Market Seasonality: Welcome to May | Three Minutes on Markets & Money [5/3/21]

NOTE: Watch the video version of this report by subscribing to our YouTube channel: http://www.youtube.com/c/TheRealInvestmentShow (5/30/21) Beginning of May is the start of the seasonally-weaker months of the year; markets have not gone anywhere, remaining range-bound over the past several weeks. Upside movement today is very likely, and may trigger buy signal. Prices will have a positive bias over the next several weeks. Note, deviations from long-term means and 50-day and 200-day supports are substantial, and will create some "gravitational pull" to prices. Daily buy signal will correspond to continued weekly buy signal (April's run up was +5%!), but that large deviation suggests a weaker upside moving forward. Be attentive to these shifts, and to your exposure to risk. 10% corrections during the summer are a distinct possibility. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- 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/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stocks #Money #Finance