Bloggers are Bullish on Stocks and this is not Good

in #money8 years ago

Blogger Sentiment Poll may be a good short-term contrarian indicator for US stock market. At the moment most bloggers are bullish, which may be a sign of an overbought condition, so I think it is reasonable to expect some correction in coming weeks.

Blogger Sentiment Poll

Chart from [July 25th Blogger Sentiment Poll](http://tickersense.typepad.com/ticker_sense/2016/07/july-25th-blogger-sentiment-po

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