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4-30-24 Is a Market Pullback Ahead?

4-30-24 Is a Market Pullback Ahead?

FromThe Real Investment Show Podcast


4-30-24 Is a Market Pullback Ahead?

FromThe Real Investment Show Podcast

ratings:
Length:
3 minutes
Released:
Apr 30, 2024
Format:
Podcast episode

Description

Futures are somewhat depressed after two good days in the markets, wjhich follow six days of selling. We noted that Sellers live higher, Buyers live lower. Markets closed above the 20-DMA on Monday, and the big test to day will be at the 50-DMA...which will likely fail. A market pullback ahead of tomorrow's Fed announcement would be no surprise. But, if the Fed says something that's perceived as being more hawkish, markets could certainly come down to test the 100-DMA. Comments reiterating plans to cut rates, however, could motivate markets higher above the 50-DMA over the next couple of weeks. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=Te4b0zqK2NA&list=PLVT8LcWPeAujhW-HlRJGaPa9tDN_GthEg&index=1 ------- REGISTER for our next Lunch & Learn: "Transitioning to Medicare" https://realinvestmentadvice.com/evrplus_registration/?action=evrplusegister&event_id=49 ------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- 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/ #FederalReserve #MarketPullback #InterestRates #HawkishFed #20DMA #50DMA #100-DMA #InvestingAdvice #Money #Investing
Released:
Apr 30, 2024
Format:
Podcast episode

Titles in the series (100)

It's a show about life, markets, sweat-equity, and the pursuit of wealth in a capitalist market.