- Expectations were very depressed the first year off the market bottom but are getting harder to beat now.
- Stock valuations are relatively high, but we call this a “good overbought condition” because so much of the market is participating.
- Chris Verrone, head of technical and macro research, takes us through five major topics that capture why this market looks like it still has room to run and what histeamismindfulofheadingintosummer.
For further details see:
Expectations Getting Harder To Beat; Broad Participation Means It's Not 1999 - Market Strategy Weekly - April 16, 2021