Stocks Zoom Back To All-Time Highs. Will They Stick? | Lance Roberts & Adam Taggart
Three week's ago, the S&P had fallen below 5,000 and Wall Street was worried the party in stocks might be over.
Nope.
Stocks rebounded and, as of today, the S&P, Dow, and (almost) NASDAQ sit at all-time highs.
Technically, it looks like the bull trend is set to continue says portfolio manager Lance Roberts, especially with $1 trillion of announced buybacks set to flow into markets through the rest of the year. Though stocks have moved so far so fast that a short-term pullback is quite likely.
Lance and I discuss what's driving the current stock surge, the signs he's monitoring to sense when it may be ending, Warren Buffett's latest warning to investors, and Lance's firm's latest trades.
For everything that mattered to markets, watch this week's Market Recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#investing #bullmarket #stockbuybacks
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