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Innehåll tillhandahållet av The Lance Roberts Show and Lance Roberts. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Lance Roberts Show and Lance Roberts eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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9-16-24 Oil Prices Belie Economic Weakness
MP3•Episod hem
Manage episode 440222235 series 2602098
Innehåll tillhandahållet av The Lance Roberts Show and Lance Roberts. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Lance Roberts Show and Lance Roberts eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Markets saw a 4% decline week before last; last week, markets recovered by 4% in anticipation of what the Fed is going to do this week. Did that big reversal day two weeks ago mark a market bottom? Not necessarily, because there are plenty of examples where such has occurred at market peaks. There is no doubt the recent reversal was bullish, and there is no real reason to be overly bearish at this point. However, risks remain, and one of them is in Oil Prices, which have continued to weaken. Despite a bounce following a sharp sell off, the trend in oil prices remains weak. That does not suggest much relative strength. There is a high correlation between the direction and trend of oil prices with economic activity. The Energy ETF, XLE, which also tracks oil prices very closely, is very oversold, and traders' positioning is very weak on oil stocks. It wouldn't be surprising to see a rotation into energy stocks leading up to the election, especially if it appears a Trump return to the White House is imminent. 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=HVKUNA8mTG0&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/ #CPI #MarketRally #MarketBounce #MarketRisk #Overbought #MarketBullishness #MarketVolatility #20DMA #50DMA #100DMA #OilPrices #EnergyETF #XLE #2024Election #InvestingAdvice #Money #Investing
…
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2625 episoder
MP3•Episod hem
Manage episode 440222235 series 2602098
Innehåll tillhandahållet av The Lance Roberts Show and Lance Roberts. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av The Lance Roberts Show and Lance Roberts eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Markets saw a 4% decline week before last; last week, markets recovered by 4% in anticipation of what the Fed is going to do this week. Did that big reversal day two weeks ago mark a market bottom? Not necessarily, because there are plenty of examples where such has occurred at market peaks. There is no doubt the recent reversal was bullish, and there is no real reason to be overly bearish at this point. However, risks remain, and one of them is in Oil Prices, which have continued to weaken. Despite a bounce following a sharp sell off, the trend in oil prices remains weak. That does not suggest much relative strength. There is a high correlation between the direction and trend of oil prices with economic activity. The Energy ETF, XLE, which also tracks oil prices very closely, is very oversold, and traders' positioning is very weak on oil stocks. It wouldn't be surprising to see a rotation into energy stocks leading up to the election, especially if it appears a Trump return to the White House is imminent. 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=HVKUNA8mTG0&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/ #CPI #MarketRally #MarketBounce #MarketRisk #Overbought #MarketBullishness #MarketVolatility #20DMA #50DMA #100DMA #OilPrices #EnergyETF #XLE #2024Election #InvestingAdvice #Money #Investing
…
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2625 episoder
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