Technician Ralph Acampora: Bull Market Climbing The Proverbial “Wall Of Worry”
Also, Ryan Puplava with the Market Wrap-up and Rob Bernard with the Fixed Income Report
Jim welcomes back legendary technician Ralph Acampora, Director of Tactical Investments at Altaira Wealth Management. Ralph believes the big cap stocks are in a new bull market, and the markets continue to climb the proverbial "wall of worry." He sees the financial stocks leading the way currently, and bonds in bubble territory. Ralph also notes many individual and institutional investors are on the sideline, which is the wrong place to be. Also in this segment, Ryan Puplava has this week’s Market Wrap-up and Rob Bernard looks at bonds in 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.