Money Life With Chuck Jaffe Daily Podcast

Lawrence McMillan of McMillan Analysis says the market is oversold but it is falling so hard and fast that there is no solid level of support, and that it could fall further before it starts creating real buy signals. McMillan notes that people may be expecting buying opportunities, but they haven't arrived yet as just one obscure indicator from the many he looks at has created a buy signal, suggesting it's time to start buying again. Also on the show, Kathy Bostjancic, chief economist at Oxford Economics USA, says that the market is pricing in a recession which makes that unlikely that there is any way for the economy to avoid one amid the slowdown of economic activity created by the coronavirus. Also on the show, Kusara Barto of Squaremouth.com talks about how travel insurance is and isn't working for consumers who are thinking they might cancel planned trips, and Noland Langford of Left Brain Investment Research talks stocks in the Market Call.