Thursday, July 10, 2014

Fed’s Nightmare Of Bullish Sentiment Moves Into Danger Zone

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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