Stock Market Sentiment Continues Its Bullish Rage

ByJohn Del Vecchio and Brad Lamensdorf

By John Del Vecchio and Brad Lamensdorf The stock market continues to set records and bulls are raging. Weekly market sentiment, courtesy of Investors Intelligence, shows bulls at 61.2% while bears are in hibernation at 16.5% Bulls have topped 60% (a major warning sign) for nine consecutive weeks while bears hover near a 2 ½…

A Horror Movie for Shorts Will End in Blood for Careless Investors

ByJohn Del Vecchio and Brad Lamensdorf

By John Del Vecchio and Brad Lamensdorf The headlines are filled with talk of massive short squeezes and huge moves in companies of dubious quality. The Goldman Sachs Non-Profitable Technology Index illustrates this point very clearly. The stocks in this index consist of non-profitable U.S. listed companies in innovative industries. As the chart shows, the…

Partying Like it’s 1999

ByJohn Del Vecchio and Brad Lamensdorf

By John Del Vecchio and Brad Lamensdorf Small speculators are partying like it’s 1999. Not since the Internet Bubble has option activity from small options traders, those trading 10 contracts or less, has been so speculative. The chart below, courtesy of SentimenTrader, shows the put-to-call ratio nosediving. The result, with this call buying activity, is…