Look At What Is Happening Around The World Right Now
kingworldnews.com / December 22, 2016
With continued uncertainty in global markets, this is what you need to know about what is happening around the world right now.
Stock Market Bulls Are Euphoric
(King World News) – Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: Bullish sentiment remained euphoric in the weekly II data. Bulls were up another .2 of a pt to 59.8. Looking back at the last 10 years, bulls have been above 60 in just 3 time periods, in June 2014 (market ended higher by yr end but a sharp drawdown took place in September/October) , February 2015 (was about the top for the next 15 months) and in October 2007 (was the bull market top before you know what). II in its release said that approaching the level of 60 in bulls is “a stronger warning of a trading top.” Bears were up by .4 pts to 19.6 off the lowest level last week since August 2015 right before the Chinese devalued. Those expecting a Correction are at 2 ½ year lows…
The post Look At What Is Happening Around The World Right Now appeared first on Silver For The People.
Source: http://silveristhenew.com/2016/12/22/look-at-what-is-happening-around-the-world-right-now/
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