Aug 19, 2022
Jeff Bishop, chief executive officer at RagingBull.com, says he that the market has rallied to a point where he is looking to take money off the table on the upside and starting to get short anticipating that areas like technology that have rallied the most off the lows are due for a fall as the current bear market rally starts to falter. Bishop acknowledges that he might be early, but he'd rather be ahead of the rally ending than riding it down. Also on the show, Roxanna Islam, associate director of research at VettaFi, discusses the construction of indexes of closed-end funds and the benefits to using them over individual issues, Milind Mehere, chief executive officer at Yieldstreet, discusses the current state of the U.S. housing market, and Juan Pablo Villamarin, senior investment analyst at Intercontinental Wealth Advisors, talks stocks in the Market Call.