Saturday, April 9, 2011

SOS Bullish sentiment



"Individual investors (AAII poll)—most bullish in six years Newsletter advisors (I.I. poll 20-week average)—most bullish in seven years Futures traders (trade-futures.com poll)—most bullish in four years Mutual fund managers (% cash)—most bullish ever Hedge fund managers (BoAML survey)—most bullish ever Economists (news-org polls)—unanimously bullish Top global strategists (three national year-ahead panels)—unanimously bullish Even most 'bears' on the economy are bullish on stocks because of inflation!"


"The number of investors with a bearish outlook plunged by more than a third in one week according to a widely followed investor survey released Wednesday, the largest amount of bears to throw in the towel in this poll since 2003."


MyView


Surely cannot be all the experts wrong at the same time, can they? Look at the Nasdaq, looks similar to today's S&P500. Is US dollar worst than Yen? Euro? Yuan? Sterling? Hard to say, everyone is printing.

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