Bearish Sentiment Rises Despite 12% Bounce in S&P 500 ETFs
October 12, 2011 at 10:09 AM EDT
A prominent sentiment survey shows the number of bears rose in the latest week despite the sharp rally in stock exchange traded funds on easing worries over Europe’s debt logjam. The Investors Intelligence survey revealed that bearish sentiment rose to 46.3% from 45.2%, while bullish sentiment held...