Technician Tracy Knudsen: Still Cautious On Stocks Until Proven Otherwise

Jim welcomes technician Tracy Knudsen, CMT, Senior Analyst at Lowry Research Corporation, back to the program. Tracy is still somewhat cautious with regard to higher stock prices in the near term. Her indicators have not yet turned fully bullish, so her outlook for stocks at this level is still one of caution. Also in this segment, Ryan Puplava looks back at this eventful week, particularly the Federal Reserve announcement of more QE in his Market Wrap-up report. Rob Bernard reports on this week in the fixed income markets. Last, but certainly not least, Jim answers your Q-Calls in this segment of the program.

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.

Tracy Knudsen, CMT, is a Senior Vice President and Senior Analyst at Lowry Research and has been a market technician for 17 years. Prior to joining Lowry’s, Tracy held the position of Senior Market Strategist at Candlecharts.com and prior to that, Senior Technical analyst at Stone & McCarthy Research Associates. She has written articles for two Technical Analysis publications, Technical Analysis of Stocks & Commodities and Stocks Futures & Options magazine. Tracy is a member of the Market Technicians Association and has served on the board of directors of the American Association of Professional Technical Analysts (AAPTA).

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.