Technician Ralph Acampora: Markets Are Clinging to a Wall of Worry, and Going Higher
Also Ryan Puplava with this week’s Market Wrap-up and Rob Bernard with the Fixed Income Report
Jim welcomes back legendary technician Ralph Acampora to the program. Ralph is bullish as he sees both investors and institutions underinvested in stocks. He also notes that one third of Dow stocks are breaking out to new highs. Ralph offers four Dow stocks he likes and believes are ready to break out. Ryan Puplava also checks in with this week’s Market Wrap-up 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.
Ralph is a pioneer in the development of market analytics and has a global reputation as a market historian and a technical analyst. He is the former Director of Technical Research at Kidder Peabody and Prudential Securities, a published author, popular lecturer and a leading international expert, consulted by prominent financial experts and journalists worldwide.
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.