Another quiet session in a week full of them. The S&P 500 gained 0.23% and the NASDAQ 0.38% as morning weakness was bought. This is a good sign again, but these gains are of a grinding nature. Existing home sales for April fell 3.3%, missing an expected 1% gain to 5.24 million units. Earlier in the week, reports showed home […]
As March Madness begins the market had a solid quiet inside consolidation day. Biotech stocks were once again the talk of the town as many stocks were jumping higher. Once again small cap stocks were the winners today with the NASDAQ Composite just behind. The Dow led to the downside as pressure from a rising dollar continues to be the […]
Optimism among individual investors hit a two-month high in the latest AAII Sentiment Survey. Neutral sentiment, meanwhile, stayed above 40 percent for a fifth consecutive week.Bullish sentiment, expectations that stock prices will rise over the next six months, rebounded by 6.0 percentage points to 36.5 percent. This is the highest level of optimism registered by our survey since March 20, 2014 (36.8 percent). […]
Chart of the Day: Sentiment DivergenceBy ChicagoSean+ (@ChicagoSean) Director Biz Dev @ StockTwits. |
May 8th, 2014
Share on StockTwitsAccording 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 […]
Source: ThinkstockOptimism among individual investors rebounded strongly but still remains below average in the latest AAII Sentiment Survey. Neutral sentiment rose back above 39 percent, while pessimism fell below back below its historical average.Bullish sentiment, expectations that stock prices will rise over the next six months, rebounded by 7.3 percentage points to 34.5 percent. This is the largest weekly change and […]
A considered and therefore excellent report from the Swiss team.Lets get to the detail.Cyclical model wise and strategically speaking therefore they are sticking to their model for a deeper h2 continuation of the equity bull market building to an important top for equity indexes, SP500 1920 to 1970. (These are bullish levels but read carefully the detail below, there are […]
The Swiss team are travelling this week so its a Yardeni and Capsyn near term track through the usual indicators.First up I want to present the latest Yardeni reports issued today and over the last few days. They collectively provide a wealth of information on the health and structure of this market.I include some of the macro and micro data […]
