About this episode
(7/26/23) Markets are on the verge of breaking out to new, 52-week highs, thanks to mega cap companies' sterling earnings reports...and the fact that markets never really retraced back to the 20-DMA. Markets have retained the MACD buy signal. However, once the big cap party ends, there may be a better opportunity for a pullback/correction. Gravity has to pull stock prices back down from excessive deviations from the moving averages. The unanswered question will be, what's the cause of the reversal? 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=Ppk8LAZyLus&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 #EarningsSeason #MegaCap #50DMA #100DMA #200DMA #BullMarket #MarketCorrection #MarketVolatility #Money #Investing