Money Life with Chuck Jaffe
1,656 episodes - English - Latest episode: 2 days ago - ★★★★ - 106 ratingsMoney Life with Chuck Jaffe is leading the way in business and financial radio. The Money Life Podcast is a daily personal finance talk show, Monday through Friday sorting through the financial clutter every day to bring you the information you need to lead the MoneyLife.
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Episodes
Dan Fuss, part 1: Why bonds were so strong in 2019
December 23, 2019 11:36 - 1 hour - 49.5 MBDan Fuss, legendary long-time manager of the Loomis Sayles Bond Fund, joins Chuck for the first of a two-day Big Interview that starts by looking at what happened to make the bond market remarkably strong during 2019 in the face of rate uncertainty and much more. Also on the show, David Trainer of New Constructs puts two stocks into the Danger Zone, Chuck answers a question about year-end portfolio moves and David Miller of the Catalyst Mutual Funds discusses insider buying and selling as a ...
Touchstone's Thomas: Domestic markets will keep rolling in 2020
December 20, 2019 13:06 - 1 hour - 48.7 MBCrit Thomas, global market strategist at Touchstone Investments, says that while returns may slow down from the high and unexpected levels achieved in 2019, he expects the domestic stock market to have another positive run in the New Year, even if it is muted by recent standards. Thomas said investors need to be picky and selective in investing in developed Europe and emerging markets, where some great bargains could be hidden among bigger trends that have the potential to drag down the mark...
First American's Fleming: Low mortgage rates hold good and bad for the markets
December 19, 2019 15:36 - 59 minutes - 47.6 MBMark Fleming, chief economist at First American Corp., says that the fact that interest rates are likely stuck at current low levels is likely to reduce any impetus for homeowners to consider moving, which will slow down the economy, even with housing affordability at historically low levels despite an inventory shortage created in part by established homeowners opting to stay put. Also on the show, Tom Lydon of ETFTrends.com makes a retailing fund his 'ETF of the Week,' Ted Rossman of Credi...
VantagePoint's Wicker 'low double-digit gains' ahead for 2020
December 18, 2019 12:22 - 59 minutes - 48.3 MBWayne Wicker, chief investment officer for VantagePoint Investment Advisors, says that despite the headline risks and concerns, he believes the stock market is poised to deliver another double-digit gain in the new year, noting that the economic underpinnings are solid and momentum remains strong. Also on the show, Nick DiUlio of insuranceQuotes.com discusses holiday hazards from porch pirates to winter driving, we revisit a chat with Steve Tresnan and Jeremiah Reithmiller of HighTower Advis...
Wall Street giants Rob Arnott and Jim O'Shaughnessy visit Money Life!
December 17, 2019 14:41 - 58 minutes - 46.9 MBRob Arnott, founding chairman at Research Affiliates, says in a wide-ranging interview that value investing not only isn't dead, but he notes that value stocks currently trade at one-eighth the price of growth stocks, the second-lowest level ever and a strong indicator that bargain stocks are due for a resurgence if investors can remain patient with them. O'Shaughnessy -- the author of 'What Works on Wall Street' and the head of O'Shaughnessy Asset Management -- talks about factor investing,...
Leuthold's Ramsey: Valuations have made us 'neutral' and 'defensive overall'
December 16, 2019 12:37 - 56 minutes - 45.7 MBDoug Ramsey, chief investment officer at The Leuthold Group, discusses current market valuation risks and how his firm is responding to the market's mixed signals, including the inverted yield curve signal the market flashed months ago, increases in volatility and uncertainty and more. He also discusses research based on fishing charts and solar-lunar calendars showing that investors do better -- and should trade more -- at times with a full moon. Also on the show, John Boroff of Fidelity In...
