The Real Investment Show Podcast

6-17-24 Corrective Action is Inevitable


Listen Later

Markets have continued to grind along the 20-DMA. Nothing seems to be wrong, and markets are back to extremely over bought conditions. Upside has been limited, with small gains being made in markets that are very deviated from the 20- and 50-DMA. Corrective action is inevitable to relieve some of the over bought conditions.This has been a very narrow rally, with performance only in the top-most tier of stocks vs the rest of the market; there's a very big gap in performance. More and more stocks are not trading above their 50-DMA. Narrow breadth does not mean we're going to have a massive correction; it just means that fewer and fewer stocks, by virtue of their weighting in the index, are pulling the market higher.  So pay attention to breadth; it is important, and it's getting weaker. 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=hU7Wh4i51TE&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 --------
...more
View all episodesView all episodes
Download on the App Store

The Real Investment Show PodcastBy Lance Roberts

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

45 ratings


More shows like The Real Investment Show Podcast

View all
Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

587 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,069 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

933 Listeners

Hedgeye Podcasts by Hedgeye Risk Management

Hedgeye Podcasts

201 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

358 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,032 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

461 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,353 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

380 Listeners

Forward Guidance by Blockworks

Forward Guidance

272 Listeners

The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

The Macro Trading Floor

213 Listeners

The Julia La Roche Show by Julia La Roche

The Julia La Roche Show

54 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

363 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

36 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

92 Listeners