(12/22/20) Pork Sandwich Tuesday w passage of latest stimulus bill; markets hold on to November's breakout. Money flows are turning lower, suggesting more downside pressure. More upside bias may appear as fund managers "window dress" portfolios before year's end. Stocks are elevated above 20- and 50-DMA, giving plenty of fuel for correction. - Chief Investment Strategist Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/technically-speaking-charting-2020-a-year-of-speculative-mania/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- 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 |
Tags: