From CNBC:
The S&P 500 could advance by 10-20% this year, but investors should hold off on buying for the next few weeks, according to Chris Watling, the CEO of independent financial research firm Longview Economics.
In a note published this week, Longview said its current market timing models are close to “sell” for the U.S. index, since risk appetite has become “greedy” and markets are “complacently priced.”