Stocks Remain Overbought. Will Poor Earnings End The Rally? | Lance Roberts & Adam Taggart
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- čas přidán 14. 06. 2024
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Stocks hit new all-time highs this week and despite being very overbought, momentum is still higher.
What could end this rally is the upcoming earnings season, cautions portfolio manager Lance Roberts.
Profit growth estimates are EXTREMELY optimistic right now. If they disappoint, a reversal could be fast & furious.
Lance and I talk about that, the recent Fed guidance, the weak jobs market, and do a detailed walk-though of Lance's new & improved SimpleVisor service in this week's update.
#unemployment #federalreserve #investing
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Lance may be simple the way he conveys his work, but research and crunching market data isn't simple. Thanks for what you you do Lance, and thank you Adam for the platform where I was introduced to your simple minded buddy a few years ago.
Lance and Adam make a great combo
I knew that AMS69X was ahead of the game, but my mind is officially blown
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Scam Alert
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I just love listening to you two!!!
Brilliant discussion as always! Thank you!!
Love the new platform, really cool!!!
Thank you. Those of us little guys appreciate your insight and education.
simple visor looks fantastic! Great work on that to you and your team. Looking forward to using it!!
Thanks Adam and Lance
AMS69X will change lives this year. Hold for long and let's see what happen.
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Scam Alert
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Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
What Lance explains around min 20 - with the bankruptcies happens all across the corporate world especially in terms of environmental pollution. Look the UKs water companies. They knkw perfectly well that they can freely pollute the rivers rather than process sewage and the worse case scenario if they are caught is a fine - much less than the cost saving of the sewage dumping.
What an amazing tool for us DIY investors.
I’m wondering if the US dollar is being set for a bounce between now and the forth quarter, is it time to give serious consideration to UUP, bullish dollar. Currently negative beta (-11.47%). Wouldn’t this be a play if stocks go down?
Great financial learning experience as always Adam & Lamce!
Adam, if I may make a suggestion. Your new camera is very nice with great definition and natural lighting. If I may suggest that you lower the lens so it looks like we're viewing you eye to eye and not sitting above like on a bar stool. It just makes the perceived interaction more enjoyable.
Thanks,
Haven’t you heard Adam, poor earnings is bullish ;)
Cause they think the Fed is coming in and slashing rates to 0% and doing QE. But the Fed is not doing that. Maybe they pull back to 4% next year. But the Fed knows they can't go lower, cause there are inflation drivers they can't control. Even if there's a recession, they know inflation will just come back cause the debt problems will not be dealt with.
Not a bad deal for Lance's software tools. I use a form of all that stuff for my trading. I think he has stuck with what's important and useful. If I wasn't dialed in with my own methods already I'd purchase that for sure. Pleasantly surprised!
I like Lance's balanced approach. He factor's in the reality of managing money for other peopel
This tool looks insane! Well done
Thank you Adam and Lance
Like the platform Lance 👍
The stock market is an overpriced joke. Like WMT their net income for 2023 was $15.5 Billion, up from 14.8 Billion in 2019. Meanwhile, the stock is up 76%, with only a 4.7% higher net income. The price isn't up cause of inflation. Inflation was only running 19% over that time, with gross profits 21% higher. So, the increase in profits by the company is most all inflation. Which is fine for passing on costs and holding value, but the 76% increase in the stock price isn't from inflation.
It's from buybacks, most likely.
Disney was trading at all time highs when every park , movie theater was shut down during Covid. Fundamentals don’t mean crap.
Let me guess, future looks bullish.
But only for 5 companies. Lance Roberts keeps talking about "markets" going up...meanwhile small caps got slaughtered all week. We are becoming an Oligopoly and everyone seems to be celebrating that fact. Our country looks doomed.
Agreed.
Trust in Jesus. He's the only hope. It's over folks. 😌
Short the small caps, long big caps has been a huge winner for me this year
Small caps can't buy back stock like Apple. $$110b.
And none of the five make anything themselves.
Tons of info to look through on this interview
Hilarious how he completely side stepped the question about the melt up and turned it into the market could crash 30%
This channel is pure bearish propaganda. Nothing more.
This platform looks way better than a lot of other systems out there. Nice work, Lance.
Thank you very much...
i hope you make a lot of money from the hard work you put into this platform. It looks great. considering it myself. Thank you!
I love the look of evaluation tools-still can't figure out how to get started with entering 60/40 portfolio by hand and adding cash as needed. I will cancel my 30 day free trial for now until there are some better "getting started" tools. I just want to follow the 60/40 portfolio but can't figure the basic mechanics out.
do you have to be with fidelity to use your system?
Simple visor seems to be comprehensive tool. Thanks for sharing Lance.
Please created educational video for simplevisor. I have it but it is hard to understand everything on it. It will also be helpful to share Lance's chart set up.
Can’t wait for the 401k planner
My 401K is in a 60/40 ratio. Is that a correct ratio for someone my age
Great job Lance
Adam, is there are book you would recommend which covers the macro economy, particularly the mechanics of the range of TBill yields and the relationship to the markets and all other interrelationships, CPI, PPI, Job Markets? Thanks
For investing principles the Financial Times has some good books - which starts at the beginning in terms of investing in shares.
