How much of Wednesday's post-hike rally was due to investors buying into a Goldilocks scenario who might yet be disappointed?
With various sectors peaking and GDP estimates in decline, it would not be a surprise to see the markets give up some ground.
Credit markets are sending signals and at least one successful investor has warned that valuations are too high.
Stocks may have rebounded on Friday, but yields, gold, utility stocks and junk bonds remain in trading ranges as investors still seek 'flight to safety' investment options.
Once the Dow popped above 20,000, bond yields moved higher and gold prices declined, but trading ranges remain in place. Here's how to react.