Fred Ruffy

Sentiment Review: Bullishness Rising

Thanks for the feedback. As has been pointed out by others, capital from many sources including a shift out of commodities or bonds. Also, according to the latest data from the Investment Company Instititute, there is more than $3 trillion sitting in money market funds. Private equity funds and mergers are another source.

As for VIX below 20 because of the holidays, maybe. But, it is also interesting to note that it was hitting multi year highs of 37.5 exactly one year ago Friday.