Good job
Looking good Adam!
Suggestion for a show topic: maybe not real soon, but it would be great to have a long segment on how to evaluate fundamentals and value of an equity. Granted the "Mag 7" or the AI related stocks may have over-inflated valuations and represent the tip of a low-breadth market, it would be cool to get an instructional vid/discussion on picking good companies after a larger correction/crash. Great weekly recap, and I may look into subscribing to Simplevisor.
Yes, I'd also say an explanation of bond yields/prices.
The Fed's two percent inflation is not real think. My electric rate went up 💯 percent over night. Not including food and energy in the market basket of commodities and services is but a smoke screen if reality.
The best example of the smokescreen is when the Obama admin. Figured out that counters were cheaper because there was more RAM and they were faster. The computers did not cost less, but we're faster.
My cash position will be short bonds and buy longer if they reach really high levels.
Preserve your capital at all costs instead of listening to all the same government liars proven at every step .
Warren Buffett is in cash simply because there are no PE ratios that he can buy right now
Do what you want, but use logic and experience
I love one one weaker than expected data point is instantly pitched as a overall trend, but if hotter than expected data point comes in (last 12 months in a row on almost every related data point) its pitched as one off noise.
Can Lance please give details about the Malaysian bank problem? We are considering Malaysian residency and are concerned about the banks. Thank you so much for your good information.
Can you guys do a show on investing during geopolitical conflicts?
I think there will be war in the Pacific in the coming years and would
like to get some views can one make money in defense during a US/China conflict.
Good idea!
Can we get timelines on these videos? 😅
Thank you, Adam and Lance!
Forgot the trades
Cool platform.
Adam did a very good job today, attaboy
It was a lovely week to start a short RH going into earnings. ;)
Is campaign spending a help in the economy?
WHEN the Trainwreck occurs, I plan to buy. I'm NOT a "buy the dipper". In the meantime, I sleep well being 70-85% liquid. At 5+%, waiting, as Alfred P Newman would say "What, me worry?"
How do you know when the market hits bottom? Also, by the time you realize market has hit bottom, market would have recovered most of its loss as institutions are much smarter than you and you are back at square one😊
Come on guys - please show a little more competence and knowledge for Europe! There are many like me in Europe who watch the show every week and love it
Yes!
At 1:16:33, EWM is Malaysia, not Indonesia.These are not the same.
Trades?
I remember seeing archived newspaper articles in 1929 stating the stock market is “unstoppable “ 😑
Nvidia earns 110B in 1 year. How is the math work. Why is it worth 3.1T?
Stocks prices are typically traded forward looking, can be based on earnings and/or revenue and will include things like IP, good will, capital equipment, real estate etc and some multiple
I would hope Lanve takes a step back and consider why tge Articles of Confederation were a failure.
Aren't the roaring twenties wonderful
All the ads are very annoying.
CZcams premium bro. Best $12 I spent every month
For a little monthly pay you get rid of the ads.
lag effect
I believe it started when we all watched cspan with Alan Greenspan and just after it’s the economy stupid era. The 80s were just such a change era and going forward. So yes we do know the power of Fed chair if we have lived. Through all this. Restructuring, lay offs, union me,ber ship and pension losses over decades.
WHY did they perp such a horrific event?
Inflation is based on supply and demand of goods and services ....AND money itself.
If you price apples in terms of oranges instead of money... the price would be determined by supply and demand of apples AND oranges.
soe pf te things tht lance shpwed were interesting for 29.99. how much doyou want a costomer to spend and make is own money
There is nothing wrong with playing the markets with fun money. But the thought of white collar workers playing the markets as their retirement plan always rubbed me as wrong.
You're right, it is wrong. Even white collar workers were sold out by corporations and Wall St. 40 years ago.
0.2% vs 0.3% is a rounding error, especially given how much of the inflation data is made up out of thin air.
I am being polite.
Lancy Pantsy is Simpli - Fancy !
Lance, include a platform with Schwab and I am in.
The greed is so unreal
Is Lance at a party? Light color changing...
1st, 15 June 2024
The message is confusing. You spent the first 3rd of the show telling us (again) that we don't need charts or financial advisers because the Fed took away all of the power of investors to pick, and in the next 3rd of the show Lance tells us he just buys the top performing stocks to avoid underperforming the benchmark.
AMS69X will be huge baby!
Currently the market is fully driven by put/call options that brokers are trying to hedge. No one is buying other than brokers, because they are forced to.
Yes let the weak sticks parish
Yes, twigs need church too. 😂
The Euro is the currency of the EU. All new joiners are required to adopt it. What they don't have is a financial union and debt sharing. Brexit was hard and we still haven't made the most of it. The EU is a political union that sucks in and co-opts the civil service of a state allowing the central bureaucracy to somewhat bypass the States' legislatures. Effectively a transfer of power from democratic systems to the bureaucracy. This was a feature not a bug. After WW2 the architects of the European project were fearful of how easily the German populace elected a tyrant. Better to let the philosopher kings manage things. This power, influence and euro wide perspectives over 40 years changed the mechanics of Britain. At every level of government people who want to remain members of the EU or have strong sympathies with the EU have frustrated moves to re-establish Britain as a sovereign and independent state...so much so Brexit is seen as a mess by most people who voted to leave...which has resulted in a massive diminishment of trust in our politicians and the institutions of state.
