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'Markets Are Very Very Overbought, We're Going To Have A Pullback' | Lance Roberts
Stocks are very overbought in the near term, given how far they've rebounded in recent weeks, warns portfolio manager Lance Roberts.So he thinks a pullback is highly likely here.In fact, it may already have begun.We discuss how low it may go, as well as how high bond yields may go, the impact of the "Big, Beautiful Bill" that just passed in the House, and Lance's firm's recent trades (spoiler alert: he just sold 100% of a Mag 7 position)For everything that mattered to markets this week, watch this videoWORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's…
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