Saturday Sentiment and Obamacare 2.0

Obamacare 2.0 starts today, and I will be back later this weekend to examine the market-related issues of it, politics aside. In addition, @RyanDetrick on Stocktwits, a great follow for sentiment data especially, has the latest AAII Sentiment Survey. As you can see, we now have the most bulls in the survey since December 2010. Typically, very high bullish sentiment with price near all-time highs on the indices can be a contrarian indicator (here, bearish). But we also know the relentless underlying this particular bull market has seen. Still, surveys like these put a huge dent in the idea that we are seeing the "most hated bull market ever," as many have said.