Outlook for options trading

The landscape for trading worldwide amongst political and economic uncertainty globally

The growth of prediction markets and demand for election contracts

New budgeting tool

Update on demand for overnight trading hours on IBKR’s platform from this week’s guest, Steve Sanders

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Steve Sanders is Executive Vice President of Marketing & Product Development at Interactive Brokers. In this capacity, he oversees all marketing and product development efforts at the company and introduces Interactive Brokers’ low commissions, advanced trading technology and breadth of product worldwide to advanced individual and institutional investors globally.

Steve joined Interactive Brokers in 2001 to establish the company’s platform for financial advisors. Since that time, he has been responsible for many key initiatives including building a direct / digital marketing program, developing a new account structure and registration process for institutional investor clients and contributing to the deployment of the company’s Integrated Investment Account.  During his over twenty-year tenure with the company, Steve has remained focused on providing IBKR clients with the products, tools and resources necessary to meet a wide variety of trading and investing objectives, which he believes has contributed to the company’s extraordinary growth over the years.

Prior to joining Interactive Brokers, Steve spent fifteen years at Citibank in a variety of positions including Managing Director and Chief Technology Officer of Cybic, a “Request for Quote” exchange to facilitate the distribution of OTC derivative products to retail investors, which he developed. Before that, he held diverse roles throughout the organization in credit & risk management, marketing, financial planning, and product structuring functions.

Steve holds an MBA in Finance from the University of Chicago and an undergraduate degree from SUNY at Albany in Accounting and Computer Science.

Check this out and find out more at: http://www.interactivebrokers.com/

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Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE

Stocks mentioned in this episode: (NFLX), TSLA), (IBKR), (NVO), (KR)

Bitcoin BREAKS OUT!

Markets seem a little frothy – but the trend still intact.

Everyone is talking about the Santa Rally – will it happen again?

Guest John Pugliano is our guest.

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John Pugliano is the author of The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation. He’s also the host of the Wealthsteading Podcast where he shares his ideas and personal experience on wealth building principles.

John has spent over 30 years studying and applying the habits of financially independent middle-class Americans. His circuitous path to success included serving in the military as both enlisted and officer; a corporate career in industrial sales; and finally a late blooming entrepreneur. John has an M.S. in Systems Management from the University of Southern California and a B.S. in Environmental Science & Engineering from Penn State.

Check this out and find out more at: http://www.interactivebrokers.com/

More information available on Horowitz & Company’s TDI Managed Growth Strategy

Stocks discussed this week – (MSFT), (IBIT), (AMD), (NVDA), (AMZN), (GOOG)

Tech off track for the week

Bitcoin stampede finally slows.

Eco data – humming along and the Fed is starting to change its tune.

Guest: Jonathan Petersen, Variant Perception

“Fiscal Sisyphus” is a term used to describe a situation where fiscal policy supports growth despite economic “gravity” dragging it down. The term refers to the Greek myth of Sisyphus, who was condemned by the gods to roll a boulder up a hill in the underworld, only to have it roll back down every time he reached the top. The myth is often used as a metaphor for the futility of life and the importance of finding joy in the present moment.

Jonathan Petersen is Chief Markets Economist at Variant Perception, where he contributes to the analyst team’s research on major economies and markets. He started his economics career on Vanguard’s global economic research team.

Following this, he helped launch and lead the currency research service at Capital Economics.

Jonathan studied economics and strategic management at Boston College and earned his masters in economics at the University of Edinburgh.

Check this out and find out more at: http://www.interactivebrokers.com/

Looking to invest in The Disciplined Investor Managed Growth Strategy?

Stocks Mentioned in the Episode: (GLD), (BTCUSD), (AMD), (QQQ)

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What goes up – sometimes comes down.

Heading into the fat part of end of year seasonalit.

An update on the Chili Cookoff.

Guest, Frank Curzio – Curzio Research – the outlook into the end of the year.

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Frank Curzio is an equity analyst with close to three decades of experience covering small- and mid-cap stocks.

Check out his newsletters. (Free trial subscriptions available)

He has been the editor of several well respected newsletters with major companies as well on of the top performers with TheStreet.com where he significantly outperformed the markets during his tenure. He was also a research analyst for Jim Cramer. Frank is the host of Wall Street Unplugged.

