Investing With IBD cover image

Investing With IBD

Ep. 227 Tom Dorsey: How Stock Chart Analysis Gave This Inmate A Second Chance At Life

Jul 27, 2023
Trading pro Tom Dorsey discusses teaching a stock market course in prison, the positive impact on inmates, and the success of his former classmate in the investment industry. They also explore the growing importance of clean hydrogen-based energy, trading algorithms, and the significance of relative strength lines in identifying potential stocks for rotation.
01:08:42

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Stock chart analysis gave a prison inmate a second chance at success through an educational program on stock selection.
  • Investors should diversify their positions and look for opportunities outside of the tech sector.

Deep dives

Boeing Reports Strong Earnings with 8.7% Gap Up

Boeing (BA) broke out with an 8.7% earnings gap up, ending its flat consolidation. The stock had been trading in the 221 to 223 range for a while. With a significant increase in volume, this breakout could signal the start of a decent move. While it is not too late to buy, it may be wise to wait for a pullback or some consolidation before considering an entry. The future estimates for Boeing in 2024 indicate positive growth, which adds to the stock's potential.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode