Flipping Bullish – 2nd Q Earning Season
Wednesday, June 16th, 2010We are flipping bullish and starting to nibble on the long side. Multiple bullish indicators are in-play.
1. Bearish Magazine cover — Bloomberg magazine cover
2. Put/Call Ration approaching extreme — investors display extreme fear by purchasing protection at/near short-term extreme. Here is the link to Barron’s article for more details
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