About this episode
(11/20/23) Back in July we noted heightened market complacency following a run up into the Suymmer, and that we were due for a correction of between 5- and 10%, which would be absolutely normal in any given year. The market subsequently peaked, and then declined into October for a 10.3% correction. THe follow up rally cleared all the moving averages, and are now strugling with September's highs, holding out at about 4,500, which is a good level for resistance. Markets are now exptremely over bought on all fronts, suggesting that between now and next week, we'll get some type of a pullback, and that will give you a better entry point. 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=VqHz--Lwcy0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Complacency Seems Overly Complacent" https://realinvestmentadvice.com/complacency-seems-overly-complacent/ ------- 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/ #InvestingAdvice #MarketConsolidation #MarketPullback #Markets #Money #Investing