Markets continue a pattern of opening weakly, enticing buyers in the afternoon, and closing higher on the day. Markets on Tuesday completed a nice rally, breaking above a previous line of resistance. Markets will again today have a weak opening after six-straight days of advances, but we expect another round of late afternoon buying. Markets have had a 19% drop, peak to trough, followed by a 50% retracement. If you were nervous at the bottom of the decline, NOW would be a good time to shed risky investments, take profits, and rebalance your risk during these rally moments. Interest rates look to be heading back down; oil prices are also falling.
Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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Articles mentioned in this report:
"A Rare Zweig Breadth Thrust Provides Optimism"
https://realinvestmentadvice.com/resources/blog/a-rare-zweig-breadth-thrust-provides-optimism/
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