Tell me what stocks did last week... and I'll tell you how sentiment will look this week. It's not always that simple. But this idea is more correct than most people like to admit.

Editor's note: At Chaikin Analytics, we've talked a lot about the bull market in stocks... The benchmark S&P 500 Index is up roughly 26% off its October 2022 bottom. And the tech-heavy Nasdaq Composite Index has soared even higher. It's up around 37% since late December 2022. But as our friend Brett Eversole explains today... the stock market rally is far from over. Regular readers know Brett watches the markets closely. He's the editor and main analyst for True Wealth and its related publications at our corporate affiliate Stansberry Research. To that point, Brett first published this essay in his free DailyWealth e-letter earlier this week. In it, he details why an inevitable shift in the markets is a big reason to stay bullish on stocks right now... Investors Keep Pulling Money Out of Stocks By Brett Eversole, editor, Stansberry Research Tell me what stocks did last week... and I'll tell you how sentiment will look this week. It's not always that simple. But this idea is more correct than most people like to admit. With the market's massive turnaround from 2022, both individual and professional investors are getting more excited about stocks. But that sentiment reversal doesn't mean folks are buying stocks hand over fist. In fact, funds only started flowing into stocks in June. And that trend didn't last. Funds have flowed out of stocks since then. Meanwhile, fund flows into bonds continue to soar. When you put it all together, you start to realize investors might not be as bullish as they let on today. And that means the latest stock market rally still has room to run... Recommended Links: Florida man cracks 1,000% market niche We recently heard about a 60-year-old Florida man who has uncovered a secret that has handed him a stream of 1,000% gains... on the tiniest stocks in America. "If you missed the bottom in 2020, this is your wake-up call. Buy into this rare investment as soon as possible — at a HISTORICALLY LOW PRICE YOU MAY NEVER SEE AGAIN," he says. Click here to learn more. "Federal Bitcoin" is coming to a bank near you, starting NOW Last month, the U.S. government took the first step toward creating its own cryptocurrency... a "federal bitcoin." The U.S. Treasury and 120 banks have already signed up for it. If you get positioned before the wider rollout, you could make 3,050%. Click here to learn more. You can measure market sentiment in two ways... You can survey folks on how they feel. Or you can look at what they're really doing with their money. Surveys are better than having no indicator at all. But humans have a bad habit of saying one thing and doing another. So "real money" indicators are always the better choice. One of these indicators comes from the Investment Company Institute ("ICI"). Among other things, this trade group collects data on mutual funds and exchange-traded funds ("ETFs"). One metric the ICI tracks is the net fund flows of mutual funds and ETFs. It can measure the money flowing in and out of both stocks and bonds through these investment vehicles. U.S. stock fund flows turned negative in mid-2022. And they've mostly been negative since then. In fact, one of the biggest outflows in recent years happened in May. June was the only exception. That month, $7.5 billion flowed into stocks.  But that trend didn't continue. Take a look... With the bear market in full force last year, investors started pulling money out of stocks. Sentiment has partly turned around since then. But folks still aren't pouring money into the stock market... In July, investors withdrew $1 billion from stocks. And they yanked out more than $16 billion in the first three weeks of this month. Clearly, investors aren't going all in on stocks just yet. That's probably because they're still buying bonds like crazy. Below is the same chart – but for bonds. Check it out... Investors spent nearly all of last year pulling money out of bond funds. But 2023 has been a different story... With interest rates rising, everyone realized how much they could earn in fixed-income investments. So they started piling into bonds. Bonds have experienced positive fund flows in every month in 2023. Folks have pushed nearly $174 billion into these funds this year. Between both charts, we see a clear trend... A lot of folks say they're getting bullish on stocks. But they sure aren't acting like it. Instead of pouring money into the stock market, they're still piling into safe bonds. This trend won't last forever, of course. Once folks start putting their money where their mouths are, we'll see a flood of money into stocks. And as that happens, stock prices will likely soar to new heights. This setup is waiting to unwind. And that inevitable switch is a big reason to stay bullish right now. Good investing, Brett Eversole Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral     Bearish Dow 30 +0.22% 12 14 4 S&P 500 +0.39% 163 244 91 Nasdaq +0.56% 54 38 7 Small Caps +0.40% 512 965 458 Bonds -0.10% — According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are somewhat Bullish. Major indexes are mixed. *  *  *  * Sector Tracker Sector movement over the last 5 days Materials +2.51% Discretionary +2.46% Information Technology +2.26% Real Estate +2.11% Energy +1.73% Financial +1.65% Industrials +1.65% Communication +1.61% Health Care +0.91% Staples +0.73% Utilities +0.08% *  *  *  * Industry Focus Insurance Services 19 23 6 Over the past 6 months, the Insurance subsector (KIE) has underperformed the S&P 500 by -15.41%. However, its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #9 of 21 subsectors and has moved down 1 slot over the past week. Top Stocks AXS AXIS Capital Holding AIZ Assurant, Inc. MKL Markel Group Inc. *  *  *  * Top Movers Gainers PODD +6.41% ALL +3.40% MTCH +3.15% EL +3.13% HPE +3.09% Losers HPQ -6.63% BF.B -3.98% EVRG -2.87% CNC -2.67% CHTR -2.57% *  *  *  * Earnings Report Reporting Today Rating Before Open After Close AVGO CPB, DG, HRL No earnings reporting today. Earnings Surprises CRWD CrowdStrike Holdings, Inc. Q2 $0.57 Beat by $0.07 VEEV Veeva Systems Inc. Q2 $0.91 Beat by $0.11 BF.B Brown-Forman Corporation Q1 $0.48 Missed by $-0.05 CRM Salesforce, Inc. Q2 $1.69 Beat by $0.08 COO The Cooper Companies, Inc. Q3 $3.08 Beat by $0.05 *  *  *  * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here. You're receiving this e-mail at STEVENMAGALLANES520.NIMS@BLOGGER.COM. 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