JC Parets, who holds a Chartered Market Technician (CMT) designation, is the founder of All Star Charts and is one of the most widely followed Technical Analysts in the world. All Star Charts is a research platform for both professional and retail investors covering US and International stocks, interest rates, commodities and forex markets.
JC’s work has been featured regularly on Bloomberg, CNBC, Fox Business, ABC, CNN, Wall Street Journal and many other financial media outlets around the world. You will often see JC as a speaker at some of the top investing conferences; he has also been invited to speak at Harvard, Duke, NYU, University of Chicago and Hong Kong Baptist University, among other institutions, about Technical Analysis and Behavioral Finance. JC specializes in finding the most opportunistic risk vs reward propositions while at the same time bringing a top/down approach to the marketplace whose wide spectrum is rivaled by few.
In 2017, JC launched Technical Analysis Radio, a podcast dedicated to Technical Analysis and the Technicians who practice it.
When he is not looking at charts, JC enjoys playing and watching sports, good food and good wine. He splits time between New York City, Miami and Sonoma Valley but also does his best to travel the world speaking to investors from different cultures always striving to become a wiser investor.
Most of us somehow know people who still consume basic cable television news.
It's like watching someone who's obese shop at the grocery store, buying all their cereal and "fat free" cookies. It's terrible.
It's like seeing the alcoholic walk into the bar at noon and the bartender automatically knows to serve him the regular 2 shots and a beer.
The cable news people are the bartenders giving you the poison that you desire, at the worst possible time that they could possibly serve it to you.
It's like walking into a casino in Reno, NV to see people who have no money, are in terrible health, and have no business being inside a casino, sitting there all afternoon putting money into slot machines.
This is what the sick individuals who still consume basic cable news are doing to themselves.
It's sad to watch them struggle so much and slowly kill themselves. You may not see it easily on the outside, but their souls are dying or already dead on the inside.
The good news is there are fewer and fewer of these suffering individuals left who are still poisoning themselves in these antiquated ways.
Did you notice that the journalists are catching on to these trends that have been in place for so long?
And not just any journalists. The most reliable contrarian indicators in the history of financial publications are telling you that the U.S. is the Envy of the World and they expect it to keep going - even after a decade and a half of this...
Here's the exact quote:
"The American economy has left other rich countries in the dust. Expect that to continue" - The Economist
