10% Stock Market Pullback Normal? Parabolic Rise Sets High Bar Ahead

A 10% stock pullback would be normal after the recent parabolic climb, according to Charles Schwab's Nathan Peterson. He says momentum is still intact but could reverse sharply if markets face significant pressure, implying elevated near-term volatility and a more defensive stance.

Analysis

A 10% stock pullback would be normal after the recent parabolic climb, according to Charles Schwab's Nathan Peterson. He says momentum is still intact but could reverse sharply if markets face significant pressure, implying elevated near-term volatility and a more defensive stance.