Market back in UPTREND: worst correction of the year ends with strongest follow through day, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty

Episode 36:  The indexes were all up in above average volume breaking through their 200 day moving average- excellent example of a follow through day.   Watch for action around the 50 dma- will it act as resistance?  Or can the market break through to close out the year with new highs?

Near term trends to consider- stronger dollar (weak Europe), low interest rates, low oil.  Need to be cautious about global slowdown, debt loan on PIGS & other nations, China’s slowdown & real estate bubble.  Midterm elections in November are still a wildcard.

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 © 2014 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: