Over the last two weeks, the bullish sentiment index has reversed from extreme greed to fear. While the index can indeed fall further, what is notable is the sharp reversal of market “exuberance” in such a short span. It would be unsurprising if the market failed this initial resistance test and ultimately retested the 100-DMA soon. Such a pullback would solidify that support and complete the reversal of the bullish sentiment index. Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor, Jon Penn, CFA Produced by Brent Clanton, Executive Producer ------- Articles mentioned in this report: "Bullish Sentiment Index Reverses With Buybacks Resuming" https://realinvestmentadvice.com/bullish-sentiment-index-reverses-with-buybacks-resuming/ "Sucker Rally Or The Return Of The Bulls" https://realinvestmentadvice.com/newsletter/ "Retail Sales Data Suggests A Strong Consumer Or Does It" https://realinvestmentadvice.com/retail-sales-data-suggests-a-strong-consumer-or-does-it/ ------- REGISTER for our next Lunch & Learn: "Transitioning to Medicare" https://realinvestmentadvice.com/evrplus_registration/?action=evrplusegister&event_id=49 ------- The latest installment of our new feature, Before the Bell, "Are Markets Building a New Bullish Trend?" is here: &list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Are You Prepared for Higher Taxes?" &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- 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/ #MarketPerformance #ElectionYear #FOMCMeeting #InterestRates #JeromePowell #EmploymentReport #SuckerRally #RetailSales #EarningsSeason #ArtificialIntelligence #AI #Shipping #Labor #FutureOfWork #Markets #Money #Investing |
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