Chief Market Strategist John Kosar, CMT, was interviewed on Thursday, December 2nd by Chuck Jaffe of Money Life. Money Life is a daily financial talk show focusing on investing, handling, managing, planning for, and protecting your money.
John says investors who have been conditioned to buy every stock market decline may want to be patient with current volatility as the market negotiates important underlying support levels. He worries that investors could sell now, only to have support hold up so that investors actually are getting out at the bottom ‘and two weeks later they’ll be pulling their hair out:’ Kosar says the current decline should not be sold until the market moves a bit lower. Listen to the podcast to get the exit price levels John and Asbury Research are watching.
Listen To The Podcast
Click Here or call 888-960-0005 to request information about the services Asbury Research provides for both professional and individual investors.