About this episode
4/6/22) Tuesday's market sell-off was not too surprising, as markets retraced from over-sold positions to "over-boughtedness." As markets open down this morning, the 50-DMA will be challenged--and that needs to hold, at least for the moment. Even though markets are currently over-sold, a very clear sell-signal remains. Two choices beckon: either trade along the 50-DMA for a few days, working off the over-bought condition; or, violate the 50-DMA, and re-test previous lows. Either outcome will reduce the over-bought conditions. Meanwhile, Bonds remain under pressure, thanks to the Fed's Lael Brainard's recent comments about a need to taper the Fed's balance sheet more quickly. Bonds are over-sold, and holding onto support at recent lows. As market weakness continues, don't be surprised by some correctional action in the stock market, generating some buying into the bond market. -------- Articles mentioned in this report: https://realinvestmentadvice.com/bear-squeeze-or-return-of-the-bull/ -------- 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=EfGDBry9KtM&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 #MarketCorrection #FederalReserve #RateHike #QuantitativeEasing #Tapering #Markets #Money #Investing