Technician Richard Dickson: We’ve Hit A Significant Market Bottom

Jim welcomes Richard Dickson, Chief Market Analyst at Lowry Research to the program. Richard believes we’ve hit a significant bottom in the market (click here for chart), and we’re going up from here. He sees strong indications of another new market high coming next year. He advises looking at interest rates and TIP yields as a clue to future Federal Reserve policy. Also on the program, Ryan Puplava wraps up activity in the market this week, Erik Townsend has an update on commodities, and Rob Bernard has the Fixed Income Report.