Technicals Will Overpower Fundamentals in New Bull Market
Chris joins Chuck Jaffe from the Money Life, telling him that the market’s technicals are very strong, with all signs showing a new bull market that should carry the Standard and Poor’s 500 to 4,200. ‘You have to throw fundamentals and economic stuff out the window,’ he says, ‘because this market from a technical standpoint is set to go higher,’ noting that the market could climb the wall of worry — with brief respites and corrections — all the way to 4,600. Chris joins Chris at the 26:00 minute mark.