(11/9/21) Markets continue to eke out gains after 19-days of positive movement, now three standard-deviations above the 50-DMA to levels that normally precede corrections. Money Flow Sell-signals are in place, with money flows and MACD signals still remaining positive. We're expecting some pretty sloppy trading for the next week. Despite markets making new highs, the VIX us also on the rise, and we're about to see a surge in volatility as the market begins to correct--nothing major, but perhaps a 3- to 5-percent "relaxation." Other indications of real market speculation include the performances of AMD, NVIDIA, and Ford--trading at 4- to 5-times deviations from long term moving averages. We're resizing our portfolio positions in companies like these. What would Elon do?? - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... --------- 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/RealInvestme... https://www.linkedin.com/in/realinves... #MarketSpeculation #Volatility #MoneyFlows #MarketCorrection #AMD #NVIDIA #Ford #Elon Musk |
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