In this edition, I take you through another 5 charts which increasingly show a clear turning point in sentiment from previous pessimism to tentative optimism on the fundamentals outlook. Indeed, while you don't want to go flippantly throwing around the term "melt-up," if these nascent signals get momentum, we could see a pessimism-capitulation-driven melt-up in stocks.
New highs, anyone?
Firstly, for context, in the Sentiment Snapshot series I look at some of the charts and data from the weekly survey on Twitter, which asks respondents to indicate whether they are bullish or bearish for