Stovall: Election-year surprises could lift the market further
December 13, 2019 12:37 - 1 hour - 48.8 MBSam Stovall, chief investment strategist at CFRA Research, expects the market to stay strong in 2020 noting that be believes politicians can go beyond settling the trade dispute with China to give stocks a boost. Stovall says he would not be surprised to see tax cut measures -- proposed if not enacted -- that get investors excited that the bull market can keep running into 2021 or 2022. Also on the show, Buck Klintworth of Chase Investment Counsel talks optimistically about the market's tech...
AAII's Rotblut: To find the big winners for the next decade, look small
December 12, 2019 14:05 - 57 minutes - 46.2 MBCharles Rotblut, editor of AAII Journal, says that the biggest winners for the next decade on the Standard and Poor's 500 Index may not even be big enough to be on the banchmark now. In a recent study of the last decade, Rotblut found that the big winners were not necessarily the names anyone might have expected to be big gainers 10 years ago. Also on the show, Tom Lydon of ETFTrends.com makes a biotech and pharmaceutical fund his ETF of the Week, Alia Dudum of Lending Club talks about how m...
Baird's Stanek: More modest outcomes in 2020 for all asset classes
December 11, 2019 13:06 - 1 hour - 48.7 MBMary Ellen Stanek of Baird Funds notes that in the 11th year of an economic expansion, investors should be cautious, but she says the excesses that typically come late in an economic cycle are not there, so investors should keep their seatbelts on, should make sure they are being paid to take on risk and are otherwise moving forward cautiously into 2020 and beyond. Also on the show, Chuck chats with David Molnar from HighTower San Diego about how investors should properly evaluate an adviser...
Nuveen's Brian Nick: Investment returns in 2020 and beyond will be lower
December 10, 2019 11:37 - 59 minutes - 48.1 MBBrian Nick, chief investment officer at Nuveen, says that the stock market enters the next decade with high valuations and other conditions that do not seup up well for great investment returns, and he warns investors that they may need to move away from the tradition 60-40 stocks-to-bonds allocation in favor of something that carries more alternatives in order to continue to deliver anything close to recent results. But Nick's cautious notes are a contrast to comments from Gene Peroni of Pe...
BMO's Dowdall: Trade tensions won't go away, but could ease and help the market
December 09, 2019 11:30 - 1 hour - 49.6 MBMichael Dowdall, investment strategist for BMO Global Asset Management, says the trade war between the United Stateas and China will be the over-arching headline for the foreseeable future, and while he expects minor deals to be announced he believes a full resolution of tensions will be elusive in 2020. Despite that, he believes the American consumer will continue to drive the market higher, and that the U.S. economy will continue to lead the world, though he expects a bounce-back from a nu...
Boston Partners' Mullaney: Recession is not on the horizon for 2020
December 06, 2019 11:44 - 1 hour - 49.6 MBMichael Mullaney, director of global markets research at Boston Partners says that while there are some warning signs clearly visible -- and wildcards like trade wars and Brexit that could cause further deterioration -- investors should stay fully invested for as long as the economy continues showing growth and companies keep on reporting profits. He suggests that investors side with stocks that have 'high-quality characteristics' as a way to hedge against a weakening market. Also on the sho...
Lydon of ETFTrends.com: This active ETF can sub for your money-market funds
December 05, 2019 11:43 - 58 minutes - 46.8 MBTom Lydon, editor at ETFTrends.com, made the PIMCO Low Duration Active ETF -- ticker symbol LDUR -- his 'ETF of the Week,' noting that the low-duration exchange-traded fund not only mitigates risk but can increase returns from money-market funds by as much as one full point, a significant difference in a time when money mostly parked on the sidelines isn't delivering much return. Also on the show, Jason Reposa of MyBankTracker.com talks about the financial mistakes savers and investors admit...
