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Technician Louise Yamada: It’s A Very Difficult Market−You Don’t Want To Be Short

by James J Puplava CFP, Financial Sense:

Jim is pleased to welcome back noted technician Louise Yamada from LY Advisors in New York. Louise points out that individual Dow stocks are breaking out of long term consolidation, and that dividend-paying stocks still offer the best investment opportunity. She believes the “risk off” trade is still in charge, and telecom and utilities remain strong sectors. Louise also believes gold has to break $1640 to get to the next level. In addition, Ryan Puplava has this week’s Market Wrap-up and Rob Bernard discusses interest rate issues in this weeks Fixed Income Report.


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