"Market Rally Holds Strong Despite Sell Signals from Titans"

1 min read
Source: Investor's Business Daily
"Market Rally Holds Strong Despite Sell Signals from Titans"
Photo: Investor's Business Daily
TL;DR Summary

The stock market rally had a mixed week, with the Nasdaq falling through key moving averages and growth names struggling. However, the Dow Jones rose slightly. While the market rally is in danger of falling into a correction, some sectors like industrials, infrastructure, housing, and energy are holding up or gaining ground. Investors should be thinking defensively, especially with regards to growth plays. Tesla and Nvidia stocks are flashing sell signals as they fall below their 10-week lines. Overall, the market rally is on the verge of a correction, but it's not there yet.

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