Market strategist Lawrence McDonald of The Bear Traps Report, says that we're living through a 'blood-curdling bull raid, where the bulls are devouring the shorts,' and he says that historically that kind of action happens near market tops. He says the risk-reward balance looking out six months is 'pretty poor.' McDonald also discusses the GameStop situation, as does technical analyst Mark Newton of Newton Advisors, who talks about how the volatile market action shows up in and impacts the technical indicators. Also, Jeff Zananiri, head trader at JoyoftheTrade.com is in talking pairs trades and more in the Market Call.
Money Life with Chuck Jaffe