by Lance Roberts
My articles My offerMy siteAbout meMy videosMy books
Follow on:TwitterSeeking AlphaFacebookAmazon
| (11/29/22) Merriam-Webster's Word of the Year: "Gaslighting," which is what markets have been doing to investors all year. The Fed, however, has been very clear about its intention to continue to hike interest rates to stem the surging inflation. And yet...and yet, markets have continued to rally on hopes the Fed will "pivot." Markets finally got the message Monday and sold off. With the 20-DMA and the 100-DMA now very close together, there is good support for markets just below current prices. This morning, futures are higher, but markets appear to be remaining within a consolidation range. The January effect will be helpful, but the opposite could also occur, especially if the Fed continues its present course to higher rates. Meanwhile, our MACD Sell Signal is getting close to turning lower, and this has been a good indicator of market direction all year long. The risk to markets may well be the Fed's next oracle on December 14th. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Gaslighting #FedPivot #InterestRateHikes #MarketVolume #MarketResistance #MarketSupport #MarketRisk #Markets #Money #Investing |
You Might Also Like
9 Things Every Retiree Should Do
2022-11-04
(11/4/22) The souring economy is causing corporations to take pause, cutting staff and dealing with increased cost of debt, thanks to interest rate hikes. We’ve been here before; it just feels worse now. Halloween recap, Thanksgiving inflation and making menu choices; the change in I-Bond rates: Still a good deal? No new toys for Christmas; do you need a family CFO? Planning ahead for end-of-life. Guidelines for lending money to family and friends: Be willing to lose what you’ve lent; put it in writing. End of Year checklist; 9 things every retiree should do.
3:10 – Companies Take a Pause
14:33 – Halloween Recap
17:29 – Thanksgiving Inflation & Menu Options
21:51 – I-bond Changes
30:28 – No Bling for Christmas
32:46 – Do You Need a Family CFO?
44:29 – Guidelines for Lending to Family &
Big Cap Companies Getting Spanked on Poor Earnings
2022-10-27
(10/27/22) As markets wrap up October’s business, the generals’ earnings reports are not at all encouraging: Meta’s was only okay, tempered by Mark Zuckerberg’s all-in bet on the future of the Metaverse. Markets did end higher than they started, but there remain two levels of resistance to overcome.
Why Americans’ Savings Rates Have Fallen Off a Cliff
2022-10-26
(10/26/22) October historically marks the markets’ low point for the year; we’re looking to hold on at 3,800, and “softer” language from the Fed next will help. Microsoft’s guidance is a disappointment, and Amazon’s AWS will, too.
Targeting 4,000 to 4,160 as We Head Into Jackson Hole | 3:00 on Markets & Money
2022-08-24
As predicted, markets finished lower on Tuesday, violating the 20-DMA and setting up markets for a moderate rebound today. 4,160 will be the new resistance level. If sell-signals remain in place through the end of the week, that will suggest more weakness in markets, and more downward pressure on prices.
“Moderation” is a Polite Term for “Recession”
2022-08-18
(8/18/22) It’s College Move-in Week; parsing the latest meeting minutes of the FOMC: Markets rally despite economic backdrop; why retail sales numbers aren’t what they seem: We’re spending more, getting less; the lag-effect of Fed policy; How FOMC Meeting minutes are "crafted" for release; Hawks and Doves: There’s something for everyone. Code words the Fed uses. Ice cream vs Bagels; Cheeseburgers vs salads; health in retirement; Gravity Payments CEO Quits; Entry level jobs/pay; minimum wage vs living wage; the problem with brining semiconductor production onshore; "Friend-shoring" to Vietnam; re-shoring of production to US is unfeasible; the false paradigm that everyone deserves a living wage; the minimum wage is actually zero–you’re paid what you’re worth. Why we have inflation: We
Market Correction Would Be No Surprise | 3:00 on Markets & Money
2022-08-16
(8/16/22) Markets have been on a rallying tear since May; unfortunately, these bull rallies do not have an unlimited life, and after ten-weeks of this action, markets are very over-bought, and at this point, historically, there have always been corrections along the way to re-test support. So a correction to about 4,000 on the S&P would be no surprise and would provide a decent entry point for adding a little more equity exposure to your portfolio – if, indeed, this is a trending bull market. The difference, this time, is where interest rates are now, as the Fed reduces its balance sheet. Interestingly, markets are behaving in much the same way as before, using a little hindsight bias to justify buying. The weekly technicals indicate a bullish market, but that’s on a short-term basis,
The Pandemic Effect (8/9/22)
2022-08-09
(8/9/22) Bemoaning the death of Olivia Newton-John and the loss of our youth; markets’ behavior because there’s no pressure on the Fed to pivot. Yet. Why flat beer may be the next thing: CO2 shortage, The Roberts’ Family vacation: Driving in Italy and Yacht price inflation; hypocrisy of Millennials decrying capitalism on iPhones; NVIDIA & Peloton performance: The post-pandemic effect; lower expectations reflect return to "normal;" factors that support higher market prices; a colder winter coming, per Farmer’s Almanac; why stocks are rallying on not-as-bad-as-expected information, and a look at the history of stock market rallies.
2:55 – No Pressure on the Fed to Pivot
14:13 – CO2 Shortages, Italian Driving Skills, and Mega-Yachts
30:13 – The Pandemic Effect
44:17 – The Farmer’s Almanac
Tags: Featured,newsletter
