The Disciplined Investor

Cannabis Life Sciences CEO Andrew Glashow is our guest this episode. We look at trends in the marijuana industry and what he sees ahead for the sector. Equity indices are making all-time highs with record amounts of money pulled from stock funds and ETFs – how does that square? Plus, we take a look at earnings and economics for the coming week ahead. Mr. Glashow has twenty-five years of experience in the capital markets and in all phases of business start-up and growth, including feasibility studies, business plans, equity and debt funding, private placements, reverse mergers and IPOs. Mr. Glashow has served as CEO and President of multiple companies which he helped capitalize. He is a graduate of the University of New Hampshire’s Whitemore School of Business and Economics. About CLS Holdings: CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for “Cannabis Life Sciences,” in recognition of the Company’s patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company’s business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.   Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Webinar Replay Friday Pre-Market Run-Down Webinar Registration Stocks mentioned in this episode: (CLSH)

Negative Rates are killing global economies. Turning yield curves upside down and causing a never ending race to the bottom. This will assuredly take down the global economy if this policy experiment isn’t  discontinued. Is there anyway out of this or are we destined to see ZIRP forever? Plus – listener questions and a deep-dive into the employment report for my high school pal Jon Olsen. Chart discussed in this episode Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Webinar Replay Friday Pre-Market Run-Down Webinar Registration Stocks mentioned in this episode: (SPY)

Taylor Lembi on Real Estate Opportunity Zones – an interesting way to diversify and reduce capital gains tax on highly appreciated assets. If you have been scared, mentally paralyzed or just a non-believer in the market rally – we have something that may help in this episode of you. Plus – a look at the week ahead and what the short July 4th holiday may mean for markets. Taylor Lembi, the CEO of M31 Capital, has 20 years of experience in all aspects of the real estate industry from construction and development to property management, investment and real estate technology. In the course of his career, Taylor has acquired, managed, financed and advised on over $3 billion of real estate-related transactions and serves as a partner in numerous real estate ventures. Founded in 2016, M31 focuses on multi-family and commercial property. Through established strategic partnerships and his extensive network of contacts, Taylor and his partners are adept at sourcing value-added investment opportunities before they are broadly marketed. M31 Capital also benefits from its vertically integrated, real estate-related service businesses that improve the operating efficiencies and economics of real estate investments. The Morpheus Qualified Opportunity Zone Fund 1 – M31 Capital’s first fund for all accredited investors – is a $25 million Qualified Opportunity Zone Fund targeting investments in and around the San Francisco Bay Area. Morpheus 1 was launched in April 2019. A lifelong resident of the San Francisco Bay Area, Taylor is a third-generation San Franciscan, who has his finger on the pulse of the Bay Area real estate market. He is active in a variety of civic and charitable projects, including Adopt the Arts, Aids Lifecycle, and Project Open Hand, among many others. He holds a Bachelor of Science degree from Arizona State University W.P. Carey School of Business. Taylor on LinkedIn Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Webinar Replay Friday Pre-Market Run-Down Webinar Registration Stocks mentioned in this episode: (SPY)

Imagine that you have been stranded on an island for the last 10-years. You come home and find that the economy is doing well and the stock market is near all-time highs. What would you forecast Fed Funds rates to be? How about the rate on the 10-year Treasury? Listen in to what Former Fed Chair, Ben Bernanke had to say about the potential for a rescission and what is up with the Fed these days. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Webinar Replay Friday Pre-Market Run-Down Webinar Registration Stocks mentioned in this episode: (SPY), (JNK)

Chris Vecchio brings us his expertise in the area of currency trading. If you ever wanted to know more about what it takes to be a currency trader – this episode is for you. What is going on with my Apple devices? Plus a look at the high-flying IPO markets. Christopher Vecchio is a Currency Analyst for DailyFX.com. He holds a dual Bachelor of Arts degree in Government & Law and Economics from Lafayette College. During his undergraduate program, he gained a strong understanding of fundamental analysis of the foreign exchange markets by examining the interrelationship between geopolitical events, macroeconomic trends, and finance. Christopher also incorporates technical analysis into his research in order paint the most complete picture of what is occurring across various asset classes in the short-term and medium-term. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (BYND), (CHWY), (SPY), (DXY), (EURO), (YEN)

