by Lance Roberts
My articles My offerMy siteAbout meMy videosMy books
Follow on:TwitterSeeking AlphaFacebookAmazon
| (8/17/22) Markets are already up 17% from the last lows, making for an incredible run-up and an about-face from mid-July's pessimism to the current state of euphoria. Two things to keep in mind today: The most recent FOMC Meeting minutes will be revealed, with many looking for a more dovish slant from the Fed, anticipating a stall in rate hikes sooner than later. Markets are now two standard deviations above the 50-DMA, and markets will have difficulty remaining at that level without some reversion TO the average or BELOW the average. When that occurs, a better buying opportunity will present itself. It will be important for stocks to hold support at whatever level its reversion establishes; if not, markets will break below that point, and the media will trumpet the return of a bear market. 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/ #FOMC_Meeting_Minutes #Dovish_Fed #Interest_Rate_Hikes #Bull_Market #Bear_Market #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.
Tags: Featured,newsletter
10 pings
Skip to comment form ↓