Money Life with Chuck Jaffe (Podcast Segment 11/23/2021)

David Wright, lead portfolio manager at Sierra, says that the market is currently so overvalued that it has a lot more downside room to run than upside. While Wright remains fully invested right now — and isn’t calling for a major reversal in the immediate future — he cautioned that investors should be looking to protect gains from heightened market volatility ahead by using stop-loss orders on their biggest and most risky positions.

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