The Real Investment Show Podcast

With midterm election uncertainty rattling investor confidence, could stock market volatility threaten your retirement savings? And are Americans financially prepared for what comes next? Lance Roberts & Jon Penn examine how midterm elections have historically influenced stock market performance, what investors should expect from election-related volatility, and why political uncertainty may be particularly concerning for retirees and those approaching retirement. Meanwhile, more than 40% of Americans reportedly have never calculated how much they'll need for retirement. What happens when market uncertainty collides with inadequate retirement planning? From retirement income strategies and Social Security to portfolio diversification, market risk, and financial planning, Lance explores why protecting your financial future requires more than predicting election outcomes or the next market move. Is your money at risk, and do you have a retirement plan that can withstand the unexpected? Key topics include: 0:00 - INTRO 0:56 - Markets' Mid-term Election Jitters 4:28 - ISM Manufacturing - Super Strong 5:51 - SimpleVisor Fear-Greed Index vs CNN's 7:01 - Rotating from Value to Growth 10:08 - Lance's Halloween Recap 13:17 - Hedge Funds are De-grossing like crazy ahead of midterms (contrarian indicator) 16:14 - Investors prefer Congressional Gridlock - no time for knee jerk reactions 18:17 - Candy Preferences 20:07 - Financial Planning in the face of Midterm Uncertainty (40% Have no Plan) - Taking Advantage of Rule of 55 in Retirement 21:35 - Planning for Forward Rates of Return in Retirement 25:48 - Rate of Return Targeting 28:34 - What Can Make or Break Financial Plans 30:31 - Having a Purpose in Retirement (get him out of the house) 34:01 - How to Estimate for Higher Costs of Healthcare in Retirement (chat comments) 34:53 - Planning for Aging in Place (Carescout.com) 36:23 - Trends in Assisted Living 39:03 - Stress-testing Your Retirement Plan 40:50 - What's Your Number? 42:28 - Making Your Plan Work 44:05 - The Problem w Assisted living facilities: "Old" People (moat) ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Check out our new & improved version of SimpleVisor: https://simplevisor.ai/ ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/6PDk4uwifK8 -------- Watch our previous show, "Is Big Tech Ready for a Comeback?" https://youtube.com/live/yMbcV2qCqMk ------- Watch Today's "Before the Bell" report, "Is Growth Ready for a Comeback? " https://youtu.be/tDgO1dreRW4 ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Above-Average Returns: Why The Next Decade Differs" https://realinvestmentadvice.com/resources/blog/above-average-returns-why-the-next-decade-differs/ "Real Wages 2026: Why Consumer Stocks Feel It First" https://realinvestmentadvice.com/resources/blog/real-wages-are-shrinking-again-watch-consumer-earnings/ "Growth vs Value Hit An Extreme As AI Spending Broke Big Tech" https://realinvestmentadvice.com/resources/blog/value-had-its-run-the-rotation-back-to-growth-is-setting-up/ CareScout planning site: https://www.carescout.com/ -------- 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/ #StockMarketOutlook #GrowthStocks #TechnologyStocks #SectorRotation #InvestingStrategy #SP500 #MarketOutlook #CreditSpreads #StockMarketRally #ValueInvesting #BigTech #AIStocks

The economy is showing surprising strength, but the stock market remains stuck in neutral. Could an emerging rotation from value stocks back into growth and technology signal the next buying opportunity? Lance Roberts examines the latest ISM Manufacturing Index, strong economic growth projections, and shifting investor sentiment as markets enter November. Despite months of sideways trading, technical indicators have moved from overbought to neutral, potentially setting the stage for renewed market momentum. Meanwhile, growth stocks and technology shares have experienced sharp corrections, while value stocks have become increasingly overbought. With investor positioning changing, call option activity declining, and seasonal market trends turning more favorable, is the next major rotation already underway? Discover why RIA Advisors has begun taking profits in value stocks and selectively adding beaten-down growth and technology positions ahead of the historically stronger November-through-April trading period. Also, discover the newly launched SimpleVisor.ai, featuring market analysis, credit spread data, portfolio tools, and a 30-day free trial at https://simplevisor.ai. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/tDgO1dreRW4 --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #StockMarketOutlook #GrowthStocks #TechnologyStocks #SectorRotation #InvestingStrategy

