Craig Johnson on Market Outlook; Dan Steffens on Oil

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Apr 12 –After Ryan Puplava tells us what moved the markets this week in his market wrap up, Craig Johnson from Piper Jaffray joins the program and says markets could be headed lower by the end of the year. He calls for a trading range of 2500 to 2900 with a year-end target of 2725. Then we talk to Dan Steffens of the Energy Prospectus Group who says demand for energy is greater than supply. This shortage, he explains, is due to production cuts from major countries like Saudi Arabia, Venezuela, Nigeria and Libya which leads to higher prices at the pump.