(8/11/21) Markets hit an all time high, but didn't do much with it. Despite record earnings and good economic news, markets haven't gotten much traction, and in that process, money flows into the market are rapidly deteriorating and bringing us closer to a correctional period. A re-test of the 50-DMA and a break in that point would set up for about a 12% decline down to the 200-DMA--well within the context of time and duration. The decline in emerging markets continues, thanks to an uptrend in the Dollar. Small Caps and Mid Caps continue to underperform, as money migrates to hide in the bigger, highly-liquid names on the S&P, which are better for institutional risk management. Now is the time to shift to more domestically-focused companies. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/technically-speaking-a-test-of-the-200-dma-is-coming/ -------- 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/ #Fed #Bitcoin #Gold #Stocks #Trading #Rates #Money #Markets #Finance |
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