Two experts see big market upside amid downside potential
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Dan Zanger of ChartPattern.com said that while he sees plenty of weakness and many bearish technical indicators, he believes the market is headed up barring some sort of significant interest-rate policy or political change. Zanger said he expects the Standard and Poor's 500 to reach 3,300 by year's end, after just barely holding at its current support level of roughly 2,800. Also on the show, Jason Browne of Alexis Invests said that the market has been going through a bear market within a secular bull market, and he said the bear -- which no one wanted to acknowledge -- is nearly done, leaving the market poised for an upturn as the rest of the bull market plays out. Beyond those two extended interviews, Chuck also talks with author and financial planner Clark Kendall about his new book 'Middle-Class Millionaires.'