New Constructs' Trainer says 3 big-name stocks are headed for trouble

Money Life with Chuck Jaffe

David Trainer, president and founder of New Constructs puts technology giants Amazon, Alphabet and PayPal in the Danger Zone this week, noting that the companies are among the companies in the Standard and Poor's 500 that are most likely to miss earnings estimates for the upcoming reporting season, thanks to investments in other companies that ultimately distort their financial picture. Also on the show, Chad Moutry discusses the findings of the July Economic Outlook survey released today by the National Association for Business Economics, author Christopher Cox talks about his book 'The Deadline Effect' and offers suggestions for how procrastinators -- like Chuck -- can get things done before the last minute, fixed-income manager Jerry Paul of ICON Advisers stops by for a bonus NAVigator talking opportunities for yield in closed-end funds, and Chuck answers an audience-member's question on federal account protections.