Currently, the S&P 500 has become, in historical terms, a clearly expensive asset. After a correction of close to 5% from recent highs, the index offers a typical picture of a slowdown in the last bullish phase, more typical of a digestionAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compens ...