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Monday, May 2, 2011

The Huge Contrarian Signal That Will Send Stocks Higher


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Monday, May 2, 2011
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The Huge Contrarian Signal That Will Send Stocks Higher

In his weekly letter, Raymond James strategist Jeffrey Saut says the market is flashing a big, bullish contrarian indicator:

 Despite the recent stock surge, however, investor sentiment remains putrid at 37.9% bulls, as can be seen in the second chart on page 3. This contrarian indicator, combined with the aforementioned underinvested portfolio managers, keeps us walking on the sunny side of the street. Read »



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