Hightower Podcast: Collective Wisdom

Matt Harris, head of investment strategy at HighTower Wealth Management, says that there is a variance between how people are feeling due to economic, market and political headlines and how they are acting, which shows up in the price actions measured by technical analysis. Harris says that indicators like breadth, the spread of companies rising and falling and more are not typical of a market top or indicating a price drop over the next few months.