Here's a replay of yesterday's PSW webinar. You can subscribe to our YouTube channel and watch the weekly webinars as they are posted here.
List of topics and time points.
- 00:00 Disclaimer, market review, 5% rule, trading the futures, how to make $125 in 30 seconds.
- 07:30 GTAT had a great product which couldn't be mass produced for AAPL. Stock absoluted imploded. GTATQ is trading at $0.24 but it is not dead yet.
- 11:30 Long-term portfolio review.
- 12:30 Netflix position.
- 14:00 Layering on protection, short-term portfolio hedges, SQQQ, SCO, SDS, TZA, NFLX, GLD, futures.
- 21:00 Gasoline, trading.
- 31:00 Russell 2000, 5% rule, futures, trading.
- 38:30 S&P. Oil.
- 41:45 Auto industry doing well. Discussion of energy use. Mandates for better mileage. Oil demand, oil prices. Solar power.
- 52:00 Move in the price of crude oil, WTI chart.
- 57:00 Protective stops. Know thy premise.
- 59:00 Nikkei, indexes, trading, 5% rule, Russell 2000, must-hold lines.
- 1:05:00 US Banks. Banks benefit because people put money in the bank for no interest. Whole concept of banking is screwed up. If there's no need for physical money, there's no need for banks.
- 1:10:00 Oil over the weekend.
- 1:13:00 Sentiment, 1850 on the S&P 500, hedges, TZA, trading.
- 1:21:30 Commodities. Ugly vegetables ARE edible and someone is taking advantage of that.
- 1:25:15 Disney and the top 1%. It's a high-end park that makes money off of rich people.
- 1:30:30 5% portfolio for shorter term opportunities. Rough start.
- 1:31:30 Not shorting the Nikkei, it's almost oversold.
- 1:34:00 Potential for big fall in October. Does Japan pose another large risk to the market that is not being factored in today? Debt. Debt. Debt. And inflation. That's actually good for stocks.
- 1:39:45 TASR trade idea.
- 1:44:00 Don't do business with the government. Who is buying government bonds? Completely nuts.
- 1:45:00 5% portfolio review.
