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Money Morning Capital Wave Strategist Shah Gilani told viewers of FOX Business' "Varney & Co." on Christmas Eve that the red-hot markets could be overheating. Momentum may carry stocks higher than they are now, but not without a big dip.
"I've got a feeling they're probably going to back up," Gilani said. "We've just come too far too fast and I think that it's not sustainable."
To see how big of a pullback investors will see in the coming year, as well as more of Gilani's 2015 market outlook, check out the video below.