MFS' Weisman: Market, economy could be giving us a head fake here
December 04, 2019 13:53 - 59 minutes - 48.1 MBErik Weisman, chief economist and portfolio manager at MFS Investments, says that while the market and economy are giving off generally positive signs of strength, the numbers this time may be hiding some issues that could shorten the current business cycle and dampen returns. Also on the show, Washington Post columnist Allan Sloan talks about the one tax move he thinks anyone in their 70s should do to minimize what they owe Uncle Sam, Adam Thurgood of HighTower Advisors discusses how to mat...
AssetMark's Thomas: 'We're more worried about this coming election than we should be'
December 03, 2019 11:49 - 59 minutes - 47.6 MBJason Thomas, chief economist at AssetMark, said that investors are too concerned with current events and the upcoming election when they should be focus instead on the earnings power of big companies, which he said will continue to drive the market for the foreseeable future. Thomas said that while investors have reasons for their personal concerns around news, they should tune out the noise to focus on the strong earnings picture. Similarly, two very different technical analysts -- Adam Gr...
Porch pirates, earnings inequality and seeing value through the blood
December 02, 2019 11:35 - 58 minutes - 47.5 MBToday's show covers a lot of ground, from Matt Zajechowski of Digital Third Coast talking about a survey on package thefts and giving out tips for foiling box bandits this holiday season, to Ben Hunt of EpsilonTheory.com talking about his big concerns for the markets that have been mostly overlooked by observers and experts, on to international value investing in the Market Call with guest David Marcus from the Evermore Global Value Fund talking about how the market's run to record highs has...
Black Friday shopping and credit tips, 2020 investment ideas and more!
November 29, 2019 11:41 - 59 minutes - 47.7 MBChuck celebrates Black Friday with tips on the best and worst card deals and items to shop for from Jill Gonzalez of WalletHub.com, and talk about how to avoid the worst retail store credit card offers. There's also The NAVigator, where Jerry Raio of Arbor Lane Advisors gives his take on 2019 IPOs and the outlook for 2020, and the ETF of the Week from Tom Lydon of ETFTrends.com. Also on the show, Charles Biderman of Trim Tabs Investment Management discusses the market and his expectations fo...
Payden and Rygel's Sarni: 'Keep calm and carry on'
November 27, 2019 13:06 - 58 minutes - 47.2 MBJim Sarni, managing principal at Payden and Rygel, says that 2020 looks to be a year of heightened volatility, centered around market flashpoints like tariff and trade wars, interest-rate concerns, the Presidential election and more, but he notes that the environment will be one where cooler heads prevail. He urges investors to stay calm, to look for investments in quality companies with dividend-oriented stocks the focus for equities and shorter-duration high-grade bonds the focus in fixed ...
US Global's Holmes: Ignore the headlines and focus on the trend line
November 26, 2019 11:33 - 59 minutes - 47.8 MBFrank Holmes, chief investment officer at U.S. Global Investors, says investors have plenty of reason to be optimistic right now, noting that the domestic and international economies are showing signs of strong demand, which should keep global markets rolling for the foreseeable future. There's more bullish praise for the market and its technical signals from Dan Zanger of ChartPattern.com, who is as fully invested as he has been in many months, despite his daily worries over how Tweets and...
Via Nova's Gayle: Trade wars and rate picture don't kill off optimism for 2020
November 25, 2019 11:31 - 59 minutes - 47.8 MBAlan Gayle, president of Via nova Investment Management, said he expects the storm clouds of trade wars and interest rate pictures to clear as the calendar hits 2020. Coupled with improvement seen in the markets of Europe, China and emerging markets, he is optimistic about results for 2020, especially for international investments. Gayle's comments were a bit more hopeful -- especially about returns and global investing -- than those of David Jilek, chief investment strategist of Gateway Inv...
JMK's Mills: 'Your time horizon is not measured in days or weeks'
November 22, 2019 11:44 - 59 minutes - 48.2 MBKarl Mills, president of Jurika, Mills and Kiefer, said that investors have to look beyond headlines, current events and present-day nervousness to stay focused on long-term goals, and should be considering long-term trends, needs and risk tolerance rather than today's news and the weekly market action when putting together an asset allocation. Also on the show, Nicholas Marshi, editor of the BDC Reporter, discusses the state of business-development companies through the third-quarter earnin...