The Karate Kid of Economics strikes again – Tariffs on, Tariffs Off. Economic number are weak and that is bringing in the bad is good narrative – we discuss what to look for in the upcoming months ahead. Valuations, listener questions and a fishing story to boot – all this and much more….. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (X), (BYND), (ZM)

Howard Silverblatt gets deep into the scorecard from this earnings season.  The biggest changes, trends and the impact of buybacks. We also have to discuss the latest round of tariffs on Mexico. Really???? The yield curve inversion is getting worse and that is not looking good for our econoy’s future. So much more….. Howard Silverblatt (@hsilverb) is Senior Industry Analyst, Index Investment Strategy, for S&P Dow Jones Indices (S&P DJI). In addition to general market research and commentary, Howard is responsible for the statistical analysis of S&P DJI’s family of U.S. Indices, including the world’s most followed stock market index, the S&P 500®. Howard has been with Standard & Poor’s since 1977, and has held various analytic, business development, and product positions. He joined S&P Indices in 1983 as an editor, and has since received numerous corporate and industry awards, most notably for his work on the creation and development of Standard & Poor’s core earnings and Global Industry Classification Standard (GICS®). Howard is widely quoted in top tier news publications around the world, providing in-depth analysis and information on a myriad of topics impacting the investment industry. Howard graduated with a B.S. in Business Management from Syracuse University. Next Friday’s TriggerChart’s Webinar – REGISTER HERE Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (SPY), (DIA), (AAPL), (CAT), (TIF), (MCD), (ANF)

Jon Markman provides a great depth of knowledge in several areas that we discuss in this episode. From the future of autonomous driving to the state of the economy. We spend some time discussing the real impact on GDP from the trade war and then get into a fascinating discussion about the future of digital transformation. Plus – a look at the latest markets, economics and much more…. Jon Markman, directs Markman Capital Insight (MCI) from their offices in Seattle, Washington. Leveraging three decades of experience, wide-ranging contacts throughout the global investment industry, a passion for quantitative finance and an eye for value, he is the principal author of their five equities and options research services and editor of their two futures services. A pioneer in the development of stock-rating systems and screening software, Markman is co-inventor on two Microsoft patents and author of the best-selling books “The New Day Trader Advantage,” “Swing Trading,” “Online Investing” and “Reminiscences of a Stock Operator Annotated Edition.” He was portfolio manager and senior investment strategist at a stat-arb hedge fund from 2002 to 2005; managing editor and columnist at CNBC on MSN Money from 1997 to 2002; and a news editor, investments columnist and investigative reporter at the Los Angeles Times from 1984 to 1997. He is currently the Tech Intelligence columnist at Forbes and a featured contributor to MarketWatch and Yahoo! Finance. Next Friday’s TriggerChart’s Webinar – REGISTER HERE Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (ACN), (CDW), (IT), (BAH), (GLOB), (XLNX), (CSCO), (NVDA)

Danielle DiMartino Booth is our guest this week as we discuss the inside of the Fed and how they really make decisions. Plus, a rundown of the week and how investors may be looking at companies that are unprofitable. Danielle DiMartino Booth makes bold predictions based on meticulous research and her years of experience in central banking and on Wall Street. Known for sounding an early warning about the housing bubble in the 2000s, Danielle offers a unique perspective to audiences seeking expertise in the financial markets, the economy, and the intersection of central banking and politics. Called “The Dallas Fed‘s Resident Soothsayer” by D Magazine, Danielle is a well-known speaker who can tailor her message to a myriad of audiences, once spending a week crossing the ocean to present to groups as diverse as the Portfolio Management Institute in Newport Beach, the Global Interdependence Center in London and the Four States Forestry Association in Texarkana. Her success is based on her ability to translate the arcane language of Wall Street thinkers and Fed insiders to the man on the street. Danielle is regularly featured on CNBC and Bloomberg. Check out her book “Fed Up” that is soon to be released on Amazon. From Wall Street to respected columnist to Fed Advisor, Danielle spent nine years as a Senior Financial Analyst with the Federal Reserve of Dallas and served as an Advisor on monetary policy to Dallas Federal Reserve President Richard W. Fisher until his retirement. Fisher called on Danielle to serve at the Fed after becoming a loyal reader of her financial column in the Dallas Morning News. She began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed income, public equity and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (X), (SPY), (TSLA), (UBER), (PINS), (LYFT)

