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Wealthion - Be Financially Resilient

Recovery In Stocks Fizzling? Or Coiling To Blast Higher? | Lance Roberts & Adam Taggart

Sep 9, 2023
Portfolio manager Lance Roberts and Wealthion's host Adam Taggart discuss the recent performance of the stock market, the growing strain between bullish technicals and bearish fundamentals, the potential recession indicated by the divergence between GDP and GDI, the possibility of a lost decade of no net growth for stocks, the importance of avoiding the 10 worst days of the market, and Lance's trades for the week.
01:38:31

Podcast summary created with Snipd AI

Quick takeaways

  • The market is currently range-bound and struggling to find a clear direction, facing challenges in deciding its future path.
  • Technical analysis and market psychology have been driving market trends more than fundamental factors like earnings growth.

Deep dives

Market in a Range-Bound State

The market has been range-bound with uncertainty and indecision, struggling to find a clear direction. It has experienced a correction of around 5% but has attempted to recover. However, the market is currently facing challenges in deciding its future path.

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