Premium Only Content
Have We Reached the Bottom Yet?
(7/20/22) We haven't seen investors THIS negative since 2008--does this suggest we're nearing a market bottom? This is not then: We're running the highest inflation rate in 40-years, the Fed is tightening its balance sheet AND hiking interest rates. What do the technical charts tell us? Markets are oversold by two standard deviations from the 50-WMA--but not as bad as in May, or March 2020, or in early 2016, pre-Brexit. The MACD indicator is very low and starting to turn positive. Other oversold indicators are behaving similarly and starting to turn up as well. This COULD set up for a decent, tradable rally. A longer perspective, back to 1994, illustrates market behavior following the Dot-com crash of 2000, the financial crisis of 2008, Brexit in 2015-16, the March 2020 pandemic sell-off, and the Fed taper tantrum of 2018--all compared to the bear market sell-off we're experiencing now. It is key to note the declines are smaller in magnitude going forward--but over-sold indicators did not register extremes like we're seeing now. So, yes, we could be seeing the starts of an intermediate term bottom in the market--but it's still too early to jump into the market with both feet.
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 YouTube channel:
https://www.youtube.com/watch?v=d-vvRw1yeTU&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1
-------
Visit our Site: www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to RIA Pro:
https://riapro.net/home
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
-
3:28
Lance Roberts' Three Minutes on Markets & Money
2 years agoHow Markets May Respond to November CPI
23 -
4:51
ProducerBrent
3 years agoHave We Reached the Bottom Yet?
4 -
9:06
The Quartering
3 years agoI Have Hit Rock Bottom...
86020 -
2:05:48
Inverted World Live
6 hours agoUFO Seen Over Tokyo During Trump Visit | Ep. 132
55.4K10 -
2:54:08
TimcastIRL
4 hours agoDemocrat FEDERALLY INDICTED For Obstructing ICE Agents In Chicago | Timcast IRL
194K84 -
LIVE
SpartakusLIVE
6 hours agoNEW - REDSEC Battle Royale || The Duke of Nuke CONQUERS ALL
390 watching -
LIVE
PandaSub2000
1 day agoLIVE 10:30pm ET | NINTENDO DS Night
355 watching -
LIVE
Alex Zedra
3 hours agoLIVE! Battlefield RecSec
297 watching -
1:26:50
The Quartering
5 hours agoErika Kirk Threatened, SNAP Riots Near, & New AstroTurfed Woke Lib Influencer
41.7K18 -
29:24
Glenn Greenwald
6 hours agoSen. Rand Paul on Venezuela Regime Change, the New War on Drugs, MAGA Rifts, and Attacks from Trump | SYSTEM UPDATE #539
112K106