For those asking how much longer the S&P10 can keep melting up as the S&P490 sinks...
https://x.com/zerohedge/status/1803105411261665763
According to #DeutscheBank, #equity positioning is on the extreme side. Such has usually been consistent with near-term corrections. As Sam Stovall once said: "When everyone has bought, who is left to buy?"
https://x.com/LanceRoberts/status/1803013131045675285
...not long now especially if the exuberance continues unabated. The pressure valve needs to be loosened soon before it burst....a near term mini-correction can still save this market from a worse prospect.
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