Location: All meetings, unless otherwise noted, are held at the Elks Lodge, 375 N Pastoria, Sunnyvale, CA (http://tinyurl.com/ElksLodgeSunnyvale)
Trading with Money Flow - Macro and Micro – Steve Godwin
The thesis of this presentation is that stock market prices are a direct response to monies moving into or out of an asset class. Monitoring the flow of money into and out of asset classes or stocks can give predictability to apparent random price movement. Additionally, the identity of money principals (who) and what motivates them (why) can enhance trend predictability and alert one to trend changes.
Steve uses domestic and international money flows (macro) to identify the major stake holders and the major trends. He focuses strongly on sideline money available for domestic stock markets. Steve will shares his favorite money flow (micro) technical indicator for trading equities.
About our Speaker
Steve Godwin was a former portfolio strategist for SIMS, an index-based series of portfolio strategies. He held licenses as a Registered Investment Adviser and General Securities Principal and was registered in the securities business from 1995- 2016. He teaches short courses and lectures at various investment venues in the San Francisco Bay Area. For 20 years he has taught adult education classes on identifying the smoke and mirrors of Wall Street, technical analysis, and macroeconomics as they pertain to the stock market. In 2014 he authored his first book on the stock market entitled "Protecting Your Money in the Stock Market." Prior to SIMS, Steve was an IBM engineer with Bachelor of Science and Master of Science degrees in Material Science and Metallurgical Engineering.