by Lance Roberts
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| (6/27/22) Markets rallied 6.5% on the S&P last week--was that the bottom? We won't really know until the dust settles from this week, with a $30-B rebalancing act coming as the end of June marks the end of the quarter. This regular "window-dressing" parade will add more buying pressure to the markets ahead of the first two weeks of July--which tend to be strong performers, historically. Caveat: Seasonality hasn't worked out too well for markets this year...2022 has had one of the worst starts to the year since the 1930's. However, over-sold market conditions are turning up; there is some support remaining for a rally. The target is between 3,900 and 4,000 at the 50-DMA. We're seeing the same set up for June that we saw in May, when a rally wiped out most of the losses. 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/ #BearMarket #WindowDressing #PortfolioRebalacning #MarketRally #Markets #Money #Investing |
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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