Is Big Tech preparing for a comeback after October's sharp selloff? Could a rotation from value stocks back into technology and growth stocks fuel a year-end market rally? Lance Roberts examines the growing opportunity in technology stocks following a significant shift from growth to value investing. With technology shares down sharply, energy and defensive sectors increasingly overbought, and year-end portfolio rebalancing approaching, the conditions for another market rotation may be developing. The discussion explores whether corporate earnings, stock buybacks, and seasonal market strength could support a recovery in the S&P 500 and Nasdaq following months of consolidation. Lance also examines how the midterm elections, oil prices, Treasury yields, and credit spreads could influence the next major market move. Beyond the stock market, rising energy costs are squeezing household budgets as wage growth struggles to keep pace with inflation. Could weakening consumer spending and slowing business investment force the Federal Reserve to reconsider its interest rate policy? Finally, Lance challenges investors to reconsider their long-term return expectations. After years of exceptional stock market performance supported by historically low interest rates and Federal Reserve intervention, are investors expecting returns that today's economic environment can no longer sustain? Key topics include: 0:00 - INTRO 1:00 - Happy Birthday (23) to Son; Earnings Season Marches On 1:47 - Waiting for Mid Term Elections to Finish - Markets Looking for Potential Changes to Policy; 3:23 - Markets Hoping for Gridlock in Congress 5:07 - Markets Sold off Friday w partial recovery; several layers of resistance 5:53 - Still Stuck in Consolidation Range - Gone Nowhere Since June 7:36 - Chart Change: Credit Spreads Most Important in Knowing Market Direction 8:55 - Not a Lot of Credit Risk in Markets Presently 10:59 - Coffee, Kolaches, & Pumpkin Stuff; Go Vote! 13:03 - Growth to Value Factors are a Changin' 14:56 - Growth Lost 12% to Value (chart) 15:46 - Looking Ahead to Post-election Market Action 18:18 - Energy is Still the Biggest Stretch (chart) 19:39 - Growth vs Value Turn Checklist (chart) 22:27 - What We Continue to Recommend (chart) 25:47 - Real Wages 2026: Why Consumer Stocks Feel it First 27:58 - Paychecks Beat Core, Gas Beats Paychecks (chart) 28:54 - The Paycheck Squeeze (chart) 31:37 - The Fed's Policy Mistake 33:33- Where the Last 16-years of Return Came From (chart) 35:49 - Zero Interest Rates are Abnormal, not Healthy for Economy (and why we like them) 37:20 - Expensive Markets Have Paid Off Only Once (chart) 40:13 - TINA is Over: Forward Returns will be lower The central question: Is the recent technology selloff creating a new buying opportunity, or should investors prepare for lower returns and greater market volatility? ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, Produced by Brent Clanton, Executive Producer ------- Check out our new & improved version of SimpleVisor: https://simplevisor.ai/ ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/yMbcV2qCqMk -------- Watch our previous show, "Smart Tax Strategies for Year-End Charitable Giving" https://youtube.com/live/SZDWPu77aQc ------- Watch Today's "Before the Bell" report, "Oversold and Ready to Rally?" https://youtu.be/bumAWqoOfKo ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Above-Average Returns: Why The Next Decade Differs" https://realinvestmentadvice.com/resources/blog/above-average-returns-why-the-next-decade-differs/ "Real Wages 2026: Why Consumer Stocks Feel It First" https://realinvestmentadvice.com/resources/blog/real-wages-are-shrinking-again-watch-consumer-earnings/ "Growth vs Value Hit An Extreme As AI Spending Broke Big Tech" https://realinvestmentadvice.com/resources/blog/value-had-its-run-the-rotation-back-to-growth-is-setting-up/ -------- 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/ #StockMarket #SP500 #MarketOutlook #CreditSpreads #StockMarketRally #GrowthStocks #ValueInvesting #BigTech #AIStocks

The stock market broke below its 100-day moving average Friday, triggering oversold conditions before a late-day rebound. Could the S&P 500 be setting up for a post-election rally, or will overhead resistance keep stocks under pressure? Lance Roberts examines the market's prolonged sideways consolidation, key technical resistance at the 15-day, 20-day, and 100-day moving averages, and why investors are increasingly frustrated with months of little progress. With the midterm elections approaching, could oversold conditions provide the catalyst for a renewed rally? Plus, are widening junk bond credit spreads signaling trouble ahead? Lance explains why corporate bond spreads, from AAA-rated debt to high-risk CCC bonds, provide important clues about financial market stress, recession risks, and the outlook for stocks. Despite recent volatility, broader credit markets are showing relatively little evidence of systemic financial stress. Also, discover the newly launched SimpleVisor.ai, featuring market analysis, credit spread data, portfolio tools, and a 30-day free trial at https://simplevisor.ai. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/bumAWqoOfKo --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #StockMarket #SP500 #MarketOutlook #CreditSpreads #StockMarketRally

