Bullish Sentiment Index for US Equities, Nov. 16: 37% (-7)

[asomani]

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 briefly comment on what appears to me to be the status of the current market correction; and

• 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.


Have a great week.

-BSI Report Editor