Technician Louise Yamada: Gold Correction Healthy; Nasdaq Emerging From 10-Year Consolidation

Jim welcomes back noted technician Louise Yamada this week to Financial Sense Newshour. Louise sees many positives, including energy forming a bottom, gold going through a healthy correction, and the Nasdaq finally breaking out of a decade-long consolidation. In addition, Ryan Puplava gives his update on this week’s market activity, and Rob Bernard has the Fixed Income Report.

Ryan joined PFS Group in 1995. He is Senior Trading Manager and works closely with Jim Puplava on PFS Group's Growth investment objective. He also contributes a monthly Market Observation to Financial Sense and co-authors In the Know—a weekly communication for Jim Puplava's clients only—with other members of the trading staff.

Louise is Managing Director of Louise Yamada Technical Research Advisors (LYA) founded in October 2005. Louise has been a perennial leader in the Institutional Investor poll, and was the top-ranked market technician in 2001, 2002, 2003 and 2004 prior to her departure from Citigroup.

Rob joined PFS Group in 2011 as an independent broker. With over 30 years of experience in the investment management industry, Mr. Bernard's expertise includes: Income strategies, diversification strategies, specialized high-level corporate executive strategies, particularly with SEC Rule 144-related services, long-term care insurance and variable annuities.