Weekly Wrap: Questionable participation, a historic Nasdaq run, consumer attitudes

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-27 at 11:00:00 CDT

This week saw a continuation of recent themes, mostly related to still-too-few stocks being able to hold above their long-term moving averages. Most notably, tech and growth stocks have become historically stretched relative to other parts of the market. Consumers are feeling much better about the future, a potential signal for the yield curve.

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