Market Rally May Be Short-Lived as Sentiment Gets Overly Bullish
-
Rally is likely a counter-trend advance within a longer downtrend according to analysis.
-
Market timers have turned far more bullish than historical patterns suggest they should have.
-
Sentiment indexes show huge jumps in equity exposure that are outsized compared to the small market gains.
-
Contrarian investors not expecting much due to the overzealous bullishness.
-
Dividend stocks are very cheap which may present a buying opportunity.