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Mania in stocks like GameStop, surging options activity suggest a market pullback is coming



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Patrick T. Fallon | Bloomberg | Getty ImagesSpeculative trading in some high momentum stocks and options could be signaling a near-term top, but the bull market is likely to run on for some time, stoked by prospects of an improving economy and easy Fed money, investors said.Julian Emanuel, head of equity and derivative strategy at BTIG, said the surge of options buying and frothy trading in some high-flying stocks is very similar to the period leading up to the tech bubble crash in 2000. He said it’s very possible if the market behaves the same the S&P 500 could go to a …

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