Native Angelino with Tom Levine

One year ago, Jason Haber organized a petition seeking the resignation of the National Association of Realtors (NAR) President Kenny Parcell. Within days, the executive was gone, and Haber's life had changed forever.The petition's momentum, albeit rapid and fierce, can not compare to the tectonic shifts already in motion in the real estate industry. For years, multiple clusters of fanged lawsuits have worked their way through the justice system.  Sitzer-Burnett vs NAR The NAR and co-defendants lost a major battle and faced a monster penalty that stoked the fear of bankruptcy with a dagger looming close to their not-so-not-for-profit hearts.The recent implementation of a DOJ and court-guided settlement (proposed) of the Sitzer-Burnett (and related) cases has changed and upended the staid and foggy practices of running a real estate business, ushering in a new era promising transparency and accountability.If the Department of Justice stays quiet (unlikely) and the Court approves the recently implemented practice changes and settlement of the Sitzer-Burnett cases, the real estate industry may be on track to compete and operate ethically in the modern era.These practice changes will undoubtedly require numerous iterations to perfect and reshape tired traditions embedded in U.S. real estate businesses. Whether or not the legacy trade association and old-line business models can adjust is to be determined.American Real Estate AssociationJason Haber and Mauricio Umansky, CEO/Founder of the Agency, announced in January the formation of a new trade organization, the American Real Estate Association, which is billed as "built by agents, for agents."The American Real Estate Association has the potential to become a significant alternative to the NAR. With a focus on modern tools and methods, it aims to avoid the bloat and rust of its elder industry mate.Jason Haber Is Not Afraid During this discussion, Haber was direct, clear, and personable, holding nothing back while describing the failings of real estate agents, brokers, brokerages and the national trade organization.His commitment to improvement, good trouble, and forward momentum inspires confidence and a desire to get involved.The winds of generational change apply not only to politics but also to the business of residential real estate.Author’s NoteHaber declined to comment when asked if the plaid shirt worn during this interview is a nod to the current election cycle and the Vice-Presidential candidate.American Real Estate Association | NYTimesHaber Rattling - Agent Comes For The NAR | The Real DealEt Tu, Agent? Commission-Based Steering in Residential Real EstatePublications and Podcasts by Tom LevineReal Estate Consultant vs Real Estate AgentWill The Realtor Settlement Be ApprovedThe Strategic Impact of the Sitzer-Burnett Settlement on Real Estate PracticesReal Estate Tokenization - Part 1Stock Market Highs and Real Estate RiskAbout The Author And Podcast HostTom Levine, leveraging a 25-year tenure in capital markets, leads Zero Hour Group and Native Angelino Real Estate, offering a suite of consulting, strategic analysis, and real estate services.An alumnus of USC Marshall School of Business and the Claremont Colleges - Pitzer College campus with a term at the London School of Economics. Additionally, he holds a CADRE broker's license and the designation certified Short Sale Specialist under the National Association of Realtors. CA DRE #02052698Schedule A Free ConsultationI consult on a range of transaction types and deal structures, I would be pleased to have a discussion. Schedule a call here.Tom Levine, Real Estate Broker and ConsultantHave a challenging transaction? Let's discuss.  This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Pia Mia - Social Media Savvy BuinesspersonApproaching a staggering 1 Billion YouTube views, 780 million TikTok views, 10 million Instagram followers, 2.5 million monthly Spotify listeners with a 77% conversion rate, Pia Mia's reach is undeniable. Big numbers for the woman from Guam who came to LA as a 13-year-old girl.Her music and creativity resonate with millions.Since arriving in California, she has collaborated on a multi-platinum record, acted in feature films, developed a branding entity and, within the last two weeks, released her first book.Episode Notes00:15 - Introduction01:15 - Book Release02:15 - From Guam to Hollywood via Urth Cafe07:00- A Drake Cover, Kanye and Dinner15:55 - Publishing vs Music Industry19:00 - SAND, Sequins, and Silicone - a reading22:00 - Anna Todd, After, Wattpadd23:00 - Branding and Social Media25:50 - Spotify engagement, TikTok, Instragram Live and YouTube31:05 - A Multi-Platinum Story35:30 - Helpful Business Tips From