Time to Trim Portfolios? (1/25/24)

(1/25/24) Markets are continuing to rally in a buying stampede that is extremely long in the tooth, actually surpassing the duration of last summer's buying frenzy. Valuations, at this point, don't matter; it's all about momentum. Markets are back on a Buy Signal, despite markets' very over bought condition. Money flows are continuing to support this action in a trend that cannot be denied or fought back. Realize, however, that nothing lasts forever, and that all of this will eventually end. A correction of some type will occur, and it will be a normal course in the cycle of markets. Remember, too, that even a 10% correction in a given year is normal. However, a 10% correction at this level would wipe out most of the gains that have been gotten since last October. Markets cannot maintain over bought conditions indefinitely. This might be a good time to assess your portfolio and trim back to target weights. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton --------  Register for our 2024 Economic Summit: Navigating Markets in a Presidential Cycle:  https://www.eventbrite.com/e/ria-advisors-economic-summit-tickets-703288784687?aff=oddtdtcreator -------- 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=4j2RciIkewo&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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 #MarketValuation #BuyingStampede #MarketCorrection #Markets #Money #Investing