Technical analysis is only one piece of the investment puzzle, but can provide important perspective on the bigger picture. Yesterday on CNBC, technical analysts Jordan Kotick of Barclays and Carter Worth of Oppenheimer were on to discuss the technical outlook for the market. Interestingly, both come to similar conclusions – this is not a new bear market:
Kotick:
Worth:
Source: CNBC
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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