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Stock Market Analysis: Resiliency & Risks by ValuEngine.com is a document available to read on EtoBox.

What is Stock Market Analysis: Resiliency & Risks about?

The resiliency of the US stock market is its ability to bend but not break. The major equity averages had a 7% pullback from mid-February to mid-March, but then traded to new year to date highs on May 2nd. Stocks have moved lower in May, but weekly closes have not been able to confirm longer term down trends. Fundamentally stocks are overvalued. ValuEngine issued a ValuEngine Valuation Warning on February 18th and a ValuEngine Valuation Watch on May 2nd. The Dow Industrial Average remains overbought on its

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ValuEngine.com

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EN