- Investor exuberance has hit a "frighteningly high level," says Mark Hulbert, as his Hulbert Stock Newsletter Sentiment Index rises to 72.9% - one of its highest prints ever - alongside the Nasdaq's record close, with the S&P 500 not far behind.
- Putting the 72.9% reading in context, the HSNSI has averaged 39.4% since the bull market began six years ago. Over the past decade, there were only two occasions when it was higher - end of 2013/start of 2014, and February of this year - and both times the market fell soon after.
- ETFs: VV, SCHX, FEX, JKD, EEH, EQL, IWL, ERW, FWDD, ZLRG, SYE, SBUS