by Lance Roberts
My articles My offerMy siteAbout meMy videosMy books
Follow on:TwitterSeeking AlphaFacebookAmazon
| (10/3/22) Stocks wrapped up September by selling off to new lows for the year, begging the question: Are markets ready for a rally? Markets are extremely deviated from long term means, which historically tend to be opportunities for reflexive rallies, which equal opportunities to reduce risk. Markets are over-sold from their 200-DMA; we think markets will rally back to the 3,800 or 3,900-level on the S&P, re-testing the down trend on the 200-DMA. This happened in 2008, before the Lehman fiasco. There are ways to trade such rallies, but keep an eye on the 200-DMA, because that's the point where you'll want to reduce risk. 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/ #InvestingAdvice #ReflexRally #200_DMA #Lehman #KimKardashian #SEC #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
11 pings
Skip to comment form ↓