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| DESCRIPTION: "(11/30/21) Despite Monday's rally, markets are still in correction mode, and the Omicron variant is providing the "excuse" for correction to occur. It's important to note that Friday's decline, in a half-day of light-volume trading, was followed by a Cyber Monday rally in a full day of activity, with only half the volume of Friday's rout. The Omicron variant is still a source of concern this morning. This consolidation and correction has been expected--all that was needed was a catalyst. Enter, Omicron. Money flow indicators are beginning to flatten, signaling an end in sight for this correction. Look for support between recent lows and the 50-DMA. More near-term weakness is expected, setting up for a Santa Claus Rally. Check your list of naughty and nice stocks for the end of the year...and remember, fundamentals still matter. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Register for our next Lunch & Learn: &list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- 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/RealInvestme... https://www.linkedin.com/in/realinves... #MarketCorrection #Omicrom #BlackFriday #CyberMonday #MoneyFlowSignals #Markets #Money #Investing |
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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