Stocks Remain Overbought. Will Poor Earnings End The Rally? | Lance Roberts & Adam Taggart
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Stocks hit new all-time highs this week and despite being very overbought, momentum is still higher.
What could end this rally is the upcoming earnings season, cautions portfolio manager Lance Roberts.
Profit growth estimates are EXTREMELY optimistic right now. If they disappoint, a reversal could be fast & furious.
Lance and I talk about that, the recent Fed guidance, the weak jobs market, and do a detailed walk-though of Lance's new & improved SimpleVisor service in this week's update.
SIGN UP FOR SIMPLEVISOR OR SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#unemployment #federalreserve #investing
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