Grrreat news ... Big Money has "NEVER" Been More Bullish!

By Chris Kimble of Kimble Charting Solutions
April 23, 2013

 Print Page    Email Article    

Bookmark and Share

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.


Barron's has conducted its "Big Money" poll since the 1990's (more here). Last fall when the stock markets weren't doing very well, this poll came in with one of the lower readings in the past decade, and the results? The market responded with a rally.

Now we have the opposite taking place as the "Big money has NEVER been more bullish!" (see inset chart below). At the same time, two of the broadest measures of the stock market, S&P 500 and the Wilshire 5000, are up against some resistance lines that have been in place for the past 13-years!

 

 

Will the extraordinary level of bullishness/big money bulls finally be the key to push these markets past resistance levels they have been unable to break for more than a decade?



For information about Kimble Charting Solutions, send an email to services@kimblechartingsolutions.com.

 

 

 

 

Print Page    Email Article
 
Remember, if you have a question or comment, send it to .
Website by the Boston Web Company