Will We Get Gridlock?
(11/9/22) Midterm elections are behind us, and all that's left to determine is who will control the House and the Senate, and will we get a gridlocked congress, which tends to be better for markets. Historically, post-midterm election markets tend to rally into the year-end. Meanwhile, the bottoms built in September and October have resulted in a rally, albeit not a strong one. The buy-signal on the MACD has performed as expected. Stocks yesterday got above the 50_DMA; markets will have to hold that today, and the next challenge will be tops set previously, just ahead of the FOMC meeting, where the 100-DMA resides also. Looking ahead, expect a bit of a uptick as Thanksgiving draws ear, and then in the first weeks of December, a bit of a softening should occur as mutual funds make their distributions, and then at the end of the year, stocks may do better as mutual funds put their positions back together to close out the year. Stok buyback will continue through the end of the year, as well, providing additional activity supportive of a rally.
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=0GEhFE6-ExY&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/
-
3:11
Lance Roberts' Three Minutes on Markets & Money
1 year ago $0.02 earnedSetting Expectations for 2023
671 -
3:23
Three Minutes on Markets & Money
1 year agoWill We Get Gridlock?
8 -
7:32
Mr. Constitution Douglas V. Gibbs
1 year agoGridlock
71 -
0:31
GcapoTheGamer
1 year agoGridlock can REALLY MOVE‼️🤣 | #shorts #gaming #rainbowsixsiege
-
2:37
megakingsmanzero
1 year agoI Will Get the OnexPlayer 1S
8 -
0:31
Ulyssesfernz
1 year agoWill u get married Andrew?🙄🧐
1 -
2:58
nextgenvideogametheory
1 year agoWhen Will We Get Starfield Song
68 -
0:17
dawculture
1 year agoWill ksi get dunked
2 -
2:45:18
MissesMaam
5 hours agoGrinding Achievement + Perfection | Stardew Valley 💚✨ pt. 41
39K1 -
1:47:34
Barstool Yak
8 hours agoKlemmer's Back After His Cross-Country Purple Hat Adventure | The Yak 8-30-24
41.5K7