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8-27-24 Overbought Conditions Set Up Short-Term Correction

Today's show is all over the place: Durable Goods take a big jump...unless you remove Aircraft. Astronauts stuck in space: Elon Musk to the rescue. Markets are overbought; risk remains in Carry Trade. Market correction will likely be short and shallow. What if: Nvidia's report tomorrow. Stocks are setting up for correction: Stocks on sale? Fallacies about the Dollar and where best to store currency. Viagra, Blue Chews, Him's/Her's: Demographics and the birthrate. Dating apps falling off a cliff. Demographics are destiny; the economics of dating. The family unit is the basis of the economy. The demise of society w/emergence of social media. Houston has a problem with scammers: Jonathan relates his daughter's recent run-in with the "Safe harbor Hotel" scam.

3:13 - Durable Goods, Stuck in Space, Overbought Markets
16:04 - Stocks Are Setting Up for Correction
30:25 - Blue Chews & Destiny in Demographics
45:25 - The Safe Harbor Hotel Scam

Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer
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Register for our Retirement Blueprint presentation:
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Articles mentioned in this report:
"Overbought Conditions Set Up Short-Term Correction"
https://realinvestmentadvice.com/overbought-conditions-set-up-short-term-correction/
"Signals Suggest Bulls Trump Bears…For Now."
https://realinvestmentadvice.com/newsletter/
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The latest installment of our new feature, Before the Bell, "The Correction Will be Shallow" is here:
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Our previous show is here: "Risk Management Still Matters"
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Get more info & commentary:
https://realinvestmentadvice.com/newsletter/
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#MarketCorrection #OverBought #Oversold #DurableGoods #Aircraft #Nvidia #ElonMusk #RiskRangeReport #USDollar #Currency #CarryTrade #Viagra #BlueChew #DatingApp #Demographics #Birthrate #DatingEconomics #SocialMedia #SafeHarborScam #Markets #Money #Investing
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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