Premium Only Content

Markets Going Nowhere
(11/22/22) Markets are trying their best to mount a rally during the holiday-shortened week, but are only up 2% so far for the month of November. Thats hard to comprehend following that 5% jump following that strong CPI report. Since then, markets have not really gone anywhere. With many traders out this week, there's not much activity or volume to drive markets. But as markets consolidate above the 100-DMA, it's allowing the 20-DMA to play "catch-up," and providing additional, near-term support for the markets. We're expecting some selling pressure going into the first two weeks of December, and a rally into the end of the year should place us around the 4,050 mark, which would be a good place to raise some cash and trim risk from portfolios. That's what we did with energy and oil stocks; energy stocks down about 5%, but oil stocks are off 20% from their recent peaks. As we get into 2023, all of this year's Fed rate hikes will begin to show up in the economy, and, combined with weaker economic data, weaker earnings, and reductions in estimates, will suggest markets' need to re-price lower. That lower re-pricing will likely be the last leg of this bear market cycle. When that happens, we'll want to be prepared to take advantage of the bullish shift.
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=E3-R0KQ-Zao&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/
-
LIVE
Laura Loomer
4 hours agoEP113: Canada's CCP Pipeline EXPOSED
1,302 watching -
LIVE
Dabkillah
7 hours ago🔴LIVE-DABKILLAH-For The BEST CHAT and ok gaming lol
301 watching -
DVR
Slightly Offensive
2 hours ago $1.95 earnedTop Secret CIA Docs LEAKED Showing the Austrian Painter SURVIVED | Nightly Offensive
7.22K7 -
15:53
Producer Michael
6 hours agoWHY I MOVED TO LAS VEGAS! (CALIFORNIA IS DOOMED)
10.6K -
LIVE
Adam Does Movies
8 hours agoHanging Out, Talking Movies + YouTube Silver Play Button Unboxing! - LIVE!
94 watching -
1:22:50
Glenn Greenwald
5 hours agoRight-Wing Populists Barred from Running in Democratic World; JFK Reporter Jeff Morley on CIA Involvement and his Testimony in Congress Today | SYSTEM UPDATE #432
92.7K35 -
LIVE
Anthony Rogers
4 days agoEpisode 359 - The Dark Side of Disney
59 watching -
58:27
BonginoReport
5 hours agoMusk’s 13th Alleged Baby Mama’s Anti-Privacy Tour - Nightly Scroll w/Hayley Caronia (Ep.17)
126K54 -
2:11:32
Michael Franzese
4 hours agoLindy Li: DNC Insider Reveals Dark Truth About Biden, Kamala and Pelosi
45.1K28 -
1:17:20
Kim Iversen
6 hours agoFrom Tesla-Smashing to Jasmine Crockett-Stanning: Woke Unhinged Edition
112K62