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9/19/2017
According to numbers just out from the Bloomberg and the University of Michigan, 65% of US investors believe the markets will go higher over the next twelve months.  This is an all-time high in the past 15 years, surpassing the optimism just before the Great Recession Crash.

https://finance.yahoo.com/m/87a0a5eb-9a9d-32bc-8946-91bf0495d2c8/ss_americans-place-highest-ever.html

​As the article says, contrarians believe this is a warning signal, and we at AP tend to agree.  Our AP-SI signal is less than 100 points away from showing a high-side warning.

Stock Gains Probability

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