Stock Synergy, Momentum & Breakout

Looking forward to the venture musings.regarding the US market I came across this in an article that I will be posting The key to it all remains today’s lofty Fed-levitated stock markets. The flagship S&P 500 stock index just hit a series of new all-time record highs in the past month, leading to epic complacency. But with all 500 component stocks trading at an extreme near-bubble simple-average trailing-twelve-month price-to-earnings ratio of 27.2x, these stock markets are an accident waiting to happen. A major selloff is long overdue! Any thoughts???