THE DOT - if this turns orange or red be alert

Tuesday, February 16, 2010

Sentiment update

Sentiment has eased very much on the bullish side but is not in bearish territory - rather more neutral only the Rydex is very bearish hence bullish from a contrarian view. The odds confirm still that the current upside correction will carry on as expected for the next 2 weeks. The Bradley Sideograpf gives the 10th March as a major turning point and the VIX confirms that a dive below 20 for 2 weeks is due soon.

excerpt

MONDAY, FEBRUARY 15, 2010 Blank Image

INVESTOR SENTIMENT READINGS
High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.

Last Week2 Weeks Ago.3 Weeks Ago
Consensus Index

Consensus Bullish Sentiment56%60%58%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441. editor@consensus-inc.com
AAII Index

Bullish36.8%29.2%35.0%

Bearish41.943.136.7

Neutral21.427.728.3
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane

Bullish Consensus50%52%52%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment

Indicator58.1%57.8%57.4%
Source: First Coverage 260 Franklin St., Suite 900
Boston, MA 02110-3112 (617) 303-0180. info@firstcoverage.com
FC Market Sentiment is a proprietary indicator derived from actionable sell-side trade ideas sent by the sell-side to their buy-side clients over the First Coverage platform. Over 1,000 institutional sales people at more than 250 firms participate on the First Coverage platform and have contributed hundreds of thousands of ideas since inception. Each Idea is associated with a ticker or sector and is tagged bullish or bearish by the creator. This data is aggregated at the sector, industry and market level. The FC Market Sentiment score ranges from 0-100 (0=most bearish, 50=neutral, and 100=most bullish) and represents a completely objective, real-time view into what advice the sell-side is providing to their buy-side clients


Citigroup Panic/Euphoria Model
Market Sentiment

No comments:

About Me

I am a professional independent trader