Frank has been a guest on various media outlets including Fox Business News, CNBC’s The Kudlow Report and CNBC’s The Call. He has also been mentioned numerous times on Jim Cramer’s™s Mad Money, is a featured guest on CNN Radio and has been quoted in financial magazines and websites. Before TheStreet.com, Frank was the editor of The FXC Newsletter and received one of the top rankings by Hulbert’s Financial Digest for risk-adjusted performance.

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Check this out and find out more at: http://www.interactivebrokers.com/

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Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE

Stocks mentioned in this episode: (TSLA), (IWM), (AAPL), (FSLR), (PLTR), (AMZN), (META), (RDDT)

Election Implications and Presidential Term.

National Sales Tax (consumption tax) and Tariffs.

Alternative Investments and Inflation Concerns.

Comparing Politics and Market Flaws.

Guest: Kerry Lutz

Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school‘s library. After graduating from The New York Law School, he became an attorney and lifelong serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company.

After the 2008 financial collapse and the continued global economic deterioration, Kerry realized people needed a reliable source for accurate information. Believing that inflation would eventually run rampant, he dedicated himself to helping people protect and preserve their wealth. He urged investors to re-balance their investment portfolios and to implement precious metals based strategies to adapt to the new economic order. The ability to perceive economic reality, as well as to separate truth from governmental inspired economic fantasy will be essential for economic survival and prosperity in the years ahead.

In 2010, Kerry gave up most of his other interests to pursue his long held desire of becoming a radio show host. Thus the Financial Survival Network was born. Its mission is helping you to survive and thrive in the New Economy. He has done hundreds of interviews with such financial luminaries as Peter Schiff, Harry S. Dent, Martin Armstrong and Peter Grandich. Kerry now appears on 1490 WGCH, in Greenwich, CT, every Tuesday from 11am-12pm EST. In addition, he is continually releasing new segments and interviews on iTunes, Libsyn podcasters and YouTube. His new Triple Lutz Report was an instant hit and continues to increase audience share.

Check this out and find out more at: http://www.interactivebrokers.com/

Stocks Mentioned in the Episode: (GLD), (BTCUSD)

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Andrew and Tom discussed the importance of asset allocation in managing investment portfolios, emphasizing the need for balancing risk and reward based on individual financial goals and risk tolerance.

We also also explored the concept of a “mosaic” approach to analyzing portfolios, considering various factors such as economic growth, inflation, interest rates, policy, and sentiment.

3 E’s – Earnings, Election and Economics….

Our conversation also covered the current state of the economy, the stock market, and the potential impact of the Federal Reserve’s actions on interest rates and housing affordability.

Guest: Tom Nelson, Franklin Templeton Funds

Tom Nelson is a senior vice president and head of asset allocation portfolio management for Franklin Templeton Investment Solutions. He is a member of the Investment Strategy & Research Committee.

He is a portfolio manager of a number of funds offered for sale in various jurisdictions. He is lead portfolio manager of the Franklin NextStep Fund series, the Franklin VolSmart Allocation VIP Fund and numerous model portfolio programs. He is portfolio manager of Franklin LifeSmart Retirement Target Funds, the Franklin Fund Allocator Series available in the United States and several custom institutional portfolio mandates.

Mr. Nelson joined Franklin Templeton in 2007 and co-founded the firm’s quantitative research services group upon joining the company. He moved to Franklin Templeton Investment Solutions in 2009. Prior to working at Franklin Templeton, Mr. Nelson worked for Bloomberg LP from 1991 to 2007, where he was most recently manager of the Americas market specialist teams.

Mr. Nelson holds a B.S. in accounting from the University of Delaware. He is a Chartered Financial Analyst (CFA) charterholder and a Chartered Alternative Investment Analyst (CAIA) charterholder. He is a member of the CFA Institute, the New York Society of Security Analysts and the Chartered Alternative Investment Analyst Association.

Check this out and find out more at: http://www.interactivebrokers.com/

Stocks Mentioned in the Episode: (GLD), (MSFT), (AAPL), (OIL), (NVDA)

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Andrew and David discussed the financial industry, focusing on timeless topics and the role of Jeremy Grantham.

In this episode, we also explored the challenges of valuing private equity investments, the importance of having a clear investment strategy, and the impact of government intervention in capital markets. A spirited discussion followed about our contrasting views on China and Japan, and discussed the current state of the economy, particularly focusing on inflation and the actions of the Federal Reserve.

