Investors Intelligence bulls hit 60 percent this week – a 99-week high. This was still not good for a bulls-to-bears ratio of four. In the event the current ratio of three-plus extends to four or higher, the S&P 500 can … Continued
Last week, major US equity indices enjoyed mini breakouts. A retest took place Tuesday. Post-breakout, Investors Intelligence bulls jumped 5.1 percentage points this week to 50 percent, but they remain way below the 57.2 percent recorded in the week the … Continued
Margin debt fully cooperated with a 6.9-percent June rally in the S&P 500. Bulls obviously hope this continues this month. They would also want to see the recent increase in bullish investor sentiment pick up steam. After dropping 6.6 percent … Continued