PM update (2):
Investor Intelligence percent bearish drops to the lowest level of 2008, at 29.9%. Percent bulls is at 46%, a new high for the year and right where we were in late December. The bullish contrarian signals of March have evaporated.
Watch ES 1419.75, 50% Oct/Mar.
AAPL looks like it is topping out at November highs (see earlier post).
Investor Intelligence percent bearish drops to the lowest level of 2008, at 29.9%. Percent bulls is at 46%, a new high for the year and right where we were in late December. The bullish contrarian signals of March have evaporated.
Watch ES 1419.75, 50% Oct/Mar.
AAPL looks like it is topping out at November highs (see earlier post).
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