Daily Markets - Financial News And Opinions |
| Stock Investor Sentiment: Bounce Mode Posted: 20 Feb 2010 10:12 AM PST The investor sentiment data is consistent with a market that is in bounce mode. Following the late January sell off, investors really did not become too bearish. The subsequent bounce over the past 2 weeks has once again created a sense of complacency across our various metrics. In light of this, it will be difficult for the major stock indices to climb to new highs. Despite the recent short term strength, it is still my contention that we will need to go lower before … [visit site to read more]
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