About this episode
(2/13/23) Following a pretty strong market run since the beginning of January, over-extended markets have begun to see some weakness entering the picture. The rally, which has been fairly consistent, actually started back in October, with a few stumbles here and there. Markets look to open a little higher this mroning, but thekey thing to watch this morning is our Sell Signals, which have been good indicators of risk-on, risk-off. MACD and Money Flow indicators are triggering, also good indicators about weakness in the markets. This week's CPI report will have some bearing on markets: If it comes in hotter-than-expected, the Fed will be encouraged to remain aggressive in rate hikes, weighing on the markets' mood. Despite these notes, markets remain positive, and we see no reason at this point to be overly cautious. If, however, we break support at 4,000, we'll be having a different conversation. 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/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=-YyUJNXIg8c&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MarketCorrection #TechnicalSignals #BullishMarket #Markets #Money #Investing