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Markets Flirt w 200-DMA | Before the Bell (10/5/23)

Author
The Lance Roberts Show
Published
Thu 05 Oct 2023
Episode Link
https://sites.libsyn.com/131046/markets-flirt-w-200-dma-before-the-bell-10523

(10/5/23) Markets continued to sell off Wednesday, now flirting with the 200-DMA. This is a key support level for markets for myriad reasons: Stocks need to firm up at this level if we're going to get a year-end rally. Historically, and statistically, the odds of such a rally following a weak September are pretty good. However, if we break below that level, the next support will be at 4,000on the S&P. So there certainly is some downside risk.    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/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel:  https://www.youtube.com/watch?v=LcFbmAvj678&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz ------- 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/ #InvestingAdvice #MarketSellOff #MarketCorrection 200DMA #Markets #Money #Investing

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