9-30-24 Get Ready for Earnings Season Tomorrow

Earnings season begins tomorrow, and the stock buyback window closes until the end of October. There's really nothing wrong with the markets following August's correction. Markets are getting very over bought relative to the 20- and 50-DMA, with decent divergences from the moving averages. And any time you see such divergence away from the daily and weekly moving averages, it is inevitable that things will correct. If earnings come in strong, that will help; but outlooks are what will matter most: What are companies thinking about the future? There is a close corellation between the annual rate of change in the S&P 500 and in the underlying, year-over-year change in earnings. If companies ratchet up their earnings outlooks, that will provide a lift to markets.  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=v2NaQU4oXC0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1&t=3s ------- 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/ #EarningsSeason #EarningsOutlooks #MoneyFlow #MarketBullishness #TechnicalAnalysis #FederalReserve #PortfolioRisk #MarketRally #MarketBreakout #FederalReserve #InterestRates #FedRateCut #BondYields #YieldCurveInversion #MarketRally #MarketBounce #MarketRisk #Overbought #MarketBullishness #MarketVolatility #20DMA #50DMA #100DMA #InvestingAdvice #InvestingThesis #Money #Investing