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Asbury's Kosar: Stuck between levels, beset by cross-currents, market remains in a bullish trend

Asbury's Kosar: Stuck between levels, beset by cross-currents, market remains in a bullish trend

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

August 16, 20191h 0m

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Show Notes

John Kosar, chief market strategist at Asbury Research, said that while the market is stuck between a major support level of roughly 2,800 and resistance at 2,950 on the Standard and Poor's 500, it remains in a bullish trend, which he expects to resume after economic cross-currents like trade wars, the inverted yield curve and slowing global growth are worked out. Also on the show, Tadas Viskanta of AbnormalReturns.com discusses who, if anyone, is trustworthy these days in the world of online financial advice and commentary, and David Snowball of MutualFundObserver.com chats about fund investing in an extended Market Call.