What Will Drive Markets Next?

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3 years ago
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InvestingAdvice MidTermElections CPIreport 20DMA 50DMA Markets Money Investing

(11/7/22) Markets rebounded on Friday, and are set to open higher this morning, ahead of The Big Elections tomorrow. The 20-DMA is now confirmed-support, and markets today will retest resistance at the 50-DMA. Markets are trapped between these two, narrow boundaries. A breakout in one direction of the other will likely dictate the next leg of the markets' move. The election outcomes and next week's CPI report, for better or worse, are likely to be the market movers later this week.

Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton
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