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Podcast: Money Life with Chuck Jaffe
Episode: Analyst Brown sees the bull market at a seasonal turning point
Description: Scott Brown of Brown Technical Insights says that the market traditionally is weak during the first quarter of a new presidential cycle, but he notes that the third week of March is also when that tends to change and the market reaches the bottom of that cycle. He says we're still in a secular bull market, with April and May historically providing some runway. As a result, Brown expects a bounce and says "It's not the time to be turning negative now," though he notes that if the seasonal rally fails to materialize, then conditions could be weaker than...