The Pain Trade is Higher (1/17/23)

(1/17/23) Markets continue to rally into January after a negative year of returns, a sort-of Santa Rally, and a positive January Indicator. Such positive trifectas would suggest higher market prices for 2023. We're thinking that over the next 90-days or so, the pain trade could be higher. It's all about possibilities vs probabilities. The MACD Signal has turned positive, our weekly indicators have also turned positive, and the market is now wrestling with a rise above the 200-DMA. The big issue for the markets through the year will be earnings and profit margins, and whether they'll have to adjust lower through the year. 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=dewNN-MUh68&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- 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 #PainTrade #Trifecta #SantaClausRally #JanuaryIndicator #Markets #Money #Investing