Pia MiaSand, Sequins & SiliconeReleased May 14, 2024 by publisher Frayed Pages x Wattpad Books. Available at Amazon, Barnes and Noble and other major retailers.Mentioned in the EpisodeMadonna Names Pia Mia as Material Girl’s Fashion DirectorPia Mia Went Viral Covering DrakeWattpad - The world's largest storytelling communityAnna Todd (writer/producer/influencer) is the New York Times best-selling authorBabyfaceJ BoogRenaissance woman - noun - a woman who has acquired profound knowledge or proficiency in more than one field.About The Author And Podcast HostTom Levine, leveraging a 25-year tenure in capital markets, leads Zero Hour Group and Native Angelino Real Estate, offering a suite of consulting, strategic analysis, and real estate services.An alumnus of USC Marshall School of Business and the Claremont Colleges - Pitzer College campus with a term at the London School of Economics. Additionally, he holds a CADRE broker's license (#02052698) and the designation certified Short Sale Specialist under the National Association of Realtors.Have a challenging transaction? Let's discuss. I consult on a range of transaction types and deal structures. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Our guest today is Dr. Shamim Shakibai, Co-Founder and CEO of MyPreOp and Founder of Priventa Health medical missions.Episode Notes00:20 - Introduction05:30 - Dr. House and the Hospitalist12:15 - Dragon software and AI 21:45 - MyPreOp33:20 - Medical Missions41:30 - Priventa Health49:15 - Thoughts on the U.S.51:20 - Solutions 53:30 - What to do to Improve Your HealthWhat Is MyPreOp?Prior to COVID-19, telemedicine was not a reimbursable expense - under most circumstances. During the pandemic, CMS expanded reimbursement to include virtual care sessions just as for in-person medical visits.A business model of no brick-and-mortar office, streamlined and standardized test protocols, traveling nurses and technicians, and access to the physician via video-based appointment.At MyPreOp, we’ve set out to make the preoperative medical evaluation process simpler, safer, and more convenient. Thanks to telemedicine and virtual medical care, endless time spent in waiting rooms is a thing of the past. We incorporate all of the latest evidence-based guidelines in ensuring your preoperative evaluation is as thorough and comprehensive as possible. We take care of the entire process from A to Z, from arranging home- based testing to delivering your results to your surgeon/proceduralist offices seamlessly.What is Priventa Health?A 501c3 non-profit organization dedicated to increasing primary care access and preventive health care across Central and South America.Piggybacking on the construction of a brand new free school for the people of Colon, El Salvador, we will be treating patients with limited access to care in a multitude of specialties. Gynecology, family practice, internal medicine, and pediatrics will all be represented. Medications will be distributed and some testing will be done free of charge. These healthcare professionals are donating their precious time, energy and focus to this effort. In addition, we will also be traveling to a mountainous area of El Salvador with difficult road access near the border of Honduras.Once medical issues are identified, we will develop targeted health education talks to the community using the school as a platform in order to further the goal of prevention of numerous medical illnesses to the benefit of the community. The progress will be tracked carefully, and if successful, will serve as a model for disease prevention that can be distributed throughout the rest of Central and South America.Mentioned on the PodcastAbout The Author And Podcast HostTom Levine, leveraging a 25-year tenure in capital markets, leads Zero Hour Group and Native Angelino Real Estate, offering a suite of consulting, strategic analysis, and real estate services.An alumnus of USC Marshall School of Business and the Claremont Colleges - Pitzer College campus with a term at the London School of Economics. Additionally, he holds a CADRE broker's license (#02052698) and the designation certified Short Sale Specialist under the National Association of Realtors.Have a challenging transaction? Let's discuss. I consult on a range of transaction types and deal structures. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Consider the impact of mobilizing a love for music, Big Data, and community engagement to increase voter registration and turnout.Meet Emily White, a Founder of Collective Entertainment and the #iVoted Concerts and Festivals:A passionate advocate on behalf of democracy, committed to increasing new voter registration and civic engagement.