Why This Week Could End Tech's Summer Rally

S&P 500 at 21x forward P/E - same level that sparked pullback fears

Hey there,

The S&P 500 is trading at a forward P/E of roughly 21—exactly where it was when lofty valuations sparked pullback fears earlier this year.

Tech stocks have soared, but concerns are emerging that investors may be getting too complacent.

Two critical earnings reports this week will test whether reality matches the hype. Access full story here.

-Christopher

P.S. Institutional investors are already reassessing their tech allocations. You really need to read this before it's too late.