In our Schaeffer’s Media Outtakes series, Bernie Schaeffer dissects the news, using contrarian analysis to provide a unique take on the market.”The bearish bets piling up at the New York Stock Exchange and the Nasdaq Stock Market may not be the bullish signs they once were … So-called contrarians typically see such bearishness as a reason to buy … But with hedge funds cutting a much bigger swath in the market, today’s high level of short interest doesn’t represent the bearishness that it did in the past…(Read More)
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