Tocqueville's Petrides: Buy the dips, we're close to the economic bottom

John Petrides, portfolio manager at Tocqueville Asset Management, says that the stock market has come back around to a good time for investors to buy the dips, largely because the market's decline last year did 'so much of the heavy lifting' to put stocks in a better buying position. While Petrides expects continued earnings contraction, he says 'We're probably closer to the bottom than we were at this time last year.' Also on the show, Tom Lydon, vice chairman at VettaFi picks a precious metals fund for a 200-day moving average play on current conditions, Meagan Dow, senior strategist at Edward Jones discusses the firm's recent survey showing that Americans are prioritizing financial wellness but aren't making much much progress toward it., and Burns McKinney of NFJ Investment Group, talks about buying value stocks in the Money Life Market Call.