Thursday Links

Retail investor sentiment metric AAII bullishness jumps, bearishness is at YTD low!

"Italian 10-year bonds fell today, driving the spread over German bunds to the most since before the euro was introduced in 1999."

WSJ: "The biggest losers in the U.S. shale boom could be in western Canada, where shipments of natural gas to the U.S. Pacific Northwest should drop as more mid-continent gas moves west instead of east."

ZH: "Guangzhou South Station is truly a monument to excess, exemplifying China’s ruinous 'build it and they will come' attitude."

Huge percentage of stocks above 20-day moving average.