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Talon's Grimes: Position aggressively in the direction of a strong upside move

Talon's Grimes: Position aggressively in the direction of a strong upside move

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

August 13, 202158m 48s

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Show Notes

Technical analyst Adam Grimes, president of Talon Advisors, says that he is generally bullish about the market right now, and that it 'would take a lot' to make him move to the short side and bet against the market. Instead, he anticipates a strong market move to the upside and says investors should be moving money aggressively to take advantage of buying opportunities. Also on the show, Mike Taggart of Taggart Fund Intelligence discusses the current state of closed-end fund consolidations and how two ongoing deals aren't particularly good for shareholders, and yet those individual owners have mostly allowed the deals to continue. And in the Market Call, Sandy Villere III of the Villere Funds talks about how he is maintaining balance -- and holding a little more cash than normal -- given current market conditions.