Asbury's Kosar: Despite obstacles, market and tech could make a run
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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John Kosar, chief market strategist for Asbury Research, says that the market is overextended as measured by a number of technical indicators, but breakouts visible this week in technology sectors suggest that there is meaningful ground to be made now, as much as 10 percent in tech stocks and sectors in short order. Also on the show, Rob Shaker of Shaker Financial Services discusses the state of closed-end fund discounts, and how current conditions appear to be a repeat of what the industry saw after the financial crisis of 2008, Byron Reese discusses his new book, 'Wasted: How We Squander Time, Money, and Natural Resources-and What We Can Do About It,' and Daniel Kern, chief investment officer at TFC Financial Management, talks funds and ETFs in the Market Call.