
Image Source: Pixabay
While the S&P has hit a new record high this year, it is having a difficult time rising back above 7,000.
The technical action is weak, and the 20-Daily Moving Average is in danger of crossing below the 50-Daily Moving Average.
Should that indeed happen, it substantially increases the odds of a further material decline.
Will the market recover? Or will it roll-over?
Portfolio manager Lance Roberts and I discuss the odds, as well as the the recent rise in volatility, the latest CPI inflation data, "financial nihilism", the implications of warmer US-Russia relations, the housing market, and Lance's firm's latest trades.
Video Length: 01:59:39
More By This Author:
"Globalization Has Failed" Declaration By USA = Massive Change Is Ahead
All Roads Lead To Gold
The Next Great Commodities Boom Is Just Getting Started. Here's How To Play It




Comments
Log in or sign up to join the conversation.