Be Careful: We're Not Out of The Woods Yet
(10/4/22) The extreme over-sold and negative conditions that exist in the market are very similar to what se saw back in June, which resulted in a subsequent 17% rally. Jim Cramer called The Bottom...again and again. All of these elements are creating a squeeze on short plays, and elevation in prices. All we need now is for Cramer to call the bottom. Again. Our take: Be careful. We're set up for a decent rally with a target of 3,800 or 3,900. But as the market rallies to various levels, be smart; take profits and raise cash each time. It's very likely we're not out of the woods yet, as the Fed continues to hike rates, inflation is still high, and economic growth is slow. The fundamentals for a more sustained bull rally are not yet in place, but the short term scenario is good for advantage taking.
Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton
--------
Articles mentioned in this report:
"The Big Short Squeeze Is Coming"
https://realinvestmentadvice.com/the-big-short-squeeze-is-coming/
-------
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=XO84WpHov5I&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/
-
2:55
Lance Roberts' Three Minutes on Markets & Money
1 year agoWill Santa Bring Cheer or Coal?
21 -
LIVE
Dave Portnoy
1 hour agoThe Unnamed Show With Dave Portnoy, Kirk Minihane, Ryan Whitney - Ep. 19
823 watching -
LIVE
Benny Johnson
1 hour agoTop Democrats PANIC as New Polls Show DOOM For Biden | Trump SURGES 📈 | 'Time To Replace Joe?'
6,373 watching -
57:58
The Rubin Report
1 hour agoDebate over COVID Failures Gets Tense | Chris Cuomo
7.43K17 -
LIVE
Steven Crowder
3 hours agoREBUTTAL: Jon Stewart is WRONG about Gun Violence
22,087 watching -
2:10:55
Matt Kohrs
3 hours agoStocks Are EXPLODING HIGHER, Nvidia is King & GameStop is Falling
29K6 -
1:28:50
Graham Allen
4 hours agoMega Church Pastor Forced to RESIGN! + Ten Commandments Back in Schools🔥
32.4K68 -
44:57
Rethinking the Dollar
1 hour agoGOP WANTS $500 BILL TO HONOR TRUMP | SIGNS OF GREATER INFLATION TO COME? | Morning Check-In w/ Mike
6.23K2 -
1:36:11
The Podcast of the Lotus Eaters
6 hours agoThe Podcast of the Lotus Eaters #941
42.1K23 -
1:17:47
jeffahern
3 hours agoThursday Thrash With Jeff Ahern (6am Pacific)
23K3