Tuesday, 14 February 2012

Market Sentiment Indicator for 14 Feb

New York Stock Exchange Sentiment indicator: 76.65% (Bullish : Bull confirmed 7 Dec)
Nasdaq Sentiment indicator: 62.83% (Bullish : Bull confirmed 17 Jan)
S&P 500 Sentiment indicator: 83.00% (Bullish : Bull confirmed 5 Dec)   

(NYSE & S&P 500 Above 70% now. US may be due for a correction these 2 mths. Pls wait for my Bearish Signal)

Energy Sentiment indicator: 72.09% (Bullish : Bull confirmed 10 Jan)
Financial Sentiment indicator: 85.19% (Bullish : Bull confirmed 5 Dec)

A reading above 70 means Overbought condition. Pls note that entering position above 70 indicates Market Risk is high. You may want to play short term or lower your position size. If Bullish sign turns Bearish when reading is above 70 means you should liquidate positions.

Pls note that this is not a RSI reading. Eg. New York Stock Exchange Sentiment indicator measures how many stocks are bullish now for all stocks listed in NYSE.

Apple 5G phone will be a revolution! How do you take advantage of this hype?

Dear Friends, It is a well known fact that US is trying to catch up with the 5G technology of China. That is the reason why US has viewed ...