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Fab Five sentiment update - just neutral

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The Fab Five Sentiment Component is neutral. DAVIS265 gave a nice warning on October 12, but did not get fully oversold before the latest rally. Median P/E is about as bearish for valuations as it can be. However, some 68% of S&P 500 stocks yield more than 10-year Treasuries. Watching stock offerings.

Ned Davis Research | NDR Hotline | Insights | 3X Weekly

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