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| (10/17/22) Last week's roller-coaster market following the latest CPI report, ended the week holding the support line that had been building since the beginning of October. The potential for a rally remains the case: we're looking for markets to hit 3,900, and that will be the point where we want to sell some equities to reduce risk. Trading could remain sloppy for the next few days, but by the end of the month, two things will provide additional octane: The blackout window for stock buy backs will end on October 28, and that activity will return to the market; that will coincide with about 70% of corporate earnings reporting completed. Those earnings will likely be not-as-bad as expected, lending further buoyancy to stocks. 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/ ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- 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 #MarketRally #EarningsSeason #StockBuyBacks #BlackoutWindow #Markets #Money #Investing |
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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