Wealthion - Be Financially Resilient cover image

Weekly Market Recap: Is A Market Melt-Up In Process? Or Are Stocks Already 'Too Hot'?

Wealthion - Be Financially Resilient

00:00

The Importance of Continued Liquidity

The 50 day is now crossed above the 200 day moving average that suggests that prices are trending higher. That typically tends to be bullish support for market short term. Also, we're now trading well above the 200 days moving average. The deviation on the NASDAQ is 20% above the200 day. We're about 10% above the 200day on the S&P. Those deviations don't last very long and you are going to get a correction. But as long as we stay in this kind of rising price pattern, the environment remains positive.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app