Tuesday, February 4, 2014

Charles Nenner: This Is Not a Major Correction

by James J Puplava CFP
Financial Sense

Jim welcomes back noted technician Charles Nenner, Founder & President of Charles Nenner Research Center. Charles sees some risk to the markets into early February, but does not believe this is the start of a major correction. He believes the stock market should do well in the first half of 2014. Charles also doesn’t see the stock market as overvalued at the moment, but it would be if it rises another 10%. He sees bonds experiencing a bounce currently, which should top out soon. Also in this segment, Jim has this week’s Market Wrap-Up, filling in for Ryan Puplava. Erik Townsend covers the commodities markets and Rob Bernard has the Fixed Income Report.
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