Bloomberg : Bear Warning Seen With Nasdaq 100 Velocity Stalling at 2000 Peak
Big Up Days Are Not Uncommon During A Downtrend
A rebound in the Nasdaq 100 that recouped as much as half of its $1.5 trillion losses from its February high hasn’t been enough to deter skeptics. In fact, analysts are warning that the index may yet face more battering.
Their concern emanates from the bond market, where rising yields have put pressure on richly valued stocks such as the tech companies t…