From Nasdaq:



The article discusses the recent performance of the stock market and the S&P 500, focusing on whether overbought conditions indicate a pullback and a subsequent buying opportunity. It emphasizes the importance of considering historical trends and not getting too caught up in daily fluctuations, with specific attention given to the technology sector and big tech stocks. The author advises on potential actions to take based on the current market conditions and suggests targeting stocks showing relative strength. The article also includes recommendations and analysis from Zacks Investment Research, providing insight into potential opportunities for investors. Overall, the article highlights the need for vigilance and strategic decision-making in response to changing market conditions.



Original: Markets Bounce Back Following Elevated Selling: What to Do Now