Markets falling apart or just their PERSONALITY? Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Life, History

Episode 118:  The DOW is not only negative for the year, it’s also hovering just above its 200dma; the S&P500 is significantly below its 50dma; and the NASDAQ is struggling to hold its 50dma.

The positive news is that trade volume has been light, so there isn’t huge Institutional selling.

Is this foreshadowing of the long awaiting correction or just normal market vacillation?

Too early to call.  This market has a distinct habit (PERSONALITY) of trading within a 3% range and pulling back around 6% before breaking out to new highs.

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.


Posted

in

,

by

Tags: