ChartPattern's Zanger: Ride out the trends in this 'selective market'

Dan Zanger, chief technical officer at ChartPattern.com, says he expects the fall to play out the way it has historically, suffering through September and into October before starting a rally into the end of the year. He says the market has struggled since Fitch Ratings downgraded the credit rating of the United States, but that it has also created opportunities where an investor who dials down and gets into specific trending names can ride out the hot streaks while the broad market gets through the doldrums. David Teppe of Tepper Capital Management talks about four of the oldest, most classic closed-end funds and how he has used them for decades, and why he likes them now when they are bringing that long-time consistent performance at a significant discount. Jenn Tracy discusses an IPX1031 study showing that identity theft issues have hit nearly one-third of Americans, and Stephen Dodson of the Bretton Fund covers 'value business investing' in the Market Call.