from King World News
On the heels of twin releases of key sentiment indicators for stocks, today King World News is pleased to share key portions of notes from two of the greats in the business as well as two remarkable charts.
From Jason Goepfert at SentimenTrader: “Some bulls are coming back. After seeing ample evidence of apathetic investors in recent surveys, Investor’s Intelligence noted this week that bulls rebounded by 10 percentage points, one of the largest one-week gains in more than 30 years. The jump was more than 2 standard deviations above average, which curiously has led to more positive returns than negative.