That’s the surprising conclusion reached by a contrarian analysis of market sentiment.
Consider the average recommended equity exposure level among a subset of Nasdaq-focused stock market timers that my firm monitors on a daily basis. While that’s a lot lower than the excessively bullish readings registered several weeks ago, it remains a lot higher than the extremely pessimistic readings that accompanied significant bottoms of recent years.
Ghost of Christmas past One reason that many bullish traders are stubbornly refusing to throw in the towel is because they have fond memories of what happened around Christmas 2018, three years ago. You may recall that the stock market until then had been plunging, and on Christmas Eve came to the very brink of falling into an official bear market — defined as down at least 20%.
11 ways to stop money worries. Read it 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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's the best way to spot stock-market winners, according to this 25-year tech analystOPINION: My experience has taught me that the highest-quality companies have almost always been the best-performing stocks over a long-enough period – say, one to two years. wow good
Source: MarketWatch - 🏆 3. / 97 Read more »
5 things to know before the stock market opens MondayU.S. stock futures dropped Monday, heading into a holiday-shortened week filled with concern about the fast-spreading omicron Covid variant.
Source: CNBC - 🏆 12. / 72 Read more »
EXCLUSIVE Apple seeks dismissal of India apps market antitrust case, cites tiny market shareApple Inc has asked India's antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a player in the South Asian country where Google is dominant, a filing seen by Reuters shows. adityakalra it's amazing that they can argue that with a straight face
Source: Reuters - 🏆 2. / 97 Read more »
Investors in cannabis companies burned by stock-market losses in 2021 even as the pot business growsThe total addressable market for legal cannabis is expected to increase by 16% in 2021, according to estimates by the investment bank Cowen. But that hasn’t led to stock market gains. And it won’t until it is federally legal
Source: MarketWatch - 🏆 3. / 97 Read more »
The Dow is plunging and Nasdaq nears correction because stock-market investors don't see a Christmas cavalry coming to the rescueThe Dow is plunging and Nasdaq nears correction because stock-market investors don’t see a Christmas cavalry coming to the rescue Plunging? Media sucks.
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow futures slide more than 250 points as market worries mountU.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about Fed policy and the fast-spreading omicron variant of... ...or not Considering it went up over 1000 points in 2 days because Omicron was mild and like a cold 300 points is nothing
Source: MarketWatch - 🏆 3. / 97 Read more »