Amidst Elevated Investor Optimism And Expensive Multiples, S&P 500, Nasdaq 100, and Russell 2000 Denied At Crucial Resistance
After a rip-roaring rally since last October’s bottom, major US indices stopped at what could turn out to be make-or-break resistance. Sentiment is not frothy but elevated enough to cause unwinding, and multiples have only expanded since the end of … Continued