Panic with Friends - Howard Lindzon Market Technician Helene Meisler of RealMoney.com on Price, Sentiment, and 'Groping' for a Bear Market Bottom (EP.204)
Today’s guest is a master of the markets. I’ve been following her work since the start of TheStreet.com. To say she’s a fan of the markets is an understatement. Helene got started in the markets in 1982 at Cowen and Co and then moved on to Goldman Sachs where she was their first ever technical analyst. And she learned early on that if you're going to work at Goldman you're going to put your money where your mouth is. Today she’s a mentor to thousands, if not tens of thousands, of people that like to think clearly about the markets and learn about technical analysis and price and sentiment – all the things that make markets work. The stories are fantastic – the weird dynamics you have to deal with when running people's money, being an analyst, and building stock charts by hand – she’s a legend with a great sense of humor. You can find her on FinTwit talking about all this stuff every day.
Guest - Helene Meisler, Financial Markets Analyst and Columnist for RealMoney.com
howardlindzon.com, RealMoney.com, realmoney.thestreet.com
Twitter: @howardlindzon, @hmeisler, @realmoney, @PanicwFriends, @knutjensen
linkedin.com/in/helene-meisler-4a783153
#fintech #invest #investment #venturecapital #stockmarket #finance
Show Notes:
- Introduction. (00:42)
- Welcome Helene. (03:21)
- Helene lands on Wall Street in 1982. (05:02)
- Becoming a market technician by working with a mentor. (07:55)
- Are you a technical analyst, or just a chart reader? (11:30)
- There's no "one" correct way - her style might not work for you. (12:42)
- Moving to Goldman Sachs. (13:56)
- The General Motors $GM trade. (15:20)
- Calls that shook her confidence. (20:35)
- Entering a Bear Market in 2021. (25:15)
- Tops and Bottoms aren't built in a day. (27:16)
- Working with Jim Cramer. (27:41)
- Reacting to "V" bottoms in the market. (30:48)
- Helene's typical day as a market technician. (33:26)
- The pain of a broad market decline. (38:43)
- Wrapping it up. (43:42)
- Closing thoughts. (45:35)