On Michael Covel's show, Chris Kacher and Gil Morales talk about the Fiscal Cliff, what's wrong with quantitative easing, why you cannot ignore stocks when they gap up, and how the trend is your friend. They speak about the OWL system of investing, and how they were influenced by O'Neil, Wycoff and Livermore as investment strategists.
In The News
Gil Morales talks about his experience in the 1990s working in the office with Bill O'Neil and his personal experience with the ups and downs of investing in the market for the last two decades. Discussed Apple, gold, the debt ceiling, and other elements in the economy that would affect investors today.
In their bestselling book, "Trade Like an O’Neil Disciple," Gil Morales and Dr. Chris Kacher described their experiences working side-by-side with market legend William O’Neil and how they made a fortune using his original stock trading strategies. Now, in a book that is sure to become a trader’s classic, Morales and Kacher arm you with a set of proven techniques and trading strategies, that can only be described as a quantum leap in the evolution of the O’Neil model and the CANSLIM approach to stock trading.
Read the press release here.
In this recent Q&A, Gil Morales and Dr. Chris Kacher discuss their new book In the Trading Cockpit with the O'Neil Disciples, the trading style of William O'Neil, their seven-week rule for selling, and their short-selling strategies.
Chris Kacher & Gil Morales talk about pocket pivots and buyable gap ups.
Dr. Chris Kacher talks about his investing methodology, emphasizing the importance of developing a sell discipline and that "Learning how to buy right is not as challenging as learning how to sell right". He discusses the Seven-Week Rule which can help prevent selling a stock prematurely.
'In The Trading Cockpit With The O'Neil Disciples'
Read the review here.
Gil Morales argues that Apple has reached the end of its life-cycle and that over the past year, there has been a steady exodus of mutual funds and other institutional investors out of the stock. He talks about the danger of trying to rationalize that the stock is cheap - it's the price/volume action which tells you everything you need to know.