Thursday, September 11, 2014

Quote Of The Week & A Chart That Will Shock KWN Readers

"“Why haven't we seen a double-digit correction since April - June of 2012?  In fact, we have not gotten anything more than a 6% pullback since November 2012.  My clients are asking, ‘Why no pullback?’  It seems unnatural.” 
-- A Raymond James advisor....

Continue reading the KWN piece below...

The spread between the bulls and bears increased and held in danger territory at 43.5%. It was 42.8% a week ago and has remained above 30% since February. Differences over 30% are a worry and they become dangerous at 40%+. The spread peak this year so far was 45.4% to start June. The last favorable spread occurred in August 2013 at 13.4%, close to the 10% (or less) reading that allows for broad buying. Bears haven't outnumbered bulls (a negative spread) since October 2011.”

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/10_Quote_Of_The_Week_%26_A_Chart_That_Will_Shock_KWN_Readers.html

Sentiment Chart


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