Sentiment Updates

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,…

The short-term CNN Fear &Greed Index is at an oversold 10, which is signaling a market bounce, from a contrarian point of view. The Ned Davis Research short-term sentiment indicator has pulled back to 33, which is also on the oversold side. The Intermediate-term sentiment indicators are not quite as easy to read in terms…

The CNN Fear/Greed is at a bullish 17, signaling the market should go higher for the short-term. Ned Davis Research (NDR) short-term sentiment at 39 remains bullish but not quite as bullish as a week ago when it was at a very oversold 20. Intermediate sentiment indicators are on the bullish side but not quite…

Historically reliable sentiment gauges we use as contrarian indicators tell us the equity markets are headed for some profitable upward bounces, particularly for the near term. The CNN Fear/Greed Index at 8 and the Ned Davis Research (NDR) short-term sentiment at 25 indicate the markets are oversold. Intermediate-term indicators are also adjusting downward suggesting upward…

The CNN Fear/Greed is at 8, indicating there’s a lot of fear among investors. The Ned Davis Research (NDR) short-term gauge is at 23,  suggesting the market is oversold. Used as contrarian indicators since investors historically are wrong, that means we should be expecting some market rebounds following the recent big selloffs that devoured gains…