"It's just not that easy to make money in the markets; it requires discipline."
These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
In the latest episode of the Steady Wealth Podcast, host Serge Berger from thesteadytrader.com explores the crucial aspects of becoming a successful and consistent trader.
With a focus on helping both seasoned investors and beginners, the episode delves into cutting costs, navigating market noise, and honing in on the big picture.
The special guest, Brian McEvoy from insideouttrading.com, shares insights on the importance of consistency in trading.
Drawing parallels with quality assurance in manufacturing, McEvoy emphasizes the need for intentional, process-based approaches to achieve consistent results.
The episode covers strategies, including classic ones like zigzag and momentum, and addresses the significance of understanding market patterns and probabilities.
As the conversation unfolds, the pitfalls of unrealistic expectations, lack of focus, and the impact of volatility on consistency are explored.
The episode serves as a valuable resource for traders seeking knowledge, skill development, and a long-term perspective in the dynamic world of trading.
"It's just not that easy to make money in the markets; it requires discipline."
These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
Welcome to the first episode of The Steady Wealth Podcast for 2024, hosted by Serge Berger of thesteadytrader.com.
In this insightful episode, Serge reflects on the importance of approaching the new year with resolutions focused on rules and parameters for improved investing and trading.
Covering a diverse range of topics, Serge outlines key resolutions for 2024, emphasizing the significance of a balanced and diversified core portfolio.
He delves into risk management strategies, setting clear investment goals, and learning from past experiences, offering practical insights for both professional and retail investors.
Join Serge as he shares his expertise and guides listeners through a strategic and disciplined approach to navigating the dynamic markets of 2024.
"It's just not that easy to make money in the markets; it requires discipline."
These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
Welcome back to another episode of The Steady Wealth Podcast with Serge Berger from thesteadytrader.com.
Welcome to the latest episode of The Steady Wealth Podcast with your host, Serge Berger of thesteadytrader.com.
In this insightful episode, Serge delves into the Wall Street consensus for 2024, particularly the prevalent prediction of a soft landing.
As someone with a background on Wall Street, Serge shares a unique perspective on the motivations driving these forecasts. He sheds light on how investment banks, associated with the sell side, thrive on market activity and why bullish outlooks align with their interests.
Serge cautions listeners about the pitfalls of taking consensus calls at face value, urging a critical eye on the soft landing prediction for 2024.
Tune in for a thought-provoking exploration of the intricate dynamics shaping Wall Street forecasts.
"It's just not that easy to make money in the markets; it requires discipline."
These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
Welcome back to another episode of The Steady Wealth Podcast with Serge Berger from thesteadytrader.com.
In the latest episode of The Steady Wealth Podcast, hosted by Serge Berger of thesteadytrader.com, the focus turns to the intriguing debate between Bitcoin and gold.
Berger delves into the possibility of gold doubling in value and explores the impact of Bitcoin's institutionalization, potentially leading to an ETF announcement.
With a keen eye on macroeconomic forces, Berger shares insights on capital preservation and spending power.
He examines historical gold trends, proposing a case for a substantial increase, possibly doubling or even quadrupling in the next four to five years.
As 2023 wraps up, the episode provides a compelling outlook for gold in 2024 and beyond.
"It's just not that easy to make money in the markets; it requires discipline."
These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
Welcome back to another episode of The Steady Wealth Podcast with Serge Berger from thesteadytrader.com.
In this fireside chat following the holiday season, Serge delves into the leading indicator qualities of Bitcoin.
Prefacing it as a data-driven analysis, not a pro-Bitcoin endorsement, he explores Bitcoin's role as a risk-on or risk-off asset and its correlation with market sentiment.
Serge uncovers Bitcoin's potential as an inflation hedge, demonstrating its foresight in reacting to inflationary pressures.
Through a detailed chart analysis, he illustrates how Bitcoin has served as a leading indicator for equities, offering insights into market trends and dynamics.
Don't miss this insightful exploration into the evolving relationship between Bitcoin and broader financial markets.
"It's just not that easy to make money in the markets; it requires discipline." These words resonate with self-directed investors who often find themselves underperforming the indices.
www.thesteadytrader.com
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
In the latest episode of The Steady Wealth Podcast, hosted by Serge Berger, listeners are taken on a deep dive into the current economic landscape as of late November 2023.
Berger reflects on the year's macroeconomic uncertainties, including the impact of AI on markets and the unique dynamics of long-duration equities.
The central question posed is whether stocks or the bond market accurately reflect the economic situation.
Berger uses charts and analysis to explore potential scenarios, providing insights into the implications for portfolios.
With a focus on interest rates, economic cyclicality, and the delicate balance between stocks and bonds, this episode offers valuable perspectives for navigating the evolving financial landscape.