#iVoted is a non-partisan 501(c)3 non-profit founded by entrepreneur Emily White, Mike Luba, and Pat Sansone of Wilco / The Autumn Defense. #iVoted increases voter turnout by producing record-breaking events & activating entertainment venues to let fans in who show a selfie from outside their polling place or at home with a blank & unmarked ballot.Cracking The Code - From Music Venue to Voting BoothShe has cracked the code - demographics and micro-targeting of music fans which pairs nicely with micro-targeting of voters and political engagement efforts. Emily is a Visiting Fellow at Johns Hopkins and a planning committee member of the 2024 Elijah E. Cummings Democracy & Freedom Festival.The Musicians Roadmap In 2020, the first edition of How to Build A Sustainable Music Career and Collect All Revenue Streams was published in conjunction with a podcast. The methods and techniques described have received widespread acclaim.Episode Notes00:30 - Introduction02:25 - Who is Emily White?05:15 - Grandma and Grandpa White - Swimming and Special Olympics07:20 - History of #iVoted16:30 - Living Above the Politics - Elijah E. Cummings Democracy and Freedom Festival23:25 - How To Build A Sustainable Music Career26:20 - Mining Revenue from Big Data29:30 - Prince - Musical Genius and Entrepreneur33:35 - Your Website, Pre-Orders and Bundles38:05 - A Billion Streams39:50 - The Living Wage for Musicians Act48:40 - Know Your Numbers and Your Art53:05 - Top Trending Artists - Not Who You Think59:00 - Blockchain, AI, IP, and Smart Contracts1:01:05 - The Cellist with 1 million followersMentioned in the EpisodeWe discuss streaming revenue and the range of payment per stream. As an example, Taylor Swift was mentioned and the proper estimate of 2023 revenue is $100mm on 26.1 billion streams. That’s a very big number and a minor correction to comments made during our discussion.WebsitesbeatBread - “Own your music, fund your career.”bandcamp - “an online record store and music community”PodcastsSports ManagementOlympic medalists Anthony Ervin and Jay LitherlandMusicZoe Keating, The Dresden Dolls, Amanda Palmer, Noel Gallagher, Kinto Soul, Certified TrapperVenueNo Studios , interior design by Everick BrownPhoto of Emily White - Credit: Adrian Buckmaster About The Podcast HostTom Levine, leveraging a 25-year tenure in capital markets, leads Zero Hour Group and Native Angelino Real Estate, offering a suite of consulting, strategic analysis, and real estate services.An alumnus of USC Marshall School of Business and the Claremont Colleges - Pitzer College campus with a term at the London School of Economics. Additionally, he holds a CADRE broker's license (#02052698) and the designation certified Short Sale Specialist under the National Association of Realtors.Have a challenging transaction? Let's discuss. I consult on a range of transaction types and deal structures. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Let's Talk Diabetes and Prevention38 million Americans have diabetes (about 1 in 10).Approximately 98 million American adults -- that's 1 in 3, have prediabetes.More than 80% don't know they have it. The CDC reports that 18% of adolescents have prediabetes, and it's on the rise.Episode Notes00:15 - Who is Lara Al Dandachi?01:12 - Increase in Obesity and Diabetes03:40 - Type 1 vs Type 205:30 - Body Mass Index (BMI)07:10 - GLP-1 Antagonists - Ozempic, Wegovy11:38 - Ozempic and Pregnancy14:35 - IMPORTANT - Diabetes and Prediabetes16:45 - What are Beta Cells?22:35 - Food and Drink to Eliminate From Your Diet24:15 - Ultra-Processed Foods26:45 - Mediterranean Diet28:05 - Putting Diabetes into RemissionWhat Is Prediabetes?Prediabetes is a serious health condition. Blood sugar levels are higher than normal, but not yet high enough to be diagnosed as type 2 diabetes. With prediabetes, action is the best medicine.American Diabetes AssociationWhat is Diabetes?About 38 million Americans have diabetes (about 1 in 10), and approximately 90-95% have type 2 diabetes. Type 2 diabetes most often develops in people over age 45, but more and more children, teens, and young adults are also developing it.Preventing Type 2 DiabetesIf you have prediabetes, losing a small amount of weight if you're overweight and getting regular physical activity can lower your risk for developing type 2 diabetes.A small amount of weight loss means around 5% to 7% of your body weight, just 10 to 14 pounds for a 200-pound person.Regular physical activity means getting at least 150 minutes a week of brisk walking or a similar activity. That's just 30 minutes a day, five days a week.Tests for Diabetes and PrediabetesYour doctor will have you take one or more of the following blood tests to confirm the diagnosis:A1C TestThe A1C test measures your average blood sugar level over the past 3 months. An A1C below 5.7% is normal, between 5.7 and 6.4% indicates you have prediabetes, and greater than 6.5% indicates you have diabetes.Fasting Blood Sugar TestThis measures your blood sugar after an overnight fast (not eating). A fasting blood sugar level of 99 mg/dL or lower is normal, 100 to 125 mg/dL indicates you have prediabetes, and greater than 126 mg/dL indicates you have diabetes.GLP-1 Antagonists - Ozempic, Wegovy, Byetta, RybelsusThis class of drugs is commonly called glucagon-like peptide 1 (GLP-1) agonists.These drugs mimic the action of a hormone called glucagon-like peptide 1. When blood sugar levels start to rise after someone eats, these drugs stimulate the body to produce more insulin. The extra insulin helps lower blood sugar levels.Lower blood sugar levels are helpful for controlling type 2 diabetes. But it's not clear how the GLP-1 drugs lead to weight loss. Doctors do know that GLP-1s appear to help curb hunger. These drugs also slow the movement of food from the stomach into the small intestine.As a result, you may feel full faster and longer, so you eat less.Along with helping to control blood sugar and boost weight loss, GLP-1s and SGLT-2 inhibitors seem to have other major benefits. Research has found that some drugs in these groups may lower the risk of heart disease, such as heart failure, stroke and kidney disease. Source: The Mayo ClinicGuest Biography - Lara Al-DandachiLara Al-Dandachi is the Nutrition Director of the PRO (Program to Reduce Obesity) within the Division of Endocrinology at David Geffen School of Medicine and UCLA Health. Lara is a Registered Dietitian Nutritionist (RDN), Certified Diabetes Educator, and Obesity specialist who cares for patients in UCLA Health's Gonda Diabetes Center.She is one of very few Registered Dietitians in the nation who are triple board certified in diabetes care specialty CDCES, advanced diabetes management BC-ADM, and obesity and weight management subspecialty (CSOWM).Medical Board CertificationsAmerican Association of Diabetes Educators, 2016National Certification Board for Diabetes Educators, 2015Blackburn, Obesity Medicine, Harvard Medical School DegreesMPH, Loma Linda School of Allied Health, 2003BS in Nutrition & Dietetic, American University of Beirut About The Podcast HostTom Levine, leveraging a 25-year tenure in capital markets, leads Zero Hour Group and Native Angelino Real Estate, offering a suite of consulting, strategic analysis, and real estate services.An alumnus of USC Marshall School of Business and the Claremont Colleges - Pitzer College campus with a term at the London School of Economics. Additionally, he holds a CADRE broker's license (#02052698) and the designation certified Short Sale Specialist under the National Association of Realtors.Have a challenging transaction? Let's discuss. I consult on a range of transaction types and deal structures. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Annie Logue joins the Native Angelino Podcast with Tom LevineListen now | Annie Logue From Wall Street to Author of Day Trading For Dummies | Stories of Henry Blodget’s fall, Liar's Poker, and tips for freelance writers.Stories and Advice for Aspiring FreelancersAnn Logue (rhymes with vogue) started her career as a Wall Street financial analyst covering the healthcare sector. She followed a traditional path - undergrad studied economics, earned an MBA in finance, and joined an investment bank. Then, an awakening and a career change.She is now a full-time freelance writer of six books and hundreds of articles.She regularly shares her witty thoughts on The Whatever Years (Substack).We have known each other for decades and reminisce on the ‘old days,’ including stories of WIRED Magazine, Henry Blodget’s fall from grace and reemergence at Business Insider, and the early days of the internet (Netcom, Netscape, Drugstore.com), and the dot-com bubble.Her list of ‘must have’ books for every aspiring Wall Street trainee is in the notes below. Hint: Michael Lewis’s Liar’s Poker is at the top.What is her favorite bookstore? Unabridged Bookstore in Chicago, IL.Table Of Contents00:25 From Wall Street to Author of 6 books7:30 Day Trading for Dummies11:30 Visions of Becoming a WIRED staff writer12:50 Her First Paid Clip - the New York Times16:15 Liar’s Poker and Other Books to Have on Your Shelf17:00 Salomon Brothers20:30 Disruption - Publishing Industry, Real Estate, Wall St26:30 Cost of Education40:40 Advice on Starting A Freelance Writing Career44:25 Writing Advice - Practical Tips53:04 Henry Blodget1:02:10 Annie’s Favorite Bookstore1:03 My Netcom (NETC) Story This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Joining the Native Angelino Podcast from Kyoto, Japan, Professor