from King World News
With the Dow still trading close to all-time highs, take a look at how crazy things have gotten in the stock market. Also, below is a quick note on the silver market.
From Jason Goepfert at SentimenTrader: “This is just a quick note to point out an extreme in the just-released survey of active investment managers by NAAIM. The average manager is now 101% long, meaning they have leveraged their portfolios on the long side in stocks.
They are also confident. We’ve written about their confidence level in the past, looking at the standard deviation in responses as well as the difference in exposure between the most short and most long manager.