* The Dow’s 5th positive week in a row — the first time since a 5-week streak ending 2/9/2024. @CNBC pic.twitter.com/n8zCMB6flK

MCCLELLAN: “.. Going into this week, the $DJIA has seen 5 of the last 6 Fridays close higher. That is a pretty fat string of Fridays .. a sign of trader confidence, and thus of a price top.” @McClellanOsc pic.twitter.com/73DBgNz8MJ

Rule of 20, which says market is fairly valued when S&P 500’s P/E and CPI year/year add to 20, continues to suggest market looks expensive pic.twitter.com/o9AYYuVUfJ

The S&P 500 is now 22% higher than where it was when the Fed started hiking rates in March 2022. $SPX bilello.blog/newsletter pic.twitter.com/EeDE5GFIXB