About this episode
(6/28/22) $30-Billion in rebalancing is at play this week as the end of June marks the end of the quarter, and fund managers have much to do in the way of "window dressing" prior to reporting their results by the end of the week. This has provided an upward bias to markets over the last few days, following last week's 6.5% rally. After essentially consolidating yesterday, S&P, Dow, and NASDAQ futures are positive ahead of the opening bell. Markets are expected to challenge the 20-DMA at the open, and above that there's resistance at the 50-DMA--the level at which markets consolidate back in late April. If the S&P can achieve the 4,000 level, that will be a good place to reduce risk in portfolios. 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 YouTube channel: https://www.youtube.com/watch?v=b7w2mnXFudY&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/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRally #WindowDressing #PortfolioRebalancing #Markets #Money #Investing