Retail is now all bulled up

As market mood always follows price, there was quite a change in stock market sentiment this week. In yesterday's Investors Intelligence survey, Bulls got back above 50 at 51.3 for the first time since late 2021 from 47.9 last week. Above 50 I call extended (above 55 is stretched and 60+ is extreme, and those are my made up descriptions). Bears fell to …