Morgan Stanley warns (texts from "investing.com")

Morgan Stanley (NYSE:MS) recently warned that investors hoping for another leg to the bull market are likely to be disappointed.

"The feelgood aspects of tax cuts and aggressive government spending plans appear at or nearly in the price of U.S. markets, whereas the downsides are less accounted for," the 31-page research paper said.

So far in 2018, it seems that market players are no longer buying the dip in stocks like they did in recent years. Instead, rallies are being sold – a worrying sign for the bulls.