Thursday, October 28, 2010

Investors are officially giddy about stocks again

From The Big Picture:

Individual investors are now officially giddy for stocks.

As measured by the AAII survey, individual investor bullishness rose to 51.2 from 49.6 last week, to the highest since May 2008 while Bears fell to 21.6 from 25.2, the lowest since Jan 2006.

Luckily, we have to wait less than a week now to see what’s been priced in and what hasn’t been. The 10-year Irish bond yield has broken out to...

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More on sentiment:

Everyone hates the dollar right now

Investors are becoming dangerously complacent again

Top manager Hussman: Investors are bearish... but unafraid


View the original article here

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