TheStreet Stocks & Markets Podcast #7: Wash, Rinse and Repeat With Bob Lang
Technical analyst Bob Lang joins Chris Versace to discuss continuing market volatility, heeding the technicals, Costco and Nvidia earnings, and reasons to be bullish on bank stocks.
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In this week’s Stocks & Markets Podcast, TheStreet Pro contributor Bob Lang joins Pro Portfolio manager Chris Versace to discuss the market’s current technical setup, including why he is focused on the S&P 500 MACD indicator. The two run through recent trade developments and explain why they expect market volatility will remain as we move through the balance of the current quarter and into second-quarter earnings season.
Chris and Bob also prep listeners for this week’s earnings from Costco COST and Nvidia NVDA, including where the technicals support a potential pick up of NVDA shares.
In answering TheStreet Pro member questions, Bob explains why he utilizes the Chaikin Money Flow (CMF) indicator for stocks and the markets, the importance of re-testing technical support levels, and why he’s bullish on the banks into the second half of 2025.
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At the time of publication, TheStreet Pro Portfolio was long COST and NVDA.
