Markets Hit Key Turning Point, What's Next? Jack Schwager On How Best Traders React To Crashes

Jack Schwager, trader and author of the renowned series of "Market Wizards" books, analyzes current stock market trends, and discusses the recent market volatility and how the best traders he's talked to react to periods of high volatility.

*This video was recorded on August 13, 2024

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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Intro
1:00 - Market sentiment
5:30 - Technical indicators
8:45 - Volatility
13:31 - Best traders' reactions to volatility
16:00 - Rookie mistakes
18:34 - Yen carry trade
20:30 - Market crash reactions
22:00 - Risk hedging
24:50 - Finding trading opportunities

#trading #investing #stocks

[TheDavidLinReport]

Is this market rebound going to continue?

[Kaustavpatell]

I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .

[AddilynTuffin]

I am holding a cash position right now, of about 300k. I know a dip is supposed to be the buying opportunity, so whats the best stocks to dive into, in this recession?

[TJH]

I'm convinced that investing $50k-100k in the right company before it goes big is more important than saving for retirement. However, picking the right company is so hard. I have around $200k in a HYSA and want to invest. What are the best opportunities now?

[julienestefani]

Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Darry Amancio, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[joe-]

The bottom line is if the S&P 500 doesn't hit a new all-time high during this upswing, then we will have a head-and-shoulders top on that index. The bears will feast if that happens.

[mutantryeff]

A dead bull bounces higher than a dead cat.

[JimBarnz]

Way to many advertisement interruptions

[aweenlee]

well im sitting by the sideline and keep watching until the market bust and then ill buy.

[prophetxx]

GREAT GREAT GUEST DAMN DAVID! WELL DONE

[TestChannelWow-bhys]

this dude was claiming the end of capitalism the other day

[eccentricccc]

I respect Jack Schwager so much.... but the sentiment and indicators tell me the bottom is not in yet. Maybe i'm wrong..

[Rocio-pl]

I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America...

[annihilationHaven]

I'm out of the market now, everything is gone. I guess I'll be on the street tomorrow.

[seamusmckenna]

Its not a dead cat bounce because the cat is still alive

[jakw]

Everyone is changing opinions so fast, i think this is a massive dead cat bounce.

And if they do QE again, we will have the biggest QE package yet.

[fredfred]

A lot of people here saying technical analysis is silly or doesn’t work. I’d encourage you all to realise that this guy has literally interviewed some of the best traders in the world and some of the best traders swear by technical analysis. That can’t mean it’s silly or doesn’t work.

[B-H]

David, you just recently had Chris Vermuelen on your show where he was predicting a large bull trap, in which he said the market will bounce upward, just like it is doing now, then crash even farther down quickly afterwards

[stevemelton]

Talk about the Fed being data dependent and the stock market looks 6 months out. The stock market changes course every day depending on the news

[friendlyhuman]

David, I need to go to sleep now. I will watch this when I wake up. What I need now is some ASMR lol.