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Podcast: Money Life with Chuck Jaffe
Episode: Veteran technical analyst says 4th quarter is defining how 2024 will turn out
Description: Long-time technical analyst Gene Peroni of Peroni Portfolio Advisors and Advisors Asset Management says that -- while many people look at the market's returns in January and expect them to dictate the year -- he believes the current rally is setting the stage for 2024, showing the market's resilience. He is re-setting support levels to the market's July summer highs, and he thinks that it will keep bouncing back, making the market outlook for the year ahead pretty solid. Also on the show, John Cole Scott, president of Closed-End Fund Advisors, looks back at how the closed-end fund industry bounced b...