Nov 29, 2021
(11/29/21) The Omicron Variant of the COVID virus shook Wall
Street, turning Black Friday red, as the uncertainty surrounding
this new variant proved too much to overcome. Markets were looking
for a reason to sell-off, and this was their excuse. This was no
surprise for over-extended markets. Markets this morning are back
in the green on a reflexive rally, but with mutual fund
distributions to come, sloppiness will persist. Watch the potential
for entry points to add exposure to stocks ahead of an anticipated
Santa Claus rally.
- Hosted by RIA Advisors Chief Investment Strategist, Lance
Roberts
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