The stock market continues to consolidate at a high level, absorbing and digesting corporate news. Breadth was the reverse mirror of the previous day: 1092 stocks advanced compared to 2695 that settled down. Our risk profile index is fairly neutral although the release of the weekly investment survey among active professional portfolio managers points out, in our opinion, to too many bulls at this stage and paints a complacent environment, which is always disturbing. A similar reading was achieved in June 2018.