4-15-24 Is Now the Time to Sell?
Listen now
Description
Markets last week failed at the 20-DMA, and began to test the 50-DMA as momentum began to slow. The narrow trend channel had begun weakening, and the break in the 20-DMA was the first crack to appear in the market's bullishness. The question now is: Do you Sell? By the time markets have confirmed a sell signal, they're already oversold. Don't forget that we're still in the seasonally strong period of the year, and we're moving into what is likely to be a fairly good earnings season. So don't over-react; use whatever rally we get today or tomorrow to rebalance risk in your portfolio. Move slowly and avoid knee-jerk reactions. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=bpOOSOWZewk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #OversoldMarket #RebalancingRisk #BreakTheTrendline #MarketSupport #MarketCorrectionComing #MarketTrendChannel #20DMA #50DMA #200-DMA #InvestingAdvice #Money #Investing
More Episodes
Apple's results + the Biggest Buyback Ever: Are iPhones becoming a high-tech toaster? Labor/Jobs Report preview; what the Fed may do. It is surprising the market is now down more than 5%. This has been a government-driven economy. Janet Yellen is a Marxist. Who will win the tax cut battle? We'll...
Published 05/03/24
Market volatility returns amid earnings season, with McDonald's, KFC, and Starbuck's reporting weak earnings, suggesting tru impact of inflation on consumers, wjho are becoming more price-conscious. Markets perform a pump & dump on Wedesnday, with stock retesting the 20-DMA...and failing....
Published 05/02/24