While optimism has emerged in the market following Jackson Hole, some have pointed out that share prices remain expensive. NVIDIA's earnings are cited as a key focus this week.
The market after Jackson Hole has been analyzed as showing broadening optimism. Some have also pointed to instances of short-term share-price upside.
On the other hand, share prices remain expensive, and some see signs of a ceiling over the medium to long term.
The article reviews last week's stock market and this week's moves using charts, and discusses targeting levels after a share-price correction.