New York– The bull run may be nearing its end, Nautilus Research says.
The S&P 500 has fewer and fewer stocks taking the bull run to new highs, says Rob Broggi of Nautilus. And that’s not all. The big moves in commodities, volatility clustering, and big transports divergence from the S&P 500, among a few other factors, are highlighting the bull market’s “terminal phase,” he says.
Most narrow SPX run to new highs since 2007 top $SPY pic.twitter.com/Ms3L5yGJAe
— Nautilus Research (@NautilusCap) May 18, 2015
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