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Market Risk Still To The Downside In Near Term, But Be Ready To Buy Back In | Lance Roberts
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
Stocks are still in a technical breakdown, approaching a test of the 20 Day daily moving average (DMA)
Portfolio manager Lance Roberts thinks the S&P could easily drop another 100 points or more until it hits support.
Once it does, he thinks that will be a good time to add capital back into quality stocks that have sold off a bit.
So in the near term, keep your powder dry -- but be ready to act once that moment arrives.
Lance and I discuss this coming oppportunity, as well as AI, energy, Tesla, why the Fed is 'too late' in its policy response yet again, as well as Lance's firm's latest trades in this week's Market Recap.
For everything that mattered to markets this week, watch this video.
#marketcorrection #tesla #artificialintelligence
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