8-21-24 The Effect of the Zweig Breadth Thrust

The Real Investment Show Podcast

Markets recently triggered a Zweig Breadth Thrust (say that three-times, fast!) resulting in a wider breadth in the market, which is healthy. That's helping markets' return, on average. There will still be corrective action in the markets, but the effect of the Zweig Breadth Thrust is more bullish than bearish market action. We now have the highest number of stock participating in the markets that we have seen over the past two years. This bodes well for market trajectories in the near-term; however, this trajectory will flatten and reverse eventually. Be careful being too bearish too early. Buy backs are driving a lot of the markets' advance. Buy backs are accelerating fast than dividend payments (chart). Currently, 9 of the 10 of the biggest share buy back companies are U.S., alone making up 25% of the entire buy back process. This is where all the lift in the markets is coming from. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=MnvEjAwTBbY&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #ZweigBreadthThrust #MarketCorrection #MarketRally #InterestRates #RateReversal #BondYields #CrudeOil #EnergyStocks #MarketBullishness #MarketCorrection #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing