MoneyShow MoneyMasters Podcast

Ken Mahoney: Big Oil, Big Tech, & the Big Risk to a Q4 Rally

Ken Mahoney is a financial advisor with more than three decades of experience, the author of nine investing and retirement books, and President and CEO of Mahoney Asset Management. In this interview, he notes “It’s all been about interest rates” with the stock market lately. The Fitch debt downgrade, the Fed’s “higher for longer” chatter, and troublesome economic data caused markets to stumble in August and September – the latter a month he likes to call “Nowheres-Land”! But he also believes better earnings and gloomy sentiment will combine to fuel a late-year rally – as long as the rate-hiking cycle doesn’t go too deep into “extra innings.” As for investing strategies and market sectors, Ken has been (rightly) bullish on Big Tech and AI stocks, including Microsoft (MSFT). He has liked the energy sector, and the iShares U.S. Energy ETF (IYE), given the support OPEC+ members like Saudi Arabia are giving crude oil prices via production cuts. On the flip side, Ken is NOT a big fan of airline or auto stocks in general or retailers like Macy’s (M) in particular. Finally, Ken gives a sneak peek at what he’ll discuss at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Go to www.OrlandoMoneyShow.com for more details.

BONUS • Andrew Aziz: Summiting Everest & Trading – Resilience, Preparation, Risk Management

Andrew Aziz is Founder of Bear Bull Traders, a community-based trading education platform, as well as an accomplished mountaineer who summited Mount Everest in May 2023. In this interview from the Exhibit Hall floor at the MoneyShow Toronto, he recounts his journey to the top of the world, the process involved in getting there, and the psychological and physical challenges he faced before, during, and after his climb. Andrew then pivots to how successful mountaineering and successful trading do have several things in common. Among the eight key principles he highlights? Resilience, preparation, and risk management. He also discusses the importance of having a support system and community guidance, keeping your emotions under control, and learning to cope with doubt and early losses. Finally, to get more investing and trading guidance from dozens of top MoneyShow experts like Andrew, join us at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit www.OrlandoMoneyShow.com for more information.

Jon & Pete Najarian: Unusual Activity, 0DTE Trading, & Timely Options Strategies

Jon and Pete Najarian are the Co-Founders of Market Rebellion, as well as long-time options market traders, educators, and media personalities. In this interview, the duo explain why they founded Market Rebellion and how the firm helps educate investors and traders of all skill levels. They also discuss how they monitor options markets for “unusual activity,” and how it can tip traders off to profit opportunities in a wide range of stocks, sectors, and asset classes. The conversation then pivots to the explosion in options volume and the 0DTE trading phenomenon, as well as how the definition of “long term” has changed over time. Jon and Pete further share their thoughts on the “Big Tech” stock run earlier this year...the S&P 500’s recent pullback...the summer surge in oil prices and energy stocks...and the outlook for Fed policy. Finally, they give a sneak peek at what they’ll discuss at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit www.OrlandoMoneyShow.com for more details.

BONUS • Brandon & Marc Beavis: The Future of Investing is Social

Marc and Brandon Beavis are the brain trust behind The Investing Academy, an educational movement designed to help thousands of Canadians learn to invest better from scratch. In this interview from the floor of the 2023 MoneyShow Toronto, the father-and-son team talk about using social media and your social network to better connect, learn, and profit. They explain why they share their stock market insights, tips, recommendations, and even entire trading portfolios online, and how that’s a big shift from before, when investing in particular and finances in general were private – and learning was an “on your own” thing. Join us at our next in-person conference in Orlando! Visit www.OrlandoMoneyShow.com for more details.

Bull Brian Belski vs. Bear David Rosenberg: Competing Strategist Takes for 2023 & Beyond

David Rosenberg is Founder and President of Rosenberg Research. Brian Belski is Chief Investment Strategist of BMO Capital Markets. They both sat down with me for separate interviews at The 2023 MoneyShow Toronto to share their take on markets – and their outlooks could NOT be more divergent. to get the latest investing and trading guidance from dozens of top MoneyShow experts like these, don’t forget to join us at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit www.OrlandoMoneyShow.com for more details.

