About this episode
Earnings estimates remain exceptionally optimistic, raising the question of whether consumer spending can sustain present levels (the source of earnings!) Investors should be careful averages, and remember that records are recrods for a reason. Why we're still expecting acorrection; we've had six strong weeks in a row, and a seventh is not out of the question this week. Lance looks at where earnings are really occurring (in the Mag-7 companies); what happens if those top 10% companies cease growing? Earnings expectations are what move market prices; why Wall St. is the "sell" side, and investors are on the "buy" side. Gold is very over-bought; deviated nearly five-times above moving averages. There's nothing "wrong" with markets now; the challenge for investors is buying stocks that may be "out of favor" currently. lamnce reviews JP Morgan report on the odds of the presidential election outcomes, and what happens if the odds shift? There is a distinct risk of a pre-election sell-off. What if there is a contested election? The market is a "hive" of intelligence, and knows more than you do. A brief review of our Technical Analysis techniques. SEG-1: Why We're Still Expecting a Correction SEG-2: Where Earnings Growth is Really Happening (and what happens if it stops) SEG-3: Earnings Expectations Are What Move Markets SEG-4: The Challenge of Buying What's Not In Favor Now Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=KNplygIR9HA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2475s ------- Articles mentioned in this report: "Q3 Earnings Estimates Remain Optimistic" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Markets Hitting Brand New Records This Year" is here: https://www.youtube.com/watch?v=bvjBMe7VWaU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "COLA Boost & Medicare Shifts: What You Must Know for 2025" https://www.youtube.com/watch?v=JBwvNBeq0Bs&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- 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/ #Q3Earnings #MarketOutlook2024 #StockMarketForecast #CorporateEarnings #AllTimeHighs #Gold #ConsumerSpending #MagnificentSeven #InvestmentStrategy #InvestingAdvice #Money #Investing