I read the same thing. Says nasdaq in bubble, but rest fairly valued, long term stay the course etc, etc. Also says SOX leads overall market so if Nasdaq falls, SOX falls which brings down overal market even though it's fairly valued.
What a bunch of jibberish. Points out that stocks with no revenue growth significantly outperforming those with good revenue growth. Then he forgets to mention this is characteristic of bear market rallies. Clear evidence that even well meaning people like the briefing guy have lost marbles and don't know what the h$#* there talkin about anymore.
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