Investors have officially become convinced that stocks do not decline. Sentiment readings are literally off the charts this week with the AAII small investor bullish sentiment survey surging 9% to 57.6%. Thatâ??s the highest reading since January 2007. Charles Rotblut of AAII is reporting that 60% would be a two standard deviation event.
This weekâ??s Investorâ??s Intelligence survey also saw a large increase in bullishness to 48.6%. This is the highest reading since May 6th, but is also 8 points shy of the high recorded on April 28th.
â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??
The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The opinions of all guest authors or contributors can and will differ from those of Mr. Roche. These opinions do not necessarily represent the opinions or investment decisions of Mr. Roche. The author(s) may or may not have a position in any security referenced herein and may or may not seek to do business with one another or companies mentioned via this website. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
A brief note on comments â?? The increase in users in recent months has resulted in an increase in unproductive comments. Any user who engages in the use of racial epithets or uses the comment section as a place to insult other users will be banned from the site. The comment section is welcome to all readers who are interested in asking pertinent questions and/or engaging in thoughtful, intelligent, and productive debate. In short, just be nice. Thanks.
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Rally â??round the family, with a pocket full of shells.
Holy crap man. This is the most confounding market I have ever seen.
You can have unprecedented sentiment levels, major break-downs in risk assets like junk bonds and munis (again, check out JNK, HYG, VKQ, LQD, etc.), break-downs in the Euro below critical 1.36 support, a tech bellwhether like CSCO blow guidance, EU contagion at levels that pry exceed where they were in April, and a US equity market that is nearly 100% impervious to all of it.
They say the tape doesnâ??t lie but something is not right here.
Buy the dip my man. Thatâ??s the motto. It works until it breaks.
POMO for 17 of the next 19 days
Theyâ??ll be a non-event by middle of next week. They would have been smarter to spread them out. Instead of taking little bites of the cake they are just throwing it in their face and diluting the effect.
actually last time when the sentiment hits 57% in Jan 2007, the market continued to go upâ?¦.
Who wants to bet we close positive today?
That because with the election results, the â??little guyâ? thinks there might be hope after all and is feeling positive.
© 2009 pragcap.com · Register for PC
Investors have officially become convinced that stocks do not decline. Sentiment readings are literally off the charts this week with the AAII small investor bullish sentiment survey surging 9% to 57.6%. Thatâ??s the highest reading since January 2007. Charles Rotblut of AAII is reporting that 60% would be a two standard deviation event.
This weekâ??s Investorâ??s Intelligence survey also saw a large increase in bullishness to 48.6%. This is the highest reading since May 6th, but is also 8 points shy of the high recorded on April 28th.
â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??
The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The opinions of all guest authors or contributors can and will differ from those of Mr. Roche. These opinions do not necessarily represent the opinions or investment decisions of Mr. Roche. The author(s) may or may not have a position in any security referenced herein and may or may not seek to do business with one another or companies mentioned via this website. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
A brief note on comments â?? The increase in users in recent months has resulted in an increase in unproductive comments. Any user who engages in the use of racial epithets or uses the comment section as a place to insult other users will be banned from the site. The comment section is welcome to all readers who are interested in asking pertinent questions and/or engaging in thoughtful, intelligent, and productive debate. In short, just be nice. Thanks.
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Rally â??round the family, with a pocket full of shells.
Holy crap man. This is the most confounding market I have ever seen.
You can have unprecedented sentiment levels, major break-downs in risk assets like junk bonds and munis (again, check out JNK, HYG, VKQ, LQD, etc.), break-downs in the Euro below critical 1.36 support, a tech bellwhether like CSCO blow guidance, EU contagion at levels that pry exceed where they were in April, and a US equity market that is nearly 100% impervious to all of it.
They say the tape doesnâ??t lie but something is not right here.
Buy the dip my man. Thatâ??s the motto. It works until it breaks.
POMO for 17 of the next 19 days
Theyâ??ll be a non-event by middle of next week. They would have been smarter to spread them out. Instead of taking little bites of the cake they are just throwing it in their face and diluting the effect.
actually last time when the sentiment hits 57% in Jan 2007, the market continued to go upâ?¦.
Who wants to bet we close positive today?
That because with the election results, the â??little guyâ? thinks there might be hope after all and is feeling positive.
© 2009 pragcap.com · Register for PC
Investors have officially become convinced that stocks do not decline. Sentiment readings are literally off the charts this week with the AAII small investor bullish sentiment survey surging 9% to 57.6%. Thatâ??s the highest reading since January 2007. Charles Rotblut of AAII is reporting that 60% would be a two standard deviation event.
This weekâ??s Investorâ??s Intelligence survey also saw a large increase in bullishness to 48.6%. This is the highest reading since May 6th, but is also 8 points shy of the high recorded on April 28th.
â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??â??
The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The opinions of all guest authors or contributors can and will differ from those of Mr. Roche. These opinions do not necessarily represent the opinions or investment decisions of Mr. Roche. The author(s) may or may not have a position in any security referenced herein and may or may not seek to do business with one another or companies mentioned via this website. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
A brief note on comments â?? The increase in users in recent months has resulted in an increase in unproductive comments. Any user who engages in the use of racial epithets or uses the comment section as a place to insult other users will be banned from the site. The comment section is welcome to all readers who are interested in asking pertinent questions and/or engaging in thoughtful, intelligent, and productive debate. In short, just be nice. Thanks.
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Rally â??round the family, with a pocket full of shells.
Holy crap man. This is the most confounding market I have ever seen.
You can have unprecedented sentiment levels, major break-downs in risk assets like junk bonds and munis (again, check out JNK, HYG, VKQ, LQD, etc.), break-downs in the Euro below critical 1.36 support, a tech bellwhether like CSCO blow guidance, EU contagion at levels that pry exceed where they were in April, and a US equity market that is nearly 100% impervious to all of it.
They say the tape doesnâ??t lie but something is not right here.
Buy the dip my man. Thatâ??s the motto. It works until it breaks.
POMO for 17 of the next 19 days
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