Saturday, February 2, 2013

Update on Nasdaq and Newsletter Sentiment: They're High

Two more extremes in sentiment published today.
  1. SentimenTrader and Hulbert measure Nasdaq investor bullishness at the highest level in 8 years. 
  2. MarketVane measure newsletter bullishness at the same extreme as prior peaks in $SPX in March and September 2012, as well as the peak in June 2007.