Full Signal

Hamilton Reiner is head of US equity derivatives and portfolio manager at JPMorgan Asset Management. He joins Phil Rosen to discuss stock picking and positioning for 2026, options as a hedge, income ETFs, the AI trade, and anecdotes from Lehman Brothers in 2008.This episode is sponsored by Amberdata: https://Amberdata.ioThis episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:27 - Market Overview & Stock Exposure1:49 - How The AI Trade Will Evolve5:48 - Tech Investment Products - HEQQ9:00 - Using Options As Hedging12:15 - Capped Upside14:21 - Income ETFs17:15 - Portfolio Diversification Through Each Fund20:45 - Tech Exposure Concerns27:29 - Hamilton Lost Everything - Lessons from Working At Lehman Brothers In 200832:25 - Where to Find Hamilton OnlineDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

JC Parets, founder of TrendLabs and leading chart technician, breaks down the charts driving markets. He covers small-cap versus large-cap rotations, links between software stocks and crypto, Russell 2000 dynamics, S&P Fibonacci clusters, rising emerging markets, and an energy vs. bond regime shift. Short, chart-focused takes on where market leadership may be heading.

Michael Gayed is the founder of the Lead Lag Report and manages multiple funds and ETFs. He joined Phil Rosen for a deep-dive on the Japan carry trade, the risks to investors, how to hedge against outlier events, what comes next for the AI trade and more.This episode is sponsored by Amberdata: https://Amberdata.ioSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:26 - Japanese carry trade3:25 - Japan leverage, rates5:18 - Oil’s currency impact7:08 - Carry trade backstop7:52 - Portfolio positioning10:15 - Oil price outlook11:25 - Amberdata13:12 - Japan policy errors16:17 - Global equities impact17:40 - AI trade risks20:16 - Lagged productivity gains22:11 - AI’s political impact23:59 - Hyperscaler capex25:54 - Groupthink 27:02 - Consensus bullishness28:30 - Michael’s work Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Michael Reinking is a senior market strategist at the New York Stock Exchange. He joins Phil Rosen on Full Signal to discuss the metals meltup, the rally in small-cap stocks, the rise of retail investors, changes in market structure, and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:20 - Gold & silver7:45 - Small-caps, market rotation14:20 - Public & Generated Assets15:30 - Bear case for ‘2619:40 - Rise of retail investors23:20 - Market structure shifts27:50 - S&P 500 breadth30:33 - Key indicatorsDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Danny Moses, the investor portrayed in The Big Short who bet against the 2008 housing bubble, shares his take on gold and silver’s unique demand drivers. He discusses AI’s impact on metals and energy needs, the uranium and nuclear case, hidden opportunities in undervalued energy and dividend stocks, and where the next systemic vulnerability might emerge.

Jack Farley is a leading macro commentator and financial journalist, and the co-founder of the Monetary Matters Network. He joins Phil Rosen on Full Signal to discuss the silver price rally, why commodities are surging, and specific stock picks that look set to benefit in 2026.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:29 - Silver rally5:52 - Silver vs. gold8:47 - Silver outlook for 202610:14 - China dominating silver13:46 - Public & Generated Assets15:12 - Stocks for silver rally19:05 - Bull case for equities20:55 - AI bubble fears22:38 - “Sell America” trade27:19 - Global stock picks32:18 - $NVDA35:11 - $ATUSF38:26 - Finding stock ideasDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Mark Malek is the chief investment officer at Siebert Financial and has spent over three decades on Wall Street. He joined Phil Rosen on Full Signal to discuss the biggest risks in markets for the year ahead, why he likes Micron and other AI hardware stocks, comparisons between AI and the dot-com bubble and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:24 - Geopolitical risks7:29 - Politics as fiscal policy13:02 - Public & Generated Assets14:17 - AI exposure for 202620:56 - $MU $GOOG $TSM25:35 - Dot-com bubble34:09 - Downside risks in 2026You can see more of Mark’s work on his YouTube channel: https://www.youtube.com/@wstruthbombsDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks  #bitcoin #fed

Brian Belski, founder of Humilis Investment Strategies, has spent three decades on Wall Street, leading strategy and research teams at BMO, Oppenheimer, Merrill Lynch and elsewhere. He joined Phil Rosen to discuss the outlook for 2026, what sectors and stocks he likes best, why small- and mid-cap names could rally, and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:27 - Secular bull market4:09 - Bullish on AI8:04 - Stock picking in ‘2612:19 - Growth vs. value14:01 - Public & Generated Assets15:06 - Small, mid-cap stocks19:03 - Financials 20:59 - Portfolio weightings22:06 - Tech stocks24:51 - $LULU27:02 - Utilities stocks29:40 - $OKLO $COST30:58 - Energy31:46 - Macro outlook33:25 - US-bias portfolio38:52 - Brian’s work & Humilis Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Gargi Chaudhuri, BlackRock's Chief Investment and Portfolio Strategist for the Americas, shares insights on the evolving AI landscape and its implications for investment strategies. She discusses BlackRock's optimistic projections for AI by 2026, while cautioning against overvaluation and crowding risks. Gargi also highlights the importance of diversifying AI investments, explores the impact of macroeconomic factors, and addresses client concerns about sourcing income and geopolitical risks. Don't miss her thoughts on Bitcoin's role in portfolios!

Jay Hatfield, CEO of Infrastructure Capital Advisors and a noted contrarian macro investor, dives into his critiques of Jerome Powell and the Fed's policies. He argues that the Fed relies on outdated data and lacks monetary expertise, advocating for reforms to the 2% inflation target. Hatfield contrasts real-time inflation with the Fed's measures, underscores the risks of political influence on the Fed, and discusses how money supply impacts market forecasts. He even suggests Christopher Waller as a better choice for Fed chair.