Linus Yamane speaks eloquently about the lessons the United States can learn from the Japanese economy. Heavy government debt levels restrain the ability of policymakers to correct problems even in light of obvious trends. An aging population, a declining population, increasing wealth disparity and education inequality pressure the social security system. What policy prescriptions are available to ensure the proper functioning and availability of the system for future generations? He correctly predicts (1:08 min) the interest rate hike by the Japan’s central bank. The first rise in 17 years and a major policy shift. The social security system is analyzed at the 17:35 mark.Update Bloomberg, Weekend Reading, March 23, 2024It was a big week for central banks, replete with surprises, told-you-so’s and new projections about where monetary policy is headed the world over. The Swiss National Bank, citing progress on inflation, became the first among global peers to cut interest rates… …the Bank of Japan ended its negative interest rate regime, the world’s last. The radical policymaking tool had been adopted to encourage bank lending, spur demand and stem disinflation. In the US, the Federal Reserve kept rates unchanged at 5.25% to 5.5% as policymakers maintained their projections for three rate cuts this year if inflation continues its retreat. But after a couple of bumps on the path back to 2%, there’s a chance the Fed could drop one of those cuts. Bio: Professor Yamane is a Professor of Economics at Pitzer College in Claremont, California. He joined the Pitzer faculty in 1988, and is currently on sabbatical (2023-2024). His research interests include the Japanese Economy, Labor Economics, Econometrics and Macroeconomics. He attended Yale University (MA, MPhil, PhD)and the Massachusetts Institute of Technology (BS).Additional EpisodesThe Proposed Sitzer-Burnett SettlementIs Compass just Redfin on Steroids?The Race Between Education and TechnologyAbout The Author And Podcast Host Tom LevineTom Levine is an LA native and graduate of USC Marshall School of Business, the Claremont Colleges, and spent a term at the London School of Economics.Following a 25 year career in capital markets, he founded Zero Hour Group in 2014. The Los Angeles, California-based firm provides consulting, strategic analysis, valuation and real estate services. Serving individuals, family offices, institutions and professional investors.“We solve complex problems. Have a difficult strategic issue, or a real estate sale that requires fresh ideas? Please schedule a a consultation”.Native Angelino Real Estate, established 2017, for residential, commercial and investment related transactions. Tom Levine is real estate consultant, broker and certified Short Sale and Forclosure specialist under the National Association of Realtors. (CADRE #2052698)The Native Angelino Podcast is underwritten and produced in conjunction with the Zero Hour Group.“From a vantage point within sight of the Hollywood Sign, seated beneath a palm tree, Tom Levine takes you on a twisted, exploratory tour of popular thought, the upside-down theories of classical economics, politics, and other strange things.Tom talks all things Los Angeles, bright new ideas, and complex topics of interest to creative thinkers and discerning skeptics.L.A. locals state with pride, "You can surf in the morning and ski in the afternoon." Well, if you get a really early start, it's true. Sometimes.Los Angeles is the City of the Angels, and Tom Levine is a Native Angelino. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Almost a year ago, New York Community Bank (NYSE: NYCB) acquired Signature Bank's assets as a fresh banking crisis had emerged almost overnight. The fallout from the failure of Silicon Valley Bank wreaked havoc on financial markets and raised fears of a 2008 scenario.Over the past week, those fears have again come to life. NYCB issued a dismal earnings report, followed by a set of questionable disclosures. The stock tumbled, and commercial real estate values are again in question.With more write-offs and loan losses surely to come, why are many of the S&P Real Estate Sector fund components showing signs of life and stock price momentum? We pose this question to our guest, Katie Stockton, of Fairlead Funds.Fairlead recently added The Real Estate Select Sector SPDR Fund (XLRE) to their portfolio based on proprietary research utilizing technical analysis. Mortgage rates, which were in the 2-3% range during Covid, have recently retreated from the eight percent level and are bouncing between 6.5 and 7%.The stock market has reached new highs, unemployment is low, and job creation is strong. What comes next?What would John Bogle, founder