Updated Sentiment Chart
Data Source: AAII
This updated chart gives a nice visual of the data we presented yesterday. As you can see above, it has not paid to get short below the high 30’s (bullish percent), but it has paid to get long below 30 (when pessimism was still high). The print from yesterday was 29.51%. There is still a wall of worry to climb. Continue reading “Updated Sentiment Chart”
Be in the know. 7 key reads for Friday…
- Trump Ordered Military Strike on Iran, Then Called It Off (Bloomberg)
- European central bankers claim oversight over Facebook’s cryptocurrency (Reuters)
- Fed’s Bullard says he wanted interest-rate cut as insurance against slowing economy, weaker inflation (MarketWatch)
- This Year’s G-20 Will Be a Faceoff Between Trump and Xi (Bloomberg)
- The Federal Reserve Gets Ready to Reverse Course (Barron’s)
- Verizon Is Remodeling for a 5G World. Here’s What That Looks Like. (Barron’s)
- Apple Explores Moving Some Production Out of China (Wall Street Journal)
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Where is Money Flowing today?
Insider Buying in Scientific Games Corporation (SGMS)
Hedge Fund Trade Tip (PCN) – Position Completion Notification
Hedge Fund Trade Tip (PMN) – Position Management Notification
Hedge Fund Trade Tip (PCN) – Position Completion Notification
AAII Sentiment: Pessimism Thawing, but Skeptics Still Abound
In the last few weeks – as pessimism prevailed in the AAII Sentiment Survey Results – we made the case to get long: Continue reading “AAII Sentiment: Pessimism Thawing, but Skeptics Still Abound”