Is the public about to get torched in the stock market?
A Good Sign For Stock Market Bears
October 29 (King World News) – Jason Goepfert at SentimenTrader: “Confidence conflict. Smart Money is becoming less confident that stocks will rally in the weeks and months ahead, while Dumb Money is becoming more confident than they will. The spread between them is getting extreme, dropping below -40% for the first time in months. It is less reliable as a signal than the opposite extreme, though the S&P’s annualized returns when the spread is this wide is only 2%…
Mining legend Ross Beaty (Chairman Pan American Silver) is investing in a company very few people know about. To find out which company CLICK HERE OR ON THE IMAGE BELOW.
On a signal basis, this is the first -40% or below reading in three months. (See below).
CAUTION? “Dumb Money” Is Very Confident The Stock Market Will Continue To Go Higher
***KWN has now released Michael Oliver’s remarkable KWN audio interview and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
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