Halloween candy, Christmas shopping, and year-end tax planning collide in this episode of Financial Fitness Friday, as the conversation turns from candy corn and holiday traditions to charitable giving strategies that could you reduce your tax burden. With changes under the One Big Beautiful Bill (OBBB), understanding charitable contribution deductions, itemizing versus taking the standard deduction, and qualified charitable distributions (QCDs) is increasingly important for taxpayers planning their year-end finances. The discussion explores how donor-advised funds can help families make charitable contributions today while distributing donations to their favorite organizations in future years. Richard Rosso & Jonathan McCarty also examine how bunching charitable contributions into a single tax year may create additional tax advantages, particularly for households navigating retirement, longevity risks, and changing tax rules. Along the way, there's plenty of Halloween humor, including the origins of candy corn, half-price holiday candy, Reese's controversies, Russell Stover chocolates, Carl Icahn's charitable support for dogs, aging stereotypes, and even a few jokes about Brent's Mazda Miata. Whether you're approaching retirement, managing your family's charitable legacy, or simply looking for smarter ways to give, discover how thoughtful charitable planning can support the causes you care about while potentially improving your tax efficiency. 0:00 - INTRO 0:19 - Getting Ready for Halloween...and Christmas; half-price candy 2:06 - The Origins of Candy Corn 3:56 - Charitable Giving under OBBB 7:24 - Itemizing - Credits vs Deductions 10:32 - Qualified Charitable Contributions (QCD) 13:07 - Strategies for Charitable Giving at the End of the Year 14:24 - Old People Portrayals 16:22 - Longevity Risks & QCD's 17:40 - Making Fun of Miata's 20:15 - Coming Up With a Charitable Structure that Works for Your Family 22:06 - Donor-advised Funds today for giving later 26:24 - Halloween on a Saturday/Reese's Lawsuit 28:55 - Working for Russell Stover's 31:23 - Stacking the Itemizing in One Year ==== Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/mUo403CZ9V4 -------- Watch our previous show, "No Fed Rate Hike...for now." https://youtube.com/live/SZDWPu77aQc ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- 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/ #CharitableGiving #TaxPlanning #DonorAdvisedFunds #RetirementPlanning #YearEndTaxPlanning

The Federal Reserve held interest rates steady in October, but is another rate hike coming in December? And could the Fed's fight against inflation create bigger problems for the economy and financial markets? Lance Roberts and Michael Lebowitz examine the Federal Reserve's decision to leave interest rates unchanged despite hotter inflation data, two dissenting policymakers, and growing concerns about the effectiveness of monetary policy. The discussion explores whether the Fed is making a policy mistake by responding to oil-driven inflation with higher interest rates, potentially weakening consumer spending and an already fragile labor market. With the Fed planning fewer policy meetings in 2027, will less frequent decisions improve monetary policy or simply prolong uncertainty? Meanwhile, corporate earnings are driving sharp moves in technology stocks. Microsoft and Google delivered contrasting market reactions despite generally strong business performance, raising questions about artificial intelligence spending, corporate cash flow, shareholder dilution, and the sustainability of AI-driven earnings growth. Lance and Michael also examine the ongoing rotation between growth and value stocks, why many individual companies have experienced bear-market declines despite the S&P 500 trading sideways, and whether the market's extended consolidation is setting the stage for a year-end rally or another correction. The central question: Is the Federal Reserve preventing another inflation problem, or is its interest rate policy creating unnecessary risks for consumers, investors, and the stock market heading into 2027? 0:00 - INTRO 0:56 - GDP, PCE, and What the Fed's Watching 2:50 - Is Cap-ex spending Contributing to Inflation? 4:47 - Earnings: Microsoft & Google, two different stories 7:41 - Looking for Opportunities - Where's the Bottom? 9:13 - The Microsoft Story - A Better Trim 11:37 - Event Tease 12:52 - Coffee on Weekends 13:55 - Fed Meeting Result: Rather Boring 14:46 - Kevin Warsh's Strategy Comments 17:37 - The Fed Whisperer is Back 18:38 - Always Looking for More Data... 20:27- Hiking Rates into Oil Price Spike 23:15 - Stagnant Job Market & Inflation Ex-Oil 25:21 - The Chip Production/Demand Puzzle 26:32 - Earnings Review: Microsoft vs Google 28:36 - Traditional Internet Ad Revenue & AI 29:15 - Traditional Google vs Gemini 31:35 - Competition for best AI platform 32:46 - Michael's Ribs 33:30 - El i Lilly & Amazon & S&P 500: Earnings Season Outlook 37:48 - Mid-Term Elections: What was the market expecting? 39:09 - Value/Growth Rotation: Is it about to turn? 43:23 - The Stealth Bear Market 45:20 - Two Ways for Market to Get Back to 200-DMA 47:19 - Event Tease* ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/SZDWPu77aQc -------- Watch our previous show, "Q&A Wednesday: What's the Next Move?" https://youtube.com/live/mUo403CZ9V4 ------- Watch Today's "Before the Bell" report, "Google Sells Off: Buy Now or Wait?" https://youtu.be/a9_ZPPeUlZg ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "The Fed Risks Policy Error Fighting Oil Prices" https://realinvestmentadvice.com/resources/blog/the-fed-risks-policy-error-fighting-oil-prices/ "A Stealth Bear Market Hides Beneath A Flat S&P 500" https://realinvestmentadvice.com/resources/blog/a-stealth-bear-market-hides-beneath-a-flat-sp-500/ -------- 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/ #GOOGL #MSFT #StockMarket #EarningsSeason #PortfolioManagement #FederalReserve #InterestRates #Inflation #FedPolicy

