kingworldnews.com / July 9, 2014
With global stock
markets recently hitting new and in some cases all-time highs, KWN is
pleased to share a chart which exposes the nightmare of bullish
sentiment that the Fed has created. The spread between the bulls and
bears is now solidly in the danger zone as the astonishing chart below
illustrates.
Here is the latest Investors Intelligence report along with the all-important sentiment chart: Markets
started the long July 4 weekend with the main indexes all at highs.
Indicators also strengthened over the week, with most oscillators
overbought and at their prior top levels. A few newsletter editors noted
the strong action and shifted back to bullish, including some changes
after yesterday’s modest decline. The result was a resumption of the
overly optimistic expectations recently shown. Again they signal
potential danger ahead for the market.
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