Sentiment Gauges are Mixed in Terms of Where the Market is Headed

ByBrad Lamensdorf

Short-term sentiment last week appeared to indicate that the market was oversold from a contrarian point of view. The CNN Fear/Greed index at 10, which is very low, and the Ned Davis Research sentiment gauge at 26 were both on the oversold side of the ledger. Meanwhile the intermediate-term sentiment gauges were more elevated than…

Intermediate Sentiment Indicators Signaling Market Could Go Lower S&P 500 Below 2600 Is Signal for Market Selloff

ByBrad Lamensdorf

Short-term sentiment indicators were of little use earlier this week in signaling market direction, while intermediate-term indicators were signaling the markets were headed lower. On the short-term side, the CNN Fear/Greed moved to 18, meaning investors were somewhat fearful, which is bullish from a contrarian point of view. However the Ned Davis Research short-term gauge…

Because it’s never too early for a little “bah, humbug!”…

ByBrad Lamensdorf

A Consumer and Their Confidence John Del Vecchio | November 29, 2018 Dear John, By the looks of it, it’s going to be a great holiday season! Consumer confidence is through the roof, and retail sales are surging. As a result, I expect to see lots of presents under my tree this Christmas. No coal…

Market Sentiment Indicators Are Neutral to Bullish

ByBrad Lamensdorf

The CNN Fear/Greed Index bounced from 8 a week ago to 20 this week, remaining in bullish territory in terms of indicating short-term market direction.  Ned Davis Research (NDR)  short-term sentiment at 44 is in neutral territory. Intermediate-term sentiment indicators have moved into more positive territory, but remain somewhat mixed in terms of market direction,…