10-21-24 Markets Hitting Brand New Records This Year
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Description
 Markets are hitting brand new records this year because they hitting levels which previously marked the peak of the market. Records are records for a reason. The seasonal buy signal was triggered last week, which typically suggests that markets will be high over the next six months, which is the seasonally-strong period of the year. That does not, however, mean that there cannot be a correction along the way. In fact, it should be expected: Markets are now up six-weeks in a row; a seventh consecutive week (this week) would make for a very long stretch. (We've done seven-weeks and eight-weeks before.) But eventually, a correction is going to occur, sometimes more deeply than others. Also, we're on a seasonal buy signal, but markets are already over bought on multiple levels. Markets can have a correction between now and the end of the year that will give you a better entry point. 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=bvjBMe7VWaU&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/ #MarketRecords #AllTimeHighs #MarketCorrection #MarketBullishness #Negativity #HigherHighs #UpwardTrendline #InterestRates #IsraelIranWar #BullMarketRisk #SeasonalBuySignal #CPI #CPITrigger #Inflation #MACD #MarketRally #MarketBounce #MarketRisk #Overbought #MarketBullishness #MarketVolatility #20DMA #50DMA #100DMA #InvestingAdvice #InvestingThesis #Money #Investing
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