of Vanguard Funds, comment if he were alive today? Would he continue to advocate for long-term investing in low-cost index-related funds? Yes.What does our guest, Katie Stockton, a Chartered Market Technician, have to say about current market conditions? Let's find out. Technical analysis is a methodology using charts and trends for forecasting the direction of prices through the study of past market data, primarily price and volume. Additionally, momentum and relative strength.1Fundamental analysis, in accounting and finance, is the analysis of a business's financial statements (usually to analyze the business's assets, liabilities and earnings); health; and competitors and markets.2GuestKatie Stockton, CMT is Founder and Managing Partner of Fairlead Strategies, LLC, an independent research firm and investment advisor focused on technical analysis. Prior to forming Fairlead Strategies, Katie spent more than 20 years on Wall Street providing technical research and advice to institutional investors. Most recently, she served as Chief Technical Strategist for BTIG and Chief Market Technician at MKM Partners. She also worked for technical strategy teams at Morgan Stanley and Wit Soundview.CNBC Fast Money, January 24, 2024With help from the Fairlead Strategies team, Katie provides research and consulting services to institutions and individuals, and she is the portfolio manager for the Fairlead Tactical Sector ETF (TACK). Katie received her Chartered Market Technician (CMT®) designation in 2001, and later served as Vice President of the CMT Association from 2012 to 2016. For several years, she has been honored by The Technical Analyst, a U.K. based publication, including an award in 2022 for Best Cryptocurrency Research.Katie graduated with honors from the University of Richmond with a BSBA, and she now serves on the business school’s Executive Advisory Council. She is a member of the Endowment Investment Committee for her church. Katie frequently shares her views on CNBC and other financial news networks.Jack BogleCNBC, Cramer, Obit, Jack Bogle was despised and he loved itJack Bogle Shares the Investment Lessons of a LifetimeJohn Bogle wikipediaJohn Bogle remarks to CFA Institute, May 23, 2017John Bogle advice About The Author And Podcast Host Tom LevineTom Levine is a Native Angelino and graduate of USC Marshall School of Business, the Claremont Colleges, and spent a term at the London School of Economics. Following a 25 year career in capital markets, Tom Levine founded Zero Hour Group in 2014. The Los Angeles, California-based firm provides consulting, strategic analysis, valuation and real estate services. Serving individuals, family offices, institutions and professional investors.Native Angelino Real Estate, established 2017, for residential, commercial and investment related transactions. Additionally, he is a broker and certified Short Sale and Forclosure specialist under the National Association of Realtors. (CADRE #2052698)The Native Angelino Podcast is underwritten and produced in conjunction with the Zero Hour Group, 1929 and Native Angelino Real Estate, and associated real estate assets.Native Angelino description found on iTunes:“From a vantage point within sight of the Hollywood Sign, seated beneath a palm tree, Tom Levine takes you on a twisted, exploratory tour of popular thought, the upside-down theories of classical economics, politics, and other strange things.Tom talks all things Los Angeles, bright new ideas, and complex topics of interest to creative thinkers and discerning skeptics.L.A. locals state with pride, "You can surf in the morning and ski in the afternoon." Well, if you get a really early start, it's true. Sometimes.Los Angeles is the City of the Angels, and Tom Levine is a Native Angelino.Neither the author, nor Native Angelino/1929, is a registered investment, legal or tax advisor or a broker / dealer. All investment/ financial opinions expressed here are from the personal research, experience, and opinions of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate, occasionally unintended errors and misprints may occur. Do your Own Research please. Our content is for informational purposes only. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

In this episode, we review the state of the U.S stock market from the perspective of charts and trends —— technical analysis.Our guest, Katie Stockton of Fairlead Strategies, is one of the most talented and respected technical analysts working in financial markets.She will mention the term “Fibonacci retracement,” which is a tool derived from an Italian mathematician’s work in 1202 and first discovered by Indian scholars in 200 BC.The pattern can be found many places in nature, such as in the spiral of a pine cone, the arrangement of seeds in a sunflower, the branching of a tree, the shape of a seashell, and even in a DNA molecule.With Katie as portfolio manager, Fairlead has recently launched a “Tactical Sector ETF” under the symbol TACK. Fairlead Strategies employs a systematic approach to technical analysis focused on the identification of important trends and support & resistance levels. Mathematically based tools facilitate tactical market timing and positioning.Technical analysis is a methodology using charts and trends for forecasting the direction of prices through the study of past market data, primarily price and volume. Additionally, momentum and relative strength.Fundamental analysis, in accounting and finance, is the analysis of a business's financial statements (usually to analyze the business's assets, liabilities and earnings); health; and competitors and markets.Katie Stockton, CMT is Founder and Managing Partner of Fairlead Strategies, LLC, an independent research firm and investment advisor focused on technical analysis. Prior to forming Fairlead Strategies, Katie spent more than 20 years on Wall Street providing technical research and advice to institutional investors. Most recently, she served as Chief Technical Strategist for BTIG and Chief Market Technician at MKM Partners. She also worked for technical strategy teams at Morgan Stanley and Wit Soundview. With help from the Fairlead Strategies team, Katie provides research and consulting services to institutions and individuals, and she is the portfolio manager for the Fairlead Tactical Sector ETF (TACK). Katie received her Chartered Market Technician (CMT®) designation in 2001, and later served as Vice President of the CMT Association from 2012 to 2016. For several years, she has been honored by The Technical Analyst, a U.K. based publication, including an award in 2022 for Best Cryptocurrency Research.Katie graduated with honors from the University of Richmond with a BSBA, and she now serves on the business school’s Executive Advisory Council. She is a member of the Endowment Investment Committee for her church. Katie frequently shares her views on CNBC and other financial news networks.About The Author And Podcast HostFollowing a 25 year career in capital markets, Tom Levine founded Zero Hour Group in 2014.The Los Angeles, California-based firm provides consulting, strategic analysis, and real estate services. Services are offered nationwide and across a variety of sectors. The firm's clients range from family offices and high net worth individuals to institutions and professional investors. Real Estate related transactions are brokered through our subsidary firms, Native Angelino Real Estate and WEHO Realtor.Tom Levine is a Native Angelino and graduate of USC Marshall School of Business, the Claremont Colleges, and spent a term at the London School of Economics. Additionally, he is a certified Short Sale Specialist under the National Association of Realtors.PodcastThe Native Angelino Podcast is underwritten and produced in conjunction with the Zero Hour Group, a consulting and strategy firm, parent to 1929, Native Angelino Real Estate, and associated real estate assets.Native Angelino description found on iTunes:“From a vantage point within sight of the Hollywood Sign, seated beneath a palm tree, Tom Levine takes you on a twisted, exploratory tour of popular thought, the upside-down theories of classical economics, politics, and other strange things.Tom talks all things Los Angeles, bright new ideas, and complex topics of interest to creative thinkers and discerning skeptics.L.A. locals state with pride, "You can surf in the morning and ski in the afternoon." Well, if you get a really early start, it's true. Sometimes.Los Angeles is the City of the Angels, and Tom Levine is a Native Angelino. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.1929.live

Cathy Wood is a warrior. Perhaps with the wrong battle plan.She is a general - intelligent, seasoned, and committed to the cause. Yet, a war of attrition only works if the army (in this case, her investors) have the staying power for prolonged battles with an unknown endpoint.She catches falling knifes, averages down, and counts on her investors having unlimited patience and staying power.To catch a falling knife is a phrase used to describe buying a stock that is falling dramatically in hopes of picking the bottom. It is a risky investment strategy, often akin to gambling. The danger in trying to catch a falling knife is that the stock will continue to drop. The phrase is a metaphor - literally, you may get cut and bloodied trying to catch a falling knife. If one buys a share of stock at $100 and it falls by 50% to $50, it must go up