Seven Canyon's Stewart: Market appears 'unmoored' from reality
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Long-time growth manager Sam Stewart of Seven Canyons Advisors says that the stock market is experiencing a lot of 'clear-air turbulence,' moving and reacting faster to things that average investors can't see, let alone react to. Coupled with stock prices that he says do not reflect the true growth rates of the businesses, he expects the market to have mild setbacks going forward, even amid the positives of a post-pandemic recovery. Also on the show, Tom Lydon of ETFTrends.com makes a unique fund -- part metals play, part emerging-markets play -- his ETF of the Week, Katie Stockton of Fairlead Strategies gives a technical take on the market, including what Wall Street's wild action on GameStop and other hot stocks is doing to technicals, and Patrick Healey of Caliber Financial Partners talks stocks in the Market Call.