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Late-day Buying Sustains Markets (10/18/23)

Late-day Buying Sustains Markets (10/18/23)

FromThe Real Investment Show Podcast


Late-day Buying Sustains Markets (10/18/23)

FromThe Real Investment Show Podcast

ratings:
Length:
3 minutes
Released:
Oct 18, 2023
Format:
Podcast episode

Description

(10/18/23) Markets opened lower Tuesday, but rallied before the close to end up essentially flat for the day. This is the pattern now o flate day buying as institutions come into the market to pick up positions on their portfolios. That's a good thing for markets, at least in the near-term. As November approaches, a month with some of the largest inflows, market drivers will become less dependant upon corporate earnings. Markets continue to trade above the 20-DMA, forming yet another wedge of price compression for now. 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=MFyAmfTFjJg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Consequences Are Always Unintended" https://realinvestmentadvice.com/consequences-are-always-unintended/ "October Weakness Before The Year-End Run?" https://realinvestmentadvice.com/october-weakness-before-the-year-end-run/ ------- 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 #MarketCompression #EarningsSeason #EndOfYear #PortfolioPositioning #Markets #Money #Investing 
Released:
Oct 18, 2023
Format:
Podcast episode

Titles in the series (100)

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