From SentimenTrader
In the latest poll, the Bull Ratio (Bulls / (Bulls + Bears)) is tied for the highest reading in the past 12 years. That's not because the managers are especially bullish, but rather because they're the least bearish they've ever been.
A total of 11% of the Big Money respondents considered themselves either "bearish" or "very bearish". That figure is the lowest on record.
Among asset classes, there is a resounding distaste for U.S. Treasury Bonds. Never before in the past 12 years have the managers disliked Treasuries as much as they do now. 87% of them expect an outright decline in prices.
Other than that, they're bullish on Oil, and also bullish (but less so) on Gold and Real Estate. They're still bearish on the U.S. Dollar and extremely bearish on holding Cash.
========
SS says - The crowded trades are in line with what I have mentioned before as well
Hate - USD , TSY Bonds and Cash
Love - Oil and Gold
No comments:
Post a Comment