A short-term shake out is likely heading into August, says BTIG's Jonathan Krinsky

before uh the S&P and NASDAQ notched another record high today, leading some on Wall Street to ask if we're starting to see signs of froth in the market. Our next guest says yes, but it's not the major averages telling him that. Let's bring in Jonathan Kinsky.He's the chief market technician at BTIG. Jonathan, good to see you. And what does tell you that things are getting a little extended here.Hey, Kelly. So yeah, I think on the on the topline indices, they are um certainly getting stretched as far as dur ...