Via Eddy Elfenbein
AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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As we get closer to “sell in May and go away”, let’s take market snapshot, then review the most cogent bullish and bearish arguments.
Apple’s stretch of 31 closes below its 50-day was its longest since it ended a 69 trading day streak on December 5th, 2008 (during the depths of the financial crisis).
Pricing power remains a growth lever, but volumes are showing strain. The new tariff regime is set to test the limits of pricing power further. Companies are still managing to push through price gains, but elasticity is no longer negligible. And tariffs threaten to raise input costs, squeezing margins.
US bull market may be getting winded