Monday, September 22, 2014

Technician Richard Dickson: No Signs of a Major Top – Supply and Demand Pressures in Balance

Also, Ryan Puplava With the Market Wrap and Erik Townsend on Commodities
TECHNICIAN09/20/2014
Jim welcomes back Richard Dickson, Chief Market Analyst at Lowry Research. Richard sees supply and demand pressures in relative balance, and no technical warnings of a major market top. He notes that the market is becoming increasingly more selective. Currently, the Consumer Cyclical and Financial sectors look attractive. Richard also notes that higher interest rates are not necessarily a bad thing for stocks. Also in this segment, Ryan Puplava has this week’s Market Wrap-up and Erik Townsend covers the commodity sector, with a particular focus on the oil markets and the strength of the U.S. dollar. 
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