Weekly Update: Oversold Conditions Reached, Ripe for Short-Term Bottom

January 24, 2022 – The Russell 2000 and most major growth stocks have now reached bear market territory at 20% or more off their highs. Ryan Puplava, CEO of Financial Sense Wealth Management, reviews the technical setup for the Nasdaq, S&P 500, Russell 2000, as well as commodities, gold, and energy. In sum, it looks like we've now reached conditions for a possible short-term bottom in the stock market, though next week's comments by the Fed on the outlook for rates will be a key tell. Please note: video mistakenly states January 15th instead of January 5th as date of Fed comments.

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