It appears not...
[3]
As FBN notes,
Sentiment has reached an extreme as Bears according to Investors Intelligence fell to the lowest level since 1987. The markets persistent grind higher is a constant pain for any bear. The few that remain are the classic perma-bears and adjusting for them we are near rock bottom for bears. The history of Sentiment reminds us that it’s more dangerous to have an evaporation of bears compared to a plethora of bulls.
h/t @Not_Jim_Cramer (welcome back)
