The Correction In Stocks Is Over…For Now | Lance Roberts & Adam Taggart
LOCK IN THE EARLY BIRD DISCOUNT for the Thoughtful Money Fall Online Conference by registering now at https://thoughtfulmoney.com/conference
Well, the correction that was underway last week appears to have been short-lived.
Stocks bounced hard this week, with the S&P up over 200 points.
We’re at an important point technically, where the current momentum needs to continue to affirm the rally. If not, and we get a triple top, there’s a decent chance stocks could then resume a downward slide.
Portfolio manager Lance Roberts and I discuss the odds, as well as the inflation and jobs data that came out this week, the approaching Fed rate cut(s), the importance of optimism to successful investing and Lance’s firm’s recent trades.
For everything that mattered to markets this week, watch this Market Recap.
#inflation #jobs #bullmarket
_____________________________________________
Thoughtful Money LLC is a Registered Investment Advisor Solicitor/Promoter.
We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.
We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.
IMPORTANT NOTE: There are risks associated with investing in securities.
Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.
A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.
Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.
Copyright © 2024 Thoughtful Money LLC. All rights reserved.
Leave a Reply