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Michael Pisani, aka Options Mike, joins the podcast to discuss why he’s anticipating a year-end rally in stocks.
- It’s been a tough year for stocks and risk assets. That may be about to change (2:10);
- Jerome Powell and the Fed have twice this year fooled markets into anticipating a pivot. But something has changed and the FOMC is no longer unanimous with its hawkishness (4:04);
- There is still a lot of cash still on the sidelines (6:46);
- Specific areas of the market Pisani likes here. And specific stocks, primarily Ford (F) and to a lesser extent General Motors (GM), both as longterm plays (11:42);
- Another stock he’s bullish on: Snowflake (SNOW) and several that are candidates to go to zero (12:33);
- An easy contrarian play: ARK Innovation ETF (ARKK). Yes, really (15:46);
- Pisani’s take on cryptos (18:31);
- Background on the guest (23:44).
More on Options Mike
- Website: SmartOptionTrading.com;
- Twitter: @OptionsMike.
Not intended as investment advice.