by 100% to reach the breakeven point. Think through that.The Ark Invest Management flagship fund, Ark Innovation ETF (symbol: ARKK), is down 51% year to date (YTD) at $47.13 per share. For comparison purposes, the NASDAQ Composite Index is down 22% YTD.Over the trailing 5 year period the NASDAQ is up 100% and ARKK is up 82%.For her strategy to be successful she must be able to hang on through the lows, purchase additional shares on the way down, and have greater inflows of funds than outflows over the time horizon.Averaging down is an investment strategy, which in the extreme is known as “catching a falling knife”, that involves a stock owner purchasing additional shares of a previously initiated investment after the price has dropped. Assuming the stock turns around, this ensures a lower breakeven point for the stock position and higher gains in dollar terms (compared to the gains if the position was not averaged down).1To reiterate the key elements to a successful strategy of averaging down:* The investor has the funds for additional purchases.* The stock eventually turns around and moves higher.* The investment horizon is long enough to wait for the turnaround.Currently, roughly 50% of S&P 500 stocks are down at least 50% from their highs. Many stocks in the NASDAQ and smaller capitalization indices are down far more.It is not uncommon for a bottom to occur when 70% of all stocks are down 50% or more. We are not there yet.From a technical standpoint, the S&P 500 has retested the +/- 4160 level numerous times. Currently, 4132 and facing the headwinds of inflation, rising interest rates, and war in Europe. Have we seen the bottom, such that the Ark Invest (Cathy Wood) strategy will prove successful? Bear market rallies will occur, but I suspect we have not yet seen the bottom.It’s possible to win the war, but be prepared for battle weariness and uncertainty.Cathie Wood buys stocks like someone who just started yesterday, says Jim CramerCramers comments were aired on February 17, 2022 and are worth watching again. He is not shy of hyperbole nor controversy. Yet, this time he outlines clearly a professional money managers required skillset and where Cathy Wood falls short.Charlie Munger and Warren Buffett describe the current market mania“People who know nothing about stocks being advised by stockbrokers who know even less”, April 30, 2022.Mohamed El-Erian updates thoughts on the interest rate environment - April 29, 2022Today, yields on Treasury Bonds at the 5, 10 and 30 year maturity breached 3%. It is as much a psychological barrier as a practical one given that 30 year mortgage rates are above 5% already. The probability of recession is increasing. The only real questions left are when will the economy slow significantly, how bad will it be, and for how long will it last.The Federal Open Market Committee will meet this week and is widely expected to increase interest rates by 1/2% (50 basis points). My instinct puts the probability of a 50bps rise at 60%, 25bps at 20% or 75bps at 20%.About The Author And Podcast HostFollowing a 25 year career in capital markets, Tom Levine founded Zero Hour Group in 2014.The Los Angeles, California-based firm provides consulting, strategic analysis, and real estate services. Services are offered nationwide and across a variety of sectors. The firm's clients range from family offices and high net worth individuals to institutions and professional investors. Real Estate related transactions are brokered through our subsidary firms, Native Angelino Real Estate and WEHO Realtor.Tom Levine is a Native Angelino and graduate of USC Marshall School of Business, the Claremont Colleges, and spent a term at the London School of Economics. Additionally, he is a certified Short Sale Specialist under the National Association of Realtors.PodcastThe Native Angelino Podcast is underwritten and produced in conjunction with the Zero Hour Group, a consulting and strategy firm, parent to 1929, Native Angelino Real Estate, and associated real estate assets.Native Angelino description found on iTunes:“From a vantage point within sight of the Hollywood Sign, seated beneath a palm tree, Tom Levine takes you on a twisted, exploratory tour of popular thought, the upside-down theories of classical economics, politics, and other strange things.Tom talks all things Los Angeles, bright new ideas, and complex topics of interest to creative thinkers and discerning skeptics.L.A. locals state with pride, "You can surf in the morning and ski in the afternoon." Well, if you get a really early start, it's true. Sometimes.Los Angeles is the City of the Angels, and Tom Levine is a Native Angelino. This is a public episode. 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