Investor Sentiment – Just Can’t Resist

  Again, in the weekly Bespoke Report, investor sentiment – which is traditionally a contrarian indicator – should portend higher prices down the road for the SP 500. It’s a very frustrating market – we get overbought and then oversold … Continued

SP 500 Earnings Update and a Scary Chart

The “forward 4-qtr estimate” next week (after the quarterly roll) will be $175.69, versus the $176.25 of two weeks ago. As readers can see, even looking out further than the typical earnings metrics, there is a natural degradation to the … Continued