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Dow 35,000–How Significant Is It, Really? | Three Minutes on Markets & Money [7/13/21]

(7/13/21) The Dow nearly notches a close abouve 35,000--so what? Markets haven't gone anywhere since May. Probably upside is limited. Earning Season now commences: What's supporting prices at current (record-high) levels? Why are expectations so elevated? This will be the peak; market breadth has not been compelling, driven mostly by FANNG stocks, with underlying deterioration underway. A correction back to 50-DMA by the end of July would not be out of the question.
- Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts
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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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