Sign Up to Receive an Email Alert when Flash Headlines are Published
Sentiment Update: Investor’s Intelligence Poll
Investor’s Intelligence reports that Bullish Sentiment rose to 51.1% from 49.5% last week.
Bearish Sentiment fell on the week at 29.8% from 30.5% and those expecting a correction fell to 19.1% from 20.0%
The current 10-week moving average of the percentage of bulls/(bulls+bears) stands at 60.5% (a neutral reading). Note that readings below 53 are considered a positive for the market while readings above 69 are negative.
Recall that in our article entitled Time To Be Wary of the Crowd? we highlighted that when the 10-week moving average of the percentage of bulls/(bulls+bears) reaches 69 or above, a bullish extreme is considered to have been reached.
S&P 500 - Last 12 Months
Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.
