06/22/23 Sentiment Timing Report

06/22/23 Sentiment Timing Report

MARKET ENVIRONMENT: The bigger picture is lower into August, no matter what takes place in the short term. It is interesting to see the market makers try and disguise their wrong expectation of the Fed-pause to cut to reality, in which tightening is still the main...
06/22/23 Sentiment Timing Report

06/20/23 Sentiment Timing Report

MARKET ENVIRONMENT: Woody is at the Doctors this morning, but sent me this: Stock’s finally have corrective look but seems relatively normal for now. Sentiment has become extremely bullish, which always happens closer to tops than bottoms. Sentiment came in at...