Not exact matches
When Stovall
looked at
sentiment readings dating back to 1987, he found the average
bullish reading is 39.
«The options market in the XLF in particular is
looking for a
bullish sentiment to come out of the Fed meeting, and that would likely be a rate hike here,» commented Stacey Gilbert, head of derivatives strategy at Susquehanna.
One can
look at the Investors Intelligence
bullish sentiment figure, which has eased back to 43 % from over 50 % in early April, but ignore that bearish
sentiment is down to 20.4 %, less than half of the
bullish sentiment figure, and the lowest level since just before the 2011 market rout.
«Retail
sentiment indicators also
look to have peaked in January and we do not see anything on the horizon to get retail investors more
bullish than they were following a tax cut.»
The wider cryptocurrency market is
looking pretty green today as
bullish sentiment begins to creep back into the Bitcoin charts — with some signs starting to suggest the bears are becoming exhausted.
With
sentiment more
bullish than ever, bitcoin prices
look likely to test $ 10,000 levels — and perhaps beyond.