Money Life With Chuck Jaffe Daily Podcast
Leydon: The market remains in a long-term channel heading up.
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:59:39
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Synopsis
Leo Leydon of Financial Focus Advisory Services said that market's January jump and February drop didn't shake it out of a long-term upward channel that should take the Standard and Poor's 500 all the way up to 2,872, roughly 5 percent above current levels. In another technical analysis chat, Jim Welsh of SmartPortfolios said that he expects gold to dip below $1,300 per ounce before bouncing back hard past the $1,400 level. Also on the show, Todd Rosenbluth of CFRA Research has the Market Call and more.