Stocks - Contrarian alert: Newsletters are very bullish

Thursday, September 09, 2010




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Contrarian alert: Newsletters are very bullish

Monday, November 30, 2009
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From Bespoke Investment Group:

This week's sentiment survey from Investors Intelligence showed that bullish sentiment among newsletter writers is near its highest levels since the March lows (50.6%), while bearish sentiment is at a five-year low (17.6%).

This puts the spread between bulls and bears at 33, which is the highest level since December 2007.

High levels of bullish sentiment are typically considered contrarian, but we would note that...

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Topics:		Stocks

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