Stock Market Bears Are Becoming An … – Business Insider

Stock Market Bears Are Becoming An … – Business Insider

Where have the stock market bears gone?

With stocks near all-time highs, the bears have definitely been toning it down.

Even the vocal bears are warning stocks will go up before coming down.

Trader Steve Cortes tweeted this chart of Investors Intelligence’s latest survey of bulls and bears. The percentage of bears in the market is at an incredibly low level.

It’s worth noting that this may be a contrarian indicator suggesting that the market is near a top.

@CortesSteve

SEE ALSO:
The Stock Market Is Not Doomed To Crash — Here’s The Full Argument Why

Follow this link: 

Stock Market Bears Are Becoming An … – Business Insider

See which stocks are being affected by Social Media

Share this post

Comments (0)