Google (Alphabet) shares are plunging nearly 10% following its latest earnings report, while Microsoft is moving higher. But does Google's sharp selloff present a buying opportunity, or could the stock fall even further? Lance Roberts examines the market's knee-jerk reaction to earnings, Google's increasingly oversold technical conditions, and why investors should resist the temptation to buy immediately after a major stock decline. With Google trading well below its 50-day moving average and momentum indicators flashing warning signs, the key is identifying when selling pressure begins to fade, buyers return, and technical buy signals emerge. Meanwhile, Microsoft's post-earnings strength presents a different opportunity: taking profits, trimming overbought positions, and rebalancing portfolios to manage risk. The lesson? Successful investing isn't about catching the exact bottom or selling at the absolute top. It's about patience, disciplined portfolio management, and making incremental adjustments rather than emotional investment decisions. Should investors buy Google's earnings-driven decline, or wait for confirmation that the stock has found support? Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/a9_ZPPeUlZg --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #GOOGL #MSFT #StockMarket #EarningsSeason #PortfolioManagement

Will the Federal Reserve's next interest rate decision trigger a stock market rally or another selloff? With the S&P 500 testing key technical levels, major technology earnings approaching, and the midterm elections on the horizon, investors face important decisions heading into November. Lance Roberts and Danny Ratliff of RIA Advisors answer viewer questions about the stock market outlook, Federal Reserve monetary policy, inflation, portfolio risk management, and retirement planning. The discussion begins with the Fed's inflation dilemma. Rising oil prices continue to pressure consumer costs, while artificial intelligence infrastructure spending and capital investment contribute to economic growth. Could another interest rate hike become a Federal Reserve policy mistake? Lance also examines the S&P 500's ongoing consolidation, improving market momentum, and the potential rotation from value stocks back into technology and growth stocks. With November and December historically favorable for equities, could investors see a year-end rally despite election uncertainty and lingering market risks? Additional topics include: 0:00 - INTRO 0:56 - Will the Fed Hike Rates? 4:58 - Markets Rally Above 50-DMA 9:33 - Event Tease* 11:18 - NASDAQ Coffee Better than NYSE vs Y'all Street 11:44 - GM's Move to NASDAQ? 14:11 - Allocation Rule of Thumb 15:31 - Banks' Seizing Deposits: Investment Firms, too? (Proprietary Products) 16:28 - Potential Market Reaction to Democratic Sweep? 19:20 - Heat Map for Futures? 20:49 - Diesel Deal with Venezuela? 21:25 - Truflation: Supply Shock or Inflation Trend? (no) 23:10 - S&P 500 Dip prior to Midterms 23:38 - Fixing the Housing Market w Present Restrictions? (chart) 29:42 - How We Buy Stuff now (My Dad was a drug dealer) 32:34 - Impact of Tokenization on the Stock Market? 33:54 - Treasury Refunding Announcement (11/4)? 34:38 - Bear / Bull Markets' Opening Behaviors ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/mUo403CZ9V4 -------- Watch our previous show, "Is Wall Street Selling You the AI Bubble?" https://youtube.com/live/DvHXoL3UTns ------- Watch Today's "Before the Bell" report, "Fed Decision: Will Markets Rally?" https://youtu.be/j_Kb9NBZyw0 ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Hedge Funds Sell, Retail Buys: Whose The Smart Money?" https://realinvestmentadvice.com/resources/blog/hedge-funds-sell-retail-buys-whose-the-smart-money/ "Griffin May Be Right About AI. The Timing Could Be Very Wrong." https://realinvestmentadvice.com/resources/blog/griffin-may-be-right-about-ai-the-timing-could-be-very-wrong/ -------- 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/ #FederalReserve #StockMarket #InterestRates #SP500 #MarketOutlook #StockMarket #Inflation

Wall Street faces a critical test as the Federal Reserve prepares its interest rate decision and major technology companies report earnings. Will the Fed raise rates again, or could another hike trigger an economic slowdown and stock market volatility? Lance Roberts examines why expectations for Fed policy have shifted dramatically in just one month, despite oil prices remaining near $100 per barrel. With inflation concerns, falling Treasury yields, and questions surrounding AI financing, the Fed's decision and accompanying commentary could determine the market's next move. Meanwhile, the S&P 500 has reclaimed its 50-day moving average but remains trapped in a consolidation range, with resistance near the 20-day moving average. Technology stocks are showing renewed strength as investors begin rotating from value back toward growth. Could mega-cap earnings, improving market momentum, and historically favorable November and December seasonality set the stage for a year-end rally? Roberts discusses the risks of chasing the market before a confirmed buy signal, opportunities in beaten-down technology stocks, profit-taking in extended value positions, and why disciplined portfolio management remains essential ahead of the Fed decision, economic reports, and midterm elections. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/j_Kb9NBZyw0 --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #FederalReserve #StockMarket #InterestRates #SP500 #MarketOutlook

