A Technical View of the Markets on Market Wrap
Chris Vermeulen from The Technical Traders joins Moe Ansari on Market Wrap to discuss recent developments and technical analysis in the markets and precious metals. 3rd quarter earnings have been decent and holiday sales should be better than expected with social media companies like Snapchat leading the way. Financials continue to be the worst-performing sector and continue their bear market march to the downside. Precious metals have formed a strong bull flag pattern and with long-term headwinds such as never-ending stimulus and the dollar.