美股在5月最後交易日個別發展,道瓊斯指數發力,升1.5%,以點數計大升逾570點,為今年以來最佳單日表現。納指周五平收,不過五月大升6.88%,跑贏另外兩指數。個人消費支出(PCE)4月份增長放緩,符合市場預期,美國國債息率稍為回落,市場維持九月份50%機會減息的預期。個別業績股大幅波動,電腦廠商Dell業績雖然好過預期,大跌18%,服裝零售商業績好過預期,大升28%。
As a stock's advance gets long in the tooth, shares may still form bases, but late-stage formations carry risks. Netflix stock and Novo Nordisk, two IBD 50 growth stocks, are in late-stage bases. The fourth or fifth bases in a long-term advance are more prone to failure than earlier patterns, mainly because it gets harder to extend gains the longer that shares keep rising.