At The Arora Report, we put in a considerable amount of effort in compiling our proprietary sentiment indicators. At extremes, sentiment is a contrary indicator. At present the sentiment between serious measured investors and the momo crowd is showing the biggest divergence EVER. About 30% of serious measured investors are bullish; this is a very low number and argues for the U.
WEEKLY MARKET DIGEST: SERIOUS DIVERGENCE IN SENTIMENT POSES MAJOR RISK TO BOTH UPSIDE AND DOWNSIDE $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
SERIOUS DIVERGENCE IN SENTIMENT POSES MAJOR RISK TO BOTH UPSIDE AND DOWNSIDE
May 15, 2015