Staples & Consumer Discretionary Sector Is Expensive; Focus on Tech
Investors are looking for the next big catalyst to move the markets higher or lower.
Stocks continue to trade in a narrow range. On Monday, the S&P 500 closed ahead three-tenths of a percent, which was enough to push the broad index to a record high, for the third consecutive trading day. Investors now are looking for the next big catalyst to move the markets higher or lower. TheStreet's Scott Gamm speaks with Kevin Kelly, chief investment officer at Recon Capital Partners to discuss the next markets event that will move stocks, from second-quarter earnings to the Federal Reserve's looming policy shift. Kelly also shares insight on where to find value in today's crowded markets.
