All Star Charts' Delwiche: 'Sloppy' range-bound market should resolve higher

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Willie Delwiche, investment strategist for All Star Charts, says that the messy, sloppy range-bound market that we've seen since February is going to continue sideways for a while but ultimately will resolve itself to the upside, confirming a consolidation that is healthy for the long term. Delwiche believes the next rally will be led by different types of stocks -- financials instead of tech stocks, mid- and small-caps instead of large-caps -- plus commodities and more. Also on the show, Amy Arnott of Morningstar discusses the firm's annual 'Mind the Gap' research showing how badly investors perform relative to the mutual funds they are buying, John Cole Scott of Closed-End Fund Advisors helps Chuck answer some questions that dig into the inside baseball of closed-end investing, and Ed Slott of IRAhelp.com gives his tax tips on moves investors might want to make before the year ends.