Sitting down with AAP’s Chris Versace on this podcast episode is Jay Woods, Chief Global Strategist at Freedom Capital Markets, CMT Association Board Member, and former NYSE Executive Floor Governor. Chris and Jay have had many conversations about market dynamics and following the market’s strong November move, we’re sharing their latest back-and-forth. While Chris is a longer-term investor that blends fundamentals and thematics, Jay’s time horizon spans two to three months and as he shares, his focus is on price action. Different approaches but that makes for good conversations about the market and stocks.

During the conversation, Jay shares why the market rally has been a textbook example, why he sees the market strength continuing into 2024, and why he’s watching small-cap stocks as we start the new year. He also shares how he starts his top-down approach to looking at the market, and his prediction for which company is likely to see its shares ejected from the Dow Jones Industrial Average.