The steam has run out having likely topped August 16th at SPX 4325 | Alpha Insights
Broadcast on: August 23, 2022
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- The bear market rally has run out of steam. SPX valuations at 18x and EPS estimates of $420 are too high and unwarranted.
- The market will sell off, but how hard and how far. We stand by SPX 2250.
- Top picks: Long ED, Short HZNP
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Mehdi Sunderji, Director, OETV
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Jeffery Huge, Founder, Alpha Insights
