A review of the major markets, as the S&P is back on a money flow "buy" signal, and MACD's have already turned positive, giving a short-term upward bias to markets. Upside to markets, however, remains limited. NASDAQ has been The Story lately, on a buy signal, and playing "catch-up" with the S&P. Now on a very high-level "buy" signal, and that means a bigger risk of correction. Both markets have been on a positive trend for five-months in a row without any type of corrective action--that's a long time, and correction is over-due. The Dow has been one of the laggards, with money flows fairly negative. Watch for catch-up action in following S&P & NASDAQ. Small and Mid-Caps not making much ground, thanks to realities of economic strength/weakness. Emerging Markets are very susceptible to rate of economic growth; International stocks have not been playing well, either. Watch flight to safety out of equities and into treasuries. 3 Minutes on Markets and Money hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO _________ Articles mentioned in this report: ➢ Technically Speaking: Warnings From Behind The Curtain https://realinvestmentadvice.com/technically-speaking-warnings-from-behind-the-curtain/ _________ ➢ Watch The Real Investment Show LIVE every morning on our Youtube Channel: www.youtube.com/c/TheRealInvestmentShow ➢ Listen to The Real Investment Show every morning on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757 ➢ RIA Newsletter: Subscribe to our free newsletter for market updates, analysis, financial tools and more: https://realinvestmentadvice.com/newsletter/ ➢ RIA Pro: 30 Day Free Trial: Sign up for in-depth analysis, research, portfolio models, and more: https://riapro.net/homeand more: https://riapro.net/home ➢ Financial Survival Guides: Free must-have finance and tax planning strategies in unprecedented times: https://realinvestmentadvice.com/financial-survival-guides/ _________ REGISTER for Upcoming Events: ➢ 'Long Term Care' Lunch & Learn [July 8, 2021 at 12pm CT]: https://riaadvisors.com/evrplus_registration/?action=evrplusegister&event_id=49 ➢ Candid Coffee: Financial Independence Edition [July 24, 2021 at 8am CT]: https://riaadvisors.com/evrplus_registration/?action=evrplusegister&event_id=50 _________ GET IN TOUCH: Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN SOCIALS: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #3MinutesOnMarketsAndMoney #LanceRoberts #StockMarket |
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