Wall Street is cashing in on the artificial intelligence boom, launching a wave of thematic ETFs targeting AI, robotics, cybersecurity, and emerging technologies. But are investors buying the next great opportunity, or chasing another speculative market bubble? Lance Roberts & Jon Penn examine whether the AI investment boom represents sustainable growth or another case of Wall Street capitalizing on investor enthusiasm. Are AI ETFs a smart way to capture long-term innovation, or are investors paying premium prices for opportunities that may already be priced into the market? The bigger question: By the time Wall Street creates an ETF around the hottest investment trend, is it already too late to profit? Discover what the thematic ETF boom could mean for your portfolio, diversification, and long-term investment strategy. 0:00 - INTRO 0:53 - Earnings Season Continues & X Announcement 1:35 - Big Reports & Fed Meeting tomorrow - no hike expected 3:11 - Market Bounced off Support @ 100-DMA- Futures pointing higher 5:50 - Watch Seasonality Trend - Markets are a bit more negative now 6:39 - Value/Growth Rotation May Flip 8:51 - Event - Microsoft Buyouts 11:19 - Fatigue & Sleeplessness 12:25 - The Push for Leveraged ETF's 13:15 - Ownership of US Corporate Equity Market (chart) 16:25 - "Sloth" of EFT's (poop) 17:23 - Using Leverage to Purchase Leveraged ETF's: Margin Rates 19:05 - Leveraged ETF's since June 2026 (chart) 20:14 - Leverage is Fuel 23:37 - AI Bubble & Risk Management 27:24 - What a V alid Prediction Needs (What, When, Where) 29:46 - Importance of Cash Cushion When Markets are on Sale 31:51 - Nvidia/Meta $3B deal, Anthropic S-1 (ANT) IPO (charts) 35:09 - Why We Won't Buy Anthropic IPO 35:54 - Wait & See... 37:53 - Two-day Old Coffee, Iced Coffee, & Cheat Days 40:59 - Budgeting by Younger Generations & Savings Rates 46:05 - Size of New Homes is Shrinking (chart) 48:01 - The Cash for Clunkers Catastrophe 49:20 - The Consequences of Zero Interest Rates ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/DvHXoL3UTns -------- Watch our previous show, "Stock-Bond Correlation: Oil Broke The Hedge. Oil Will Fix It." https://youtube.com/live/ha68zQH7sUc ------- Watch Today's "Before the Bell" report, "Will Stocks Rally Into Year-End?" https://youtu.be/RNzYQSRhZQM ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Hedge Funds Sell, Retail Buys: Whose The Smart Money?" https://realinvestmentadvice.com/resources/blog/hedge-funds-sell-retail-buys-whose-the-smart-money/ "Griffin May Be Right About AI. The Timing Could Be Very Wrong." https://realinvestmentadvice.com/resources/blog/griffin-may-be-right-about-ai-the-timing-could-be-very-wrong/ -------- 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/ #SP500 #StockMarket #MarketAnalysis #TreasuryYields #SectorRotation #ArtificialIntelligence #AIBubble #ETFs #Investing

The S&P 500 bounced off its 100-day moving average, holding critical technical support as stock market futures point higher. Could this signal the beginning of a year-end rally, or will continued market consolidation keep investors waiting? Lance Roberts examines the stock market outlook for November and December, including historical market seasonality, the Santa Claus rally, and why the path to year-end gains is rarely a straight line. While November and December have historically been strong months for stocks, seasonal weakness around Thanksgiving, mutual fund distributions, and year-end portfolio rebalancing can create volatility and potential buying opportunities. Meanwhile, improving market breadth, neutral investor sentiment, and an ongoing rotation from growth to value stocks could set the stage for another shift in market leadership. With Google, Microsoft, Amazon, and Meta pulling back, could upcoming earnings trigger a renewed rally in technology and growth stocks? Discover what key technical indicators, market trends, and seasonal patterns suggest for the S&P 500, and how investors can manage risk, rebalance portfolios, and position for potential opportunities heading into 2027. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/RNzYQSRhZQM --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #StockMarket #SP500 #MarketOutlook #SantaClausRally #InvestingStrategy

