4 min listen
The Risk-Reward in the Markets is Limited (6/29/23)
The Risk-Reward in the Markets is Limited (6/29/23)
ratings:
Length:
3 minutes
Released:
Jun 29, 2023
Format:
Podcast episode
Description
(6/29/23) Markets Wednesday opened weak, rallied strongly, and then sold-off. But markets were slightly positive from where they opened for the day. Support levels are holding this morning, with futures looking higher. The "threat" is two remaining days for quarter-end portfolio rebalancing. We're still on a sell-signal, which doesn't mean prices necessarily decline sharply, but indications are for a limited upside, and a downside potential of between 200- and 300-points. Remember, a 5- to 10% correction is completely normal in any given year, and such action would likely provide a better entry opportunity heading into the end of the year. 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 new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=9EBMcx3r3KA&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&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 #MarketCorrection #Recession #EconomicGrowth #QuarterEndRebalancing #Money #Investing
Released:
Jun 29, 2023
Format:
Podcast episode
Titles in the series (100)
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