Does it mean that tech stocks are still firmly the place to be in this bull market. Let's ask Doug Clinton, intelligent alpha founder and CEO. It's good to see you.You too. >> As we said, I mean, it was sort of right there in front of your face as to why there's so much excitement about what's what's happening here. Is that is that how we we should take it as a reminder to stay here as an investor. >> I think it is a reminder.And we've got all this stuff on X. If you spend two minutes on X looking at anybod ...

Just over a half an hour now till the opening bell on Wall Street. Joining us now on the markets, Matt Powers, president, managing partner of P Advisory Group. You don't think things are cheap either, uh Matt, you do point out that you know the big caps and the uh you know the seven that lead the way and there's 493 other ones.Um do do you think we're overvalued like David Ter. >> Yeah, good morning Joe. Thanks for happy Friday.Um, yeah. I mean, valuations are clearly stretched. They're high. They're frothy ...

of the last payroll report or because you absolutely must look through the inflation principle. Yeah, I think that's I think that's a fair assessment as to whether it'll be red hawkish and then maybe the market will say I don't we don't care. We still think it's going to go.Let's get the opening bell here in the CBC realtime exchange with the big border. CB Research Partnership, a nonprofit seeking to cure some rare skin diseases at the NASDAQ as soup and snack food maker. The Campbell company celebrating i ...

Market Sentiment & Strategy - 314 Research downgraded equities in July after being overweight since May, citing stretched sentiment and a seasonally weak period [1][2][3] - The firm suggests neutralizing overweight positions and letting the market come to them, especially for clients who followed their previous advice [7] - The analysis indicates a potential pause in the market, advising caution despite positive sentiment [6] Systematic Factors & Technicals - Systematic buyers, including vault targets CTAs and corporate buybacks, supported the market previously, but a seasonal dry period for corporate buybacks is anticipated [3][4] - Technicals and systematics are emphasized for tactical decisions, particularly watching for a pause [6] - Momentum signals that led to an overweight rating in May are still in place, but trees don't grow to the sky [6][7] Economic Concerns & Federal Reserve - Concerns exist regarding the labor market and the growth story, which the market may be overlooking [9] - The Federal Reserve's potential rate cuts are now priced into the market, raising the question of what comes next [8][9] - The federal government running a 7% deficit is seen as a huge support to the market, contributing to wealth creation across various assets [5] Sector Specific Recommendations - The firm is fading small caps, viewing the recent move as a short squeeze against large-cap, high-quality stocks [9][10] - The recommendation is to lessen small cap exposure and potentially short the Russel [10] - The analysis suggests staying long on large-cap, high-quality stocks, considering them a "perpetual motion machine," and underweighting low-quality stocks [11] S&P 500 Target - The firm maintains a $6,800 price target for the S&P 500 at the end of the year [6]