2. Trend, Tactic & Strategy – Wealthsteading Podcast

Episode 506 Venezuela oil is all over the news, which stocks should you buy, sell or hold?

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Episode 505  The title says it all.  Happy New Year!

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Episode 504   If you’re paying attention you’re witnessing Adam Smith’s “invisible hand” of the economy playing out in the AI secular growth trend.

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Episode 502 Because of Trump’s non-consecutive second term, he has the opportunity to shape the Federal Reserve like no other president in modern history.

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Episode 501 The most recent Media driven stock market selloff resulted in the S&P 500 dropping only about 5% and dominantly bounding off its 100 day moving average.  Did you panic or did you buy the dip?

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Episode 499 While the S&P 500 is only down a few percent, 65% of its constituents are in a correction, down at least 10%.  Similarly, 44% are below their 200 day moving average. 

So if you’re looking for a dip, look no further, there are plenty of bargains.

Last week I took an overweight position in the Financial Sector buying KBE, KRE, KIE & Visa.

All that and more in this episode.

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Episode 498 The media narrative is extreme negativity about the state of the economy and yet the stock market and GDP continue to expand.  Why?  Productivity, Deregulation, and Industrial Policy are good for corporate profits.

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Episode 495 Last Friday’ panic didn’t last long.  I’ve been hoping for a pullback to buy the dip; but even if that doesn’t happen, that just reiterates the strength of this market.  Bottom line, leadership remains strong and it’s mostly focused on the ancillary AI trade.  What I call the convergence of Industrials and Tech.

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Episode 494  This past week I sold Disney.  I think the company is plagued by bad management and is likely in trouble over the near term.  In this episode I discuss how to identify Blue Chip stock business cycles and how to profit by swing trading in and out of them.

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Episode 493 Beware investing in zombie small cap stocks, 38% of the index is unprofitable. 

If you’re interested in learning about the return of Nuclear Energy, please watch my recent appearance on the Survival Podcast:  https://www.youtube.com/watch?v=QYqf98Fv5Ok

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Episode 492 The title says it all.

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Episode 490 A lightning round of reasons why the enthusiasm about Fed rate cuts may be misguided.

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Episode 489 There are 3 reasons not to like Apple short term and none of them have anything to do with Warren Buffett.

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Episode 488 Tariff inflation fears are back in the headlines; in a future episode I’ll discuss stagflation.  Today I want to FOCUS your attentions on the “secret” that builds wealth: losses are limited & gains are infinite.

What makes John Pugliano tick? Watch this very insightful interview with Nicole from the Living Free in Tennessee Podcast: https://www.youtube.com/live/TVrGAUxNDHA?si=9KgQ1aqF4bs5GrsX

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Episode 487 Whether you’re looking for a spouse with excellent lifetime career earning potential or for a stock market growth opportunity that’s not limited to the narrow Mag7, consider the long term trend of electrification of the economy.

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Episode 486 How do you build a resilient business?  Well, let’s talk about Lincoln Electric…

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Episode 484 The era of Digitization is rapidly expanding into the  nuts & bolts of the industrial world.

Join me and Jack Spirko as we discuss retirement, wealth and lifestyle design.  This is a casual conversation between two old friends that know what they’re talking about, because they’ve escaped the matrix and live the life they’ve designed.

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Episode 483 The trade deals with the EU & Japan are further confirmation of the long term shift in USA national security strategy and the reshaping of global trade.

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Episode 482 Use strategic diversification to create your own personal ETF.

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Episode 481 The stock market is getting frothy with FOMO and the rise of low quality stocks.  In recent weeks, it’s been a real dash for trash.  I personally have some cash on hand to buy the dip.

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Episode 478 Generac fits a unique niche in the specialty industrial machinery category and I think it’s posed for growth as it takes advantage of the long term trend in electrification of the economy.

Listen to my recent conversation about Industrial Digitization with my friend Andrew Horowitz on the Disciplined Investor Podcast:  https://thedisciplinedinvestor.com/blog/2025/07/06/tdi-podcast-industrial-digitization-928/

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Episode 476 Jabil Inc is a quintessential example of the key characteristic of the Industrial Tech Era.

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Episode 475 Why did OPEC+ “unexpectedly” increase curtailed oil production in April? 

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Episode 473: More good economic news you’re not hearing about in the media- 25Q1 S&P 500 earnings likely 13%; Atlanta Fed forecasting 25Q2 GDP growth of 4.6%; all that and more.

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Episode 472: The USA Industrial Technology growth narrative is evident by the fact that year-to-date the S&P 500 top performing sectors are Utilities and Industrials. Also, don’t despair about the 20 Year Treasury Bond negative Media narrative … it’s so insignificant it was discontinued for nearly 40 years.

