Wall Street’s Finest are Starting to Get Bearish. Should we be Paying Attention?

By: John Del Vecchio Talk about mixed signals… which, of course, is itself a solid indication that things are getting harder in the market. The pros and the eggheads are getting cautious. The average individual investor is not. How will the tension resolve? Well, investment banks are getting bearish. Should we accord these Masters of…

Stock Market Direction Sentiment Indicators Remain Mixed

Sentiment indicators in the past week indicated that investors weren’t frightened by the recent big market drops. Perhaps it was because of the quick recovery leading to complacency despite some worrisome economic indicators signaling caution. In fact, short-term sentiment indicators have moved into “buy” and “near buy “categories. The CNN Fear/Greed is at 12, up…

Market Sentiment Indicators Warn: “Stay Cautious”

Intermediate sentiment indicators show investors have become slightly less bullish during the past week. But viewed as contrarian indicators that doesn’t mean we’ve reached a major bottom and you should throw caution to the wind. The Ned Davis Research (NDR) Crowd Sentiment was slightly less bearish at 62% compared with the previous week (70 is…

The NYSE Bullish Percent Index Has Been Warning of U.S. Stock Market Instability

The NYSE Bullish Percent Index chart from Investors Intelligence is a much better way to look at the health and direction of the stock market than indexes such the S&P 500 or the Dow Jones Industrials since it is gives equal weight to all of the stocks on the NYSE based on whether each are…