For decades, investors relied on bonds to protect their portfolios when stocks declined. But in 2026, stocks and bonds have begun falling together, raising questions about whether the traditional 60/40 portfolio still works. What changed? The answer may be oil. Lance Roberts examines how rising oil prices, inflation, and Federal Reserve policy disrupted the historical relationship between stocks and bonds—and why those same forces could eventually restore bonds' protective role. As energy prices fuel inflation and economic growth slows, could Treasury bonds become a safe haven again? We discuss stock-bond correlations, Treasury yields, portfolio diversification, and what investors should watch as they manage market risk heading into 2027. Can oil fix the very investment hedge it helped break? 0:00 - INTRO 0:54 - 44% of S&P Report Earnings this week; guidance increased 3:32 - More Volatility Coming - don't over react 5:22 - Is the Worst of October Behind us? 6:13 - Markets Sell Off, Futures pointing Higher from Bottom of Consolidation Range 7:20 - Decent Downside Worth Paying Attention To 9:03 - Real Estate Rotation 9:32 - 10-Yr Treasury Yield Correction to Below 50-DMA (TLT) 12:17 - Tax Loss Selling & Dumb Investments 17:33 - Stock-Bond Correlation - Swapping Safe Assets for Risk Assets 21:20 - Bonds Hedges Stocks Until Inflation Showed UP (chart) 22:28 - Oil Broke the Hedge (chart) 25:40 - Supply Shock vs Growth Shock (chart) 25:53 - It is Psychology the Fixes Supply Shocks - Ex.: Toilet Paper 28:40 - Growth Shocks are Function of Over all Economy 29:16 - All Bonds are a Risk Free Asset 32:00 - What to do: Action, Where, Why (chart) 35:14 - Ken Griffin: Almost Certainly in an AI Bubble? 36:43 - Larry Fink: AI is Transformational 38:53 - Anthropic: The Bill vs the Revenue (chart) 40:00 - Anthropic Outsells Coca Cola (chart) 41:11 - Free Cash Flow Air Pocket (chart) 43:55 - Average Stock is Being left Behind (chart) 44:48 - Valuations are a Terrible Timing Tool (Chart) 48:07 - Irrational Exuberance: Right, but 4-years Early (chart) 50:23 - 8 Rules for Participating with the Bubble (chart) 54:42 - Adoptions of Past Technologies (chart) ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ha68zQH7sUc -------- Watch our previous show, "Medicare Open Enrollment: Avoid Costly Mistake " https://youtube.com/live/I6dc8PdOYN8?feature=share ------- Watch Today's "Before the Bell" report, "S&P 500 Tests Critical Support" https://youtu.be/3wiEuZgLOVM ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Stock-Bond Correlation: Oil Broke The Hedge. Oil Will Fix It." https://realinvestmentadvice.com/resources/blog/stock-bond-correlation-oil-broke-the-hedge-oil-will-fix-it/ "Griffin May Be Right About AI. The Timing Could Be Very Wrong." https://realinvestmentadvice.com/resources/blog/griffin-may-be-right-about-ai-the-timing-could-be-very-wrong/ "Spotting Market Bubbles: Why History Says It's Nearly Impossible" https://realinvestmentadvice.com/resources/blog/spotting-market-bubbles-why-history-says-its-nearly-impossible/ -------- 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/ #SP500 #StockMarket #MarketAnalysis #TreasuryYields #SectorRotation #BondMarket #Inflation #PortfolioDiversification #FederalReserve

The S&P 500 is testing its 100-day moving average as markets remain trapped in a two-month consolidation range. With stocks approaching oversold conditions, will support hold and trigger a year-end rally, or is a deeper market correction ahead? In today's Before the Bell, Lance Roberts examines critical S&P 500 support levels, the growing divergence between market-cap-weighted and equal-weighted indexes, and a potential rotation back into beaten-down technology stocks as value sectors become overbought. Plus, Treasury yields are approaching oversold levels following their recent decline. Why could a rebound in the 10-year Treasury yield create an opportunity to take profits in bonds, manage risk, and reposition ahead of upcoming inflation reports? Key topics: S&P 500 technical support, stock market consolidation, technology sector rotation, year-end seasonality, Treasury yields, bond trading, and inflation risks. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/3wiEuZgLOVM --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #SP500 #StockMarket #MarketAnalysis #TreasuryYields #BeforeTheBell

Medicare Open Enrollment is here, but are you making the right choices for your retirement healthcare coverage? From Medicare Advantage and Medigap Plan G to prescription drug coverage and high-deductible health plans, understanding your options could help you avoid costly mistakes. Richard Rosso & Jonathan McCarty break down the differences between Medicare Supplement policies, issue-age versus attained-age pricing, Medicare Advantage networks, and Part D prescription drug plans. We also discuss why reviewing your Annual Notice of Change matters, how to choose a Medicare broker, and when leaving your Health Savings Account (HSA) untouched could benefit your long-term retirement strategy. Plus, Halloween candy prices are up 8% year over year, we're preparing for Halloween with candy corn martinis and animatronics, and Grand Theft Auto 6 raises questions about workplace productivity. We'll also touch on Function Health testing, Little Debbie cakes, and the rising cost of seasonal celebrations. 0:00 - INTRO 0:19 - Prepping for Halloween & Candy Corn Martini 3:44 - The Price of Halloween Candy up 8% YOY 6:37 - Dressing Up for Halloween & Animatronics 8:53 - Grand Theft Auto 6 lost productivity 11:14 - Annual Medicare Enrollment Season - Medigap plans 14:11 - Issue Aged vs Attained Age Plans 15:24 - Shopping Medigap Policies (Plan-G) 18:15 - When Not Touching Your HSA Pays Off 19:44 - Switching to High-deductible Plans 21:53 - More Halloween Candy & Little Debbie Cakes 23:08 - Consideration of Function Health Testing 27:20 - What About Medicare Advantage? 28:58 - Verify your doctor/hospital system 29:53 - What is "margin repair?" 32:10 - Part-D Drug Coverage - The Biggest Challenge 34:06 - Taking a Look at the Other Medicare Letters - too many choices 36:55 - The Medicare Rights Center guide 39:13 - The Annual Notice of Change 42:00 - Choosing a Medicare Broker ==== Hosted by RIA Advisors' w Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/I6dc8PdOYN8?feature=share -------- Watch our previous show, "The Fed Is Making a Mistake," https://youtube.com/live/Pun9DDwpOOw ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- 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/ #MedicareOpenEnrollment #MedicareAdvantage #Medigap #RetirementPlanning #HealthSavingsAccount

