About this episode
Markets will open lower this morning on continued inflation fears and the Fed's more hawkish stance. BUT...stocks have been really over bought and over deviated: Remember in December we were talking about over deviated stocks and the need for a correction. So now, selling pressure is continuing to revert that overbought condition, and so a correction should be no surprise. If markets do not recover today (we're right on the 100-DMA), there really is no additional support until markets go significantly lower towards the 200-DMA. That being said, it's not going to take s lot to create a bit of a rally. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=CoFcgImM--k&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://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/ #InflationFear #HawkishFed #MarketCorrection #JanuaryBarometer #DMACrossOver #DownwardPricePressure #MarketRisk #OverBought #OverSold #100DMA #200DMA #MarketSupport #MarketCorrection #MarketRally #Expectations #MarketIndicators #InvestingAdvice #Money #Investing