30-05-2025
Stock Bulls Face June Reckoning After May's Meltup
One look at the calendar tells you that the frantic,seesaw rally in the US stock market this month is at risk of running out of steam, at least temporarily.
Pricey valuations, muted demand for hedges and stretched investor positioning have left stocks vulnerable to a pullback, said Jeffrey Hirsch, editor of the Stock Trader's Almanac.