S&P 500 Index 1874 By Steve Blumenthal March 5, 2014 Included in this week’s update (the usual weekly charts): S&P 500 Index Median PE Overvalued and Undervalued Price Targets (as of February 28, 2014) Sentiment Charts – Crowd Sentiment is Extremely Optimistic: Hedge Cyclical [...]Read More >

S&P 500 Index 1846 By Steve Blumenthal February 26, 2014  Investor Sentiment has quickly moved back to the Extreme Optimism zone (as measured by the NDR Crowd Sentiment Poll) and the S&P 500 Index is challenging the all time price high. We are in an overbought, over believed and [...]Read More >

S&P 500 Index 1828 By Steve Blumenthal February 19, 2014  Trade Signals is a weekly piece that looks at investor sentiment and identifies levels of both extreme optimism and extreme pessimism.  Those extremes may provide a path towards a proactive risk management process. I favor [...]Read More >

S&P 500 Index 1826 By Steve Blumenthal February 12, 2014 Last week, short-term investor sentiment as measured by the NDR Daily Sentiment Poll reached the Extremely Pessimistic zone (a Bullish signal) while the NDR Crowd Sentiment Poll (a somewhat slower measure of sentiment) was nearing [...]Read More >

S&P 500 Index 1755 By Steve Blumenthal February 5, 2014 Fear is clearly rising and investor sentiment is moving from excessive optimism toward excessive pessimism.  I share this Trade Signals with you today via email.  Included are a few extra charts that look at what I believe are logical [...]Read More >

S&P 500 Index 1775 By Steve Blumenthal January 29, 2014 Included in this week’s update: Sentiment Charts – Extreme Optimism Remains: Hedge Equity Portfolio Exposure Cyclical Equity Market Trend Charts - Both Trend Charts Remain Bullish Cyclical Bond Market Trend Charts – Both Trend [...]Read More >

S&P 500 Index 1843 By Steve Blumenthal January 22, 2014 I thought I’d highlight the Big Mo Cyclical Trend Chart this week.  Despite all the macro economic noise (debt, currency manipulation, QE, political dysfunction, etc.), the market has moved higher.  Certainly, the hardest part for [...]Read More >

S&P 500 Index 1839 By Steve Blumenthal January 15, 2014 The cyclical bull market trend remains in place, the Fed remains supportive and Investor Sentiment remains far too bullish.  I continue to favor hedging long-term equity exposure tied to today’s Extreme Optimism. Included in this [...]Read More >

S&P 500 Index 1833 By Steve Blumenthal January 8, 2014 In this week’s piece, along with the usual charts, I include an interesting chart showing the correlation between the growth in the Fed’s balance sheet, the S&P 500 Index and Gold.  The correlation in gold broke in 2013.  For [...]Read More >

S&P 500 Index 1831 By Steve Blumenthal January 3, 2014 There have been just three times since 1995 that Investor Crowd Sentiment (overall investor confidence in the stock market) has registered a higher bullish reading than today.  To shout caution would be an understatement. In this [...]Read More >

S&P 500 Index 1837 By Steve Blumenthal December 26, 2013  The ride for equities continues on and boy has it been a good one.  How much longer?  The key charts for me are the two Cyclical Trend charts I share in this piece today and every Wednesday.  Having a strategy and the ability to [...]Read More >

S&P 500 Index 1780 By Steve Blumenthal December 18, 2013 The cyclical trend remains positive (though aged) and we are entering a seasonally friendly time of year for the equity markets.  This week, along with the usual sentiment and cyclical trend charts, I include an interesting chart [...]Read More >

S&P 500 Index 1782 By Steve Blumenthal December 11, 2013 As I mentioned in last week’s piece, there are simply too many bulls and two few bears.  In fact, the lowest number of bears since 1987.  This is concerning.  Expect a correction.  This week, along with the usual sentiment and [...]Read More >

S&P 500 Index 1798 By Steve Blumenthal December 4, 2013 Each week I try to add an interesting chart or two.  This week, along with the usual sentiment and cyclical trend charts, I have included an additional sentiment chart plotting Investors Intelligence weekly survey of financial advisors [...]Read More >

S&P 500 Index 1805 By Steve Blumenthal November 27, 2013 Each week I try to add an interesting chart or two.  This week, along with the usual sentiment and cyclical trend charts, I have included a chart that supports the old adage - Don’t Fight the Fed. For now the cyclical trend remains [...]Read More >