After falling in sync amid the February-March market sell-off, the three indicators have since diverged as the stock market rallied nearly 40% from the March 23 lows.The Bank of America Bull/Bear indicator has been stuck in bearish territory for weeks, flashing a 0.0 out of 10 as of last week.
This signifies that investors are undecided on stocks right now, which doesn't generate a contrarian trade signal.Lastly, the Citi Panic/Euphoria Model is now generating a reading of"euphoria," after rallying from a reading of"panic" in April. When taken together, the three divergent readings in the sentiment indicators signal that investors have no conviction in where the stock market goes from here.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Yeah, it is a time of profound uncertainty. Any thoughts on the crypto derivatives market?
There is no economic movement except the desire to prop up the market to feed a false narrative or to buy cheap deals. We have a leaderless nation in a world from which we retreated into a bunker in which we scurried.
The stock market is just a chart of wealthy people's feelings.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market crash: Albert Edwards warns recession to hit big tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bears are fake news. Reminder that bears eat trash.
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. Stocks Are Outpacing the Rest of the WorldThe percentage of fund managers who deem U.S. stocks attractive has risen to the highest level in nearly five years, according to a recent survey .why because Fascism is good for finance? We have to change the market machinery. Or ... it’s a “pump and dump”, because the fundamentals aren’t there. Never mind the 100,000 dead, the 40 million out of work, and the racial anguish that wracks the nation. It's a great time to be a fund manager!
Source: WSJ - 🏆 98. / 63 Read more »
Stock market crash: Albert Edwards warns recession to hit big tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bears are fake news. Reminder that bears eat trash.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market's hottest trade most volatile since 2008, how to invest - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »