From Liked to Un-Friended | Weekly Market Minute

In social media terms – growth stocks went from getting all the likes to being un-friended real quick. So, when it comes to growth stocks - what are we watching?

The recent sell-off in growth stocks continued last week, as did the move higher in Nasdaq volatility. One of the reasons behind the sell-off is the recent strength of the U.S. dollar. A rising dollar is one thing the Fed does not want because that will tighten financial conditions and it’s one reason that the Fed wants to get inflation expectations higher because that should result in a weaker dollar.

For the week ahead, there is just so much going on. Here’s watch to watch – The VIX, we don’t want it going above 30. Nasdaq VIX, we don’t want it going above 40. The Dollar, it’s currently in the upper middle of its range, we don’t want it to break out of this range to the upside. The Nasdaq – 10,800 is a key level. We want the Nasdaq to close above this level. If these all go the wrong way, it could be a bumpy ride for stocks and if so, being mentality prepared is half the battle and we’ll be here to continue to update and walk you through.

For a more detailed market report head on over to our Insights page. Where there are some of the key economic data points to be released this week. Also subscribe to our YouTube channel and check out some of our other social media pages.

This has been your Weekly Market Minute, and we’ll see you on Monday – prefer to listen or watch? Check out our video & audio formats below:

Prefer Audio Over Video?

Stay informed on what's going on in the market without getting caught up in the flashy headlines.

Listen to this Episode:

From Liked to Un-Friended

Duration: 2:03

  • LinkedIn Social Icon
  • Facebook Social Icon
  • Twitter Social Icon
  • YouTube Social  Icon

To view a copy of our Customer Relationship Summary (CRS), please Click Here

Advisory services offered through Asset Strategy Advisors, LLC. (ASA), Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC, Insurance offered through Asset Strategy Financial Group, Inc. (ASFG). ASFG and ASA are independent of CIS. To access Concorde’s Form Customer Relationship Summary (CRS), please click here.

Asset Strategy does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.

There is no guarantee investment plans will meet its objectives.

This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Asset Strategy at 

© 2021 Asset Strategy, LLC 

 Privacy & Use Policies  |  Broker Check  | Tax & Legal Discloure