"Retail is back."
"The 'Big Money' is very bullish on risk assets, which one can read as good or bad for stocks"
"Today, bulls are LOWER than we'd expect given $SPX, that tends to be bullish"
"The $SPX 3-month realized volatility just fell by 8.2 points, marking the largest single-day decline since 1987"
"This ratio is a key barometer for risk appetite and economic strength"
"US household leverage (liabilities to net wealth) is the lowest in 50 years"