MarketWatch Premium: Nasdaq-focused investors are more bullish today than on 94% of all other days since 2000

The average Nasdaq-focused stock market timer has become more bullish than on precisely 93.6% of all other days since 2000.

That much exuberance is not a good sign from a contrarian point of view. In late April, when these same investors became equally exuberant, the Nasdaq Composite Index COMP proceeded to fall 7.8% in two weeks’ time.


This post was originally published on Market Watch

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