Bullish Sentiment Reaches Historical Extremes

This week’s surveys of bullish sentiment from Investors Intelligence (II) and the American Association of Individual Investors (AAII) showed the ninth highest combined reading since 1987, and it was the sixth period ever where the combined reading was above 120%.  One place where the holiday spirit is not in short supply is the equity market.

Earlier today, we put out a report for clients which analyzed the historical performance of the S&P 500 following these occurrences.  To view the report, click on the link below.

Extreme Bullish Sentiment  (Must be a Bespoke Premium member to view.)

Comments

[jack peterson]

2011 predictions http://bit.ly/hf4cqR