Category: Stock Market Sentiment
The analysis published under this category are as follows.Wednesday, October 14, 2009
Stock Market Rally Technically Irrelevant / Stock-Markets / Stock Market Sentiment
If any further evidence was needed of the “all markets versus the dollar” ponzi trade, it’s the new highs for 2009 that we’re now seeing across the financial markets.
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Wednesday, October 14, 2009
Are Institutional Investors Selling or Buying Stocks? / Stock-Markets / Stock Market Sentiment
Are Institutional Investors taking profits?
Today's study shows the "net" daily amount of daily Buying and Selling for Institutional Investors. The green bars show the daily net calculation by subtracting the amount of Selling from the amount of Buying.
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Wednesday, October 07, 2009
Where and Who Are the Stock Market Bulls? / Stock-Markets / Stock Market Sentiment
Bull markets are said to climb a wall of worry. And during the past week this valued adage came to my mind again and again.
You see, I’ve been travelling quite a bit in Europe … giving speeches and presentations. This gave me the opportunity to talk to many institutional and private investors, and entrepreneurs. And was I ever surprised about how much things have changed!
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Monday, October 05, 2009
The Stock Market’s Next Move May Surprise You / Stock-Markets / Stock Market Sentiment
“The main purpose of the stock market is to make fools of as many men as possible.” – Bernard Baruch
The market is set to make a move…a very big move.
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Sunday, October 04, 2009
Stock Market Investor Sentiment: The Trend Is Your Friend / Stock-Markets / Stock Market Sentiment
Investor sentiment changed little as the 3rd quarter came to an end. The "smart money" continues to sit tight and has yet to tip its hand. The "dumb money" or retail investor (sorry, no offense meant to those who have been right for the last 3 months) continues to buy the dips aggressively. Company insiders continue to sell in record numbers. In the end, it is the same story as "the trend is your friend until it ends".
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Wednesday, September 30, 2009
Stock Market Rydex Bullish and Bearish Leveraged Funds Indicator / Stock-Markets / Stock Market Sentiment
As of Tuesday's close, the amount of assets in the Rydex bullish and leveraged funds exceeded the amount of assets in the bearish and leveraged funds by a ratio of more than 2 to 1. Over the past 3 months, this measure of excessive investor enthusiasm for equities has coincided with more selling than buying.
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Wednesday, September 30, 2009
This Stock Market Sentiment Indicator Always Works / Stock-Markets / Stock Market Sentiment
Last Friday the folks at Fox Business News invited your editor on to talk about gold (view clip here – I come on at about the 21 minute mark). If you watch the video, it won’t take long to see Fox Business probably won’t be having me back on anytime soon.
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Friday, September 25, 2009
Stock Market Dip Brings Out the Buyers / Stock-Markets / Stock Market Sentiment
Yesterday's mini sell off has brought out the dip buyers. At least this is what we can infer from our Rydex market timers.
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Sunday, September 20, 2009
Stock Market Investor Bullish Perceptions, It's Odd, But True / Stock-Markets / Stock Market Sentiment
Market participants remain all giddy about the bullish developments of the past months. Yet, one year ago, a level of 1200 on the S&P500 had everyone in a panic, and this was before a 20% two week plunge. On Friday, with the SP500 closing at 1068, everyone is now ecstatic and most investors see nothing but blue skies ahead even though the fundamental outlook is just as muddled as 12 months ago. It's odd, but true. Two different investor outlooks but essentially the same level on the S&P500. So what has changed?
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Sunday, September 13, 2009
Stock Market Investor Sentiment Bullish Fodder / Stock-Markets / Stock Market Sentiment
The "It Takes Bulls To Make A Bull Market" scenario is playing out, and the best thing to do is not fight the tape. However, someone forgot to tell the Rydex market timers who continue to look for a top and short the market. For the last two months, they have become short covering fodder for the bulls.
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Friday, September 11, 2009
Dumb Money Indicator Stock Market Predictability / Stock-Markets / Stock Market Sentiment
Several weeks ago a reader wrote me to suggest that there is no predictability to the "Dumb Money" indicator. I think I understood what the reader was stating especially since the indicator has been stuck in a super bullish extreme (i.e, bear signal) for several months now while the equity markets have gone higher. I take the reader's question seriously, and feel that it is a worthwhile query that requires a thoughtful answer.
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Thursday, September 10, 2009
Rydex Assets, Stock Market Leveraged Bulls v. Leveraged Bears / Stock-Markets / Stock Market Sentiment
Looking at figure 1, which is a daily chart of the S&P500, we note that the amount of assets in the Rydex leveraged and bearish funds are now greater than the assets in the leveraged and bullish.
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Thursday, September 10, 2009
Company Insiders are Dumping Shares at Record Pace / Stock-Markets / Stock Market Sentiment
Insiders are dumping shares at record pace.
So is it time to sell?
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Thursday, September 03, 2009
Stock Market The Insider Selling Fallacy Exposed / Stock-Markets / Stock Market Sentiment
The market rally has been strong and the bears continue to look for anything that could signal the downturn they’ve been waiting for months on to come.The latest “it makes sense on paper” market myth the bears have clung onto has been insider trading activity.
Insider trading is when corporate insiders like directors and executives buy or sell their own companies stock. It’s legal, regulated, and the insiders must disclose within four days of when they buy or sell their companies shares.
Friday, August 28, 2009
So Where Is the Stock Market Correction? / Stock-Markets / Stock Market Sentiment
There’s been a significant change in the mood on Wall Street and therefore in the financial media, in recent weeks. After perpetual bullishness for months, it seems that independent analysts, and even Wall Street spokesmen, pretty much now agree the market is overbought and overdue for a correction.
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Friday, August 28, 2009
Stock Market Investors Should You be Bold or Cautious Now? / Stock-Markets / Stock Market Sentiment
... It was April 2003 and investors were tired of the old Bear market and wondering when it would end.
The number of New Daily Highs on the New York Stock Exchange spend almost a full year under the 100 per day level ... in fact, it spend about 6 months with the number of New Daily Highs below 50 per day.
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Friday, August 14, 2009
Too Much Bullish Stock Market Sentiment? / Stock-Markets / Stock Market Sentiment
By far the majority with skin in the game of investing have little or no interest in the details of how their money is treated when left on its own.
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Sunday, August 09, 2009
Stock Market Investor Sentiment: Extremely Bullish / Stock-Markets / Stock Market Sentiment
Investor sentiment is extremely bullish as the "Dumb Money" indicator has registered its second most extreme reading ever. The current value is only less than the value seen in May, 2003, which was at the start of the last bull market.
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Wednesday, August 05, 2009
Thoughts on the Next Decade of Market Performance / Stock-Markets / Stock Market Sentiment
Last month I posted a poll on my website www.avaresearch.com asking readers by how much the U.S. stock market would return on average, annually over the next ten years. The results were a bit surprising.
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Wednesday, August 05, 2009
Consumer Confidence and Stock Market Investor Sentiment Indicators / Stock-Markets / Stock Market Sentiment
The broad consumer confidence index reported a decline below the 50% level on July 28. Let’s see how some other dimensions of confidence look.
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