Eric Balchunas of Bloomberg Intelligence: Explosive Growth in the ETF Era

Eric Balchunas is Senior ETF Analyst at Bloomberg Intelligence. In this interview, the fund expert and author of The Bogle Effect discusses how and why investors continue to flock to ETFs versus traditional mutual funds and other investment vehicles. Even in a year where many investors remained shell-shocked for a while after 2022’s lousy market performance, ETF flows are up to around $250 billion because Exchange Traded Funds offer 6-10 major advantages. Still, what Eric calls the “Bull Market Subsidy” has ensured mutual funds retain a 2-to-1 advantage over ETFs when it comes to total assets. Eric next discusses the SEC’s fight with fund issuers over spot Bitcoin ETFs, noting that the regulatory agency just lost a key lawsuit. He believes there’s a 75% chance a round of 5-7 crypto-focused funds will hit the market in coming months, providing “a bridge from the normal, especially Boomer, world, and the crypto underground”. He also covers the growth in single-stock ETFs, funds that allow investors to go long or short individual names like Tesla (TSLA) on a leveraged and unleveraged basis. He notes “The marketplace is just responding to what the investors are demanding” and says critics shouldn’t compare “hot sauce” to their “main dinner.” Finally, Eric gives a sneak peek at what he’ll discuss at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit OrlandoMoneyShow.com for details.

Sam Stovall of CFRA: Expect These Catalysts to Power Stocks Higher After September’s ”Slippery Slope”

Sam Stovall is Chief Investment Strategist at CFRA Research. In this interview, the author of The Seven Rules of Wall Street and expert on market momentum, valuation, and sector analysis explains why investors likely face a slippery slope in the markets this September. He discusses the reasons behind the seasonal weakness, while also explaining why investors are better served by rotating their holdings rather than retreating from markets entirely. Plus, he reiterates his call for a strong year overall, in part because S&P 500 earnings trends should improve in Q3, Q4, and beyond.Furthermore, Sam covers why the Federal Reserve is likely done hiking interest rates, why the latest employment and inflation trends are so encouraging, and how the presidential election cycle should benefit stocks. Finally, he gives a sneak peek at what he’ll discuss at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit OrlandoMoneyShow.com for more info.

Barry Ritholtz: Market Crises, Clickbait, & Behavioral Economics

Barry Ritholtz is Founder and CIO of Ritholtz Wealth Management. He is also a long-time market analyst, commentator, and expert on behavioral economics principles as they apply to investing. In this insightful interview, Barry discusses the perils of paying too much attention to “hair on fire” headlines like recent ones about China’s credit issues, rising interest rates, and the risk of recession. He notes that “The clickbait stuff is entertaining, but it’s not how we manage assets and it’s not how individuals should manage their own assets.” Barry also discusses how humans are wired to make quick judgments, use pattern recognition, and overreact to certain stimuli because that aided in our evolution and survival as a species. The problem? “Things that worked great on the savannah, they don’t really work well in capital markets.” Our talk then pivots to Barry’s outlook for Federal Reserve policy, why he thinks a higher inflation target than 2% makes sense, how the 60/40 portfolio didn’t really “fail” last year, and what investors can do now to adapt to a higher-rate, higher-stimulus market environment. Finally, Barry gives a sneak peek at what he’ll discuss at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit www.OrlandoMoneyShow.com for more information.

Jeff Hirsch: How to Navigate the Stock Market’s ”Worst Months”

eff Hirsch is Editor-in-Chief of The Stock Trader’s Almanac. In this interview, the long-time researcher of stock market seasonals and historical trends explains why the “Worst Months” are striking again on Wall Street, and how the action in 2023 is following the typical annual pattern. Hirsch warned of exactly this occurring recently, explaining that stocks would likely go on “summer vacation” in August and September – and advised investors to be less aggressive as a result. The good news? It’s still a pre-election year, and Jeff believes his forecast of a “plus 15%-20%” advance for stocks is still on target. He also thinks the Federal Reserve is just about finished hiking interest rates (if not done already). Plus, he says the economic backdrop isn’t too bad, the market pullback is fixing the frothy sentiment problem, and the political cycle is favorable for stocks in the fourth quarter and potentially beyond. Finally, Jeff gives a sneak peek at what he’ll discuss at the MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit www.OrlandoMoneyShow.com for more info.

Charles Payne: The Unbreakable Investor, the Roaring 2020s, & the Fourth Industrial Revolution

Charles Payne is Host of Making Money with Charles Payne, as well as author of the new book, Unbreakable Investor. In this interview, the Fox Business anchor talks about the lessons that investors will take away from his newest work, set to be released in Fall 2023. He also explains how the stock market and the investor education process has changed over the decades he’s been investing, as well as writing and talking about the markets on television, in print, and online.Charles further expands on the subjects he covered during his keynote address and panel discussions at the MoneyShow’s 2023 Investment Masters Symposium in Las Vegas, including “The Roaring 2020’s” and the “Fourth Industrial Revolution.” Finally, he discusses recent economic developments and financial news, as well as their potential impact on markets. Topics include Federal Reserve policy choices, higher interest rates, consumer lending risk, the Fitch Ratings credit downgrade, and more. If you want to learn more from Charles, he will be speaking at The MoneyShow/TradersEXPO Orlando, set for Oct. 29-31, 2023 at the Omni Orlando Resort at ChampionsGate. Visit www.OrlandoMoneyShow.com for more info.