First, let’s get to the bottom of these tariffs.  Who is really footing the bill? Brian Shannon explains exactly what is VWAP and how to use in the technical analysis process. Brian Shannon, full-time trader, educator and author of the highly regarded book Technical Analysis Using Multiple Timeframes, is the founder of Alphatrends. With 20+ years of experience, he has turned beginners, losing traders, and even so called “experts” into profitable traders that are equipped to seal gains in the market regardless of it‘s turbulence. Learn how to trade stocks from one of the best in the industry. Brian is the #1 ranked expert on Twitter in the categories of investing and Trading With over 52,000+ followers. In addition, Brian has a following of over 62,000+ on StockTwits, and some of the most subscribed financial videos on YouTube. If you are looking for the best stock trading site, look no further, Alphatrends has everything you need. “I believe in honesty, realistic expectations and true representations of what people can expect. Everything I say here is done without the slightest exaggeration. Integrity is everything to me. While this business is rife with charlatans that prey on people‘s greed, I only talk about substance and obtainable trading results. “  Follow @alphatrends Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (AAPL), (SPY), (RH), (STMP)

Employment looking good. Market cheers after the report after dipping earlier in the week. The Fed is looking like they have no idea how to forecast. What are they seeing (smoking) that made them believe that the economy was going over a cliff? Melt-Up talk is all the rage – and we may be talking ourselves into it. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE eNVESTOLOGY Stocks mentioned in this episode: (AMZN), (WW), (SPY), (GLD)

New Highs , New Highs , New Highs. GDP rocks higher – but why? An earnings rundown of where we stand so far this season. Tesla finally breaks…And listener questions PLUS: Market Mechanics, earnings outlook and the economic backdrop. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE TradeStation Morning Market Briefing – Friday’s at 9am – Register Here Stocks mentioned in this episode: (SPY), (TSLA), (TIP), (FB), (GOOG), (MSFT)

Happy Passover – taking some of the lessons from the Passover Seder and applying them to investing. What type of investor are you? We look at the story of the Four Children for insights. PLUS:  Market Mechanics, earnings outlook and the economic backdrop. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE TradeStation Morning Market Briefing – Friday’s at 9am – Register Here Stocks mentioned in this episode: (SPY), (NFLX), (FB), (MSFT), (AMZN)

We focus in on the earnings season that just got started – want to look for and how markets may react. Plus a few stocks of interest that Frank brings to the discussion. Tech, oil and gas and the IPO market are all areas that Frank has some strong opinions on. And – insights on the economy, markets and more. Frank Curzio can be reached by email at curzio1@gmail.com Frank Curzio is an equity analyst with close to two decades of experience covering small- and mid-cap stocks. Check out his newsletters. (Free trial subscriptions available) He has been the editor of several well respected newsletters with major companies as well on of the top performers with TheStreet.com where he significantly outperformed the markets during his tenure. He was also a research analyst for Jim Cramer. Frank is the host of Wall Street Unplugged. Frank has been a guest on various media outlets including Fox Business News, CNBC’s The Kudlow Report and CNBC’s The Call. He has also been mentioned numerous times on Jim Cramer’s™s Mad Money, is a featured guest on CNN Radio and has been quoted in financial magazines and websites. Before TheStreet.com, Frank was the editor of The FXC Newsletter and received one of the top rankings by Hulbert’s Financial Digest for risk-adjusted performance. Follow @frankcurzio Follow @andrewhorowitz Stocks mentioned in this episode: (JPM), (PNC), (WFC), (C), (DIS), (AMZN), (NVDA), (FB), (X), (CVX)

There are several lessons to be learned from the recent action from over the past 2 quarters – we take a look at five key ideas on how you can approach markets. What is brewing under the surface that has the Fed spooked? A look at market makeup and what were the driving factors of performance so far this year. Plus – a sidebar about the political environment and how it may be impacting your decisions. Follow @andrewhorowitz More information on the TDI Managed Growth Strategy – HERE TradeStation Morning Market Briefing – Friday’s at 9am – Register Here Stocks mentioned in this episode: (SPY), (AAPL), (GOOD), (MSFT), (AMZN)