⚠️Wall Street Week Ahead: *Stocks In Holding Pattern Till FOMC 👉 $DIA $SPY $QQQ $IWM $VIX
. Then, they were justified in their surprise when the companies managed to operate so well amid an inflationary environment.US Futures Rally As Tech Results Outperform Low ExpectationsHowever, something must give, and nothing's for nothing. So, while analysts lowered expectations for Q2, they compensated for that withHowever, it was time to pay the piper last week, and investors suffered the worst week since this year's June market low that they have been insisting is a bottom.
Given that driving fundamentals are the inflation-interest rate pair, I submit that stocks will make a new low below June's, extending the downtrend and the bear market. Until that happens, I will not emphatically state that stocks are necessarily heading lower.
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