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Aug 07 2024

The Slope Of Hope?

  • Aug 7, 2024

Investor sentiment has not boiled up to a “bubble” threshold during this bull market; however, last month it got high enough for an important market top to occur. The put/call ratio for the NASDAQ 100 ETF showed levels of bullish betting more extreme than those accompanying that index’s late-2021 peak.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager