Andy Constan and Jimmy Jude, partners of Damped Spring, join the show to discuss their successful calls and the value of collaboration. They share a humorous story about a disastrous job interview at Bridgewater and emphasize the importance of considering counterpoints. They also discuss their 'Dampspring' report, their daily process of analyzing the market, and their interests outside of trading. In addition, they predict a potential rally in the oversold market and discuss the risks associated with stock lending and broker stability.
Being flexible in trading and willing to change opinions based on new information is crucial.
Understanding different stages of the market, such as higher for longer, bear steepening, and the shift from equities to bonds, is important for market analysis.
Staying true to long-term conviction and avoiding amateur moves are key to successful trading.
Choosing a reputable broker and conducting thorough research is essential when lending stocks to short sellers.
Deep dives
Andy Konstant and Jimmy Jude join the show as the new dynamic duo of Damp Spring Team
Andy Konstant and Jimmy Jude join the podcast as the new dynamic duo of Damp Spring Team.
Discussion about the recent market trends and the performance of one of the largest hedge funds in the world
The podcast discusses the recent market trends and analyzes the performance of one of the largest hedge funds in the world.
Emphasis on the importance of being flexible and able to change opinions in trading
The podcast emphasizes the importance of being flexible in trading and being willing to change opinions based on new information.
The script to end inflation and the stages of the market
The podcast explores the script to end inflation and discusses the different stages of the market, including higher for longer, bear steepening, and the shift from equities to bonds.
Technical Analysis of TSN Stock
TSN stock has been in a downward channel with lower highs and lower lows. However, it has recently broken out of this channel, indicating a potential bullish move. The first target would be a retracement of the sell-off, which aligns with the previous highs from February. This could potentially form a right shoulder of a big head and shoulders pattern. In the short term, a trade back towards $100 seems reasonable, but caution should be exercised if the stock fails to clear the $100 level.
Summary 1
The podcast hosts discuss the outcome of a bet in which the winner selected the correct outcome of a currency trade. They mention the importance of staying true to long-term conviction and the risk of making amateur moves. They also announce their plans to host a dinner with three lucky listeners and explore the possibility of changing their betting segment in future episodes.
Summary 2
In this episode, the hosts address a listener's question about lending stocks to short sellers. They explain that while some brokers offer this option and allow clients to earn fees, there may be risks involved, such as a potential loss of SIPC protection for the shares. They mention the importance of researching and choosing a reputable broker to minimize risks and highlight the market dynamics and relative merits of lending shares versus owning treasuries.
This week Kev banters with Damped Spring parters, Andy Constan & Jimmy Jude. They discuss their thoughts on the market and reveal how they became a dynamic duo, with a few stories thrown in for good measures. Pat and Kev also announce the triumphant winner of Skin In The Game – it was a close call…
