Thursday, May 29, 2014

Bull / Bear Spread Now In Danger Territory Above 40%

from King World News
On the heels of recent strength in stocks, the spread between the bulls and bears is now in danger territory above 40%. Featured below is a fascinating chart which takes a look at sentiment. Bullish sentiment has now reach new extremes and it is above worrisome levels as the markets have remained strong.
Here is the latest Investors Intelligence report along with the all-important sentiment chart: The S&P 500 and DJ Transports ended Friday with further records while the NASDAQ Comp and Russell 200 each gained more than 2.1% over the five sessions. Index and indicator charts had more gains and positive status shifts. Not surprisingly there was another small increase in advisor optimism. Not every shift was in that direction as some new skepticism followed the positive weekly close.
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