About this episode
Markets have enjoyed a 4.5% rally over the past five days, clearing the 100- and 20-DMA, and now right at the 50-DMA: Markets are now back on a buy signal and investors will challenge that 50-DMA today. If we can hold above the 50-DMA through Friday, this correction is over. At least, for now. One key element driving this rally: Share buy backs, and that window closes again in September. What will happen during the seasonal period of de-risking as buyback activity goes away as we go into the Election? Meanwhile, Bond Yields are starting to come back down following inflation reports showing a downward trend and inferring the Fed will start cutting rates. Crude Oil has had a decent rally, and there are a tremendous amount of shorts on oil prices. There is a potential risk for higher oil prices going into the Fall and the Elections; Energy stocks have been doing "okay;" we're being cautious with Energy. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=azi3cmQKk54&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- 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/ #MarketCorrection #MarketRally #ShareBuyBacks #100DMA #50DMA #20DMA #BondYields #CrudeOil #EnergyStocks #2024Election #MarketBullishness #MarketCorrection #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing