Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

The Death Cross & Oil Prices (9/8/22)

The Death Cross & Oil Prices (9/8/22)

FromThe Real Investment Show Podcast


The Death Cross & Oil Prices (9/8/22)

FromThe Real Investment Show Podcast

ratings:
Length:
4 minutes
Released:
Sep 8, 2022
Format:
Podcast episode

Description

market did sustain the rising trend line, with sell signals still in place. This may get us to a point where markets can consolidate to provide another buying opportunity. Markets also held support at May's lows. Today's ECB rate hike announcement and the Fed's policy comments later today will affect markets--we're expecting a 75bp Fed rate hike later this month. Oil has also been on sell signals and over-sold, but there was a death cross of the 50-DMA below the 200-DMA yesterday, suggesting oil prices could go lower. Prices remain under pressure as demand crumbles from the weight of higher inflation. 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=Kyr2i7vyvmU&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/ #InvestingAdvice #MarketRisingTrendLine #OilPrices #ECBRates #FedRates #DeathCross #200_DMA #100_DMA #50_DMA #Markets #Money #Investing
Released:
Sep 8, 2022
Format:
Podcast episode

Titles in the series (100)

It's a show about life, markets, sweat-equity, and the pursuit of wealth in a capitalist market.