Losing under 3% in a week seems a minor
concern given historical market ups and
downs; nevertheless, investors may begin
to wonder if stock market valuations are
signaling a decline.
Since the end of the last significant sell-off
for stocks, the market has been in a pretty
consistent upward trend.
Valuation is a poor market-timing
indicator; while valuation should always
be considered, it is a blunt tool that
should be taken into broader context.