International stocks are a value trade right now, says LMCG's Davis
November 21, 2019 13:12 - 59 minutes - 47.9 MBJeff Davis, chief investment officer at LMCG Investments, says that while investors have been frustrated by a decade of international investments lagging far behind the United States, he thinks giving up on international investing is a mistake, particularly now that investors are paying a premium on domestic stocks and can get relative bargains around the world. Also on the show, Tom Lydon of ETFTrends.com has the ETF of the Week, Chuck answers a question about investing in artificial-intell...
Avalon's Stone:The next rally -- and it's coming -- should be good for value stocks
November 20, 2019 11:54 - 56 minutes - 45.9 MBBill Stone, chief investment officer, Avalon Investment and Advisory, said he believes investors have seen the worst of global economic numbers and that with better data ahead, plus strong investor sentiment and record amounts of cash on the sideline ready to be invested, there is a strong chance for another market rally in 2020. That said, he believes that the long lagging cycle for value stocks could be ending, and he suggested investors might want to rebalance their value and growth portf...
Briefing.com's O'Hare: Market highs despite turmoil a sign of better times ahead
November 19, 2019 11:29 - 59 minutes - 48 MBPatrick O'Hare, chief market strategist at Briefing.com, said that low rates have steered a market through a time of no-earnings growth and have the market poised to keep pushing forward despite headline risks over trade concerns, impeachment, the upcoming election and more. O'Hare said he expects 2020 to not be quite as good as 2019 -- in part because some good news has been pulled forward and priced in already -- but he expects a positive outcome through the election and for the election y...
Chuck challenges some bad money talk he heard on Seattle radio
November 18, 2019 12:22 - 58 minutes - 47.1 MBChuck is back from his weekend in Seattle with a bad head cold and some anger issues, especially after tuning into a program called 'Trading and Investing with Ryan and Larry,' and he shares some of the reasons why real investors should be able to ignore the ridiculous logic behind the sales pitch to become a trader. Also on the show, longtime business journalist Rob Wells discusses his new book on how some little-known trade reporters exposed the 'Keating Five' in one of the nation's larges...
Author Rob Berger: To retire early, just keep it simple
November 15, 2019 11:34 - 1 hour - 48.9 MBRob Berger, author of 'Retire Before Mom and Dad' says that while investors want to make things complicated, maintaining a simple, straightforward portfolio, relying on the power of compounding and setting aside more money than average are the real keys to long-term financial success, noting that investors need to demystify the savings process and simply recognize the long-term value of money they spend wastefully today that could truly change their lives if they considered its potential val...
Smart Portfolio's Welsh: Expect a market pullback, a rally, and then a correction
November 14, 2019 14:32 - 58 minutes - 47.4 MBJim Welsh of Smart Portfolios said that with market sentiment on the rise and most observers thinking things are good, it's time to be guarded. Welsh said that the market's technicals look to him like a small rally to reach a market top before a 5 to 7 percent pullback that he does not think will scare investors. After that, he expects the market to recapture its highs, top out and then a correction early in 2020 that could shave as much as 750 points off the Standard and Poor's 500. Also on...
Hightower's Morse: Public policy will drive the market to modestly better results
November 13, 2019 14:40 - 1 hour - 48.6 MBAndy Morse, senior partner at Morse, Towey and White Group in New York, says that while investors often want to leave politics out of their financial picture, it's actually earnings and public policy that drive the markets, and he gives reasons why that will drive the market -- especially as trade concerns are resolved -- even if his expectations remain modest. Also on the show, Chuck answers another audience question, author Lane Martinsen talks about holistic retirement planning, and Jason...
