NEW YORK ( TheStreet) -- The technical momentum for U.S. stocks has trumped overvalued equity fundamentals so far in 2013. We have seen better-than-expected earnings from the stocks I have profiled week to week in January. There has been an improving trend in weekly jobless claims. Technically, the weekly charts for some of the major equity averages are not yet technically overbought.While my theme for 2013 is that stocks are a risky asset class, I have not yet called a market top.
Market Hasn't Peaked
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