Stocks, commodities, precious metals and even Treasuries enjoyed super rallies last week. Stocks were buoyed by generally good Q2 ‘surprise’ earnings results of the likes of Amazon and Apple among others. So the gloom and doom atmosphere of last month was misplaced, as usual. And
Tag: AAII
This high-profile maker of electric vehicles divides investor opinion like no other. Its founder and boss, Elon Musk, is a self-publicist non pareil (matched only perhaps by that other self-promotion genius Richard Branson). Despite there being scores of rival electric cars either in production or
I have been describing a whole slew of sentiment indicators here from the COT, AAII surveys, Investors Intelligence surveys, DSI surveys and all are saying the same thing loud and clear – bullish mania is extreme. Of course, these indicators are no magic timing indicators
Last Saturday, I posted my thoughts on Bitcoin and concluded the bubble was about to burst. This was the daily chart I showed at the time The Elliott waves were pretty clear – the 1 September high at $4,923 was the final high of wave
I half-jokingly posted the Barron’s 30,000 Dow cover as an example of the over-reaching and unrealistic manic bullishness of sections of the media towards the stock market – and total belief in the Trump Bump. But last week’s strong performance has wiped a little of