Portfolio Moves in a 'Higher for Longer' Environment
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"It's just not that easy to make money in the markets; it requires discipline." These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
Welcome to the latest episode of The Steady Wealth Podcast with your host, Serge Berger. In this episode, Serge dives into the potential portfolio consequences of interest rates remaining notably higher. With just a few weeks left in 2023, Serge explores the impact of the current 4.5% to 5% yield range in the US Treasury market on both portfolios and trading strategies.
He challenges the common narrative that higher interest rates will lead to widespread destruction, emphasizing that it's not just about the absolute level of rates but also the rate of change. Drawing on historical data, Serge highlights that the 4 to 5 percent range has been more of a norm than an exception, suggesting a shift from ultra-low rates to a more normalized range.
Serge shares valuable insights into the trading perspective, discussing how higher rates imply a higher discount rate for risk assets, potentially resulting in lower returns for equities. He emphasizes mean reversion strategies in a higher interest rate environment, suggesting that oscillators like MACD or stochastic indicators may be more effective.
The episode covers various asset classes, from bonds to real estate, high dividend stocks, and commodities. Serge explores how each may be influenced by elevated interest rates, offering a nuanced view of their potential performance. Additionally, he underscores the attractiveness of cash and short-term instruments, challenging the notion that "cash is trash" and highlighting their potential benefits in a rising rate environment.
As the podcast concludes, Serge encourages listeners to shift away from chart-chasing and consider mean reversion strategies for 2024, anticipating continued challenges and opportunities in the market. Whether you're an investor or trader, this episode provides valuable insights for navigating the complex landscape shaped by interest rate dynamics. Tune in and stay ahead of the curve in the ever-evolving financial markets.
"It's just not that easy to make money in the markets; it requires discipline." These words resonate with self-directed investors who often find themselves underperforming the indices. The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
In the latest episode of The Steady Wealth Podcast, hosted by Serge Berger, listeners are treated to a deep dive into the often overlooked aspect of successful investing—avoidance of common mistakes.
Serge emphasizes the significance of risk management and shares a checklist of "easy wins" to prevent portfolio blowups.
Drawing from personal and client experiences, he covers topics ranging from avoiding overtrading and overleveraging to understanding the details of contracts and staying diversified.
The episode serves as a practical guide, urging investors to prioritize risk management over constant profit maximization. Berger's insights offer a refreshing perspective for those looking to enhance their investment strategies.
"It's just not that easy to make money in the markets; it requires discipline."
These words resonate with self-directed investors who often find themselves underperforming the indices.
The new Steady Wealth Podcast website, available at www.steadywealthpodcast.com, delves into the heart of this issue (and others)
In the latest episode of The Steady Wealth Podcast with Serge Berger, the discussion delves into the recent surge in risk assets and poses a crucial question: is this the inception of a year-end rally or have we already witnessed a significant portion of the anticipated upside? Berger, the host of the podcast and founder of thesteadytrader.com, begins by outlining the market's oversold conditions, signaling a potential bounce in various risk assets from U.S. equities to European equities and beyond.
Highlighting the technical basis for the oversold bounce, Berger links it to broader 4th quarter seasonality. He emphasizes the significance of understanding economic data for making informed investment decisions and encourages individuals engaging in self-directed investing to have informed conversations with their advisors.
Berger dissects the market's behavior from the previous week, observing a "risk-on" sentiment, where interest rate-sensitive assets surged while energy markets underperformed. He analyzes the correlations between equities, the dollar, oil, and yields, noting a divergence in their movements, especially with equities rising as other asset classes declined. He connects these market movements to the economic cycle and a gradually slowing economy.
Despite earlier misjudgments about the timing of the economic slowdown, Berger asserts the directional accuracy of his analysis. He elaborates on the reasons behind the market's reaction to weaker economic indicators and how it impacts different asset classes.
The podcast delves into the intricacies of market correlations and algorithms, emphasizing the importance of understanding the "why" behind market movements for effective risk management. Berger elucidates the recent market rally in response to the weakened ISM number and how this triggered varied reactions across asset classes.
Cautioning about potential challenges ahead, Berger examines technical indicators such as moving averages and overbought readings in the S&P 500 and German DAX. He scrutinizes Apple's performance and questions its growth trajectory. Berger outlines potential investment strategies, suggesting allocations to AGG (the aggregate bond ETF) and short-term Treasury bills, while advocating for a balanced approach to equity exposure and protective strategies through put options.
The podcast episode provides a comprehensive analysis of current market conditions, offering insights into potential investment strategies while emphasizing the importance of understanding economic cycles and correlations. It also stresses the significance of prudent risk management amidst uncertain market dynamics. Berger concludes by inviting listeners to explore more content on The Steady Wealth Podcast and encourages sharing or recommending potential guests for future episodes.
