In 50 Years this has never failed to trigger a Bear Market | Jesse Felder

Jesse Felder (Jul 30, 2016 @ Zero Hedge) - Over the past half-century, we have never seen a decline in earnings of this magnitude without at least a 20% fall in stock prices, a hurdle many use to define a bear market. In other words, buying the new highs in the S&P 500 today means you believe “this time is different.” It could turn out that way but history shows that sort of thinking to be very dangerous to your financial well-being.

On July 29 CNN's Fear & Greed Index indicated "Extreme Greed"
Source: CNN Fear & Greed Index

Citigroup's Panic/Euphoria Model on August 01, 2016 = Most 'euphoric' since August 2015.
Source: Citigroup Panic/Euphoria Model

Glenn Neely’s "5th Extension Terminal Impulse"

Just picked that up somewhere - good ol' Neely - always good toremember everything is possible under NEo-Wave Rules :-)

Credits: Doug Short

Insiders are still buying this market. Credits: Barron's

Insider Transactions Ratio Becoming More Bullish

Insiders are becoming more bullish. This is a positive. Insiders' timing has tended to be very good (more HERE)