4-point spread has opened between S&P 500’s forward (blue) and trailing (orange) P/E ratios pic.twitter.com/usF4Ys19oC

S&P 500’s price/sales ratio has rolled over a bit but still looks stretched relative to history pic.twitter.com/4rZf1gk8Zt

Stocks keep opening up green, but finishing red. This isn't what you want to see. Thanks @jsadinolfi for sharing my thoughts in @MarketWatch today. www.marketwatch.com/livecoverage/stock-market-today-dow-futures-gain-as-netflix-earnings-eyed/card/is-this-a-clue-that-the-bulls-are-losing-control-of-this-market--JgVlamLyc5IG4zRXsMLo

S&P 500 up 27.9% the past 12 mos, but also higher YoY each of the past 12 mos. What happens after positive YoY 12 mos in a row? Ultimate streak goes to nearly 30 mos on avg. Returns 1, 3, 6, and 12 mo later are about avg. Bottom line, long streaks like this aren't bearish. pic.twitter.com/mglNqwnjRE