by Lance Roberts | Jun 18, 2022 | alerts, Markets/Economy, Real Investment Advice
Down Again, Another Tough Week As we noted in last week’s update: “Our concern was that the longer the market remained in a tight trading range, the risk of a failed rally increased. While there was certainly room for the market to break to the upside, the multiple...
by Lance Roberts | Jun 14, 2022 | alerts, Markets/Economy, Real Investment Advice
An “economic hurricane” is coming. That ominous warning comes from Jamie Dimon, CEO of J.P. Morgan Chase. “I said there were storm clouds. But I’m going to change it. It’s a hurricane. Right now it’s kind of sunny, things are doing fine, and everyone thinks the Fed...
by Lance Roberts | Jun 11, 2022 | alerts, Markets/Economy, Real Investment Advice
Rally Fails Last week, we discussed how the reflexive rally that started mid-May ran into resistance at the first levels from the recent low. To wit: “While the market did clear the 20-dma, the “trapped longs” headed to the exits at the initial 38.2% Fibonacci...
by Lance Roberts | Jun 7, 2022 | alerts, Markets/Economy, Real Investment Advice
Investors are terrified. Such is what you would assume from recent mainstream media headlines and CNBC’s continuous run of “Markets In Turmoil.” There are also plenty of indicators suggesting that retail investors are terrified about financial markets. For example,...
by Lance Roberts | Jun 4, 2022 | alerts, Markets/Economy, Real Investment Advice
Market Fails At First Resistance As discussed last week, a rally finally took hold as investors found reasons to be bullish. That rally pushed the market above the 20-dma and triggered a reasonably strong “buy” signal. However, despite the optimism of the bulls, we...
