Full Signal

Jay Woods is the chief market strategist at Freedom Capital Markets and he’s worked on the floor of the New York Stock Exchange for three decades as a trader and market maker. He joined Phil Rosen on Full Signal to break down the AI trade, sectors to bet on for 2026, macro risks, the Federal Reserve, and the disconnect between asset prices and the real economy.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - Intro0:30 - AI trade and rotation6:19 - Magnificent 7 turned Lag 78:25 - Dot-com bubble parallels12:09 - Public & Generated Assets13:37 - Sentiment impact on prices14:14 - Opportunities outside tech18:14 - Macro outlook and risks21:21 - Unstoppable bull run23:23 - Trading through tariffs25:30 - Federal Reserve outlook30:52 - Inflation and consumer spending33:01 - Stocks are not the economy35:43 - Sectors for 202640:00 - Hard to be bearishDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #federalreserve

Eric Jackson is the founder of EMJ Capital and specializes in finding "100 bagger" stocks. He's spearheaded the retail investor-driven movement behind companies like OpenDoor and Carvana. He joined Phil Rosen to discuss where he's deploying capital in public markets today, his thesis for bitcoin hitting $50 million by 2041, the AI revolution, and the stocks he likes best right now.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - IntroDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Katie Stockton is the founder of Fairlead Strategies and the leading technical strategist on Wall Street. She joined Phil Rosen on Full Signal to discuss bearish near-term indicators, the AI trade and comparisons to the dot-com bubble, S&P 500 sector rotations, bitcoin’s correction, and what technical indicators say about stocks. Katie also manages the Fairlead Tactical Sector ETF (TACK), which has $275 million AUM.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - Intro0:25 - Bearish near-term signal3:20 - Technical indicators4:27 - Sector rotations5:77 - Opportunity in healthcare7:22 - Tech-heavy market9:15 - Dot-com comparisons11:43 - MACD Indicator16:50 - Seasonality trends19:00 - Nvidia and AI trade21:25 - Retail buying the dip23:00 - Bitcoin correction26:00 - Fairlead’s TACK ETF31:50 - Follow Katie#podcast #investing #markets #macro #stocks #bitcoin #fed

Dan Ives is the leading analyst in the world for technology stocks and he manages the IVES Wedbush AI Revolution ETF. He joined Phil Rosen to discuss the demand story driving AI, what Wall Street doesn't understand, visits to chip factories in Asia, specific stock picks he likes now, and why the bears are so wrong on tech.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - Intro0:25 - 1996 moment for AI1:34 - Chip factories in Asia3:15 - Warning to bears5:11 - Picking AI stocks7:16 - It's still early for AI9:25 - Palantir11:45 - Circular financing and risks14:48 - Dot-com parallels17:55 - Google 20:23 - Building views on stocks23:37 - Dan's highest conviction picks24:30 - Microsoft and OpenAI 27:18 - Eightco and Worldcoin#podcast #investing #markets #macro #stocks #bitcoin #fed

Douglas Boneparth is the President of Bone Fide Wealth and one of the most influential financial advisors in the country. He joined Phil Rosen to discuss the AI trade, the latest tech sell-off, mining bitcoin in 2013, and his new book, "Money Together."Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Watch on YouTube: https://youtu.be/MV-Y4JStuKYTIMESTAMPS: 0:00 - Intro0:32 - Falling tech stocks2:10 - Is the bubble popping?4:40 - AI-fueled productivity6:34 - AI circular financing8:29 - Outdated valuation metrics10:34 - Hidden risks in the market13:29 - Clients navigating volatility 17:12 - Boring investments20:36 - Bitcoin mining in 201325:19 - Bitcoin allocations 26:49 - New book, "Money Together"33:12 - Follow Doug online#podcast #investing #markets #macro #stocks #bitcoin #fed

Sam Ro is a veteran financial writer and analyst who writes TKer, an award-winning newsletter about the stock market. He joined Phil Rosen to discuss the K-shaped economy, stock valuations, dot-com comparisons, mismatched sentiment and more.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - Intro0:27 - K-shape economy3:21 - Investors vs. non-investors5:36 - Wealth effect and sentiment9:40 - Investors aren't complaining10:45 - Consumers keep spending14:23 - AI vs. dot-com bubble20:52 - Valuations at dot-com levels26:03 - AI earnings dominance#podcast #investing #markets #macro #stocks #bitcoin #fed

Sonali Basak is the chief investment strategist at iCapital. She joined Phil Rosen on Full Signal to discuss the acceleration of the AI trade, risks in Big Tech's spending ambitions, the K-shaped economy, opportunities in private markets and more.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - Intro0:23 - Rethinking AI trade2:32 - Leverage and debt in AI boom6:17 - Michael Burry, market sentiment8:22 - Dot-com vs. AI comparisons11:11 - Rotation out of tech?13:47 - Hidden opportunities in market15:29 - Private markets 18:20 - AI is still early19:34 - AI impact on K-Shape economy22:43 - Uncertainty in jobs24:30 - Geopolitics in AI race26:38 - Under-appreciated risks#podcast #investing #markets #macro #stocks #bitcoin #fed

Kevin Gordon is the head of macro research and strategy at Charles Schwab's Center for Financial Research. He joined Phil Rosen on Full Signal to discuss the top-heavy bull market, comparisons to the dot-com bubble, the K-shaped economy, signals from alternative economic data, and more.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/Follow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Watch on YouTube: https://youtu.be/vxdPVSIo_HETIMESTAMPS: 0:00 - Intro0:27 - Concentration in stock market3:33 - Top-heavy market as 'new normal'5:40 - AI vs. dot-com bubble9:43 - AI driving layoffs13:46 - White-collar recession17:12 - How Kevin uses AI at Schwab18:32 - Alternative job market data21:24 - Labor market cycles23:27 - Economists have been wrong all year26:08 - Vibecession vs. vibepression29:00 - K-shaped economy33:36 - Fed rate cuts36:13 - Where stocks go in 2026 #podcast #investing #markets #macro #stocks #bitcoin #fed

Todd Sohn is an ETF strategist across the research and asset management teams at Strategas, and he's previously held roles at JPMorgan and SAC Capital Advisors. He joined Phil Rosen on Full Signal to discuss the outlook for stocks, AI vs. dot-com, how investors are seeking more leverage, the historic year for ETF inflows and more.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/Follow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/#podcast #investing #markets #macro #stocks #bitcoin #fed

Ryan Detrick is the chief market strategist at Carson Group. In this episode of Full Signal, we discuss his highly optimistic outlook on stocks, the resilience of the market despite recession signals, the "most hated bull market," the Federal Reserve, AI versus dot-com bubble, the K-shaped economy, gold, and forecasts into next year.Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/Follow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps: 0:00 - Intro0:30 - Why Ryan's optimistic on stocks3:24 - The bull market is in every country7:00 - Why it's the "most hated bull market"13:36- AI boom vs. dot-com era18:38 - Current sentiment & consumer behavior19:08 - Breaking records in asset prices19:21 - Wealth disparity and K-Shaped economy20:13 - Household and corporate balance sheets20:46 - Leverage and market rotation23:58 - AI impacting job market26:33 - Fed rate cuts31:35 - Political gridlock in Washington

Mike Green, chief strategist of the $11 billion firm Simplify Asset Management, joins Phil Rosen for the first episode of Full Signal. We discuss the biggest risks in today’s market, how passive investing is fueling an "everything bubble" and driving asset prices above their fair value, hidden economic issues, why Bitcoin isn't what you think it is, and the parallels between the AI boom and dot-com bubble. Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/Follow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/0:00 - Intro0:27 - The biggest risks in markets1:17 - Passive investing is inflating asset prices3:34 - What's the tipping point to the passive investing bubble?8:50 - Rising earnings are masking weakness13:30 - AI vs. the dot-com bubble15:03 - The role of 401(k)s in the "everything bubble"25:46 - Bitcoin criticisms30:35 - Conclusion#podcast #investing #markets #macro #stocks #bitcoin #fed

Full Signal is a new markets show hosted by Phil Rosen, co-founder of Opening Bell Daily. Full Signal will feature in-depth interviews with leading investors, Wall Street strategists and executives, along with original data, commentary and Opening Bell Daily’s signature data visualizations.