Is now the time to get long equities?
If you kept up with the headlines and what the sell side analysts have to say, you’d think it would be.
Fortunately we try to stay ahead of the curve around here.
Yesterday we discussed the recent sentiment shift among permabears, wall street analysts, hedge funds and financial media.
To add to that sentiment shift, here is the our internal sentiment composite which includes data from Individual Investors, Advisories, Active Investment Managers, Volatility and the Options Market.
As you can see last year saw some of the most pessimistic levels in history, giving us one of the greatest buying opportunities we’ve ever seen.
Today, Sentiment is at the opposite extreme: [Read more…]