(7/25/23) All moving averages are now sloping higher, putting a very bullish perspective on markets (the slope of a moving average is what tells you the trend of the market). However, deviations from these moving averages are extreme, so a correction is inevitable; but we don't expect to see that until after earnings reporting has concluded. Interestingly, stocks for companies that are beating estimates are not being rewarded, generally. This would indicate that what is now happening in the market has already been priced-in. Regardless, the deviations from the averages are unsustainable over time, and a correction will happen. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=QAGiPKsAnhU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #EarningsSeason #UpwardTrend #TrendLine #50DMA #100DMA #200DMA #BullMarket #MarketCorrection #MarketVolatility #Money #Investing