Watch out below as Aussie stocks soar too high

by Chris Becker

Whenever stocks have a rally with almost no pause, particularly a bear market rally, the hopes of the bulls turn to fear with equal measure of indignation when someones says “too fast” “too high”.

The ASX200 has had its best month in over five years, rising 6.3% in July, with most of that coming from bank stocks (nearly half the index) also up 6%: