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Podcast: Money Life with Chuck Jaffe
Episode: Lowry's Kahn: 'The major trend is up.' Ride the trend
Description: Michael Kahn, senior market analyst at Lowry Research Corp., says that there are plenty of minor, nagging concerns about the market, but the major trend is up "and until there is evidence such as falling breadth or deteriorating volume" and more, investors should ride the trend higher. Kahn notes that the Magnificent Seven -- which have led the market higher -- have gone up so much that any bad news for them "could be a real problem" that would drag the index down, but there are other opportunities worth pursuing as part of the current rally. The show also fe...