Guest: David Salem – HedgeEye

David Salem, Managing Director – Capital Allocation @ Hedgeye

Prior to joining Hedgeye in early 2023, David served as founding President and Chief Investment Officer of The Investment Fund for Foundations (TIFF) and as a partner at GMO, working closely with Jeremy Grantham on investment solutions for large institutional funds.

David received a JD cum laude from Harvard Law School and an MBA with high distinction from Harvard Business School, where he was elected a Baker Scholar. A member of the District of Columbia Bar, David has held adjunct faculty positions at Middlebury College, from which he earned his undergraduate degree summa cum laude, and the University of Virginia, and served in the White House Counsel’s office while enrolled at Harvard.

David’s has given talks at many colleges and universities, including Dartmouth, Duke, Harvard, MIT, Middlebury, Northwestern, and Oxford, and at conferences organized by the Association of Governing Boards, the CFA Institute, the Council on Foundations, the Foundation Financial Officers Group and NACUBO among other organizations.

Check this out and find out more at: http://www.interactivebrokers.com/

CHARTS DISCUSSED IN THIS EPISODE

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Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE

Stocks mentioned in this episode: (META), (AAPL), (NVDA), (MSFT)

Ed and Andrew discussed the potential impact of inflation on the economy.

Unpredictable environments and the potential impact of low inflation on market trends.

Lastly, we debated the what is the long-term impact of AI on productivity and market trends.

And our guest – Ed Easterling of Crestmont Research

Ed Easterling is the founder and President of Crestmont Holdings, an Oregon-based investment management and research firm that publishes provocative research on the financial markets at www.CrestmontResearch.com. He has over thirty years of alternative investment experience, including financial markets, private equity, and business operations.

Mr. Easterling is the author of recently-released Probable Outcomes: Secular Stock Market Insights and Unexpected Returns: Understanding Secular Stock Market Cycles (Cypress House; 2005). In addition, he is contributing author to Just One Thing (John Wiley & Sons; 2005) and co-author of chapters in Bull‘s Eye Investing by John Mauldin. Mr. Easterling is a Senior Fellow and a Board Member at the Alternative Asset Management Center at SMU‘s Cox School of Business in Dallas, and previously served as a member of the adjunct faculty teaching the course on alternative investments and hedge funds for MBA students. Mr. Easterling holds a BBA in business, a BA in psychology, and an MBA from Southern Methodist University.

Check this out and find out more at: http://www.interactivebrokers.com/

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 Stocks mentioned in this episode: (SPY), (AAPL)

GDP Numbers may be coming in hot.

More new highs for markets.

2 weeks away from the presidential election.

This week’s guest, Tax Expert – Dan Pilla.

Daniel Pilla is an expert in IRS procedure and advocate of taxpayer rights. Author of “How to Win Your Tax Audit.”

Dan Pilla’s primary calling is that of tax litigator. He is considered America’s leader in taxpayer defense, taxpayers’ rights, and IRS abuse prevention and cure. Regarded as one of the country’s premiere experts in IRS procedures and general tax financial-problems resolution techniques, he has helped hundreds of thousands of citizens solve personal and business tax problems they thought might never be solved.

As the author of fifteen books, dozens of research reports, and well over a thousand articles, Dan’s work is regularly featured on radio and television, as well as in major newspapers, leading magazines and trade publications nationwide. Dan is a frequent guest on numerous talk radio and TV programs where he is heard by millions of people each year.   Visit Dan’s Website

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Check this out and find out more at: http://www.interactivebrokers.com/

CHARTS DISCUSSED IN THIS EPISODE

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Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE

Stocks mentioned in this episode: (SPY), (QQQ), (NFLX)

New Highs across the board – (Big Caps – not the small caps).

China stocks get obliterated.

Rates moving up – CPI report….

This week’s guest, Patrick O’Hare – Chief Market Analyst for Briefing.com.

Patrick has been with Briefing.com since 1997 and authors the Page One, The Big Picture, Fed Brief, Market View, and Economic Data Reviews columns. He also provides commentary on Live In Play.

Every Wednesday morning Patrick is a guest on KDOW’s The Rob Black Show. He is quoted regularly in the financial press and has also appeared on CBS Radio, CNBC, CNN International, Fox Business Network, and PBS’ Nightly Business Report.

Patrick is a graduate of Vanderbilt University and is located in Chicago.

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Check this out and find out more at: http://www.interactivebrokers.com/

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 Stocks mentioned in this episode: (SPY), (FXI), (VXX), (MCHI)