Titan
of Wall Street, Ralph Acampora
of Altaira
Wealth Management,"Professor of TA,"
and co-creator of the (CTA)
designation, returns.
"Be
careful, be selective ...
keep close stops on most US
shares."
The
financial sector tends to
lead the market, which is
a bad omen for bulls as many
financial stocks continue
to underperform.
The
Dow Utilities Index, a perennial
favorite leading-indicator
remains close to the April
highs.
If
price closes above 711, the
current stock market weakness
may represent a passing anomaly.
The
discussion includes favorite
technical analysis tools,
such as the Relative Strength
Index (RSI) and Moving Average
Convergence, Divergence (MACD).
The
Dow Industrials remains our
guest's favorite market proxy;
the arithmetic mean of the
30 blue chip stocks currently
indicates an upside limit
of 28,000.
The lower limit of 23,000
and the highest probability
of 25,000-26,500.
Using
financial history as a playbook
the current 9-year secular
bull-market could extend beyond
the imagination and margin
of the most ardent bears.
Ralph
Acampora sees the potential
for another 4-5 solid years
ahead for shares prices, with
the key proviso, the market
is overdue for a 10%-15% correction.
The
duo coin a Financial Term,
the Acampora Rate Index (ARI);
not until the Fed's overnight
lending rate ascends over
5%.
OPEC
announced lower than expected
daily oil output of 600,000
barrels per day, sending the
price soaring this week.
Our
guest insists that the inflation
impact of oil will not impact
US share prices until WTIC
climbs above $90+ per barrel.
Head
of The
Morgan Report, David Morgan
rejoins the show with comments
on the PMs sector noting that
gold remains a "free
lunch" diversification
asset.
"The
most negatively correlated
asset to the US stock market
is gold."
The
new trade war resembles the
Smoot-Hawley Tariff Act of
1930, which ultimately lead
to losses in US jobs and exports
abroad.
88
years later, the US economy
has hemorrhaged 500,000 top
paying manufacturing jobs
per year for over one decade,
over 5 million fewer jobs.
Is
it wise to wage a trade war
under such conditions and
might it backfire in the Once
the stamped to gold begins
in earnest, all that will
be required is the effort
of 1-3% of the population
to catapult the yellow metal
skyward.
Our
guests applies Elliott Wave
analysis to the gold market,
noting that the early I and
II waves have passed.
The
most forceful / profitable
wave III is now gaining momentum
to send the market to new
record figures.
Once
investors push gold to $2,500,
our guest suggests a blow-off
phase could commence sending
the precious metals higher
by several fold.
The
narrative includes a trading
strategy that tops 99% of
professional money managers.
Building
a solid portfolio with balanced
betas combined with portfolio
alpha-boosting services like
the Alpha
Stocks Newsletter can
enhance profits.
Tossing
darts when attempting to boost
portfolio alpha inevitably
backfires; instead a scientific
/ passive approach wins out
over more risky trading strategies.
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Guest
Bios
David
Morgan
Silver-investor.com
David
Morgan: Seduced by silver
at the tender age of 11,
David Morgan started investing
in the stock market while
still a teenager. A precious
metals aficionado armed
with degrees in finance
and economics as well as
engineering, he created
the Silver-Investor.com
website and originated The
Morgan Report, a monthly
that covers economic news,
overall financial health
of the global economy, currency
problems ahead and reasons
for investing in precious
metals.
David
considers himself a big-picture
macroeconomist whose main
job as educationeducating
people about honest money
and the benefits of a sound
financial systemand
his second job as teaching
people to be patient and
have conviction in their
investment holdings. A dynamic,
much-in-demand speaker all
over the globe, Davids
educational mission also
makes him a prolific author
having penned "Get
the Skinny on Silver Investing"
available as an e-book or
through Amazon.com. As publisher
of The Morgan Report, he
has appeared on CNBC, Fox
Business, and BNN in Canada.
He has been interviewed
by The Wall Street Journal,
Futures Magazine, The Gold
Report and numerous other
publications.
Additionally,
he provides the public a
tremendous amount of information
by radio and writes often
in the public domain. You
are encouraged to sign up
for his free publication
which starts you off with
the Ten Rules of Silver
Investing where he was published
almost a decade ago after
being recognized as one
of the top authorities in
the arena of Silver Investing.
Ralph
Acampora is a highly respected name
on Wall Street and the co-founder
of the Chartered Market Technician
designation (CMT). He was Director
of Technical Research at Smith Barney,
Kidder Peabody, Prudential Securities
and Knight Securities. He is a published
author, popular lecturer and a leading
international expert, consulted by
prominent financial experts and journalists
worldwide.
Part
II. with Bix Weir of RoadtoRoot-A
continues the review of the ever evolving
crypto-revolution, including the ascent
of Ethereum and its key competitors.
Lynette Zang & Chris
Waltzek Ph.D. - May 10th, 2018.
Peter
Kendall, coeditor of The
Elliott Wave Financial Forecast makes
his show debut. Current Elliott Wave analysis
suggests that the US shares indexes are
registering ominous signals.
John
Williams of Shadowstats.com,
a leading online alternative economic-resource
sees the potential for an explosive move
in the PMs sector / commodities.
CEO
Erik Voorhees, Shapshift.io & Chris
Waltzek Ph.D. - April 19th, 2018.
Erik
is CEO of the instant Bitcoin
and altcoin exchange, ShapeShift.io,
a groundbreaking coin / token service
that facilitates quick and virtually free
exchange of nearly any cryptocurrency.
Listeners' Q&A - Chris Waltzek Ph.D.
- April 12th, 2018.
The
latest Listener's Q&A segment includes
phone calls on the increasingly popular
topics of silver and Bitcoin from Tom
in Arizona, John in Sunny San Diego and
an anonymous caller.
Bill
Murphy & Chris Waltzek Ph.D. - April
11th, 2018.
Top
Wall Street Chartered Technical Analyst
(CTA), Ralph Acampora of Altaira
Wealth Management,revered
as "A Professor of Technical Analysis,"
returns.
Arch Crawford & Chris Waltzek Ph.D.
- March 7th, 2018.