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Buy Backs Continue Market Support (11/23/22)

Buy Backs Continue Market Support (11/23/22)

FromThe Real Investment Show Podcast


Buy Backs Continue Market Support (11/23/22)

FromThe Real Investment Show Podcast

ratings:
Length:
3 minutes
Released:
Nov 23, 2022
Format:
Podcast episode

Description

(11/23/22) Markets achieved a nice 1% rally Tuesday, with traders taking bets things will improve as 2022 winds-down. Stock buy backs helped support buying activity. The trading range remains very tight as the 20-DMA keeps moving up to support at the 100-DMA. Resistance, however, continues to fall with the 200-DMA moving down to the top of the trading range. Post-Thanksgiving, we'll be needing to see a stronger rally above the 200-DMA if we're going to get any kind of a rally leading into 2023. We're keeping a close eye on the VIX, too, because an uptick in volatility will likely signal a sell-off in the market. 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=EXOwXtoCTXo&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 #StockBuyBacks #MarketVolume #MarketResistance #MarketSupport #MarketRisk #Markets #Money #Investing
Released:
Nov 23, 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.