Weekly Market Outlook - Friday’s Stumble Comes With A Huge Footnote
September 17, 2023 at 13:39 PM EDT
Yes, Friday was rough. Both the S&P 500 and the Nasdaq Composite slipped back under their 20-day moving averages which they fought so hard to hurdle going all the way back to two weeks ago. The sheer scope of Friday’s selloff is also alarming.
