S&P with strong week
The S&P 500 climbed above 6,300 for the first time this week, marking a new milestone in a year high volatility so far. The ATH high was reached yesterday with 6,315 points with a YTD performance of +7%.
The current rallye is fueled by AI optimism, declining tariff fears and the hope for further rate cuts. However, with the summer months historically bringing lower trading volumes and heightened volatility, some analysts are cautioning that a seasonal pullback could be on the horizon. Investors are now watching economic data and Fed signals closely to gauge whether the rally has room to run — or if the heat is about to fade.
My base scenario is a volatile sideways movement for the coming months. What do you expect?
