Stocks May Cool Off For A Bit After Best Week Of 2024 | Lance Roberts & Adam Taggart

Thoughtful Money with Adam Taggart

Conteúdo fornecido por Adam Taggart | Thoughtful Money. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Adam Taggart | Thoughtful Money ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

23d ago 1:41:30

MP3•Home de episódios

The Dow just had its best week of 2024.

And the S&P remains on a tear higher from its mid-April lows.

As a result, looking at short-term conditions, stocks have quickly returned to overbought conditions, says portfolio manager Lance Roberts.

It's likely they'll have a cooling off period over the coming week or two.

Expect a retest of the 50 daily moving average. If that holds, that's a very bullish sign that new all-time highs may not be that far away.

Lance and I walk through the charts, as well as discuss the late-breaking consumer sentiment and jobs data, the wisdom of Freddie Mac's proposal to enter the home equity market, and, of course, his firm's latest trades.

For everything that mattered to markets, watch this week's Market Recap.

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#investing #stocks #jobsreport

118 episódios

#Trading #Business #Adam Taggart | Thoughtful Money