U.S. stocks are flashing signs of euphoria, contrasting with a muted crypto market as traders look to divine clues on what’s next.

The Bank of America’s Global Equity Risk-Love indicator, which provides a gauge of investor sentiment, suggests that investor positioning, volatility, and technicals in the stock market are becoming dangerously bullish. 

“BofA’s Global Equity Risk-Love indicator jumped to 1.4, its highest in 13 months,” The Kobeissi Letter wrote in a tweet on Monday. “This metric has surged from panic levels to euphoria in just 4 months. Since 1987, sentiment has only been higher 7% of the time.”

Since April, both the U.S. stock market and crypto have experienced rapid growth, buoyed by dovish economic data and Go to Source to See Full Article
Author: Akash Girimath

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