TheStreet Pro Portfolio Podcast

TheStreet Pro Podcast #74 - Let’s Rock with Ed Ponsi

On this episode of TheStreet Pro Podcast, Chris Versace sits down with Street Pro contributor Ed Ponsi [https://pro.thestreet.com/author/ed-ponsi], who is also the managing director of Barchetta Capital Management, and the president of FXEducator. The conversation starts with the beginning of Ed’s investing career and his eventual move into equity trading. The two differentiate between investing and trading, using GameStop (GME) [https://pro.thestreet.com/trade-ideas/the-case-for-gamestop] as an example. Ed also uses GameStop shares to explain his trading game plan for the shares, using it as an example of why risk management is imperative. The two also discuss expectations and potential outcomes for tomorrow’s Fed meeting, and Ed shares the one thing that folks need to remember when examining charts. We close out the conversation with Ed sharing some of the famous rock musicians that he and his guitar have jammed with.

TheStreet Pro Podcast #73 - Bob Lang, the S&P 500, market breadth, and Q&A

On this edition of TheStreet Pro Podcast, Chris Versace is joined by the person responsible for the technical look at the Portfolio and the market, Bob Lang. Their conversation starts with the April Retail Sales and Consumer Price Index reports but then morphs into a discussion of market breadth and why the S&P 500 could reach 5,500-5,600 in the coming weeks. Bob explains how he looks at market breadth as well as shares a few of the indicators, like the McClellan Oscillator, that he closely watches. The two tackle the Wall Street saying “Sell in May and Go Away”, discussing why that could be different this year. We also get Bob’s answers to some member questions plucked from the Forum.

EP #72 Talking all things oil with Ed Kovalik, Chairman and CEO of Prairie Operating

On this episode, Ed Kovalik, Chairman and CEO [https://investors.prairieopco.com/governance/leadership], of Prairie Operating Co (PROP) returns to TheStreet Pro Podcast. The conversation with Chris Versace kicks off with an update on Prairie over the last few months, including its pending acquisition of Nickel Road Operating (NRO) which will put the company on the path to having 30 wells in operation by the end of 2024 and another 45 exiting 2025. Ed also shares more on Prairie’s medium to longer-term operating plan, including how the company intends to eventually reward shareholders, and why its lack of balance sheet leverage gives it an edge. Ed also discusses the long-term demand opportunity with fossil fuels because of growing power demands due to AI, data centers, EV and EV charging, and other factors.

TheStreet Pro Podcast #71 – Lindsey Bell on the Markets and the Goldilocks Economy

On this edition of TheStreet Pro Podcast, Chris Versace is joined by Lindsey Bell, Chief Strategist at 248 Ventures [https://www.lindseybell.me/]. The two start off reminiscing about Lindsey interviewing Chris several years ago when she was at TheStreet, and after sharing her journey to 248 Ventures, the conversation pivots to one about the economy and why Lindsey thinks a Goldilocks economy is emerging. The jobs market and its implications are discussed as well as the housing and manufacturing markets with Lindsey explaining why she is interested in the materials sector. The two agree the upcoming earnings market is likely to be volatile, but as investors periods like that bring opportunity with them.

TheStreet Pro Podcast #70

On this week’s TheStreet Pro Podcast, Chris Versace is joined by Cole Smead, CEO and portfolio manager at Smead Capital Management based in Phoenix, Arizona. Ahead of the March CPI report, the conversation starts with the two discussing their expectations for that report, what it means for Fed policy, and the Fed’s role as a cheerleader for the economy. Cole raises the issue of structural changes in the economy, including the shift in fixed business investment, and why he thinks it means the economy can make do with a higher natural interest rate. The conversation shifts to AI and the CHIPs Act, with Cole sharing why he is wary of diminishing marginal returns for the tech industry. The two discuss how UniCredit (UNCFF) came to be one of the largest holdings at Smead Capital Management and why the team likes Western Alliance Bancorporation (WAL) and Credit Acceptance Corp. (CACC). Other sectors discussed include Energy and Financials, with Cole sharing he sees 30% fewer banks in the coming years. The two also touch on Cole’s co-hosting duties for the “A Book With Legs” podcast. Note: There was a modest technical glitch at the 27-minute mark in the conversation.