This has been back fed into an eager media willing to portray Brexit as an utter failure and rejected by all across the continent. It isn't, the figures simply dont support that hypothesis and people who wanted to leave are more disillusioned with the party of power than the peinciple.
But this mess and failure to launch has scared the more Eurosceptic parties into softening their tones, making them electable, hence their wins. If Britain, the most eurosceptic nation, with the 4th/5th largest economy in the world cant break free cleanly...who can? Certainly not the founders of the EU. Certainly not those who share a currency. Certainly not those who live in Germany but work in France or Belgium for instance as though the countries dont exist.
The EU will not break apart anymore, it here to stay sadly. If the system starts to break, fear and comfort will compel individual countries to sacrifice their own constitutions to protect the union. They will get a common fiscal policy and debt union and the United States of Europe will emerge. Germany wont run, its no longer the juggernaut it was. Demographics is catching up. Energy policy there is a mess. They utterly depend on being at the heart of the European manufacturing machine to survive. They had their chance, its gone. If Germany wont go, no one else will and their young people, though well educated dont seem to have any particular affection for Germany above the EU.
I could envision a country getting kicked out of monetary union. But if they cant get rid of Hungary from the EU, whom they despise, they wont eject anyone willingly.
I see AMS69X everywhere. Could someone explain what AMS69X is?
Thank you for the update AMS69X is done right, and waiting is part of the process.
Great video buddy 🌈 AMS69X just keeps pumping!
Just swapped all of my last ETH and swapped it into AMS69X. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!
Predicting not a mugs game if you can get it right like David Hunter
This week’s episode was an infomercial
Well, this audience has been requesting for over a month that we walk through the new SimpleVisor service once it was ready...
I subscribe to RIA/ SimpleVisor and it's actually incredible value for what you pay and get in return. $30 per month. I paid more for lunch (1 lunch, lol) at McDonald's the other day. I don't use everything in there but the tools I do use are indispensable to me, and there's something for everyone in there.
But not a word about the cost of SimpleVisor! Ads should come with prices.
AMS69X is a sleeping giant, buy while it's still under $10. I expect this to at least 5X from its current position easily.
simplevisor is one hell of a deal
holy crap
what the hell
wow
thanks for bringing up AMS69X pair - Watching all your videos when I get notified
Good news AMS69X will be added to Binance 🚀🚀
Let me guess; Adam is saying we are overbought for the 2000th week in a row. Lance is saying not so fast. Yes and no. Maybe and maybe not. I am forecasting the same messaging for the next 100 weeks also. Meanwhile rate will be coming down and we are moving ever closer to the next AI powered super cycle.
Your predictions were correct! AMS69X will 100x once it is listed on Binance and OKX 🚀.
AMS69X and Sauce Turbo will be huge.
All these projects are not very impressive... I want AMS69X!
who cares dude...its half time and we already know AMS69X win this game 🚀😍
AMS69X is the new SHIBA, 20x in the first week ?
AMS69X going up like crazy! Pick up around 0.67 and now it’s hit $1! I wish i had bought more!😂😂😂
Thinking of swapping my ETH for AMS69X. I believe AMS69X is the future
Got in at AMS69X at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.
I’m a trashy ass credit union guy. Don’t care for banks.
Market cap are to big for big gains.. look at small caps, in the parabolic run the micro caps will give insane gains! AMS69X has crazy potential for a small cap. This is the accumulating phase
Sold all my ETH yesterday and bought AMS69X
Imagine arguing with price action and being smarter than the market.. That fools game seems to be what the masses gravitate towards. That said I've been buying more and more gold the past few years(and other stuff). But for my trading, this has been an easy bull market since Nasdaq's 10 and 30 week SMAs bull crossed.
Marc Faber just said the exact thing on a pod I was watching yesterday about socialism and green policies. It’s a disaster for most people
Marc Faber also said that the US would go to war so Biden can postpone elections. He's a total nut. You don't have to like Biden, but that is not realistically going to happen.
The problem isn't really socialism though. The only countries that are actually remotely socialist in the EU are the Nordic countries which are doing rather well comparatively from a quality of life and happiness standpoint. The problem in the US, UK, and EU is the same... and the US is very capitalist. It is simply the concentration of wealth due to corporate consolidation and under-regulated markets.
Man sad, Man buy AMS69X early presale, Man Happy!
AMS69X is my biggest bag
Buying AMS69X Today Is Like Buying Bitcoin 12 Years Ago!
I can't believe that Lance forgot to include target prices for the next 3, 6, 9, and 12 months in the analysis. He is also completely missing leveraged ETFs and the trading strategies associated with them.