(5/31/22) Markets are ending the month of May with a nice rally in the previous week--but can it last? There are still a lot of companies that are offsides in market allocations in terms of equities as well as in bonds--anyone with a 60/40 allocation is out of whack. Much of the remaining rebalancing will have to be accomplished in the final month of the quarter: June. Volatility, however, has not been suggesting the recent rally can stand. What are markets telling us? The bottom that has been building over the past several days continues to hold, allowing a triggering of the MACD buy signal. Markets are still in a very-defined downtrend; markets could rally back up to the 50-DMA--and if so, offer a great opportunity to reduce risk in portfolios. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ -------- 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/ #CounterTrendRally #MarketBottom 20_DMA #50_DMA #200_DMA #Markets #Money #Investing |
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