Historic Advsior Bullishness

I've been looking so long at these picture of you
That I almost believe that they're real
I've been living so long with my pictures of you
That I almost believe that the pictures are
All I can feel
--The Cure

Charts keep rolling in that picture the extreme nature of current markets. Below we have the Investors Intelligence report that estimates the sentiment of financial newsletter writers (a.k.a. financial 'advisors').

As indicated, those publishing financial advice have never been more bullish--at least since 1987. Yes, that's the same 1987 associated with the -20% Dow day.

no positions