In this episode of the Market Misbehavior podcast, I’m joined by John Kolovos, CFA CMT, Chief Technical Strategist at Macro Risk Advisors and current President of the CMT Association.  Recorded 1/29/26.

We dig into what’s driving markets in early 2026—earnings season “gap lessons,” breadth and rotation, small caps vs large caps, precious metals, international equities, and why the U.S. dollar may be the most important “non-equity” chart to watch right now. John also shares a key teaching insight from his work at Brandeis University: don’t force your opinion onto the chart—let the market guide you.

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The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.