(7/21/21) Earnings Season commences with a lot of exuberance because of comparisons to Q2-2020, and associated explosions in growth rates. More important, the look-out for earnings going forward, as corporate earnings undergo pressure. Markets are looking for some justification for over-paying for assets. Market rally was decent, but limited; as we enter back half of July, we could see a correction. The current set-up is similar to the patterns seen in April, with sell signals at high levels with positive money flows, resulting in market stagnation before correction. The only thing lacking now is a sell-signal on the MACD side. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/macroview-bond-yields-send-an-economic-warning/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- 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/ #Stocks #Money #Finance |
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