4 min listen
When Will Buying Power Return? (9/18/23)
When Will Buying Power Return? (9/18/23)
ratings:
Length:
5 minutes
Released:
Sep 18, 2023
Format:
Podcast episode
Description
(9/18/23) Markets closed down a little more than 1% on Friday, taking out the 20- and 50-DMA. Friday was strange due to the largest options expirations on record: A lot of stocks had to be sold and there were a lot of puts on companies that had top be rolled over, creating an outsized level of volatility on Friday. Markets are now solidly sitting on support atop a consolidation pattern we've been in for a few weeks, after grinding through this seasonably weak period of the year. Markets will be positioning ahead of this week's Fed meeting, so additional weakness over the next several days would not be surprising. 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=JGrGUnh6oC4&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 -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/3016835714782/WN_zCk25t5QThq7CG5NHH4UIg ------- 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 #MarketVolatility #FederalReserve #MarketSupport #Markets #Money #Investing
Released:
Sep 18, 2023
Format:
Podcast episode
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