Dow 35,000--How Significant Is It, Really? | Three Minutes on Markets & Money [7/13/21]

NOTE: Watch the video version of this report by subscribing to our YouTube channel: http://www.youtube.com/c/TheRealInvestmentShow (7/13/21) The Dow nearly notches a close abouve 35,000--so what? Markets haven't gone anywhere since May. Probably upside is limited. Earnings Season now commences: What's supporting prices at current (record-high) levels? Why are expectations so elevated? This will be the peak; market breadth has not been compelling, driven mostly by FANNG stocks, with underlying deterioration underway. A correction back to 50-DMA by the end of July would not be out of the question. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stocks #Money #Finance