Rally Retreated - Signs of Fatigue?
Major indices and stocks retreated last week as S&P 500, Nasdaq and Dow ended their winning streaks. The current rally is starting to run out of a little steam.
It seems like investors are starting to digest the possibility of more interest-rate hikes and starting to take J Powell seriously.
Anyway, here’s the key question: is this pullback a healthy one, or is something bigger brewing?
$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Vanguard S&P 500 ETF(VOO.US$ $iShares Russell 2000 ETF(IWM.US$ $Dow Jones Industrial Average(.DJI.US$ $NASDAQ 100 Index(.NDX.US$ $USD(USDindex.FX$ $CBOE Volatility S&P 500 Index(.VIX.US$ $Tesla(TSLA.US$ $NVIDIA(NVDA.US$ $Meta Platforms(META.US$ $Apple(AAPL.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $Alphabet-A(GOOGL.US$ $Alphabet-C(GOOG.US$
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