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Episode 469: You won’t hear this in the Media, but the USA economy is extremely strong and resilient.

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Episode 468: Cold War II is an ECONOMIC WAR and we’re experiencing the initial skirmish, the battle of the tariffs.

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Episode 465:  The stock market has been driven lower because of extremely negative investor sentiment.  But I think the reality is a much stronger economy.  The trauma is self inflicted by President Trump.  But like a magician creating an illusion to distract the audience, Trump uses chaos to advance his agenda. 

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Episode 463: Ignore the contemporary arguments about free trade.  There is no free trade.  What there is, is government policies that attempt to distort market forces.  Tariffs are in the news, but deregulation will trump Trump’s tariffs.

In this episode we’ll discuss how market forces are defined by comparative advantage.   And I’d encourage you to think about comparative advantage in terms of how you can benefit from it in terms of your investment portfolio, career and personal development.

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Episode 461: Some of the kneejerk reaction to DeepSeek has already subsided but I want to make the point that advances in disruptive technology is ALWAYS a good thing and shouldn’t come as a surprise.  If DeepSeek is as good as they say, then it will dramatically increase the adoption of AI and strain the electrical grid faster than anticipated.  Just as the adoption of affordable air conditioning drastically changed society, a lower cost version of AI will spur consumption.

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Episode 460: In this episode I discuss over 50 stocks that I own and believe will benefit from the convergence of the secular trend of technology merging with manufacturing.  We’re in a USA manufacturing renaissance.

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Episode 459: Inflation numbers keep coming in higher than “expected”.  The Fed will likely not cut rates as much as anticipated in 2025.  The Market hasn’t been happy about that.  Beyond inflation there are several issues which could impact the stock market early next year, expect a more business friendly environment with less antitrust actions and rolling back of the Chevron Doctrine.

Listen to my recent appearance on The Disciplined Investor Podcast: https://thedisciplinedinvestor.com/blog/2024/12/08/tdi-podcast-the-robots-are-coming-898/

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Episode 458:   Curb your enthusiasm about a Trump Trade because a LOT could go wrong.

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Episode 457:   The BREXIT and Trump’s first election to the presidency occurred in 2016, that marked the first widespread populist discontent among the major Western powers.  Since the pandemic, the situation has only gotten worse.

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Episode 456:   I think that McDonalds HomeDepot & Costco are good companies but overpriced stocks.

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Episode 455:   After the November circus is over, the reality of long term trends will continue to drive the stock market…most likely higher.

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Episode 453:   The media just discovered we’re in a manufacturing recession.  Should you be worried?  Well, manufacturing has been contracting for two years, so it’s not a new problem.  It’s just a new media narrative.

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Episode 451:   Two weeks ago, the VIX volatility index spiked above 65; today everything is honky dory (:

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Episode 447:   Just listen to this episode…

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Episode 445:  The Fed likely won’t start cutting interest rates until June or July, that means we still have several months to enjoy 5% risk free rates.  So now it’s time to start thinking about moving back up the risk scale.

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Episode 443:  Why are investors and Wall Street ignoring the clear and present danger of geopolitical instability and escalation of war?

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Episode 442:  Once again foreign, Emerging Markets and Chinese stocks are being touted as the next best investing opportunity.  Maybe…maybe not.

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Episode 439:  2024 Investing Themes- review & commentary

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Episode 428:  Wall Street is obsessed with the possibility of lower interest rates.

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Episode 427:  The Market has been down for two consecutive months…how bad will it get?

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Episode 426:  Interest rates and monetary policy can’t solve the global supply conundrum.

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Episode 425:  The slowdown in Germany is characteristic of the general global malaise. But…German industrial giants have survived multiple world wars, they’ll survive this current situation.

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Episode 424:  The major indexes have regained their 50dma but global trade is slowing as evident by the decline in exports from China, Germany & Japan.  Short term markets are exuberant for peak interest rates but are ignoring the risk of structural shifts in the global economy.

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Episode 420:  Economic forecasts, PMI surveys, as well as market indicators like Metal & Petroleum prices are all pointing to a very mediocre global economy.

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Episode 419:  Money Market Funds are paying yields at 15 year highs…that’s where most of my money is currently parked.

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Episode 418:  Today we celebrate nine years of Wealthsteading… a daily disciplined methodical approach to taking stewardship of your assets.

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Episode 417:  The is the audio portion of a midyear economic presentation given on June 27 2023; the full video can be seen at:   

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Episode 416:  Regardless of what the Fed does with interest rates, the global economy is slowing, inflation is sticky, and zombie companies are starting to file bankruptcy.

