Chart of the Day: Sentiment Divergence StockTwits Blog
Chart of the Day: Sentiment Divergence
By ChicagoSean+ (@ChicagoSean) Director Biz Dev @ StockTwits. |
May 8th, 2014
According to the American Association of Individual Investors, the four-week moving average of bullish investor sentiment is at it’s lowest level in over a year, yet the S&P 500 and the Dow remain just a whisker below new 5-year bull market highs?
Here’s the chart, shared by Ryan Detrick:
AAII bulls 4-week MA lowest level in a year. Guess they had a lot of momo names in their portfolio. http://stks.co/h0amW
— Ryan Detrick (@RyanDetrick) May. 8 at 09:52 AM
If you wanted a more clearer picture of how dumbfounded professional investors are in this environment, look no further than this.
Follow me on StockTwits: @chicagosean
Tickers: $SPY $DIA
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Chart of the Day: Sentiment Divergence StockTwits Blog
