In episode 88, host Jim Worden, Chief Investment Officer of The Wealth Consulting Group, is joined by JC Parets, CMT, founder of Trend Labs and the creator of All Star Charts, for a wide-ranging conversation on technical analysis and how markets behave. They discuss what technical analysis really measures, how sentiment and positioning fit alongside price, how both of them are using AI as a research tool, and why it helps to pay attention to what a crowded market view might be missing. They also cover how JC watches areas like banks, transportation, and housing as barometers of the broader market, how he thinks about managing risk with more than one strategy, and how advisors can coach clients through every election cycle. - JC Parets explains that technical analysis is the study of how markets behave, and therefore how market participants behave, drawing on price, momentum, and relative strength alongside sentiment and positioning data. - He says what he thinks matters less than what the market is actually doing, and stresses acting on the weight of the evidence rather than a single signal. - JC describes how he points out when a view has become very widely held, noting that crowded sentiment can leave markets vulnerable to the other side of the trade. - JC and Jim Worden both describe using AI as a research partner, including a system JC is building from roughly two decades of his own writing and market commentary, and Jim's use of AI to challenge his own work and catch what he might have missed. - On the AI learning curve, both agree the barrier to entry is lower than many people assume, and that the real work is staying curious and learning how to ask better questions. - The two discuss how heavily major indexes are concentrated in a handful of very large technology companies, and why a seemingly diversified allocation, including emerging markets, can still carry concentrated exposure. - JC explains why he watches areas such as banks, transportation, and housing-related companies as barometers of the broader economy and market. - On risk, JC says he focuses on what he can control, mainly how much risk he takes, and describes running several strategies that behave differently from one another to help manage portfolio volatility. - Jim shares how advisors coach clients through the recurring election-year urge to make big moves, emphasizing a plan clients can stick to, and both encourage listeners to get out, meet people, and keep learning from others. Host: Jim Worden, Chief Investment Officer, The Wealth Consulting Group. Guest: JC Parets, CMT, Founder, Trend Labs. If this conversation was useful, follow The Bull of Wall Street on Apple Podcasts, Spotify, or YouTube so you never miss an episode. And for more market insights and practice-growth strategies from The Wealth Consulting Group, subscribe to our mailing list at bit.ly/wealthcg. Making Life Better at The Wealth Consulting Group. 00:00 Background, Trend Labs 04:52 Technical Analysis 09:39 AI Research Tools 17:41 Market Positioning 36:04 Strategy, Mindset The Wealth Consulting Group is an SEC registered investment advisor and the opinions voiced and contents in this podcast are for general information only and are not intended to provide specific advice or recommendations or any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful