Citi: Two Weeks Of Stock Market Euphoria – Business Insider

One of the more reliable indicators of stock market sentiment is Citi’s proprietary Panic/Euphoria model.”This week’s Panic/Euphoria reading was 0.52; versus last week’s revised number of 0.49, which points to two weeks in a row of euphoric signals, matched by increased money flows,” said Citi’s Tobias Levkovich in a note to clients on Friday.This is a contrarian indicator, which means […]