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Posted by
Two Blokes Jul 29 -
Filed in
Stock
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2 views
I reiterate a hold rating on VTI, as valuations above 23x earnings and bearish seasonality warrant caution despite recent market resilience. U.S. stocks have outperformed ex-U.S. equities, boosted by strong earnings sentiment and a robust dollar, but consolidation after significant gains is likely. Technical analysis shows a bullish breakout with a potential VTI target near $370, yet high-volume support around $300 offers downside cushion.