TheStreet · S&P 500 Pullback Coming? The Exact Levels to Buy the Dip

1. 1. Mega-cap leadership is the current market regime, consistently driving the bull market.
2. 2. Only about half of S&P 500 stocks currently trade above their 200-day moving average.
3. 3. Pullbacks to S&P 500's 20-day moving average or 7,000 level are attractive buying opportunities.
4. 4. Strong earnings, especially hyperscaler capex spending, justify current attractive tech sector valuations.
5. 5. Higher interest rates, not rising oil prices, represent the biggest current market headwind.