The market's bias is to the upside in the immediate term, Lance Roberts tells me, though he cautions a pullback will happen at some point given how short-term overbought stocks remain.
The correction that occurred in March and April is now officially over, declares portfolio manager Lance Roberts.
He has removed his short positions and thinks the market's bias is to the upside in the immediate term, though he cautions a pullback will happen at some point given how short-term overbought stocks remain.
Lance and I also discuss the implications of Elon Musk's recent pushback on the Big Beautiful Bill, as well as the latest mixed jobs data and the concerning decline in consumer sentiment.
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