This sentiment overview was sent to me by Rick Bensignor a relatively new guest to the show and editor of the Bensignor Investment Strategies newsletter. His newsletter is more of an institutional letter but the themes remain the same for everyone.
As Rick notes figures above 84% bulls or beneath 16% bulls are considered extreme.
Remember sentiment very much follows markets but can tell us when we are at extremes. Right now we are seeing very few markets at extreme bullish or bearish levels which could continue in a muddle along fashion for the year. Simply just some food for thought I’m curious as to what all of you think about any of the markets outlined below.
These levels are all as of last Friday’s Close.
If you want any additional information on Rick’s newsletter please email me and I will put you in touch with him.