|MONDAY, MAY 10, 2010|
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.
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
Monday, May 10, 2010
Sentiment remains bullish ( hence we can remain basically bearish) especially with the new pathetic cover-page of Barrons. We have a little positive spin with the NEW MOON in a few days in the bull sign of Taurus in good angle to Jupiter ( thats part of what we see today). That is followed by a grand square of VENUS with Saturn Pluto Uranus ( which is a big downer) on the 19th - the closer we move towards summer the unpleasant it will get. It is not a bear scare rather a bull bluff.
Posted by getagrip at 2:29 AM