Earnings Scout CEO is defensive, favoring health care, staples, real estate and utilities
November 12, 2019 11:30 - 58 minutes - 47.4 MBNick Raich of The Earnings Scout returned to the Market Call to discuss his unique brand of stock analysis which focuses on earnings forecasts -- rather than past results -- looking for the best changes in earnings estimates, and he noted that while his models are starting to like developed international markets over the U.S., he still likes defensive sectors like health care, consumer staples, real estate and utilities, while being concerned and nervous about industrials, communications ser...
New York Life's Yoon: This economic cycle has at least 12 months left
November 11, 2019 11:33 - 59 minutes - 47.9 MBJae Yoon, chief investment officer at New York Life Investment Management, said that the issues of the current trade war are not going away and will slow economic activity until they are resolved, yet he noted that they are not killing the current economic cycle, which he thinks can run for 12 to 18 months or more. Yoon said he is beginning to look at reducing allocations ahead of a cycle whose end could coincide with the presidential election, but noted that investors should not be full-on ...
ICON's Callahan: US market is priced 16 percent below fair value
November 08, 2019 12:40 - 59 minutes - 47.8 MBCraig Callahan, founder and president at the ICON Funds says that the domestic stock market -- despite being at or near record-high levels -- is actually 16 percent below its fair value, and he expects the market to gain more ground over the next year or so as it works to have stocks reach fair-value levels. Callahan adds that he believes the current bull market has a ways to go, potentially five or more years, and says he would stick with top-performing sectors like consumer-disctretionary ...
Market talk, closed-end strategies and more!
November 07, 2019 14:17 - 1 hour - 48.7 MBIt's part standard show, part roadshow today, as Chuck starts with Tom Lydon of ETFTrends.com with the 'ETF of the Week,' and Brent Schutte of Northwestern Mutual Wealth Management in the Big Interview before airing interviews taped at Wednesday's Active Investment Company Alliance Boot Camp and Conference in New York City, covering a wide range of closed-end investing topics with Bill Meyers of Nuveen, Rob Shaker of Shaker Financial, and Eric Boughton of Matisse Capital.
Axel Merk: “The market is poised for an upside surprise”
November 06, 2019 12:57 - 1 hour - 48.7 MBAxel Merk, president and chief investment officer at the Merk Funds, says the market is telling investors that everything is fine, and that he sees that being true, noting that investors should expect an upside surprise more than trouble over the next few months. Also on the show, Jeff Ptak of Morningstar explains changes announced Tuesday to the firm’s mutual fund analyst ratings, Steven Cress of Seeking Alpha brings a quantitative approach to the Market Call and we revisit a recent inter...
Invesco's Memani says 2020 has the 'perfect setup to do quite well'
November 05, 2019 11:43 - 59 minutes - 47.8 MBKirshna Memani, vice chairman of investments at Invesco, says that the market is setting up for a good year in 2020 based on three key factors, namely the recent Fed rate cuts and the central bank's indication that it won't reverse course soon, the likely resolution of international trade issues, and a re-acceleration of global economic growth. If those events happen as expected, Memani -- who believes the economy can go several more years without a recession -- said 2020 has strong potentia...
Heartland's Evans: Companies have never been punished or reward like they are now
November 04, 2019 11:24 - 58 minutes - 47.5 MBBrad Evans of the Heartland Value Plus fund says in the Big Interview that Corporate American has levered itself to levels never seen before, which leaves stocks vulnerable to being whipsawed by news events and headlines in ways investors haven't previously experienced. Also on the show, Liz Pagel of TransUnion discusses the how well -- and sometimes how poorly -- debt consolidation really works, Sam McBride of New Constructs puts a big-name stock in the Danger Zone, and Peter Tuz of Chase I...
