One place where the holiday spirit is not in short supply is the equity market.
Investing LessonBe wary of all the "good news"and "good feelings" as we enter 2011.
Wednesday, January 5, 2011
Bullish Sentiment Indicators Reach High
Late December of 2010, surveys of bullish sentiment from Investors Intelligence (II) and the American Association of Individual Investors (AAII) showed the ninth highest combined reading since 1987, and it was the sixth period ever where the combined reading was above 120%.
Investing Lesson
Be wary of all the "good news"and "good feelings" as we enter 2011.
Investing LessonBe wary of all the "good news"and "good feelings" as we enter 2011.
