Fill The Gap: The Official Podcast of the CMT Association Episode 49: Pulling Global Markets Together with Laurence Balanco, CMT
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Mar 14, 2025 Laurence Balanco, CMT, is a skilled Technical Analyst at CLSA Australia Pty Ltd, known for his expertise in global markets and Elliott Wave analysis. He shares his insights on navigating market trends and the importance of adapting investment strategies in a shifting landscape. The discussion highlights the resilience of global markets amid US economic uncertainty, the evolution of Bitcoin as a recognized asset, and emerging opportunities in sectors like fintech and robotics. Balanco also delves into the intricate dynamics of the dollar's influence on emerging markets.
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Balanco's Market Journey
- Laurence Balanco's interest in markets began in high school, influenced by his father-in-law's investments.
- Early in his career, he realized that markets didn't always follow fundamental valuations, especially during the tech bubble.
Start with the Basics
- Start with the basics of technical analysis if you are a beginner.
- John Murphy's "Visual Investor" is recommended for its clear explanations of basic concepts and indicators.
Buy-Side vs. Sell-Side TA
- Using technical analysis evolves when managing money compared to sell-side idea generation.
- The buy-side demands holding and managing positions, while the sell-side focuses on pitching and moving on.