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Posted by
Two Blokes Jul 28 -
Filed in
General
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#TwoBlokesTrading
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1 view
The S&P 500 and Nasdaq 100 have hit new all-time highs, but sentiment and technicals suggest the market is overbought and due for a pullback. Valuations are stretched, with forward P/E ratios well above recent norms, and complacency is high as measured by the VIX and option activity.