Your Daily Bit of Wall Street Wit & Wisdom

stock market sentiment chart

h/t SentimenTrader, @sentimentrader

“Nothing like price to change sentiment.”
— Helene Meisler, @hmeisler

Measures of investor anxiety/fear and complacency/greed can provide valuable information in your analysis of the current market condition.  View them as a technical tool to add to your weighing of evidence.

The chart above shows pre-market fear reaching levels seen at bottoms in 2002 and 2008.

This morning, Wall Street bulls are set to try for a market bounce before they bounce out to the Hamptons for their annual holiday weekend.

Enjoy yours!

Best regards,

Steve

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