Is the Federal Reserve getting monetary policy wrong? The bond market may be sending a warning that the Fed is ignoring. With inflation, interest rates, and economic growth sending conflicting signals, the risk of a costly Federal Reserve policy mistake is growing. Lance Roberts & Michael Lebowitz examine whether the Fed is misreading the economy, keeping interest rates restrictive for too long, or risking another inflationary surge by easing too soon. What are Treasury yields and the bond market telling us about the Fed's next move? And what could a monetary policy mistake mean for stocks, bonds, retirement portfolios, and your investments? 0:00 - INTRO 0:54 - Markets Point downward, post-Meta Report 4:10 - There's Narratives...and then there's Reality 5:38 - Markets don't need to crash to fix over-valuations 8:47 - Markets Rally back above 20- & 50-DMA 9:39 - Consolidation does same work as a Market Decline 11:06 - Patience Pays 13:41 - Meta Earnings Beat on Every Metric 14:56 - What "cash flow negative" really means 16:52 - When Companies Buy Back Stock w Free Cash Flow 19:02 - We Can't Live Without the Internet...or AI 20:22 - The Meta Stock Split Explained 23:23 - Are Interest Rates Now Impacting Businesses? 25:34 - The Fed is Fighting Oil, not Inflation 28:11 - What the Fed Did in 2020-22 32:40 - Warsh's less-communication Policy 33:46 - The Fed's Irony 35:05 - Why is the Fed Talking About Raising Rates? (Oil) 37:10 - The Bullish Benefit of a Fed Mistake 38:38 - The Small Cap Story 40:19 - "End the Fed?" ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/Pun9DDwpOOw -------- Watch our previous show, "Q&A Wednesday: Your Market Questions Answered" https://youtube.com/live/orve3fortqo ------- Watch Today's "Before the Bell" report, "Is the Market Ready for a Big Move?" https://youtu.be/DUIKUWaIgK0 ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Are Bonds Pricing In A Fed Policy Mistake?" https://realinvestmentadvice.com/resources/blog/are-bonds-pricing-in-a-fed-policy-mistake/ "Why Small Caps Have Recently Traded Like A Bond Proxy" https://realinvestmentadvice.com/resources/blog/why-small-caps-have-recently-traded-like-a-bond-proxy/ ------- 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/ #StockMarket #SP500 #MarketOutlook #EarningsSeason #InvestingStrategy #FederalReserve #InterestRates #BondMarket #FedPolicy #Oil

Stocks are under pressure despite strong earnings from major technology companies. With S&P 500 futures falling and the Nasdaq facing renewed selling, are investors preparing for a market correction, or is a breakout approaching? Lance Roberts examines why strong corporate earnings aren't enough to satisfy Wall Street's elevated expectations, how concerns about an artificial intelligence (AI) bubble are affecting technology stocks, and why the market may be correcting without a major crash. The S&P 500 remains trapped in a consolidation range, with tightening Bollinger Bands signaling a potentially significant move ahead. Meanwhile, rapid sector rotation, weakening momentum, and upcoming Magnificent Seven earnings could determine the market's next direction. Should investors raise cash, hedge portfolios, or prepare to buy? Lance explains why patience, technical indicators, and disciplined portfolio management matter more than alarming market headlines. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/DUIKUWaIgK0 --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #StockMarket #SP500 #MarketOutlook #EarningsSeason #InvestingStrategy

