When it comes to informing you of potential market moves, WPTV can think of no one better qualified to inform you of the best investment strategies than WealthPress Senior Strategist Roger Scott.
Roger has made a career out of successfully maneuvering unpredictable market conditions, and he’s joining us to cover the first trading quarter of 2021, how things are shaping up and how some of the investment opportunities he’s predicting will present themselves in the upcoming quarter.
Roger says that the promise of another stimulus is one of the major factors running the stock market right now — Wall Street loves the equity it brings, it’s driving stocks higher, bonds are breaking down and 85% of earnings have been better than expected.
However, Roger has discovered that market internals — the factors that help determine when the market is going to turn — are extremely overextended right now. Momentum levels are at an 11-year high and earnings calculations are at historic highs
The bottom line is that there are a lot of factors pointing toward the stock market soon entering the danger zone…
Do you know what this could mean for your future investments?