This page has been archived and commenting is disabled.

Investor Sentiment: Equities Need To Rise On Own Merit

Submitted by thetechnicaltake on 06/20/2010 17:50 -0400

Investor Sentiment

The major
equity indices have forged a bottom over the past two weeks as the cycle of
greed and fear plays out. As expected, investor sentiment has turned neutral.
Consequently, short covering is unlikely to be the fuel that propels prices
higher, and with the fundamental outlook questionable, it is reasonable to
wonder what the fundamental driver will be that propels prices higher. In
essence, equity prices will need to rise on their own merit.

{To view larger images, click on graphs}

Investor Sentiment 6.20.10

- advertisements -

Thu, 07/01/2010 - 11:02 | 446423 mbtshoe

Welcome to visit http://www.christianlouboutinsandalssale.com. So cute and how stylish they are! The peep toe shoes are various styles such as peep toe pumps. These peep toe high heels can make you crazy which are so sexy! For example, red peep toe pumps are so charming! The black peep toe pumps are so calssical! White peep toe pumps are so pure! The wedge peep toe shoes can bring you different comfortable feeling! We offer many series of sandals high heels such as Alexander McQueen Shoes, manolo blahniks, manolo blahnik wedding shoes and christian louboutin slingbacks. The peep toe slingback are hot sale this summer! Welcome to shop or buy fashionable sandals high heels shoes!

Sat, 06/26/2010 - 05:17 | 435038 mbtshoe

Sat, 06/26/2010 - 05:17 | 435037 mbtshoe

Mon, 06/21/2010 - 11:41 | 424997 Trifecta Man

The fundamental is a flood of fiat currency.

Sun, 06/20/2010 - 22:29 | 424322 Mitchman

Equities Need To Rise On Own Merit

In that case, we shouldn't be expecting equities to rise any time in the near future.

Sun, 06/20/2010 - 23:03 | 424389 johnnynaps

Dear Timmay an Heli Ben,

I have been studying the currency markets for close to a year now. My demo account was doing just fine after 4 months of practice. As of this March, I had put my leftover vacation pay from my previous job in order to achieve some sense of self-reliance. It is apparent that you guys are meddling in the Fx market.

It is pretty shitty of you to debase the currency in order to lie to the public about "true DOW dispositions". But, the more you meddle, the more susceptible I am to "lengthy unemployment" and better tax returns! And, let me stress, I am college educated with unparallel street smarts, so cutting down unemployment will only lead to undesirable alternatives.

Now, beings that I am smarter than the average fool and smarter than you think.......I am prepared for the worst. Keep in mind, when TSHTF, it won't be my place they will be looting, but I will be laughing due to my "holdings". And, amidst the chaos......I will be more than a thorn in your side.

Sincerely,

A free market proprietor

Sun, 06/20/2010 - 21:40 | 424240 exportbank

The market tomorrow is built on the Chinese Yuan - most of the players think this will be good for the US - they fail to understand that the direction of the currency adjustment will be down against the USD not the hoped or wanted upward adjustment. But the funniest thing of all is that it's just a "statement" to keep pressure off during the BILLION DOLLAR G8/G20 meeting in Toronto. Yup - a billion dollars spent by Canada to host a meeting that Pittsburgh hosted for 5% of that. And you'd heard that Canadian governments were sane..

Sun, 06/20/2010 - 21:46 | 424251 sumo

Unlike announcements from Europe, those from China actually move the markets. Shows you who has geo-political power and who doesn't.

Sun, 06/20/2010 - 20:54 | 424202 A_MacLaren

Tell it to the Futures rampers on Sunday cheering a Yuan float non-statement.

Sun, 06/20/2010 - 20:48 | 424194 Kreditanstalt

"Equities have forged a bottom over the past two weeks"?

(...and here I was thinking they had more likely made a TOP...)

Is this a REALISTIC assessment or more technical stuff?

Sun, 06/20/2010 - 19:18 | 424128 Duuude

Doesn't this guy know Stocknet is now sentient ?

Tue, 06/22/2010 - 16:39 | 424219 ZerOhead

Discharge Petitions

While serving in the U.S. House in 1993, Inhofe led a fight to dissolve a procedural rule that ensured anonymity for members who signed petitions to block legislation stuck in committees. Supporters of keeping the discharge petition rule argued that the publication of lawmakers’ names would make members susceptible to pressure from lobbyists and “flavor-of-the-week” legislation.Krauss, Clifford "Public Mood Bolsters Effort to End House's Secrecy Rule" The New York Times. Sept. 14, 1993.⁽⁵⁾Krauss, Clifford "Public Mood Bolsters Effort to End House's Secrecy Rule" The New York Times. Sept. 14, 1993.

But Inhofe’s effort to lift the 80-year-old provision succeeded with the support of Ross Perot and conservative talk-radio hosts, who said that the procedural rule allowed lawmakers to say publicly they supported legislation that they actually worked privately to kill. “Without this reform, a handful of elite leadership makes the determination as to what legislation we can debate or vote on. The bottom line is, as long as secrecy is in effect, members can go back and tell their constituents whatever they want and still oppose their wishes in secret,” Inhofe said at the time.Krauss, Clifford "Public Mood Bolsters Effort to End House's Secrecy Rule" The New York Times. Sept. 14, 1993.⁽⁵⁾

Investor Sentiment: Equities Need To Rise On Own Merit

Comment viewing options