On this week's Stansberry Investor Hour, Dan and Corey are joined by Chaikin Analytics
Chief Market Strategist Pete Carmasino. With more than 25 years in the financial-services
industry, Pete is an authority on strategy and technical analysis. He joins the podcast to
share some investing advice, opinions on today's market, and his process for selecting
stocks.

Pete kicks things off by describing his investing style. He notes that he mainly looks at price.
By using technical analysis and studying the fundamentals, trends, and the relative strength
versus the market, he can decipher whether a stock is overbought. (0:21)

Further, Pete talks about the importance of risk management and taking advantage of
tactical moves. He gives investors advice for how to determine when something is a tactical
sell or a tactical buy, discusses the relationship between technicals and fundamentals, and
explains why he looks at both offensive and defensive sectors for investing opportunities.
(5:48)

Pete then details why he's never too bullish or bearish at any given time, plus how the
Chaikin Analytics Power Gauge system helps him find potential winners. He describes his
process for interpreting the signals and discusses the fundamentals he needs to see to be
interested in a stock. (19:40)

Lastly, Pete hammers home the importance of rates – particularly the unemployment rate,
since the Federal Reserve uses it to determine the federal-funds rate. He also shares the top
five subsectors currently and names a few stocks within those sectors that could be worth
keeping an eye on. (31:08)