Markets' upside likely limited, per money flow signals... and have been for a month. S&P did hold 50-DMA on Friday (a bullish signal). NASDAQ, however, is much closer to triggering a Money Flow Buy-signal, struggling with resistance at the 50-DMA. Take note of correlation between Bonds and Stocks--at highest level since market peak in 2000, prior to DotCom bust. Bonds are predicting economic growth is nearing its peak, and sub-2% growth will return by next year, with inflationary pressures subsiding. Watching Stock/Bond correlation will provide clues to next inflaction point; Bonds say more about direction of economy than do stocks. 3 Minutes on Markets and Money hosted by RIA Advisors Chief Investment Strategist, Lance Roberts _________ Register for Candid Coffee: ➢ 5/22/21 8am (CT) - Candid Coffee: Financial Mid-Year Review Learn about the best accounts to save for healthcare, retirement, and emergency reserves. REGISTER here for this free/live event: https://zoom.us/webinar/register/6216201656274/WN_33C8T9JZSPuhc_x1VIASpw _________ ➢ Watch The Real Investment Show LIVE every morning on our Youtube Channel: www.youtube.com/c/TheRealInvestmentShow ➢ Listen to The Real Investment Show every morning on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757 ➢ RIA Newsletter: Subscribe to our free newsletter for market updates, analysis, financial tools and more: https://realinvestmentadvice.com/newsletter/ ➢ RIA Pro: 30 Day Free Trial: Sign up for in-depth analysis, research, portfolio models, and more: https://riapro.net/homeand more: https://riapro.net/home _________ GET IN TOUCH: Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN SOCIALS: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #3MinutesOnMarketsAndMoney #RIAadvisors #LanceRoberts |
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