Markets' Rocky Start to Q4 | Three Minutes on Markets & Money 10/6/21

NOTE: Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=ev7i2qOydEI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=75s (10/6/21) What does the Markets' rocky start to the month mean for your money? The good news is markets remain very over-sold, and volume has been evaporating as markets consolidate above support. The bad news is that volatility in the downtrend continues; more than 90% of S&P stocks have had a 10% correction. The ugly part is that a head & shoulders pattern is forming at the 200-DMA, and if we do break below the neck line at the 200-DMA, there is a disticnt risk of lower equity prices and a reduction overall portfolio risk. The sharp rise in interest rates has been the undermining factor in the rally of late, thanks to concerns over the debt ceiling and potential defaults on bonds. Traders have been short Treasuries of late, leading to a rise in rates. The topping process in rates suggests lower rates and higher bond prices ahead. Lower rates should provide some lift for stocks--all coming after the debt ceiling is passed. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/technically-speaking-bears-gain-control-as-market-fails-resistance/ -------- 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/ #BearMarket #ContinuingResolution #EquityExposure #InterestRates #PortfolioRebalancing #SpendingBill #MarketLiquidity #Stocks #Trading #Rates #Money #Markets #Finance