US investment advisers most bearish since 09 - Survey by Investors Intelligence

The amount of bearish U. S. investment advisers jumped in the most recent week and was at its highest since U. UTES. stocks reached a bear market bottom in March '09, according to a weekly survey of investment advisers through Investors Intelligence.

U. S. equity bears rose to forty five. 2 percent from 40. 9 percent, according to the actual survey, published on Wednesday. The bulls fell to thirty four. 4 percent from 37. 6 percent, the lowest since Aug 2010 in front of a strong rally in U. S. stocks.

Many investors often use sentiment as a contrarian indicator to check out it to bottom out as an indication of the buying opportunity.

"The difference between the bulls and has expanded in negative territory at minus 10. 8 %, compared with minus 3. 3 percent last issue, inch said Investors Intelligence.

"The spread indicator is now within buying territory, with the largest negative difference since 03 2009. Now watch for a notable chart upturn to verify a low risk for new general accumulation. ".

Source : India Times