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Markets Breakout on AI Revolution & Debt Ceiling Deal (5/30/23)
Markets Breakout on AI Revolution & Debt Ceiling Deal (5/30/23)
ratings:
Length:
3 minutes
Released:
May 30, 2023
Format:
Podcast episode
Description
(5/30/23) Market futures are pointing dramatically higher on news of a debt ceiling deal, and more talk from NVDIA about the AI revolution and the seemingly endless possibilities. This breakout takes out the supports in place two years ago when Russia invaded Ukraine, setting markets up for a rally to March's highs, and a rally to all-time highs. Not overnight, of course; but once we clear out of the consolidation range, the next step is 4400, and then upwards to 4600 by the end of the year. We will participate in this rally, but with cautions and concerns over valuations; earnings are recovering, but may not recover as rapidly as markets expect. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Article mentioned in this video: "Technical Review Of The Market: Bulls In Control" https://realinvestmentadvice.com/technical-review-of-the-market-bulls-in-control/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=ssUZu5esaKw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- 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 #DebtCeiling #ArtificialIntelligence #AI #NVIDIA #Money #Investing
Released:
May 30, 2023
Format:
Podcast episode
Titles in the series (100)
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