About this episode
(1/3/24) Markets bounced off the 20-DMA for the first day of trading for 2024, ending in the red. Pre-market futures are showing more downward pressure, particularly in high-tech names. The MACD sell signal was triggered, and there is evidence to suggest even lower prices to come. Markets are working on a break in the uptrend, and there is the possibility of a bigger correction, perhaps down to 4,500. Patience is the watchword this week, as a better buying opportunity emerges. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Register for our 2024 Economic Summit: Navigating Markets in a Presidential Cycle: https://www.eventbrite.com/e/ria-advisors-economic-summit-tickets-703288784687?aff=oddtdtcreator -------- 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=t0SP5r9WS3I&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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 #MarketCorrection #MarketReturns #TradingOpportunity #Markets #Money #Investing