William Delwiche, investment strategist at Baird, said that technical analysis shows slowing action and suffering small-cap stocks even as the market itself nears new highs. He said if the market can't break through to new highs and confirm the bull market, it would raise a red flag that he expects would lead to a temporary setback. Also on the show, Ben Phillips of EventShares discusses investing based on government policies, Mark Hamrick of BankRate.com discusses the outlook around today's jobs report, and Simon Lack of the American Energy Independence fund talks energy stocks in the Market Call.
Money Life with Chuck Jaffe