From marketwatch.comLook out, Wall Street: Tom Brady and the New England Patriots have spoken, and their Super Bowl victory on Sunday may portend a down year for the market. If a team from the original National Football League — the leagues merged in 1970 — wins, the market rises. That's according to the Super Bowl Indicator, a fun but completely unscientific predictor that says stocks will fall if a team from the original American Football League, or its AFC descendants, wins the Super Bowl. This year, the Patriots represented the AFC, and the ... ( full story ) Expansion teams created after the merger get counted for whichever conference they're in, the NFC or AFC.
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There are always bulls and bears, but investors seem unusually split—sometimes along partisan lines—about the market's prospects. That quiet trading environment is seen as a sign that the market's biggest bulls and biggest bears are essentially offsetting each other, keeping their excesses of sentiment in check. Warren Buffett famously advised investors, "be fearful when others are greedy, and greedy when others are fearful." The trillion-dollar question for Wall Street right now is, which tone currently dominates? Another famous investing quote, from Sir John Templeton, posits that bull markets are born on pessimism and die on euphoria. "We're really seeing a bifurcation in views about the market, but that's healthy," said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management.
In the latest survey, the percentage of bearish advisors fell to 16.7% as they reacted to the recent market strength. Investor Intelligence considers a number above 55% a danger zone, as it is a strong, contrarian warning of a potential market top. In a report, Investor Intelligence said that advisor sentiment is a leading indicator and that excessive optimism most often peaks prior to the indexes. The latest weekly survey of U.S. advisors by Investors Intelligence, a provider of research and technical analysis, showed that the number of bulls rose to 62.7% last week, the highest level since December 2004. Nearly a year ago, when stocks posted a sharp January-February decline, the bullish count fell as low as 24.7%.
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collected by :Jack Luxor
As it stated in
Tug of war between bulls and bears is keeping the stock market in check
There are always bulls and bears, but investors seem unusually split—sometimes along partisan lines—about the market's prospects. That quiet trading environment is seen as a sign that the market's biggest bulls and biggest bears are essentially offsetting each other, keeping their excesses of sentiment in check. Warren Buffett famously advised investors, "be fearful when others are greedy, and greedy when others are fearful." The trillion-dollar question for Wall Street right now is, which tone currently dominates? Another famous investing quote, from Sir John Templeton, posits that bull markets are born on pessimism and die on euphoria. "We're really seeing a bifurcation in views about the market, but that's healthy," said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management.
In the latest survey, the percentage of bearish advisors fell to 16.7% as they reacted to the recent market strength. Investor Intelligence considers a number above 55% a danger zone, as it is a strong, contrarian warning of a potential market top. In a report, Investor Intelligence said that advisor sentiment is a leading indicator and that excessive optimism most often peaks prior to the indexes. The latest weekly survey of U.S. advisors by Investors Intelligence, a provider of research and technical analysis, showed that the number of bulls rose to 62.7% last week, the highest level since December 2004. Nearly a year ago, when stocks posted a sharp January-February decline, the bullish count fell as low as 24.7%.
read more visit us Money
collected by :Jack Luxor
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