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Episode 412:  The Market has been stagnant.  I continue to believe there is more downside risk than short term upside potential.

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Episode 403:  I’m concerned about two issues with the stock market.

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Episode 390:  It’s an ominous sign whenever the Market consistently fails at a declining 200 day moving average.

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Episode 386:  If you sell, make sure you have a strategy to get back in.

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Episode 385:  If you were an incumbent politician, wouldn’t you want a strong economy and stock market when you’re running for reelection?

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Episode 382:  Speaking of apprenticeship, check out my recent visit to the Homesteady homestead:   

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Episode 381:  The investor sentiment Fear & Greed cycle is comparable to a poorly paddled canoe.

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Episode 376:  The Markets might have finally hit selloff capitulation.

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Episode 374:  Investor sentiment is extremely negative.  I believe the panic is unwarranted.  Fears from the Ukraine situation are being conflated with issues from the Pandemic that have already been resolved or mitigated.  Much of our problems are due to “policies”, and as we’ve recently seen with NATO, long established policies can be quickly reversed.

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Episode 373:  The Stock Market has been selling off for 6 weeks…here’s what I’m doing.

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Episode 370:  NETFLIX’s crash shows that: 1) stay-at-home stocks still have further to drop & 2) first-mover advantage doesn’t justify extreme valuations.

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Episode 369:  Is there a pending recession?  Yes, probably in the “products” side of the economy, but the “services” side of the economy has yet to fully bloom.  Think in-person experiences, travel, leisure…regardless of interest rates, that sector is BOOMING!

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Episode 367:  The markets remain volatile but there are still plenty of stocks that I like, including these four stocks that I’ve owned for over a year:  FLS, ITGR, MHH & VPG.

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Episode 366:  The S&P 500 is sitting on very strong support at the convergence of its 100dma & 200dma but this week volatility spiked back up…should you be concerned?

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Episode 365:  Two thoughts on how to invest without reacting to every kneejerk headline or avoiding what you personally don’t like.

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Episode 357:  I wouldn’t recommend rushing out and chasing the headlines…I’m preparing to buy what everyone else doesn’t like.

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Episode 356: Ignore the crisis du jour, and fortify your portfolio with quality, diversification, and especially US equities.

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Episode 355: How should you handle an individual stock collapse?  In this episode I’ll discuss how I’m dealing with a 80% loss in SelectQuote.

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Episode 354:  The Media narrative about Tech Stocks is flawed…there hasn’t been a major selloff nor is there currently a relief rally occurring.  The QQQ has only been up about 8% over the past 12 months; while the Energy Sector has been up over 60%. The clear winning sector over the long and short term has been ENERGY.

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Episode 352:  Goldman Sachs stock price took a big dive today, as did the entire stock market.  But GS, like other high quality companies are extremely profitable with very reasonable valuations.  In my opinion the current volatility in the stock market is not a time to panic but a time to buy quality stocks.

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Episode 351:  The way that 2022 is beginning is likely the way it will end…volatile & profitable.  In this episode I discuss why I believe that stock valuations can support further growth in the economy and the stock market.

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Episode 345:  Both Peloton and SelectQuote are down by nearly 70%.  Is this a good entry point to buy the dip or should you avoid trying to catch a falling knife?

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Episode 342:  Everyone hates Verizon (VZ)…now might be a good time to buy it.

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Episode 339:  My mantra hasn’t changed…buy the dip.  In this episode I’ll discuss positive harbingers for the stock market, including how hotel stocks like Hilton and Marriott are outperforming the general stock market.

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Episode 337:  The title says it all. When the Federal Reserve starts to taper their monthly bond purchases, it doesn’t mean they’ll actually start to retire debt and reduce their balance sheet.

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Episode 335:  These 5 stocks have been part of my COVID90 ReOpening trade since Oct 2020, they’ve done extremely well, but because of concerns over the Delta Variant they’ve recently pulled back.  Based on their chart patterns, I think they’re at good entry level buy points.  LYFT; EVENTBRITE; TRIPADVISOR; TRIVAGO & MAGNITE.

Pay attention to the RATIONALE of why I own these stocks and how I focused on DIGITIZATION rather than traditional capital intensive travel companies like Airlines & Cruise Ships.

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Episode 333:  I think Oil stocks have farther to run as the threat of COVID Variants subsides.  In this episode I mention my Oil positions.

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Episode 330:  I believe the best way to build & preserve your wealth is through Diversification and Active Portfolio Management.

