Simpler Trading's Shay:The market will break after FANG earnings next week
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Danielle Shay, director of options at SimplerTrading.com, said the market is in 'Hurry up and wait mode' over next week's release of earnings for the FANG stocks plus Microsoft, noting that she expects the flat market to break out once those big names release their numbers. That breakout could lead to new highs, but Shay said she expects the market to settle and re-test lows before really moving on later in the year. Also on the show, Michael Campagna of Moerus Capital Management talks value investing around the world in current market conditions, Rob Scheinerman of AIG Retirement Services covers new data on consumers planning to live and make their finances last to age 100, and Peter Tuz of Chase Investment Counsel talks growth stocks in the Market Call.