<br><div><aside class="gnt_em gnt_em__fp gnt_em_vp__tp gnt_em__el" aria-label="Video - Rising inflation impacts the stock market and more. Here’s how."/><p class="gnt_ar_b_p">Stock market veterans love to say “the trend is your friend, until it ends.” And some investors worry that may come true soon even with Wall Street at record highs. </p><p class="gnt_ar_b_p">A shift has taken place beneath the stock market's surface in recent months, and that means the all-time highs in stocks might be in jeopardy, analysts say. </p><p class="gnt_ar_b_p">Wall Street watchers point to this concern: Fewer stocks are part of the market rally, which is often viewed as a warning sign for investors. </p><p class="gnt_ar_b_p">What does that look like? Take, for example, that the percentage of NYSE common stocks trading above their 30-day moving averages dropped to 45% on July 2, down from 83% on May 7, according to Lowry Research, a technical advisory service. </p><p class="gnt_ar_b_p">That would suggest choppiness for stocks in the coming months, analysts say. </p><aside aria-label="advertisement" class="gnt_m gnt_x gnt_x__lbl gnt_x__al"/><p class="gnt_ar_b_p"><strong class="gnt_ar_b_al">Will the stock market take a breather?:</strong><a target="_blank" href="/story/money/markets/2021/06/13/stock-market-heres-what-second-half-2021-could-look-like/7623972002/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">Here’s what the second half of 2021 could look like for your retirement investments</a></p><p class="gnt_ar_b_p"><strong class="gnt_ar_b_al">Stocks post record run under Biden:</strong><a target="_blank" href="/story/money/markets/2021/06/16/stock-market-biden-fed-economy-stimulus-unemployment-benefits/7692993002/" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a"> Here’s what could happen next</a></p><p class="gnt_ar_b_p">So does that mean for trouble for your nest egg?</p><p class="gnt_ar_b_p">Not necessarily. So don’t freak out just yet.</p><p class="gnt_ar_b_p">If anything, the stock market has remained resilient despite concerns about the economic effects of the spread of the Delta coronavirus variant and worries about how the Federal Reserve will <a target="_blank" href="https://www.usatoday.com/restricted/?return=https%3A%2F%2Fwww.usatoday.com%2Fstory%2Fmoney%2F2021%2F05%2F13%2Finflation-rate-higher-prices-cars-airfares-hotels-ease-rise%2F5068890001%2F" rel="noopener" data-t-l=":b|e|inline click|${u}" class="gnt_ar_b_a">react to rising inflation</a>, analysts say.</p><aside aria-label="advertisement" class="gnt_m gnt_x gnt_x__lbl gnt_x__al"/><p class="gnt_ar_b_p">So far, the S&P 500 has rallied 90% from the depths of its pandemic lows. Any weakness<strong> </strong>could present an opportunity to scoop up more stocks at lower prices, or you could at...</p></div> <style> .wrapper { text-align: center; } </style> <div class="wrapper"> <a class="button" href ="https://www.usatoday.com/story/money/markets/2021/07/14/stock-market-inflation-economy-market-breadth-federal-reserve/7919788002/">Read more <span>➤</span></a> </div>
