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Podcast: Money Life with Chuck Jaffe
Episode: Lowry Research's Kahn: Now is the time to focus on the strongest names
Description: Michael Kahn, senior market analyst at Lowry Research Corp., says that the technical indicators that the market peaked several weeks, 'screaming overbought, screaming this is not the time to be buying if you are not going to be holding forever,' which has the market in a short-term downturn even as the long-term outlook is positive. He notes that in times like these with conflicting signals, investors can nibble and be selective buyers, but they want to stick to the best names with positive fundamentals that can be held in line with the longer-term positive forecast. Jon Maier, chief i...