Episode 98: S&P500 is trading below its 50 day moving average- half the people I talk to are buying “on the dips” thinking the market will go on to make new highs; the other half are going short in anticipation of a large correction.
I’m sitting on the fence. In this episode I discuss why I think the market is trading in a bracketed range with no discernable indication of forward trend or momentum. I remain mostly in cash, which is my favorite fallback positon.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
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