8 min listen
Is Stronger Economic Growth Possible Now? (8/15/23)
Is Stronger Economic Growth Possible Now? (8/15/23)
ratings:
Length:
4 minutes
Released:
Aug 15, 2023
Format:
Podcast episode
Description
(8/15/23) Markets bounced right off the 50-DMA Monday in an initial test of support in consolidation of correction activity. But futures are opening a bit weaker this morning for yet another test of the 50-DMA, which markets need to hold if they're going to continue this consolidation process. The MACD oscillation is almost complete, turning the sell signal into a buy signal. When that happens, we can then more safely increase exposure in areas we want to be in. Downside risk still exists ahead of the Jackson Hole meeting, and the chances Jerome Powell could say something to spooks markets. Meanwhile, the MACD is still elevated, needing to get back below zero and into an over-sold condition for much better buying opportunities. Patience will be your friend as markets work through this process. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Articles mentioned in this report: "The Market Is Detached From The Real Economy" https://realinvestmentadvice.com/the-market-is-detached-from-the-real-economy/ ------- 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=QvwK7uluIGE&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 #MarketCorrection #MovingAverages #20DMA #50DMA #200DMA #DownsideRisk #JacksonHole #JeromePowell #Money #Investing
Released:
Aug 15, 2023
Format:
Podcast episode
Titles in the series (100)
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