Technician Louise Yamada: Be Defensive If You Are In The Markets

Jim is pleased to welcome back noted technician Louise Yamada this week. Louise still prefers the US markets as the best alternative, but urges caution if you are investing. Louise also mentioned that the best companies usually don’t fall under the old motto "Sell in May and go away," but trade on their individual strengths. Also this week, Jim Puplava gives this week’s Market Wrap-Up and Rob Bernard has the Fixed Income Report.

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.