Stocks close lower Friday after hot inflation report; major averages log worst week in 2023: Live updates

), which have more than $9 billion in assets combined and both saw inflows this week. The funds can miss out on upside when markets rally, but provide investors with additional income from selling calls when markets go sideways or down.—Jesse PoundThe market is currently experiencing the effects of "too much good news at once," according to Baird analyst Ross Mayfield.

Meanwhile, bearish sentiment jumped to 38.6% from 28.8% last week, meaning pessimism remains above its historical average of 31.0% for the 61st week out of the past 66, AAII said. The numbers also mean bears have outnumbered bulls in in 62 of the past 66 weeks. But, fear not. Sentiment surveys are contrarian indicators, meaning rising bearishness equates to less risk in the market while advancing bullishness indicates more risk.

FJB

I wouldn’t call 1% a sharp drop

Hard to believe people still actually give their hard earned $ to the WS computerized organized crime ring, only to watch it vanish in milliseconds into an algorithmic abyss, degenerate gamblers, better odds at the other casinos.

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These growth stocks are highly rated and are outperforming the S&P 500 in 2023Investors can take a closer look at some highly-rated names even as markets digest the likelihood of higher interest rates for longer.
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