Market shows signs of peak optimism with potential for market rotation, not collapse

From Nasdaq: 2024-06-21 08:07:00

Zacks Investment Ideas feature Nasdaq 100 ETF QQQ, S&P 500 Index ETF SPY, Nvidia NVDA, Microsoft MSFT, Apple AAPL, and Direxion Nasdaq 100 Equal Weight Index ETF QQQE. U.S. equity markets show signs of peak optimism with stock valuations suggesting a market rotation rather than a collapse. Market breadth may be improving as Direxion’s ETF is showing bullish signs. Various signals and historical data suggest the bull market still has room to run. Visit Zacks to access top stock picks for free.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: QQQ, SPY, Nvidia, Microsoft, Apple and QQQE