DiscoverStocks in TranslationThis trader’s ‘most frightening moment’ in 20 years
This trader’s ‘most frightening moment’ in 20 years

This trader’s ‘most frightening moment’ in 20 years

Update: 2024-08-29
Share

Description

Technical analysis is used by some investors to pick what stocks they want to invest in. In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre, along with Yahoo Finance producer Sydnee Fried, sit down with HitTheBid.com Owner Kenny Glick to discuss the volatility index (^VIX), technical analysis, and AI in the trading world.

Glick explains that he is "a short vol trader." With recent VIX moves, Glick says, "I was looking death in the eye… but I also knew that it's always a temporary moment." "It was the most frightening moment I've had in 20 years."

“People will buy into the VIX when they think there’s something going to happen bad,” Glick notes.

On technical analysis, Glick says, "I think technicals are everything... that’s what's great about it… it takes the story out of the equation." "The stories are always a catalyst. That's why I love earnings season because that's when you have the biggest catalysts and you have these disasters."

As the question of AI's use in the trading world continues to grow, Glick explains that "we are sort of using [AI] already because algorithms are using AI… and we're focusing on the technical trading and there's AI doing that trading already so in theory we are AI traders already." "This AI… it's not going anywhere," Glick adds.

Find more episodes of Stocks in Translation here.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Yahoo Finance's Stocks In Translation is hosted by Jared Blikre and produced by John Tejada and Alexander Frangeskides.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

This trader’s ‘most frightening moment’ in 20 years

This trader’s ‘most frightening moment’ in 20 years

Yahoo Finance