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Signs of Exhaustion, More Trouble Ahead, Says Craig Johnson

Ryan Puplava discusses this week’s market-moving events. Craig “Bullseye” Johnson from Piper Jaffray, one of the most consistently accurate strategists on our program, says the market is facing a number of negative forces at present: seasonality, an unfavorable mid-term election cycle, and technical exhaustion signs. Johnson spells out his downside targets for the S&P 500, why he’s now quite bullish on energy, and what he’s doing presently in this market.

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