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Market News Posted by Team Topstep October 17, 2019

The Fed Waits and Disney Always Delivers with Mark, Jack and Dan

We’re switching up the format for this week’s episode of Limit Up! while Jeff Carter is traveling. Our TopstepTrader dream team of Jack Pelzer, Dan Hodgman, and Mark Meadows sit down for a roundtable discussion on what’s happening in the market this week.

The group talks about how the market is in a holding pattern until the Fed makes a decision on rate cuts and offers up their personal advice on how to deal with market volatility. Jack introduces a new game, Kramer vs Kramer, and challenges Dan and Mark to guess whether the quotes Jack compiled were said by Jim Cramer.

Finally, the group shares their spookiest trades (their biggest losers) as an example of how to keep going even when the market beats you down. Dan also has lots of thoughts to share about Disney World so if you’re planning a trip to the happiest place on earth, tune in!

  • [00:16] – This week: Jack, Dan, & Mark
  • [01:05] – Pod Save the Nasdaq
  • [02:10] – Dan’s trading background
  • [03:30] – Mark’s trading background
  • [04:55] – Jack’s trading background
  • [05:35] – Does the Fed need to cut rates?
  • [10:17] – Community Questions
  • [16:13] – Fighting the battle you can win
  • [19:45] – Negative yielding debt
  • [22:44] – Kramer vs Kramer
  • [30:39] – The Big Short
  • [33:13] – Jack’s biggest loser
  • [35:27] – Separating your personal bias
  • [39:55] – Weekend plans

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Podcast episode production by Dante32.