About this episode
(2/2/22) Robust earnings reports are boosting market confidence--the bottoming process to October lows is holding up. Money flow buy signals are in, also supporting the market rally. Resistance will still exist around the 20- and 50-DMA. Markets have not completely healed themselves, but positive earnings reports coming out are a helpful salve. Google beat estimates, AND announced a 20:1 stock split. Advanced Micro Devices also delivered better-than-expected results, sister company NVDIA also doing well on chip demand. Botox maker Abbvie did not sag in its earnings announcement, and we expect this stock to break out to a new high today. It's important to remember that not all stocks respond to the index, and that's why we look for companies that can flourish during an inflationary environment. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/hard-assets-are-they-a-trap-in-the-making/ -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=2_vf2fP70jY&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... #MarketRally #Google #AMD #NVIDIA #Abbvie #Markets #Money #Investing