Sector Investing

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Chart of the Day
The stock market has treaded water over the past three months. However, investment advisors remain extremely optimistic, albeit less so than three months ago. If you accept the theory that pessimists are potential buyers and optimists are potential sellers, then the current percent bull reading of 68% suggests that the potential for the S&P 500 to rally is somewhat limited. Stay tuned...

Notes:
- What are the latest sentiment, economic, and financial indicators saying about the stock market? Find out with the exclusive long-term stock market charts, indicators, and studies of our premium service Chart of the Day Plus.
- Red arrows occur when percent bulls peaks above 65%.
- Green arrows occur when percent bulls bottoms below 35%.
- Green & white arrows occur when percent bulls bottoms below 55% (from 1996-present).
- Percent bulls equals the 4-week moving average of the number of bullish advisors divided by bullish plus bearish advisors.