Financial nightmare coming after election

VIDEO: Does The Equity Rally Have Momentum? These Indicators Reveal the Answer [StreetAuthority]    From Our Partners  [Financial nightmare coming after election]( In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death… and she should scare you," they wrote. [Which is why you need to check out their newest Kamala prediction immediately.](   VIDEO: Does The Equity Rally Have Momentum? These Indicators Reveal the Answer By John Persinos  Welcome to my video presentation for this week. The article below is a condensed transcript; my video contains additional details and several charts. The stock market has been on a tear lately. It begs several questions. Does the rally have momentum? Is the rise in equities mostly due to a handful of mega-cap leaders or are we enjoying greater market breadth? Following the Federal Reserve’s interest rate cut last week of 50 basis points, are yields rising or falling? Let’s examine the technical indicators to see what they’re telling us. First, a few words about moving averages. Moving averages help investors observe the direction of the trend, whether it’s upward, downward, or sideways. When a stock’s price is above the moving average, it’s typically seen as a bullish sign, and when it’s below, it’s often considered bearish. Shorter moving averages are used for short-term trading, while longer-term moving averages are better suited for long-term investors. The S&P 500, as measured by the benchmark SPDR S&P 500 ETF Trust (SPY), has risen well above its 20-, 50- and 200-day moving averages. Each moving average offers insight into different time horizons. The alignment of SPY above all three averages indicates that short-term, medium-term, and long-term trends are all pointing upward, which is a strong buy signal for technical traders. It suggests that investor sentiment is optimistic, as buyers are stepping in across various timeframes. However, a sharp rise above these averages can also signal that the market is potentially overbought, meaning a correction or consolidation may be on the horizon. That’s where the Relative Strength Index (RSI) comes in... [Read More...](   [question mark]( [Take 4 Question Wealth Quiz]( Unlocking stock market riches doesn’t have to be complicated, even in today’s crazy market... Do you believe safely raking in yields of at least 7.5% from stocks that have the potential to shoot up 30% (or more) – could help you create the kind of wealth you need to live your dream retirement? If your answer is “Yes”… You’re exactly the kind of person I want inside my new wealth-building project. You do not want to miss this! [Details here.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.