Check out the stocks making headlines in extended trading:
$Restoration Hardware (RH.US)$
— Shares of luxury home furnishings retailer RH
jumped 7% after the company said it expects its demand trends to accelerate throughout fiscal year 2024, even as it foresees business conditions to "remain challenging" until interest rates ease and the housing market bounces back. RH missed earnings and revenue expectations for the fourth quarter, however, and guided...

JPMorgan notes that "The S&P 500 has been in overbought territory (defined by a relative strength index above 70) for 10 straight weeks for the first time since late 2017.  While this type of run over very strong momentum suggests we could be in for a pullback, previous runs have not been especially bearish.  On average, all previous streaks since 1950 of 10 straight weeks being overbought saw the index a further 15% higher a year later."
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$

🚨: Federal Reserve
Federal Reserve generated its biggest loss in history of $114 billion last year
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$

Tech Stock Insider Selling hits highest level in 3 years 👀
$Invesco QQQ Trust (QQQ.US)$

A Sight To Behold:
Tech Stocks are trading at all-time highs relative to the S&P 500, even surpassing the peak of the 1999-2000 Dot-Com bubble.
Will This Time Be Different?
$S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$

U.S. Households are currently allocating 48% of their financial assets to stocks, their highest equity exposure since March 2000.  Anything interesting happen in March 2000?
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$

The 2-year will tell us what the Fed is going to do. But WHEN the Fed gets around to doing that is highly variable, and causative of big problems when the Fed is slow to do its job.
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$

Goldman: Inflation has been firmer in recent months, but we think it is still on track to fall enough by the June FOMC meeting for a first cut.
$Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$

For the first time in history, U.S. Households are spending as much on interest payments for non-mortgage debts as they are on homes
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$