Money Life With Chuck Jaffe Daily Podcast

Raging Bull's Bishop: 'We're looking at broken technicals right now.'

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Synopsis

Jeff Bishop, co-founder of RagingBull.com said that the market is experiencing 'broken technicals,' patterns that have made it hard on traders amid heightened volatility. He suggested cutting back on trade sizes and setting looser stops as ways to deal with the increased turmoil. William Delwice, investment strategist at Baird also talked about technicals, saying he expects the market to experience another bounce down, though not necessarily until after a small Santa Claus and/or year-end rally. David Wrigh