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Episode 329:  The latest Media driven fear factor is that variants of Covid will squelch the economic recovery.  I think the anxiety will be short lived, just like last month’s propaganda about hyperinflation.

NOTE to the Inflation Distraught:  10 Year Treasuries have dropped down to 1.3%, hardly an indicator of rampant inflation.

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Episode 326:  The subtitle to this episode could be: Why lumber prices are so high but timber prices are so low.

Bottom line, the media narrative of hyperinflation is much ado about nothing. 

Over the short term, I don’t see the FED raising interest rates nor curtailing easy monetary policy.  Transitory inflation is being caused by short term shortages, not long lasting scarcity.

The “experts” were wrong in 2018 when they said the “inverted yield curve” would cause a recession, and they’re wrong now about hyperinflation.  

For a historical perspective, listen to this episode...

Episode 325: A lot of the financial news coverage is negative focusing on shortages and price & wage inflation.  But technically I think the major indexes are performing well and a great deal of opportunity still exists in the ReOpening Stocks. 

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Episode 324:  In this episode we’ll look at current market conditions in light of investor psychology and especially drill down into the reasons why YOU keeping missing opportunities in the stock market.

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Episode 323:   As we see the Markets sell off from the COVID19 Tech Unwind and rotation out of Stay-at-Home stocks, I’m buying the dip, and remain extremely optimistic about the ReOpening Trade.

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Episode 322:   Did you miss the post-election stock market rally?  Well, the easy money has already been made, but there are still MANY opportunities.  In this episode I discuss potential that still exist in the COVID90 portfolio.

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Episode 320:   The rotation rally looks like it has fizzled.  The S&P 500 keeps failing at its 50dma.  That’s a good indication that the market is headed lower.

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Episode 319:   The stock market has fallen for three straight weeks.  There are mixed signals that this selloff could simply be a Rotation out of overbought Tech stocks and into Value and Cyclicals.

 On the other hand, with over 41% of the S&P 500 already in a Bear market, maybe the Correction has just begun.

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Episode 316:  The market took a big tumble today.  Is this just a normal September swoon?  Or are we headed for a more drastic correction?   

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Episode 314:  The Market has been incredibly resilient over the past month but I believe it could easily stumble into a rapid decline if investor sentiment turns sour.  In this episode I discuss the rationale for prudent investing and give specific examples of why I recently purchasing Tyson Foods and also lessons learned from swing trading the Great Recession of 2008.

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Episode 313:  The COVID death toll is over 100K, unemployment is nearing 20%, and protesters are rioting and burning the cities…yet the stock market keeps going up.

Will this rebound rally continue?  Or are we headed for a major downturn this summer?  I’m concerned that just as the market was oversold with COVID hysteria, now there’s irrational exuberance about the re-opening of the economy.

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Episode 311:  In this episode I discuss how I’m planning to re-balance my portfolio to take advantage of what I believe will be an inevitable recovery.

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Episode 308:  The
Wuhan coronavirus COVID-19 is spreading outside of China.  I’m not sure why that’s a surprise to
anyone.  But before you panic, let’s put
things in perspective.  COVID-19 is a
virus, not Stage IV cancer.  I viewed
today’s volatility as a buying opportunity. 
Listen to find out why.

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Episode 307:  Wuhan coronavirus is still in the news but the S&P 500 is setting record highs.  WHY?  There are a number of reasons this market is so resilient- short covering, Chinese monetary policy, and most importantly the growth and profitability of the Tech sector.

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Episode 303:  Billionaire investor Ray Dalio has recently penned a piece for LinkedIn entitled “The world has gone mad and the system is broken.”

I think Mr. Dalio is wrong.  The world is what it is and if anything is broken it’s Ray Dalio’s economic model.  In this episode, I’ll discuss why the epic confluence of Technology & Demographics (depopulation) are hyper deflationary and why old economic theories of inflation are poor indicators of the economy.

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Episode 302:  The S&P 500 closed above 3120 for the first time, continuing a six week winning streak.  In this episode I’ll discuss the next 7% move, which could be either Up or Down.

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Episode 301:  Today the S&P 500 set a new, all-time record high.  That’s in spite of all the fear over non-existing threats like the inverted yield curve.  Listen in for where I think the market is headed and why I remain optimistic.

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Episode 300:  In this episode I give a very simple example of the difference between an existential threat and a harmless policy decision problem.

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Episode 299:  Over the past eight trading sessions the S&P 500 has surged to within 1% of a record high.  There are several explanations for the rally, with the primary reason being gestures coming out of China.  Will this uptrend hold or is it just a dead cat bounce?  All this and more in this episode.

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