The market is overheated, but do not expect anything dramatic. Over the past 7 years, the market has been up in 6.
The trend for the general market is higher. But there are bear markets within it. Case in point: silver miners, coal, iron etc.
In short, I am expecting a minor pullback. We might drop 5% inside of the next two weeks, but recover it by month’s end. If your time frame is longer term, these moves are immaterial to you. For now, I am 65% cash, long a few boats stocks, and short AG, CCL, and JCP.