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Pro Analysis

Top blogger: Market rally has no legs, here's why

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Editor's note: David Alton Clark is the No. 1-ranked financial blogger based on pick returns, according to TipRanks.com.

The S&P 500 roared back from a post-Brexit sell-off to set a record high, but several factors lead me to believe the rally has no legs.

I believe the recent run was unjustified and cannot continue. Here is why.