(8/2/22) Markets are set to open lower today following a strong July; negative sentiment and negative positioning by managers set things up for the strong rally, similar to activity we saw back in March. Could the pattern then be replicated in August? It is now critical that markets hold support at the current 50-DMA. Historically, the month of August tends to be weaker for markets, and September isn't that great, either. Meaning, we've got about two months' worth of seasonal weakness. But by the time we get to the seasonally-stronger months of October and November, the first of the Fed's rate hikes will have hit the economy. The risk will remain from high inflation, slower economic growth, and a still-aggressive Fed as we head into the end of the year. 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/ #MarketSellOff #NegativeSentiment #FederalReserve #RateHikes #Recession #Markets #Money #Investing |
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