Are stocks headed for a year-end rally, or is the AI investment boom creating new risks for investors? Today, we examine improving stock market breadth, the S&P 500's ongoing consolidation, and the outlook for a potential Santa Claus rally. We discuss whether artificial intelligence stocks are in a bubble, what constitutes an attractive valuation for Nvidia (NVDA), and the risks surrounding CoreWeave, Anthropic's delayed IPO, and growing AI data center infrastructure investments. We also explore the outlook for energy stocks (XLE), rising electricity demand from AI data centers, international investing risks, and whether it's time to reduce overseas exposure. Plus, recommended investing books, the role of optimism in long-term investment success, GE's transformation, and a preview of SimpleVisor AI. With market leadership broadening and seasonal trends approaching, we consider what investors should watch as 2026 draws to a close. 0:00 - INTRO 0:53 - Technical Difficulties (Why we're late this morning) 1:49 - Space-X Report - Better Than Expected 3:39 - Overall Market Looks Pretty Good 3:58 - Sneak Peak: SimpleVisor AI 5:32 - Market Breadth Improves 6:34 - Consolidation Continues 9:42 - Which Books on Investing Are Recommended? 16:01 - Danny is out hunting 16:23 - Are we in an AI Bubble? 22:10 - What is RIA? SimpleVisor.com explainer 24:14 - What Would be an Attractive PE for Accumulating Nvidia (charts) 30:57 - It is Time to Scale-back on International Exposure (France, Iran, etc.) 33:28 - Optimists Do Better than Pessimists 33:39 - Is the Delayed Anthropic IPO a Red Flag? (What is an IPO?) 36:16 - Will XLE Correct to the Downside? 38:09 - Power Needs of Data Centers & Profitability (The Infrastructure Play) 41:25 - What is the Negative Risk if Nvidia buys CoreWeave? 43:52 - What Happened to GE? 44:52 - Is RIA Planning for a Santa Claus Rally? (How the seasonal cycle works) ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/orve3fortqo -------- Watch our previous show, "Is AI Killing Diversification?" https://youtube.com/live/uYJNuJ0C-yU?feature=share ------- Watch Today's "Before the Bell" report, "Markets Brace for a Breakout," https://youtu.be/VE1Unee3hAE ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Articles Mentioned in Today's Show: "Spotting Market Bubbles: Why History Says It's Nearly Impossible" https://realinvestmentadvice.com/resources/blog/spotting-market-bubbles-why-history-says-its-nearly-impossible/ "Speculative Bull Runs And The Value Of A Bearish Tilt" https://realinvestmentadvice.com/resources/blog/speculative-bull-runs-and-the-value-of-a-bearish-tilt/ ------- 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/ #StockMarket #SP500 #MarketBreakout #TechnicalAnalysis #MarketOutlook #PortfolioDiversification #ArtificialIntelligence #RiskManagement #InvestingStrategies

The S&P 500 remains trapped in a consolidation range as investors await the next decisive market move. Strong trading support and rapid rotation between technology and value stocks are keeping buyers and sellers evenly matched, despite a continuing momentum sell signal. Will corporate earnings trigger the next stock market breakout? With midterm elections approaching and year-end seasonality coming into focus, Lance Roberts examines market technicals, trading volume, and the potential catalysts that could finally break the market's sideways trend. The question isn't whether consolidation will end, but which direction stocks will move next. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/VE1Unee3hAE --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #StockMarket #SP500 #MarketBreakout #TechnicalAnalysis #MarketOutlook

Is artificial intelligence making portfolio diversification more difficult than investors realize? AI-driven stocks dominate major market indexes, leaving investors potentially overexposed to a handful of technology companies, even when they own diversified index funds. Lance Roberts and Jonathan Penn examine the hidden risks of AI-driven market concentration, the limitations of traditional diversification, and practical strategies for balancing portfolio risk without sacrificing long-term investment objectives. 0:00 - INTRO 1:00 - What Employment Reports & JOLTS Surveys Say 3:23 - Forward PE's are What the Entire Market Prices Off of 5:13 - S&P 500 Rallies Slightly, Still Trading Sideways 5:48 - Oil Price Rally Putting Pressure on Interest Rates (Time to take profits?) 7:50 - Sector Rotation Within the markets 11:34 - The Autumn Crud 12:22 - Nvidia, AI, & Proper Diversification - Are We In an AI Bubble? 20:42 - The Difference Between Internet Cos and AI Cos of Today 23:00 - Potential Diversifiers from AI/Technology? 26:02 - Taking the Series Tests 27:05 - The AI Narrative & Too Much Exposure? 30:05 - People Who Trade Their 401k Plans...and those who don't 31:48 - Training AI: Garbage in, Garbage out 37:41 - What Cap-ex Spending on AI is for now 39:34 - The Emotional Shift from Accumulation to Decumulation in Retirement 42:33 - Getting Accustomed to Having no Regular Paycheck: Portfolio Structure 44:44 - Why People Buy Annuities 46:20 - No One Really Retires 48:17 - Coming Attractions* ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/uYJNuJ0C-yU?feature=share -------- Watch our previous show, "Why Bad Inflation May Be Good for Markets" https://youtube.com/live/azh9TZhC4PQ?feature=share ------- Watch Today's "Before the Bell" report, "Is Energy Due for a Selloff?" https://youtu.be/DWGy5xlDXYQ ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- 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/ #PortfolioDiversification #ArtificialIntelligence #StockMarket #RiskManagement #InvestingStrategies

Oil prices are surging, but could an energy sector reversal be coming? Lance Roberts examines why extremely overbought crude oil prices may be signaling a near-term peak, with implications for inflation, Treasury yields, Federal Reserve policy, and the stock market. The S&P 500 remains in consolidation after testing its 100-day moving average, while sector rotation continues. Technology stocks have weakened as Consumer Staples, Healthcare, Materials, and Financials gain strength. Energy remains unusually extended, raising the possibility of a sharp correction. Should investors take profits in energy stocks and rebalance portfolio risk? Lance explains the technical signals to watch and previews the new Simplevisor platform launching November 1 at Simplevisor.ai. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer --- Watch the Video version of this report on our YouTube channel: https://youtu.be/DWGy5xlDXYQ --- REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- 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/ #OilPrices #EnergyStocks #StockMarketAnalysis #SectorRotation #InvestingStrategy