Can Markets Muster Continuation of the Rally?

(10/24/22) Markets rallied sharply off the 20-DMA on Friday to deliver a 90% upside day for stocks. Futures are pointing higher this morning, begging the question, can markets muster a continuation of the rally over the next few days as we put the wraps on October? 45% of the S&P companies will report earnings this week; the buyback blackout window ends on Friday, and the Fed is set to meet next week, with hopes that talk of ending rate hikes will occur sooner than later; all would be bullish developments for markets. The next level of resistance: 3,800. We recommend using any rally to sell into.
Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton
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