From the Top

Bernie in Barron's: The Case for Higher Stock Prices Ahead

Despite strength in equities, call buyers have been relatively unenthusiastic in 2013

by 1/18/2013 12:10 PM
Stocks quoted in this article:

Readers of our Monday Morning Outlook recently received a crash course on the equity-only ISEE call/put ratio, which measures the level of call buying relative to put buying among customers on the International Securities Exchange. This metric also served as the inspiration for my Jan. 17 guest column in Barron's, as the ratio currently seems to be signaling a surprising lack of enthusiasm among call players -- even as the S&P 500 Index (SPX) visits multi-year highs.

To learn more about the historical significance of the current ISEE reading, and what this might mean for stocks, click through to "Bulls Rejoice: Options Traders Still Fearful."

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  • Founder and CEO of Schaeffer’s Investment Research, Inc. and Senior Editor of the Option Advisor newsletter since 1981
  • Recipient of the Traders’ Library “Trader’s Hall of Fame” award and the Market Technician’s Association “Best of the Best” award.
  • Timer Digest consistently ranks Bernie’s market timing among the top 10 out of more than 100 analysts.
  • Three-time winner of the Wall Street Journal stock picking contest.
  • Bernie is a regular guest on PBS’ Nightly Business Report and Bloomberg Radio and he has made frequent appearances on CNBC.
  • Bernie’s award-winning website is the #1 destination for options traders and a top choice for active stock traders.
  • In 2009, Bernie launched Bernie Schaeffer’s SENTIMENT, the only print and electronic magazine for equity options traders.

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