Investing
Haven
No Result
View All Result
Wednesday, March 22, 2023
  • Login
  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
stock market tips >>
Investing
Haven
  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
No Result
View All Result
InvestingHaven
No Result
View All Result

Sentiment Readings Confirm This Nascent Bull Market

by Taki Tsaklanos
February 05, 2023
in Markets & Stocks
0
market sentiment
1.9k
VIEWS
Share on FacebookShare on Twitter

This is a new bull market. We said it over and over again: no stock market crash in 2023. We showed it with similarities and differences between 2008 and 2022, we presented very precise indicators (that hardly anyone else is following but are very accurate) to confirm when this nascent bull market will be confirmed. Here is a data point that was published by Yardeni Research, in the public domain, earlier this week, that confirms our viewpoint.

Yardeni looks at sentiment, more specifically the ratio bulls vs. bears. He calls it the BBR indicator, it stands for the Investors Intelligence Bull/Bear Ratio. It is sentiment among investor, particularly those expecting a bullish vs. a bearish outcome.

Below is a chart and commentary from Yardeni’s site:

Last summer we observed that the BBR was as bearish as it was during the tail end of the Great Financial Crisis in early 2009. During last year’s bear market, the BBR fell below 1.0 numerous times. We noted that such readings have a history of providing excellent buy signals for contrarian investors. In recent weeks, the BBR has risen above 1.00 to 1.73 during the January 31 week. That’s consistent with early bull market readings.

A market with more bears than bulls is very unusual and a characteristic of a turning point. Note that a market like the one we had in 2022 requires a lot of time to resolve. So, while the signs of a new bull market were obvious by carefully analyzing charts, the vast majority of market participants could not see it because of 2 reasons:

  1. The duration of the consolidation was very long, making any bull doubt his assessment.
  2. The noise was tremendous, with doomsday predictions all over the place.

Both points reinforced each other of course.

If we carefully check the upper pane of the chart, we see that over the course of the last 30 years only a few times did the BBR spend several months below 1.00.

Are you fed up being concerned and influenced by the never-ending stream of doomsday headlines? You may want to consider having our algorithm do the hard work for you by auto-trading the S&P 500 >>

sentiment february 2023

Receive our weekly newsletter.

*We hate spam as you do.

premium service trade alerts   premium service trade alerts   premium service crypto teaser  
WARNING: InvestingHaven.com, our site, is not affiliated and has no connection whatsoever with Invest Haven Group on Invest-Haven.com or Investing-Haven.com. InvestingHaven.com did not have and will never have sales reps. Do not accept financial offers, certainly not by telephone, this is why >>
Taki Tsaklanos

Taki Tsaklanos

Taki has +15 years of experience in global markets. His methodology is unique and effective, yet easy to understand; it is based on chart analysis combined with intermarket / fundamental / sentiment analysis. His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com. Twitter: twitter.com/investinghaven

Latest

market crash

Our Systemic Crisis Condition Is Being Tested, Thoroughly

March 19, 2023
gold price forecast

Gold – The Secular Bull Market Is Resuming

March 19, 2023
xrp bull market forecast

XRP: The Most Beautiful Long Term Crypto Chart Of 2023

March 19, 2023
NYSE

Markets Downside Target Reached – What Now?

March 19, 2023

Connect with InvestingHaven

Receive top notch forecasts for free.

*We hate spam as you do.

Categories

  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto

Site Navigation

  • RSS Feed
  • About us
  • Mission 2026
  • Sitemap
  • Privacy & Disclaimer
  • Terms of Service
  • InvestingHaven vs. Invest-Haven
  • Contact Us
Investing
Haven

Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. Many investing tips and crypto market analysis.

Copyright © 2023 InvestingHaven

No Result
View All Result
  • Premium Investing Service
  • Premium Trading Service
  • Premium Crypto Service
  • 2023 Forecasts
  • Stock markets
  • Commodities
  • Lithium
  • Silver
  • Crypto
  • Login & MyAccount

Copyright © 2023 InvestingHaven

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    InvestingHaven.com honours your privacy. Read our Privacy Policy