Member
Posted 30 July 2020 - 08:06 AM
BULLISH
20.2%
-5.8Percentage point
change from
last week
HISTORICAL AVERAGE: 31.5%
?
NEUTRAL
31.3%
+4.2Percentage point
change from
last week
HISTORICAL AVERAGE: 30.5%
?
BEARISH
cycles nesting this weekend ... https://www.siliconi...?msgid=32858771
48.5%
august 82 all over again
Edited by da_cheif, 30 July 2020 - 08:11 AM.
Member
Posted 30 July 2020 - 08:16 AM
Scary, 0 bears that can't be good lol!!
Member
Posted 30 July 2020 - 08:22 AM
Scary, 0 bears that can't be good lol!!
48.5% bears
Member
Posted 30 July 2020 - 09:15 AM
0.42 Bull/bear ratio is near all time record low and the lowest since the virus scare started.
It doesn't mean "watch the sky" from here on out, but it sure sets up fuel for a dandy bear scorch.
January 2016 had a VERY SIMILAR reading, producing a 2 week scorcher and then a double bottom.
SEE: https://stockcharts..../dpgallery.html
Edited by Rogerdodger, 30 July 2020 - 09:24 AM.
Member
Posted 30 July 2020 - 09:27 AM
0.42 Bull/bear ratio is near all time record low and the lowest since the virus scare started.
It doesn't mean "watch the sky" from here on out, but it sure sets up fuel for a dandy bear scorch.
January 2016 had a VERY SIMILAR reading, producing a 2 week scorcher and then a double bottom.
thats what they sed in aug 82 .....watch the sky
I want return OF my money more than return ON my money
Posted 30 July 2020 - 09:43 AM
I am not sure normal TA applies here. Covid-19 situation is not normal. Fear of covid pounded 24-7 by media exceeds reality.
Trade safe!
Member
Posted 30 July 2020 - 10:07 AM
BULLISH
20.2%
-5.8Percentage point
change from
last week
HISTORICAL AVERAGE: 31.5%
?
NEUTRAL
31.3%
+4.2Percentage point
change from
last week
HISTORICAL AVERAGE: 30.5%
?
BEARISH
cycles nesting this weekend ... https://www.siliconi...?msgid=32858771
48.5%
august 82 all over again
Cheif - are you saying a decline for the next few days at least?
Member
Posted 30 July 2020 - 10:24 AM
From SentimentTrader:
Saying the AAII survey represents "investor sentiment" is like saying AARP represents "people".
And if you bought stocks the last time "investor sentiment" was this low for this long, you woulda had a hefty 49% drawdown. https://t.co/VzDrv8Soyb
I want return OF my money more than return ON my money
Posted 30 July 2020 - 10:32 AM
32.9% drop in 2nd quarter GDP is nothing to sneeze at.
Can the Niagara Falls of money from FED be enough to prop up the market?
Very interesting times lie ahead.
Trade safe!
Edited by pdx5, 30 July 2020 - 10:34 AM.
