Are You Paying Attention to the Market’s Subtle Warnings?
Let’s look at the sentiment cycle chart to see where we are. Hint, while we’re not at ‘enthusiasm,’ we’re also not at ‘panic.’
Just When They Stop Talking About Broadening Out, We Broaden Out
The market was down today, but the selling was orderly and concentrated in tech and the mega caps.
The Mags Are Ugly on a Day With Good Breadth
Why was the market down on a day that breadth was positive? It’s that either/or market again.
A Change in Sentiment Would Help. Here’s Why.
Sentiment is deeply important to how the market performs. Right now, sentiment remains more complacent than I would like.
The Bulls Are Leaving the Building. That Could Improve the Odds of a Rally.
It’s counterintuitive, but if more people turn bearish, then there is more fuel for a rally as those investors jump back into the market.
Tech Stock Charts Don’t Look Good, but the Market Is Oversold
It’s still an Either/Or market, but right now, with the market oversold, we could see a bounce.
Another Sentiment Indicator Shows a Bearish Turn
The tech stocks are due for an oversold rally. Sentiment remains complacent, but more bears are joining the fray.
Monday’s Stock Market Rally Was Pathetic. Here’s Why.
Investors are complacent. Even in stocks that are sinking. Until something changes, we won’t get a lasting and meaningful rally.
Don’t Expect Much of an Oversold Rally With Sentiment So Complacent
The best rallies set up from a place of fear. So, although stocks may be nearing oversold, until investors are fearful, we can’t expect much from a bounce.
If You Think the Semis Are Weak, Take a Look at These Stocks
Semiconductors are part of a long list of stocks that are down. The good news is that so many are down that this might be good news for investors.