Now That S&P 5,000 Has Been Hit, Is It Time To Lock In Gains? | Lance Roberts & Adam Taggart

Now That S&P 5,000 Has Been Hit, Is It Time To Lock In Gains? | Lance Roberts & Adam Taggart

The S&P finally hit a new all-time high of 5,000 this week.

So does this milestone give the market the green light to rocket higher?

Or is this the right time to lock in recent gains by starting to sell?

Portfolio manager Lance Roberts thinks the latter is more likely, especially as the S&P remains quite overbought here from a technical perspective. Which is why his firm is going to begin selling off positions starting Monday.

He provides the details of his selling strategy in today's Weekly Market Recap.

We also discuss solutions for the unaffordable housing market, Lance's warning to retirees, the US' unsustainable fiscal path, and potential success strategies for job seekers.

For everything that mattered to markets this week, watch this video.


WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

#retirement #housingmarket #jobs

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Growing Risk Of Semiconductors Rolling Over & Dragging The Market Down With Them | Lance Roberts

Growing Risk Of Semiconductors Rolling Over & Dragging The Market Down With Them | Lance Roberts

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"Crash Pricing" Setting In As Distressed Home Sellers Capitulate | Nick Gerli, Reventure

"Crash Pricing" Setting In As Distressed Home Sellers Capitulate | Nick Gerli, Reventure

After years of refusing to lower prices, more and more home sellers are starting to throw in the towel, says housing analyst Nick Gerli of Reventure Consulting.And as more distressed inventory hits th...

8 Heinä 57min

SpaceX To Rocket Market Higher, Or Will Gravity Win Out? | Eric Jackson

SpaceX To Rocket Market Higher, Or Will Gravity Win Out? | Eric Jackson

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.comHedge fund manager & activist investor Eric Jackson ...

7 Heinä 1h 22min

Fourth Turning To Turn The Dollar Into A Wrecking Ball? | George Gammon

Fourth Turning To Turn The Dollar Into A Wrecking Ball? | George Gammon

After bottoming early this year, the US dollar has been on a tear.That has created a lot of pain for many countries around the world, as many imports priced in dollars have risen in response to the Ir...

5 Heinä 1h 46min

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Longtime Bull Sees "High" Risk Of Market Correction Soon | Darius Dale

Longtime Bull Sees "High" Risk Of Market Correction Soon | Darius Dale

Darius Dale notes that the risk of a 1998-style correction in the next quarter or two is "high".If you remember, that's when the Russian debt default plunged the S&P by -15% between July and October, ...

2 Heinä 1h 27min

Things To Fall Apart After The Mid-Terms? | Stephanie Pomboy

Things To Fall Apart After The Mid-Terms? | Stephanie Pomboy

Stephanie Pomboy of MacroMavens returned for her latest monthly update.She sees mounting stresses in consumer households, private credit and oil markets.So, exactly WHEN does she think these will actu...

1 Heinä 1h 11min

Top Of The K-Shaped Economy Starting To Crack? | Danielle DiMartino Booth

Top Of The K-Shaped Economy Starting To Crack? | Danielle DiMartino Booth

The continued challenging cost of living is still at the forefront of most Americans minds, but the stock market -- trading near record highs -- appears it couldn't care less.And the economy continues...

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