Is The Stock Market Getting Too Extended?

2026-05-28 / Bruce Marshall

Loading the player...

The market just keeps grinding higher — and traders need to respect the trend. 📈

In this market update, Bruce breaks down another strong day in the S&P 500, with /ES up 48 points and the broader market continuing its powerful move higher. The backdrop remains bullish, fueled by strong earnings, semiconductor leadership, and momentum in names like Nvidia, AMD, Micron, Palo Alto, ALAB, and ACMR.

But here’s the key point: bullish does not mean easy.

The S&P and Nasdaq are getting extended, with a big gap between current price action and key moving averages like the 20-day and 50-day. That does not mean traders should short the market — but it does mean chasing up here gets harder.

Bruce explains why this rally still deserves respect, why pullbacks may create better buying opportunities, and why keeping some powder dry could be the smartest move right now.

Markets can shift fast, but Bruce Marshall has spent over a decade turning volatility into consistent options income using four adaptable strategies built for any market condition. Check out his free webinar replay to see how you can stay prepared, protect your capital, and uncover opportunities no matter what the market throws your way.

Get access to Bruce’s trade alerts and daily live trading sessions in Bruce’s Income Accumulation System. Learn more here.

Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.