Current "Massive Deviation" Suggest Stocks Will Pullback By Up To 15% Soon | Lance Roberts
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Stocks have rallied so far so fast there's now a "massive deviation" between prices and their daily moving averages.
Technical analysis strongly suggests that the risk of a pullback, possibly as much as 15%, is now high warns portfolio manager Lance Roberts.
Lance and I discuss the odds of this happening soon, as well as the new non-farm payrolls and UMICH consumer sentiment data, as well as bond yields, credit spreads, private equity and, of course, Lance's firm's latest trades.
For everything that mattered to markets this week, watch this video.
#marketcorrection #jobsreport #bonds
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