PodCasts Spring Review

The Disciplined Investor's Podcast is run by Andrew Horowitzk, CFP.  I like Andrew's style and voice inflections.  His show usually begins with a run down of the week market conditions, including any recent stats like unempoyment, inflation, and the plethera of other government reports. 

My buddy Pat would consider him a "Data Dink".  He teases out the data between the lines and points out the inconsistances.  Feds funds rate spread was the big number, along with the core CPI number.  He concludes that the rise is what the Fed wants and are choosing to inflate our way out of the slow down.  Andrew tries to keep his political views close to his chest, as not to inject his leanings.  Many of Andrew's guests are people he knows from the industry. 

The interview contains friendly banter and never puts the guest on the hot seat.  Scott O'Neil was on the show this week and represents his father's company -- William O'Neil of the publication Investor's Business Daily.  I see the IBD as a very good source for company analysis both fundamentally and technically.  Andrew's team uses a propriatary system of analysis called QuantaFundaTechna. 

Scott O'Neil sees the market in a correction and is cautious about single day rallys.  He suggests not getting too much into the talking heads on the news and looking for a reason to buy or sell.  The price and price patter is an absolute must for the IBD analysis.

Good show.  I usually listen to his show on the very day it comes out, due to its transient nature.  Scott is big on the price patterns and structure.  The low volume rallies don't appear to justify an imminent turn around to the bullish sign.  He is looking for confirmation.  The confirmation is used to avoid early entry whip saws.  So, price, price, price and volume.

Scott likes CAT for the japanese rebuilding effort.  I would recommend the weekend edition of the IBD in order to get a deluge of indicators, along with all the charts and editorial  opinions.  A reasonable price for the large number of tools you have available.  Check out the trial.