The Topping Process; Perfect Storm Coming to Energy

Today’s guests are Bruce Kamich and J. Marshall Adkins. First, Ryan Puplava, CEO of PFS Group, discusses the main drivers and catalysts affecting the markets this week—the House budget bill, incoming economic data, oil prices, and more. Next, Bruce Kamich, a technical analyst at TheStreet.com, says that we are in a mature bull market in the process of topping. He explains why, going through at a variety of indicators, and makes the case that investors need to be “scaling up” their profits at this point in the cycle. Then, Marshall Adkins, Director of Energy Research at Raymond James, explains the perfect storm coming to energy with several catalysts that will lead, he believes, for higher oil prices into 2018.

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