Jittery investors want to know if the long bull market is coming to an end. Here is one sign stocks still have room to run: Advisers who try to predict the market’s short-term price swings are all too ready to turn bearish.
That may seem like a backward way of looking at things. But share prices have shown a striking tendency to do the opposite of what a certain type of retail-oriented investment adviser thinks the market is about to do.
Read Full Article »