NAAIM saw the most Bearish advisors go flat, and 75% of advisors are more than 85.24% long. That's a warning sign, at the very least. I don't know that I'd make any big bearish bets on that, and chances are it's early, but I'd say that we at least need to be paying attention to our sell signals and keep stops.

NAAIM Capitulation?
#1
Posted 23 January 2025 - 05:36 PM
Mark S Young
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#2
Posted 23 January 2025 - 06:57 PM
Shiller P/E id at 38.59, higher than any point except at the peak in 2000. Markets are super Bullish.
#3
Posted 24 January 2025 - 02:13 PM
Shiller P/E id at 38.59, higher than any point except at the peak in 2000. Markets are super Bullish.
Going to be largest buyback year ever and dividends will go up, they could grow in to earnings laterthis year. Bottom line is ,if breadth doesnt improve dramatically, Feb. and March could be pretty ugly. (JMHO)