Markets have staged a powerful rally off the recent lows, reclaiming the 200-DMA and pushing to new highs. Historically, when markets recover that level within four weeks, forward returns tend to improve—and this time, the rebound happened in just three weeks. Momentum is strong, money flows have flipped positive, and moving averages are turning higher. So why not chase it? Because the market is now stretched. Relative strength is overbought, and prices are significantly extended above key moving averages. When markets get this far ahead of their trend, short-term pullbacks are common—even within bullish setups. Over the past two years, rallies like this have repeatedly reset back toward support before continuing higher. This doesn't signal a major selloff. It suggests a pause or correction that creates better entry points. From a portfolio management perspective, this is a time to stay disciplined: trim profits, rebalance risk, and raise some cash. Identify positions that lagged during both the decline and the recovery, and consider reallocating. Small adjustments now can position you to take advantage of the next pullback. Patience here may offer a better opportunity to add exposure at more favorable levels. 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/gbk9otKae2Q --- 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 #Investing #MarketOutlook #TechnicalAnalysis #PortfolioManagement