Ellison says rate cuts aren't helping the financial services industry
November 01, 2019 11:25 - 59 minutes - 47.8 MBDavid Ellison, manager of the Hennessy Large-Cap and Small-Cap Financial funds, says we are seeing a unique decline in interest rates because cuts historically were supposed to help out financial institutions, making it easier to make loans, unload bad debts and improve margins. With rates at historic lows, however, cuts aren't really providing financial firms with any help, Ellison says, making the entire sector tougher to read. Also on the show, Richard Howe of Stock Spinoff Investing make...
People who believe in ghosts pay more to buy haunted houses
October 31, 2019 12:30 - 58 minutes - 47.2 MBFrancesca Ortegren of Clever Real Estate discusses a recent study on the effect of paranormal activity on home prices -- no, we're not kidding -- which found that people are much more concerned about the potential for crime than they are about being haunted by ghosts, with people who believe in the supernatural more likely to pay up to buy a house they've been told is haunted. Also on the show, Tom Lydon of ETFTrends makes a small-cap dividend fund his pick for ETF of the Week, Rick Redding ...
HighTower's Bahnsen: Investors must factor politics into their portfolio
October 30, 2019 10:37 - 56 minutes - 45.6 MBDavid Bahnsen of HighTower Advisor's Bahnsen Group chats about the intersection of politics and personal finance, noting that investments are inherently political and that investors can create problems when they choose to invest based more on their political leanings than on a dispassionate view of how current events can and will impact the market. Also on the show, Mark Hamrick of Bankrate.com talks about their survey about whether Americans feel they are better off financially since the la...
Market hits highs but Elliott Wave Trader's Gilburt isn't convinced
October 29, 2019 11:34 - 1 hour - 48.5 MBAvi Gilburt, founder of Elliott Wave Trader, said that while the Standard and Poor's 500 hit new record highs on Monday -- closing at roughly 3,040 and finally breaking out of a trading range that has lasted for most of the year -- he believes the market is still in the middle of a larger correction, one that will take it back down to support levels around 2,820 before there is a real rally to start off 2020. Gilburt suggested that instead of being cheered by the new highs, investors should ...
Linde PLC is vastly overpriced, says Trainer
October 28, 2019 11:02 - 58 minutes - 46.8 MBDavid Trainer, president of Nw Constructs, says that Line PLC has numbers so misleading tat if the omcpany were to stop growing, shares would be worth about 90 percent less than their current level. Even with growth, Trainer gave reasons why the company could be headed for trouble. Also on teh show, Frank Nothfaft of the National Association for Business Economics, a rebroadcast of a recent chat with Mona Mahajan of Allianz Global Investors, and the Market Call with Martin Leclerc of Barrack...
'Shallow, narrow recession' by first half of 2020, says Stifel's Piegza
October 25, 2019 11:02 - 58 minutes - 47.2 MBLindsey Piegza, chief economist for Stifel Fixed Income, says near the end of her Big Interview chat with Chuck that she sees sufficient economic slowdown ahead for the economy to enter a recession during the first half of 2020, noting that a recession doesn't have to be deep, hard and arduous but rather that it can represent a slowdown which she believes will be reversed in short order. Also on the show, Piers Currie of Warhorse Partners discusses the evolution of closed-end funds frmo thei...
Diversify your portfolio with pot stocks, farmland and mutual funds
October 24, 2019 13:03 - 59 minutes - 47.5 MBChuck covers a lot of ground, literally and figuratively, in today's show, with Tom Lydon of ETFTrends.com making a marijuana offering his ETF of the Week, talking with Carter Malloy of Acre Trader, a platform that lets individual investors do high-yield investing by buying directly into farmland, and talking mutual funds and ETFs in the Market Call with Kevin Miller of the E-Valuator Funds. Plus, Ted Rossman of CreditCards.com returns for the second time this week to talk about a survey, th...
