Should You Be Worried About The Surge In Bullish Sentiment? - News Summed Up

Should You Be Worried About The Surge In Bullish Sentiment?


Sectors Tom Aspray - ViperReport.comThe wide range of performance last week was even more dramatic in the sectors. IWF/IWD Tom Aspray - ViperReport.comThe weekly sector performance reveals that the typical value sectors were favored over growth sectors. A higher ratio means better performance by growth stocks, while a lower ratio means better performance by value stocks. The downtrend from the 2018 high (line a) was reached. The bullish readings from the market technical studies favor higher prices into 2021, but the high bullish sentiment and increasing overbought market status does not favor chasing prices in the weeks ahead.


Source: Forbes November 15, 2020 18:22 UTC



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