Despite a strong GDP number, the stock market just couldn’t sustain its rally
The stock market cannot sustain a rally and that bodes ill as the selloff accelerates. THE S&P500 the index fell 2.5% last week, while the Nasdaq Composite decreased by 2.6%, and the Dow Jones Industrial Average fell 2.1%. This puts the S&P 500 and Nasdaq in correction territory, down 10% or more from their highs …
