The S&P 500 and NASDAQ have closed at all-time highs. The Russel 2000 is nearing the same milestones. However, day-to-day volatility is down to the levels it was at in 2020. A low volatility market can grind higher, but it normally precedes a pullback. This analyst is suggesting long-term stock valuations have an inverse correlation with the S&P's 10-year annualized returns. For example, low valuations correlate with good future returns. He references AI having potential and then highlighting the potential of Blockchain. He suggests traders look into Ethereum.