While on the surface Technical Analysis seems to be mainly about drawing lines on a piece of paper (or these days, a computer screen), the practice actually goes much deeper. There are other sub-studies, such as Seasonality, and understanding the human behavioral ticks when it comes to trading and investing. However, another topic that is […]
Chart of the Day – Thursday, August 8th 2019
Today’s Chart of the Day was shared on Twitter by Willie Delwiche (@WillieDelwiche). It is a chart of the latest AAII Sentiment Survey results with the percentage of bulls in green, and the percentage of bears in red. Willie notes that the percentage of bulls fell drastically this week from 38% to 22% while the percentage of […]
Chart of the Day – Thursday, June 20th, 2019
Today’s chart of the day was shared in a note from Bespoke titled: “Bullish Sentiment Very Low For a Market at New Highs”. The chart shows the S&P 500 in red, with AAII bullish sentiment in blue. We like the chart because it illustrates how pessimistic investors are despite the fact that the S&P 500 is […]
Short-term Bearish, Long-term Bullish
Earlier this week, Katie Stockton appeared on CNBC’s Squawk Box to share her thoughts on the current landscape of the market and what she sees over the short, and intermediate term. Katie shares that her short-term indicators are “supportive of the pullback” and that she does not see a current bottom of 2800. Katie is […]
Why All The Pessimism?
“Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria…” -Sir John Templeton We are staring at a rally that a majority of market participants truly hate. There is a lot of noise out there these days, including the back-and-forth from both sides of the political aisle and, of […]
