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#040 Tom Thornton On Why We Might See True Capitulation In The Markets In 2023
Tom Thornton (@TommyThornton), founder and president of Hedge Fund Telemetry, has had an incredible year amid market turbulence. The former portfolio manager, senior trader, and technical analyst has delivered returns of 52% so far in 2022.
In this episode, Tom, who focuses on sentiment indicators, explains why markets are nervous and that we haven’t seen a true market capitulation yet. He predicts that in 2023 we might see capitulation as the retail investor starts to give up.
Elsewhere, Tom weighs in on his investment process and approach. He also shares his thoughts on the Fed’s rate hikes…
The skinny
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