Stocks are hitting new records daily so it should be no surprise that folks are getting a bit euphoric. But the latest report from Investors Intelligence shows that euphoria has also hit all-time records – yes, we have now surpassed the euphoric heights of the 2007 and 2000 (internet bubble) peaks.

Here are the details: Bullish sentiment is now at its highest level since Fall 2007 (just prior to the financial crisis) and bearish sentiment is now at its lowest level since Spring 1987 (a few month prior to the crash) resulting in the widest spread the firm has ever recorded:

20131226_aaii_0Chart via ZeroHedge