There is a chart in business insider showing the % of Bears at the same level as 2009,1987 and 2000.What happened next in all 3 time periods? With so few retail investors buying stocks,is this time different? I can cross reference that with the chart showing Bond fund rates increases with the effect on the stock market.All in all not a pretty picture.
It may be different because of the lack of retail,but sentiment is and has always been a great contrarian indicator
Old time internet glamour stock LSI logic bought out for the average premium. AerCap to Acquire International Lease Finance Corporation. etc .interesting announcing deals at years end like this when many traders not looking.
Keep your eye on the bonds! Bond prices have taken a dump with long-term interest rates have jumped and the yield on the longest U.S. Treasury bonds is now about to breach the 4-percent barrier.
This is the biggest interest-rate turn in 37 years.