(8/25/21) Nice market rally off the 40-DMA, but volume is dropping like a stone: Buyers are not really in the market. Following yesterday's highs, we expect markets to staganate somewhat. Meme Stocks are back in play: GameStop finding signs of life, AMC Theaters had a big day, and Robinhood, the new poster-child for meme stocks, had a nice run-up on the day. As volumes dry up, retail movement slowing, and confidence waning with a lot of sector rotation...these are signs of a later stage in advances in preparation for a correction. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- 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 #MemeStocks #AMC #Robinhood #GameStop |
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