Sentiment Updates

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…

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…

Intermediate term market sentiment indicator  is  flashing warning signs to be cautious.  The Investors-Intelligence polling of more than 150 market newsletter writers shows they are very optimistic. That is a warning sign from a contrarian point of view since they historically are wrong. Some 62% of the newsletter writers were bullish and only 18% were…

Intermediate term sentiment is quite negative. Investors-intelligence Bulls/Bears, which monitors attitudes of more than 100 market newsletter writers, is at 60% bulls and 18% bears. That’s very negative from a contrarian point of view. The difference between the bulls and bears is now at 42, which is an extreme warning sign. The Ned Davis Research…

Intermediate-term sentiment gauges are at lofty levels, signaling investors should be very cautious. Investors Intelligence is reporting that 59% of the more than 100 market newsletter writers it follows are bullish and 18% bearish. That is a strong warning signal since these writers historically have been wrong about market direction. We should note that the…