The stock market rally is raising concerns of a potential melt-up, with the S&P 500 trading 10% above its 200-day moving average. A melt-up is a rapid rally driven by herd behavior that could lead to a subsequent meltdown. Despite a marginal loss on Friday, the S&P 500 logged a 1.6% weekly gain and has rallied over 32% from its April low. Oracle’s stock soared 36% after announcing AI computing contracts, and analysts warn of extreme overbought conditions. As the market awaits the Federal Reserve’s interest rate decision, experts advise staying patient and being prepared for a possible pullback.

Read more at Yahoo Finance: Stock market’s relentless rally threatens to turn into a ‘melt-up’. What’s next.