(12/21/21) Following Monday's sell-off, will markets keep their rally today? One thing to be careful of is what you read in the headlines--they're almost always wrong about what's happening in the markets. Despite the "rise of Omicron" and the "failure of the BBB plan" leading to yesterday's sell-off, the decline has been going on for the last three days in this time of the year: mutual fund distributions and tax-loss selling, instead of a function of inflation vs deflation trades. Markets wound up holding onto September's highs and the lows of November, closing above yesterday's opening level. Today's first challenge will be the 50-DMA, providing a measure of resistance. Our suspicion is that the multi-top, previous highs will be about all we get for the rest of the year, with any break out above not happening until January. So now is a good opportunity to rebalance risk in portfolios. We're predicting slower monetary inflows, higher interest rates, and more inflationary pressures in the New Year. Stick with strong fundamentals, choosing value over growth, and those meme-stocks that are now losing ground may provide opportunity to sell and rotate money into more fundamentally high-quality stocks. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=q0OKa22kMfo&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/9816369327340/WN_8UCalLNwRKOiI97F0L7pww -------- 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/RealInvestme... https://www.linkedin.com/in/realinves... #MarketRally #FedTapering #Inflation #LiquidityExtraction #BuildBackBetter #InterestRates #Markets #Money #Investing