Markets sold off towards the 20-DMA on Monday and Tuesday, as part of the portfolio rebalancing that normally occurs this time of year. Under-performing and under-weighted stocks have had rallies over the last few days, even as the rest of the market was selling off. Markets did see a bit of a bouce on Wednesday as managers bought and sold to achieve equilibirum. There are probaly another three or four days' worth of this kind of activity, so more sloppy trading to come. The Fed's aniticpate rate-cut announcment next week will set the stage for a nice Santa Claus rally into the end of the year. The rally between where we are now and the end of the year is about 1%. There is a lot of optimism about 2025. There are also many manager who are behind the curve, so they're going to be pushing to make up for lost time. That DOESN'T necessarily mean that HAS to happen. Markets are still over-bought at this point, and flirting with a sell signal. There is still moderate risk. 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=Yxcoj_-jaAY&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/ #MarketRally #SantaClausRally #MarketExpectations #MarketVolatility #VolatilityIndex #WindowDressing #MarketTrend #PortfolioCleanUp #MarketExuberance #OverBoughtMarket #SP500 #MarketPullBack #MarketConsolidation #MutualFundDistributions #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing