monday brainstorming

1. Libya is finally close to astrologically anticipated Gaddafi final where he will  lose the war in best case ( worst case get killed) – that helps to rally the markets a bit but rather more to oversold conditions. Boiler room propaganda from Bloomberg who constantly come up with pathetic explanations why the markets are cheap. In a depression a 12.5 times PE is not cheap at all actually half that value would be decent and to compare the 10 year yield (2%) with a slightly higher 2.16 % yield of the SPX should rather be a reason to fire incompetent coming up with such boiler room bullshit. The sentiment is quite bearish short term hinting to the end of wave 3 being imminent and around the Jackson Hole WE wave 4 up should start as on Wednesday  ‘journalists’ – if that were the job describtion. The last negative aspect of Mars will very likely mark the low of wave 3 down ideally again testing the 1100 SPX mark before a test of 1210-40 will be on the schedule.


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MONDAY, AUGUST 15, 2011 Blank Image
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 Week 2 Weeks Ago. 3 Weeks Ago
Consensus Index
Consensus Bullish Sentiment 31% 30% 41%
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (800) 383-1441.
AAII Index
Bullish 35.6% 33.4% 27.2%
Bearish 39.8 44.8 49.9
Neutral 24.6 21.8 23.0
Source: American Association of Individual Investors,
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
Market Vane
Bullish Consensus 47% 44% 49%
Source: Market Vane, P.O. Box 90490,
Pasadena, CA 91109 (626) 395-7436.
FC Market Sentiment
Indicator 58.7% 63.8% 58.6%
Source: First Coverage 260 Franklin St., Suite 900
Boston, MA 02110-3112 (617) 303-0180.
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


~ by behindthematrix on August 22, 2011.

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