The Stock Market Is Showing Signs Of Technical Breakdown

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.

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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


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