1. EachPod

8-28-24 Markets Hang on Nvidia's Report

Author
The Lance Roberts Show
Published
Wed 28 Aug 2024
Episode Link
https://sites.libsyn.com/131046/8-28-24-markets-hang-on-nvidias-report

Markets have been hanging-in for the past few days. Remember, back in June and July, we were looking at extreme deviations, and expecting a correction. We got one: About 8% over three days' time, and then markets immediately rallied. For the moment, the correction is over, and odds are we could break out to new highs (dependent on Nividia's report tonight). Volatlity is once again supressed as the market becomes much more bullish. Watch how the Dollar behaves, now becoming really oversold. Consumer confidence is picking up.  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=0Xt7UeGJx2g&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #BullishTrend #MarketCorrection #MarketRally #Oversold #Overbought #NvidiaReport #MarketBullishness #MarketCorrection #ConsumerConfidence #MarketVolatility #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing

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