Morning Stock Talk - Detrick: Look at the big picture
The market is off to its best start in years, and a couple of factors get the credit, says Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. Detrick tells MarketWatch Radio's Larry Kofsky that "you could say the market is overbought in the near term," but stocks are gaining on "the bigger picture." Says Detrick, "you've got this earnings season kicking off so far, so good, and Europe finally is starting to have some decent news." Download this Podcast (Duration: 00:04:46, Format: *.MP3) Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know.. |