Big change in Stock market sentiment this week…
AAII BULLS spiking to 56% – top decile in history (33 years), *Top 6* since MAR 2009 and largest weekly increase in 10 years.
BULL-BEAR Spread at 31% – top 5% in history.
Both series are now at the highest since JAN 2018. pic.twitter.com/G1TDvqOa1S
— Macro Charts (@MacroCharts) November 12, 2020
Bulls are out in force.
This week’s AAII survey saw a sharp rise in the Bull-Bear spread, up to 31% – the highest lvl since Jan ‘18.
The change in sentiment over 3M has been dramatic, up 46% – only 8X since 2014 >=30%.
Sentiment & positioning is very one-sided. pic.twitter.com/dWb35QGiuk
— Julien Bittel, CFA (@BittelJulien) November 12, 2020
— Lance Roberts (@LanceRoberts) November 12, 2020
Notre carte animée permettant de visualiser l'évolution de la tension en réanimation depuis le début de la première vague jusqu'à la deuxième 👇#Covid_19 https://t.co/EnE0mHoItc – via @humeursdevictor @le_Parisien pic.twitter.com/fWG11I8MzM
— Nicolas Berrod (@nicolasberrod) November 11, 2020
Latest Google update shows large declines in mobility in Germany, Italy and other major economies, pulling the Eurozone weighted average to early-May levels. The timing and level of the bottoming out will provide some insight into the scale of the double dip in Q4.@C_Barraud https://t.co/I3YzpBmhgx pic.twitter.com/s8rMuo1kCi
— Daniel Kral (@DanielKral1) November 12, 2020