S&P opens higher, preparing to assault Buy-signal that's been anticipated for past several weeks. NASDAQ tries to rally above 20-DMA; will likely outperform S&P over next weeks. Weekly Buy-signals are close to triggering Sell-signals, like in June or July. A 5% correction would not be surprising. Bonds & Stocks' correlation has been highest since 1999 -- which should not be the case. If Bond prices are moving up, 10-yr yields are moving down: Weaker yields have high correlation with weaker growth expectations, which will impact earnings expectations into 2022. 3 Minutes on Markets and Money hosted by RIA Advisors Chief Investment Strategist, Lance Roberts. _________ ➢ 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 _________ 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 #RIAadvisors |
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