Each week, Investors Intelligence, an independent provider of market research and technical analysis, tracks more than 100 stock market newsletters and measures how many are making bullish calls and how many are advising against owning stocks. When the number of bulls reaches irrationally high levels — you guessed it — the market is often near a significant top.
Extract — continue reading at the source.
Related stories
I just had my first baby and don’t want to go back to work. Is quitting for a year a bad idea?
OpenAI says it took a week to detect its AI models had hacked Hugging Face
Why is Russia deliberately weakening its currency?
NVIDIA Corporation (NVDA) & Blackstone (BX): Nvidia Wants Wall Street to Lend Against AI Chips Like They’re Mortgages
Insight Enterprises Executive Sells 4,000 Shares for $619,320
Comcast Corporation (CMCSA) vs Charter Communications (CHTR): Two Cable Giants, Two Opposite Bets