TD Ameritrade's Cruz: Trends are fighting each other, keeping market range-bound
October 23, 2019 10:36 - 59 minutes - 47.8 MBShawn Cruz, manager of trading strategy for TD Ameritrade, said that the market is fighting conflicting trends but noted that any sort of meaningful improvements in the trade war with China would likely help stocks break through to new highs, as he believes the market is trying hard to continue climbing. Also on the show, Mike PeQueen of HighTower Advisors said he believes that solid fundamentals will allow the market to climb the proverbial 'wall of worry' without suffering through a recess...
Markets now are caught in an 'economic and emotional tug-of-war'
October 22, 2019 10:34 - 57 minutes - 46.5 MBZach Jonson, senior portfolio manager at Stack Financial Management, said that investors and the stock market are being pulled in good and bad directions by an 'economic and emotional tug-of-war caused by the trade war with China, changes in interest-rate policies, the news cycle and more. He pointed out that the market has positive signs -- like market breadth at near highs -- and negative signals, like the struggles in transportation and small-cap stocks. He is remaining defensive, but loo...
Stock Trader's Almanac has issued its annual fall buying signal
October 21, 2019 10:30 - 58 minutes - 46.8 MBJeffrey Hirsch, editor of the Stock Trader's Almanac, noted that the market's technicals are strong enough that the Almanac issued a buying signal on Oct. 11, expecting 2019 to have the traditional strong end to the year rather than repeating the significant decline investors lived through a year ago. Hirsch also talked about the impact elections have on the market and more. Also on the show, Geoffrey Brown of the National Association of Personal Financial Advisors discusses how many people ...
Mona Mahajan: Green shoots emerging all around around
October 18, 2019 10:39 - 59 minutes - 48 MBMona Mahajan, US investment strategist for Allianz Global Investors, says that while there are legitimate concerns about slowing global economic growth and headline risks from trade wars to impeachment and more, the underlying numbers show signs of re-emergent growth, the kind of 'green shoots' that could carry the long-running bull market to new heights next year if they're fostered and allowed to grow. Also on the show, Ken Berman of Gorilla Trades is equally bullish -- if not more so -- i...
The magic number for an emergency-savings account: $2,467
October 17, 2019 15:00 - 59 minutes - 47.8 MBCollege professor Emily Gallagher discusses her recent research looking at the amount of emergency savings that appears sufficient to allow individuals to overcome standard emergencies and avoid falling into significant financial distress, disclosing just how much to keep on hand. Also, Chuck talks with Tom Lydon of ETFTrends.com about a housing fund, covers the best mortgage lenders with Gina Pogol of HSH.com, and talks stocks in the Market Call with Leon Wilfan of Lahardan Financial.
HighTower's Harris: Scary headlines haven't made for frightening technical signals
October 16, 2019 10:36 - 1 hour - 48.7 MBMatt Harris, head of investment strategy at HighTower Wealth Management, says that while people are nervous about economic, market and political headlines, that's not showing up in how they act as measured by technical analysis. Harris says that indicators like breadth, the spread of companies rising and falling and more are not typical of a market top or indicating a price drop over the next few months. Also on the show, Chuck talks with author Devon Powers about the business of forecastin...
Option strategist McMillan: Until the market hits new highs, it's not a bullish chart
October 15, 2019 10:36 - 58 minutes - 47.3 MBLawrence McMillan, head of McMillan Analysis, said that the current range-bound market has indicators that can work for short-term trades, but nothing that really allows him to look out more than a few weeks. He is looking for the market to break through resistance at 2,993 on the Standard and Poor's 500 and hold beyond that level, but noted that if a rally falls short, the market could see a double- or triple-top, which is a sign of trouble ahead. Also on the show, Sylvia Jablonski of Direx...
Author Glantz: 2008 financial crisis enriched today's political bigwigs
October 14, 2019 10:53 - 59 minutes - 47.7 MBAaron Glantz, author of the new book 'Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream," discusses how a story looking at the financial crisis of 2008 led to massive profits for several leading players,including members of the current administration in Washington. Also, Catherine Collinson of the Transamerica Center for Retirement Studies talks about why employe...