Bullish Sentiment Index for US Equities, Oct. 26: 43% (-12)

Dear Reader,

Your copy of the BSI Report (for US Equities) is attached.


In this weekend's edition:

• The latest from the Bullish Sentiment Index (BSI) and its associated indicators is shared as well as what the BSI is indicating about the supply of underinvested market participants available to fuel a multi-week to multi-month rally;

• I comment on the current market drop and possible scenarios as well as a few other items of interest, including asset allocation, economic indicators, the Oct.-Apr. phenomenon, and when bear markets typically begin;

• An analysis of the leading S&P 500 sectors over the trailing quarter is performed and a conclusion is made on the stage of the cyclical trend for US equities that the present pattern of leading sectors is historically consistent with; and

• A review is performed of magazine covers (from widely read magazines or that the BSI Report's staff find intriguing) that weigh in on arguably quite evident macro trends (and that thereby may be of interest to contrarian-minded investors).


Have a great week.