Technical analysis is used by some investors to pick what stocks they want to invest in. In this episode of Stocks In Translation, Yahoo Finance's markets...
Technical analysis is used by some investors to pick what stocks they want to invest in. In this episode ofGlick explains that he is"a short vol trader." With recent VIX moves, Glick says,"I was looking death in the eye… but I also knew that it's always a temporary moment.""It was the most frightening moment I've had in 20 years."On technical analysis, Glick says,"I think technicals are everything...
So I'm the bookie and on that night I had to pay out and I was on, on the, on the other side of a 20 to 1 and a 40 to 1 trade.That one I, I was, I was on the right on the right side that just would that happen, stance, you play both sides or I'm normally evolve shorter.But you also have to remember that it always reverts and we're gonna talk, reverting to the mean, it always reverts, it's guaranteed to revert.
Me having to, I, I don't know if I don't want to get into my family life, but I was about to drive to Georgia on a 12 hour journey to bring my girls that my daughter was driving to Georgia.I'm like, this is not what I need right now on a Sunday night for a market new, right?Don't worry, you'll be able to fight through it.
Because China has been China seems to operate on its own fundamentals, which can be good because it's not necessarily tied to what the US is doing.So I've seen every scam and awful stock, most stocks out of China.There's a questions about the auditors and the Chinese government can come in and say we don like you.So it's just the price action and this stock was absolutely cratering on earnings.
That's why I love earnings season because that's when you have the biggest catalyst and you have these disasters, that's when you have these monstrous moves And then the reversions of the meme comes into play all the time. Maybe for people that don't know that much about the stock market, you put an article in or something and say, summarize this or an analyst note or whatever.Do you think there would be a big market for people to go to like an A I run firm or head fund?The one thing I've learned in this business, nobody wants to think people want, they, they want it to be handed to you.
And once that stock, you know, it got from 5 to 750 to 10 to 1250 the actual price of the stock attracts more people.But when you see it start to gain traction, next thing you know, it's 2030 starts to, you know, consolidate up there.
That was when spas were, were, were, were, that was maybe peak spec that no, that was number one that was like beginning spec that was when setting the precedent.It was the first that I was involved in, wait, tell our viewers what a spec is in case they don't know, it's a special acquisition, special purpose acquisition.And next thing you know, it either goes to 30 or 40 we're gonna put a different definition on, 0, 10 bucks is real.And you just, you just don't know.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shawn Mendes' fireside folk number, and 4 more songs you need to hear this weekShawn mendes' 'Why Why Why' is a song you need to hear this week.
Read more »
Navigating market dips & parsing the VIX: Stocks in TranslationThe stock market has been navigating heavy volatility this week. Monday's stock sell-off proved to be the worst day since 2022, and the worst start to any...
Read more »
How to avoid the pitfalls of reinvestment risk: Stocks in TranslationSecond quarter earnings season is well underway with Big Tech stocks leading the charge as investors look to see any signals that could change the market...
Read more »
Commercial real estate decoded: Stocks in TranslationOn this episode of 'Stocks in Translation' we're joined by Jaspreet Singh, CEO of Briefs Media; he's also host of 'The Minority Mindset Show'. We...
Read more »
Why millennials and Gen Z are too young to be loading up on bondsFor younger investors, stocks for the long run means stocks, not bonds.
Read more »
3 stocks retail investors turned to when stocks fell this weekSome retail investors used the market sell-off earlier this week as a buying opportunity. IG Group North America CEO JJ Kinahan joins Yahoo Finance to...
Read more »