. |
... |
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