Sunday, August 21, 2016

Ralph Acampora, and Harry S. Dent Jr.

Aug. 19, 2016
Featured Guests
Ralph Acampora, and Harry S. Dent Jr.


  • Economist and best-selling author Harry S. Dent Jr., returns with positive comments on the PMs sector.
  • The gold market follows the commodities cycle , which continues to advance. Every investor should allocate 5-10% gold / silver to to their portfolio to improve investment diversification.
  • Investor's appetite for the PMs continues to improve, in the wake of news of huge losses related to security issues in the Bitcoin encryption methodology.
  • The positive trend in US equities is directly correlated to negative rates - investors have few options other than chasing risk to boost expected returns.
  • Weakening economic conditions will persist, which could lead to a new round of QE4 and subsequent inflation.
  • Given the startlingly muted economic fallout in the UK following the Brexit, Spain, Portugal and Italy may exit the EU, improving the prospects for PMs.

  • Leading Wall Street technician, Ralph Acampora of Altaira Wealth Management returns with his technical view on the markets.
  • His outlook on the PMs metals is positive; gold could advance above $1,400 per ounce.
  • Nearly 50 years ago, Stevenson and Bear (1970) outlined an alternative to the EMH; sometimes display years of long-memory (trends).
  • Our guest highlights the importance of key investing factors: price, time and sentiment, culminating in a fusion investing approach.
  • Fusion investing involves combining economic themes, fundamentals and technical analyses.
  • Reminiscent of the chess match between Russian Grandmaster Gary Kasparov vs. Deep Blue, the fusion approach yields a nearly invincible approach.
  • Ralph Acampora prefers the contrarian perspective, noting he's "very excited, because no one else is..."
  • He cannot recall a time in his 50 year trading tenure, where so many investors were weary of US stocks.
  • Such investor nervousness typically coincides with favorable markets. The shares index breadth remains highly bullish, suggesting an impending "meltup."
  • Case in point, the price rebound following the infamous Brexit announcement indicates substantial underlying strength / accumulation.
  • The financial shares continue to underperform, presenting an enticing valuation opportunity.
  • Our guest leaves the listener's with sage advice on US equities, "Stay bullish."

Show Host
Chris Waltzek
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