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Stock Market Stalling Action Can Often Precede Market Pullbacks. Here's How To Spot It.
Key takeaways
- The stock market hitting headwinds puts risks of stalling sessions- a sign of institutional selling — on the radar.
- The stock market uptrend has hit some early headwind, hurt by earnings sell-offs for top stocks like Broadcom (AVGO), Crowd Strike (CRWD) and Ciena (CIEN).
The stock market hitting headwinds puts risks of stalling sessions- a sign of institutional selling — on the radar. (Stock.Adobe.com)
The stock market uptrend has hit some early headwind, hurt by earnings sell-offs for top stocks like Broadcom (AVGO), Crowd Strike (CRWD) and Ciena (CIEN). But what looked like a sure distribution day Thursday for the Nasdaq composite turned into another win for the bulls as the index shaved a 1.1% loss down to less than 0.1%. Just like the Nasdaq,…
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