Fairlead Strategies' Stockton is short-term bearish, long-term bullish

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Technical analyst Katie Stockton, founder of Fairlead Strategies, says that the stock market's winter swoon may have set it up for the current recovery and helped it avoid a bubble, but she warns that her outlook for the market in the short run is negative. The decline she sees coming, however, should prove to be a buying opportunity, because her long-term market expectation is positive and bullish, meaning that investors should be rewarded for buying into the trouble ahead. Also on the show, Rance Masheck of iVest Plus talks about the new wave of traders and whether conditions are right to lure newbies into the market only to give them a beating, Ted Rossman of Bankrate.com discusses home improvements and how people who need them mid-pandemic are paying for them during times when money is tight, and Leah Bennett of Westwood Wealth Management talks bottoms-up stock-picking and large-cap companies in the Market Call.