4 min listen
Setting up for a Year-end Rally (10/2/23)
Setting up for a Year-end Rally (10/2/23)
ratings:
Length:
4 minutes
Released:
Oct 2, 2023
Format:
Podcast episode
Description
(10/2/23) Futures are flat after being elevated following Sunday's passage of another Continuing Resolution to keep the Federal Government running for another 45-days (without a budget). We're about to walk right into another earnings season, and from a technical perspective, markets are doing okay, and starting to flatten the bottom. It would not be surprising to see markets establish a lower high by the end of the year. Markets are on track to finish the year with about a 12% gain. There is potential for a near-term rally in October into November, but December could be a little "iffy." Markets can always do things you don't expect. We're about 8% into a 10% correction, and that's the set up for a year-end rally. 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=Fxss0c0xcxw&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 #YearEndRally #LowerLows #ContinuingResolution #EarningsSeason #MarketCorrection #Markets #Money #Investing
Released:
Oct 2, 2023
Format:
Podcast episode
Titles in the series (100)
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